Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

Dowgate Capital - Capitalising on the booming AIM market (DGT)     

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.
Chart.aspx?Provider=Intra&Code=DGT&Size=Chart.aspx?Provider=EODIntra&Code=DGT&Si

stockdog - 12 Sep 2005 22:59 - 1527 of 2787

stands to reason, dunnit!

markusantonius - 12 Sep 2005 23:00 - 1528 of 2787

............and also because the vast majority of posters seemed to anticipate a steady rise in the run up to TR's announcement (which arrived early) and even if the results (without the overly generous expenses dished out to the directors!!) had been better, I still think a correction soon afterwards was a near certainty.

Saying all this, we should see a penny by Xmas, all things being equal. Do you agree?

ptholden - 12 Sep 2005 23:11 - 1529 of 2787

Have been away for a few days so nice to see a strong recovery in the SP folloiwng the recent unwarranted fall. Quite like the look of that 6M buy, clealry someone has their head screwed on the right way round! Will be pleased when we get back to 0.80p so Markus can stop dripping!

pth

markusantonius - 12 Sep 2005 23:24 - 1530 of 2787

Only dripping coz of your kra@p tips, PTH - it's very expensive knowing you, mate! :o(

ptholden - 12 Sep 2005 23:25 - 1531 of 2787

Perhaps you should have bought at 0.40p as originally suggested you muppet! Andysmith listened and made a profit!!

markusantonius - 12 Sep 2005 23:29 - 1532 of 2787

Ah well, at least I can claw it back every time we play golf! When is our next battle btw I could do with making a few quid?

ptholden - 12 Sep 2005 23:33 - 1533 of 2787

No chance Compo! Coming back into form now. Longcliffe next. Will have a chat over the next day or so.

pete

markusantonius - 12 Sep 2005 23:36 - 1534 of 2787

Talking a good game again, Pete! But when it comes down to it, only the chosen few have the skill and temperament to close a match out. Predateur and Eric will both vouch for this. Like the positive thinking though - at least you might give me a game next time!! :o)

Paulo2 - 13 Sep 2005 09:43 - 1535 of 2787

Either you guys are playing golf, or you're all just being incredibly cool.

butane - 13 Sep 2005 09:52 - 1536 of 2787

COMPANY NAME:
Pantheon Leisure Plc

COMPANY ADDRESS:
58-60 Berners Street, London

COMPANY POSTCODE:
W1T 3JS

COUNTRY OF INCORPORATION:
England & Wales

COMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY TO BE DISCLOSED IN
ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (J) OF THE AIM RULES:
Operation of 5-A-Side football leagues and other sports and leisure activities

DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price to which
it seeks admission and the number and type to be held as treasury shares):
100,000,000 Ordinary Shares of 1 pence nominal value at 3 pence per share and 50,000,000 Warrants to subscribe
for Ordinary Shares exercisable at 3 pence per share

CAPITAL TO BE RAISED ON ADMISSION:
750,000

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:
David Alan Bernstein, Non-executive Chairman
Barbara Moss, Chief Executive Officer
Irvin Fishman, Finance Director
Richard Lawrence Owen, Director
Geoffrey Michael Simmonds, Director

PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL
BEFORE AND AFTER ADMISSION:
TBA

NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:
TBA

ANTICIPATED ACCOUNTING REFERENCE DATE:
31 December

EXPECTED ADMISSION DATE:
27 September 2005

NAME AND ADDRESS OF NOMINATED ADVISER:
City Financial Associates
Pountney Hill House
6 Laurence Pountney Hill
London
EC4R 0BL

NAME AND ADDRESS OF BROKER:
Seymour Pierce Ellis Limited
Talisman House
Jubilee Walk
Three Bridges
Crawley, West Sussex
RH10 1LQ

DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT
THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:
City Financial Associates
Pountney Hill House
6 Laurence Pountney Hill
London
EC4R 0BL

DATE OF NOTIFICATION:
13 September 2005

markusantonius - 13 Sep 2005 12:20 - 1537 of 2787

Paulo2, we are just cool (and we play a bit as well - or at least one of us does!). :o)

Hey up again today - need another RNS to sustain it this time, I think.....

rawsthornebj001 - 13 Sep 2005 13:11 - 1538 of 2787

Thanks for the info Butane.

overgrowth - 13 Sep 2005 14:17 - 1539 of 2787

I've added Pantheon to the header - good find Butane.

It looks as though the "head and shoulders" formation has now completely formed, we've seen the bottom and this is the bounce back into a new trend.

Great to see the newsflow starting again.

Each new item of news should nudge the price gradually higher from here.

Still, 16 new clients already this year is pretty impressive for a small co. like Dowgate.

markusantonius - 13 Sep 2005 14:29 - 1540 of 2787

Do you have short and med term targets, guys - bearing in mind what has happened so far since the new regime has changed things around?

markusantonius - 13 Sep 2005 14:32 - 1541 of 2787

OG, I'm not being funny, but don't you think that graph formations are far less indicative for such a small cap company as ours?

rawsthornebj001 - 13 Sep 2005 15:09 - 1542 of 2787

Nice to see the 'offer' close toward the 'bid' this time, inspite of the fair weather crowd bolting for the door (noticed things go haywire around the time of a posting on this board that URL-BritishBulls had recommended a strong buy) .

I think this stock will do a whole lot better under a regime of low level buying as opposed to the current tide of spec short trading. I agree with you OG. looks like a positive cycle in the offing chart wise, the MM's know how much spec paper they had out there at around (60-75), so Im guessing they have just about got most of it back in at more or less half money (40-50).

As in my last post on the subject, recent price swings have appeared to have a very unnatural feel, i.e. falling at the drop of a hat and failing to climb again even under relatively strong buying pressure.

Still feels like a highly sensitive micro climate and could go either way from here, but the vital signs appear positive.

Not wishing to be accused of pumping and dumping again I shall make it clear that this is only my opinion.

overgrowth - 13 Sep 2005 16:19 - 1543 of 2787

markus - I agree that some indicators are unreliable for smallcaps and candlesticks are hardly worth bothering with when volumes are low.

However, the head and shoulders pattern is a classic "price action" pattern which most medium term traders follow regardless of mkt. cap./volume. These patterns often become a self-fulfilling prophecy because so many traders follow them - they actually contribute actively to the pattern forming according to their prediction.

markusantonius - 13 Sep 2005 16:30 - 1544 of 2787

OK, OG. Well explained, sir! Why do you think there was only a modest decline today considering that sells far outweighed the buys? Not complaining - just curious.....?

stockdog - 13 Sep 2005 20:12 - 1545 of 2787

The attempt to rise above July 1st's support-turned-resistance of 0.51 on good volume was ultimately defeated today, in spite of a good spike north to start with. Still, the fact we hung onto 0.51p at close suggests there is enough momentum for another attempt tomorrow as we shake off weak holders keen to get out where they bought in 10 weeks ago.

markusantonius - 13 Sep 2005 23:33 - 1546 of 2787

Yes, pretty much agree with SD - after all we had a 19% rise on Monday so today was always going to be a test. Irritating that the MM's can get away with "tree shaking" and lowering the sp to suit their own agendas. But that's the nature of the game we play, I suppose. I cannot recall the last time the spread was this tight (just 0.02p!) so hopefully this is a sign of anticipated liquidity.....?
Register now or login to post to this thread.