Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Dignity Plc LSE:DTY London Ordinary Share GB00BRB37M78 ORD 12 48/143P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -8.50p -1.32% 636.50p 634.00p 637.00p 644.50p 625.00p 636.00p 55,436 16:29:55
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 315.6 40.5 63.0 10.1 318.00

Dignity Share Discussion Threads

Showing 1726 to 1744 of 1750 messages
Chat Pages: 70  69  68  67  66  65  64  63  62  61  60  59  Older
DateSubjectAuthorDiscuss
03/6/2019
22:10
IN FT LEX today:Dignity/funerals: profiting from loss Poet and playwright Ben Jonson, pleading poverty, opted to be buried upright in Westminster Abbey. His worries about funeral costs are widely shared in the UK. They have risen at twice the rate of inflation since 2004. Politicians and regulators are determined to intervene. A crackdown on the “shameful̶1; high pressure selling of pre-paid funeral packages is the latest salvo. The sale of these will be regulated by the Financial Conduct Authority, the Treasury says. Listed undertaker Dignity welcomed the move. Even so, its share price fell 4 per cent. The move will hit Dignity’s pre-paid funeral business, currently a quarter of the whole. Bad publicity will reduce the popularity of the plans. Compliance costs will rise. The total impact should be modest. Dignity has already stopped booking profits when a plan is sold. A much bigger investor issue is the full-blown investigation announced in March by the Competition and Markets Authority. Barriers to entry are low: the number of funeral companies rose 83 per cent between 1989 and 2017. Dignity has just 12 per cent of the market, while its bigger rival Co-op Funeralcare has 16 per cent. Previously, the shares had been seen as a strong defensive investment. But a recent price war, along with news of the CMA probe, has hit Dignity’s stock hard. After losing more than three-quarters of their value since October 2016, the shares trade on a multiple of 11 times forward earnings, down from a long-term average of 18. If the CMA does not opt for draconian remedies such as price controls, it is possible the shares have plumbed the depths. Dignity’s fortunes could turn, especially as the long-running decline in the death rate goes into reverse. But investors should steer clear until the CMA probe is over. Ominously, it singled out Dignity’s top-of-the-range profit margins as symptomatic of a market that is not working well for consumers. Bereaved families may be price-insensitive; regulators are not.
checkers2
03/6/2019
14:47
For many years Dignity has led calls for regulation and its research, published together with Fairer Finance has highlighted the poor sales practices and financial management risks that certain providers engage in.Well done Dignity
jonesy2222
03/6/2019
14:18
My tune is the same tune played by the Competition and Markets Authority, so take it up with them, jonesy2222! The CMA said the profit margins at the biggest firms were high by international standards, with Dignity’s in particular “well above” those of similar businesses in other major countries.
jamie48
02/6/2019
16:55
jamie48 still playing the same tune .I wonder why? If we didn't know
jonesy2222
02/6/2019
15:50
Nothing decent about Dignity, jonesy2222. The report said that there was no evidence that higher prices equated with better quality funerals.
jamie48
02/6/2019
12:44
This is good news for decent operators like Dignity Co-op as it will put cowboys out of business.
jonesy2222
13/5/2019
13:20
Report reads worse than I imagined. May be have take a bath on this one. Before more bad news trickles down.
claret dragon
13/5/2019
12:12
THE GUARDIAN Funeral provider Dignity warns fall in number of deaths will hit profits Deaths this year likely to be 3% lower than last year, says one of UK’s biggest undertakers Julia Kollewe Mon 13 May 2019 08.59 BST Last modified on Mon 13 May 2019 09.00 BST A significant fall in the number of people dying in the UK has forced one of Britain’s biggest undertakers to issue a profit warning. Dignity, the UK’s only publicly listed funeral services company, said the number of deaths in the 13 weeks to 29 March fell by 12% to 159,000. This led to a 15% drop in revenues to £81.1m and dragged underlying operating profit down by 42% to £21.7m. The company said historical data over the past 20 years indicates that deaths in the full year are likely to be 3% lower than 2018, at 580,000. This means that its full-year operating profits would come in £3m to £4m lower than expected. It had forecast £307m of revenues and profits of £68m. The news sent the company’s shares down 6% in early trading. An estimated 599,000 people died in Britain last year, a small increase on 2017. The Office for National Statistics expects the number of deaths to go up in the long term, and reach 700,000 a year by 2040. Dignity carried out 19,200 funerals in the quarter, down from 21,400 a year earlier. But its market share rose to 12.0% from 11.7% after the firm improved its services and cut its prices last year, in response to a price war started by the Co-op. Dignity slashed the price of its cheapest funeral by 25% and has been trialling unbundled services for bespoke funerals. Dignity made £190 less from each funeral on average than in 2018, and expects average income for the year to be about £2,940 per ceremony. Sign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDesk Dignity also performed 18,000 cremations, down from 19,100, with a market share of 11.3%. It pointed to the growing popularity of direct cremations – a no-frills option with no ceremony and no mourners present, where the body is collected, cremated and the ashes are returned afterwards. David Bowie, who died from liver cancer in 2016, chose this option and a growing number of Britons are opting for this kind of send-off for their loved ones. Many families struggle to afford a funeral, which typically costs between £3,000 and £5,000. The Competition and Markets Authority has found that the cost of organising a funeral rose by 6% each year – twice the inflation rate – for the past 14 years, and launched an 18-month investigation into the funeral market in March. It noted that profit margins at the biggest firms were high by international standards, with Dignity’s in particular “well above” those in other countries.
adrian j boris
13/5/2019
09:07
Phoenix not looking so clever now.
thamestrader
13/5/2019
07:56
Brace yourselves... that was not a great update, though long term it does little damage. Market share up a touch. Average funeral costs hovering near 3k. Approx £7m loss in revenue due to number of deaths being much lower than expected.
hussyo
08/5/2019
17:28
Selling Off again. Annoying!!!1
claret dragon
06/5/2019
15:16
It's in the Aurora Investment Trust Investment Managers' Report. They paid an average of £9 per share.
topvest
06/5/2019
15:09
Presumably they're saying that now because they've finished building up their stake?
thamestrader
06/5/2019
13:49
Phoenix Asset Management have recently commented that they think Dignity is worth 3x it’s market cap. Quite an interesting comment.
topvest
05/5/2019
08:36
Hi all, stumbled across this share and it seems to be of great value. Over the long-term I’m sure it will be fine. I’ll keep a close eye on this one and watch from the sidelines until the road gets less bumpy.
btfd497
24/4/2019
20:00
Provisional decision report - February / March, 2020 Final deadline for responses before final report - July, 2020 Statutory deadline - 27.9.2020 Plenty of time for uncertainty to flourish! Certainly no rush to buy
michaelmcandrew
24/4/2019
13:30
Any clue to when CMA finalised?
claret dragon
04/4/2019
16:50
Still holding. PAM have gone virtually all in with this one.
claret dragon
04/4/2019
16:00
Phoenix Asset Management. Position 26.7102% well done
jonesy2222
Chat Pages: 70  69  68  67  66  65  64  63  62  61  60  59  Older
Your Recent History
LSE
DTY
Dignity
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20190627 01:58:18