02074692604

A company called Direct Market Touch

I dealt with this outfit and had great success! My portfolio is way up! No complaints here! Excellent service!

STAY AWAY FROM THIS COMPANY, I had a terrible experiance with them and ended up loosing some money also. Bit ashamed to admit it really. My current broker (a real company, Brewin Dolphin) are well aware of this firm. I have complained to the FSA, but they appear to actually be set up legit, which for a firm so pathetic shows an actual stimulation of brain cell activity. Advance scam, they offer dead end, low beat going nowhere small penny share companies. Probally the directors of these companies just take a huge cut then there going to liquidate the firms. I advise anyone, to stay well away from this firm. Theres a reason they contacted you and you had never heard of them. I just hope this post helps someone before they consider giving them money!

Having had this brought to our attention it is with great regret to hear that we have some unhappy clients.  As a company we would like to make the following statement:

As a fully authorised company we deal ostensibly in the UK equity market, which ranges from blue chip companies to some of the smaller capitalised ones.  For the record we have only traded in 4 small cap companies in the last four years, furthermore a recent IPO has delivered at present 10 fold growth for investors.  We would also like to point out that trading in the small cap arena represents a small part of what we do as a company.

To read the above comments about our company is very disappointing.  We endeavour to deal with all our clients in a professional and timely way.  However, it appears that we have a number of unhappy clients.  above.  We would like to invite the people who have posted above to please get in contact should they wish to discuss.    

Contact information:

Email: info@directmarkettouch.com

Tel: 0207 469 2601

P.S

Some of the comments above are of a defamatory nature and are factually incorrect.

DMT

I was called by this company last week. When I answered they were polite and offered advice on the current situation. Although I was not in a position to invest I look forward to further interactions. I am in no place to comment on the previous posts as I have had no involvement however I am able to say that the company delivered a service that matched others in the industry. I have been investing for 10+ years and service delivered was on par with brokers I have previously dealt with. The employee I spoke to gave me a clear cut analysis and presented me with both the risks and rewards of the investment I was interested in. Unfortunately I was not in a position to invest but I will be getting in contact soon regarding new opportunities. The employee asked whether I would like to be contacted again to which I replied yes. They have not called me since the call but have been in touch over email. Over the past 10 years I have experienced all sorts of traders. Some seemed dodgy and gave little information about the investments they proposed, some provided detailed information and outlined the risks involved in investment. This company falls into the latter category. They were not pushy which would make me think that they value their each relationship with their clients. I pushed quite hard for further information and the employee politely tried his hardest to satisfy my inquisitive nature following up with further information.

As this is live again, the Domain registration is:
Domain Name: directmarkettouch.com
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Direct Market Touch people were previously trading as Sigma Financial Management Ltd, the web site sigmafinancial.co.uk is now taken over apparently as a debt collection agent but it was previously the investment company. Previously Sigma Index Limited.  Associated with PETER CHARALAMBOUS and ANTONY RING-DAVIS CHARALAMBOUS.  I lost a lot of money through them.  The trick is to get you to sign that you have a knowledge of markets, then the FSA rules do not apply as you are categorised as an intermediate investor.  So they do not have to disclose, for instance, how much of your investment they pocket or anything about the investment.  They start by creating a wordy proposal with a lot of references to business ideas, potential investment and prospective earnings.  Through this cloud of detail, you are asked to agree that you have some knowledge of how markets work, and if you also have some personal 'wealth', like a buy to let property, the FSA will decline to act, as you are a 'sophisticated investor'.  Your investment is then drained from the company you paid for shares in by way of 'administration expenses'.  Then after a few years, the price of the shares is diluted by new issues and eventually it is worthless.  Beware, beware, beware.

What you also need to remember in relation to 'penny shares' or shares which may be quoted on alternative exchanges - and it is also true but to a much lesser extent in the main exchanges for larger company shares - is that the price depends on the volume.  So the price of 10,000 shares (@1p=100 pounds) may go up by x100%, but when you try to sell 1,000 pounds worth or more of shares the price goes down dramatically.  If you are trying to sell through a broker, like IG, the trader there will refer to the size of previous deals and offer considerably less if the number of shares is considerably higher than the normal trade volume.

The second thing I note is the reference by DMT above to only having a small part of its business in smaller company shares.  If you had seen the effort and preparation that was put into the arrangement that was presented to me with prospectus, web sites, etc, companies like Sigma and the people behind it simply would not have the time or need to have more than a few of these on the go to make a decent side line.  After all, the investors do not know each other - why create a new scam when you have a perfectly good one running already?  These arrangements take several years to wash through the system, take investors money and become valueless.

I made the mistake of inverting with this lot, Never again!!

I  invested £10,000 on an advisory account with DMT and was not impressed with their choice of stock---Lloyds. Very unimaginative and tipped as a safe pick at that time 2012/13. I got fed up within months and withdrew money plus 3 to£400  profit.Not good but glad I got out. Bought at 69p they carried on to 83p I think-very dull,  now down again and still being tipped for 120p and 6.5%dividend. Where did I here that b4?  And when will it happen? The last scandal was Ortega with his pants down following PPI and libor,

This company has a very aggressive way of "persuading" you "invest" in what amounts to rubbish. A bit of diligence saved me a small fortune as the caller suggested that I put the house on a stock. Turned out to be a sub penny share that had collapsed months previously but was trying to sell me this as the next big tech stock. It's the aggressive behaviour that rang the alarm bells. Turns out these operate as DMT and / or Jarvis. Weird way to be doing business, so a big red flag for me.

My experience with this company has been nothing but positive. Highly professional and truly dedicated to servicing their clients with the utmost performance. I have let them manage a large portion of my portfolio and I am not in the least disappointed. Thank you DMT!

STAY WELL AWAY. Absolute fraudsters. They'll try to sell you penny stocks in under the current market price. In reality the companies are under severe financial distress and have sold a chunk of stock at a huge discount to these operators. Ask them to disclose all and any financial relationships they have with the underlying firm. Can't understand how the FCA can't crack down and close these cowboys

Oh please. Your 'portfolio' must be utter junk if its being 'managed' by Charalambous and Co

What would you advise to do if you want to withdraw but their saying the market maker hasent got any buyers at the moment?

Well, my portfolio is looking very positive. DMT advised on an IPO and stock with significant growth potential - upon my agreed appetite for a certain amount of risk. It has paid off and they are to thank! Right now things are looking very strong indeed based on their recommendations!
Tom - you must keep in mind that you might be referring to illiquid stocks, which you can't sell at a moment's notice. You need patience, just as if you were to sell a house - it has value but the liquidity requires you to be patient until there is a buyer - there are buyers, everything has value at a certain  price:) Search, 'how to sell illiquid stocks' on Google for some useful advice - see also investopedia.com Good luck:)

Hi there, what else do you know about these two men, Direct Market Touch is in liquidation since December but they have began a new company in February London Barrelhouse Limited, are they to be trusted?

This is their new company, https://www.londonbarrelhouse.com/

Another UK vendetta/blog thread that needs to be monitored.

Absolute fraudsters! Beware of the new company London Barrelhouse. They’re looking to flog booze (sorry rare drinks) next.