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DLAR De La Rue Plc

81.50
-1.80 (-2.16%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
De La Rue Plc LSE:DLAR London Ordinary Share GB00B3DGH821 ORD 44 152/175P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.80 -2.16% 81.50 80.80 81.30 83.90 80.80 83.50 521,026 16:35:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Printing, Nec 349.7M -55.9M -0.2854 -2.84 158.67M
De La Rue Plc is listed in the Commercial Printing sector of the London Stock Exchange with ticker DLAR. The last closing price for De La Rue was 83.30p. Over the last year, De La Rue shares have traded in a share price range of 29.50p to 91.50p.

De La Rue currently has 195,886,314 shares in issue. The market capitalisation of De La Rue is £158.67 million. De La Rue has a price to earnings ratio (PE ratio) of -2.84.

De La Rue Share Discussion Threads

Showing 4326 to 4348 of 4350 messages
Chat Pages: 174  173  172  171  170  169  168  167  166  165  164  163  Older
DateSubjectAuthorDiscuss
25/3/2024
17:46
CA Interims are due out on Thursday.

DeLaRue AGM for year ended 25th March 2023 (sic) was on September 7 and they put out Interim results for 2023/24 on December 19.

Clive Whiley indicated in the Interims that an update on trading in FY23/24 will be presented by May 31st.
"The Board is determined to utilise [December19th's] market update as a springboard to optimise the underlying intrinsic value of the business, for the benefit of all stakeholders, on which the company will provide an update before 31 May 2024."

wbodger
25/3/2024
10:30
Could be something in that. It’s unusual for CA to stay quiet for so long especially with them needing to sell up. Normally they would be agitating. Perhaps they are waiting for the end of year results which have promised improvement based on increased order books and reasonable half year.
mickyl
20/3/2024
10:36
Bidder still doing its due diligence...?
gargoyle2
20/3/2024
10:15
What is going on with this share? No news flow in 3 months, negligible daily trading volume and not a word from its largest and most vocal shareholder CA?
jensen10
07/3/2024
11:23
Hopefully an improving set of financials, as talked up by Clive Vacher re the market changing for the better, will spur the share price beyond £1.10. Takeover then a real possibility as business will be stabilising.
mickyl
05/3/2024
10:02
Well that would be amusing if it were to happen. didn't some French outfit bid over 700p for this crock some years ago? Rejected. In reality there is and was no alignment of interests between management (at that time) and shareholders.
meijiman
05/3/2024
09:34
I think DLAR will be taken over, probably by a US predator, this year.
masurenguy
05/3/2024
09:00
Surely that just depends on the takeover pricing? Looks to be a win/win business improving, outlook improving and a possible takeover target.
shrewdmole
15/2/2024
15:09
I don't want a takeover myself, market conditions are moving favourably, especially for bank note demand which appears to have been a pleasant surprise. Let's hold out for well over £2.
harry_david
15/2/2024
09:22
...a robust pipeline of opportunities for disciplined M&A.The Crane NXT ( $3.4b market cap) businessImportant subsidiarieshttps://www.craneauthentication.com/https://www.cranecurrency.com/
kooba
14/2/2024
21:36
Strong results from Crane..Aaron W. Saak, Crane NXT's President, and Chief Executive Officer stated: "We delivered a strong close to 2023, underpinned by outstanding operational performance from both our businesses. We achieved adjusted EPS of $4.16, exceeding the high end of our guidance, as well as generating 4% growth in core sales, and expanding our adjusted segment operating margins by 30 basis points year over year."Mr. Saak continued: "With this solid foundation in place, we are well-positioned to execute on our strategy, both organically and through acquisitions. We have a strong and flexible balance sheet, ample liquidity, and a robust pipeline of opportunities for disciplined M&A. As we look to 2024 and beyond, we have a clear path to build on our success, expand the business, and drive long-term, sustainable shareholder value."Currency saw good tenure growth and improved margins.
kooba
01/2/2024
13:11
Then big gap up to 150p
soleman1
01/2/2024
12:44
Broken through 90p barrier. Next charted resistance 104p
mickyl
20/1/2024
08:28
As I've said before i think the company is a sitter for a takeover approach before it has time to recover further ..if the offer reflects the strategic market position and that recovery potential it might well succeed with CRS and RG now holding over 25%..but it would still have to be a decent premium. Maybe what he is looking for?
kooba
19/1/2024
19:20
It’s interesting that an Investor like Griffiths is still investing at 85p. He clearly thinks there is mileage in the company. I think it’s sad about the Gateshead plant. It was once the flagship with an enviable reputation!
mickyl
19/1/2024
11:05
I think there are some trade report systems that do not feed into the LSE volumes. But here though it is likely that only the transaction that took it over a percentage barrier that is the trigger for reporting .The holder could have moved from just over 9% to 9.99% weeks ago ..it was the transaction that breached 10% that made it disclosable.
kooba
19/1/2024
09:06
Thanks Kooba. I look at the trades most days and didn’t see a spike. Is there a way of purchasing shares without them showing up on the daily volume of shares traded?
mickyl
19/1/2024
06:56
His overall exposure has moved from 9.09% to 10.19% since the end of November so purchased another 2.15m shares breaching the % reporting level.
kooba
18/1/2024
22:45
Has he purchased more shares at 85p? I noticed it said 7.91% voting rights through financial instruments. What does that mean exactly? Has he purchased the rights to other people’s shares?
mickyl
18/1/2024
12:20
Richard Griffiths ads again. 10 percent now
simmsc
11/1/2024
11:20
Thanks wbodger. It’s a compelling argument for <£1. CRS can’t hang around for a sale and may come under pressure to sell sooner rather than later. No doubt they will be talking to Crane currency et al to takover their stake.
mickyl
10/1/2024
17:01
In theory, perhaps. But they will be aware how much of a loss/gain they expect, that's human nature.

I didn't go back much before the capital raise, because CA have mentioned in communications that they initially made a gain after the capital raise. Here are some pointers (DYOR):
AR-to-EndJune-2023:
In July 2020, De La Rue completed a £100 million fundraise which was priced at 110p per share.The Fund [CA] was the largest investor in this raise and ended up owning around 18% of De La Rue’s issued share capital. Following a significant rise in the share price, the Fund reduced its exposure and reverted to being a 10% shareholder.

Previous Year. AR-to-EndJune-2022:
Additional investments and shareholder returns were funded by reducing the Company’s shareholding in De La Rue ... The holding in De la Rue decreased to 9.8% of De La Rue’s equity (2021: 12.3%)...

This does not tell us much about how much profit or loss was made selling down from 18% to 10%.

It is likely the shareholding they had before the 2020 capital raise took a hit, and if they paid over £4 a share for it, a big one, but raising the holding to 18% at a price of £1.10 would have averaged it down. £1.10 is therefore not a bad starting point for a guess. Averaging between £1.10 on 10% and £0.50 on 6% gets me to about £0.87 blended on the current 16%.

wbodger
09/1/2024
10:19
Why does it matter what their historic average cost of holding is? They are professional investors. Their fund NAV is marked to market. Their exit will be based on what they believe the company is worth in the future.
jensen10
Chat Pages: 174  173  172  171  170  169  168  167  166  165  164  163  Older

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