De La Rue Dividends - DLAR

De La Rue Dividends - DLAR

Best deals to access real time data!
Level 2 Basic
Monthly Subscription
for only
Monthly Subscription
for only
UK/US Silver
Monthly Subscription
for only
VAT not included
Stock Name Stock Symbol Market Stock Type
De La Rue Plc DLAR London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
1.40 0.97% 145.40 16:35:22
Open Price Low Price High Price Close Price Previous Close
142.20 142.20 147.40 145.40 144.00
more quote information »
Industry Sector

De La Rue DLAR Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

qvg: Gargoyle, I have only just started to read the Interims this morning, but they seem to be very much in line with the comment 'DLAR see no effect from covid' I guess CA = Chrystal Amber. I am not sure how Directors of DLAR would have any more insight than us?
gargoyle2: Volvo, that statement (that DLAR see no effect from COVID in general) isn't consistent with what Vacher said in the recent results presentation. He mentioned the covid impact several times -- that there has been some variability in GRS volumes as countries recover from the pandemic, that there was some uncertainty going forward about recovery rates and timings of supplies under recently won Authentication contracts as a result of covid -- hence the need to roll back on the previous guidance that Authentication would reach £100m sales this year. I think it's an issue that will likely affect Authentication rather than Currency though.
clanger66: You look at the price movement. Since the crystal amber vote on Monday where even though 50 odd percent voted to keep the fund going, they didn't reach the maximum 75 percent needed hence DLAR share price has come back some 15 percent and part of this was pre half year results. Crystal Amber will probably be wound up, this potential has been hanging around for months now and without a doubt has depressed the price of DLAR. Once the stake has been sold I would expect the share price to jump which is why I stay invested. I didn't see anything in the results announcement to change my mind on this.
masurenguy: Well shareprice movements are often irrational in response to news, otherwise we could all subscribe to a software program that would syntahize news, technicals and ratios and predict price movement with a reasonable degree of accuracy. On the basis of todays interims DLAR is valued at circa 11x 2022 earnings and 8x projected 2023 earnings. There is still further growth forecasted, debt has come down, the pension deficit has been virtually eliminated and a dividend should be restored next year. Current valuation therefore seems to be extremely low and the uncertainty surrounding the future Crystal Amber stake - the largest shareholde - is probably part of the reason as markets hate uncertainty. I will retain my whole position here since when the CRS clouds have cleared I think that the rerating will commence thereafter influenced of course by the fate of their shareholding.
volvo: ff your summing up exactly the markets perception of DLAR. Except it’s presses are running 24-7. Uk without doubt is edging towards cashless, but it will take years for it to happen. How about Africa, or South Asia or east Asia etc for example? For these types and other areas cash is here forever, and DLAR print tonnes of it. Tomorrow will hopefully restart things
richjp: I have just taken a small opening position. I found the following PiWorld item on Crystal Amber interesting beginning at 10:24: hxxps:// The way the presenter talks suggests that Crystal Amber will indeed be closed down. He goes on to make the case to explain why some of the major holdings such as DLAR will be attractive to other buyers. If the market as a whole believes that Crystal Amber will be wound up and is affectively a done deal, that suggests to me that the price of DLAR is already discounted. I was going to wait until the outcome of the CA vote, but have taken the plunge now and may add when we see what happens to CA.
aringadingding: Great article. The last paragraph, by discussing dlar straight after the cash smuggler, seems to imply dlar's demand is significantly drven by smuggling. But that is not proven by the article at all. Indeed with respect to the uk, the absence of high denomination bank notes is a reason to think it is low. The reduction in issue of high denomination bank notes worldwide would seem an obvious and available first step in reducing cash smuggling. This would actually increase banknote demand from printers measured by number of notes. I think the arguments of low interest and inflation rates are strong, plus i can see why people would want to hold cash in a pandemic as a backup plan. Plus i think there might be an effect of general economic growth resulting in more ppl with the wealth to just hold some cash. In the end either we go cashless or not, and i really don't think many countries will. I think people around the world have a natural mistrust in technology, and that is quite well placed really. There is a romance to cash. Life involves exchange of goods and cash celebrates that. Cash is just part of life and the idea that every purchase should be actioned via a smart phone or similar i don't think is a good one.
masurenguy: An interesting perspective from Merryn Somerset Webb this week. DLAR are on a current PER of circa 11 and a forward year PER of circa 8, which could have interesting implications for the valuation metric for DLAR at some point in the future! "If inflation gets to and sticks at, say, 4%, the prices of growth stocks will surely tank – you will want a 4% earnings yield to compensate for the inflation, something that suggests you won’t want to pay a price/earnings ratio of much more than 20-25 times for any equities. The p/e of the S&P 500 is currently 30 times; that of the FTSE 100 is more like 15 times. That rather suggests that if you want to avoid the worst of the inflation effect it’s time to shift from growth to value, something the clever private equity industry is already doing. There’s a reason buyout groups have paid an average premium of 47% over the prevailing share price for UK companies this year."
volvo: ff, Motley Fool rightly points out that DLAR is cheap, but its others assumptions are to a certain degree, wrong. DLAR produces bank notes to about 50pc of the worlds banks and in many of these areas cash is still king, contactless doesnt even exist and that transformation will take years to implement, and even then cash will play a major part, and will need reprinting year after year. Currently the printing presses at DLAR are running 24hrs a day 7 days a week....and soon polymer printing capacity will double. I have spent the summer nibbling away at 170p-175p, because imo the next trading statement in later September, early October will confirm strong trading and profitability. Cash is here to stay.dyor
gargoyle2: I'm not sure that analysis tells the whole picture though, at least for DLAR shareholders. Saba has been selling DLAR shares short, thus depressing the price. Whilst I accept that Saba may have done that in order to hedge its ultimate DLAR exposure, DLAR shareholders haven't had any benefit (in terms of DLAR price increase) as a result of Saba buying into CA. So I still see it as shorting DLAR.
ADVFN Advertorial
Your Recent History
De La Rue
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20211204 15:57:52