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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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butane
- 26 May 2005 09:07
- 629 of 2787
I concur with the views of SD and OG, theirs, and others, detailed analysis of CFA leave me with little or nothing to add. I am now more confident than ever that my investment in CFA is solid and i very recently added another 500k to my already large holding.
Patience is all that is now required, i must have plenty of that as i have been in CFA from the days when they were known as 'Abinger' (i paid 1.5p!), approx four years ago!.
corehard - 26 May 2005 09:40 - 630 of 2787
Always believed we would be in for the long haul... and did not expect too much from yesterday anyway. Actually thought we might have had a slightly more negative consensus.
Considering what has happened over the past 6-8 months TR has maintained an even keel post appointment; OK! he may not have attended to private investors as much as we would like, but his actions seem to suggest he's at least dedicated to the cause.
Perhaps an odd email or telephone call wouldn't go astray just to remind him of his "quiet" supporters in the background.
IMHO still think this is on track, and gradual but steady improvement is all we can hope for in the short term.
ptholden
- 26 May 2005 16:05
- 631 of 2787
Martin Shelton calls in administrators
AFX
LONDON (AFX) - Martin Shelton Group PLC, the Leeds-based promotional gifts provider, said it appointed two partners at Kroll's Corporate Advisory Restructuring Group as joint administrators of the group.
The company said while it is set to make a profit by the year end, the seasonal nature of the work means it has recently been making losses. It also pointed out it has already received expressions of interest in buying the business as a whole.
Commenting, Peter Holder, one of the Kroll administrators, said: 'The Martin Shelton Group has been trading for over 20 years and has a strong customer base. Although at an early stage, we are hopeful that we will be able to find a buyer for the business.'
He added that while options for the business are being investigated, it continues to trade and no redundancies have been made at this stage.
stockdog
- 26 May 2005 16:19
- 632 of 2787
Seems like they must have failed to achieve this fund-raising, so Sheltons goes into administrastion and CFP loses 15k plus broker's commission (which I had not yet allowed for in my model, so down only 15k).
sd
overgrowth
- 26 May 2005 17:08
- 633 of 2787
overgrowth
- 26 May 2005 19:12
- 634 of 2787
I've asked IanT if we can just transfer over the current thread, as I don't want to have to start a new one and lose all the recent postings - I'm not able to edit the header title or EPIC. We should have something tomorrow either way.
EWRobson
- 26 May 2005 23:54
- 635 of 2787
sd will be disappointed that its DGT, not DOG. Never mind, Dog's Grub Time, Dog Gorges Toad-in-the-hole, Dog Gouges Trousers. Opportunties are endless for fertile doggy brains.
Hope we can find you tomorrow, og!
Eric
butane
- 27 May 2005 08:23
- 636 of 2787
corehard - 27 May 2005 08:35 - 637 of 2787
OG - Good if we could maintain existing thread - if not would copy and paste work ?
Walktall - 27 May 2005 09:20 - 638 of 2787
Is anybody else having this problem?
WT.
jemadi - 27 May 2005 09:39 - 639 of 2787
Jem
ptholden
- 27 May 2005 13:24
- 640 of 2787
overgrowth
- 27 May 2005 13:34
- 641 of 2787
butane
- 30 May 2005 19:39
- 642 of 2787
This is Money
27 May 2005
LONDON is likely to see a heavy flow of new stock market listings this year after its junior Aim market helped Britain attract more flotations than any other country last year, according to a new report.
Accounting firm Ernst & Young's Global IPO survey said a lot of firms prepared for an initial public offering (IPO) last year that didn't arrive.
'Despite the rush last year, there is still a backlog of good quality, rather than immature companies, waiting to come to market,' said David Wilkinson, UK IPO leader at Ernst & Young.
'These are businesses the market can be comfortable with, having properly developed business plans and already demonstrating strong profitable growth,' he added.
Ernst & Young said the global outlook was less clear after a modest number of international IPOs in the first quarter of this year and as uncertainty over oil prices, the new European prospectus directive and an overheating Chinese economy dampened optimism outside the UK.
The survey said there were 1,516 flotations globally in 2004, which raised $124bn of capital, with every major region showing an increase in activity. It said last year was the first time since 2000 that both the number of IPOs and the total capital raised increased.
Ernst & Young said the UK topped the list in terms of number of IPOs with 191 -- just ahead of 185 in the United States -- as Aim attracted small-cap firms at home and overseas.
US IPOs raised over $35bn, however, far above the $6.8bn raised in the UK. 'So far, Aim has done a conspicuously good job of running a less stringent regulatory regime without compromising its reputation,' Wilkinson said.
He said another key development was that more companies were simultaneously preparing for an IPO, a trade sale or venture capital/private equity round.
overgrowth
- 31 May 2005 08:53
- 643 of 2787
Good quality companies normally are looking to launch with a sizeable placement to expand their existing successful business models.
If Dowgate can pick up a few of these as broker, then we'll be looking at some very tasty commission indeed.
Overall very good news also as it confirms that AIM is going from strength to strength and Dowgate are in a great position to gain plenty of new business.
ptholden
- 31 May 2005 18:27
- 644 of 2787
pth
ptholden
- 01 Jun 2005 07:49
- 645 of 2787
National Express Group PLC
01 June 2005
Wednesday 1 June 2005
National Express Group PLC
National Express Group purchases the London Bus Division
of Tellings Golden Miller
National Express Group PLC ('National Express') has agreed to purchase the
London Bus Division of Tellings Golden Miller PLC ('TGM'), an AIM listed
business, for a cash consideration of 20.4 million to be funded from existing
funds. The sale is subject to the approval of TGM shareholders and is expected
to complete on 17th June 2005.
TGM's London Bus Division, which is operated through two subsidiaries, TGM Buses
and TGM Middlesex, had a turnover of 23.9 million and an operating profit of
2.1 million in the year ended 31st December 2004. As at 31st December 2004,
TGM's London Bus Division had net assets of 4.8 million and debt liabilities of
2.7m.
TGM's London Bus Division operates 16 Transport for London contracts and a small
number of contracts in Surrey. As part of the sale, National Express will
acquire the TGM depot facilities at Twickenham, Hayes and Byfleet.
The acquired businesses will be merged into the existing National Express London
bus operations under the management of Travel London's Managing Director, Paul
McGowan.
Commenting on the transaction, Phil White, Chief Executive of the National
Express Group said: 'We are delighted to have acquired TGM's London bus
division. Since we entered this market in February 2004 we have been looking to
increase our market share. This transaction will double our presence in the
London bus market. I welcome TGM's employees to the Group and look forward to
integrating the business and expanding further our London bus operations.'
- E ND S -
Notes to Editors:
National Express Group entered the London market in February 2004 through the
acquisition of Connex Bus. The division currently operates out of three London
depots in Battersea, Croydon and Walworth.
For further information:
Adam Walker
Nicola Marsden
National Express Group PLC 020 7529 2000
Andrew Dowler/Ben Foster
Financial Dynamics 020 7831 3113
corehard - 02 Jun 2005 10:30 - 646 of 2787
butane
- 03 Jun 2005 12:09
- 647 of 2787
03 June 2005
Dowgate Capital Plc
Director's Shareholding
1. Name of company
Dowgate Capital Plc
2. Name of director
Anthony Paul Rawlinson
3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or
in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial interest
As in 2 above
4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them (if
notified)
Anthony Paul Rawlinson
5. Please state whether notification relates to a person(s) connected with the Director named in 2 above and identify
the connected person(s)
N/a
6. Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and
if discretionary/non discretionary
Purchase
7. Number of shares/amount of stock acquired
1,250,000
8. Percentage of issued class
0.2%
9. Number of shares/amount of stock disposed
N/a
10. Percentage of issued class
N/a
11. Class of security
Ordinary Shares
12. Price per share
0.36 pence
13. Date of transaction
2 June 2005
14. Date company informed
2 June 2005
15. Total holding following this notification
22,750,000
16. Total percentage holding of issued class following this notification
3.68%
17. If a director has been granted options by the company please complete the following boxes
N/a
18. Date of grant / Date of notification
N/a
19. Period during which or date on which exercisable
N/a
20. Total amount paid (if any) for grant of the option
N/a
21. Description of shares or debentures involved: class, number
N/a
22. Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise
N/a
23. Total number of shares or debentures over which options held following this notification
N/a
24. Any additional information
None
moneyplus
- 03 Jun 2005 12:38
- 648 of 2787
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