De La Rue Share Discussion Threads

[kinwah] 12/6/2019 10:29

The disposal looks positive from a balance sheet strengthening point of view. Crystal Amber wants DLAR to put itself up for sale. Piecemeal disposals are probably helpful to focus the business before a bidder can be found.

[meijiman] 04/6/2019 22:14

Crystal Amber should help bring about change in this sclerotic company.

[speedsgh] 04/6/2019 20:10

Good to see Crystal Amber increasing their stake...

[d1nga] 03/6/2019 22:40

Another one for the filter 👍

[money fountain] 03/6/2019 19:22

Looks like Knowing the kiss of death bought dlar at 350p.

He bought staf at 365 saying 500p , 3 weeks ago

On thursday his target for Staf was a mere 350p when staf was sub 250p. LOLOL

[meijiman] 03/6/2019 09:13

Yes this company needs a root and branch shake up/clear out. It seems to think it has a protected position.

[kooba] 03/6/2019 07:24

Current chair been position for 7 years and oversaw appointment of ceo whose being edged out and subsequent mismanagement over his tenure.He was Chair of Carillion for 10 years until 2014 which spectacularly collapsed a few years later with serious management accounting and corporate governance issues.Time for proper clean up of the board and an investment bank engaged to seek a buyer for the business while there is still some strategic value left.

[kooba] 03/6/2019 06:58

De La Rue investor attacks management for 'making it a bid target'https://www.telegraph.co.uk/business/2019/06/02/de-la-rue-investor-attacks-management-saying-have-made-bid-target/

[redhammy] 31/5/2019 14:35

Oops, losing money here as well!

[meijiman] 31/5/2019 10:20

Scandal...ceo off to McDonalds for burger frying job.Having mugged shareholders.

[lefrene] 31/5/2019 09:58

The managers get paid a fat salary no matter what damage they cause, very galling. But then why was that huge passport contract not given to a UK company?

[hammopj] 31/5/2019 09:48

Totally overdone imo.

[meijiman] 30/5/2019 21:56

Apparently the deadleg ceo is leaving........

[ny boy] 30/5/2019 21:28

A tad worrying a Company that prints money, can lose so much doh!

Over 1000p in 2014 rejected a takeover bid at 935p, difficult to find competent management these days!

[blueball] 30/5/2019 16:10

Very weak this pm.

[knowing] 30/5/2019 13:44

When does the £2.50 gang arrive?

[knowing] 30/5/2019 11:53

Buying is like printing money

[simba_] 30/5/2019 11:51

Was having a look at this business before the jump in share price. Figured i had missed the boat but have been keeping an eye on them since.Results are too complicated for me. Would have to take some time to pour over but I've lost insterest. Expect these will continue to fall and hit under 300p. Recovery plays are brutal, especially so in these markets.

[sspurt] 30/5/2019 11:25

Well got that one wrong. Really difficult to work out the moving parts what with chunks of exceptionals, writebacks of provisions, IFRS 15 and paper disposal.
However looks like management misled back in Nov plus working capital requirements likely to increase this year plus costs of reorganisation etc still to come through. Margins in currency markets still going down and they need a new CEO so will gracefully step back on this one and watch from the sidelines.

[tsmith2] 30/5/2019 11:10

*certainly think

[tsmith2] 30/5/2019 11:10

I certainly £3 may be tested today