Distil Share Discussion Threads

[haggismchaggis] 08/6/2016 07:07

The financials are looking VERY healthy! Turnover, supported by increased marketing investment, increases to £1,169k from £666k·     Gross profit increased 68% from £406k to £681k·     Margins reduced from 61% to 58% for the same period, year-on-year·     Other administrative expenses reduced by 17%·     Operating loss reduced by 66% from £286k to £97k·     Cash reserves of £982k at 31 March 2016International and domestic sales volumes growing strongly

[petersinthemarket] 07/6/2016 19:18

tagbot - I see you are a newish face on advfn and on this thread. 9 posts since dec15. I'm sure you want a sensible debate, so best not to appear (I'm sure it's unintentional) to upset the long termers. Personally I don't care if the booze is faddish or not as long as it appeals to a large enough audience who have the money to buy it. But I certainly agree with you in one respect. I have had and still have some serious doubts about discounted sales. I have expressed concern on here a number of times about dealing with supermarkets at low selling prices and tight margins but I guess it's partly to do with building a big enough user base in the beginning. Our boss is ex Diageo and definitely knows what he is doing so lets sit with it and give the guy some credit. With finals this week we will soon enough see if our confidence is justified or not. Best of luck, pete

[deanroberthunt] 07/6/2016 15:40

you. they don't discount Harris Gin

[berny3] 07/6/2016 07:18

The important element is the tail that the offer creates. (increase in repurchases once the offer comes off) It does look in Tesco that the sales volume is moving in an upward pattern as this position is the highest it has ever been. Sainsbury I don't think their website has the same accuracy or frequency of updates as it has remained static there.

[control1] 06/6/2016 21:55

All of the bottles of Redleg at my local (large) Tesco store disappeared inside 2 days in the offer.

Can't wait for the results which will hopefully include an update on the current trading position which should be pretty rosy if this was repeated across the country...

[berny3] 06/6/2016 15:59

Looks like the food festival this weekend went well.

[tommyjnewton] 06/6/2016 15:56

I couldn't help noticing how fast Redleg is moving at my Local Tesco so am not surprised as the progress on the Tesco sales chart.

[deanroberthunt] 06/6/2016 13:43

and it's more grey than black.

[berny3] 06/6/2016 13:35

DRH - interesting comments.

I think you may just be under selling the product and focused on your own opinion and not taking into account others.

The US has huge potential at Halloween and the trail off after this holiday period. Within specific groups such as heavy metal, bikers, goths etc there is nothing that would have the same impact of Blavod. Under the right marketing and distribution there is great potential.

There are no other Black vodkas which are not flavoured. That is quite unique.

[deanroberthunt] 06/6/2016 08:28

yep, Blavod is a gimic, the drink relative to other Vodkas is Chav like....

[control1] 06/6/2016 08:17

Don't get it, people selling off BEFORE results..?!

[petersinthemarket] 03/6/2016 10:37

So ..... I guess it's next week for results.

[someuwin] 31/5/2016 22:53

RedLeg currently £4 off at Tesco - fill your boots!

[control1] 31/5/2016 21:47

Some chunky positions being taken pre news...?

[lr2] 31/5/2016 19:46

Late trade from last Friday reported after hours. 4.85 million this time.

27-May-16 14:58:39 1.20 4,850,265

[someuwin] 31/5/2016 10:07

£4k worth max buy online.

[someuwin] 29/5/2016 22:06

Blackwoods Gin ‏@BlackwoodsGin · May 19

Five times distilled, our Vodka is lightly infused with botanicals from Shetland, giving it a smooth & rounded taste

[lr2] 27/5/2016 15:40

Indeed. 3 trades of over a million today and a late reported trade of 2 million from yesterday. Someone is collecting a tidy number of DIS.

[luminoso] 27/5/2016 15:40

Just had some myself this afternoon.