Good morning all,
Nothing really jumps out at me this morning, so just two quick mentions.
First, there is an RNS Reach (i.e. non-material) from Dillistone (LON:DSG), the recruitment software company.
http://www.investegate.co.uk/dillistone-group-plc--dsg-/rns/launch-of-filefinder-anywhere/201409010700244334Q/
pleased to announce the launch of FileFinder Anywhere, the next generation of the FileFinder Executive Search Management System. FileFinder Anywhere is a suite of products, all of which interact to give users of the FileFinder system the ability to access the database from virtually any modern device.
The company is worth taking a look at. It has grown revenues from £4.6m in 2008 to £8.1m for 2013. In that time, EPS rose from 5.8p to 6.9p. Dividends have edged ahead slightly in that time and 4.2p is forecast for this year, meaning a yield of 4.1%.
Otherwise, I've recently noticed the decline in the share price of restaurant chain Richoux (LON:RIC). According to my graphs, the shares are now at a 12-month low. The company runs four restaurant brands: Dean's Diner, Zippers, Villagio and Zippers.
It seems that the attempt to roll-out Villagio has stalled. The Chiswick branch, opened in March 2014, has bitten the dust:
http://www.chiswickw4.com/default.asp?section=leisure&page=convalentina001.htm
obviously this undermines confidence in Richoux's abilities. Recent results suggest that Villagio was the weakest of the four. With just two sites, is Zippers also a dud? Dean's Diner is being rolled out slowly but Richoux has been stuck at four sites for quite awhile, albeit trading very well.
AIM Prospector featured the company in the April edition here:
http://issuu.com/aimprospector/docs/issuu_magazine/c/slc24ex
AIM Prospector will be emailed to subscribers today and published to the rest of the world tomorrow. Sign-up at www.aimprospector.co.uk to get your copy today.
David O'Hara
Editor, AIM Prospector
Dillistone appears to be a solidly run company - Paul Scott has positive comments on having met the directors last year. Seems to have a steady growth profile and a good dividend yield. (Thanks to Paul for covering this one as he was the only commentator I could find on DSG last year -this paid off as I joined Stockopedia as a result - a real win:win)
I dropped out of this one following the slightly negative AGM trading statement but I expect the growth to continue and share price to challenge it's previous highs on 125p last November.
Certainly one for the moderately patient investor with a dividend sufficient to compensate whilst waiting for some positive price movement. The uptick today might be the start of that !?
