Digital Barriers – Video business sale to enable focus on “rapid, organic and profitable growth of Thruvision”. Really?

Previously writing on Digital Barriers (DGB), I concluded bearishly despite a “Framework Contract and Trading Update” announcement attempting to emphasise positives. Now there is an announcement of a conditionally agreed sale of its video business, noting “uncertain nature and timing” of growth and “to continue as it is would stretch the resources available to the existing group within its current structure”. Hmmm, not a great combination…

Digital Barriers – “Framework Contract and Trading Update” announcement attempts to emphasise positives, BUT…

Digital Barriers (DGB) has announced a framework contract and a trading update emphasising sales growth and “EBITDA is expected to be in line with market expectations”, BUT…

Could Digital Barriers be on the verge of turning things around?

Digital Barriers (DGB) has been like so many other AIM companies, in that it has promised a lot but has failed to deliver in the way that investors expected it to, and it now looks like the last chance for the company to live up to expectations.

Digital Barriers – trading warning (you were warned). Timberrrrrr…

Shares in surveillance technology company Digital Barriers (DGB) are currently more than 17.5% lower, at 25.5p, on the back of a “Trading Update” announcement. Trading warning ahoy! You were warned…

Digital Barriers (#DGB) – contract delays, revenue warning

Digital Barriers – announces a further $7 million of contract awards, but caveat emptor…

Digital Barriers (DGB) has followed contract wins announced last month with an announcement of the award of a further two contracts with a total value of $7 million. The shares are up more than 10% above end of 2016 lows in response, heading towards 40p, but I’d still suggest caveat emptor…

Digital Barriers – another contract announcement. Rampity, ramp?

Following contract wins announced at the start of the month, Digital Barriers (DGB) is now “pleased to announce that it has secured a $2.1 million contract for its unique ThruVis standoff threat detection camera”. The shares are currently up a tad to 36.5p in response, but…

Digital Barriers – contract wins, able to focus on converting pipeline & generating follow-on sales... or not?

Reviewing results for the six months ended 30th September 2016 from Digital Barriers (DGB), I noted a £7.4 million reduction in net cash to £3.4 million and that the company has established a £10 million revolving credit facility. It has now made a “Contract wins across APAC and EMEA” announcement. Hmmm…

Digital Barriers – H1 results, claims a clear, strong organic growth engine. But is there?

Provider of surveillance technologies, Digital Barriers (DGB) has announced results for the six months ended 30th September 2016 including “it is clear that we have now established a strong organic growth engine”, though later also stating “organic revenues… were broadly flat at £6.9m”. Hmmm…

Digital Barriers – credit facility ahead of interim results?

Having warned on shares in Digital Barriers (DGB) last year, I note an announcement of a £10 million credit facility – with this following a trading update announcement last week…

Digital Barriers (#DGB) announces £1m TVI contract

Digital Barriers – full-year results, still a bargepole stock?

Provider of surveillance technologies to the international homeland security and defence markets, Digital Barriers plc (DGB) has announced results for its year ended 31 March 2015. I update having asked in February whether the operational improvements the company emphasises it has recently made would see a step-change in performance or would a litany of financial destruction continue (see HERE)?

Digital Barriers another profits warning - will value destruction accelerate?

Despite announcing £1.5 million of contract awards “attributed to the new leadership of our UK/Europe sales team, giving us confidence that similar changes made to the management of our US and Middle East/Africa regions will materially support our international sales expansion”, shares in AIM-listed Digital Barriers (DGB) currently trade 18% lower at 41p today. This is as the company has also announced that losses and revenue for its year to the end of next month will be worse than expectations due to “the timing of two expected significant contract awards”. Will the operational improvements the company emphasises it has recently made see a step-change in performance or will a below-detailed litany of financial destruction continue here?

Digital Barriers (#DGB) profits ( or rather loss) warning - says just a timing issue. Yeah