Dignity Share Discussion Threads

[gucci] 03/2/2006 12:50

this is what i meant by BULLISH chester

[gucci] 03/2/2006 08:23

agree chester

[chester] 03/2/2006 07:56

gucci...what do you mean 'chart looking bullish again ', when did it not look bullish ?

[Abuse team] 03/2/2006 02:51

Post removed by ADVFN

[gucci] 02/2/2006 08:24

chart looking bullish again

[Abuse team] 01/2/2006 23:01

Post removed by ADVFN

[gswredland] 01/2/2006 22:29

hopefully move to 500 now..

[bingobingy] 01/2/2006 16:53

Oh yes, since 265.

[chester] 01/2/2006 16:43

We have a break out again, everyone still on board ?

[chester] 27/1/2006 10:01

off we go again.....

[mryesyes] 21/1/2006 14:56

Yep its a safe buy isn't it, I'd certainly swap any M&S into this they are both about 450p; but, everything has a price and the higher the degree of safety the lower the return in dividend and poupward velocity. BTW I have 6500 and am buying more........

[india93] 19/1/2006 09:29

Sorry about the format but anyway:

Raising 12-month price target to 510p on reassuring survey
Given the share price rise in Dignity, we have re-assessed our
recommendation. We are raising our 12-month price target to 510p from 475p,
based on 18x 2007E earnings after a £70m cash return. Dignity remains an
almost unique stock, with growth and utility characteristics. A recent industry
survey suggests Dignity is broadly in line with its competition. Buy.
�� Survey. The life insurance company American Life has updated the Oddfellows survey of
UK funeral prices that was last carried out in 2000. The survey estimates the cost of a
basic funeral with cremation has risen 61% from £1,215 in 2000 to £1,954 today, which
suggests almost 10% annual inflation. This is at odds with our estimate for Dignity's
comparable inflation of around 6% and highlights the difficulty of measuring the highlydiverse
elements of the entire funeral service. Below, we have tried to roughly reconcile
the survey to Dignity's average revenue per funeral. We conclude that Dignity is in the
same ballpark as the competition.
�� Implications. The OFT last investigated funeral industry pricing in 2001. It found that
competition was effective, though most people did not want to shop around. Therefore,
the OFT recommended that all funeral homes prominently displayed their prices and each
customer was given a written cost estimate. While this survey suggests inflation above the
general service sector, this may well be due to measurement issues. Dignity's pricing
policies are visibly around 5-6% and its prices are in the same region as the competition.
The industry does not look as though it requires a further OFT investigation.
�� New target price. We believe Dignity's earnings growth prospects of around 15% with
no dependence on the economic cycle is increasingly attractive. Growth stocks are
achieving higher ratings as the market rises. Our new 12-month price target of 510p is
based on 18x our 2007E forecasts (23.4p) assuming a £73m (90p a share) cash return. The
shares at our target price would still have an acceptable free cash flow yield of 5.3%,
140bp above the long-term gilt.

[india93] 19/1/2006 09:27

Panmure issued a buy note with a target of 510 today.

[gucci] 18/1/2006 18:32

420p would be nice

[hyper al] 18/1/2006 11:16

I have this on my watch list!

[siskinbird] 18/1/2006 11:04

Welcome back melody - probably not a bad day to get back in!

[melody9999] 18/1/2006 09:45

I'm back in. Safe port in a storm - having made some gains on more volatie holdings elsewhere, this must be a good investment now.

[bingobingy] 11/1/2006 12:41

yep, not to worry heh.

[gucci] 11/1/2006 12:32

looks like we might see 440p again

[davpat] 07/1/2006 18:13

>>rafeih and Bingobingy, see thread 219 on this BB:

Now Tesco helps at the final checkout
Sean Poulter, Consumer Affairs Correspondent, Daily Mail
19 May 2005

SHOPPERS are to be offered money off their funerals in a new Tesco loyalty card scheme. They will be able to use vouchers earned through supermarket purchases to help ease their way into the hereafter.

Tesco has signed a partnership with Dignity Funerals, which offers four standard cremation plans ranging from £1,725 to £2,475 depending on the lavishness of the arrangements and the location........

As if Tesco haven't got their fingers into enough of our lives, they want to follow us into the hereafter as well! I know I'm being scurrilous but it would be just the kind of crazy reason that this qualified Dignity for availability from the retail world. Sad isn't it? But that's business, and if it's helped the sp, so be it.
DAVPAT

[neil666] 06/1/2006 17:50

I have no wish for anyone to die let alone from bird flu.I am a humble investor
who happens to have studied the flu virus for many years.Fear not the world is not about to end,yes many shares will crash,but not this one.This virus will come and go just like the others.Every cloud has a silver lining.I suggest you should not invest in Dignity if you are unhappy to profit from death,in case you haven't noticed, that is their business.

[bingobingy] 06/1/2006 17:46

Tescos involvment with Dignity. Have a missed something?

[rafieh] 06/1/2006 17:05

are they not selling coffins?