overgrowth
- 09 Feb 2005 20:52
Dowgate Capital (DGT) are sitting
in the middle of a goldmine!
This company through
their sole trading arm City Financial Associates are looking to take full
advantage of the "booming" AIM market this year.
Dowgate provide NOMAD (NOMinated ADvisor) services to AIM companies
and also have full Corporate Broker status which means that they can fund
placements on behalf of the companies they represent.
|
|
On first sight, the
fact that Dowgate exist in the often veiled financial services sector
makes you think twice about investing in company such as this because
it would be impossible to understand what they were doing - however, think
again!
DGT bring new companies
to the AIM (Alternative Investment Market). For each new company "floated"
on AIM, they take arrangement fees when acting as NOMAD. After the company
is launched then for a nice steady earner DGT get another healthy chunk
of cash every year for looking after them (note that all AIM companies
must have a nominated adviser - thereby securing a ready source of recurring
income).
Because DGT also act
as a Corporate broker they can get a very healthy percentage for arranging
placement of shares with insititutions before a new company floats. In
addition, because placements come outside the sphere of yearly NOMAD work,
they can also gain healthy percentages of placements which companies may
need to make throughout the year when they need a quick injection of cash
to speed growth.
Current NOMADships:
28 companies represented (gives recurring income of approx 480,000
per year)
Current on-going Brokerage
agreements: 19 companies (income depends on placements)
For flotations, depending
on the size of a company, fees charged will be anything from 50,000
to 100,000+
For placements (the real earner), DGT get anything from 3% to around 12%
of the TOTAL AMOUNT RAISED - For example a new company raising 3M
though a placement will earn DGT anything from 90,000 to 360,000
!
These figures are indicative as actual deals all differ due to circumstances
and DGT sometimes take payment in shares - they still have a tasty chunk
of Setstone shares and when this Russian exploration company comes back
to AIM, predictions are that the share price will rocket.
Note that the amount that this little company can earn in fees is huge
and every new deal that comes through we know will contribute another
healthy chunk into the bottom line. The good news with every new floatation
means that it's another chunk of recurring revenue which could go on for
years, with DGT having to do very little.
New clients gained in 2005 are:
Mediazest
(NOMAD & broker) Elite Strategies (NOMAD) Process Handling (NOMAD) Poland Investment Fund (NOMAD) Nanotech Energy (NOMAD & broker) Archimedia Ventures (NOMAD & broker) Red Leopard Holdings (NOMAD) Alba Mineral Resources (NOMAD & broker) Intandem Films (NOMAD & broker) Motive Television (NOMAD) IncaGold (NOMAD) Sportswinbet (NOMAD & Broker) Infoscreen Networks (NOMAD & Broker) Mark Kingsley (NOMAD & Broker) Croatia Ventures (NOMAD & Broker) Pantheon Leisure (NOMAD) Firenze Ventures (Ofex Advisor) FlightStore Group (NOMAD & Broker) Euro Capital Projects (NOMAD) Pearl Street Holdings (NOMAD) Worldwide Natural Resources (Ofex Advisor) Dovedale Ventures (Ofex Advisor) Other 2005 work completed:Neptune-Calculus VCT offer for subs of up to 12 million
Advisory work for TGM on London Bus disposal for 20.4M
Advisory work for Creightons on property disposal
Advisory work for Hampton Trust on company restructuring
Advisory work for Interbulk Investments on acquisition of
Inbulk Advisory work for Fundamental-e
Investments on two disposals Advisory work for Designer
Vision re: Design Rights against Centurion Electronics
Click Here for fundamentals and profit projections.
|

stockdog
- 05 Sep 2005 15:01
- 1485 of 2787
The above was in June. They also raised about 55k in March and another 48k in August - maybe adds up to 10k in NOAMD fees for the three?
sd
EWRobson
- 06 Sep 2005 12:19
- 1486 of 2787
sd: Generated 250K cash in the last six months giving cash at bank of 736K. In other words a quarter of the current share cap. of approx 3m at 0.5p. With the turnover trend being up and operating costs stable could easily generate 500k in second half. I can't see the sp falling further with this scenario. Whilst the sp is suffering from the 'out of sight, out of mind' scenario, we can't be the only investors who are aware of the real value of the company. I wouldn't be surprised if TR doesn't top up shortly.
Eric
stockdog
- 06 Sep 2005 20:33
- 1487 of 2787
eric - if he did, it would be tempting to follow him in with a little bit more.
As a one time fisherman, I am much pre-occupied with the one that got away today. Having contemplated over the weekend selling FPA and buying LGB instead, I have been kept from my true work by pesky film producers who don't know what they are doing and missed both opportunities. So, of course, today FPA fell in sympathy with the on-line poker share (name?) and I watched helplessly as I read the RNS this morning from LGB.
Ah, well! A Dowgie is a dog's best friend, so they say, and every Dowgie has their day.
sd
white westie
- 07 Sep 2005 17:01
- 1488 of 2787
Whats going on here then has everyone gone to sleep or are you all just completely shell shocked at what is happening to this share and do not know what to say? where is the bottom as its falling every day?, company is useless they are not saying anything to prop it up maybe they do not care as they have got their bonus.
andysmith
- 07 Sep 2005 17:22
- 1490 of 2787
Glad I called a retreat with this on results day and took my profit, got to get something right!! Still on my watchlist and maybe back in soon, depends when we can be sure it has bottomed out. Good Luck.
stockdog
- 07 Sep 2005 18:39
- 1491 of 2787
Gloom and doom - often a good time to buy, if you have the nerve. Not sure if I have today or not.
rawsthornebj001
- 07 Sep 2005 20:10
- 1492 of 2787
Dont hate me for this guys but I think she's going to go.......I found myself fairly heavily into Provalis (PRO) recently for an age nothing happened, I got bored thought about selling, then suddenly and for no good reason it's price collapsed and went straight to the deck, it languished there for weeks. After the pain had left me, and for no good reason I sold out and followed all the other earlier sellers. Almost as soon as I had got off the phone from my broker the price went up and if memory serves tripled fast (unsure as to go back and look hurts). The only way I could have got any juice out of it would have been by staying in as it happened so fast. All of this without any real news of any substance too. So if youre taking a hit youre already feeling the pain, by selling out at what could be give or take a few percent of the bottom you will be committing to the loss. As the saying goes you only lose money on duff stock when you sell it!
Im no chartist but the wiser guys on here seem to think it's either on it's money now and the Co. has a future, or it's fundamentals make it worth where it was recently around .74 -.80, in my view there wont be to many profit takers at this price, if anything buyers will be attracted by its high top potential as seen in the historical chart.
Looking at the recent selling history, the price has dropped disproportionately to the selling volume (in my opinion) this could be for many reasons, maybe someone wants a large chunk of the Co. at a decent price, they may have been approached by someone wishing to dump a whole load of stock, or undisclosed bad news in the pipeline. Either way this stock has the potential to 'flip/flop' massively and based on the fact it has just flopped in spectacular fashion and for no good reason I think Im going to hang in there.
PS. If I was attempting to ramp DGT I would have included some sort of factual evidence to back up my opinion.
thebeast
- 07 Sep 2005 21:37
- 1493 of 2787
agree with your point regarding selling at loss guarentees a loss. If you try and hold the right proportion of capital in a stock and it goes down by 50% and you can afford to let it ride for 12-18 months then it may come good. no definites of course but with DGT it seems were all getting hammered for no reason that I know of. I'll stick with it till results and see how it looks then. good luck to all. don't do your own research - get someone to do it for you then claim it as your own
andysmith
- 07 Sep 2005 22:23
- 1494 of 2787
I jumped out because sp >1p demanded 500k first half and a good second half however most on here thought the second half would be lighter. When the first half was lower than predicted due to higher costs and no real update to second half, IMO >0.7p was perhaps too high without encouraging revenue updates for H2 but now it looks oversold again IMO. So many times I've held shares where best results to date are reported but the market expected more and the sp drops.
Its annoying but quite predictable. I was just lucky to be at my desk when results were posted, up at first due to headline profit versus loss previous year but when I read the details I got out at 0.74p and feel grateful for the tip from PTH, the profit and also calling one right. Also folks, small caps have been hit this week (well at least some of mine have!!), don't know why?
EWRobson
- 07 Sep 2005 22:50
- 1495 of 2787
Good post, rawsthorne. Relatively large volume today; in fact largest for 6 months though still only worth some 60K. I suspect the buys and sells were reasonably balanced because MMs wouldn't want to be left with stock and would have dropped price further to ensure that wasn't the case. The 4.4mil deal was certainly a sell an dprobably the reason fro mark down at the start of day. Suspect those deals just below the mid-point were buys. andysmith did well to get out when he did and has the luxury to get back in at the lower level if funds still available. I recall johngtudor saying that the chart was not particularly significant for small stocks such as DGT; on the other hand some holders will go by the charts even though they are saying sell and the cap. is becoming reiculously low. Agree there is a lesson to be learnt buit it strokes me that DGT is essentially a low risk company having good skills in its chosen sector of professional services. The AIM market is becoming stronger all the time including bringing in overseas business. sd is normally bouncy so hope that he is able to persuade this particular ball to bounce!
Eric
rawsthornebj001
- 08 Sep 2005 07:48
- 1496 of 2787
Regarding my volume comment in my last post, I was refering to my post of 31 Aug 2005 10:45 - "Ive never seen a 1400 sell move a share price before (1%+ down)". The whole movement down has had an eerily unrealistic feel and movement to it. I know the market always expects better figures etc. but this just didnt feel right.
Maybe there are no major large tranche holders but thousands of minnows who are holding in here on the back of a share tip somewhere and this price and spread is holding them?
white westie
- 08 Sep 2005 08:05
- 1497 of 2787
Dont think we get any revenue from this but will post it anyway.
Intandem Films Plc ( 'Intandem' or the 'Company')
Distribution Agreement
The board announces that the Company has secured the UK distribution for the
feature film Stoned (the 'Film') in a co-distribution agreement between
Intandem and Vertigo Films.
It is anticipated that the Film will be launched in cinemas in the United
Kingdom and Ireland in November 2005 followed by a DVD release in the Spring of
2006.
Under the terms of the agreement with the Film's financier, Audley Films,
Intandem will be entitled to revenue from the direct distribution of the Film
in the United Kingdom and Ireland from cinemas, DVD, all forms of television
and airlines.
Intandem is the worldwide sales company for the Film and the UK distribution
agreement follows sales to Japan, Benelux, Brazil and several other
territories. Intandem is also in negotiations for distribution agreements in
the United States, Germany and France.
Following the Films premiere at the Edinburgh Film Festival, Stoned has also
been invited to several prestigious, international film festivals that take
place during September and October of 2005 including Toronto, San Sebastian,
Dinard, Chicago and Rio de Janeiro.
Intandem is also pleased to announce that it has secured a worldwide
distribution agreement for a soundtrack of the music from the Film with Milan
Music, a specialist soundtrack company whose offices are in Paris and Los
Angeles. The soundtrack album for Stoned is planned for release in the UK
through Warner Records to coincide with the cinema release in November.
Internationally, the soundtrack will be distributed through Universal Music.
Stoned is a feature film based on the last three months of the life of Brian
Jones, the founder of The Rolling Stones, who died in his swimming pool in
1969. It has generated controversy in the media as it challenges the official
verdict of 'Death by Misadventure.'
Gary Smith, Chairman of Intandem, commented:
'We are delighted to be linking up with Vertigo Films for the UK release of
Stoned. They share our marketing vision for the film and we are looking forward
to the release in November. The soundtrack deal will ensure that we have a
comprehensive campaign for the release of Stoned featuring the internet,
targeted publicity, advertising and a soundtrack album available in the record
stores. As Brian Jones was an original rock'n' roll rebel who died at the age
of 27, the film should appeal to young people as well as the audience who were
around in the 1960s'
Notes
Intandem was established in November 2003 and was floated on AIM in April 2005.
It is a feature film company which arranges finance for the producers of films
and acts as an international sales company. It does not invest in the
production of films.
Vertigo Films is a UK producer and distributor of films. It has previously been
responsible for The Football Factory which to date has sold over 500,000 units
on DVD and is the producer of The Business which is currently on general
release and this week entered the U.K box office charts at number 5.
Audley Films is a film production and finance company that financed the
production of Stoned.
Stoned was directed by Stephen Woolley and stars Leo Gregory, David Morrissey,
Paddy Considine, Monet Mazur Amelia Warner, Tuva Novotny, David Walliams, and
Ben Whishaw.
Contact
Gary Smith Intandem 020 7851 3800
07834 965 323
Liam Murray City Financial Associated 020 7 090 7800
Limited
white westie
- 08 Sep 2005 08:28
- 1498 of 2787
I dont think we get any revenue for this.
Intandem Films Plc ( 'Intandem' or the 'Company')
Distribution Agreement
The board announces that the Company has secured the UK distribution for the
feature film Stoned (the 'Film') in a co-distribution agreement between
Intandem and Vertigo Films.
It is anticipated that the Film will be launched in cinemas in the United
Kingdom and Ireland in November 2005 followed by a DVD release in the Spring of
2006.
Under the terms of the agreement with the Film's financier, Audley Films,
Intandem will be entitled to revenue from the direct distribution of the Film
in the United Kingdom and Ireland from cinemas, DVD, all forms of television
and airlines.
Intandem is the worldwide sales company for the Film and the UK distribution
agreement follows sales to Japan, Benelux, Brazil and several other
territories. Intandem is also in negotiations for distribution agreements in
the United States, Germany and France.
Following the Films premiere at the Edinburgh Film Festival, Stoned has also
been invited to several prestigious, international film festivals that take
place during September and October of 2005 including Toronto, San Sebastian,
Dinard, Chicago and Rio de Janeiro.
Intandem is also pleased to announce that it has secured a worldwide
distribution agreement for a soundtrack of the music from the Film with Milan
Music, a specialist soundtrack company whose offices are in Paris and Los
Angeles. The soundtrack album for Stoned is planned for release in the UK
through Warner Records to coincide with the cinema release in November.
Internationally, the soundtrack will be distributed through Universal Music.
Stoned is a feature film based on the last three months of the life of Brian
Jones, the founder of The Rolling Stones, who died in his swimming pool in
1969. It has generated controversy in the media as it challenges the official
verdict of 'Death by Misadventure.'
Gary Smith, Chairman of Intandem, commented:
'We are delighted to be linking up with Vertigo Films for the UK release of
Stoned. They share our marketing vision for the film and we are looking forward
to the release in November. The soundtrack deal will ensure that we have a
comprehensive campaign for the release of Stoned featuring the internet,
targeted publicity, advertising and a soundtrack album available in the record
stores. As Brian Jones was an original rock'n' roll rebel who died at the age
of 27, the film should appeal to young people as well as the audience who were
around in the 1960s'
Notes
Intandem was established in November 2003 and was floated on AIM in April 2005.
It is a feature film company which arranges finance for the producers of films
and acts as an international sales company. It does not invest in the
production of films.
Vertigo Films is a UK producer and distributor of films. It has previously been
responsible for The Football Factory which to date has sold over 500,000 units
on DVD and is the producer of The Business which is currently on general
release and this week entered the U.K box office charts at number 5.
Audley Films is a film production and finance company that financed the
production of Stoned.
Stoned was directed by Stephen Woolley and stars Leo Gregory, David Morrissey,
Paddy Considine, Monet Mazur Amelia Warner, Tuva Novotny, David Walliams, and
Ben Whishaw.
Contact
Gary Smith Intandem 020 7851 3800
07834 965 323
Liam Murray City Financial Associated 020 7 090 7800
Limited
Paulo2
- 08 Sep 2005 09:00
- 1499 of 2787
At last, some support... but how long will it last? Is this the much-expected bounce to a more realistic SP? Or are we just coming up for for one last gasp of air before we continue the downward plummet?
I just topped up with another 460-odd thousand.
markusantonius
- 08 Sep 2005 09:05
- 1500 of 2787
We need more AIM floats, in a nutshell! Then the support will come.....
rawsthornebj001
- 08 Sep 2005 09:06
- 1501 of 2787
Same goes.....500k
rawsthornebj001
- 08 Sep 2005 09:08
- 1502 of 2787
Same goes 2X250K Hopefully see a reverse today, inspite of the cricket distractions!
butane
- 08 Sep 2005 09:22
- 1503 of 2787
Will we get anything from this?.............
Motive Television plc
Issue of Equity
Motive Television plc (the 'Company') announces that it has placed through its
broker, 20,000,000 new ordinary shares at 2.5p per share to raise 500,000
before costs. The funds will be used to provide additional working capital for
the business.
Application has been made to the London Stock Exchange for the admission of the
further new ordinary shares issued to trading on AIM. Admission is expected to
take place on 13 September 2005.
stockdog
- 08 Sep 2005 09:49
- 1504 of 2787
Following the faith, I picked up another 250k this morning at .465 - not showing for some reason.
Lots of buyers coming in and the MMs marking the offer up to .50p now.
Perhaps they have a large line of stock to sell from a large holder and reduced the price to get it away - we'll see if there is a large T/WT type sell showing up at the end of the day at anything less than 0.44p (lowest buy price first thing today). Or may be just a classic tree-shake - nice work if you can get it with the spread they maintain on this stock. All those sells of the last few days are now turning into pure profit with no effort at all for the MMs, as they sell them back to the market at fire-sale prices.
There is no way this stock is worth only what it was running at for April - June this year, carrying a loss with no proven turnaround, compared to now a decently profitable, cash-generative operation with good management and reasonable prospects. The reduction in risk value is almost greater than the absolute profit value in SP terms.
At 0.46 mid price the market cap is 2,847,400 - with annual net after tax profit of 500k almost certain, that's a PE of 5.7 - 'nuff sed!
Well done Andysmith for selling at 0.74, come back in now and do it all over again!
sd