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Tuesday, 2 July, 1:15pm
DSW Capital, a profitable, mid-market, challenger professional services licence network and owner of the Dow Schofield Watts brand, is holding an online presentation for investors and analysts at 1.15pm on Tuesday, 2 July 2024, as part of its Full Year Results roadshow.
During the presentation, James Dow (CEO) and Pete Fendall (COO & Interim CFO) will run through the Group’s trading and performance in the year to 31 March 2024, before finishing with Q&A.
To attend, register here: https://bit.ly/DSW_FY24_results_webinar
I am Craig and have been topping up over the year. Too early to call on why or iff/how the FD's departure will affect the company and its plans. The objective at float in Dec '21 was to drive growth five fold to c£100m mkt cap over the coming years. Current worth is half of float but environment against it. I'm down but the potential upside in 3/4 years if even £50m cap is achieved would be satisfying and lucrative. Good luck to our company
DSW Capital CEO, James Dow, and Deputy CEO, Nicole Burstow present results for the six months to 30 September 2023, followed by Q&A.
Watch the video here: https://www.piworld.co.uk/company-videos/dsw-capital-dsw-interim-results-2024-presentation-november-23/
Or listen to the podcast here: https://piworld.podbean.com/e/dsw-capital-dsw-interim-results-2024-presentation-november-23/
Monday, 27 November, 1:00pm
James Dow, CEO & Nicole Burstow, Deputy CEO will run through the Group’s current trading and performance in the six months to 30 September 2023, before finishing with Q&A.
Register here: https://bit.ly/DSW_H124_webinar
#DSW Capital present full year 2023 results followed by Q&A with CEO and CFO, who outline the business model and the results, followed by investors questions during the live webinar.
Video: https://www.piworld.co.uk/company-videos/dsw-capital-dsw-fy23-results-presentation-july-2023/
Podcast: https://piworld.podbean.com/e/dsw-capital-dsw-fy23-results-presentation-july-2023/
Monday, 17 July, 11:45am
DSW Capital, a profitable, mid-market, challenger professional services licence network and owner of Dow Schofield Watts brand, is announcing its full year results for the year ended 31 March 2023 on Thursday, 13 July 2023. As part of the Group’s results roadshow, the management team, James Dow (CEO) and Nicole Burstow (CFO), will host an online investor presentation and Q&A.
Register here: https://bit.ly/DSW_FY23_webinar
Currently at historical lows, great price to get in at.
Expected to return to growth.
Over £4 million in cash against a market cap of £13 million.
Zero debt.
Director buys.
Small divi.
Fee earners increased to 97, return to growth this financial year.
Fee earners increased from 88 to 97 in the Period, with five additions in the first half of FY23 and a further four in October 2022. Existing licensees took a prudent approach to recruitment in the remaining part of the Period, given the uncertain economic outlook. The Board remains confident, however, that recruitment opportunities for partners should improve as FY24 progresses. A slowdown in activity often provides a catalyst for ambitious professionals to change firm, in order to take advantage of the pickup in activity following a lull. In addition, this environment creates push factors which will generate an increase in candidates open to a move. DSW remains a desirable place to work for ambitious people who want to grow their own businesses.
Anyone else invested in this ?
Director/Owner buys this year too.
These are an absolute bargain at these prices, over 4 million in cash with a market cap of 13 million, Zero debt.
Suprised this one’s under the radar.
Appears to have found support when the bid hits 65p, bounced off a few times now, I think the bottoms in. There’s been a steady seller for some time and that appears to have dried. There is a market, I can now sell volume at above the bid which suggests a change. I can see at the least some stabilisation, any positive news will help to move this back towards £1.
Another buy from original founder/owner James Dow…..signs are there, bet he can’t believe his look buying back at these levels. This is a very nice buy imho.
Interesting one this. Fresh from the Seraphine win, looking for something new and this couldn’t be more different. Listed at 100p, went as high as 125p now at 70p. Warned recently of sluggishness and delays in M&A having an impact on income. The franchise model is neat though, although recruitment has slowed for now. They are looking for Top 4 teams to breakaway, DSW incentivise and support. More will come in time, DSW earn 15% of fees for little risk. M&A fees will come back. Previous owner still has 15%, buying more recently on the fall. Dare I say, if this languishes at these levels, they may take private again at a price north of here. Seraphine was twitchy, this is much much less so. There’s 50% at least in this IMHO for patient punters, I’ve tucked a tidy sum in. Lets see…
I'm assuming this is just under the radar and will get it's moment in the sun one day! I'll keep adding.
If that second RNS doesn't show commitment and confidence then I'm not sure what else they can do...
Revenue expected to be the same as 2022... So assuming they pay the same divided that would be around 7%. They're also saying that there are delays not cancellations in contracts so the start of 2023 is likely to be very positive. People have read this news wrong IMO.
Last post and I'll get on with some work... The volume this morning doesn't justify the 20%+ drop. There may be a big sell order that's being filled or something but once the majority of investors actually read the update and see the price I think they'll be adding to their holdings.
Going all in with another 6284 shares. I can sit on this for some time if needed. There are so many companies out there with market caps many multiples of this while having huge debts, no hint of a dividend and next to no income. This seems like a no brainer.
"Timing on transactions in the Group's M&A focused service lines, which comprise 70% of its services, will largely dictate the full year outturn. The quality of the opportunities pipeline is good but the completion timelines are longer than previously anticipated."
Yea, this drop is a massive over reaction IMO. Looking at revenue similar to 2022 on paper but this is only because some of the deals will be delayed (not cancelled).
From what I can see from the previous reports they're quite open about the numbers so I suspect "not meeting market expectations" wont be as bad as this is being taken.
Seems too good to be true so I've picked up 1091 shares for now. See how it goes. The spread isn't as bad as advertised.
With the amount of cash in the bank, money coming in, current market cap etc this appears to be a fairly sensible bet even without knowing what the company actually do. Good to see a recent dividend too! Doing a bit of research here.
DSW management, James Dow, CEO and Nicole Burstow, CFO present interim results for the six-month period ended 30 September 2022.
Video: https://www.piworld.co.uk/company-videos/dsw-capital-dsw-interim-results-2023-presentation-november-2022/
Podcast: https://piworld.podbean.com/e/dsw-capital-dsw-interim-results-2023-presentation-november-2022/
Thursday 1st December, 1pm.
James Dow, CEO and Nicole Burstow, CFO will present their interim results, followed by a Q&A.
Register here: https://bit.ly/DSW_HY23
DSW management, James Dow, CEO & Nichole Burstow, CFO present maiden full-year results for the period ended 31 March 2022.
Video: https://www.piworld.co.uk/company-videos/dsw-capital-dsw-full-year-2022-results-presentation-july-2022/
Podcast: https://piworld.podbean.com/e/dsw-capital-dsw-full-year-2022-results-presentation-july-2022/