It looks as though LG are in the process of agreeing a damages settlement with DDD before the case gets to trial. From the Court minutes:
OCT 16: The Court continues the status conference to October 26, 2017 at 8:30 a.m. The parties are advised that the status conference will be vacated and no appearance will be required provided that a Stipulation to Dismiss, with a proposed order, is filed by noon on October 24, 2017.
OCT 2: Court and counsel confer. Settlement is being finalized. The Court continues the status conference to October 16, 2017 at 8:30 a.m. The parties are advised that the status conference will be vacated and no appearance will be required provided that a Stipulation to Dismiss, with a proposed order, is filed by noon on October 12, 2017.
We are managing an aftermarket for DDD Group post AIM, so should anyone wish to get involved on the trading side, simply keep track of the price and/or keep up to date with developments at the company, then you can do so by registering on our platform. It's free to register and will literally take you 30 seconds.
You will have undoubtedly noticed that the share price came off dramatically when DDD initially announced they wanted to come off market but sadly that's just the nature of the beast. Does that mean that the shares should be worth c.-80% simply because AIM has served it's purpose.....absolutely not. Market makers pull the price and seemingly everyone wants out simply because most institutions won't hold onto unlisted stock coupled with the fact that investors see the last days of trading as the only opportunity to cash out.
Essentially that's why we exist; to provide liquidity in private company shares.
Along with DDD Group, we manage a trading facility for six other firms who also chose to delist from AIM and the ISDX. The other fifteen odd companies we look after are made up of private companies who either do not need to raise cash so can't see the point in listing on the public markets as well as a couple who are treating Asset Match as a training ground ahead of an IPO.
Apologies for the rather long winded post but I just thought it would keep you shareholders in the loop.
If you need any help or have questions then please don't hesitate to get in touch.
A forgotten thread, lol! But at the current price a great gambling stock. Either treble/quadruple your money in a few weeks or so, or lose your stake (though a stop-loss means you don't even have to lose all of it).
Second significant purchase this week. No smoke without fire?
DDD Group plc (AIM: DDD; OTCQX: DDDGY; "the Company") announces that on 14 November 2013 it has been notified that Mr. Bob Morton increased his holding from 5,150,000 to 6,250,000 ordinary shares in the Company, currently representing 4.35 per cent. of the issued ordinary share capital of the Company. End
How long is their cash going to last at the current rate of losses?
The full impact of the PC downturn has not yet been felt. The figures released are only up to end of June. The royalties are forward looking as they will be based on wholesale/distributor sales and not retail sales. The PC sales are still falling fast as tablets and smart phones take over. It won't be long before the revenue stream from PCs dries up completely. The cash burn should increase to quite a fast pace.
My guess is that the next six months to a year will be critical in DDD's survival.
I saw a broadcast on Friday evening that said that ticket sales for 3D films are expected to fall for the first time in 4 years. At the Venice film festival there are 72 films being shown and marketed. Only 2 are 3D making this year the lowest for years.
Yes...why oh why..i really wish they would stop behaving like fools, etc ...
I had previously top-sliced and left profit in from earlier dealings. I have been taken out today. Oh well... preservation of Capital.
(slightly) interestingly it shows up as an ordinary trade...hmm. AIM etiquette ? We are pawns.
I'd love to join the Haystock/Zipless rant and drive the price lower for the inevitable bounce but...nah. Really if you get to that kind of level, it's not worth it ... and still the " Strong Sell?" Get a life.
GLA the sun is still shining and the world is not flat....
The drop in share price seems pretty sensible. There is a massive drop in projected revenue. Peoplare claiming 3.7m in cash. Well it is 3.5m and its dollars. To make it worse that was at end December eight months ago. With the revenue dropping so much, how much cash is left now.
Why did DDD issue a statement on June 11 saying trading was in line with forecasts and then issue a revenue warning just two months later.
Apologies for Friday nights wine grammer (!) and to Sumperk ....didn't mean to compare you to Mr Haystock and his many aliases .... that's a terrible thing to do.
Interesting point in the trading update about DDD being involved in 2D Video streaming though.... Bandwidth is going to be a huge problem in the very near future, and anything that can trim it down without any apparent quality loss will be a definite winner. We'll see...
Something is going on with this shareprice... even with the slow down of PC sales it's hardly breaking news. If the idea of 3D is not so sexy to big Investors as it might've been a few years ago, there still is a huge market out there. Tablets and phones are the new "PC" and are much more suited to glassless 3D viewing than Televisions on the other side of the room....
DDD....No debt, wide variety of products, huge client list and the share price falls. Makes sense. It's almost as if they were trying to make the Market Cap smaller for some reason.... a "partner" they said ?! We'll see (again) GLA
11p? that's very conservative from the real Haystack.... where are you getting the chart reading skills from ?
All this from someone who has no financial interest in DDD ?! Hmm...
One thing that's consistent (tunnel vision...) is your sell recommendation no matter what's going on. So just for fair balance ... with the next interim results out next month, you could say this might be a good buying opportunity.....
p.s With your new chartist personna, just for fun (?!) can you forecast just one surefire winner.... Anything, and we'll keep an eye on it over the next month. Now that must be pretty easy ?
THE section of 3D movies at the DVD store could soon go the way of Betamax, with Australian audiences showing a distinct lack of interest in the technology.
The low rate of take-up has already prompted international content producers to axe their 3D output and now Foxtel has followed suit locally.
In a statement on Monday, the pay-TV provider said the channel would be removed from the on-screen and online TV guides on August 27.
"In light of the recent moves by the BBC and ESPN and other 3D content producers around the world, as well as the lack of interest by Australian audiences of 3D television, it is no longer viable for Foxtel to maintain a dedicated 3D channel," a Foxtel spokesperson said in the statement.
Foxtel says it will continue to show 3D movies on its On Demand service from time to time.
Mr Haystack !
Obviously long time and no hear (for anyone interested...Real Haystack is the resident doom merchant... certainly has a serious gripe with the company ... )
" I fired up my Playstation.... " Wait a minute, who did you get to write this stuff ?! This isn't your normal style at all. Have you enrolled your son into this malarky ? What have you done with the REAL Haystack.... the only thing that links you is the use of double spacing to make your post fill up the front page. So.... I think I'll do the same. (and by the way the BBC is desperately trying to save money, that's the real reason it's not overly keen... it's more expensive to produce 3D content. ) If only someone would make some sort of 2D-3D conversion software....
Anyway, lest ye forget here's the highlights of the last financial report (April 2013)
· Over 15m units of TriDef 2D to 3D conversion solutions shipped by TV, PC and mobile licensees
· Turnover up 56% to $8,620,000 (2011: $5,534,000)
· Adjusted* EBITDA up 132% to $3,213,000; 37% margin (2011: $1,383,000, 25% margin)
· Profit from continuing operations before tax of $1,314,000 (2011: loss of $96,000)
· Profit per share of 0.57c (2011: loss of 0.43c)
· Net cash inflow from operating activities of $2,217,000 (2011: $120,000 inflow)
· Net cash at 31 December 2012 of $3,595,000 (2011: $3,143,000)
* Adjusted for non-cash share based payments
· Licence deals and licence renewals totaled 7 in 2012
· 16 licensees shipping royalty bearing products by year-end
· First patent IP licence agreement completed during the year
· Yabazam streaming 3D video business model beginning to create recurring revenue following launch of VOD and subscription services for Smart TVs during the second half of the year
· Attained market leading position in 3D PC market
· Listed ADRs on OTC-QX exchange to enable US investors to access DDD shares more easily
(doesn't it make you mad when people just blanket bomb these BB's)
away and fire up your black and white TV..... good to hear from you though.
As the BBC ditches 3D TV, how long must we keep pretending this gimmick is worth the hassle?
After two years of 3D trials, the UK's BBC has declared that November's Doctor Who anniversary special will one of the final shows it broadcasts in 3D.
Audiences find 3D "quite hassly", according to Kim Shillinglaw - BBC's head of 3D. To put it more eloquently, 3D simply doesn't add enough to the viewing experience to justify the expense of a new TV and the hassle of wearing special glasses.
The BBC isn't alone in turning its back on 3D, with US sports network ESPN recently deciding to scrap its 3D channel at the end of the year.
That could come as a major blow to Australian broadcaster Foxtel, which sources much of its 3D sports content from ESPN. In light of the ESPN move, FIFA is reportedly considering dropping 3D coverage for the 2014 World Cup in Brazil.
It's three years since 3D kicked off in Australia with televisions like the Panasonic Viera TH-P50VT20A.
After all this time, there's still not a lot worth watching. Australia's free-to-air broadcasters have barely broadcast anything in 3D since the 2010 World Cup and State of Origin matches.
The Nine Network dabbled in 3D at the 2012 London Olympics, but only screened a few hours worth of 3D highlights during the day.
Network Ten has the rights to next year's Winter Olympics, but I haven't seen any talk of 3D broadcasting at this stage.
You might think 3D is better suited to movies but, after all the hype around Avatar, you'll still only find a handful of 3D Blu-ray movies in the stores.
The 3D Blu-ray shelf at my local JB HiFi is now a whopping three feet wide, offering a few dozen mostly forgettable 3D titles. I picked up a 3D copy of The Hobbit on the weekend to test with the Samsung F8000 3D LED TV I've got on loan for review.
A few months ago the 3D version of The Hobbit was around $50 but now it's $20, which is rather telling. At least The Hobbit was shot with 3D in mind, some cheap and nasty movies have 3D tacked on as an afterthought.
I'll admit the first few minutes of The Hobbit look great and Samsung's active 3D glasses are a lot lighter and cheaper than those bulky first-gen Panasonic glasses.
But I can't say I've got any interest in watching the entire three-hour saga wearing them - at home or at the cinema.
I didn't see The Hobbit in 3D at the movies, but I've recently been rather underwhelmed by the 3D versions of Star Trek: Into Darkness and Man of Steel at IMAX.
It's got to the point where I'm avoiding 3D and looking for the 2D sessions. I took my kids to see Despicable Me 2 on the weekend and I don't think the movie was any less enjoyable because we watched it in 2D.
In theory you're not just reliant on 3D Blu-rays and broadcasts, because this Samsung TV lets you convert any 2D content into 3D. Unfortunately the results with free-to-air broadcasts are hit and miss.
Switching to 3D can look a little murky and it tends to introduce motion judder.
I've also noticed that watching 2D to 3D conversions makes my eyes hurt even though watching native 3D content doesn't.
I still think gaming is where 3D shows the most potential, because the immersiveness of the content helps override the awkwardness of the technology.
I fired up the PlayStation 3 and was disappointed to notice some 3D cross-talk or "ghosting" when playing Wipeout HD, ghosting I don't remember seeing when playing on the Panasonic 3D TV.
The ghosting is even worse on Gran Turismo 5, particularly when you change the driver's view so you can see all the instruments on the dashboard.
I'll need to tweak a few settings to see if I can sort this out, but even then I don't think I'd bother handing out the glasses and switching to 3D mode every time I played a game.
The sad fact is that 3D is simply a gimmick designed to get people back into the cinema and sell new televisions.
It seems that broadcasters are finally getting the message that pe
Yes, the only disappointment being that there was no further update to the number of units shipped so the footnote still read "Over 30 million TriDef 3D products have been shipped by DDD's licensees worldwide." which was first used on 10th May, and revealed shipments of 4M units from the beginning of the year....... That compares to 3M units in the same period last year and is not really adequate progression IMHO so we need products under these two recent tablet licenses to really fly off the shelves....... better chance of success than the 3D mobiles to my way of thinking so could provide new impetus in H2.
Steady performance here of late - would have also been good to get a target date for that "soon-to-be-released Yabazam 3D Android app" as it was also " soon-to-be-released" on March 27th!
Must be imminent as they are putting 'sneak peek' pictures on twitter now:
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