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.
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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.
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Global Nomad
- 06 Dec 2005 22:49
- 1781 of 2787
yes
corehard
- 08 Dec 2005 09:51
- 1782 of 2787
Eric; SDog: are you guys still checking in ?
rawsthornebj001
- 08 Dec 2005 10:26
- 1783 of 2787
hi does anyone know of a website for Ril?
stockdog
- 08 Dec 2005 11:06
- 1784 of 2787
Still here - bit bored with this one, although continue to hold well overweight. Haven't kept up my income projections, so have to wait and see at results time. Not sure they have made as many deals or as much money in H2 and I never got round to asking TR if the bus group disposal fees might have been delayed to H2, instead of H1 where I had them. That would be a big plus if true.
Intrigued by RIL's ambitions and somewhat nervous that so much business still comes via Griffin. Anyone know if there is any connection between RIL and Griffin?
sd
Paulo2
- 09 Dec 2005 09:15
- 1786 of 2787
Stockdog, sounds like you're on a bit of a downer with these at the moment. If my memory serves me right we've had one admission to AIM, with one to come, three admissions to Ofex and six smaller bits of work. That's probably more than in the whole of 2002.
Not a bad H2 to follow on from the exceptional H1. Surely must be near break even for the second half and then there's the question of the bus disposal as you mentioned.
Perhaps if someone could clarify that point with TR.
ranoszek
- 09 Dec 2005 11:45
- 1787 of 2787
Paulo2
agree with you there. I think ofex is going to be the a focus of further expansion for DGT.
stevieweebie
- 09 Dec 2005 14:36
- 1788 of 2787
dont know a lot about charts but very tight grouping now on all of the indicators, this can only be a good thing surely, previously on other stocks tight bollinger bands tend to indicate a movement in some direction.
Any Chartists care to help me out here
Stevie
ptholden
- 09 Dec 2005 15:01
- 1789 of 2787
Stevie
Always difficult to tell with small caps as the spread often distorts the true picture, particularly true in the case of DGT where we see anything from 4 - 15%. Often an an increase / decrease in the daily SP is just a reflection of the spread. However, I am reasonably comfortable with the TA, but would like to see the 25MA turn upwards, which would then reflect a positive MACD. All seems a bit flat at the moment. Still think that RIL will continue to build their stake and will be very surprised if they don't have to start paying an increased premium for that stock, which 'should' provide the required impetus. Surely, they have swept up all the cheap stock now? Mind you there seem to be an awful lot of investors out there who appear ignorant of RIL and what impact their buying would have on the SP if they were to just hang on and stop making it easy for them!!
pth
nevgroom
- 09 Dec 2005 15:12
- 1790 of 2787
No connection bt AV and Griffin.
Paulo2
- 12 Dec 2005 08:16
- 1791 of 2787
Nanotech Energy Plc ('Nano' or the 'Company')
Temporary suspension
The Board of the Company announces that Adam Rodney Collins and Robert William
Long (the 'New Directors') have today been appointed directors of the Company.
Adam Rodney Collins, Executive Director
Mr Collins has held a number of senior positions in corporate finance and
private industry and has extensive experience in financial structuring, capital
raising and regulatory compliance. Mr Collins is currently a director of Impact
Funding UK Limited.
Robert William Long, Executive Director
Mr Long is currently the Operations Director and Chairman of Veras Plc, and
Veras Funding Solutions Limited. Veras is an OFT licensed credit and FSA
authorised insurance broker specialising in the provision of litigation funding
and insurance solutions to the legal profession.
Stephen Dean, Vincent Nicholls and Jim McColl (the existing board of directors)
have today resigned as directors of the Company.
The New Directors have identified an opportunity for the Company in the
financial services sector. The opportunity involves the acquisition of a
company that is involved in the funding of personal loans arising from legal
litigation disbursement funding, matrimonial disputes, and deceased estates.
The contemplated transaction and the proposed change of investing strategy will
constitute a 'Reverse Transaction' under the AIM Rules therefore the New Board
has requested that the shares of the Company are suspended from trading on AIM
until such time a readmission document is posted to shareholders and
shareholder approval given in relation to the proposed transaction.
Under the terms of the Corporate Service Agreement between the Company and
Griffin Corporate Finance Limited, Griffin Corporate Finance Limited has agreed
to provide various corporate finance services to Nano, including directors
services, general management services and the introduction of corporate finance
opportunities. Griffin Corporate Finance Limited introduced the New Directors
to Nano. In consideration for this service Robert Long has agreed to pay
Griffin Corporate Limited a fee of 150,000. There is no resulting cost to Nano
as a result of this payment.
Griffin Corporate Finance Limited under the AIM Rules is an 'associate' of
Stephen Dean and Vincent Nicholls, both directors of the Company, and therefore
the payment made to Griffin Corporate Finance Limited under the AIM Rules is
deemed to be a 'related party' transaction pursuant to the AIM Rules.
Accordingly, the terms of the payment have been reviewed by Jim McColl, an
independent director of the Company, who after consultation with the Company's
Nominated Adviser (City Financial Associates Limited) believes the terms of the
payment to be fair and reasonable insofar as the shareholders of the Company
are concerned.
Save as disclosed below, there are no further details required to be disclosed
pursuant to schedule 2(g) of the AIM rules.
Adam Rodney Collins, Age 32
Other Directorships Currently Held Former Directorships Held Within
Last 5 Years
Impact Funding UK Limited Busy Time Pty Ltd
Impact Funding Limited Cabco (Queensland) Pty Ltd
Australian Lawyer Magazines Pty Capital Equity Group Pty Ltd
Ltimited
Falcon Waterfree Technologies Pty
Ltd
Falcon Waterfree Technologies
Australia Pty Ltd
Falcon Waterfree Systems Pty Ltd
Mainsail Pacific Holdings Pty Ltd
Q.A. Automotive Pty Ltd
Top Tier Investments Pty Ltd
Waterless South Pacific Pty Ltd
Robert William Long, Age 47
Other Directorships Currently Former Directorships Held Within Last 5
Held Years
Veras Plc R.W. Salt Communications Limited
Veras Funding Solutions R W Salt Limited
Limited
Advanced Fluid Connections Plc (formerly
Oysterec Plc)
Cyprotex Discovery Limited
Cyprotex Plc
Fedsig One Limited
Life Safety Communications Limited
Akusta IFE Limited
Fedsig Two Limited
Fedsig Three Limited
Federal Signal Limited
GL Communications International Limited
Prestek Limited
Galileo Innovations Plc
Sense-Sonic Limited
Paulo2
- 13 Dec 2005 08:33
- 1792 of 2787
I'll bet this little share is feeling very unloved on this website, right before Christmas and all.
Stockdog, is there any chance you had a look at those figures? Sorry to ask, mate, but I'm a wordsmith and not a mathematician.
stockdog
- 13 Dec 2005 14:17
- 1793 of 2787
Paulo2 - sorry, 14 hours a day at the day job currently is enough fun - so my portfolio lies rather neglected - now officially all classed as long term holdings, so I don't feel guilty about not following them every day!
May have a look over the tholiday period - roll on December 22nd!
sd
white westie
- 21 Dec 2005 13:40
- 1794 of 2787
well this board has certainly died, not a post for 8 days.
has everyone gone on a long Xmas break early?
at present you can,
buy 1M @ 0.44p
sell 37.5k @ 0.4p
I see there are another 1M of sells today so AV can buy yet another 1M dirt cheap if they still want them.
deadfred
- 21 Dec 2005 13:43
- 1795 of 2787
ppl have looked at other ppl opinions and decided
sym are a better offer
imho of course
rawsthornebj001
- 21 Dec 2005 15:10
- 1796 of 2787
What the heck is going on with DGT?
Ted1
- 21 Dec 2005 15:25
- 1797 of 2787
MM'S fucking around.
Merry bloody xmas
rawsthornebj001
- 21 Dec 2005 15:51
- 1798 of 2787
interesting insight....thanks Ted. merry xmas
Ted1
- 21 Dec 2005 16:10
- 1799 of 2787
Sorry dude but this share really
fustrates me.
rawsthornebj001
- 21 Dec 2005 16:17
- 1800 of 2787
same goes matie, we are not alone check out the advfn feed!