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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ptholden
- 25 Apr 2005 17:53
- 446 of 2787
A bit more work for CFA:
Fundamental-e Investments exploring fundraising after sale of Symphonix
AFX
LONDON (AFX) - Fundamental-e Investments PLC said it is currently exploring ways of raising additional funding to provide for future working capital needs and corporate development of the restructured company.
The company today announced it has decided to sell one of its two remaining businesses -- Symphonix Ltd.
The other remaining business, Wilson and Garden Ltd, is currently operating slightly below management's expectations. The board said Wilson and Garden will now form the platform upon which it intends to rebuild the company.
newsdesk@afxnews.com
Regards
PTH
arawli
- 25 Apr 2005 19:00
- 447 of 2787
Evening All
Emailed TR this morning asking him if everything was in results to do with JS/SB and got this reply also asked when website will be updated with intandem float :-
Andrew
In accordance with best accounting practice, we have provided for all known costs relating to 2004 in our accounts. This is not to say that unforeseen costs relating to these matters may arise in the future.
Mr Barclay and Mr Shaw continue to hold the warrants that they were awarded when the business (then called Abinger Investments plc) was established in 2001. These expire if unexercised in June 2006.
We do try and keep the website updated. Intandem is being added in.
Kind regards
Tony Rawlinson
EWRobson
- 25 Apr 2005 20:23
- 449 of 2787
andy: a good buy at .42p! Shown as a sell as below the mid-price of .43p; otehr buys going through higher. Good that you are building up a good rapport with TR; seems we can expect website to be updated regularly. Our resident financiers, og and sd (anagram gods or dogs!) can then do their number crunching and we are ahead of the game. May be og is the god (with the ability to multiply share prices) and sd is the dog!
Eric
stockdog
- 25 Apr 2005 21:56
- 450 of 2787
eric, maybe you are the insomniac, agnostic, dylexic that we've all been talking about, waking up in the middle of the night to wonder if there is a dog!
pth - let's get a bit more clarity on what exactly e-fundies plan to do before I build any numbers into my model, but this kind of repeat business from existing clients is obviously fundamental (sic) to the exponential growth of the business.
SD
stockdog
- 25 Apr 2005 22:03
- 451 of 2787
og - something I've been meaning to ask - any chance of a smaller scale 1D chart at the top here - say 50% of what it currently is? Also, any chance of 10, 50 and 200dma being on the same time scale and even overlaid. This is possible from moneyAM's new charts (9dma, 50dma and 200dma to be accurate, althoguht I prefer 25dma instead of 9dma if possible) - except I don't know how you place it within a post.
Just a thought.
SD
EWRobson
- 25 Apr 2005 22:38
- 452 of 2787
Just been looking at the chart for CFP and noticed something that is not clear from those above - better on the MoneyAM 6-month chart. There has been a trading channel from January until now with a 0.1p spread and rising gradient of just under 0.05p per month. Two options look likely, first, trading continues in this channel until June when we will be back to the 0.5p to 0.6p trading range. Alternatively, there will be a break N. as the resistance is tested again and broken. I suspect the latter! (surprise! surprise!). Reason is that we are back to the positive scenario of q3/q4 last year before the glitch but now with a leaner machine without the dead weights. It is also encouraging to see Rawlinson becoming more sensitive to the needs of investors: he will remain low key in forecasting terms, but business news is likely to be known well before we approach a trading statement on the half year in July. What sayeth the gods and dogs? Incidentally, sd, Honey is taking her role as dogmother to the new pup seriously, including the appropriate chastisement!
Eric
EWRobson
- 25 Apr 2005 23:18
- 454 of 2787
Well done, og; a lot clearer. Do I detect a golden cross in the offing? Loads of lolly anyway! Mind, haven't got my mind around this stochastic one; I wonder if that's one of sd's doggy tricks?
Eric
stockdog
- 26 Apr 2005 02:11
- 455 of 2787
Thanks -og. I've been using this one myself for a while now and been following what eric's pointed out above - a gentle but persistent upward channel, that may or may not be on the verge of break out up through the 200dma dragging the 25dam and 50dma with it in possibly a golden cross - but not sure if 200dma will be heading north by then. If SP takes a liitle longer to cross the 200dma, the 200dma will also be heading north by the time 50dma crosses it in a true golden cross which will be a stronger signal that we are up into the next range.
Pretty weak volume all round - could do with some more umph in this direction soon.
SD
moneyplus
- 26 Apr 2005 11:08
- 456 of 2787
Results now out--this one will probably sit quietly now for the next few months while the herd moves on to something else IMO-- gives time for us all to continue stake building!
moneyplus
- 26 Apr 2005 11:13
- 458 of 2787
The herd that caused the blips in the price--up-down-up! nice to see it staying up!!
EWRobson
- 26 Apr 2005 12:01
- 459 of 2787
I knew we had dogs; now we have cows. Prefer bulls, being one myself! Good at the stud! If you look at the volume graph, its been a trickle for a while. Nothing higher than 20mill volume for the last couple of months. For heaven's sake that only 80K. One heavy sales day and high volume without sp movement in January (i think the Griffin saga). I think the conclusion is that the sp will continue to meander slowly until there is a day of decent volume. MMs unlikely to be holding stock so sp will need to rise sharply to shake out sellers if just one substantial buyer comes in. The low key nature of TRs report has delayed this event: I personally think that the implied trading statement was good enough for the spurt to have happened if TR had not been so cautious. Understand why but frustrating none the less. It'll probably take the 200ma a couple of months to flatten out. The conclusion of all this is that a significant move is unlikely until July - there was no trading statement last July so may need to have some friendly pressure applied to extract one then. Grrrrrrrrrrrrrr - patience needed!
Eric
moneyplus
- 26 Apr 2005 12:34
- 460 of 2787
I agree Eric--better explanation than me.
moneyplus
- 26 Apr 2005 12:34
- 461 of 2787
I agree Eric--better explanation than me.
moneyplus
- 26 Apr 2005 12:36
- 462 of 2787
By the way--are you interested in MOI? I have been adding small amounts recently after reading the thread and looking up the company. could be a good one for you and your dog!
EWRobson
- 26 Apr 2005 12:54
- 463 of 2787
Thanks, moneyplus, looks interesting. I see there has been a recent placing which trades from 28th. How do you read that? See andysmith, on a bit of a run, has joined in. Lacking liquidity which is not unusual so may just watch it for a while. What does stockdog think - he'll be analysing it like a new bone; a particularly juicy one!
Eric
stockdog
- 26 Apr 2005 13:15
- 464 of 2787
Looking at MOI, but trying to be grown up about not chasing every shadow only to lose the bone in my teeth (not to mention gum recession, but that's another story of old folk!) At less than 1p it looks very pretty, but will the conversation after the first bout of fun be sustaining?
On CFP, I see it gently continuing along the midly upward channel of the last 4 months (from a floor of .25 through .30 and .35 to .40 and .45p) during which time the SP will stay ahead of its 25ma and 50ma and they will all meander across the 200ma, but I do not see a sharp break up through the 200ma until interims trading update hopefully in July (Although TR may well downplay this by omission and we will have to wait till September for the interims themselves). Unless, of course, fresh transactions and clients build as predicted or better and there are some sharp-eyed fund managers who spot it - but I think it's always going to be too small for institutional investors, while remaining attractive to professionals in and around the City.
Tuck away and look at at the weekend occasionally, but keep the client/transaction news floing in please.
SD
overgrowth
- 26 Apr 2005 13:24
- 465 of 2787
SD - your wish is my command.....
26 April 2005
ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH AIM RULE 2
ALL APPLICANTS MUST COMPLETE THE FOLLOWING:
COMPANY NAME:
Motive Television plc
COMPANY ADDRESS:
Windsor House
Barnett Way
Barnwood
Gloucester
COMPANY POSTCODE:
GL4 3RT
COUNTRY OF INCORPORATION:
UK
COMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY: Television programme production
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): ( ) ordinary shares of 1p each at a placing price of 3p each
CAPITAL TO BE RAISED ON ADMISSION:
(approximately #750,000)
FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:
Michael Pilsworth (Executive Chairman)
Ian Buckley (Finance Director)
Michael O'Rourke (Non-executive Director)
Leonard Ryan (Non-executive Director)
PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL
STATING WHETHER BEFORE OR AFTER ADMISSION:
Immediately following Admission:
(Setanta Sport (Irl) Ltd - 20.58%
Ian Buckley - 4.4%
Michael Pilsworth - 4.4%)
NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (G) OF THE AIM RULES:
None
ANTICIPATED ACCOUNTING REFERENCE DATE:
31 December
EXPECTED ADMISSION DATE:
11 May 2005
NAME AND ADDRESS OF NOMINATED ADVISER:
City Financial Associates Limited
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: The admission document will be available on any weekday (except public holidays) at the office of:
City Financial Associates Limited
6 Laurence Pountney Hill
London EC4R 0BL
DATE OF NOTIFICATION:
25 April 2005
NEW/ UPDATE (see note):
New
QUOTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING:
THE NAME OF THE AIM DESIGNATED MARKET UPON WHICH THE APPLICANT'S SECURITIES HAVE BEEN TRADED:
THE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED:
CONFIRMATION THAT, FOLLOWING DUE AND CAREFUL ENQUIRY, THE APPLICANT HAS ADHERED TO ANY LEGAL AND REGULATORY REQUIREMENTS INVOLVED IN HAVING ITS SECURITIES TRADED UPON SUCH A MARKET: