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What is your opinion on UAHC?
CEO bought a lot recently. Plus they paid 10m for Pulse. Mkt cap almost 0 now.
http://www.sec.gov/Archives/edgar/data/867963/000120919111036825/xslF345X03/c19426_4x0.xml
Research report on DCMT
http://crystalra.com/pdf/DCMT_2Q2011_08-24-2011.pdf
Mgmnt is optimistic about the Microtek deal. Said similar partnerships news will be announced soon.
You have listed most of the salient points of the conf call.
If you look at the long term chart, we are very close to historic bottoms. I will be buying more if it dips to 20 cents or there.
http://www.google.ca/finance?q=dcmt
Yes no debt. Cash typically has been near 1.5m and that combined with the other hard assets (inventory + recv - payables) brings the book value to 20 cents. With strong biz visibility for many qtrs, I think downside is limited from here.
At the conf call, they said they already recd. several significant followup **reorders** from the OEM partner that is supplying to a financial institution. The original order was announced in May and mngmt had called it a game changing order.
4m in assets (cash + inventory + receivables) - payables.
Market cap 6m at .30
News. Released today. MicroTek to sell DCT products in China/Taiwan and Asia
http://finance.yahoo.com/news/DCT-Completes-Exclusive-iw-2341745732.html?x=0
This relationship combines two global leaders in the design, development and production of image capture technologies and opens significant global revenue opportunities through the strong local sales and marketing presence of each partner. Microtek is the market leader in Asia with 1500 sales locations and 90 service centers in China.
"This partnership is undoubtedly one of the most important in DCT's history," said David P. Clark, Chief Executive Officer of Document Capture. "Microtek is the industry leader in Asia both in sales and technology. With this bilateral arrangement, DCT gains an unparalleled foothold in the fastest growing economy in the world. We at DCT look forward to this partnership both for the Company and our shareholders."
Each company will share technologies and R&D to ensure that current and future products for each territory are focused on customer needs so as to maximize sales.
"This exclusive bilateral arrangement with a company of DCT's quality is well structured to benefit both parties," said Benny Hsu, Chairman of Microtek. "We look forward to adding DCT's impressive product lineup to our own and deploying them throughout our significant sales channels in Taiwan and China that we have strategically developed over the last 30 years."
Only one caller and he urged mngmnt to focus on profitability. Their response was for the remainder of the year they will be continuing to invest. They expect getting back to profitability very soon in several qtrs.
News. NCR gets largest ATM deal in China.
http://www.streetinsider.com/Press+Releases/NCR+Secures+Largest+Ever+ATM+Services+Deal+in+China/6715188.html
Thanks. Looks like the company is executing well. Hopefully the stock will perform better in the second half of 2011 and beyond. Let's see what they say on Monday in the conf call.
Earnings Monday after hrs. Looking forward to it.
http://finance.yahoo.com/news/Document-Capture-Host-Second-iw-3170574285.html?x=0&.v=1
News. New large order.
today announced that the Company has secured a substantial order from a global technology company for three separate and distinct products to be sold through North American retail sales channels including major office supply chains and electronic specialty retailers.
Today's order announcement, the largest in DCT's history, further expands the Company's relationship with this existing client. Delivery of this purchase order is scheduled for Q4 2011. This client is expected to place further orders and to expand the sale of DCT products globally. DCT expects this and future orders to significantly contribute to the Company's ongoing revenue growth.
The customer, a Fortune 500 constituent, posts more than a billion dollars annually in revenues and is one of the world's premier providers of state-of-the-art imaging products for the home, home office and office.
"As I stated going into 2011, DCT is committed to further expanding established client relationships, sourcing the best new clients and securing significant new orders that markedly extend our rapidly growing exposure throughout domestic and international markets," said David P. Clark, Chief Executive Officer of Document Capture. "This substantial order evidences the successful execution of our aggressive business plan to grow revenues in multiple sectors thereby adding compelling and consistent shareholder value. We anticipate additional significant orders from this client in 2011 and beyond."
http://finance.yahoo.com/news/DCT-Secures-Largest-Order-iw-4010724372.html?x=0&.v=1
What are your expectations/optimism for the upcoming qtrs? Stock has taken a beating with the rest of the mkt.
Thanks
That feature has been around atleast since 2009.
http://www.fivecentnickel.com/2009/03/02/bank-of-america-atm-deposit-images-available-online/
http://learn.bankofamerica.com/products/money-management/deposit-image-atms.html
Wonder if DCMT scanners are used in Bank of America's ATM machines.
Could this be the huge order that mgmnt recently discussed?
For how long have these kind of ATMs (those that scan and print deposited checks on receipts) been available in US? Is this a new thing and BOA the first bank to give this feature?
Earnings should be out soon. Guidance for rest of the year may be strong because of the recently announced big order to a financial insitution. Let's see what happens. Bought some at .30cents today. Looking to buy more in low 20's.
Strong 2011 expected.
"As a result of initiatives commenced last year, 2011 will undoubtedly be a major growth year for the Company," stated David P. Clark, Chief Executive Officer of Document Capture. "Jacques brings exactly the kind of experience, expertise and leadership to ensure that our exceptional quarterly and annual sales growth seen in 2010 will be significantly expanded upon into 2011 and beyond."
Source:
http://finance.yahoo.com/news/Document-Capture-Names-iw-3578917072.html?x=0&.v=1
XXStockWatcherxx and Captain, DCMT is back to the dreaded 40's and 30's. Need to spread info on MITK board. Atleast get other potential investors interested. MITK was trading at these prices and is now at 6$. MITK is a RDC company like DCMT.
Murphy Analytics report:
http://www.murphyanalytics.com/uploads/DCMT_Update_8-18-10
DCMT is thinly followed. It needs to be discussed on MITK board to increase awareness. MITK is a RDC company like DCMT that has soared this year.
Loaded DCMT on today's pullback.
1) NCR has taken a huge stake recently in DCMT.
http://www.sec.gov/Archives/edgar/data/1096857/000119312510277486/0001193125-10-277486-index.htm
2)Company is doing buyback
http://finance.yahoo.com/news/Document-Capture-Board-iw-4009406350.html?x=0&.v=1
3)Recent article on DCMT:
http://www.cpreports.com/?p=675
4)Small float and OS.
5)Check recent earnings.
http://finance.yahoo.com/news/Document-Capture-Continues-iw-3088787822.html?x=0&.v=2
I think you need to factor in the preferred shares in your calculations.
For many years now, the dividend on preferred shares has been eating all income. Nothing left for common shareholders.
Long time shareholders any thoughts on the preferred shares?
There are 10m of these and they are senior to the common.
Earnings information for last quarter.
http://www.sec.gov/Archives/edgar/data/1363958/000114420410059631/v201288_10q.htm
More on BlackStreetCapital & WCRS
http://www.blackstreetcapital.com/Portfolio/WesternCapital.asp
Blackstreet Capital Buys Into Western Capital Resources http://www.ethiopianreview.com/news/65651