Dignity Share Discussion Threads

[haroldthegreat] 13/9/2017 10:20

Do they offer shareholders a discount? Perhaps they are missing a marketing trick here.the problem might be would it be for the named shareholder only or for the shareholder and any funeral he pays for.

[tdog1975] 24/8/2017 20:51

How far is this lightly to fall?

[praipus] 04/8/2017 18:57

What are the intangibles and why did they increase by £30m on the previous year? (Figures from ADVFN).

[grupo guitarlumber] 02/8/2017 10:10

UK funeral firm Dignity reports first half profit and revenue growth as number of deaths rise
09:30 02 Aug 2017
Dignity said it continues to expect the number of deaths in 2017 to be lower than last year
Dignity
Dignity left its guidance for the full year unchanged

A higher number of deaths helped UK funeral company Dignity plc (LON:DTY) to deliver an increase in first half profits and revenue.

The company said the number of deaths it dealt with in the six months to 30 June were 308,000, up 2% from 302,000 the same period a year earlier.

Underlying profit rose 9% to a record £46.1mln from £42.4mln in 2016 and revenue edged up 7% to £59.5mln from £55.6mln.

Dignity raised its interim dividend by 10% to 8.65p from 7.85p.


"The year has started well for the group, with good operational performance, continued excellent customer survey results and further acquisitions of established funeral businesses,” said chief executive Mike McCollum.

However, McCollum cautioned that the company remains alert to the strategic challenges it faces in a competitive environment with aggressive pricing activity on funerals and pre-arranged funeral plans.

“This is reflected in the ongoing development of our digital strategy and the leadership we have demonstrated in calling for proper regulation of pre-arranged funeral plans,” he said.

“We will continue to review the scope of our service offering in the light of changing consumer demands and build on our strong market-leading position."
Dignity to launch social media service

Dignity expects incremental costs of up to £1.0mln in 2017 to improve its online presence in its funeral locations in the UK.

The company is also launching a new service for customers to make it easier for them to notify family members through social media and the internet of funeral arrangements. The service will allow families to arrange flowers and make donations online.
Funerals and cremations rise

The group had 811 funeral locations at the end of the first half, compared to 777 last year, following the acquisition of additional sites. It conducted 36,700 funerals during the period, flat on last year.

Dignity performed 33,700 cremations, compared to 28,900 in 2016, as it expanded its locations to 45 from 39 last year.

Looking ahead, the company said it continues to expect the number of deaths in 2017 to be slightly lower than last year but its guidance for the full year remains “positive and unchanged”.

Shares rose 0.35% to 2,569p in morning trading.
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Renae Dyer

[grupo guitarlumber] 02/8/2017 09:58

Alan Oscroft | Wednesday, 2nd August, 2017 | More on: DTY DVO

One of my favourite ever headlines from The Onion was World death rate unchanged at 100%, and as long as that remains true, the long-term customer base for Dignity (LSE: DTY) seems pretty much guaranteed.
Earnings per share almost doubled at the UK’s’ largest funeral operator between 2012 and 2016, and investors piled in and created a typical growth spike, The share price soared, but from round the middle of 2015 it’s been pretty flat, and today stands at 2,552p.
Early earnings growth looks set to cool, with analysts expecting just a 4% rise this year, but Wednesday’s interim results suggest…

[grupo guitarlumber] 02/8/2017 09:58

Alan Oscroft | Wednesday, 2nd August, 2017 | More on: DTY DVO

One of my favourite ever headlines from The Onion was World death rate unchanged at 100%, and as long as that remains true, the long-term customer base for Dignity (LSE: DTY) seems pretty much guaranteed.
Earnings per share almost doubled at the UK’s’ largest funeral operator between 2012 and 2016, and investors piled in and created a typical growth spike, The share price soared, but from round the middle of 2015 it’s been pretty flat, and today stands at 2,552p.
Early earnings growth looks set to cool, with analysts expecting just a 4% rise this year, but Wednesday’s interim results suggest…

[grupo guitarlumber] 02/8/2017 09:57

Alan Oscroft | Wednesday, 2nd August, 2017 | More on: DTY DVO

One of my favourite ever headlines from The Onion was World death rate unchanged at 100%, and as long as that remains true, the long-term customer base for Dignity (LSE: DTY) seems pretty much guaranteed.
Earnings per share almost doubled at the UK’s’ largest funeral operator between 2012 and 2016, and investors piled in and created a typical growth spike, The share price soared, but from round the middle of 2015 it’s been pretty flat, and today stands at 2,552p.
Early earnings growth looks set to cool, with analysts expecting just a 4% rise this year, but Wednesday’s interim results suggest…

[walbrock82] 18/5/2017 14:36

Dignity is one of the biggest funeral providers in the UK. I like the company’s fundamentals (given death is a sure thing), and you wouldn’t be surprised if I told you that ROCE ave. 15% and operating cash margins at 30%.
If you have an interest in this company, then check out 10 important things to understand about this funeral provider.

Did you know there are 500,000+ deaths in Great Britain each year for the past 15 years? Representing less than 1% of the population.

[4wingrove] 15/5/2017 13:38

Have made quite a bit of money by trading Dignity and will probably be back in later.

[hotstuff] 15/5/2017 10:06

I would rate DTY as a strong HOLD.I'm not selling or buying either.

[wingrove4] 15/5/2017 09:43

Sold out completely today may buy back later If they drop

[the big fella] 13/3/2017 15:18

I am out today. Wasn't keen on the results. A long time waiting, a short time holding. At least it was a profitable wait, albeit very small :)

[wingrove4] 09/3/2017 15:30

Hi sold half of my holdings in these yesterday, as they haven't risen a lot over the last few days, quite timely for a change, but quite a bounce today. They still have lots of potential I believe, they have served me well over the years

[suetballs] 08/3/2017 09:46

Now out too as there is better potential elsewhere. Managed to achieve break even position which is a relief.
Suet

[retsius] 08/3/2017 08:59

Agree entirely with comments above. Have watched it soar higher and regretted I did not hold shares. But these figures are mondain and look at the debt!
I wonder if Naked Trader has sold,this was one of his favourite shares.
I can see it it retreating a lot further.
R.

[celeritas] 08/3/2017 08:49

This needs to fall somewhat before many will invest. Competition building plus deaths expected to fall will mean more competing for less work.
On the plus side the crematoriums are doing well which isn't something joe bloggs can just set up.
Regulations should be in place as I'm surprised how easy entry is.

[melody9999] 08/3/2017 08:14

think the valuation was fair when you could rely on the steady growth. but ex growth and small dividend? and increased competition nibbling away at margins. out this morning

[suetballs] 08/3/2017 08:12

All the recent gains have evaporated - not surprising really.
Still in profit and may move to pastures new later today.
Suet

[spob] 08/3/2017 08:05

looks like an insane valuation for this

especially when also considering the liabilities

[suetballs] 08/3/2017 07:32

Plus competition so expecting an share price falback this am.
Suet

[che7win] 08/3/2017 07:25

Mmm, EPS flat, underlying only slightly better and yet forward P/E 22?

They keep talking about deaths last couple of years being above normal and competition increasing.

They seem very unsure to me, seem to be setting themselves up for a possible profit warning IMHO.

[suetballs] 07/3/2017 14:09

Here's hoping the anticipation isn't misplaced.
Suet

[eburne1960] 04/3/2017 21:43

Melody, I assume the big rise is in anticipation of Wednesday's results.

[che7win] 04/3/2017 09:08

I've been watching these from 750p hoping for a cheap entry point, no such opportunity!

[melody9999] 04/3/2017 08:59

Big Fella = me too. I was in at 2375p around the same time as you. I was previously invested in DTY when the SPO was 300 -400p some years ago.....but sadly sold out. Amazing the sort of returns you can achieve from buy and hold as long as you select the right companies and ride minor peaks and troughs,.

So why the big rise yesterday - are people switching out of growth into more defensive stocks?