Dignity Share Discussion Threads

[chri5 wright] 16/9/2011 12:11

i think that one day this will sound good to a private equity fund too.

[gardenarc] 15/9/2011 18:33

Sounds good to me..

[miata] 14/9/2011 12:02

The bill for dying has soared to nearly £7,300.

Funerals, legal fees, headstones and flowers are up 20 per cent in four years. Burial and cremation ceremonies are 61 per cent more expensive than in 2004 and costs have more than doubled in the past two years.

The new cost of £7,248 is equivalent to three months wages on average. Insurer Sun Life Direct found a quarter of people have failed to make any plans for the end of their lives, including not having organised a will.

[thorpematt] 03/8/2011 20:23

I will explain: The neg. equity comes from the large long term debt

LSE explains it better than ADVFN in my opinion.



DTY spin off large amounts of cash from great op. profits @ great margins. The long-term debt though is high @ £371M. This has been generated from the purchase of funeral directors and crematorium.

Due to the transparent nature of revenue,confidence in fuure profitablility allows low cost long-term borrowing and hence the generated cash is intermittntly returned to shareholders as preference to buying back the debt.

Best to read the 2010 annual report and understand the concepts (page 25 from memory - but use the find facility in Adobe and search for "debt")



Important to be comfortable with what your're buying.

[thorpematt] 03/8/2011 20:14

Lenz,
It's missleading

[lenzcrafter] 03/8/2011 14:03

What is the negative equity all about with DTY?

Whats that all about?

And the debt to equity ratio is -77, thought it needs to be about 1 to be good!

HELP!

[tripehound1] 03/8/2011 13:18

Currently, going up

[chri5 wright] 02/8/2011 16:24

what is occuring gardenarc?

[gardenarc] 02/8/2011 15:15

Nice good stock i thinks.

[chri5 wright] 30/7/2011 23:40

can anyone make head or tail of the results? I'm a sizable holder, and want to love the company. does anyone else think that there are smoke and mirrors in place inside these results. a £ 1 divi a year ago, nice profits, but where has all the cash gone?

[gardenarc] 27/7/2011 08:04

FAB + div..

[tripehound1] 26/7/2011 15:58

Interim results tomorrow...........buy now !

[chri5 wright] 07/7/2011 10:53

i cant wait for another dip, always a nice chance to tuck some more away before it bounces back again.

[gardenarc] 29/6/2011 15:25

good stock nice ride so far.

[gardenarc] 24/6/2011 19:10

I likes this one.

[gardenarc] 11/6/2011 00:25

Big US company bought up plantsbroke and great southern a number of years ago as i had shares in both jebenn 1, i maybe wrong but 30% seems a bit high and i am not sure of the name of the US company think it was general something or other.

[jebenn1] 10/6/2011 18:14

The uk market in funeral services a quasi-monopoly? I am happy to be corrected but I thought one of the attractions of Dignity was the fact that it and the co-op have maybe 30% of the market (bit of a guess from me) and the rest was very small local operator. And dignity are very slowly picking them up as perhaps a new generation in the family doens' wan to be in the death business.

Rather a long way from a quasi monopoly unless I am much mistaken.

[solomon9] 09/6/2011 19:05

has anyone got a list of the US peer group - will take a look

the UK market though is essentially run by two/three majors as an unregulated quasi monopoly situation- not a lot of price competition. One issue though is the trend towards cheap environmental funerals.

Would be interested though in legal views as expressed earlier

[gardenarc] 02/6/2011 20:41

Nice to put on the black suite when the markets are BAD.

[gardenarc] 23/5/2011 12:04

Nice till we go XD .

[gardenarc] 16/5/2011 18:56

Nice ride.