Dwf Share Discussion Threads

[jonwig] 29/6/2020 15:23

Scep - sure, DWF is a fine company - I know some firms who are clients. But that's not enough for the market.

First, they have net debt, which isn't good with a law firm which also has big debtors. They see fit to stress their debt collection records and lower debt than expected, but why even mention it? And then there's CEO leaving - not so transparent.

I don't know what price I'd be a buyer here, look at the chart! But yes, at some point maybe.

[scepticalinvestor] 29/6/2020 13:36

I have my eye on this. Despite the recent profit warning they are still a decent firm imo

[itsnotmeitsy0u] 26/6/2020 14:13

reckon it will settle at circa 40p now

[itsnotmeitsy0u] 23/6/2020 10:38

still a large seller.will be buying in but there is still a way to go. agree with the comment re GTLY however there is a definite trading opp here imo

[tradertrev] 22/6/2020 20:38

Would far rather own GTLY - better managed, lower valuation and much stronger balance sheet.

[saltaire111] 22/6/2020 13:20

I bought DWF this morning at 58p. Think that lawyers are going to do well from the avalanche of litigation that’s going to follow the global pandemic. DWF now offers global reach and will be well positioned to benefit. BUY!

Salty

[itsnotmeitsy0u] 16/6/2020 11:21

Crikey stock still being dumped even at 59p

[itsnotmeitsy0u] 12/6/2020 13:50

hmm tempted - base seems to be forming here

[hybrasil] 11/6/2020 16:29

A good entry point would be somewhere in the 50's. Will it fall that far?
They have a lot of debt and I abhor debt in a law firm

[itsnotmeitsy0u] 11/6/2020 14:24

reckon this will be in the 30's soon

[itsnotmeitsy0u] 09/6/2020 16:45

Crikey the herd is really dumping this

[itsnotmeitsy0u] 05/6/2020 13:22

actually not - looking likely that this will hit the 50's soon

[itsnotmeitsy0u] 29/5/2020 12:20

its good for a quick trade imoeasy 10%

[goliard] 29/5/2020 11:28

I never look at market cap when I start analysing and only come back to it after I have worked out what I think a fair market cap should be after adjusting for debt, markets etc. Unfortunately I think DWF is currently valued pretty fairly even with the massive recent drop and I wouldn't be looking at it unless it was a bargain, which for me would be about 40p. Just my guess, but any partner who was not a fan of the IPO has probably helped push the Managing Partner out the door.

[firtashia] 29/5/2020 10:40

Out first thing. The CEO resigning with immediate effect- I thought that only happens at dodgy AIM companies, not FTSE listed enterprises. I didn't know what to make of the trading update, just too difficult to call so overall I made the decision to sell out first thing. In the words of Mr Livermore, a loss never bothers me after I take it. GLAH.

[itsnotmeitsy0u] 29/5/2020 10:33

its pretty neutral imo.it is worth a punt in the 60's though.

[colinroberts] 29/5/2020 10:25

Been looking at the results and at the comments earlier today, and guess what - I think given the circumstances these ARE a positive set of results. Over-sold. A good medium-term play.. I'm buying.

[itsnotmeitsy0u] 29/5/2020 09:31

looks like we will see 65-67p today

[itsnotmeitsy0u] 29/5/2020 09:17

i really hate these hidden large sells

[itsnotmeitsy0u] 29/5/2020 09:07

managed to dump at just over 76 on openwill buy back in but there is some heavy background selling

[itsnotmeitsy0u] 29/5/2020 08:30

lol i was being facetious

[tradertrev] 29/5/2020 08:29

You must have some pretty half-full, rose-tinted glasses to call that a positive update!

[itsnotmeitsy0u] 29/5/2020 07:44

Positive update

[itsnotmeitsy0u] 28/5/2020 16:12

results tomorrow imo

[itsnotmeitsy0u] 26/5/2020 08:57

GTLY just released decent results - expecting pretty much the same here