Dignity Share Discussion Threads

[hussyo] 07/3/2019 23:10

I watched it spike! Were you in??

[hatfullofsky] 07/3/2019 22:51

Hussyo - you should look at RCDO ;-)

[hussyo] 07/3/2019 13:18

12th of this month

[claret dragon] 07/3/2019 12:40

Whens next official update for Dignity?

[hussyo] 07/3/2019 10:36

Down 2.7% on 3k volume.. this is a screaming buy here

[wattene] 05/3/2019 12:18

Government Petition to Ban shorting of London AIM stocks.

The AIM stock market is where smaller companies list their shares rather than using the prohibitively expensive main London Stock Market. This is an important market for the growth of smaller UK companies.

In challenging times, shorters seek to borrow the company's shares from a holder for a consideration and to buy them at a later date. They immediately sell these shares which, due to the relative illiquid market, sends the price much lower and hence the shorters can buy them at that lower price - pocketing the difference. The only beneficiaries are the shorters and the market makers with the losers being the reputable company and it's bona fide investors.

[hussyo] 04/3/2019 22:44

There's still no volume mate

[hatfullofsky] 04/3/2019 14:23

Another attempt at 750

[hussyo] 01/3/2019 22:41

I'm watching closely several several stocks, and currently invested in 3, the largest of which is DTY

[hussyo] 01/3/2019 22:39

Mate I've been watching Ricardo for a while:))

[hatfullofsky] 01/3/2019 21:34

Hussyo - Have a look at RCDO. No idea if it's your bag.

[hussyo] 28/2/2019 19:32

There's no volume for a breakout and won't be until the CMA is out of the way.

[hatfullofsky] 28/2/2019 15:18

I was, sold 30% before the news then 20% at 1100 on the bounce but still hurting. Had too many profit warnings recently.

[claret dragon] 28/2/2019 10:59

Capped at 750p.

Annoying

[hussyo] 28/2/2019 08:15

Hat, I hope you're not to deep in with Plus

[hussyo] 28/2/2019 07:59

Yes, will happen. I've read dozens of company reports in the last month and I have yet to see a better investment proposition at these levels.

[hatfullofsky] 27/2/2019 22:24

Another attempt to break 750. 3rd time lucky ?

[hussyo] 19/2/2019 17:29

* 2018 EPS is going to be 93. * While it was a growth story this company's multiple was 20+. * For the better part of 2018, when the market had adjusted to the fact DTY was ex-growth, it was still applying a 14 multiple. * General Retailers currently trades on a 19.2 multiple. * Sans CMA, I suspect we will see double digit PE. * 14 x 0.93 + £13.

[hussyo] 15/2/2019 17:21

Comically low vol today, but then we shouldn't expect too much action here until the CMA concludes. The question is this: Does the risk/reward here justify a very high portfolio commitment to this stock..........

[hussyo] 15/2/2019 14:27

Very low volume is skewing the price

[hussyo] 14/2/2019 15:42

Firstly, look at the structure of their debt. The longer dated bond matures in 2049, by which time I'll probably be seeking DTY's incredibly transparent services:) Secondly, the debt ratio is where it is because DTY has lost about 70% of its value in the last 18 months. Hald of that was self inflicted and half down to the current investigation. The key thing about Dignity is that it is highly cash generative and well inside it's debt covenants.

[finkie] 14/2/2019 12:28

Looking at these for obvious reasons but debt is almost twice market cap which worries me any investors care to give me their take on this??

[hatfullofsky] 13/2/2019 22:55

Yes, gambling, banking, lending and utilities all need strict regulation because there are only a few players. Funeral Services need transparency rather than significant regulator oversight and price caps. I very much doubt they would propose them but I think that is what the market has priced in.Added today

[hussyo] 13/2/2019 18:09

Provident, I meant

[hussyo] 13/2/2019 18:03

I went back and had a look at how the CMA affected the doorstep lending industry. Looking at the Probident graph, it was easy to think the massive drops were related to the live investigation. No. Probident's issues were all self-inflicted. As to the investigation's findings, it was essentially a call for transparency, and had no material impact on the business. The later, separate investigation, into Money Barn did have an impact but by then Probident was already a basket case. (Bad luck with Plus, Hat..)