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.

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

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

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.

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.

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.

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.

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

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.

Should move higher with the US open I reckon.

Well from a very oversold position and having tested a double bottom it looks ready to rise from here.

It would be nice to see some steady rises,nothing too steep to give the share creedance as a long term hold

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

Some nice, well priced products to be had

http://www.designervisionretail.com/user/product.php?id=52&cate=MP3%20Players

Got hit Friday but on low volume. I expect this to turn very shortly as it has done before.

Seems to be very quiet at the moment....need something to get them pushing forward again.

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.

Ouch! Shafted again.

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.

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!

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.