Distil Share Discussion Threads

[control1] 26/5/2016 08:57

Making money is never dull but if you are that bored, why don't you return to the NCT thread and go poke them with your stick which of course, is what you really love to do...

[deanroberthunt] 26/5/2016 08:44

Lot's of interest here, Volume is huge, look at all the buyers.........

[deanroberthunt] 26/5/2016 08:26

DULL twinned with BORING

[deanroberthunt] 26/5/2016 08:15

This is duller than the dullest ditch water on the dullest day in dullville.....

[control1] 25/5/2016 23:28

Thanks PTM - should be more fun as at least you get to test the product on the journey...!

[petersinthemarket] 25/5/2016 17:50

>>Control1 - new boy on this thread I see, but if you are in to oil exploration and suchlike you are certainly no stranger to risk. I would venture to suggest that these booze shares are going to be slightly safer, and possibly more profitable, but I hope you are in no hurry. Time will tell. Best of luck, pete

[control1] 25/5/2016 16:06

I bought some of these at just under 1p a few weeks ago and am going to hang on to them for a while as I think this has a long way to go...

[someuwin] 25/5/2016 15:47

Bought a few more.

I think we'll see things picking up now RedLeg has USA approval.

[lr2] 25/5/2016 15:37

Have you never heard of capitalisation or punctuation? :)

[lr2] 25/5/2016 15:22

Now 1.081p - 1.129p. And only 250k available at that price. It rises to 1.14p after that.

[deanroberthunt] 25/5/2016 15:13

never heard of paragraphs or indentation.

[lr2] 25/5/2016 14:46

Spread currently 1.081p - 1.105p. Should be easier to tell buys from sells now.

[lr2] 25/5/2016 12:57

Hard to tell Risk1.

Current prices are 1.081p to sell and only 1.08p to buy.

[risk1] 25/5/2016 11:03

But not many selling

[risk1] 25/5/2016 11:02

It is clear that someone is happy to buy 3 million at 1.08p

[deanroberthunt] 25/5/2016 10:57

1.081 on the bid, could she move up?

[tagbot] 25/5/2016 10:43

Yes but it is a one off unique event play.
You wont get in at the bottom once they announce a sale of Redleg or one of the other brands.
They made their plans and strategy clear.
Find then re package and re brand a brand of spirit.
Build up its fanbase and then sell to the highest bidder.
Grey Goose Vodaka is their model they were clear about this.
Grey Goose sold for $1.8 billion.
Nobody expects that amount for Redleg but £50m would be 10 times current value.
£50m is within reach I think but even £10m implies a share price of north of 3p
Perhaps it will fall somewhere between £10m and £50m with the chance it could really catch the imagination in the US and sell for much more.
And thats just 1 brand they have about 6.
So you buy now and sit and let them get on with it.
I dont expect the rpice to do much until the day they announce a sale of Redleg.
Then I expect it to be marked up pre open and possibly a large divi returned to those who got in before the event.
Whats the downside? not a lot really.
No debt and enough cash to tide them over and get Redleg up and running in the US.
They like quirky named product in the US.
It might just take off over there.

[risk1] 25/5/2016 10:42

The market will buy 3 million off you so there is definitely interested investors out there who want to buy at the right price

[deanroberthunt] 25/5/2016 10:25

volume is tiny, just a few minor punters with a few hundred quid here and there

[deanroberthunt] 25/5/2016 07:53

still too early to call, still a very speculative punt.

[lr2] 25/5/2016 07:45

Risk1, that's impossible to know. Sometimes good companies get overlooked, sometimes bad companies get ramped to the heavens. Nobody can predict what might happen to a share price short term. Just find yourself some decent companies and, in time, the true value of them will surface.

[deanroberthunt] 25/5/2016 07:30

there's no volume.

[risk1] 25/5/2016 07:27

Assuming they reach BE and edge into a small profit can we expect the share price to break out and if so to what sort of new range?

I felt 2p was a given with such good news as received this week