2016

11 February 2016

Panmure Gordon

Panmure Gordon issued a Morning Note after DCI’s Q24 2015 trading update, maintaining both their target price to 34p and their Buy recommendation.

For more information or a copy of the note please contact Sue Munden at +44 (0)20 7886 2762, sue.munden@panmure.com

 

2015

24 September 2015

Panmure Gordon

Panmure Gordon issued a Morning Note after DCI’s Interim Results, maintaining their target price to 34p and their Buy recommendation.

For more information or a copy of the note please contact Sue Munden at +44 (0)20 7886 2762, sue.munden@panmure.com

30 July 2015

Panmure Gordon

Panmure Gordon issued an Equity Research after DCI’s Q2 trading update, raising their target price to 34p (from 25p) and retaining their Buy recommendation.

For more information or a copy of the note please contact Sue Munden at +44 (0)20 7886 2762, sue.munden@panmure.com

2 March 2015

Edmond De Rothschild

Download the report here.

2014

5 December 2014

Panmure Gordon

Panmure Gordon issued a morning note after DCI’s trading update, maintaining their forecasts for the year, namely a Buy recommendation and 52p target price.

For more information or a copy of the note please contact Sue Munden at +44 (0)20 7886 2762.

23 September 2014

Panmure Gordon

Panmure Gordon issued a morning note after DCI’s interim results, stating that Dolphin trades on an undemanding PNAV rating of 0.45x, with around 477p of potential cash returns to come from the portfolio in the coming years & retaining their Buy recommendation and 52p target price.

For more information or a copy of the note please contact Rachael Applegate at +44 (0)151243 0969.

3 Jul 2014

Edmond De Rothschild

Download the report here.

11 June 2014

Panmure Gordon

Panmure Gordon issued a morning note after DCI’s Q1 trading update, retaining their position that the stock remains undervalued and their Buy recommendation and 52p target price.

For more information or a copy of the note please contact Rachael Applegate at +44 (0)151 243 0969.

26 March 2014

Panmure Gordon

Panmure Gordon issued a morning note after DCI’S full year results for 2013, retaining their position their Buy recommendation and 52p target price.

For more information or a copy of the note please contact Keith Baird at +44 (0)207 886 2751 Keith.baird@panmure.com.

2013

5 December 2013

Panmure Gordon

Panmure Gordon issued a flash note after DCI’s Q3 trading update, retaining their Buy recommendation and 52p target price.

For more information or a copy of the note please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com.

25 September 2013

Panmure Gordon

Panmure Gordon published their 2015E forecasts for the first time, maintaining their Buy recommendation and 52p target price.

For more information or a copy of the note please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com.

24 September 2013

Panmure Gordon

Panmure Gordon issued a morning note following DCI’s H1 results maintaining their Buy recommendation on the stock, target price 52p.

For more information or a copy of the note please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com.

16 July 2013

Panmure Gordon

Panmure Gordon issued a morning note listing the six reasons to buy Dolphin shares, thus reiterating their buy recommendation at a target price of 52p.

For more information or a copy of the note please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com.

12 June 2013

Panmure Gordon

Panmure Gordon issued a flash note following DCI’s Q1 2013 NAV Announcement & Trading Update stating that DCI remains their key Real Estate Buy recommendation across Europe.

For more information or a copy of the note please contact Mark Hughes at +44(0)151 243 0965 mark.hughes@panmure.com.

12 June 2013

Liberum Capital

Liberum Capital has issued an Alternatives Daily note following DCI’s Q1 2013 2013 NAV Announcement & Trading Update.

For more information or a copy of the note please contact Conor Finn at +44 (0)20 3100 2257 and conor.finn@liberumcapital.com.

20 May 2013

Liberum Capital

Liberum Capital has issued an Alternatives Daily note following DCI’s announcement for the sale of Venus Rock Golf Resort.

For more information or a copy of the note please contact Conor Finn at +44 (0)20 3100 2257 and conor.finn@liberumcapital.com.

20 May 2013

Panmure Gordon

Panmure Gordon issued a morning note following the announcement of the cash sale of the Venus Rock Golf Resort by DCI commenting that this transaction, further validates Dolphin’s business model and demonstrates the quality and value of the company’s real estate portfolio.

For more information or a copy of the note please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com or Rachael Applegate at +44 (0)151 243 0969 rachael.applegate@panmure.com.

17 April 2013

Edmond de Rothschild

Edmond de Rothschild issued a Funds Research on Dolphin Capital Investors noting that Dolphin’s Portfolio has strong long term upside potential.

For more information or a copy of the research please contact Haris Papanikolaou at +44 20 7845 5960 haris@lcfr.co.uk.

20 March 2013

Panmure Gordon

Panmure Gordon issued a morning note after the announcement of DCI’s full-year results noting that 2012 has seen some significant milestone events for the group with the opening of Amanzoe, ground-breaking at Playa Grande and asset sales above NAV valuations, and more milestones are likely to follow in 2013 in their view.

For more information or a copy of the note please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com or Rachael Applegate at +44 (0)151 243 0969 rachael.applegate@panmure.com.

20 March 2013

Liberum Capital

Liberum Capital has issued a research note following DCI’s 2012 Preliminary Annual Results and Trading Update stating that 2012 has been a transformative year for DCI with a successful placing, corporate transactions and development progress at several sites.

For more information or a copy of the note please contact Conor Finn at +44 (0)20 3100 2257 and conor.finn@liberumcapital.com.

12 March 2013

Panmure Gordon

Panmure Gordon issued a Note regarding another of Dolphin’s milestones with an official ground-breaking ceremony at its Playa Grande Resort. They outlined at the beginning of the year that the share price of DCI will increase by 100% over the next 12 months and therefore Dolphin remains their key small cap pick for 2013.

For more information or a copy of the note please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com or Rachael Applegate at +44 (0)151 243 0969 rachael.applegate@panmure.com.

11 March 2013

Panmure Gordon

Panmure Gordon issued a Note reiterating their Buy recommendation and Property Top Pick on Dolphin Capital Investors.

For more information or a copy of the note please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com or Rachael Applegate at +44 (0)151 243 0969 rachael.applegate@panmure.com.

03 January 2013

Panmure Gordon

Panmure Gordon has issued their top picks for 2013 including Dolphin Capital Investors in the list as the only property pick, reiterating their Buy recommendation

For more information or a copy of the note please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com or Rachael Applegate at +44 (0)151 243 0969 rachael.applegate@panmure.com.

2012

12 December 2012

Edison Investment Research DCI Q3 update and €50m fund raising

Download the report here.

4 December 2012

Liberum Capital

Liberum Capital has issued a Note in light of DCI’s Q3 NAV Announcement and Trading Update on 04 December 2012.

For more information or a copy of the note please contact Conor Finn at + +44 (0)20 3100 2257 and conor.finn@liberumcapital.com.

4 December 2012

Panmure Gordon

Panmure Gordon has issued a Morning Note in light of DCI’s Q3 NAV Announcement and Trading Update on 04 December 2012.

There is 100% upside to their 12 month target price on the stock. The target price is 52p. Therefore, the recommendation remains Buy.

For more information or a copy of the note please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com or Rachael Applegate at +44 (0)151 243 0969 rachael.applegate@panmure.com.

1 September 2012

Panmure Gordon

Panmure Gordon has issued a Morning Note in light of DCI’s results on 27th September 2012.

With one project now live and the other advanced projects continuing to develop, Panmure concludes that the valuations are now starting to be proved and therefore reiterate their Buy recommendation and 70p target.

For more information or a copy of the note please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com or Rachael Applegate at +44 (0)151 243 0969 rachael.applegate@panmure.com.

6 July 2012

Panmure Gordon

Panmure Gordon has issued a Flash Note after Dolphin announced the completion of the Aristo Exchange, viewing this as a positive move by the group as it reduces indebtedness at an SPV level. Further, Panmure note that the shares are trading on an anomalously high discount to NAV. Therefore, there is significant share price upside from these level reiterating their Buy recommendation and 70p target price.

For more information or a copy of the note please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com or Rachael Waring at +44 (0)151 243 0969 rachael.waring@panmure.com.

12 June 2012

Panmure Gordon

Panmure Gordon issued a Morning Note after DCI’s Q1 NAV Announcement and Trading Update, reiterating their Buy recommendation on Dolphin Capital Investors and a target price of 70p.

For more information or a copy of the note please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com or Rachael Waring at +44 (0)151 243 0969 rachael.waring@panmure.com.

1 June 2012

Panmure Gordon

Panmure Gordon issued a Flash Note entitled “Regaridng the €, would an exit be all bad news?”

For more information or a copy of the note please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com or Rachael Waring at +44 (0)151 243 0969 rachael.waring@panmure.com.

3 April 2012

Edison Investment Research Outlook on DCI

Download the report here.

28 March 2012

Panmure Gordon

Panmure Gordon issued a Morning Note following DCI’s 2011 Annual Results, reiterating their Buy recommendation on Dolphin Capital Investors and a target price of 70p.

For more information or a copy of the note please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com or Rachael Waring at +44 (0)151 243 0969 rachael.waring@panmure.com.

10 January 2012

Panmure Gordon

Panmure Gordon issued a Morning Note after a forecast update to reflect the final currency rates used in translation for 2011E , reiterating their Buy recommendation on Dolphin Capital Investors and a target price of 76p.

For more information or a copy of the note please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com or Rachael Waring at +44 (0)151 243 0969 rachael.waring@panmure.com.

2011

28th December 2011

Panmure Gordon

Panmure Gordon issued a Morning Note reiterating their buy recommendation on Dolphin Capital Investors and a target price of 83p.

For more information or a copy of the note please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com or Rachael Waring at +44 (0)151 243 0969 rachael.waring@panmure.com.

08 December 2011

Edison Investment Research Outlook on DCI

Download the report here.

20 September 2011

Panmure Gordon

DCI Morning Note

Panmure Gordon issued a Morning Note reiterating their buy recommendation on Dolphin Capital Investors and a target price of 83p.

For more information or a copy of the note please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com or Rachael Waring at +44 (0)151 243 0969 rachael.waring@panmure.com.

31 August 2011

Panmure Gordon

Venus Rock Golf Resort Research

Panmure Gordon issued a research note on Venus Rock Golf Resort, one of Dolphin’s four advanced projects. Their analysis suggests Phase 1 of Venus Rock Golf Resort has an NPV of 39p.

For more information or a copy of the report please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com or Rachael Waring at +44 (0)151 243 0969 rachael.waring@panmure.com.

 

10 June 2011

Edison Investment Research Quick View

Download the report here.

22 March 2011

Panmure Gordon

Panmure Gordon reiterated their Buy recommendation on Dolphin Capital Investors following the analyst’s meeting.

For more information or a copy of the report please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com or Rachael Waring at +44 (0)151 243 0969 rachael.waring@panmure.com.

5 Jan 2011

Panmure Gordon

Panmure Gordon issued a Real Estate Flash on Dolphin Capital Investors, on their thoughts on the recent EGM and reiterated their Buy recommendation and 100p target price.

For more information or a copy of the report please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com or Rachael Waring at +44 (0)151 243 0969 rachael.waring@panmure.com.

2010

08 Nov 2010

Panmure Gordon

Panmure Gordon published a 48 page note on Dolphin Capital Investors stating that its current NAV discount is unwarranted and reiterated their Buy recommendation and 100p target price.

For more information or a copy of the report please contact Mark Hughes at +44 (0)151 243 0965 mark.hughes@panmure.com or Rachael Waring at +44 (0)151 243 0969 rachael.waring@panmure.com .

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