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Designer Vision Limited - Join the in-car entertainment boom (DVS)
Technotamed - 13 Mar 2006 21:04
Remember when very few cars had a radio, now its common place.
Electric windows, sun-roofs and air-con where for top of the range vehicles.
Only XR3i and GTIs had fuel injection.
Now we are seeing SAT-NAV and in-car DVD and LCD SCREENS being fitted by car owners These are considered luxury items still or add-on kits.
We are now seeing SAT-NAV and in-car entertainment systems being fitted to more and more new cars, this will be the expected norm in the future.
DVL has over 15 years experience in the development and supply of in-car audio visual entertainment and satellite navigation solutions, with key strengths in the following areas:
Research and development
Concept design
CAD design and support
Programme management
OEM engineering liaison
Hard and soft trim fabrication
Performance and safety verification
Component manufacturing
Production assembly
Logistics management
Marketing support
With yet another contract added again today I feel that Designer Vision Ltd is the stock to back and get in early on the car entertainment boom.
Electric windows, sun-roofs and air-con where for top of the range vehicles.
Only XR3i and GTIs had fuel injection.
Now we are seeing SAT-NAV and in-car DVD and LCD SCREENS being fitted by car owners These are considered luxury items still or add-on kits.
We are now seeing SAT-NAV and in-car entertainment systems being fitted to more and more new cars, this will be the expected norm in the future.
DVL has over 15 years experience in the development and supply of in-car audio visual entertainment and satellite navigation solutions, with key strengths in the following areas:
Research and development
Concept design
CAD design and support
Programme management
OEM engineering liaison
Hard and soft trim fabrication
Performance and safety verification
Component manufacturing
Production assembly
Logistics management
Marketing support
With yet another contract added again today I feel that Designer Vision Ltd is the stock to back and get in early on the car entertainment boom.
Technotamed - 15 Mar 2006 17:33 - 2 of 223
15 March 2006
Designer Vision Group Plc
(Designer Vision or the Company)
Appointment of Virgin executive as a Non-Executive Director
Designer Vision Group Plc, the supplier of portable and in-car entertainment solutions to the OEM and retail markets, is pleased to announce that Ian Hopkins has been appointed as a non-executive director with immediate effect.
Ian was until recently Head of Business Development at Virgin Megastores where he has been instrumental in the re-development of the overall product offer and proposition in the UK and USA. With over 20 years of retailing skills behind him, he brings the broad strategic and tactical skills developed and sharpened in organisations such as The John Lewis Partnership, Clarks and the Caudwell Group. His understanding of growing markets and vision for product and business development will be critical to the growth of the organisation within the Consumer Electronics sector.
Commenting on the appointment, Angelo Panayiotou, Chief Executive of Designer Vision, said:
We are delighted to have been able to attract Ian Hopkins to our board. He joins from one of our leading retail customers and brings to the Company his very considerable retail expertise and experience. We expect that he will make a significant contribution to our deliberations.
As required under schedule 2, paragraph (g) of the AIM Rules, the following information is provided on Ian Hopkins:
Current directorships
Tabooboo Ltd
Previous directorships within the last five years
Rohan Designs Ltd
Designer Vision Group Plc
(Designer Vision or the Company)
Appointment of Virgin executive as a Non-Executive Director
Designer Vision Group Plc, the supplier of portable and in-car entertainment solutions to the OEM and retail markets, is pleased to announce that Ian Hopkins has been appointed as a non-executive director with immediate effect.
Ian was until recently Head of Business Development at Virgin Megastores where he has been instrumental in the re-development of the overall product offer and proposition in the UK and USA. With over 20 years of retailing skills behind him, he brings the broad strategic and tactical skills developed and sharpened in organisations such as The John Lewis Partnership, Clarks and the Caudwell Group. His understanding of growing markets and vision for product and business development will be critical to the growth of the organisation within the Consumer Electronics sector.
Commenting on the appointment, Angelo Panayiotou, Chief Executive of Designer Vision, said:
We are delighted to have been able to attract Ian Hopkins to our board. He joins from one of our leading retail customers and brings to the Company his very considerable retail expertise and experience. We expect that he will make a significant contribution to our deliberations.
As required under schedule 2, paragraph (g) of the AIM Rules, the following information is provided on Ian Hopkins:
Current directorships
Tabooboo Ltd
Previous directorships within the last five years
Rohan Designs Ltd
Technotamed - 18 Mar 2006 14:14 - 3 of 223
Brief run down of contracts won:-
15/04/04 Ford Contract - Semi-integrated DVD Sytems
28/06/04 BMX Contract - Rear seat entertainment for X5
07/03/05 Vigin Megastore - Portable DVD players
18/04/095 Nissan - Agreement
18/07/05 Jaguar - Contract
06/09/05 MP3 Player order
19/09/05 Renault - In-car entertainment system audio/visual
06/10/05 MP3 Players order
24/10/05 Land Rover - Contract
06/02/06 Ranault - Contract
27/02/06 Nissan - Further contract
13/03/06 Volvo - Further contract
We will be seeing further contracts added as we progress through the year, how much longer can this share stay below 3p?
15/04/04 Ford Contract - Semi-integrated DVD Sytems
28/06/04 BMX Contract - Rear seat entertainment for X5
07/03/05 Vigin Megastore - Portable DVD players
18/04/095 Nissan - Agreement
18/07/05 Jaguar - Contract
06/09/05 MP3 Player order
19/09/05 Renault - In-car entertainment system audio/visual
06/10/05 MP3 Players order
24/10/05 Land Rover - Contract
06/02/06 Ranault - Contract
27/02/06 Nissan - Further contract
13/03/06 Volvo - Further contract
We will be seeing further contracts added as we progress through the year, how much longer can this share stay below 3p?
ravey davy gravy
- 19 Mar 2006 14:35
- 4 of 223
As a regular on the advfn thread i too am quite excited about the prospects
of Dvs, taking into account the recent placing the market cap is only approx 2.5 mil.
It could be a future trafficmaster in the making but on a smaller scale, Tfc took
a while to convince the car manufactures that Smartnav was the way to go but
once a few had them installed the rest quickly followed to have it as standard
in all their cars, can Dvs do the same with their entertainment systems, a 2 year
punt for me, hoping for them to take off long term and then take advantage of the tax breaks for holding a aim stock for 2 years.
of Dvs, taking into account the recent placing the market cap is only approx 2.5 mil.
It could be a future trafficmaster in the making but on a smaller scale, Tfc took
a while to convince the car manufactures that Smartnav was the way to go but
once a few had them installed the rest quickly followed to have it as standard
in all their cars, can Dvs do the same with their entertainment systems, a 2 year
punt for me, hoping for them to take off long term and then take advantage of the tax breaks for holding a aim stock for 2 years.
Technotamed - 19 Mar 2006 16:10 - 5 of 223
I've seen the advfn thread but thought a little coverage was needed here as well, good prospects worth shouting about.
ravey davy gravy
- 19 Mar 2006 19:14
- 6 of 223
Results out on Mon 27th March so a much clearer picture will
emerge then of just how well the company is performing hopefully.
emerge then of just how well the company is performing hopefully.
Harry6
- 19 Mar 2006 19:34
- 7 of 223
From 12p to less than 3p in a year - loads of contracts with big name co's, Ex Virgin blokey on the board. Looks like a steal, but the sp performance is a little worrying. Isn't it?
Technotamed - 23 Mar 2006 16:54 - 8 of 223
What a rise ahead of prelims monday - 43% rise on small number of trades must be low on stock, traders will take their positions Friday ready for Monday. Heres hoping for good news, onwards and upwards more blue sky to come.
Technotamed - 24 Mar 2006 17:43 - 9 of 223
Well looks like 70% buys today and a little profit taking, heres looking for a good result on Monday and further rises. Good luck all.
Technotamed - 27 Mar 2006 17:28 - 10 of 223
Good result today, checked the year end results with my companies Finance Director who expressed an opinion that the company was heading in the right direction for recovery.
Turn-over up from 2,574,709.00 to 9,256,354.00, Losses reduced, extra funding of 500,000, increased cash reserves. Increased client base, new products and increased orders, other income streams coming on board.
Looking like a good start to 2006 and heading in the right direction to an operating profit.
A good recovery stock in laymans terms.
Turn-over up from 2,574,709.00 to 9,256,354.00, Losses reduced, extra funding of 500,000, increased cash reserves. Increased client base, new products and increased orders, other income streams coming on board.
Looking like a good start to 2006 and heading in the right direction to an operating profit.
A good recovery stock in laymans terms.
ravey davy gravy
- 27 Mar 2006 17:45
- 11 of 223
A poster who holds Dvs mentioned the interest on loans as being very
high, any views on this Techotamed ?
I agree a good recovery stock and it will start going back up when all the
traders are fully out.
high, any views on this Techotamed ?
I agree a good recovery stock and it will start going back up when all the
traders are fully out.
Technotamed - 27 Mar 2006 18:50 - 12 of 223
That never can up this morning, but if I manage to get some more time with our Finance Director (used to work for Ernst and Young before working with us full time) I will ask the question.
Technotamed - 28 Mar 2006 16:47 - 13 of 223
Some recovery today as traders have had some time to take in the year end results and can see the long term potential.
Technotamed - 31 Mar 2006 14:00 - 14 of 223
I cannot understand AFX producing their news release with the headline "loss widens" !!
The book value of the company has improved.
Ratio of Assets against Losses for 2004 was 2.7-to-1
Ratio of Assets against Losses for 2005 was 3.7-to-1
Rising book value has a positive impact on the market value which in turn pushes the share price up.
The book value of the company has improved.
Ratio of Assets against Losses for 2004 was 2.7-to-1
Ratio of Assets against Losses for 2005 was 3.7-to-1
Rising book value has a positive impact on the market value which in turn pushes the share price up.
Treblewide
- 31 Mar 2006 14:15
- 15 of 223
techno...you have missed a major point the loss did widen
Technotamed - 31 Mar 2006 14:54 - 16 of 223
Yes I do understand that, hopefully the loss will decrease as we progress through the year and pushing the book value higher still.
Treblewide
- 31 Mar 2006 15:00
- 17 of 223
so you can understand why AFX lead with the facts as opposed to what might happen in the future?
Technotamed - 03 Apr 2006 17:24 - 18 of 223
US$10m Retail Supply Contract
Designer Vision, a leading supplier of portable multimedia products to the retail market, announces that it has secured a US$10m contract to supply Toys R Us in the USA and Europe. The initial order is for 50,000 "Designer Vision" branded portable DVD players, 20,000 Twin screen DVD systems, 40,000 MP3 players, and 4,000 video cameras. Further orders are expected throughout the course of the current financial year.
A nice increase in SP to match, profit taking to commence as normal.
Designer Vision, a leading supplier of portable multimedia products to the retail market, announces that it has secured a US$10m contract to supply Toys R Us in the USA and Europe. The initial order is for 50,000 "Designer Vision" branded portable DVD players, 20,000 Twin screen DVD systems, 40,000 MP3 players, and 4,000 video cameras. Further orders are expected throughout the course of the current financial year.
A nice increase in SP to match, profit taking to commence as normal.
Technotamed - 18 Apr 2006 19:46 - 19 of 223
Just arrived back from a 10 day holiday and what do I see, yet another contract. There coming thick and fast.
18 April 2006
Designer Vision Group plc
(Designer Vision or the Company)
New USA Retail Supply Contract
Designer Vision, a leading supplier of portable multimedia systems, announces that it has secured a contract to supply a major US retailer with 24,000 1GB MP3 players. The initial order is for "Designer Vision" branded MP3 players and is valued at US$1.2m. Further orders are expected from this customer throughout the course of the current financial year.
The order will be delivered within 21 days and will go on sale in May in the customers network of branches throughout the USA. The new "Designer Vision" branded MP3 players are manufactured exclusively by Designer Vision on behalf of the customer.
Angelo Panayiotou, Chairman and CEO of Designer Vision, said:
"We are delighted to have been selected by this global retailer as their preferred supplier for their MP3 requirements and this is further testament to the ability of Designer Vision to win high value orders from quality retailers. We look forward to building on this new relationship with further product offerings during the course of the year"
18 April 2006
Designer Vision Group plc
(Designer Vision or the Company)
New USA Retail Supply Contract
Designer Vision, a leading supplier of portable multimedia systems, announces that it has secured a contract to supply a major US retailer with 24,000 1GB MP3 players. The initial order is for "Designer Vision" branded MP3 players and is valued at US$1.2m. Further orders are expected from this customer throughout the course of the current financial year.
The order will be delivered within 21 days and will go on sale in May in the customers network of branches throughout the USA. The new "Designer Vision" branded MP3 players are manufactured exclusively by Designer Vision on behalf of the customer.
Angelo Panayiotou, Chairman and CEO of Designer Vision, said:
"We are delighted to have been selected by this global retailer as their preferred supplier for their MP3 requirements and this is further testament to the ability of Designer Vision to win high value orders from quality retailers. We look forward to building on this new relationship with further product offerings during the course of the year"
Technotamed - 20 Apr 2006 18:01 - 20 of 223
And yet another one...
New Retail Supply Contract
Designer Vision, a leading supplier of portable multimedia systems, announces that it has secured a contract to supply a large mobile phone retailer. The initial order is for "Designer Vision" branded MP3 players. Further orders are expected throughout the course of the current financial year.
The order will be delivered to the mobile phone retailer within 28 days and will go on sale throughout over 100 selected branches in the UK in May. The new "Designer Vision" branded MP3 players are manufactured exclusively by Designer Vision on behalf of this new customer.
Angelo Panayiotou, Chairman and CEO of Designer Vision, said:
"We are delighted to have been selected by a large mobile phone retailer as their preferred supplier for their MP3 requirements and following the order from Toys R Us this is further testament to the ability of Designer Vision to win high value orders from quality retailers. We look forward to building on this new relationship with further product offerings during the course of the year"
New Retail Supply Contract
Designer Vision, a leading supplier of portable multimedia systems, announces that it has secured a contract to supply a large mobile phone retailer. The initial order is for "Designer Vision" branded MP3 players. Further orders are expected throughout the course of the current financial year.
The order will be delivered to the mobile phone retailer within 28 days and will go on sale throughout over 100 selected branches in the UK in May. The new "Designer Vision" branded MP3 players are manufactured exclusively by Designer Vision on behalf of this new customer.
Angelo Panayiotou, Chairman and CEO of Designer Vision, said:
"We are delighted to have been selected by a large mobile phone retailer as their preferred supplier for their MP3 requirements and following the order from Toys R Us this is further testament to the ability of Designer Vision to win high value orders from quality retailers. We look forward to building on this new relationship with further product offerings during the course of the year"
Dil
- 21 Apr 2006 11:43
- 21 of 223
Could be worth a punt.
ravey davy gravy
- 21 Apr 2006 17:25
- 22 of 223
My biggest holding by far and increasing every week whilst the mm's
play around with it at sub 5p bargain prices.
More deals will be announced soon.
play around with it at sub 5p bargain prices.
More deals will be announced soon.
Technotamed - 21 Apr 2006 19:39 - 23 of 223
Chaps at work jumping on board as are a couple of friends, there'll either be thanking me or I could be running for cover. I'm confident this is a very good punt indeed.
Technotamed - 07 May 2006 21:14 - 24 of 223
Must be due another contract RNS soon.
moneyman - 07 May 2006 21:48 - 25 of 223
Sounds like a bloody load of rampers at work here....
Technotamed - 21 Apr 2006 19:39 - 23 of 24
Chaps at work jumping on board as are a couple of friends, there'll either be thanking me or I could be running for cover. I'm confident this is a very good punt indeed.
Technotamed - 21 Apr 2006 19:39 - 23 of 24
Chaps at work jumping on board as are a couple of friends, there'll either be thanking me or I could be running for cover. I'm confident this is a very good punt indeed.
Haystack
- 08 May 2006 03:20
- 26 of 223
A weel ramped stock here and on another BB.
driver
- 09 Jun 2006 09:13
- 27 of 223
Haystack
Well ramped it may be but up 39% up one day after your post can't be bad.
Well ramped it may be but up 39% up one day after your post can't be bad.
Dil
- 09 Jun 2006 09:36
- 28 of 223
he posted on 8th May not yesterday !
driver
- 09 Jun 2006 10:40
- 29 of 223
Dil
Well spotted still not a bad rise in a month. Apologies to Haystacks
Well spotted still not a bad rise in a month. Apologies to Haystacks
Technotamed - 10 Jun 2006 08:59 - 30 of 223
New Debt Facility and Trading Statement
Designer Vision, a leading supplier of portable multimedia systems, announces that it has arranged a convertible loan of up to 1m through a facility provided by the Headstart Funds. The management believes that the facility, which has been provided to fund increased working capital requirements, will be repaid within the 180 days term of the loan from the cash generated from the current level of orders due for delivery over this period.
Trading in the first five months of the current year to 31 May has been significantly ahead of the same period last year. Consequently, we expect our performance for the year to 31 December 2006 to be well ahead of current market forecasts.
Angelo Panayiotou, Chairman and CEO of Designer Vision, said:
We are making rapid progress in securing major orders and in developing new products for our retailing customers, particularly those operating in global markets.
No comments required.
Designer Vision, a leading supplier of portable multimedia systems, announces that it has arranged a convertible loan of up to 1m through a facility provided by the Headstart Funds. The management believes that the facility, which has been provided to fund increased working capital requirements, will be repaid within the 180 days term of the loan from the cash generated from the current level of orders due for delivery over this period.
Trading in the first five months of the current year to 31 May has been significantly ahead of the same period last year. Consequently, we expect our performance for the year to 31 December 2006 to be well ahead of current market forecasts.
Angelo Panayiotou, Chairman and CEO of Designer Vision, said:
We are making rapid progress in securing major orders and in developing new products for our retailing customers, particularly those operating in global markets.
No comments required.
Technotamed - 12 Jun 2006 22:19 - 31 of 223
Topped up today just in case, you never know when they are going to release the big contract(s) news.
Technotamed - 14 Jun 2006 08:14 - 32 of 223
Designer Vision Group plc
(Designer Vision or the Company)
New Contract to supply 100,000 Speaker systems
Designer Vision, a leading supplier of multimedia systems, announces that it has secured a new contract to supply 100,000 Designer Vision branded speaker systems for use with MP3 players to an existing customer. The speaker sets are compatible with all of Designer Visions MP3 players as well as Apples iPod players. The initial order is valued at USD $1,250,000.00 million. The speaker sets will be delivered within the next 60 days.
Angelo Panayiotou, Chairman and CEO of Designer Vision, said:
"We are delighted to have secured this new contract with an existing customer. The ability of Designer Vision to sell additional product lines to existing customers is further testament to the quality of our product range. I look forward to announcing further contract wins in the coming weeks and months.
(Designer Vision or the Company)
New Contract to supply 100,000 Speaker systems
Designer Vision, a leading supplier of multimedia systems, announces that it has secured a new contract to supply 100,000 Designer Vision branded speaker systems for use with MP3 players to an existing customer. The speaker sets are compatible with all of Designer Visions MP3 players as well as Apples iPod players. The initial order is valued at USD $1,250,000.00 million. The speaker sets will be delivered within the next 60 days.
Angelo Panayiotou, Chairman and CEO of Designer Vision, said:
"We are delighted to have secured this new contract with an existing customer. The ability of Designer Vision to sell additional product lines to existing customers is further testament to the quality of our product range. I look forward to announcing further contract wins in the coming weeks and months.
Shearershearer - 14 Jun 2006 23:19 - 33 of 223
Watching this one with interest.......it's just that I have a load of red tying me up !!
Technotamed - 15 Jun 2006 08:01 - 34 of 223
Sold shares with a slight loss to top up, would buy more if and when other shares are in profit.
Shearershearer - 16 Jun 2006 12:12 - 35 of 223
Just couldn't help myself and had to join in..looking forward to " further contract wins in the coming weeks and months.
Technotamed - 18 Jun 2006 20:22 - 36 of 223
Waiting with interest to see if another buying opportunity comes along this week.
Technotamed - 20 Jun 2006 18:42 - 37 of 223
Managed to get more at 4.75p, although some got lucky and bought at 4.5p well done.
Technotamed - 25 Jun 2006 08:58 - 38 of 223
We see 4.5p again, will it drop further this week?
Technotamed - 01 Jul 2006 12:48 - 39 of 223
Week ended on a high although no news. Suspect investors expecting news soon so rather get in now.
Technotamed - 02 Jul 2006 08:59 - 40 of 223
As stated by 'thenaughtyboy' earlier on the ADVFN BB we have a golden cross so hopefully we should see more blue-sky this week.
Haystack
- 02 Jul 2006 17:48
- 41 of 223
This does look somewhat over-valued.
Technotamed - 07 Jul 2006 19:38 - 42 of 223
7 July 2006
Designer Vision Group plc
(Designer Vision or the Company)
Draw-Down of Debt Facility
Further to the announcement on 9 June 2006, Designer Vision, a leading supplier of portable multimedia systems, announces that it has drawn down 400,000 of its 1m convertible loan provided by the Headstart Funds to meet current working capital requirements.
Designer Vision Group plc
(Designer Vision or the Company)
Draw-Down of Debt Facility
Further to the announcement on 9 June 2006, Designer Vision, a leading supplier of portable multimedia systems, announces that it has drawn down 400,000 of its 1m convertible loan provided by the Headstart Funds to meet current working capital requirements.
Technotamed - 07 Jul 2006 20:03 - 43 of 223
A very late RNS after 4pm on a Friday, so news may have been missed by some investors. What will happen Monday?
Haystack
- 07 Jul 2006 23:04
- 44 of 223
Short of money eh?
7 July 2006
LONDON (AFX) - Designer Vision Group PLC, which supplies portable multimedia
systems, said it has drawn down 400,000 stg of its 1 mln stg convertible loan
provided by the Headstart Funds to meet current working capital requirements.
newsdesk@afxnews.com
7 July 2006
LONDON (AFX) - Designer Vision Group PLC, which supplies portable multimedia
systems, said it has drawn down 400,000 stg of its 1 mln stg convertible loan
provided by the Headstart Funds to meet current working capital requirements.
newsdesk@afxnews.com
Shearershearer - 14 Jul 2006 17:59 - 45 of 223
One of the few that is showing "blue"for me at the moment!!a refreshing change from the losses I'm showing on TAG/SEO and the rest of them.Hope the onward and upward continues.
Haystack
- 15 Jul 2006 16:28
- 46 of 223
Has this risen too fast? I know that they have had a number of contract winds, but are the margins there?
Technotamed - 16 Jul 2006 13:02 - 47 of 223
I've made a 40% profit so far on these since end of Feb.
Haystack
- 16 Jul 2006 13:43
- 48 of 223
Another indication that it have risen too fast.
Shearershearer - 16 Jul 2006 17:25 - 49 of 223
I would love this kind of rise on the rest of my portfolio
Technotamed - 18 Jul 2006 18:07 - 50 of 223
Only stock I hold thats not red, gaining fast will soon cancel out all the loses.
Haystack
- 18 Jul 2006 18:13
- 51 of 223
This looks like it is rising too fast as there is no realistic way to value this company at the moment. No financial details of the various deals have been released and it is some time till the next results. What are the margins like?
Shearershearer - 18 Jul 2006 19:14 - 52 of 223
Haystack,are you in on this one?
MightyMicro
- 19 Jul 2006 01:08
- 53 of 223
Shearershearer: (BTW, do you have two sheep or are you an avid Magpie supporter?)
I think Haystack may not be in on this one, I have a hunch he is not a fan of DMR . . . although he might be short ;-)
I think Haystack may not be in on this one, I have a hunch he is not a fan of DMR . . . although he might be short ;-)
chocolat
- 19 Jul 2006 01:15
- 54 of 223
MM - there's only one fan of DMR !!
Shearershearer - 19 Jul 2006 21:27 - 55 of 223
Hey MightyMicro.......Black n White 'til I die!!
Technotamed - 20 Jul 2006 18:52 - 56 of 223
http://www.designervisiongroup.plc.uk/fd/DV_Ann_Report_RTfinalproof.pdf
Technotamed - 21 Jul 2006 17:33 - 57 of 223
Another nice rise today - who dares to take profits and miss out?
Technotamed - 21 Jul 2006 17:39 - 58 of 223
Results due around 14th, into profit at last?
Shearershearer - 21 Jul 2006 20:14 - 59 of 223
Thanks Techno......how much more do you think is there in this one?
Technotamed - 22 Jul 2006 10:25 - 60 of 223
Every ones got a theory on the share price short, medium or long term. The biggest increase was on the other BB of 20p by year end, would be nice. I would like 12p this year some time at least.
Technotamed - 22 Jul 2006 10:28 - 61 of 223
Next interim announcement 29 - Sep - 2006
rocket man - 22 Jul 2006 18:24 - 62 of 223
I have heard Toys R uS have run out of dvd players,should be another big order placed from them soon.
Haystack
- 22 Jul 2006 19:29
- 63 of 223
No. It looks like they are out of stock of another brand, but NOT Designer Vision! In fact it looks a bit expensive compared to the one that is out of stock and the others.
http://www.toysrus.co.uk/Category.aspx/TruHome/TruHomeEntertainment/TruHomeEntertainmentTVDVDVideo/TruHomeEntertainmentPortableDVDPlayers?ref=TruHome%2fTruHomeEntertainment
Out of Stock
http://www.toysrus.co.uk/Product.aspx/TruHome/TruHomeEntertainment/TruHomeEntertainmentTVDVDVideo/TruHomeEntertainmentPortableDVDPlayers/814261
NOT out of stock!
http://www.toysrus.co.uk/Product.aspx/TruHome/TruHomeEntertainment/TruHomeEntertainmentTVDVDVideo/TruHomeEntertainmentPortableDVDPlayers/828319
http://www.toysrus.co.uk/Category.aspx/TruHome/TruHomeEntertainment/TruHomeEntertainmentTVDVDVideo/TruHomeEntertainmentPortableDVDPlayers?ref=TruHome%2fTruHomeEntertainment
Out of Stock
http://www.toysrus.co.uk/Product.aspx/TruHome/TruHomeEntertainment/TruHomeEntertainmentTVDVDVideo/TruHomeEntertainmentPortableDVDPlayers/814261
NOT out of stock!
http://www.toysrus.co.uk/Product.aspx/TruHome/TruHomeEntertainment/TruHomeEntertainmentTVDVDVideo/TruHomeEntertainmentPortableDVDPlayers/828319
Technotamed - 23 Jul 2006 19:41 - 64 of 223
Come on Shares Magazine give DVS some coverage or by the time you recommend it the rest of us would have made 100%+ profit already.
KEAYDIAN
- 24 Jul 2006 08:34
- 65 of 223
Moving on up.
Strawbs
- 24 Jul 2006 10:59
- 66 of 223
Strawbs
- 24 Jul 2006 14:34
- 67 of 223
Just been to the Designer Vision site to do some research. They seem to be displaying a completely different RNS (investor relations page) for the 24th July 2006. Looks rather interesting though. Don't know if it's linked to the contract one..... DYOR.
Strawbs
Strawbs
Strawbs
- 24 Jul 2006 21:11
- 68 of 223
The page I saw has now been pulled. Guess someone put the wrong information up.....Oppps.
Strawbs.
Strawbs.
Strawbs
- 25 Jul 2006 07:55
- 69 of 223
whatuwant
- 25 Jul 2006 08:02
- 70 of 223
This 'll fly way higher by results. Easy money if you want it, just look at all the contracts/agreements in the last while. All for a company which is currently valued at peanuts.
whatuwant
- 25 Jul 2006 08:10
- 71 of 223
Technotamed - 25 Jul 2006 08:14 - 72 of 223
Just bought a load more, selling shares making losses to invest in DVS which is a sure winner.
whatuwant
- 25 Jul 2006 08:34
- 73 of 223
Well according to the statement yesterday we can look forward to a few more contracts etc over the next few weeks/months.
Still an excellent time to be accumulating I think Tech.
Still an excellent time to be accumulating I think Tech.
mcguires2500 - 25 Jul 2006 09:16 - 74 of 223
Heading in the same direction as you, am going to double my load
Shearershearer - 25 Jul 2006 17:26 - 75 of 223
Gone in for more today,watching with interest.
Technotamed - 25 Jul 2006 17:45 - 76 of 223
Picked up some more later in the day on a dip. Just riding the wave.
Treblewide
- 25 Jul 2006 22:57
- 77 of 223
nice chart i think everyone will agree......
whatuwant
- 26 Jul 2006 08:02
- 78 of 223
Indeed.
Technotamed - 26 Jul 2006 18:16 - 79 of 223
Go to the DVS sales - limited offer - sale must end soon.
Haystack
- 26 Jul 2006 18:21
- 80 of 223
Falling eh? It did look over-valued.
Strawbs
- 26 Jul 2006 20:44
- 81 of 223
That will probably be proved in the following weeks and days. The astute investor won't take a position while the price is high. They know it will fall back as people sell into strength, and the market becomes flush with stock.
Based on the information released in RNS's this year, DVS have won $17.25 million worth of deals:
$10 Toys R Us
$1.2 A US Retailer
$1.25 Existing Customer
$4.8 Global Retail Chain.
Assuming around 1.8 dollars to the pound, that's around 9.58 million pounds. Turnover last year was 9.2 million. In 7 months the company has exceeded last years turnover, and of course that's only the larger deals we know about. The Virgin deal for design and supply will be towards the end of the year, no doubt in time for the Christmas sales period. Assuming other retail customers are happy with the goods already shipped, you might expect further large orders in the run up to Christmas.
Is the price over valued?
Ultimately the market will decide. But the companies prospects do seem pretty good on the face of it. If more investors are waiting on the sidelines for a better price, then it'll probably jump strongly at some point in the next week or two. New investors take the place of former holders, and some former holders will buy back as the price takes off again (nobody likes to miss the boat).
Alternatively it'll start drifting down until the next big announcement.
Only time will tell. As always. Just my opinion. Do your own research.
Strawbs.
Based on the information released in RNS's this year, DVS have won $17.25 million worth of deals:
$10 Toys R Us
$1.2 A US Retailer
$1.25 Existing Customer
$4.8 Global Retail Chain.
Assuming around 1.8 dollars to the pound, that's around 9.58 million pounds. Turnover last year was 9.2 million. In 7 months the company has exceeded last years turnover, and of course that's only the larger deals we know about. The Virgin deal for design and supply will be towards the end of the year, no doubt in time for the Christmas sales period. Assuming other retail customers are happy with the goods already shipped, you might expect further large orders in the run up to Christmas.
Is the price over valued?
Ultimately the market will decide. But the companies prospects do seem pretty good on the face of it. If more investors are waiting on the sidelines for a better price, then it'll probably jump strongly at some point in the next week or two. New investors take the place of former holders, and some former holders will buy back as the price takes off again (nobody likes to miss the boat).
Alternatively it'll start drifting down until the next big announcement.
Only time will tell. As always. Just my opinion. Do your own research.
Strawbs.
Haystack
- 26 Jul 2006 20:57
- 82 of 223
What are their margins like. Production companies live by margins and NOT turnover.
Strawbs
- 26 Jul 2006 21:23
- 83 of 223
A good point.
Once the next set of results are out you can guess what the margins are. Every stock is a risk reward play. If you believe the management is reasonably good, and the sales include a sensible margin, that should translate into profits and an improved share price. If you think they're a load of rubbish and just giving away stock to win big orders, then obviously the price will plummit when they get found out. Every stock you buy is a 50/50 gamble. You can only form an opinion based on the information you have available. This is a small stock. If people want safety (as far as safety goes) they should look at a FTSE 100 company, or keep the money in the bank.
As ever. Just my opinion. Do your own research.
Strawbs.
Once the next set of results are out you can guess what the margins are. Every stock is a risk reward play. If you believe the management is reasonably good, and the sales include a sensible margin, that should translate into profits and an improved share price. If you think they're a load of rubbish and just giving away stock to win big orders, then obviously the price will plummit when they get found out. Every stock you buy is a 50/50 gamble. You can only form an opinion based on the information you have available. This is a small stock. If people want safety (as far as safety goes) they should look at a FTSE 100 company, or keep the money in the bank.
As ever. Just my opinion. Do your own research.
Strawbs.
Technotamed - 26 Jul 2006 21:37 - 84 of 223
Although I don't know what the profit is on MP3 players but this is an old statement about Samsungs involvement in MP3 player manufacture from last year:-
South Korea's Samsung has unveiled six new models of MP3 player to help it triple sales this year.
It aims to sell more than five million MP3 players this year, up from 1.7 million units in 2004.
Samsung, a relatively late comer to the MP3 player business, already has eight models in the fast growing and profitable market.
South Korea's Samsung has unveiled six new models of MP3 player to help it triple sales this year.
It aims to sell more than five million MP3 players this year, up from 1.7 million units in 2004.
Samsung, a relatively late comer to the MP3 player business, already has eight models in the fast growing and profitable market.
Technotamed - 27 Jul 2006 12:51 - 85 of 223
Bought again this morning - Almost all my eggs in one basket now. My timing was perfect having bought at the bottom at under 3p end of Feb and topping up on the dips as we go. If only I could get it right more often.
Technotamed - 27 Jul 2006 20:37 - 86 of 223
Designer Vision Launch their new on-line Shop.
KEAYDIAN
- 27 Jul 2006 21:35
- 87 of 223
Blimey, how far is this going to go?
mcguires2500 - 28 Jul 2006 09:30 - 88 of 223
looking for a good 20p as the foundations seem to be solid
Technotamed - 28 Jul 2006 13:25 - 89 of 223
Yes agreed - around 15p - 20p seems about right from what I've read so far, longer term 40p?
Harvey58 - 28 Jul 2006 16:51 - 90 of 223
Certainly 20p by EOY
Buy and tuck away is my advice FWIW
H.
Buy and tuck away is my advice FWIW
H.
Technotamed - 30 Jul 2006 10:21 - 91 of 223
Designer Vision have a new Lifestyle product called the DVX-POD coming soon and looks the business.
Technotamed - 30 Jul 2006 10:24 - 92 of 223
My exit stragegy for DVS is a Stop-Loss 20% below current price and move it up on major moves. Hopefully I don't sell too soon that way.
Technotamed - 31 Jul 2006 16:56 - 93 of 223
Very slow today, would expect a drop tomorrow if there is no news. Although if it drops people waiting in the wings to get on at under 8p again.
Technotamed - 02 Aug 2006 18:41 - 94 of 223
Support level hopefully 7.5p, it's a gamble being out when news could be announced anytime.
Haystack
- 03 Aug 2006 17:40
- 95 of 223
Looks like it may be on the way down for a while. It was a bit of a steep rise without any indication of what profit they might make from recent deals.
whatuwant
- 04 Aug 2006 09:38
- 96 of 223
Start of the next leg up.
whatuwant
- 04 Aug 2006 10:04
- 97 of 223
Another tick up. Punters will be scrambling to get in soon.
Technotamed - 08 Aug 2006 12:42 - 98 of 223
Off we go again, slow start to the week but some movement again at last.
Technotamed - 09 Aug 2006 07:45 - 99 of 223
9 August 2006
Designer Vision Group PLC
("Designer Vision" or the "Company")
Ex-Investment Banker Joins Designer Vision
Designer Vision Group PLC, a leading supplier of multimedia systems to the
retail and automotive industries, is pleased to announce the appointment of
Zafarullah (Zafar) Karim as a non-executive director with immediate effect.
After leaving Cambridge University, Zafar joined Saloman Brothers and
subsequently was assistant Director with NM Rothschild until 2002. He has over
a decade of experience in mergers and acquisitions and raising capital.
Angelo Panayiotou, Chairman and CEO of Designer Vision commented
"We are delighted to have Zafar join and strengthen the Board of Designer
Vision. His extensive International investment banking experience will be very
valuable in the ongoing strategic development of the business."
Designer Vision Group PLC
("Designer Vision" or the "Company")
Ex-Investment Banker Joins Designer Vision
Designer Vision Group PLC, a leading supplier of multimedia systems to the
retail and automotive industries, is pleased to announce the appointment of
Zafarullah (Zafar) Karim as a non-executive director with immediate effect.
After leaving Cambridge University, Zafar joined Saloman Brothers and
subsequently was assistant Director with NM Rothschild until 2002. He has over
a decade of experience in mergers and acquisitions and raising capital.
Angelo Panayiotou, Chairman and CEO of Designer Vision commented
"We are delighted to have Zafar join and strengthen the Board of Designer
Vision. His extensive International investment banking experience will be very
valuable in the ongoing strategic development of the business."
whatuwant
- 09 Aug 2006 07:52
- 100 of 223
Bodes well.
HARRYCAT
- 09 Aug 2006 22:26
- 101 of 223
Can anyone out there advise me, as a potential investor in DVS, what the potential is here for capital growth? DVS turned over 2.5m in 2004 but showed a 331k loss. In 2005 they turned over 9.2m but still showed a 370k loss. I am guessing that the attraction here is what may happen with the new contracts and a rise in the share price to match. But is it just hope or am I missing something more fundamental?
Technotamed - 10 Aug 2006 07:56 - 102 of 223
The deals they have won where we have a value come to around 17 million dollars plus the numerus other deals we don't have a value. We expect them to announce they are into profit, gross profit is maybe 5 - 12%.
whatuwant
- 10 Aug 2006 07:58
- 103 of 223
I take it on good authority that some people have spoken to the FD.
One of the points mentioned by the FD is that Margins are improving.
Furthermore the company said that it will be profitable during this year.
Gotta love the amounts of contracts won.....with more on the way ( see RNS's ).
One of the points mentioned by the FD is that Margins are improving.
Furthermore the company said that it will be profitable during this year.
Gotta love the amounts of contracts won.....with more on the way ( see RNS's ).
HARRYCAT
- 11 Aug 2006 09:54
- 104 of 223
Cheers for the upbeat comments.
One other question: The new guy on the board has been employed & I quote:
"After leaving Cambridge University, Zafar joined Saloman Brothers and
subsequently was assistant Director with NM Rothschild until 2002. He has over
a decade of experience in mergers and acquisitions and raising capital."
Presumably this might mean another share issue or similar if DVS is a bit strapped for cash?
I now have a stake in DVS, so these are meant to be constructive questions!
One other question: The new guy on the board has been employed & I quote:
"After leaving Cambridge University, Zafar joined Saloman Brothers and
subsequently was assistant Director with NM Rothschild until 2002. He has over
a decade of experience in mergers and acquisitions and raising capital."
Presumably this might mean another share issue or similar if DVS is a bit strapped for cash?
I now have a stake in DVS, so these are meant to be constructive questions!
Strawbs
- 11 Aug 2006 10:25
- 105 of 223
The chairmans statement in the annual report said they were "looking to make further acquisitions in 2006 to complement our existing business". So maybe they are looking to use the "mergers and acquisitions" skils. Although I would've thought any reasonably sized acquisition would require some raising of capital too.
As ever......In my opinion, do your own research, etc.
Strawbs.
As ever......In my opinion, do your own research, etc.
Strawbs.
Technotamed - 12 Aug 2006 08:36 - 106 of 223
Welcome aboard Harrycat, enjoy the ride.
HARRYCAT
- 15 Aug 2006 22:09
- 107 of 223
Thanks Techno.
No complaints so far!
No complaints so far!
whatuwant
- 15 Aug 2006 22:39
- 108 of 223
More to come.....
Technotamed - 01 Sep 2006 15:11 - 109 of 223
RNS Number:2960I
Designer Vision Group PLC
31 August 2006
31 August 2006
Designer Vision Group PLC
NOTICE OF RESULTS
Further to our announcement earlier today, please note that Designer Vision
Group PLC, will be announcing half year results for the period to 30 June 2006,
on Friday 8 September 2006, and not as previously stated.
Designer Vision Group PLC
31 August 2006
31 August 2006
Designer Vision Group PLC
NOTICE OF RESULTS
Further to our announcement earlier today, please note that Designer Vision
Group PLC, will be announcing half year results for the period to 30 June 2006,
on Friday 8 September 2006, and not as previously stated.
someuwin
- 03 Sep 2006 09:19
- 110 of 223
Should see some significant buying in the run up to results on Friday!
Strawbs
- 04 Sep 2006 17:03
- 111 of 223
I suspect the price will remain range bound between 7 and 8 until Friday. A number of larger investors will no doubt top-slice ahead of the results to lock in profits, and will take advantage of any strength in the share price.
At present we have a positive outlook, large orders (and so higher turnover) and a number of new contract wins (Virgin etc.). The results need to confirm a) sensible margins, leading to b) an interim profit, and c) continued strength in the order book moving forward.
The chart appears ready for a break upwards if the results are good, but of course could equally break down if things go badly.
Friday will confirm if this is truely a good recovery play or not.
As ever, just my opinion. Do your own research. etc.
Strawbs.
At present we have a positive outlook, large orders (and so higher turnover) and a number of new contract wins (Virgin etc.). The results need to confirm a) sensible margins, leading to b) an interim profit, and c) continued strength in the order book moving forward.
The chart appears ready for a break upwards if the results are good, but of course could equally break down if things go badly.
Friday will confirm if this is truely a good recovery play or not.
As ever, just my opinion. Do your own research. etc.
Strawbs.
Haystack
- 07 Sep 2006 16:07
- 112 of 223
Recent contract wins should make no impact on the results out tomorrow as they are too late to contribute. It should be losses once again. The real question is the size of the margins on the contracts. If they are too low then it looks like losses for some time yet to come. I am sure there will be some bullish comments in the results statement, but I expect a sharp fall in the share price following the results. The next set of results after tomorrow should tell the real story.
Strawbs
- 07 Sep 2006 16:46
- 113 of 223
The orders in April were for delivery within 60 days and 28 days respectively, at which point they would be invoiced and therefore must appear in the results. They may not receive payment within the period, and if that's the case they will appear as a debtor. Anything after April is unlikely to appear until the year end. I would agree that margins and the full year results will tell the full story.
As ever, just my opinion. Do your own research. etc.
Strawbs.
As ever, just my opinion. Do your own research. etc.
Strawbs.
Strawbs
- 08 Sep 2006 07:11
- 114 of 223
RNS: Interim Results
Highlights:
Financial Highlights
Turnover up 90% to 5.9m (2005, 3.1m)
Gross margin of 17% (2005, 16%)
Maiden operating profit of 294,000 (2005, loss 170,000)
Maiden net profit of 190,000 (2005, loss 193,000)
Commercial Highlights
$10m contract win in the United States
Major contracts wins with Carphone Warehouse and Virgin Digital
New contracts announced to supply Land Rover, Nissan, Renault and Volvo
Exclusive partnership agreement entered into with Virgin Digital to
design, develop and supply digital music and video players
Looks like I got everything I asked for.... :-)
Do your own research. etc. etc.
Strawbs
Highlights:
Financial Highlights
Turnover up 90% to 5.9m (2005, 3.1m)
Gross margin of 17% (2005, 16%)
Maiden operating profit of 294,000 (2005, loss 170,000)
Maiden net profit of 190,000 (2005, loss 193,000)
Commercial Highlights
$10m contract win in the United States
Major contracts wins with Carphone Warehouse and Virgin Digital
New contracts announced to supply Land Rover, Nissan, Renault and Volvo
Exclusive partnership agreement entered into with Virgin Digital to
design, develop and supply digital music and video players
Looks like I got everything I asked for.... :-)
Do your own research. etc. etc.
Strawbs
Technotamed - 08 Sep 2006 08:22 - 115 of 223
Very happy, worth waiting for onwards and upwards.
Strawbs
- 08 Sep 2006 09:23
- 116 of 223
Likewise Technotamed. I think this nicely lays the foundation for a break out in the coming weeks. The order book is "very strong" and "with the onset of the Christmas period we expect an increase in existing business as well as further significant contract wins", all of which should support a stronger share price going forward.
In my opinion anyway.....
Strawbs.
In my opinion anyway.....
Strawbs.
Technotamed - 08 Sep 2006 12:23 - 117 of 223
Looks like the news is factered into the price so good news to support the current 8p. Further contracts and news will then move the price further in the right direction and with Christmas round the corner a nice position to be in.
Strawbs
- 08 Sep 2006 12:54
- 118 of 223
I suspect it was partly factored in, although you often see drops or very little movement when things go according to plan. The rise normally starts several weeks later as investors slowly build up stakes. With further good news in the pipeline, the price should respond before too long. I imagine the Land Rover product launch will be the catalyst short term.
In my opinion.....
Strawbs.
In my opinion.....
Strawbs.
Still Waiting - 08 Sep 2006 21:00 - 119 of 223
Still a lot of hot money that went into this expecting fireworks on results will come out as they chase the next sure thing...
mm's will mark down in days to come as they buy the stock back.
mm's will mark down in days to come as they buy the stock back.
Strawbs
- 09 Sep 2006 21:00
- 120 of 223
Possibly. Although it's been range bound for the last 7 weeks, which seems a long time to tie up "hot money". I would've thought that most of the "hot money" arrived after the results date was announced, hoping for fireworks on Friday. Most traders don't want to tie up capital for more than a few weeks. In my opinion anyway.....
Strawbs.
Strawbs.
Technotamed - 19 Sep 2006 08:06 - 121 of 223
19 September 2006
Designer Vision Group plc
("Designer Vision" or the "Company")
New US$5.6m Contract to supply MP3 Players
Designer Vision, a leading supplier of portable multimedia systems, announces
that it has secured a contract with an existing customer to supply Designer
Vision branded MP3 players with a mix of memory capacity and the initial order
is valued at US$5.6 million. The MP3 Players will be delivered before the key
Christmas trading period and will compatible with all digital download music
services.
Designer Vision has developed devices that use Microsoft's Digital Rights
Management (DRM) software to allow legal downloads to be transferred from
personal computers to MP3 and MPEG4 players. Designer Vision players also use
both Sigmatel and Samsung microchips to ensure reliability and performance
quality.
The launch of further new players is planned for later this year to supply major
retailers in the UK, Europe and the USA.
Angelo Panayiotou, Chairman and CEO of Designer Vision said:
"The download market is growing rapidly and Designer Vision's players are easy
to use and offer consumers exceptional value compared to competitor player
products.
"This is our most significant MP3 order to date and we are very proud to be
supplying one of the world's best known and respected retailers, we expect to
announce further orders soon."
Designer Vision Group plc
("Designer Vision" or the "Company")
New US$5.6m Contract to supply MP3 Players
Designer Vision, a leading supplier of portable multimedia systems, announces
that it has secured a contract with an existing customer to supply Designer
Vision branded MP3 players with a mix of memory capacity and the initial order
is valued at US$5.6 million. The MP3 Players will be delivered before the key
Christmas trading period and will compatible with all digital download music
services.
Designer Vision has developed devices that use Microsoft's Digital Rights
Management (DRM) software to allow legal downloads to be transferred from
personal computers to MP3 and MPEG4 players. Designer Vision players also use
both Sigmatel and Samsung microchips to ensure reliability and performance
quality.
The launch of further new players is planned for later this year to supply major
retailers in the UK, Europe and the USA.
Angelo Panayiotou, Chairman and CEO of Designer Vision said:
"The download market is growing rapidly and Designer Vision's players are easy
to use and offer consumers exceptional value compared to competitor player
products.
"This is our most significant MP3 order to date and we are very proud to be
supplying one of the world's best known and respected retailers, we expect to
announce further orders soon."
Technotamed - 19 Sep 2006 08:09 - 122 of 223
DVS gets noticed in the Daily Mail today.
Technotamed - 21 Sep 2006 12:17 - 123 of 223
21 September 2006
Designer Vision Group plc
("Designer Vision" or the "Company")
Loan Facility, Conversion to Equity and Placing
Designer Vision, a leading supplier of portable multi media systems, announces
that it has drawn down the £600,000 balance of its £1m loan facility in order
to finance recently announced orders.
Headstart Funds ("Headstart") has today issued a conversion notice in respect
of the £400,000 convertible redeemable loan notes issued to them in respect of
the £400,000 drawdown by the Company on 13 June 2006. In the conversion notice
Headstart has directed that the 7,272,728 shares issued pursuant to that notice
(the "Conversion Shares") be issued and placed with investors at 5.5p per share
(who will subscribe a total of £400,000 for the Conversion Shares).
Application has been made to The London Stock Exchange for the Conversion
Shares, which will rank pari passu with the existing shares in issue, to be
admitted to AIM, and admission is expected to become effective on
26 September 2006.
Designer Vision Group plc
("Designer Vision" or the "Company")
Loan Facility, Conversion to Equity and Placing
Designer Vision, a leading supplier of portable multi media systems, announces
that it has drawn down the £600,000 balance of its £1m loan facility in order
to finance recently announced orders.
Headstart Funds ("Headstart") has today issued a conversion notice in respect
of the £400,000 convertible redeemable loan notes issued to them in respect of
the £400,000 drawdown by the Company on 13 June 2006. In the conversion notice
Headstart has directed that the 7,272,728 shares issued pursuant to that notice
(the "Conversion Shares") be issued and placed with investors at 5.5p per share
(who will subscribe a total of £400,000 for the Conversion Shares).
Application has been made to The London Stock Exchange for the Conversion
Shares, which will rank pari passu with the existing shares in issue, to be
admitted to AIM, and admission is expected to become effective on
26 September 2006.
Haystack
- 21 Sep 2006 22:03
- 124 of 223
More dilution.
Technotamed - 22 Sep 2006 18:44 - 125 of 223
Big contracts need big money to fund them, as they are not cash rich they either had to borrow money (pay interest on that), issue more shares or do both. Long term story hasn't changed I'm happy to hold for 2 years.
Technotamed - 26 Sep 2006 17:32 - 126 of 223
26 September 2006
Designer Vision Group plc
New US$4m contract to supply DVD and MP3 Players
Designer Vision, a leading supplier of portable multimedia systems, announces
that it has secured a further contract with a major retail customer in the USA
to supply Designer Vision branded DVD and MP3 players. The order is valued at
US$4million. The order will be delivered before the key Christmas trading
period.
Designer Vision Group plc
New US$4m contract to supply DVD and MP3 Players
Designer Vision, a leading supplier of portable multimedia systems, announces
that it has secured a further contract with a major retail customer in the USA
to supply Designer Vision branded DVD and MP3 players. The order is valued at
US$4million. The order will be delivered before the key Christmas trading
period.
Technotamed - 27 Sep 2006 18:08 - 127 of 223
Looks to me like the days traders / short term investors are playing with this stock. This will all change when the year end figures are out next year in March.
HARRYCAT
- 27 Sep 2006 21:44
- 128 of 223
Hopefully you are right.
If I am not mistaken, 2006 is the first year (interim) in which DVS has shown a profit, so hopefully the year end figures will show the same.
If I am not mistaken, 2006 is the first year (interim) in which DVS has shown a profit, so hopefully the year end figures will show the same.
Technotamed - 02 Oct 2006 18:51 - 129 of 223
Doesn't it make you wish you had sold at 8p. Athough I read in the Shares Mag some time ago that statistically people who jump in and out of shares make less profit than those who sit tight. Therefore your timing is more wrong than right.
Frampton - 03 Oct 2006 12:33 - 130 of 223
Hindsight is a wonderful thing Techno, however if you bought for the longterm, the price now shouldn't concern you too much. Next year it will be history, I think we are onto a winner here. I wouldn't mind if the price stayed quiet till December when I can buy a load more, but if it has shot up by then I won't be complaining either as I already hold a fair few - a win win situation!
Technotamed - 03 Oct 2006 18:21 - 131 of 223
Thats been my plan since I first invested end of February and hold for 2 years to get the full AIM tax relief as well.
Frampton - 04 Oct 2006 09:17 - 132 of 223
Agreed Techno. I also first bought in February, but have unfortunately added at much higher prices, so am currently sitting on a loss. I'm not concerned, in terms that in a years time (much sooner hopefully), I will be sitting on a nice profit, but I am annoyed at the timing of my purchases - if I were buying now I would hold alot more.
Technotamed - 04 Oct 2006 18:02 - 133 of 223
I'm in the same boat Frampton, I bought in very early and bought more as the story unfolded but bought at much higher levels then at present so looking at a small lose at present.
Shearershearer - 04 Oct 2006 21:09 - 134 of 223
Same here.....but feel very confident for the future,tempted to dip in again!
HARRYCAT
- 04 Oct 2006 21:57
- 135 of 223
I bought at 8.25p, so a notional loss here also.
I do feel that the order book is a little bit hand to mouth. A large, steady long trem contract to supply would, imo, be better for the company and the sp.
The U.S. order needs to be completed by this Xmas & the European contract has to be completed within 90 days which is not looking very far in to the future.
The Virgin contract is hopefully going to be the money spinner, but I feel that DVS need to have a few more irons in the fire.
I do feel that the order book is a little bit hand to mouth. A large, steady long trem contract to supply would, imo, be better for the company and the sp.
The U.S. order needs to be completed by this Xmas & the European contract has to be completed within 90 days which is not looking very far in to the future.
The Virgin contract is hopefully going to be the money spinner, but I feel that DVS need to have a few more irons in the fire.
Frampton - 13 Oct 2006 16:47 - 136 of 223
Ouch! Not looking so good now. Is there something in the closet we don't know about?
Haystack
- 13 Oct 2006 16:54
- 137 of 223
Getting closer to my short term target of 3p and closer to my longer term one of 2p.
Technotamed - 13 Oct 2006 18:11 - 138 of 223
Maybe investors selling as there is little action here compared to say Stanelco.
Technotamed - 13 Oct 2006 18:17 - 139 of 223
Here is a post from the other BB.
reply email from Angelo Panayiotou this afternoon:
Hi John,
Thank you for your email.
I cannot explain the current share price particularly after all the good news that has been released relating to big contract wins and high value orders, as the Chairman of the company I will be doing presentations to City institutions very soon in order to gain institutional support for the company which will hopefully rectify the current low share price in Designer Vision Group PLC.
As for whether or not you should buy stock in DV this has to be your own decision, I couldnt possibly comment either way, from my side the company is on a very secure footing with a strong order book and is outperforming all forecasts that are in the public arena.
I hope this helps.
Kind regards,
Angelo Panayiotou
Chairman & CEO
Designer Vision Group PLC
Tel. + 44 (0) 208 200 1515
www.designervision.co.uk
reply email from Angelo Panayiotou this afternoon:
Hi John,
Thank you for your email.
I cannot explain the current share price particularly after all the good news that has been released relating to big contract wins and high value orders, as the Chairman of the company I will be doing presentations to City institutions very soon in order to gain institutional support for the company which will hopefully rectify the current low share price in Designer Vision Group PLC.
As for whether or not you should buy stock in DV this has to be your own decision, I couldnt possibly comment either way, from my side the company is on a very secure footing with a strong order book and is outperforming all forecasts that are in the public arena.
I hope this helps.
Kind regards,
Angelo Panayiotou
Chairman & CEO
Designer Vision Group PLC
Tel. + 44 (0) 208 200 1515
www.designervision.co.uk
Technotamed - 17 Oct 2006 18:06 - 140 of 223
From the look at the chart we should be at the bottom looking for a move back up again. If the current trend continues will won't see 8p again until December unless we get some fantastic news.
Technotamed - 20 Oct 2006 14:01 - 141 of 223
Took a couple of days but here is our move upwards.
Frampton - 20 Oct 2006 14:20 - 142 of 223
Nearly bought a few more on the drop this morning, shame.
Frampton - 27 Oct 2006 18:05 - 143 of 223
It's good to see this going in the right direction again. I'm glad I bought a few more this morning and yesterday, pity I didn't have the nerve to get them when it was below 5p...
Technotamed - 27 Oct 2006 21:07 - 144 of 223
What I like is that the price is still following the trend.
Technotamed - 20 Nov 2006 14:11 - 145 of 223
20 November 2006
DESIGNER VISION GROUP PLC
("Designer Vision" or the "Company")
PLACING
Designer Vision is pleased to announce that it has placed 10,500,000 new
ordinary shares of 1p each at a placing price of 5 pence per share raising
525,000 before expenses.
Application has been made to The London Stock Exchange for the Placing Shares
which will rank pari passu with the existing shares in issue, to be admitted to
AIM, and admission is expected to become effective on 24 November 2006.
The Company is raising these funds to provide additional working capital ahead
of the anticipated order flow for current year. In addition, the Company has
signed a number of new global OEM contracts details of which will be released in
due course. The management believes that the order book from these new contracts
will be increased by 5 million over the next 12 months.
Angelo Panayiotou, Chief Executive, commented:
"This placing demonstrates the enthusiasm of investors as we continue to win
significant orders both in our retail and OEM divisions.
"The company continues to go from strength to strength and I look forward to
announcing further details of these significant new orders in the near future."
DESIGNER VISION GROUP PLC
("Designer Vision" or the "Company")
PLACING
Designer Vision is pleased to announce that it has placed 10,500,000 new
ordinary shares of 1p each at a placing price of 5 pence per share raising
525,000 before expenses.
Application has been made to The London Stock Exchange for the Placing Shares
which will rank pari passu with the existing shares in issue, to be admitted to
AIM, and admission is expected to become effective on 24 November 2006.
The Company is raising these funds to provide additional working capital ahead
of the anticipated order flow for current year. In addition, the Company has
signed a number of new global OEM contracts details of which will be released in
due course. The management believes that the order book from these new contracts
will be increased by 5 million over the next 12 months.
Angelo Panayiotou, Chief Executive, commented:
"This placing demonstrates the enthusiasm of investors as we continue to win
significant orders both in our retail and OEM divisions.
"The company continues to go from strength to strength and I look forward to
announcing further details of these significant new orders in the near future."
Haystack
- 20 Nov 2006 14:22
- 146 of 223
Not done much for the SP. It is down 4.26% on the day and more than 30% down from its high.
Considering the large number of contracts they have had recently many of which should have been fullfilled by now and generated profits (?), tney have quite an appetite for cash.
Considering the large number of contracts they have had recently many of which should have been fullfilled by now and generated profits (?), tney have quite an appetite for cash.
EWRobson
- 22 Nov 2006 14:20
- 147 of 223
Had opportunity to take part in placing of DVS on Monday; didn't have the free cash but decided to take a look. Positives appear to be position in growth markets, bullish Chairman report, low pe, significant increase projected in order book, just moved into profits. Concerns appear to be the need for additional fund-raising and perhaps the cut-throat nature of the market (i.e. away from the in-car entertainment base). I wonder why the price fell on the interims; perhaps bigger turnover jump expected but they did move into profits. Would appreciate any insights.
Eric
Eric
Treblewide
- 22 Nov 2006 14:45
- 148 of 223
EW...would be interested to know how the opportunity to take some of the pacing came about...was it a private placing? i am ana holder and did not get the chance to participate
EWRobson
- 22 Nov 2006 20:29
- 149 of 223
Treblewide. Don't see any reason for secrecy as it is could be in NOMAD's interest. Hoodless Brennan act as NOMAD for DVS and clearly offered the placing to people on their client list. Terms not particularly beneficial but no commission charges and 10 days to pay. I have made money through them in past and they do come up with some interesting offerings. Having not been in a position to respons on this occasion I could well buy in the market but looking for a better perspective on the company first. My reading is that they do have a very strong position in the in-car market but that is limited in size in this country although they are making in-roads in the US. The hand held market seems much more cut throat and I wonder if they have any USPs.
Eric
Eric
Technotamed - 23 Nov 2006 07:43 - 150 of 223
Rumours of Asda and Tesco contract wins for Designer Vision
Haystack
- 23 Nov 2006 10:33
- 151 of 223
The mainstay of any well ramped stock - unfounded easily spread rumours.
someuwin
- 23 Nov 2006 19:21
- 152 of 223
Wal-mart rather than Asda!
Daily Express 23/11/06
Portable multimedia systems supplier Designer Vision eased 0.13p to 5.62p despite rumours of contract wins with Tesco and Asda owner Wal-mart
Daily Express 23/11/06
Portable multimedia systems supplier Designer Vision eased 0.13p to 5.62p despite rumours of contract wins with Tesco and Asda owner Wal-mart
Technotamed - 23 Nov 2006 21:34 - 153 of 223
Most holders like myself are holding long term and so not looking for short term ramp gains but solid gains from a company performing well, with big orders making profits. So any news of contracts will get us true holders excited looking for our belief in the company to come good.
EWRobson
- 23 Nov 2006 21:43
- 154 of 223
Techie
What would you say were the main strengths of this company that give you the confidence; their USPs. Design? Analysis of market needs? Commercial awareness? Marketing? Speed of action? Some or all of these?
What then are the main risks to them achieving the goals set? Competition? Dog eats dog? Mistaken judgements? Financial control?
Eric
What would you say were the main strengths of this company that give you the confidence; their USPs. Design? Analysis of market needs? Commercial awareness? Marketing? Speed of action? Some or all of these?
What then are the main risks to them achieving the goals set? Competition? Dog eats dog? Mistaken judgements? Financial control?
Eric
Technotamed - 24 Nov 2006 08:07 - 155 of 223
Hi EWRobson, nothing to add to your statements has you summed it up well there. I've been in these since end of Feb and topped up on the way just patiently waiting and hoping to hold for 2 years.
EWRobson
- 24 Nov 2006 13:53
- 156 of 223
Techie. That's fine. Appears to be a significant upside potential. Also an element of risk so that any holding needs watching. Awaiting funds but aim to take an exploratory stake shortly. My experience is that you need to hold some shares to give motivation to really get to know a company as I feel I know ASOS, Alizyme, Dowgate and, bless their cotton socks, SEO.
Eric
Eric
Haystack
- 24 Nov 2006 14:34
- 157 of 223
It is becoming a cut throat marfket. ALDI are offering portable DVD players reduced from 79.99 to 59.99. The Far East producers can undercut UK makers every time. DVS's margins must be very tight. I wonder if they make much profit at all on some of their deals. MP3 players are sold for just a few pounds now.
mp3 at 9.99
http://www.7dayshop.com/catalog/product_info.php?manufacturers_id=&products_id=100694
http://uk.aldi.com/sunday_special_buys/productnl_482.html
mp3 at 9.99
http://www.7dayshop.com/catalog/product_info.php?manufacturers_id=&products_id=100694
http://uk.aldi.com/sunday_special_buys/productnl_482.html
EWRobson
- 24 Nov 2006 14:47
- 158 of 223
Haystack: earlier comment that they don't make themselves so obviously source from the Far East. So at the time they set up a deal they will price the product to make a decent margin themselves and allow a decent margin for Viorgin et al. That's not to say that they are under-priced, presumably by internet sales. Whilst the internet share of the market is growing in a lot of areas there is still a decent high street market. But this does mean that product life might not be that long. Technology is changing all the time so I assume that DVSs strength is that they are fleet of foot in bringing new products to the market. Not one to stache away but reasonable to take a short-term view.
Eric
Eric
Frampton - 24 Nov 2006 14:58 - 159 of 223
EWRobson, I think you're wrong - there probably are gains to be had in the short term, but I also think they are worth stashing away, and will be a much healthier price in a year or mores time. Certainly worth hanging on to till the results in spring.
I agree they are risky and need watching.
I agree they are risky and need watching.
Haystack
- 24 Nov 2006 14:59
- 160 of 223
That means they are a middleman and will get their margins cut further. Many major retailers source directly from the manufacturers helping their margins. In fact if they don't make the kit they are superfluous to the supply chain as DVD players, mp3 players are comodity items these days. Companies needing to source these items can deal direct with the Far East.
Technotamed - 24 Nov 2006 16:48 - 161 of 223
As far as I am aware DVS design their own products but sub out the production to the Far East. If this is true then they are not just a middleman.
Haystack
- 24 Nov 2006 16:53
- 162 of 223
Effectively a middleman as the most of the Far East companies do both design and production. They need only one set of profits. Design in UK and production in Far East means two sets of profits needed before it hits the retailers.
EWRobson
- 27 Nov 2006 20:02
- 163 of 223
Haystack. Its an important issue. There was an interesting argument the other day by Anatole Kolesky in the Times comapring the Japanese and British economies. Japan remains primarily a producer. Britain doesn't have much production capacity left but that is the reason why we are doing comparatively well. Its the 'platform' company which is scoring; fleeter of foot because the time to the market is that much wuicker and they have so much less risk. So DVS are bang within this field; their USP is their design capability and presumably they are fleet of foot. Virgin, for instance, would prefer to deal with a UK company and may even have input into the design requirements. The Far East companies will generally accept their role as they can optimise their production faciloities without needing the design nous or consumer marketing in each market.
Eric
Eric
Technotamed - 01 Dec 2006 08:02 - 164 of 223
1 December 2006
Designer Vision Group PLC
New OEM contract
Further to our announcement on 20 November, Designer Vision Group PLC is
pleased to announce that it has been awarded the contract to supply a new
rear-seat entertainment system for a Global vehicle within Ford Motor Company's
Premier Automotive Group.
We look forward to announcing further details during 2007.
Commenting on the success of winning this latest automotive contract,
Angelo Panayiotou, Chairman of Designer Vision Group PLC, said:
"We are delighted to win yet another rear seat entertainment programme for a
major car manufacturer. As we stated in our announcement last week, this is
one of a number of contract wins in our OEM division and I look forward to
announcing the others in due course. We have consistently demonstrated our
ability to win such high profile programs, by supplying high quality products,
demonstrating that our expertise in this area is second to none."
Nice to here about another contract in their other area of business, 2 strings to their bow.
Designer Vision Group PLC
New OEM contract
Further to our announcement on 20 November, Designer Vision Group PLC is
pleased to announce that it has been awarded the contract to supply a new
rear-seat entertainment system for a Global vehicle within Ford Motor Company's
Premier Automotive Group.
We look forward to announcing further details during 2007.
Commenting on the success of winning this latest automotive contract,
Angelo Panayiotou, Chairman of Designer Vision Group PLC, said:
"We are delighted to win yet another rear seat entertainment programme for a
major car manufacturer. As we stated in our announcement last week, this is
one of a number of contract wins in our OEM division and I look forward to
announcing the others in due course. We have consistently demonstrated our
ability to win such high profile programs, by supplying high quality products,
demonstrating that our expertise in this area is second to none."
Nice to here about another contract in their other area of business, 2 strings to their bow.
moneyman - 01 Dec 2006 11:20 - 165 of 223
Should move higher with the US open I reckon.
moneyman - 28 Dec 2006 13:16 - 166 of 223
Well from a very oversold position and having tested a double bottom it looks ready to rise from here.
Shearershearer - 28 Dec 2006 15:41 - 167 of 223
It would be nice to see some steady rises,nothing too steep to give the share creedance as a long term hold
moneyman - 29 Dec 2006 16:29 - 168 of 223
Well price moved higher today,online that is,and L2 also strengthened.All buys today which hopefully will start DVS off on the right foot for 07.Poster on AFN has said that he anticipates a trading update and contract wins to be announced in Jan so here is hoping that his information is correct.
Happy New Year
Happy New Year
moneyman - 30 Dec 2006 21:31 - 169 of 223
Some nice, well priced products to be had
http://www.designervisionretail.com/user/product.php?id=52&cate=MP3%20Players
http://www.designervisionretail.com/user/product.php?id=52&cate=MP3%20Players
moneyman - 07 Jan 2007 23:09 - 170 of 223
Got hit Friday but on low volume. I expect this to turn very shortly as it has done before.
Shearershearer - 19 Jan 2007 18:24 - 171 of 223
Seems to be very quiet at the moment....need something to get them pushing forward again.
mg
- 25 Jan 2007 07:57
- 172 of 223
Oh dear - jam not forthcoming tomorrow
Designer Vision sees FY pretax loss of up to 1.5 mln stg as large order lost
AFX
LONDON (AFX) - Designer Vision Group PLC said it expects full-year pretax losses of up to 1.5 mln stg after a global retail customer withdrew a large order ahead of the Christmas and New Year trading period, severely impacting its retail division.
The entertainment systems supplier said it intends to end retail operations for portable multimedia systems and has therefore closed its retail offices in Chertsey and implemented further cost cutting measures.
However, Designer Vision said its automotive division entered 2007 with its largest order book to date as it continued to increase its business with major global motor manufacturers and that it expects 'significant' new contracts in the near future.
The company said it will now focus most of its resources on this business, which will now trade as a separate unit called Designer Vision Automotive. Management added that it has sufficient working capital for the foreseeable future to fund its existing automotive business.
Designer Vision will announce its full year results on April 30.
Designer Vision sees FY pretax loss of up to 1.5 mln stg as large order lost
AFX
LONDON (AFX) - Designer Vision Group PLC said it expects full-year pretax losses of up to 1.5 mln stg after a global retail customer withdrew a large order ahead of the Christmas and New Year trading period, severely impacting its retail division.
The entertainment systems supplier said it intends to end retail operations for portable multimedia systems and has therefore closed its retail offices in Chertsey and implemented further cost cutting measures.
However, Designer Vision said its automotive division entered 2007 with its largest order book to date as it continued to increase its business with major global motor manufacturers and that it expects 'significant' new contracts in the near future.
The company said it will now focus most of its resources on this business, which will now trade as a separate unit called Designer Vision Automotive. Management added that it has sufficient working capital for the foreseeable future to fund its existing automotive business.
Designer Vision will announce its full year results on April 30.
Frampton - 25 Jan 2007 08:33 - 173 of 223
Ouch! Shafted again.
Haystack
- 25 Jan 2007 13:37
- 174 of 223
It is clearly not just the loss of an order that has caused this. The company would have to be very unstable financially for one order to have this impact. My guess is that the previous deals were not that profitable anyway as a missing order would still have left profits from previous deals.
It also looks like they do not have the volume of ongoing orders that would have filled the gap. This look very dire for the future, that is if they have one.
Why did it take so long to report this as the comment was "customer withdrew a large order ahead of the Christmas and New Year trading period". This must have been quite a time before Xmas due to manufacturing lead time, at least early November. They haven't found sufficient new business in about three months and we are now in the quiet period for consumer electronics.
This all looks like the precursor to more serious problems. The reporting of the 1.5m hole may be a softening up exercise. A 60% drop in the SP today and how much over the next week or so.
It also looks like they do not have the volume of ongoing orders that would have filled the gap. This look very dire for the future, that is if they have one.
Why did it take so long to report this as the comment was "customer withdrew a large order ahead of the Christmas and New Year trading period". This must have been quite a time before Xmas due to manufacturing lead time, at least early November. They haven't found sufficient new business in about three months and we are now in the quiet period for consumer electronics.
This all looks like the precursor to more serious problems. The reporting of the 1.5m hole may be a softening up exercise. A 60% drop in the SP today and how much over the next week or so.
Treblewide
- 25 Jan 2007 17:09
- 175 of 223
bumholes...dropped a few quid on this today...oopsy got some out at 1.5 not many left...average price was 4.25 so decent loss for me on this one...oh deary!
Frampton - 25 Jan 2007 17:30 - 176 of 223
You're not the only one Treble, my average was higher, and I've taken a big loss today. Still holding a few, don't know why really as I don't hold out much hope for them now.
Technotamed - 28 Jan 2007 10:50 - 177 of 223
I am still in havn't sold any. Shock news and been sitting on this info and decided at present to wait and see. At least they pulled out of the retail side and hopefully the worst is over, but I have lost all trust in the management. If they go sub 1p may add, maybe safer to wait for results.
SP could be stopped from dropping further if they announced more contracts very soon. But people often under-estimate how far prices will go.
When I first started trading I looked short term and took profits, since looking long term I have made nothing but losses so I will return to short term gains.
SP could be stopped from dropping further if they announced more contracts very soon. But people often under-estimate how far prices will go.
When I first started trading I looked short term and took profits, since looking long term I have made nothing but losses so I will return to short term gains.
Treblewide
- 28 Jan 2007 17:52
- 178 of 223
Techno.....mmm I have sold all of mine now.....I think they will be suspended soon, how on earht are they going to pay their 1.5m loss never mind the 1M they have to repay on the loan they have taken out...the comapny at the moment has a market cap of 1, very little cash depite wht they say and lets be honest are now totally doomed.
all the best with your holding but sometimes you need to be able to cust losses/take profits...this lot are knackered
all the best with your holding but sometimes you need to be able to cust losses/take profits...this lot are knackered
Haystack
- 28 Jan 2007 23:21
- 179 of 223
The market cap is shown as 3.25m on MAM. They raised 525,000 in a placing in November. They had a loan facility and drew down 400k in September and it was converted into equity. I am not sure they actually have any loans at present. I do think that they may not survive though. DVD and mp3 players are commodity items and can be bought in bulk very cheaply now from the far east. DVS's market may have left them.
Technotamed - 01 Feb 2007 07:59 - 180 of 223
1 February 2007
Designer Vision Group PLC
New OEM Contract
Further to our announcements on 20 November and 1 December 2006, Designer
Vision Group PLC is pleased to announce that it has been awarded a significant
contract to supply Rear Seat Entertainment systems (RSE) to Citroen UK Limited.
The program will be launched in the first quarter of 2007 and will be available
on the Citroen Xsara Picasso, C8 and Berlingo Multispace models.
Xavier Duchemin, MD of Citroen UK Limited, said:
"Citroen is one of the UK's most successful suppliers of Multi Purpose Vehicles
(MPV's). With these cars being so family orientated, the ability to offer in-car
DVD equipment is particularly appealing. We have been very pleased with the
proposition made by Designer Vision and this will enable us to make our cars
even more attractive to our key target audience."
Commenting on the success of winning another major automotive contract,
Angelo Panayiotou, Chairman of Designer Vision Group PLC, said:
"We are absolutely delighted to start the year with such wonderful news. We are
very proud to add Citroen UK Limited to our existing client base which reads
Aston Martin, BMW, Ford, Jaguar, Land Rover, Nissan, Renault and Volvo. I
believe that our products will complement the Citroen vehicle range, especially
their excellent family orientated derivatives.
"We look forward to 2007 with much excitement and belief. I am confident that
our excellent sales team will continue to win additional high value contracts,
reinforcing our position as the UK's leading supplier of RSE to the automotive
industry.
"The Group is now fully focused on its automotive business and it starts 2007
with its strongest ever order book to date, I hope to announce further
substantial OEM contract wins very soon as per the announcement on
20 November 2006."
Designer Vision Group PLC
New OEM Contract
Further to our announcements on 20 November and 1 December 2006, Designer
Vision Group PLC is pleased to announce that it has been awarded a significant
contract to supply Rear Seat Entertainment systems (RSE) to Citroen UK Limited.
The program will be launched in the first quarter of 2007 and will be available
on the Citroen Xsara Picasso, C8 and Berlingo Multispace models.
Xavier Duchemin, MD of Citroen UK Limited, said:
"Citroen is one of the UK's most successful suppliers of Multi Purpose Vehicles
(MPV's). With these cars being so family orientated, the ability to offer in-car
DVD equipment is particularly appealing. We have been very pleased with the
proposition made by Designer Vision and this will enable us to make our cars
even more attractive to our key target audience."
Commenting on the success of winning another major automotive contract,
Angelo Panayiotou, Chairman of Designer Vision Group PLC, said:
"We are absolutely delighted to start the year with such wonderful news. We are
very proud to add Citroen UK Limited to our existing client base which reads
Aston Martin, BMW, Ford, Jaguar, Land Rover, Nissan, Renault and Volvo. I
believe that our products will complement the Citroen vehicle range, especially
their excellent family orientated derivatives.
"We look forward to 2007 with much excitement and belief. I am confident that
our excellent sales team will continue to win additional high value contracts,
reinforcing our position as the UK's leading supplier of RSE to the automotive
industry.
"The Group is now fully focused on its automotive business and it starts 2007
with its strongest ever order book to date, I hope to announce further
substantial OEM contract wins very soon as per the announcement on
20 November 2006."
moneyman - 01 Feb 2007 08:19 - 181 of 223
Hoopefully will put DVS on the road to recovery
ValueMax - 01 Feb 2007 11:00 - 182 of 223
Very good value here now.
Plus more to come. From december RNS:
"We are delighted to win yet another rear seat entertainment programme for a
major car manufacturer. As we stated in our announcement last week, this is
one of a number of contract wins in our OEM division and I look forward to
announcing the others in due course. We have consistently demonstrated our
ability to win such high profile programs, by supplying high quality products,
demonstrating that our expertise in this area is second to none."
Plus more to come. From december RNS:
"We are delighted to win yet another rear seat entertainment programme for a
major car manufacturer. As we stated in our announcement last week, this is
one of a number of contract wins in our OEM division and I look forward to
announcing the others in due course. We have consistently demonstrated our
ability to win such high profile programs, by supplying high quality products,
demonstrating that our expertise in this area is second to none."
Haystack
- 01 Feb 2007 11:03
- 183 of 223
What's this? Another low margin contract? They have had plenty of dels over the last year and still expect to lose heavily.
ValueMax - 01 Feb 2007 11:10 - 184 of 223
If you've ever purchased one of these OEM add-ons, you'll know that they are definitely not low margin for the car supplier. This leaves them with some room for negotiation with DVS whereby DVS can receive a decent margin and the vehicle manufacture can still make a nice profit.
ValueMax - 01 Feb 2007 11:31 - 185 of 223
Additionally, the units are iPod compatible and in-car MP3 is likely to exhibit strong demand over the next 12 months.
Haystack
- 01 Feb 2007 11:57
- 186 of 223
DVS's margins haven't served them well so far. A solid stream of deals and they are going to post at least 1.5m loss. This rear seat entertainment kit will be an add on extra. How many Citroen buyers will opt for it? It may be a low volume item. In car kit has been using mp3 for a couple of years now.
ValueMax - 01 Feb 2007 12:03 - 187 of 223
The loss will be "up to 1.5m", not "at least". However, point taken on that one. That loss related to the retail division, not the automotive OEM contracts and was already priced into the SP following the drop last month.
Citroen buyers - no figures for this yet, however they are forecasting 3000+ units installed in the new Renault Laguna alone per year.
The profit margins historically have been 15-17% and with the one-off loss relating to the cancelled order ignored, the company would have been in profit (as it was in the last interims).
Citroen buyers - no figures for this yet, however they are forecasting 3000+ units installed in the new Renault Laguna alone per year.
The profit margins historically have been 15-17% and with the one-off loss relating to the cancelled order ignored, the company would have been in profit (as it was in the last interims).
moneyman - 01 Feb 2007 23:26 - 188 of 223
Pizz poor deramping H ! Pizz Poor and you made yourself look an absolute idiot by posting this
Haystack - 01 Feb 2007 11:57 - 186 of 187
DVS's margins haven't served them well so far. A solid stream of deals and they are going to post at least 1.5m loss. This rear seat entertainment kit will be an add on extra. How many Citroen buyers will opt for it? It may be a low volume item. In car kit has been using mp3 for a couple of years now.
We all know the loss was attributed to the retail division and that if you read the OEM news they have the strongest order book that they have ever had.
Your a very sad individual!
Haystack - 01 Feb 2007 11:57 - 186 of 187
DVS's margins haven't served them well so far. A solid stream of deals and they are going to post at least 1.5m loss. This rear seat entertainment kit will be an add on extra. How many Citroen buyers will opt for it? It may be a low volume item. In car kit has been using mp3 for a couple of years now.
We all know the loss was attributed to the retail division and that if you read the OEM news they have the strongest order book that they have ever had.
Your a very sad individual!
Technotamed - 01 Feb 2007 23:46 - 189 of 223
I'm still in and added a further 40,000 shares moving my average down further, I may be mad but only time will tell.
Haystack
- 02 Feb 2007 04:31
- 190 of 223
moneyman
They still are going to lose 1.5m and many people have commented on the likelyhood of tight margins. Considering how long it was before they mentioned the loss of pre-Christmas contracts, I wouldn't believe much that they say at the moment. They should have have known about it in November. That is up to three months ago. The market seems to be sceptical about the strong order book judging by the chart!
They still are going to lose 1.5m and many people have commented on the likelyhood of tight margins. Considering how long it was before they mentioned the loss of pre-Christmas contracts, I wouldn't believe much that they say at the moment. They should have have known about it in November. That is up to three months ago. The market seems to be sceptical about the strong order book judging by the chart!
moneyman - 04 Feb 2007 23:00 - 191 of 223
They are going to lose a maximum of 1.5M and only the derampers have comented on the tight margins.If you take time to read the interims you can find out exactly what the margins are.
They do have a strong order book as per the last RNS and with the potential of more contracts to be announced you can sit on your hands or make money at these prices.
They do have a strong order book as per the last RNS and with the potential of more contracts to be announced you can sit on your hands or make money at these prices.
Treblewide
- 05 Feb 2007 09:29
- 192 of 223
no offfence Moneyman but some people never learn.....this comapny is a basket case.
a 1.5M loss this year...this means that they have to fork out in excess on 1.5M in cash to supliers/staff this year....where are they getting the free cash flow and for a comapny that has never made a full year profit I wonder how long they can go before they go bust.
a 1.5M loss this year...this means that they have to fork out in excess on 1.5M in cash to supliers/staff this year....where are they getting the free cash flow and for a comapny that has never made a full year profit I wonder how long they can go before they go bust.
Technotamed - 10 Feb 2007 23:59 - 193 of 223
Just heard the advert on Q103 radio station Cambridge that Citroen are giving this equipment away free with certain new models as an incentive scheme to buy their cars.
ValueMax - 11 Feb 2007 09:36 - 194 of 223
Technotamed, that offer is also listed on the citroen uk website.
Haystack
- 11 Feb 2007 12:24
- 195 of 223
Only on some models (probably the ones they can't sell) as a special offer and probably limited in time. It may be an indication of how cheap they are getting them from DVS and consequently how tight DVS's margins are.
ValueMax - 11 Feb 2007 19:21 - 196 of 223
Yes, they are limited in time, which makes sense if you are a car manufacturer aiming to reach quarterly sales targets. Good news for DVS.
Harry6
- 11 Feb 2007 23:03
- 197 of 223
Haystack - do you actually know anything about this company?
Haystack
- 12 Feb 2007 06:22
- 198 of 223
Enough to know that I wouldn't believe much that they say.
moneyman - 14 Mar 2007 23:10 - 199 of 223
Nice to see that British Bulls have this as a confirmed BUY
Haystack
- 15 Mar 2007 11:45
- 200 of 223
It is difficult to see on what basis they have it as a buy. It is at its all-time low price, especially a confirmed buy.
moneyman - 15 Mar 2007 22:22 - 201 of 223
LOL Haystacks - It's your site isn't it and done fully on charts !
25K on offer at 1.5p with MMs bidding 1.25p (over the offer) for upto 500K of stock.
Chart looks like a double bottom to me.....what say thee ?
25K on offer at 1.5p with MMs bidding 1.25p (over the offer) for upto 500K of stock.
Chart looks like a double bottom to me.....what say thee ?
Harry6
- 17 Mar 2007 09:06
- 202 of 223
What I say, Moneyman, is that company brokers and nomads have left, plus 2 non exec directors, and I'm concerned that we may never see this company listed again!
Harry6
- 23 Apr 2007 09:21
- 203 of 223
Does anyone know anything about this, is it likely to ever surface again?
ValueMax - 23 Apr 2007 10:29 - 204 of 223
Unlikely, which is a shame because they had some decent contracts. But a poor boss.
Technotamed - 23 Apr 2007 18:25 - 205 of 223
Surely if you have bought shares they are still valid although you can't trade them.
MightyMicro
- 24 Apr 2007 16:44
- 206 of 223
DVS.L code went invalid on Reuters today.
Shearershearer - 24 Apr 2007 21:37 - 207 of 223
........which means .....?
Haystack
- 24 Apr 2007 23:33
- 208 of 223
Just try charting it or getting a quote on a financial web site - say MoneyAm or iii. It is effectively unlisted!
Harry6
- 25 Apr 2007 08:25
- 209 of 223
The DVS website is still running but was last updated in March 2006.
Is there anyone we can ask, maybe there is a restructuring going on, or maybe a buy-out?
Is there anyone we can ask, maybe there is a restructuring going on, or maybe a buy-out?
Frampton - 25 Apr 2007 09:06 - 210 of 223
Surely this is dead isn't it? It's gone into administration, existing shareholders won't get anything back as far as I can see.
maggiebt4
- 25 Apr 2007 10:07
- 211 of 223
I read on RNS that they had gone into administration, shares suspended, but they were trying to save the company
maggiebt4
- 25 Apr 2007 10:09
- 212 of 223
So fingers, toes, legs, etc. crossed
Haystack
- 25 Apr 2007 11:34
- 213 of 223
The investors won't see anything from their shares.
Harry6
- 25 Apr 2007 21:59
- 214 of 223
And you know this because...
Haystack
- 25 Apr 2007 22:14
- 215 of 223
Because this scenario happens time after time and all the shareholders hope and hope that they will get a payout - they do not. How many times have companies gone into administration and the shareholders have received anything?
cmp0325 - 11 May 2007 10:24 - 216 of 223
Does anyone know when we might hear anything?
Shearershearer - 24 Nov 2007 09:05 - 217 of 223
Has anybody heard anything about this lot?The website is still running,are they trading?
Technotamed - 14 Apr 2008 13:12 - 218 of 223
Whats this all about then.
It is confirmed that HTK USA the Californian based automotive OEM supplier of "In Car Entertainment" systems with manufacturing plants in the US, China and Taiwan and a subsidiary of Hamg Shing International Corporation, has acquired the entire business and assetts of Designer Vision Automotive (DVA).
The deal will see DVA become the European division of HTK USA and will allow the company to grow significantly within the European OEM sector, as a manufacturer of high end automotive products HTK is a global leader in the supply of RSE systems and other auto related products to the worlds leading car manufacturers.
It is confirmed that HTK USA the Californian based automotive OEM supplier of "In Car Entertainment" systems with manufacturing plants in the US, China and Taiwan and a subsidiary of Hamg Shing International Corporation, has acquired the entire business and assetts of Designer Vision Automotive (DVA).
The deal will see DVA become the European division of HTK USA and will allow the company to grow significantly within the European OEM sector, as a manufacturer of high end automotive products HTK is a global leader in the supply of RSE systems and other auto related products to the worlds leading car manufacturers.
maggiebt4
- 14 Apr 2008 19:28
- 219 of 223
I hold in a nominee acc have just phoned brokers who say they have heard nothing but will investigate. Just noticed that when you enter DVS's web site it opens in other company's
Technotamed - 17 Apr 2008 13:06 - 220 of 223
My shares have been valued now at 0.01 each so I now have a value on them for the 1st time in ages.
maggiebt4
- 17 Apr 2008 14:02
- 221 of 223
I noticed that too My broker rang back said they didn't know what was happening suggested I ring the take over company which I did they were to ring me back. Will ring again today. Going out now.
Technotamed - 17 Apr 2008 16:38 - 222 of 223
I emailed them but no reply so far.
maggiebt4
- 17 Apr 2008 17:25
- 223 of 223
Rang again Apparently Number on web site is not HTK ( Take over company) Girl is passing on message to DV. Rang broker they say they think we will eventually be told. So I suppose we will just have to wait. Would like to think we could salvage something from this.
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