De La Rue Share Discussion Threads

[robcoo] 31/1/2013 08:24

Interim management statement 27 Jan last year, when this year? There seems to be an amount of bad news coming out, but presumably board is still happy with operating profits of £100m plus in 2013/4 since there has been no correction

[gck] 10/12/2012 08:55

Perhaps this is contributing to the recent share price decline.

[el chupacabra] 07/12/2012 18:31

technicklea low 800dreds could be on the cards bh

[bountyhunter] 07/12/2012 18:27

...they'll probably all overspend at Xmas though and the Drachma etc will all be back on again in the New Year ;-)

[global mega boom] 13/11/2012 17:46

sounds like Greece delayed their order!

[argylerich] 07/9/2012 23:38

Any broker comment here?

[vulgaris] 18/6/2012 13:09

Telegraph blog is saying that CEO of De La Rue has pulled out of the G@0 owing to 'personal reasons'.



Does the CEO of De La Rue ordinarily attend G20s or is there a hint to some printing work to do????

[yangou] 06/6/2012 12:30

Do they sell these pinters to private buineses and investors ? So they just need to print more money when they are not doing o well? lol

[goggin] 15/5/2012 08:12

target £11.27 then short back to £9.50

[mike24] 14/5/2012 23:16

sold up,
looking to buy back, difficult to see how the euro can survive
four countries need to de-value asap

[goggin] 14/5/2012 15:00

Is this rising in the belief that De La Rue will be printing Drachma's soon- lol

[northernlass] 12/5/2012 18:33

Recovery Continues Apace

Year Of Great Note For De La Rue

IT HAS been a productive year for the chief executive of the world's largest banknote printer De La Rue - and there are some exciting times ahead.

Tim Cobbold has certainly had to face some tough challenges since he took over the reins of the multi-million company back in January 2011.

Today, he heads a company that not only prints banknotes for 150 currencies, but produces a range of documents including travellers cheques, vouchers and even passports.

The security printer is also a leading provider of cash-sorting equipment and software solutions to central banks all over the world...............

Read the full story here:



P.S.

Here's a couple of links about SCLP, one of the hottest stocks at the moment:

[northernlass] 12/5/2012 18:31

Quitting Kenya If 10-year Deal Annulled

De La Rue To Quit Kenya If 10-year Deal Annulled

Currency printing firm De La Rue will close its local subsidiary if the Kenya Government does not grant it exclusive rights to print currency, the firm's UK management told MPs on Thursday.

De La Rue's UK team flew into the country on Wednesday evening to meet the parliamentary Public Accounts Committee which is investigating the firm's acquisition of a 10-year exclusive contract to print Kenya's currency.

Speaking during the hearing, De La Rue's director of market development, Mr Mark Crickett, told the committee that the company's business would be unprofitable if was denied the currency printing deal.

"The cancellation would technically undermine and compromise the financial viability of the currency notes printing business, which would make us move the production resources to other countries," said Mr Crickett.

In past hearings, Central Bank of Kenya governor Njuguna Ndung'u told the committee that the deals had seen the country lose over Sh2.7 billion to the firm.

Asked whether it had lost money due to cancellation of the contracts, De La Rue said it had not suffered any losses.

The Central Bank has said in the past that it would not guarantee the firm the business of printing Kenya's currency.

De La Rue is also tasked with giving details on a Joint Venture Agreement it is negotiating with the Treasury to see the government own a 40 per cent stake in it, at a cost of Sh665 million.

The committee is also probing the circumstances leading to a 10-year exclusive printing contract awarded by the Cabinet to the firm as part of the deal, leading to the joint venture agreement.

Dr Khalwale said the committee will issue legal summons to former CBK governor Andrew Mulei and retired CBK secretary John Macharia Gikonyo, who have twice dishonoured calls to appear before it on matters relating to the De La Rue saga.

Source:



Video Background:

[sanks] 28/4/2012 00:23

My level 4 shorting alarm went off today. Could not resist.
Poodeed at £9.82

Hope it helps

[jange2] 27/4/2012 16:48

Don't know but it drifted off from £10 for no real reason. Oberthur??

[cboney] 27/4/2012 16:18

whats going on here

[jange2] 18/1/2012 16:52

Great close. Oberthur sniffing about again? I wonder.

[bountyhunter] 07/12/2011 10:01

xd drop today

[bountyhunter] 05/12/2011 21:45

XD Wednesday 14.1p, payable on 11 January 2012

[thebigbadbear] 02/12/2011 16:17

so do you think this is worth investing?

[jange2] 28/11/2011 16:18

Interesting article in the Telegraph business section today re Cobbold. A class act and for that reason alone I wouldn't bet against DLAR.