Devro Share Discussion Threads

[essentialinvestor] 29/11/2016 15:12

We have all been there, don't beat yourself up about it racg,
everyone makes miscalculations sometimes, part of being human.

[racg] 29/11/2016 15:06

I cannot believe how bloody stupid I am.

[racg] 29/11/2016 14:24

So important I said it twice

[racg] 29/11/2016 14:23

They need to either A/ show some progress on sales volumes or B/ cut the divine to show the debt is going to be managed down quick.

[racg] 29/11/2016 14:07

They need to either A/ show some progress on sales volumes or B/ cut the divine to show the debt is going to be managed down quick.

[racg] 29/11/2016 13:59

What they bloody up to, useless bloody moron directors.

[racg] 29/11/2016 13:58

Looks dreadful.

[hybrasil] 29/11/2016 04:33

These director buys look like a real case of "c,mon lads we need to do something to support the share price"
Looking at the chart this could fall back to sub 1£.

[racg] 28/11/2016 13:55

let's hope they get their act together before the rug is pulled out from under them, got terrible average of 1.95 here and I ve only been an investor for about two weeks. Oh well.

[essentialinvestor] 23/11/2016 22:18

Agree there is an outside possibility of a bid.

FT article pulls no punches.

[engineer66] 23/11/2016 21:51

FD had a pretty small buy and there seems complacency given the underperformance relative to Viscofan. The article helpfully draws attention DVO which should be on the receiving end of a bid if there are further slip ups.

[mozy123] 23/11/2016 19:03

That buy is probably 2 weeks wages - 100k buy and ill take note!

[phillis] 23/11/2016 17:45

One assumes the FD knows what he is doing

[essentialinvestor] 22/11/2016 14:07

Net debt and market cap are getting closer atm.

[racg] 22/11/2016 04:22

Good article but not very helpful to us holders. hopefully this is the bottom, as I m now at my max top up - which is a rule I usually break to my detriment.

[cerrito] 21/11/2016 23:20

Not in this myself and never really looked at it but I though the Small Talk article in today's FT comparing Devro and Cranswick was good

[essentialinvestor] 21/11/2016 21:55

Good luck with your holding, not meant sardonically btw.

[thewheeliedealer] 16/11/2016 21:20

Hi EssentialInvestor, if you look at the Blog I wrote at the time I bought a Pilot Position in DVO I made the Risks very clear - in fact, you will find a long list right upfront. There is a link to that Blog at the bottom of the one I just posted.
You are spot on that there is a big Debt problem here - this is why I only put 1% of my Portfolio into DVO and why I will not commit further Funds unless and until the Company gets recapitalised and sorted out.
cheers, WD

[thewheeliedealer] 16/11/2016 21:16

Hi stupidboypike (I'm sure you're actually quite sharp !!), thanks for the feedback. As you imply I think DVO will get very interesting once they sort the mess out - as I said in the Blog it probably needs a change of Directors and is clearly under capitalised. Once we have clarity on those it could be a really decent Buy.
Cheers, WD

[essentialinvestor] 16/11/2016 16:55

Net debt and market cap continue to come closer.

[essentialinvestor] 16/11/2016 13:30

Would be even more brilliant if he had spotted the downside risks
before now.

[stupidboypike] 16/11/2016 10:29

THEwheeldealer, brilliant piece of work - thanks. Luckily for me I'm not a holder but I could be once I see the end to the bad news (and as you say clarity on their financial position). Thanks for sharing your research. Best regards SBP

[thewheeliedealer] 15/11/2016 23:33

Hi all,

You may recall I bought into DVO a few weeks back. Sadly it has not gone as I hoped it would and I am now very concerned that the high Debt and poor Trading have conspired to make the Capital Position look very ugly - I don't see how they can avoid a Rights Issue or Placing or something. Anyway, I have written a Blog here about how I think this will play out:



I hope it helps Holders assess the situation and decide on a course of action.

cheers, WD

[engineer66] 10/11/2016 14:33

I'm just brassed off with the statement - ought to be doing better on sales.