De La Rue Share Discussion Threads

[mmickyboy] 02/12/2008 12:07

write up in i.c. says sell last week, aparently during a down turn bank notes change hands less frequently and so dont wear out as often, so they could be hit by the downturn. good set of results tho,

Im short from £9
Long @ £8

Resistance should be @ £9.10- £9.25 looking at chart cant see it breaking it myself, but time will tell

[gerryl] 28/11/2008 17:12

How can they go wrong, the one area that isnt in decline is the requirement to print bank notes !!!

g

See upside to 9.00 from here

[enami] 26/11/2008 09:01

Results look OK. Dividend up 110 percent, profits up, margin up.

[wjccghcc] 10/11/2008 15:44

sorry didn't read the smallprint as I sold mine at 921p last week (wanted to avoid the capital return). Will look to re-enter when it's out the way.

[enami] 10/11/2008 15:34

A bit unlikely WJCCGHCC.

The share price will remain broadly the same if it is close to 850 at close on Friday
Here are my calculations

DE LA RUE B shares.
You have 2 options
1. A single dividend of 305p
2. JPMorgan purchase at 305p
Or a combination of the two options

This is how I calculate the base cost of the B share issue for CGT purposes.

Say you bought 1000 shares at 741.5p (the 52 week low), the base cost is
([741.5 + 0.5%] x 1000) + dealing cost (£10?) = £7462 or 746.2p per share

35.9% of the base cost is allocated to the B shares.
(1-(25/39)) x 746.2 = 267.9p

Therefore the Capital Gain on B shares purchase offer is
(305 – 267.9) x 1000 / 100 = £371

CGT liability £371 * 18% = £66.78

If you take the B share single dividend option for the Capital Return (£3050) you will have to pay 25% tax (£762.50) assuming you are a higher rate tax payer.
The maximum tax on dividends is 32.5% and the dividend received has a 10% tax credit.


The Ordinary shares are consolidated 25 for 39 so the 64.1% of the remaining base cost 478.3p is calculated back to 746.2p (to be used as the base cost for future CGT calcs)

478.3 x 39 / 25 = 746.1

You would after the Capital Return hold 641 New shares.

[wjccghcc] 10/11/2008 15:02

I should think the 530p target is ex the 305p return.

[enami] 18/9/2008 17:02

Aye looks good but director selling this afternoon.

[cockneyrebel] 18/9/2008 10:58

Very nice rise today.

CR

[enami] 16/9/2008 15:47

Zipping ahead today after the positive trading statement and annoncement of the 305p return of cash via B shares.
UP nearly 6% as I type

WEEKLY CHART target 1000 - 1090

[ydderf] 23/8/2008 14:04

your computer is a sell!

replace it with:

1. an envelope - only use the back
2. a pencil

then enlighten us all as to your views......

[daveinchy] 21/8/2008 22:17

My computer is telling me that DLAR is a 'Buy'.
The computer has a better record than me - so - assume I should buy it !

[ydderf] 11/8/2008 16:50

Shoot this dog!

It has no teeth - the whole market is up, but not this crookney classic!

[masurenguy] 06/8/2008 09:30

LOL - ydderF gets my nomination for the ADVFN 'Vacuous Dimwit Of The Year' award !

This is what he posted on the FDL thread over the past month commencing July 8th when the share price was 153p.
Today it is err..........194p
Thats UP by 26%

RLMFAO at such a complete twerp !
............................................................................

ydderF - 6 Jul'08 - 538 of 543: its going down - the market says so, and prospects for UK plc say so, I say so and the city says so......although there are a couple of penny punters here in clear disagreement......i will say no more and let the market price be eloquent for me

ydderF - 8 Jul'08 - 540 of 543: Down again, the market is more intelligent than the positivistas here.....I am right so far, and you are wrong - repent!

ydderF - 11 Jul'08 - 543 of 543: imho dimwits like you shouldn't be trusted with their (note spelling - and also note that writing 'there' when you mean 'they're' is a litmus test for thickness) own investment decisions, since the taxpayers have to fund your stupidity in due course with dhss payments...

ydderF - 2 Aug'08 - 552 of 562: you really owe your dwindling band of followers a proper explanation for your gamble in this dud my friend

[ydderf] 05/8/2008 16:03

have you got a red face crookney ?

you oughta, this dog is down AGAIN today but CTT is now up 35 per cent since i challenged you........never mind i wont tell your fans on crookneys den just yet, it can be our little secret until CTT break 150!

[ydderf] 04/8/2008 16:14

still going down, unlike CTT, and the crookney family fortune!

[ydderf] 02/8/2008 18:27

crookers, it might help if you get a chart posted up of CTT from 110p and dela rue when u bought 'em at 910p.....a bit embarrassing i know, but it will help us both keep an eye on the divergence between genius and gormlessness....?

[enami] 31/7/2008 11:16

It's a bit volatile here today.

Director sales yesterday "vesting and release of allocations under deferred bonus and matching share plan".

More today causing this drop?

[ydderf] 25/7/2008 18:47

crookney, don't you regret not buying CTT at 110 instead?

unless, maybe you're short DLAR.........lol

[cockneyrebel] 25/7/2008 17:23

HSBC now below 3% - think these will move up sharp as they did in May if and when these nancies finish selling.

CR

[cockneyrebel] 24/7/2008 09:21

Excellent trading statement

CR

[cockneyrebel] 23/7/2008 17:08

Hmm, there's options somewhere to have other graphics - not a video of the call tho.

Some large trades at the close at good prices. I have the AGM down as tomorrow.

CR

[robcoo] 23/7/2008 07:11

Vey interesting- but why do i get a picture of a sheep rather than the graphics?

[cockneyrebel] 22/7/2008 15:54

Worth listening to the audio presentation here if you're new to DLAR.




CR