De La Rue Share Discussion Threads

[financialfred] 20/8/2021 16:01

and they always honest aren't they in their reports, especially de la rue

[deanowls] 20/8/2021 10:30

It’s in the reports. They are at capacity, there is more demand than they can print. New line to come in a couple of months.

[imastu pidgitaswell] 20/8/2021 08:41

(And guess what - 180 again...)

[financialfred] 20/8/2021 08:28

volvo how do you know all this information?

[volvo] 17/8/2021 19:37

Management are super bullish.....orders queuing up, press capacity the problem.....but a nice problem

[buywell3] 17/8/2021 08:10

looks like a lower high just now in on the chart

[gargoyle2] 17/8/2021 07:47

We had one at the 27 July AGM, so I wouldn't expect anything more in the short term.

[financialfred] 16/8/2021 16:39

wonder whether we'll get a trading update?

[volvo] 13/8/2021 14:39

RNS will follow today, CA shifting stock but to who?

[volvo] 13/8/2021 12:48

Theres your volume building up....

[volvo] 11/8/2021 10:58

nobilis 10 Aug '21 - 12:28 - 1573 of 1575

Cry Amber dumping

12.98% -> 11.4%


So someone wants the CA stock with 1.6pc sold, guess they would like to entice a buyer for the whole company at 300p plus.

Watch the volume, any big trading day and we could be off to the races

[volvo] 10/8/2021 19:43

.....strong trading and single didget pe....what do people expect, big trading statement due

[tonytyke2] 10/8/2021 16:36

Nice rise in share price today!

[nobilis] 10/8/2021 12:28

Cry Amber dumping

12.98% -> 11.4%

[imastu pidgitaswell] 10/8/2021 10:50

Maybe - but you can't deny the attraction thus far:


free stock charts from uk.advfn.com

[volvo] 10/8/2021 10:47

ip not for long the August drift will be met with reality soon, company trading strongly

[imastu pidgitaswell] 08/8/2021 12:53

Back to the everlasting attraction of 180.

It's like a magnet.

[gargoyle2] 05/8/2021 23:44

Interesting dynamics since Crystal Amber is also a forced seller and reducing, whilst simultaneously (maybe) looking to get rid of its 12-13% stake...

[financialfred] 05/8/2021 20:04

thanks zho, apologies for the corrupted link

last paragraph most important

The Fund strongly believes that De La Rue's equity valuation is significantly mispriced. Unless the stock market is prepared to value De La Rue appropriately, Crystal Amber anticipates that it is likely that a trade buyer or buyers will intervene in order to acquire the business.

[masurenguy] 05/8/2021 18:48

Cheers zho.

[zho] 05/8/2021 18:44

It should work if you replace hxxps with https.

This is what it says:

During the quarter, De La Rue published full year results to 31 March 2021 and reported adjusted operating profits of £38.1 million. This compares with upgraded guidance of £36.5 million and was after returning furlough payments. The Currency Division achieved 100% banknote capacity utilisation and strong margin progression. Its polymer growth plans also saw encouraging progress. The Authentication Division secured £195 million of expected multi-year contract value. The essential management changes instigated by the Fund, continue to bear fruit. Nevertheless, De La Rue's share price trades on a multiple of just 0.83 of current year revenues and on a PE multiple of 11.4 times earnings. On consensus estimates for the following year, the revenue multiple is forecast at 0.76 and the PE multiple at 8.4. De La Rue enjoys a market share of 30% of global commercial banknote printing, whilst its Authentication Division is expected to achieve current year revenues of £100 million, delivering EBITDA margins of 22%. The Fund strongly believes that De La Rue's equity valuation is significantly mispriced. Unless the stock market is prepared to value De La Rue appropriately, Crystal Amber anticipates that it is likely that a trade buyer or buyers will intervene in order to acquire the business. Over the period, shares in De La Rue were down by 9.6%

[masurenguy] 05/8/2021 18:38

Above link does not work.

[financialfred] 05/8/2021 18:21

From crystal amber monthly net asset value report, read the section on de la very revealing.

hxxps://storage.googleapis.com/crystalamber-com.appspot.com/_downloads/monthly-net-asset-value-2021-08-05.pdf

[volvo] 04/8/2021 18:37

.....super positive news.

AR are offloading, people stepping up at 175p.....watch the volume.

Going to get exciting soon. dyor

[sphere25] 04/8/2021 13:27

Took their time disclosing that one!

The volume dried up after those first few chunks on the 29th July. Sometimes the whole lot can get placed in one day, but it looks Crystal Amber aren't going to pull the offer and will be seeking buyers for the rest somewhere around these prices.

Market's are naturally fluid and things can change, but that appears to be the theme now with the initial little pop on the day not being sustainable as Crystal Amber come back in and start lobbing again.

They have cut about 3m shares and down to 22.25m.

Keeping a watch for the rest to get placed. I'll be surprised if it doesn't pop higher toward at least £2 once they are cleared.

Should be glaringly obvious when those prints start hitting the book. DLAR rarely trades 2m.

Watch this space!

All imo
DYOR