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Dowgate Capital - Capitalising on the booming AIM market (DGT)
overgrowth
- 09 Feb 2005 20:52
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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. |
 Website: www.cityfin.co.uk |
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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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markusantonius
- 29 Mar 2006 12:04
- 2277 of 2787
Future looks great though - sky's the limit job, I think! :o)
Global Nomad - 29 Mar 2006 12:06 - 2278 of 2787
Makes a change from many small companies that treat shareholders as a bottomless pit of money to line their own pockets. It all sounds very considered and attentive.
Lets hope other people/investors recognise this value and its long term benefits for all concerned. Should keep the sp from falling any further...
GN
markusantonius
- 29 Mar 2006 12:16
- 2279 of 2787
capper - 29 Mar 2006 13:25 - 2280 of 2787
Thanks for your efforts
canary9 - 29 Mar 2006 13:37 - 2281 of 2787
kimoldfield
- 29 Mar 2006 14:07
- 2282 of 2787
kim
Global Nomad - 29 Mar 2006 16:37 - 2283 of 2787
Area RSI, Slow Sto, MACD and OBV
thanks
GN
EWRobson
- 29 Mar 2006 20:05
- 2284 of 2787
Eric
EWRobson
- 30 Mar 2006 22:04
- 2285 of 2787
Eric
stockdog
- 30 Mar 2006 23:00
- 2286 of 2787
http://www.stockcharts.com/education/ChartAnalysis/flagPennant.html
We've had the following sequence since 0.65p on the 1st March, the day results were announced:-
1) a flag pole over 2 days up to an intraday peak of 0.90p - height 0.25p, followed by a shortlived and steep downward flag over the next 2 days.
2) a break out from the short-lived flag from 0.75p rising almost the full preceding flag-pole height of 0.25p to a 0.99 intraday peak on 7th March, forming a 2nd flagpole of height 0.24p.
3) from there a 2nd flag has formed down - longer and deeper than I ever thought likely to a current level of 0.82.
4) When we break north again from here, we should rise 0.24p to 1.06p - damn close to the 1.08p I've banged on about before as the next staging post up towards 1.56p.
5) But, in fact, we might well retrace as far as the recent little 0.75p support jig between now and end of CGT arrangements by 5th April. So on 6th April we can break north again, but only to 0.99p.
6) Being equal to the last intraday high, this could be taken to have formed a resistance just south of the psychological 1p line. We could continue to bounce down off this and up again to it for a few months until something (6 monthly trading update, an acquisition - who knows?) powers us through it. The longer the 0.99p resistance line holds, the fiercer the break out will be when it comes.
Well - it fits the facts so far, but it is a little hairy, even for a born-again fundamentalist like myself. The volume peaks match the SP peaks very well over the last month, with relatively low volume on the selling sprees, so I can't be that worried. I guess if we breached the 0.65p resistance-turned-support, I might start throwing up with mild anxiety (funny thing, when a child vomits it is put to bed and comforted - with a dog it is usually beaten within an inch of its life and kicked out into the cold until it learns to behave itself - roll on the next life), but till then it's a total hold for me and my old age.
sd
stockdog
- 30 Mar 2006 23:00
- 2287 of 2787
mysunshine - 31 Mar 2006 00:18 - 2288 of 2787
http://www.fool.co.uk/news/comment/2006/c060329c.htm?source=ioowfeml0040008
stockdog
- 31 Mar 2006 00:27
- 2289 of 2787
corehard - 31 Mar 2006 08:12 - 2290 of 2787
markusantonius
- 31 Mar 2006 15:26
- 2291 of 2787
kimoldfield
- 31 Mar 2006 15:32
- 2292 of 2787
kim
corehard - 03 Apr 2006 09:05 - 2293 of 2787
Global Nomad - 03 Apr 2006 09:09 - 2294 of 2787
butane
- 03 Apr 2006 09:12
- 2295 of 2787
More work....
Hill Station PLC
03 April 2006
Date: 3 April 2006
On behalf of: Hill Station plc
For immediate release
Hill Station plc
Change of Advisers
The Board of Hill Station plc, the manufacturer of Hill Station, Loseley,
Granelli and private-label ice creams, announces that it has appointed City
Financial Associates Limited ('CFA') as its Nominated Adviser and Broker with
effect from 1st April 2006.
Enquiries:
Hill Station plc
Charles J Hall, Group Managing Director Tel. 01633 833000
City Financial Associates Limited
Tony Rawlinson Tel. 020 7090 7800
Redleaf Communications
Emma Kane/Sanna Lehtinen Tel. 020 7955 1410
Notes to Editors:
Hill Station's strategy is to position itself as an efficient manufacturer
of a broad range of ice cream products capable of responding to private-label
customer demand across the product quality and price spectrum as well as in
branded sales.
On 18 November 2005, Hill Station plc acquired 100% of the issued share
capital of Granelli McDermott Limited and Loseley Dairy Ice Cream Limited in
two reverse takeovers.
The Hill Station Group manufactures and markets super-premium ice cream
under the Hill Station brand, premium ice cream under the Loseley, Yorkshire
Dales, Thayers and Louis Granelli brands, and standard ice cream under the
Granelli's and More from Granelli brands, as well as a broad range of ice
cream products under supermarket and other customer brands.
This information is provided by RNS
The company news service from the London Stock Exchange
Global Nomad - 04 Apr 2006 08:28 - 2296 of 2787
"In March, the LSE warned that it wanted to stem that steady stream of cash shells by giving them only a short window in which to do a deal and forcing any company coming to AIM after 1 April to raise at least 3m."
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AIM gets tough and suspends record number of cash shells
By Gary Parkinson, City Editor
Published: 04 April 2006
Trading was suspended in the shares of a record 38 companies on the Alternative Investment Market yesterday after the junior stock market began its crackdown on companies that have raised money but have not yet done anything with the funds.
Those to have their shares suspended include Azure Holdings, formerly the scandal-hit Room Service, and Capricorn Resources, an investment firm formerly chaired by the mining entrepreneur Phil Edmonds.
Another, Gasol, is headed by Haresh Kanabar, a cash-shell specialist holding senior jobs at several.
Mr Kanabar is involved in Black Raven Properties, which avoided suspension after a land deal in Portugal last week, and Indian Outsourcing Services, which raised 3m and is thought on the brink on unveiling an acquisition.
The 38 so-called "cash shells", each with less than 3m in the bank but still valued at a total of about 54m, were all set up and floated with the intention of buying other businesses to run.
The London Stock Exchange, which runs AIM, is concerned that many of the glut of cash shells joining the junior market sit there for too long without using any of their cash. The share prices of the smallest companies were too easy to manipulate, it said.
They are difficult to value and some investors were buying in simply to take advantage of tax breaks.
A spokesman for the LSE said: "Well-capitalised cash shells that have a clear investment strategy have a valid home on AIM. But small, uninvested cash shells present an unacceptably high reputational risk for the market and are not suitable to be quoted on it."
In March, the LSE warned that it wanted to stem that steady stream of cash shells by giving them only a short window in which to do a deal and forcing any company coming to AIM after 1 April to raise at least 3m.
Those sitting on at least that must now hold a meeting of investors every year to vote on an investment strategy until a deal is done.
Companies with less than 1m were given a year to make an acquisition or face suspension.
The number of companies to be frozen would have been much higher, it was said, but for a flurry of about 15 deals in the past fortnight to beat the deadline. About 75 of the 1,400-odd companies now trading on the junior market are thought to be cash shells.
Suspended companies have six months in which to do a deal or be dropped from AIM altogether.
Suspension is likely in itself to make any acquisition tougher, as managers of target companies take advantage of the looming deadline to push for better terms. For those that are delisted, the most attractive option is likely to be the lightly regulated Ofex exchange.
Moving to Ofex will hit a company's market value, but would save shareholders from finding themselves stranded in a wholly private company with less chance of selling on their stakes.
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