De La Rue Share Discussion Threads

[galaxy enforcer] 08/4/2020 10:06

Added a few more this morning and happy to build on that position. The turnaround is showing to be gaining traction and I do expect multiples from this level.

[dealy] 07/4/2020 13:03

good man. this is such a steal

[tburley] 07/4/2020 12:47

I've been adding for a while now.

[dealy] 07/4/2020 12:36

nobody listens!!

[dealy] 06/4/2020 09:09

no volume. Private Equity would love this

[dealy] 02/4/2020 15:14

these were 60p to buy yesterday. now 51p. crazy. they just said everything is going fine

[wigwammer] 01/4/2020 16:22

Oh my looordy lord... not a.. a.. a.... downtick?!!Make sure you get yer moneys worth saddo :)

[wigwammer] 01/4/2020 07:51

Who cares?I didn't own it at 450p. It might be interesting now.

[quepassa] 31/3/2020 19:30

yawn


The share price tells the true story. 450p a year ago. 55p now.

the rest is hot air

[wigwammer] 31/3/2020 18:24

QP is trying a little too hard. Makes me confident here. Hold on fast to those shares :)

[pejaten] 31/3/2020 15:50

They sold a business for nearly 50m in october

[quepassa] 31/3/2020 14:32

No RNS. Seen nothing. I have zero information whatsoever. The SFO website says nothing new (as perhaps to be expected as it was only launched last summer).

So far, par for the course perhaps. And goodness knows what additional delays or hurdles there may or may not be when pursuing an investigation involving South Sudan.

These investigations can sometimes take ages and ages which perhaps creates an unappealing corporate over-hang.


ALL IMO. DYOR.
QP

[knowing] 31/3/2020 14:07

What do you think QP? Have you seen an RNS?

[quepassa] 31/3/2020 14:03

Anyone know how the SFO investigation into De La Rue over the South Sudan affair investigation is progressing?

On-going?

ALL IMO. DYOR.
QP

[farrugia] 31/3/2020 11:07

how did they reduce the debt so much?

[wigwammer] 31/3/2020 10:50

I'd rather see impressive degearing, than impressive words. atb

[meijiman] 31/3/2020 09:32

I'm starting to warm to this company a bit. After a decade or so (feels like it anyway) of clown like management there could be glimmers of a better future ahead. Would see this as one of the more obvious plays to be more or less unaffected by the coro virus.

[pre] 31/3/2020 09:14

debt reduced significantly and turnaround in progress, good to see here:-)

[quepassa] 31/3/2020 09:12

I have read several TU's recently where a given company has provided a more measured or well-rounded response over the current crisis where they have said that Covid is expected to have a minimal impact or limited impact on their business.

They are not an airline. They are not in hospitality. They are not a car manufacturer. Not in a sector which is clearly decimated by the lock-down and consequent economic slump.

So a belts-and-braces statement over COVID is a little too generalised in my view, given the sector they operate in.

ALL IMO. DYOR.
QP

[wigwammer] 31/3/2020 09:02

QP wants liquidity so he can buy in. Don't give him your shares. Simple :)

[pre] 31/3/2020 08:59

good turnaround in progress:-)

[jensen10] 31/3/2020 08:57

Qp. Which sane business/CEO would not put that last sentence in any update in this environment. As good a trading update as you could hope for if you are a shareholder, key being lower debt metrics even though pension payment made and no mention of 'going concern' like last year. CEO seems to have had an excellent start to a very poorly run company previously.

[farrugia] 31/3/2020 08:48

how come they managed to reduce the debt so much though?

Net debt at the end of FY 2019/20 is expected to be approximately £105m and includes full payment of the annual pension contribution, down from £170.7m at half year 2019/20. This allows the Company to maintain a good level of liquidity headroom under its £275m revolving credit facility, which expires in December 2021.

[quepassa] 31/3/2020 08:30

HANG ON A SECOND.

THE STING IS ALWAYS IN THE TAIL.

THE LAST SENTENCE CONTAINS THE POSSIBLE VENOM:


" At present, it is too early to quantify the potential impact on FY 2020/21."


DON'T HANG OUT THE BUNTING YET.


ALL IMO. DYOR.
QP

[dealy] 31/3/2020 08:07

business as usual, just shares are one third of last month's price