Dcc Share Discussion Threads

[dcme] 16/12/2024 15:08

RBC have reduced their price target to £58. It's like the market is not yet buying into the DCC divestment strategy. It's got to be a buy at this price with the potential for some good dividends if the re-structure plays out as planned.

[smcni1968] 18/11/2024 20:01

The short term flippers are gone, not for a steady run up to 65 quid

[prokartace] 14/11/2024 08:13

And now £53.Are we headed back to £48?

[djderry] 13/11/2024 11:58

Pleasantly surprised to be able to buy more around the £55 mark.Sale of the century.

[djderry] 12/11/2024 07:15

This is a tectonic announcement from DCC.The conglomerate,as we know it,is to end.DCC Healthcare is to be sold and,in eighteen months,DCC Tech could go the same way,depending on results.Already circa 87% of the company,DCC Energy is the new poster boy.Expect the markets to love this.I expect £20 quid in dividends alone over the next two years and ,roughly,a doubling in share price.Yes,I'm probably being over- pessimistic.As Peter Lynch might have said,being caught with one' s pants up!

[smcni1968] 12/11/2024 07:03

Company breaking itself up

[smcni1968] 11/11/2024 22:30

Results tomorrow... This has been a big disappointment of late, come on DCC!

[djderry] 04/10/2024 07:42

Positive write-up in the Investor's Chronicle.

[smcni1968] 20/8/2024 08:11

Hopefully we'll get another late year surge like last year

[paulstills] 20/8/2024 07:04

Very useful thanks as I was looking at starting a small position here

[smcni1968] 19/8/2024 22:47

Good write up!

[pdosullivan] 19/8/2024 22:29

Hi all. I have written a blog on DCC, which I am a shareholder in, that you may find of interest. Feedback is very welcome and, needless to say, DYOR. The blog can be found here: https://tbifund.wordpress.com/2024/08/19/dcc-dcc-ln-it-delivers/

[smcni1968] 11/7/2024 10:26

I think some were expecting a sale of the consumer electronics business

[djderry] 11/7/2024 10:18

As usual the company is doing fine,growing steadily each year.Markets,for about five or six years,if memory serves me correctly, has been ignoring/ underappreciating what's on offer.I'm a long term investor so it doesn't phase me.

[prokartace] 11/7/2024 08:53

How is that a bad trading update?

[smcni1968] 06/6/2024 15:37

JP Morgan:We reinstate our rating on DCC at Overweight with a Dec-25 target price of 6,700p (17% upside). We are positive because: (1) Energy (74% of EBITA) will continue to benefit from organic growth and value-add M&A, with DCC building a leading position in European B2B solar installation (c.5% of Group EBITA) which is a fast-growing market (French/EU MW up 20% p.a.). The goal of increasing Energy profit to £830m in FY30 is achievable, in our view (JPMe c.£680m excl. future M&A). (2) Healthcare is on the cusp of a market recovery. (3) Technology profit is stabilising driven by self-help, with portfolio optimisation optionality. We forecast HSD% EPS growth in FY25-26E excl. future M&A. DCC trades on a 30%/25% discount vs. 10Y median P/E and relative P/E, respectively.

[smcni1968] 15/5/2024 23:58

Motoring along nicely

[smcni1968] 07/5/2024 10:32

Deutsche Bank £70 target price

[smcni1968] 22/1/2024 16:57

Another acquisition, £30mm for eenergy's energy management business. Strangely no press release.

[prokartace] 12/12/2023 09:15

so over £56, what next?

[smcni1968] 17/11/2023 09:17

RBC target to £55. I expect this share price to continue to rise

[smcni1968] 14/11/2023 09:21

Waking up at last.

[djderry] 14/11/2023 07:17

Adjusted operating profit up 12% in the interims.German bolt-on acquisitions of LPG distributor for €160 million.
Business as usual.

[smcni1968] 12/11/2023 15:28

Results Tuesday

[smcni1968] 21/9/2023 05:44

Pushing out the petrol car ban should help sentiment here.