14 February 2013: “Digital Globe Services, Ltd (DGS), a leading provider of outsourced online customer acquisition solutions for large, consumer-facing corporations, is pleased to announce at 0800 today the admission to trading on AIM… at the placing price of 159 pence per common share… The Resource Group International (TRGI), the selling shareholder”. 21 October 2016: “The independent directors and TRGI are pleased to announce that they have reached agreement on the terms of a recommended cash offer for DGS… shareholders will be offered for each DGS Share: 60 pence”. You what?!?…
“Digital Globe Services (DGS), a leading provider of digital marketing solutions for large, consumer-facing organisations, is pleased to report its final results for the year ended 30 June 2016”. Hmmm, the shares are currently more than 17% lower, at 38p, in response…
Provider of customer, lead, and inquiry acquisition and digital media services, Digital Globe (DGS) commences a “Trading Update” noting that it “expects to deliver revenue for the year of approximately $48.0m (FY15: $40.3m), marginally ahead of market expectations”. Good, good … “gross margins experienced compression in the second half of the year due primarily to increased marketing spend”. Uh oh…
While at first glance it may appear that shares of Digital Globe Services (DGS) are somewhat strangely placed on their daily share price chart in recent months, it does look as though we have a bona fide recovery / bargain hunting situation on our hands here.
Having joined AIM at 159p a share just over two years ago and closed yesterday at 130.5p (capitalising it at more than £39 million), shares in Digital Globe Services (DGS) have currently more than halved today on the back of results for the six months ended 31st December 2014. The following reviews…
Search ShareProphets |
Recent Comments |