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Documedia 10 Pence Price Target !!! (DOC)     

SueHelen - 04 Nov 2003 09:21

Experts in Digital Print, Technology and Client Relationship Management.

Directors have been picking up vast amounts of this stock in the past few months. The last RNS came out shortly after they had sold the Cheltenham Property base that one of the directors had bought 1,000,000 shares. Most of the directors now hold a good beneficial interest in the company.
With only 40 million shares in issue it seems that sooner than later the directors will be considering taking the company back into private hands by carrying out a management buyout at 10 pence.
Doc still has 3 properties.. software seems good .. (go to their website) coupled with their clients...

A great punt at these prices.

www.documedia.co.uk

graph.php?scheme=Colourful&epic=DOC

SueHelen - 14 Nov 2003 09:31 - 24 of 44

That is foundation for a future price with some positive guidance with their interim results at the end of the month.

I actually stated last week that I wasn't accumalating anymore at the moment as I might wait until the interim results to add more.

Will post anything new.

Best Wishes,

Sue.

AdieH - 23 Jan 2004 14:30 - 25 of 44

Any news on this one Sue, the price is moving steadily up again but cannot see
any reason...... Nice to see movement but no idea why ?

SueHelen - 23 Jan 2004 14:43 - 26 of 44

There is not much stock around really, so every buy pushes the price up. The spread is a bit off putting but they did have very encouraging results back towards the end of Novemeber.

The problem is even for more than 25,000 shares one has to pay a premium to the offer price which is scandalous. Hence, I have not added more.

A great long term buy though if you are looking at that timescale.

AdieH - 23 Jan 2004 14:44 - 27 of 44

Thanks for that Sue, got in at 2.25 now sit and wait as you say.

AdieH - 26 Feb 2004 16:20 - 28 of 44

Hiya, recent rise, anyone got any news, 10p target is that realistic

SueHelen - 15 Jun 2004 13:44 - 29 of 44

15 June 2004....

Buy Documedia at 2.125p

argues Clem Chambers CEO of ADVFN.com

The market is cyclical and for the stock picker and market timer, the kinds of stocks to invest in change with the cycle. Sometimes, the only stocks you want to own are long term plays that will bring, over the years, an excellent but steady return.

In bullish times an investor can lace his portfolio with growth stories ready to lift off when the pace of the market rises. When the market goes into a bull run these shares will soar and bring returns superior but more volatile than those of more sleepy performers.

Likewise sound companies that have had a drubbing will run up and recover some of their previous glory when the market has some life in it. This is where the value investor makes hay.

Every stock has its day, often even the most risky or speculative equities have several cycles of boom, crash and renaissance. When the market approaches a crescendo to a long bull phase or benefits from a sharp extended rally, a special type of company has it moment of glory. I call these ember stocks.

Ember stocks

Ember stocks are tiny companies with a tiny hot factor, like technology or management, that once burnt brightly. The unhappy turn of fortune that tamped the share down hasn’t been completely extinguished and a hard puff of investor interest can set them ablaze again. The more investor interest, the fiercer the reaction an ember stock will have, sometimes igniting a whole group of other stocks nearby. They are often tiny fragments of companies, yet still they can come back to life in a spectacularly fashion, albeit often temporarily.

An ember stock needs the right conditions and these occur at the end of a periods of strong market performance. During these times, investors gorged on easy profits, scouring the market for tiny high risk companies who’s price might exploded and bring them a 200, 300 or 1000% return. In context this in a ridiculous expectation, yet every year there are always a few of the 3000 companies that go up 10 fold in a few months.

Many of these companies are ember stocks, set alight by sudden interest. The rise can normally be put down to the shares tiny size, in both price and market cap, coupled with overbearing and unreasonable demand. When small cap share gamblers show up and jump on the bandwagon, the price flies like a ball hit with a bat. There need be no more reason than that.

There is no need for any sense for it, it is caused by high risk behavior embedded in speculators by a long run of profits in a benign market, but a price rise, however fleeting and however friable is still a price rise.

The strategy of an ember stock is to find your candidates and stake them out, waiting for signs of life. Clearly there are many tiny penny shares that qualify but if you can find one that actually has a business then the downside is more protected than getting involved in the many hopeless failure companies with nothing underpinning their existence.

The next big ember stock?

My tip for an ember stock is Documedia (DOC). It trades at 2.125p and its market cap is 850,000 pounds. The 35% spread is outrageous at 1.75p - 2.5p, so if you're going to buy look for price improvement.

It would take very little interest in the share to send it spinning into the blue. Stocks like these go up like a rocket and down like sticks but if you realise that the potential is in the flare of the ember not its long term potential then the profit potential is enticing.

However there is a business in this tiny company, which is why I hold it; a business support service which generates 8 million pounds or so in sales. For a value investor that’s a cheap buy and with losses and cash burn apparently stabilised, a turnover of 8 million pounds with an internet spin all for the price of a decent flat in Chelsea seems like a good basis for a punt. Figures are liable to be bad next time around but will hopefully show a stabilising of the underlying business. And I should note that in May one of the founder directors took off to pursue other interests. This is very much a gamble and not for the faint hearted; an 800,000 pound market cap is perilously close to 0 pounds. But on the upside, a 4:1 sales to market cap ratio would represent near enough a 250% uplift in share price.

It might take time for the draft to catch it, but everyone should have a selection of ember stocks in their watch list for the next rally - and I can say with certainty there will be another rally in due course.

Key data

EPIC: DOC

Spread: 1.75p - 2.5p

NMS: 1,000

Market: AIM

Market Cap: 800,000 pounds

Clem Chambers is Chief Executive of ADVFN.com - the UK's most active financial website. For more details on its free news, data and bulletin boards click here

gurumaister - 15 Jun 2004 14:58 - 30 of 44

SueHelen,
Looks like you were right - there is a 30(ish)% rise today - BUT I can't for the life of me see why!!! No news, very few buys - so why?

Please educate a thick beginner with your observations

David

SueHelen - 15 Jun 2004 15:40 - 31 of 44

See my previous post...it has been tipped today at lunchtime by the Chief Executive of ADVFN.

SueHelen - 07 Jul 2004 22:55 - 32 of 44

RNS Number:3156A
Documedia Solutions PLC
30 June 2004


30 June 2004


DOCUMEDIA SOLUTIONS PLC
CHAIRMAN'S STATEMENT

The board announces the results for the year ended 29 February 2004.


Results

The results for the year ending 29 February 2004 showing an operating loss from
continuing operations of #896,000 (2003: #2,070,000) after having charged
#191,000 (2003: #821,000) of exceptional administrative expenses.

The Company sold its two freehold properties in the year raising net cash of
#842,000. There is a deferred amount due of #165,000. During the year, the
Company replaced its bank borrowings with an invoice discounting facility. Net
current assets at 29 February 2004 were #269,000 (2003: #174,000).

In view of the losses and the fact that the Company does not have the
distributable reserves, the Board will not be recommending payment of a dividend
for the year.


Operational review

With the re-organisation of the business completed and a coherent business
strategy successfully implemented we are pleased to note substantially improved
trading in the first quarter of the new financial year.

Sales in the year were #7,851,000 compared to #8,521,000 in the previous year.
The drop is as a result of the reorganisation that took place at the start of
the year discarding those lines of business that did not fit in with the group
strategy.

The company operates from three locations - London, Cheltenham and Bury St
Edmunds. London is primarily engaged on digital print, based on our
Documarketing process.

Documarketing is the on-line platform that enables corporates to automate and
empower their distributed businesses to generate local marketing campaigns
whilst centrally controlling brand and spend.

With marketing spend dropping and an increased focus on higher response rates at
lower unit costs, Documarketing is uniquely positioned to revolutionise the
marketing process for businesses with a regional or national structure for sales
and service. As this is fully integrated into our automated workflow systems, it
enables the cost effective production of short print runs, removing cost, waste
and obsolescence for both parties, while generating higher margin revenue
streams for Documedia.

We have been aggressively developing the Documarketing business in retail
property, leisure and automotive sectors. Currently we are implementing seven
new major customer wins and these include Citroen, British Telecom,
Wolverhampton and Dudley, the Association of Chartered Certified Accountants and
Compass group. These new business wins deliver high margin annual software
licenses and project consultancy fees together with marketing print revenue.

We are delighted that an existing customer, Alpha Retail (UK airports retailer),
signed a new 3 year contract in February 2004 and are converting their marketing
process to utilise Documarketing. This will give them costs savings, brand
control and group visibility of marketing performance across their retail
outlets.

We are also very pleased that Greene King has signed a new 3 year contract
starting in June 2004 to deliver localised marketing print across their 500 plus
outlets.

These two contracts put Documedia at the heart of the client's marketing
process, providing a sustainable recurring print revenue base.

The result for our clients is measured in terms of improved sales, improved
product mix and increased retail spend and traffic. The on-line Documarketing
system correlates marketing campaign effectiveness across these distributed
businesses with actual sales yields and related marketing performance
indicators. We are ready for the shift to mobile technology and can deliver
marketing content to smart phones, PDA's, personalised web sites.

Our publishing and stationery businesses (Cheltenham and Bury St Edmunds) have
both traded well over the last year and we remain confident of their continued
profitable contribution to the group with both historical and new long term
quality contracts and relationships.

Our belief in our approach, which is generating long term high margin recurring
revenue, is stronger than ever. Our team has worked very hard to create a
sustainable, exciting and independent business that has a bright future. Each
new long term contract hardens that belief and secures our future. I urge you to
look at our new web site www.documedia.co.uk to see for yourselves the new
developments we are delivering.


J W Tayler
Chairman
30 June 2004


GROUP PROFIT AND LOSS ACCOUNT
for the year ended 29 February 2004
2004 2003
# #
Turnover
Continuing operations 7,596,310 8,520,752
Discontinued activities 254,299 561,405

7,850,609 9,082,157

Cost of sales (5,403,466) (6,387,684)

Gross profit 2,447,143 2,694,473
Administrative expenses - normal (3,205,218) (4,364,859)
Administrative expenses - exceptional (191,091) (820,925)

Operating Loss
Continuing operations (895,993) (2,070,457)
Discontinued activities (53,173) (420,854)

(949,166) (2,491,311)

Reorganisation and business integration costs - (185,592)
Profit on disposal of trading division 22,500 133,830

Loss on ordinary activities before interest (926,666) (2,543,073)
Net interest (payable)/receivable (40,363) 13,443

Loss on ordinary activities before taxation (967,029) (2,529,630)
Taxation - 7,479

Loss on ordinary activities after taxation
attributable to Members of the parent company (967,029) (2,522,151)

Loss per share
Basic (2.79p) (7.28p)
Diluted (2.79p) (7.28p)


The Group had no recognised gains and losses other than those included in the
profit and loss account above.


GROUP BALANCE SHEET
As at 29 February 2004
2004 2003
# #
Fixed Assets
Intangible assets 63,740 165,642
Tangible assets 296,232 1,667,924
Investments 41,609 11,533

401,581 1,845,099

Current Assets
Stocks 277,148 315,373
Debtors 1,802,422 1,984,357
Cash at bank and in hand 44,086 25,048

2,123,656 2,324,778

Creditors:
Amounts falling due within one year (1,836,846) (2,151,185)

Net current assets 286,810 173,593

Total assets less current liabilities 688,391 2,018,692
Creditors:
Amounts falling due in more than one year (8,161) (13,400)
Provisions for liabilities and charges (101,057) (459,090)

579,173 1,546,202

Capital and Reserves
Called up share capital 401,133 401,133
Share premium account 7,859,888 7,859,888
Merger reserve 1,162,400 1,162,400
Profit and loss account (8,844,248) (7,877,219)

Shareholders' funds -
Equity interests 579,173 1,546,202


GROUP CASH FLOW STATEMENT
for the year ended 29 February 2004
2004 2003
# #
Net cash outflow from operating activities (581,454) (1,856,015)

Returns on investments and servicing of finance
Net interest (paid)/received (40,363) 13,443

Capital expenditure
Payments to acquire tangible fixed assets (74,291) (120,459)
Receipts from sale of tangible assets 842,133 6,949
Receipts from sale of investments 23,680 -

Net cash inflow/(outflow) on capital expenditure 791,522 (113,510)

Acquisitions and disposals
Purchase of subsidiary undertakings - (98,641)
Net overdraft acquired with subsidiary - (26,669)
Sale of trade and assets - 71,925

Net cash outflow from acquisitions and disposals - (53,385)

Net cash inflow/(outflow) before financing 169,705 (2,009,467)


Financing
Net advance on invoice discounting facility 289,175 -
Repayment of bank loan (5,239) (2,886)
Capital element of hire purchase contracts (272) (28,401)

Net cash inflow/(outflow) from financing 283,664 (31,287)

Increase/(decrease) in cash 453,369 (2,040,754)


RECONCILIATION OF OPERATING LOSS TO NET CASH OUTFLOW FROM OPERATING ACTIVITIES

2004 2003
# #

Operating loss (949,166) (2,491,311)
Exceptional reorganisation and business
integration costs - (185,592)
Provision for impairment in value of goodwill - 326,835
Amortisation of goodwill 15,935 -
Provision for impairment in investments - 3,750
Loss/(profit) on disposal of fixed assets 9,242 (5,449)
Profit on disposal of investment (8,756) -
Depreciation of tangible fixed assets 429,608 524,083
Provision for impairment in value of freehold property - 210,000
Decrease/(increase) in stock 38,225 (39,884)
Decrease/(increase) in debtors 324,435 (208,226)
(Decrease)/increase in creditors and provisions (440,977) 9,779

Net cash outflow from operating activities (581,454) (1,856,015)


RECONCILIATION OF NET CASH FLOW TO MOVEMENT IN NET DEBT
2004 2003
# #

Increase/(decrease) in cash 453,369 (2,040,754)
Cash (inflow)/outflow from (increase)/decrease in debt (283,664) 31,287

Change in net debt resulting from cash flows 169,705 (2,009,467)
Bank loan acquired with subsidiary - (24,945)
Invoice discounting facility acquired with subsidiary - (131,168)
Hire purchase obligations acquired with subsidiary - (28,673)

Movement in net funds/(debt) in the year 169,705 (2,194,253)
Opening net (debt)/funds (568,523) 1,625,730

Closing net debt (398,818) (568,523)


Contact
Warren Tayler Chairman 07850 085781
Herbert Maxwell Finance Director 07970 696746


This information is provided by RNS
The company news service from the London Stock Exchange
END

SueHelen - 07 Jul 2004 22:57 - 33 of 44

This one is well on track now after bottoming out in November 2003 at 1.50 pence. Fund Managers were selling their holdings at 0.50 pence in November 2003 and the price is flashing at 5.12 pence now.

SueHelen - 15 Jul 2004 00:14 - 34 of 44

RNS Number:6635A
Documedia Solutions PLC
08 July 2004

Documedia Solutions PLC
Holding(s) in Company

Documedia Solutions PLC (the "Company") today received notification that
Morningside Investments Limited of 22 The Drive, Sevenoaks, Kent TN13 3AE has a
notifiable interest under the provisions of sections 198-202 of the Companies
Act 1985 in 1,850,000 ordinary shares of the Company, representing approximately
4.61 per cent. of the issued ordinary share capital of the Company.


This information is provided by RNS
The company news service from the London Stock Exchange
END

HOLRPMPTMMBMBRI

SueHelen - 19 Oct 2004 11:33 - 35 of 44

RNS Number:2126E
Documedia Solutions PLC
19 October 2004



Documedia Solutions PLC

Disposal





Documedia Solutions PLC (the "Company") announces that its wholly-owned
subsidiary Documedia Solutions (UK) Limited ("Documedia") yesterday entered into
an agreement with Docuprint Limited (Docuprint"), part of the Avad Group
Limited, to sell to Docuprint the business of litho printing of business
stationery carried on at Documedia's Bury St Edmunds site. Under the AIM rules,
Docuprint is not a related party of the Company or Documedia.



The consideration payable by Docuprint was #425,000, payable upon completion
which took place yesterday. This sum was made up of #25,000 of goodwill,
#175,000 of stock and work in progress and #225,000 of plant and equipment.



In addition, Docuprint has agreed to pay to Documedia a consultancy fee for
ongoing services totaling #150,000 payable over three years, of which #61,000
became payable upon completion.



The consideration payable to Documedia will be used for working capital.



Commenting on the disposal, the Company's CEO Mark O'Connor said:



"This disposal marks the Company's clear intent to focus solely on further
expanding its successful e-commerce & digital based marketing and publishing
solutions businesses centered in London and Cheltenham. Docuprint will become
our preferred litho print vendor where we win print management contracts. The
Company's focus now is to expand aggressively our marketing services business
and utilise our technology to win more marketing & print management contract
opportunities."



Contact:



Documedia Solutions PLC



Mark O'Connor - CEO

Bertie Maxwell - Finance Director

020 7553 6600


This information is provided by RNS
The company news service from the London Stock Exchange
END

DISDGMMGLLVGDZG

SueHelen - 19 Oct 2004 11:36 - 36 of 44

LONDON (AFX)- Documedia Solutions PLC said its wholly owned subsidiary
Documedia Solutions Ltd has agreed to sell its litho printing of business
stationery to Docuprint Ltd, part of the Avad Group.
Docuprint will pay 425,000 stg for the business, which is based at a Bury St
Edmunds site.
The payment is broken down into 25,000 stg of goodwill, 175,000 stg of stock
and work in porogress, 225,000 stg of plant and equipment.
Docuprint will pay a consultancy fee for ongoing services totalling 150,000
stg over three years, 60,000 stg of which is payable on completion.
Docuprint is not a related company to Documedia.
newsdesk@afxnews.com
ec

SueHelen - 18 Dec 2005 11:00 - 37 of 44

Katencka.....this one rose by a 1000%.....as expected to. From 1 pence to all the way to 10 pence. Were you around ???

Dil - 18 Dec 2005 17:05 - 38 of 44

I thought they went bust like your other tips.

Scripophilist - 18 Dec 2005 17:17 - 39 of 44

If you roll a dice 1000 times one is bound to come up eventually. You just try not to talk about all the others.

Scripophilist - 18 Dec 2005 17:18 - 40 of 44

In the meantime you can ramp them so you can get out at a profit. If you worked for a newspaper you would end up in court.

SueHelen - 18 Dec 2005 17:19 - 41 of 44

Scrip' BSP rose by 900% from my 0.30 pence purchase.....my good uns have more than offset any bad ones. I repeat more than offset.

See Dil....now you start getting off with personal insults as there's nothing left for you to say in a more proper manner.

I'm loving this.....you getting wound up every day just by following me around. What has been months now.....everyone must agree that you must have a boring life.

Keep it coming.

SueHelen - 18 Dec 2005 17:22 - 42 of 44

Scrip....hello duh...been holding my lucrative DMR for long enough. What been 3 months now....its gonna happen but if you wanna take that attitude fair enough.

As a matter of interest all it should be the EVS, LGB and HHO, BSP threads u should be targeting.....what is it....ain't got the guts to shout at the big boys....is it u see me as an easy prey.

If you have the balls......then please post your views on EVS, LGB and HHO, and BSP threads.

Scripophilist - 18 Dec 2005 17:45 - 43 of 44

Already have Sue, DYOR!

You appear to have missed off you extensive list of real stinkers Sue. Perhaps that would provide a more balanced debate. Talk about stocks but don't let anybody pretend they are anything but massively speculative. Don't you feel guilty at how much money you have lost people by ramping stocks without warning of the risks?
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