Dignity Share Discussion Threads

[mike24] 01/10/2020 13:24

Funerals: The true cost? tonight ITV 7.30

edit 10/11 share price recovery on the road, but need to get a fair values charges on par
with competition to get market share back,and get decent write ups on forums

[weemonkey] 29/9/2020 13:08

Above average volume today.. follow through by private investors of Goldman?

[velocytongo] 28/9/2020 15:32

Book, did you not read the CMAs latest findings? There will be v limited ramifications for the industry and business model is not under threat. There’s still some uncertainty that they don’t have a CEO but that should be resolved soon. I live in London and I’ve seen plenty of horse drawn carriages and big limos carrying coffins. The ons data is entirely relevant as it determines the amount of business. Moreover, 30 people are allowed to attend funeral services unlike during the pandemic when the numbers were much lower.

[undervaluedassets] 28/9/2020 14:49

There will be excess deaths this autumn whether from COVID or from deaths caused by the excesses involved in fighting COVID.

The regulator will back off . Government need someone who knows what they are doing and will give them room.

forewarnings about excess deaths coming from government will be a 'tell' here

It is brutal .. but this a good environment for DTY.

[bookbroker] 28/9/2020 14:12

Nonetheless this is still a good business fundamentally!

[bookbroker] 28/9/2020 14:11

What you have to remember is that DTY will be basically receiving cremo. costs, elaborate funerals with all the trimmings are not happening currently as a result of simple funerals with few attendees.

[exile] 28/9/2020 14:09

I think the share price action here is another piece of evidence showing this so called "Pandemic" we are supposed to be in is fake.

[bookbroker] 28/9/2020 14:03

20p move on 14K shares traded, MMs playing this to their own ends!

[bookbroker] 28/9/2020 14:01

Hardly relevant VT., more important issue at stake in Govt. interference in the business model, DTY doing much to alleviate concerns over price gouging, they to be compliant!

[velocytongo] 28/9/2020 13:04

Data out today shows deaths for wk ending 11th Sept at 5% above the 5 year average. Last week we had the first meaningful undershoot this year (which is looking like an aberration). Since Aug the rate has been creeping up. The cumulative undershoot since the end of June is 600 deaths and no where near the 1,000 a week the market is assuming.

[velocytongo] 28/9/2020 11:38

So, if Boris is defeated in the HoC on the emergency measures, there will be less lockdown, which will likely lead to higher death rates in a second wave. The argument in the country will shift to, is lockdown a price worth paying for economic ruin? People's appetite for lockdown (so far broadly 78% support with 44% supporting it strongly) may well change when the Govt reduces business support.

Deaths from Covid are going up albeit from a low base and the chances of the CMA taking any further action have just diminished even further.

The market consensus assumes excess death of 25,000 for the whole of 20202 because there will be an undershoot on H2. In H1 there were around 50,000 extra deaths above the 5 year. So far, since the end of June there has only been one week where the death rate has been 1,000 below the 5 year average. Most of the other weeks have been slightly above the 5 year. We are on course for 50,000 extra deaths and maybe more due to a second wave or illnesses that have not been treated during lock down.

[exile] 28/9/2020 10:49

Is this a buying opportunity or another Oh! FFS's ! moment ??????

[imastu pidgitaswell] 25/9/2020 07:57

Yes, I'm still keen - just temporarily (and fortuitously with the timing) out at the moment. Along with quite a few other ones that have plunged notably recently - DLAR, VLX, SRB. Dodgy market and spreads can hurt.

[bookbroker] 25/9/2020 07:44

There is still a convincing case for investing here, this business is essential to society, not many have that attribute!

[exile] 24/9/2020 08:10

I'm sorry to admit the Cup and Handle is not forming as I expected.. We are in a down trend. Can anyone see a positive indicator here ? Have I sold ? No !

[bookbroker] 23/9/2020 14:17

Bullish indicator!

[velocytongo] 23/9/2020 13:51

what does cup and handle mean?

[bookbroker] 22/9/2020 21:18

Cup and Handle, does not get much clearer!

[velocytongo] 22/9/2020 13:52

Week ending 4th Sept we had the first meaningful undershoot of the 5 year av.

[hatfullofsky] 22/9/2020 13:42

30 people max for funerals to remain.

[undervaluedassets] 21/9/2020 08:26

There is also the issue of excess deaths from all causes; deaths being caused because the treatment of other illnesses are being sidelined. That and people's fear of going into hospital now for anything for fear of picking up COVID in the hospital,

The above has been a feature of this pandemic to date and will continue to a degree one would think.

[velocytongo] 19/9/2020 11:46

The stock market consensus is that a vaccine right around the corner, which is why fund managers are piling into stocks. On this basis, why would you buy DTY? However, this is the consensus and we know it's not always right.

There is a conspiracy of optimism between the pharma cos who want funding and money to develop a vaccine and govts who want to tell voters it will all ok when the vaccine arrives. The a big issue is that to date there exists no vaccine for a coronavirus. And that's before we get into the debate about the logistics of large scale vaccination, how long will immunity last and the large number of anti vacinners.

A likely outcome is that we reach an accommodation with the virus, which will involve prevention, better therapeutics and interventions and higher mortality rates.

[weemonkey] 16/9/2020 13:32

yup DTY graph will assume the shape of the resurgence of COVID-19

covid.joinzoe.com/data#levels-over-time

[undervaluedassets] 16/9/2020 08:14

I am in this now for the obvious, (and rather grim) consequences of the now inevitable second wave..

[imastu pidgitaswell] 09/9/2020 12:37

It's funny how a few hundred shares moves the price here - and then suddenly, wham, 3.8 million shares slip through and the price doesn't move.