De La Rue Share Discussion Threads

[ch1ck] 07/11/2016 23:02

I looked at the polymer bank note industry. Private equity owns the people who make the polymer and print the notes. Delaru are involved in the process mainly in design. I wish they were more involved but this industry is set to grow.The share price has fallen but there was an unusually large buy recently which would indicate either someone knows news or believes the price will change direction. I bought in today

[philanderer] 31/10/2016 23:25

On the watchlist today.


31/10/16

The Royal Bank of Scotland (RBS) has issued its new £5 which has been produced by De La Rue on its Safeguard polymer substrate.

[redips2] 04/10/2016 14:41

Still needs to close that jolly big gap......

[quepassa] 04/10/2016 11:19

who's knocking it?

well , let's hope a zenith swiftly follows!

QP

[redartbmud] 04/10/2016 10:55

Don't knock it. We have seen a nadir in recent times.

red

[quepassa] 04/10/2016 10:44

This share is pushing ahead hard.

QP

[quepassa] 12/8/2016 11:02

THE GREAT BANK NOTE MYSTERY


Idling away time on a recent BA flight, I picked up a copy of their July 2016 Business Life magazine to find an article about Bank Notes and De La Rue.

The article says the following : " The value of notes in circulation in the UK has increased threefold in the past 20 years...A similar picture can be seen in other developed economies: The US, canada, Australia and the Eurozone have likewise seen significant growth in circulation over the past decade

But the reason for this remains somewhat of a mystery as cash used for everyday transactions has been in gradual decline since 2000."

Seems that people are hoarding cash both in the UK and likely overseas as well.As well as being used significantly in the shadow economies for both legal and illegal activities.

Looks like cash is not going out of popularity any time soon.


ALL IMO. DYOR.
QP

[quepassa] 08/8/2016 08:38

Re 1003

In an interview, Emperor Akihito confirms that he is reflecting on how apprporiate it is for him to carry on.

ALL IMO. DYOR.
QP

[quepassa] 03/8/2016 13:47

Within Brexit looming, this will undoubtedly strengthen the hand of De La Rue who will be in prime position for re-printing any security documents when had hitherto incorporated Euroland wording.

As the press is now pointing out,a new design and print of Her Majesty's UK passport should alone bring in sales of a fugure mentioned by The Ft of £200 million.

De La Rue should do very well over the coming years after a period in the wilderness.

It should be noted that ten days ago on 22nd July, JPM Cazenove issued a broker note and REITERATED their OVERWEIGHT recommendation on De La Rue and SIGNIFICANTLY INCREASED their Price Target from 580p to 690p

ALL IMO. DYOR.
QP

[quepassa] 02/8/2016 09:19

Very bullish article in the FT's Lex Column (Page 12) today about De La Rue.

Lauding Martin Sutherland's efforts to streamline the business and 1)
pointing out that cash is not a dying technology with 2) demand growing by c. 5% pa throughout Europe , 3)hinting at significant potential fx gains due to sterling weakness and 4) mentioning that a redesign of UK passports may add up to £200m in new sales.


The Lex ends with the words " The shares have risen more than 40% this year. The house of De La Rue is only getting stronger".

Very supportive.

ALL IMO. DYOR.
QP

[redartbmud] 21/7/2016 20:52

I am still under water on my holding, but I am glad that I hung on through the bad times as we slowly inch towards my break even point. Some way to go yet.

[quepassa] 21/7/2016 12:06

Steady as she goes .

ALL IMO. DYOR.
QP

[quepassa] 20/7/2016 11:21

Something going on here?

I wonder if there is any news or update on their talks with a number of other papermakers about a potential Joint Venture, as referred to in the PrintWeek link below:-




ALL IMO. DYOR.
QP

[quepassa] 14/7/2016 10:48

The FT carries an interesting article today on page 6 about the rumoured abdication of ageing Emperor Akihito of Japan.

Shares in Dai Nippon Printing Co added 4.4% yesterday on the rumours.

If Emperor Akihito steps down, there will be a change to the Japanese calendar which will boost demand for printing services according to a report in a Washington Post/Bloomberg report dated 14/7/16.

Last year De La Rue signed an agreement with Dai Nippon Printing.


ALL IMO. DYOR.
QP

[quepassa] 12/7/2016 14:39

UPDATE.


Today Citigroup issues a bullish note on DLAR and UPGRADES to a BUY recommendation with a significantly increase in TARGET PRICE (from 450p) to 630p.


First JPM Caz and now Citi turn bullish. That's good.

ALL IMO. DYOR.
QP

[quepassa] 12/7/2016 10:24

Up 50% to near 600p from the Feb lows of 400p.

On 8th. July, JPM Cazenove UPGRADED DLAR to OVERWEIGHT with increase in TARGET PRICE (from 530p) to 580p.

Another company benefiting perhaps from sterling weakness?


ALL IMO. DYOR.
QP

[randomwalker] 08/7/2016 10:46

I am surprised no-one is playing this share. It has been volatile lately for the day trader type view, with a fair dividend for the rest of us.

Would guess the recent spike is due to increased nervousness over euro break-up.....the Italian bank situation. However, the story is that the Italians kept all the old lira notes when the euro came in just in case.....there are also the perennial rumours about Greece. I am sure the EU will do everything possible to keep the lid on that until we have left. They do not want a rush for the exit..

[grahamite2] 08/7/2016 09:52

Is nobody "in" here?

Up some 7% and no comments?

[ch1ck] 31/5/2016 11:38

Its always nice to call the top just before it rolls over. Im a buyer at 520p or lower.

[sturmey] 26/5/2016 12:22

If a potential bidder is building a stake, it might make sense for him to pause his buying for a while and let the price settle a little. Potential sellers might then assume no bid and sell out at a decent premium to the price before the recent results.

Today's volume is still higher than usual.

Yesterday's volume was not far short of 1% of market cap.

My money is still on a bid soon.

IIRC one of the European private rivals (French or German?) bid over 900p several years ago.

I hope for a bid in the region of 750p to 800p

[ch1ck] 26/5/2016 11:07

I sold half yesterday will wait and see if the price cuts back

[redips2] 26/5/2016 10:35

Aye, could be something in the wind......sitting tight for the moment just in case .

[sturmey] 25/5/2016 21:56

My money is on a bid. Shares up 18% in three trading sessions on increasing volume.

[randomwalker] 25/5/2016 15:45

Just succumbed to temptation and sold 1/3 of my holding

just too far, too fast.....unless there is a bid in the wings

[quepassa] 24/5/2016 07:50

Bank Note Printing up.

The big Euro500 drug-dealers note is being withdrawn.

Should significantly spur global volumes of Note printing.

Steady results. Good yield


ALL IMO. DYOR.
QP