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.
|
|
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.
|

stockdog
- 15 Jun 2005 19:14
- 780 of 2787
OK, get your anoraks out, chaps. The price went from 40/50 to 45/53 at about 14.15hrs today. After that time there were the following trades:-
14:19 288,560 at .42 - definite sell either price level - also odd number of this size usually means sell
15:13 229,664 at .46 - probably sell ,but could just have been last buy at just above old mid price
15:27 250,000 at .52 - definite buy either price level
16:13 800,000 at .45 - broker selling to another to another broker short of stock at favoured rate
16:18 200,000 at .47- definite sell new price level
16:19 1,000,000 at .50 - T trade protected buy until completed in seveeral parts, but market got wind and raised the price before it was announced
16:21 250,000 at .52 - definite buy
16:30 500,000 at .45 - must assume this is a sell
16:13 800,000 at .46 - reported late although not marked so. I guess this is the broker who bought the 800k from a friend above concluding the sale to a client who commissioned him prior to price rise at a very favourable rate- so counts as a buy at the old level in fact
So total of 1,218,224 sells and 2,300,000 buys (broker to broker not counted as either) after price rise.
Of course the above could be total bollocks, but at least it would be the dog's bollocks!
woof woof
sd
ptholden
- 15 Jun 2005 19:54
- 781 of 2787
sd
that's two loads of bollocks (SEO thread) which means you now have a matching pair, or even twin a set!!
In the final anlaysis the SP went up the best part of 10% again, hopefully we can hold this for the remainder of the week.
What it does demonstrate however, is that the MMs do not have any stock apart from that they are buy on a daily basis. And why should they? MMs are not investors and do not generally have large quantities of stock on their books, particularly slow movers like DGT can be.
As this new momentum gathers pace, I would expect to see a few treeshakes along the way. There will be quite a few PIs sitting on nice profits now, (including myself actually) and may be panicked into selling. My only advice to all, is that I believe this is heading for at least 1p and possibly more. The SP will be woth that price based on the fundamentals at the H1 stage. Will that's AIMHO, but work it out for yourselves!!
pth
EWRobson
- 15 Jun 2005 21:49
- 782 of 2787
Well done pth and sd. Impressive new-found knowledge,doggy friend. Now get that cat-grin off your face; just as if you'd pinched the mog's cream! You get the impression that a base-camp is being laid for the ascent ahead. As for holidng on the shares after the rise: am approaching break-even an will probably keep total value at about the current level by cashing part; feel I can probably make the funds work better with SEO and ASC CFDs and can't trade DGT that way.
Eric
ptholden
- 15 Jun 2005 22:00
- 783 of 2787
Out of interest, just been having a look at the historical chart and the effect that expectation can have on this stock prior to results. Aug 04-Sep 05 saw the SP increase exactly 50% over that period. Food for thought?
pth
PS When I said i was sitting on a nice profit, I actually meant some of my holding, not all of it, although not far off break even now.
stockdog
- 16 Jun 2005 00:41
- 785 of 2787
v. funny snakey.
ptholden
- 16 Jun 2005 08:16
- 786 of 2787
nice start to the day!
pth
Ted1
- 16 Jun 2005 08:20
- 787 of 2787
Hey Deadfred is that you buying back in?
andysmith
- 16 Jun 2005 08:20
- 788 of 2787
Pete, wish I'd researched your tip in more detail. Might have some DGT next week when I have some funds. For once wish I had a dog in my portfolio to dump!
ptholden
- 16 Jun 2005 08:24
- 789 of 2787
andyS
I am assuming that this is the run up to the Interims, although possibly just other investors beginning to catch on. Most likely a bit of both. I hadn't really expected any surge until next month. Whatever ground we make now will be a real solid foundation for the real run up. I would expect a considerable rise during that period and also on publication, because as long as there are no gremlins in the Interims (can't think why there should be) they will be very good.
pth
egad
- 16 Jun 2005 08:34
- 790 of 2787
16th june
why the sudden burst of activity ?
.
stockdog
- 16 Jun 2005 09:10
- 791 of 2787
egad, indeed!
* X 250k buys may be part of one buyer seeking a substantial holdinig (probably eric topping up - lol!) - I expect they've been re-reading my forecasts on this thread.
anyway, very sexy start to the day after yesterday's foreplay
sd
stevieweebie
- 16 Jun 2005 09:45
- 792 of 2787
PTH
Maybe someone at shares has published an article based on youe e-mail.
Anyway wagons roll lol.
Now where's that darned Deadfred, more cheese and wine anyone, I have a nice Rioja to go with DF's humble pie LOL.
Stevie
sidtrix
- 16 Jun 2005 09:55
- 793 of 2787
up again... sell @ .58 now wooohooo
Damn nearly topped by @.37 earlier this month...urggggh INDECISIONS!!!!
I dont think people will sell this share untill it hits .75... then a few people will take some profit however the short term target for most is around 1p!
This share has so much potential to reach 1.40 by year end!
deadfred
- 16 Jun 2005 10:26
- 794 of 2787
snaky my man try putting pill in a little bit of butter then give it to your cat,dog or hamster they will swallow it without any problems
no need to chase the poor we thing
roflmao
just in case you make a mistuke this was only a suggestion
the dead
ptholden
- 16 Jun 2005 12:48
- 795 of 2787
Well, I go off for a morning of golf and come back and we have lift off!
Can't leave you alone for more than 5 minutes!!
Feeling rather happy, let's hope it this is just the beginning!
pth
ptholden
- 16 Jun 2005 12:51
- 796 of 2787
Just been looking at Shares Letters online and surprisingly my email was published. Expalins why we have so much interest today. Hope it is not self defeating!
pth
stevieweebie
- 16 Jun 2005 13:43
- 797 of 2787
PTh
What have I told you about the Golf.
Try tiger woods on X box an you can watch the monitor at the same time. LOL
Stevie
ptholden
- 16 Jun 2005 14:31
- 798 of 2787
Just in case we start taking this too seriously:
Three Wishes:
A Woman was out golfing one day when she hit the ball into the woods.
She went into the woods to look for it and found a frog in a trap. The
frog said to her, "If you release me from this trap, I will grant you
three wishes."
The woman freed the frog, and the frog said, "Thank you, but I failed to
mention that there was a condition to your wishes. Whatever you wish
for, your husband will get times ten!"
The woman said, "That's okay." For her first wish, she wanted to be the
most beautiful woman in the world. The frog warned her, "You do realize
that this wish will also make your husband the most handsome man in the
world, an Adonis whom women will flock to."
The woman replied, "That's okay, because I will be the most beautiful
Woman and he will have eyes only for me." So, KAZAM-she's the most
beautiful Woman in the world!
For her second wish, she wanted to be the richest woman in the world.
The frog said, "That will make your husband the richest man in the
world. And he will be ten times richer than you."
The woman said, "That's okay, because what's mine is his and what's his
is mine." So, KAZAM-she's the richest woman in the world!
The frog then inquired about her third wish, and she answered, "I'd like
a mild heart attack."
Moral of the story: Women are clever. Don't mess with them.
Attention female readers: This is the end of the joke for you. Stop here
and continue feeling good.
Male readers: Please scroll down.
The man had a heart attack ten times milder than his wife!!!
Moral of the story: Women think they're really
smart. Let them continue to think that way and just enjoy the show.
PS: If you are a woman and are still reading this; it only goes to show
that women never listen!!!
Forward this to all the guys for a good laugh, and to all the ladies who
have a good sense of humour.
Now aren't you glad you didn't delete.;-)))))