Dignity Share Discussion Threads

[hotdog23] 26/11/2020 19:56

Who would bid?DTY are number 2. Behind Coop.

[mike24] 26/11/2020 09:59

eight/ten days after US thanksgiving and xmas will show
the real tragedy of this pandemic
tonight 9pm The Spanish Flue,(outbreak started on a Kansas farm)
100yrs ago they blamed fatigue
for lowering immune system in turn responsible for outbreak,

today, with nearly 5000 posts on Patient UK covid forum discuss the
crippling post virus effects of which fatigue is the biggest post covid problem
once called the yuppie flue, now CFS or ME, which can turn into
a permanent disabilty
edit
1ml in UK estimated to be hit with long covid

[exile] 19/11/2020 09:43

I'm out for the short term... will be watching like a hawk though. CPI looks better short term imo.

[hatfullofsky] 17/11/2020 12:35

Hi VT, simply a matter of margins, figures below exc central overheads.
Just my opinion. Funerals are going to become more competitive and it's a very fragmented, de-centralised market. We would get a good price for it which will help grow the Crematoria business. I am but a voice on a BB, my preference will not alter the strategic review.

Crematoria - Underlying operating profit - 2020

Q1 10.3
Q2 13.4
Q3 8.8
YTD 32.5

HY Rev £37m = £23.7 Op Profit

Funeral - Underlying operating profit - 2020

Q1 17.5
Q2 16.2
Q3 4.8
YTD 38.5

HY Rev £134m = £33.7 Op Profit

[hatfullofsky] 17/11/2020 12:19

Hoping it consolidates the break out, CMA leaky as hell, I wonder if somebody has got wind of good news. Some good volume in November (all is relative)

[velocytongo] 17/11/2020 12:07

Since the end of Q3, there have been circa +4,500 above the five year av.

[velocytongo] 17/11/2020 11:50

ONS death weekly deaths out to day for the week ending 6th Nov. It was + 1,500 the five yr average. Not sure there's a bid, just the expectation this will be a bad winter (so far, the market has been v optimistic about the vaccine) and that the CMA goes away soon. Once that happens, the cost saves kick in and they can start investing in more crematoria

Hat, the funerals business makes loads of money, why would they sell it?

Vtongo

[hatfullofsky] 17/11/2020 11:02

Not sure of a bid but I'm hoping they sell the funeral business and retain and grow the crematoria business.

[qs99] 17/11/2020 10:28

anyone think a bid could be on the cards?

[hatfullofsky] 17/11/2020 09:57

Very nice trend here.

[velocytongo] 16/11/2020 21:00

Your post made me chuckle, hat

[hatfullofsky] 12/11/2020 22:00

Because that's what I always do after a funeral ....

[velocytongo] 12/11/2020 15:34

Only 6 reviews on TP and COOP have 119 but don't fair that much better!

[mike24] 12/11/2020 11:42

They need some decent reviews on Trustpilot
why make it easier for the competition?

[velocytongo] 10/11/2020 18:39

Although there is no guidance, it does look like they'll do between 60-70p of earnings. It's also interesting that the bonds have traded up from 75 to 83. Bond holders will have more information than the shareholders. The runes are good!
Vtongo

[hatfullofsky] 10/11/2020 17:18

2 good volume days, let it continue

[velocytongo] 10/11/2020 14:38

Excess deaths for the week ending 30th Oct were 1,000. Q4 and Q1, as they cover the winter the months, are when the majority of deaths occur and the busiest trading months. As exile says, this company does not cause death.

[rochdae] 10/11/2020 05:21

It's a bit unpleasant here investing in death and hoping for a few pennies on the rise in infections. It's a short life indeed.

[undervaluedassets] 09/11/2020 08:18

er... number of deaths stats in for 39 weeks of this year...?!

39 week 39 week period
period ended ended 27
25 September September
2020 2019 (per cent)

Underlying revenue (GBPmillion) 234.5 225.4 4

Underlying operating profit (GBPmillion) 44.2 47.9 (8)

Number of deaths 498,000 (2020) 432,000 (2019)


66,000 more deaths than for same period in 2019. That is more deaths folks

[exile] 09/11/2020 08:02

....however the numbers do not support the argument that we are in a "Pandemic" ?

[hatfullofsky] 09/11/2020 07:57

Nice update - MCAP £277m

Q3 (9mth to 25/09) uRev £234m + 4% / u Op Profit £44m -8% (Average income -£25m)

I've long said the Crematorium business supports a large MCAP (on its own). I don't know what the Strategic report is doing. Sell the Funerals business and keep the Crem's.

Funerals - Q3 uOp Profit 4.8m v 10.3m - FY £38m v £41m
Cremetoria - Q3 uOp Profit 8.8m v 8.8m - FY £32m v £29m
Cash £64m
Property Valuation £461m / alternative use £374m / Book Value £44m

[exile] 09/11/2020 07:57

The update looks pretty good to me....

[hatfullofsky] 07/11/2020 00:25

It'll happen next week. I'm expecting a trading update and the COO / CFO to get promoted

[velocytongo] 06/11/2020 14:04

The two issues over hanging the shares are the lack of CEO and the CMA. These will need to be resolved if the shares are to start shifting but hopefully that will happen in the next few months.