Dignity Share Discussion Threads

[m.t.glass] 25/8/2010 10:00

Baring Asset Mgmt (OFI fund) have upped their holding from 1,925,679 to 2,760,410

An increase of 834,731 shares (43.35% up)

They now hold over 19 million quidsworth.

[eburne1960] 31/7/2010 15:39

Today's FT commenting on the interims says the shares are fair value, and that analysts expect approx 100p-125p per share to be returned to shareholders.

[eburne1960] 30/7/2010 21:45

And let's not forget a return of cash - this from today's Evening Standard even gives a possible timeframe:

Dignity plans to return cash to shareholders, with analysts expecting the transaction to complete in September. The divi was up 10% at 4.4p.

[ted32] 30/7/2010 16:37

mryesyes...Where are you! I just hope that you have shorted DTY.

[the big fella] 30/7/2010 15:59

You make me laugh.

[mr hangman] 30/7/2010 15:17

Let's not forget global warming hotter summers & colder winters, that should
kill a few old codgers off...happy days

[m.t.glass] 30/7/2010 07:41

Half-year highlights:

Revenue up 5.5%
Underlying operating profit up 3.7%
Underlying pbt up 5.7%
Underlying eps up 5.1%
Cash generated from ops up 5.6%
Operating profit up 4.3%
Profit before tax up 6.6%
Basic earnings per share up 5.9%
Interim dividend up 10%

"... the operating performance in all three businesses in the
second quarter of 2010 was very strong compared to the prior year.
Our expectations for the full year continue to be positive .."

[stnick] 10/5/2010 23:07

romi,

the funeral expenses are allowed following the death of an individual before any IHT is applied. There is no impending change from any Budget announcements either.

Sorry to be nosey Miata, but out of interest how much more expensive did you find Dignity than say your local Undertaker?

tia

Stnick

[mike24] 26/4/2010 09:58

chart looking better
20/7 looks set to go through 7q again

[gardenarc] 03/4/2010 22:35

good stock long term i like the look of this one,made money with other ones in times past plantsbroke and great southern...

[miata] 26/3/2010 12:12

Very few, and even fewer will use Dignity - I have just found their prices to be excessive and gone elsewhere.

[romi2nikki1] 26/3/2010 12:10

Comment on the Interactive Board about funeral expenses being allowed before calculation for IHT. How many beneficiaries will seek to spite HMRC?

[miata] 12/3/2010 13:06

Dignity's shares have jumped by just 10% the past year, suggesting they are fairly valued, trading on a 2010 price-to-earnings ratio of 15.5 times.

In the longer term, the so-called "baby boomers" are expected to start dying off in large numbers over the next few years, which will provide a fillip for Dignity's businesses. In the shorter term, while the company is very much alive and kicking, we reckon investors should pause. Hold says the Independent.

Dignity shares trade on a current-year earnings multiple of 15.6 times, which appears fully priced, but the successful model means the stance remains buy, although gains are likely to be steady rather than rapid. Buy says the Telegraph.

The 20% rise over the past four months has less to do with the stock market's renewed preference for defensive investments than with the belief that Dignity may return cash to investors - much as it did in 2006, when it handed back 100p a share as part of a debt refinancing. However, at 677½p, or 15 times earnings, the shares are up with events. Pass says the Times.


EPICDateBroker nameNewPriceOld price targetNew price targetBroker change

Dignity DTY 12-Mar Goldman Sachs Neutral 665.00p 740.00p 820.00p Reiteration

[mryesyes] 11/3/2010 19:15

Just a bit toppy on valuation over £7.
Co-op, Tescos, all sorts getting into funerals/plans
It only takes one loss results (possible with this high turnover, low priced
countrywide chain of FD's) to make it "not defensive"
This stock is unique in the UK but..........................
If you look across the pond there are a lot of funeral outfits of this size listed, but they trade on much lower P/E's
Death may be certain, but no share is bullet proof, bit of bad publicity, overexpansion etc are risk factors
It just worries me that some private investors are running Dignity only ISA's and portfolios. Steady rise from £2 to £7 can suck you in, but nothing is a one way bet.......otherwise stonking

[m.t.glass] 11/3/2010 08:09

Mike McCollum, Chief Executive of Dignity plc commented:
"This is another strong set of results with operating profits increasing 8 per
cent.
The current year has started well and the Group's performance is in line with
the Board's expectations. Our outlook for the full year remains positive."

[mike24] 22/2/2010 10:12

edit

21/4 chart looking good for a rise
remember the broker who said take profits at 6.50

[maniac3] 17/2/2010 12:43

News on the way ... they've flown up .....

[maniac3] 15/2/2010 09:30

Nice chart ...

[mryesyes] 09/1/2010 17:41

agreed safe as anything, safer than any other stock, and the death rate among the elderly is growing exponentially owing to the weather conditions
N.B. Only deaths of younger people reported generally
These conditions are bound to result in excellent quarterly results for Q1, with more elderly living alone, inability of ambulances etc.
However they usually die within days of admission to hospital aswell
DTY is in talks with its agents for increased direct marketing and other advertising that is ongoing at the moment so that those making funeral decisions are as far as possible funnelled in our direction.
For every bad thing, good comes to others.
Also for the exchequer that this winter has come before the relaxation of inheritance tax limits.
As a moral philosopher, I support death taxes rather than employment taxes, but on a personal front of course I know I will gain from Cameron's plans.

[gardenarc] 02/1/2010 08:51

Like this one..