Document Capture Technologies, Inc.(fka DCMT)

[gettingby]

Editable scanning right from your phone.

ABBYY PDF Transformer 3.0 is the ideal solution for anyone working with PDF files. This intuitive, versatile, multilingual tool enables you to easily convert PDF file of any type into editable formats with the original layout and formatting retained. In seconds, you can create a PDF file directly from Microsoft Office applications, combine multiple files from different sources into one PDF, or modify PDF files according to your needs — redact sensitive information, add stamps and bates stamps, turn your files into searchable and protected PDFs, or convert into PDF/A format for long-term archiving.

[savage138]

lol, yes thank you.

[gettingby]

Thanks CT. I didn't know you could read minds. lol

[confusedtrader]

Earnings on Aug 14.

Management to Discuss Growth Initiatives, Revenues and Future Outlook

http://www.streetinsider.com/Press+Releases/Document+Capture+to+Host+Second+Quarter+Earnings+Call%3A+August+14%2C+2012/7646910.html

[confusedtrader]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78076067

[gettingby]

Got it. I'll email Craig too. I really like Martin. He seems very connected. Probably intertwines sales too.

[gettingby]

I board marked it. Thanks! I remember you mentioning this one a while ago. I'll keep an eye on it.

[gettingby]

And I agree with management. It's nice to see that they keep branching out to more areas within the industry and offering a nice package to their employees to achieve maximum benefits. I solidly believe that if you treat your employees well, you will get back every penny of it.

I actually liked this part "we are rapidly expanding our product line into complete solutions with a unique combination of hardware, software, and web services."

I'm willing to still it out a little longer. Maybe it's time to get the word out depending on this quarter's revenues.

$DCMT

[confusedtrader]

ABTL is another stock that I trade. It is very cheap and will play out well in the long run. Earnings this week. You can add it to your watchlist. It is an acquisition candidate.

[confusedtrader]

1)ABBYY is a Russian company. Here are some details:
http://en.wikipedia.org/wiki/ABBYY

No idea what biz model they have with ABBYY.

2) Some info on Martin Boliek the CTO of DCMT
http://www.linkedin.com/in/boliek
http://www.facebook.com/boliek

3) Ask David a) on having any plans to do a buyback. b)why management is not buying shares in the open market if outlook is so rosy. c) To increase company awareness, maybe they can present/talk to http://www.singularresearch.com/ or http://www.redchip.com/

I sent him an email a couple of times and I didn't get a response. I guess the email link is not working. I do not have his direct email. I suggest better to call him in case, you don't have his email address and are planning on using the newsire email contact form. I used the latter and got no response from him.

[confusedtrader]

Nuance is a big company and can gobble up DCMT in a buyout scenario like a blue whale eating a plankton.

Thanks for the link

[confusedtrader]

Thanks for that link.

What I like about the link is that the company description has the word *profitable*.

"Document Capture Technologies (DCT) is a profitable organization with startup energy and growth"

Alas as they hire more people, the bottomline will be weaker despite topline growth. About a year ago, one investor at the earnings call was kind of asking where is the bottomline improvement? He was unhappy about the talk of topline growth without earnings improvement in a meaningful way. Mngmnt said they need to hire for new growth areas, for the future.

[gettingby]

Software Development Engineer for hire:

http://sfbay.craigslist.org/sby/sof/3172158515.html

[gettingby]

New listed partner. http://phx.corporate-ir.net/preview/phoenix.zhtml?c=110330&p=irol-stockQuote

[gettingby]

http://www.abbyy.com/finescanner_ios/

Since Abbyy is a partner with scanning technologies supplied by DCMT, I'm curious to see if DCMT is getting a piece of sale from every app, or received a 1 time payment.

I'm going to send David an email within in the next few days, if you have any questions, let me know.

I hope you're well too. With each new quarter in growth, I'm looking for a nice pop. I'm waiting this out for the next few quarters as well and then will re-evaluate my position if necessary.

Best to you too CT!

[confusedtrader]

A quick recap of what was said in the last earnings report.

////

DCT's financial position remains strong, with no debt, working capital in excess of $5.6 million in Q1 2012 versus $4.6 million in Q1 2011, and available borrowing capacity of $2.0 million. This is the Company's 10th consecutive same quarter year-over-year increase in revenues.

"Following record sales in 2011, DCT has once again posted gains year-over-year in revenue, gross profit, EBITDA and working capital," said David P. Clark, Chief Executive Officer of Document Capture. "The first quarter was a solid start to 2012 and has allowed us to continue our commitment to developing and expanding our product line and maintaining our industry-leading position in the market place. DCT has reached a point where we can substantially maintain our cost and fixed overhead, while continuing our growth, which we expect will in turn dramatically increase our bottom line in future quarters."

[confusedtrader]

An old interview with CEO of DCMT:

[confusedtrader]

Earnings should be out soon. Stock is frustratingly forming a pattern, it seems inclined to retrace back to 25 cents just before earnings.

Mngmnt should sell the company or do a buyback. There seems to be little interest in this company despite the apparent good execution of the last 2 years.

I will be out of DCMT. Giving it a few more quarters. If stock doesn't move up by next year, I'll sell and move on.

Hope that you are doing well gettingby.

[confusedtrader]

Back to 27cents, the low end of the trading range. Disappointing.

Wish mngmnt does a buyback. Stock has gone nowhere now for the last 2 years, despite biz seemingly being good.

[confusedtrader]

Thanks for ferreting the info.

Stock, looks like it wants to head to 20s again.

[confusedtrader]

Thanks. Crystal and DCMT have a deal to produce reports for DCMT.

[gettingby]

Partners:

http://www.abbyy.com/Default.aspx?DN=21fba483-528d-4933-a93c-8b9537a53345

http://www.accusoft.com/

http://www.newsoftinc.com/company/news_style.php?N_Id=154

[gettingby]

http://www.crystalra.com/blog/bid/178713/Devices-hurt-by-Obamacare-hospitals-win-Kraws-Replay-and-Transcript

"I think having your records anywhere digitally, all your records digitally, in case you ever got erased permanently is an issue but it's going electronic. And whether you're an Allscripts or an athena, or whether you're a Document Capture which is using scanners to take records and make them electronic- those guys who do handheld scanners and et cetera, don't forget about them. They're going to be big. How about medical schools? Is it going to be a good profession in terms of- I think it's bad news for medical schools. The reason it's bad news for medical schools is right now you're taking a lot of the innovation in healthcare, you're taking a lot of the treatment expertise and a lot of the discretion out of it."

DCMT is clearly mentioned in this interview.

[confusedtrader]

Back to 31 cents. Oh well.

[gettingby]

I can't PM you but simply...thanks!

[gettingby]

It's really not a bad booth. I was @ The Javits Center last Thursday for the BEA (Book Expo of America.)
I see a buyout of another subsidiary in document capture erupting.

[confusedtrader]

You are like a mouse, can ferret any information.

[gettingby]

Info360 booth #338 @ The Javits Center, NYC

http://s36.a2zinc.net/clients/questex/info360_OnDemand2012/public/floorplan.aspx?MapID=20&BoothID=111654&Booth=338

[confusedtrader]

Roaring 40s is what I want next

[gettingby]

There's your .40!

[gettingby]

"This annual event attracts business professionals and executive management seeking the latest technologies to capture, manage, share and store documents and digital content to support business processes,

as importantly, the conference tracks give us the opportunity to learn from an amazing array of the industry's leading IT Specialists"

It's nice to see they PR'd this. I didn't have to dig deep to find out that they attended. They have the $. Hopefully they'll be using some of it to expose this hidden gem.

[confusedtrader]

DCMT at Exhibit next week.

http://www.streetinsider.com/Press+Releases/Document+Capture+Technologies+to+Exhibit+at+info360+Information+Lifecycle+Conference+and+Expo+in+NYC+June+12-14/7501059.html

[confusedtrader]

I have racked up enough shares over a long time. Now would like to see a push past 40 cents. A buyback will certainly help.

[gettingby]

This is being revealed at the cusp between Q2 & Q3. I wonder when we'll see this in the filings.

[gettingby]

Your post cannot supersede anything I have to say! Actually, I like the fact that this has been under the wire so I can keep ranking up shares.

[confusedtrader]

This new partnership will likely lead to more products in the coming quarters.

Stock is back to 27 cents. Time for management to seriously consider a buyback as stock is trading close to book value. They did 2 buybacks that I know of. The last one was in Sept 2010.

[gettingby]

This is on the cusp of Q2-Q3 lines. I don't know where we'll see the profits from this.

[confusedtrader]

New product & partenership.

http://www.streetinsider.com/Press+Releases/Document+Capture+Technologies+and+DIGIEON+Announce+Strategic+Relationship+to+Automate+Data+Capture+Process/7495548.html

[gettingby]

http://www.murphyanalytics.com/uploads/DCMT_Update_8-18-10.pdf

and oldie but goodie...DCMT has the right to NCR's client list

[letsdothis]

Stopping by to find out what's going on here at DCMT....great weekend to all...$DCMT!

[confusedtrader]

Patent IP related news.

http://finance.yahoo.com/news/document-capture-technologies-dcmt-ip-142500384.html

[iPickle]

Mr. David Clark, DCT's CEO, added, "We find ourselves in a great position that the patent portfolio we've been building for years to protect our legacy business has strong relevance to new market opportunities that are developing through the advancement of technology, and our company is well positioned financially to take advantage of those opportunities. I'm looking forward to delivering to our shareholders continued record growth and taking advantage of new markets for our IP portfolio. These are exciting times for DCMT."

[confusedtrader]

Finally we close at 40 cents. Feels like stk price is heading higher.

[gettingby]

We've seen that every quarter has a new growth. We already know that they're working with NCR to get our full experience with ATM machines. Now with the introduction of more duplex scanners and their research in the cloud area, I actually anticipate more than that. (fingers crossed) $DCMT is certainly heading in the right technological direction.

With millions of cash on hand and treating their employees well, I think they've built a great team and it's showing...

[confusedtrader]

Management predicts rev and earnings growth for 2012 and beyond. Annual revenues will likely be around 20m for this year, nearly a double of 2009 revenues. Bottomline has also improved. They were in hiring/investment mode last year and that affected the bottomline despite the rev growth.

Yesterday's big volume was a positive. It was the biggest volume day since the NCR related buyback days, which ended in late 2010.
Chris Lahiji of LDMicro was on conf call. Good to hear new voices on conf calls.

A double to triple gain from here(30cents) is possible by EOY. But first a couple of successive quarters of good earnings are needed. OS and float are very small and big moves are possible.

NCR is a wildcard.

[Ole Broke Azz]

this looks like a very interesting situation

[gettingby]

A working capital of $5.6 million + $2 million in credit

[Ole Broke Azz]

No Debt!!!

[Ole Broke Azz]

Q1 EBITDA $77,000 with profit

[Ole Broke Azz]

1.7 million in gross profits in Q1