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DIS Distil Plc

0.60
0.025 (4.35%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Distil Plc LSE:DIS London Ordinary Share GB0030164023 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.025 4.35% 0.60 0.50 0.70 0.60 0.575 0.58 0.00 15:09:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Distilled And Blended Liquor 1.32M -748k -0.0011 -5.45 4.11M
Distil Plc is listed in the Distilled And Blended Liquor sector of the London Stock Exchange with ticker DIS. The last closing price for Distil was 0.58p. Over the last year, Distil shares have traded in a share price range of 0.325p to 0.75p.

Distil currently has 684,399,579 shares in issue. The market capitalisation of Distil is £4.11 million. Distil has a price to earnings ratio (PE ratio) of -5.45.

Distil Share Discussion Threads

Showing 10901 to 10924 of 10925 messages
Chat Pages: 437  436  435  434  433  432  431  430  429  428  427  426  Older
DateSubjectAuthorDiscuss
26/3/2024
15:09
Just worries me that the prievious of taking over the distribution themselves has not gone well so the sales figures will be poor when the results come out.
gipps
26/3/2024
11:26
Well, that RNS did nothing useful for the sp!
Three different distribution processes now.
I hope they don't trip up over each other.
We need a good TU in a couple of weeks time.
pete

petersinthemarket
25/3/2024
15:53
The ole distillery will be gone very soon imo
barnes4
25/3/2024
15:04
That's just bonkers!!
haggismchaggis
25/3/2024
13:37
I live in Pembrokeshire. Some of you may know that Pembs is often lumped in with the counties of Carmarthenshire and Ceredigeon in a large area of sw Wales called Dyfed.

My local Tesco in Pembs has delisted RedLeg so I asked DIS mktg where I could buy it. They told me the only outlet in Dyfed was Morrisons, Llanelli, Carmarthenshire, 50 miles away. All three counties of Dyfed with only one outlet, 50 miles away from me.

So, they suggested I try the new DIS online sales website.
Has anyone checked it out?
redlegrum.com

I took a look.
RedLeg rum 70cl bottle priced at £23 plus £4.95 delivery = £27.95
Same bottle on Amazon £18.00 and free next day delivery for Prime members.
Am I mistaken? This can't be right, can it?

I suspect that DIS is still far too London centric
pete

petersinthemarket
25/3/2024
13:34
Thanks Peter, interesting to say the least. As I said last year, the plan to build and sell brands is a failure, as not one brand sold in all the time Don has been in charge. If he'd taken the £10m he refused to take for RedLeg, then sold Blackwoods Gin and Vodka for likely as much, just imagine how big DIS would be today. .It's going to be extremely difficult for any investors that look at DIS to work out why they should invest in it. We need an up to date plan for the future released by the board, telling the market how they intend to deliver shareholder value.
haggismchaggis
25/3/2024
11:02
I note two very thoughtful posts dated 23 March on the LondonSE website.
They are headed RE: Ardgowan and the contributor is bobbyaxelrod.

They are rather lengthy and so are not copied here.
I believe that DIS followers might find them of interest.
pete

petersinthemarket
25/3/2024
10:39
The Global Brands link up is a shinning light. The individual behind the company owns a hotel chain amongst other things and was the originator of alcopops, if you are old enough to remember the launch of Hooch!!

This is fantastic news and I would expect further drink combinations in cans.

We are starting again and hopefully this time there is a team in place to keep the momentum going.

berny3
25/3/2024
10:16
That looks like 2 £30K+ sells.

On edit - make that @£8k.

skinny
25/3/2024
09:31
Well my shares will be worthless at this rate, my shares in this company down 79% just grateful that I am only a small invester
distill
25/3/2024
09:04
I guess at least it shows a pulse.
skinny
25/3/2024
09:03
Is that classed as back peddling?
haggismchaggis
15/3/2024
11:29
DIS year end is 31 March - FY/TU is likely to be first or second week in April - final results first or second week in July - pete
petersinthemarket
15/3/2024
11:23
>analystium – To find previous DIS TU and Results - open website ''Distil.uk.com'' - Page down to ''Investors'' – Click on ''Learn More'' - Click on ''news'' - You will find every published DIS report for the last 10 years - pete
petersinthemarket
14/3/2024
21:31
Think we will hear some news in April fingers crossed it is good
gipps
14/3/2024
20:39
Pete; when do you expect the results?

Regarding your question, I'd send it anyway; if the nature of your question means they cant answer during a closed period then they will answer after the results...

analystium
14/3/2024
11:05
Do we have any legal eagles on here? I have been reading/re-reading the rules on closed periods. As we are approaching year end when closed period rules can be assumed to apply, If i wrote a note to a board member today, under the rules, would he/she be allowed to reply? pete
petersinthemarket
24/2/2024
16:04
Get it promoted on TikTok. I hear all the time it's the place to be to promote sales.
freddie01
24/2/2024
13:28
Only another 6 to 8 weeks and we will know how the final quarter and the full financial year to 31 March have gone. There were some rays of hope in the last trading update, but nothing earth shattering and any comparisons with the disasterous previous year were quite pointless. We must all be hoping that sales have moved up yet another gear.

I wonder if DG will at last announce our new scotch product. It has been in discussion for most of 2 years now.

We still need something to make the general public notice our range. Crtainly, when i ask around the pubs in sw Wales I have yet to find anyone who has even heard of us, or our product range. So much for that horribly expensive tv advert.

I would like to see much more use of the DIS travelling pop-up shops. Low cost, personal contact and sampling to introduce new buyers. I think they are said to have occured in Brighton and Cambridge earlier this year, but I haven't heard about others. Despite the new distribution plans, I still feel this company is far too London-centric. I can't buy RedLEg in sw Wales. Our Tesco branches and others seem to have given up on it and I have to get mine from Amazon.

This year we look forward to expansion of the new Ardgowan/DIS joint visitor centre. Personally, I think that project is quite exciting and I'd really like to see it for myself, but it's a heck of a slog to the west of Glasgow from sw Wales.

I get minor email updates from Ardgowan on a weekly/fortnightly basis. I do wish that DIS would be as pro-active. I suspect part of the general lack of interest in DIS is less to do with it's share price and much more to do with it's anonymity.

The DIS team have obviously had to work harder than expected over the last year, but I believe that 2024 will at last see a turn around.
Have a good weekend all.
pete

petersinthemarket
28/1/2024
22:43
"Inverclyde-based Ardgowan Distillery, set to unveil its £20 million ‘cathedral of whisky’ by the end of 2024, has bolstered its team with the appointment of industry veteran Paul Currie as chairman."

[www.scottishfinancialnews.com/articles/ardgowan-distillery-names-paul-currie-as-new-chairman]

analystium
27/1/2024
14:12
Still trying hard to get above that double top just above 0.7p but Friday 26 jan saw strong buying at 0.65p which implies that confidence is returning.
petersinthemarket
13/1/2024
17:12
Distil Plc (DIS) currently has only 3 directors, namely our Executive Chairman, Donald Colin Goulding, the (absent) non-exec director, Roland Andreas Grain (Austrian) and the Company Secretary/Chief Accountant, Shaun Claydon.

At Companies House, none of these men are defined as Persons with Significant Control (PSC) as that would require them to own more than 25% of Distil's shares and voting rights and also to have the right to appoint or remove other directors.

As at 3 January 2024, the closest we have to a PSC is Roland Grain, who holds 23.6% of the company. Rothschilds own 19.32%, our new face, Dr Graham Edward Cooley, owns 7.07% and an HSBC nominee holds 5.85%. This brings the total of major shareholders to 55.84% of the total 905,113,864 shares in issue. I believe Don Goulding, who is 70 years old in April this year, owns a relatively insignificant 10m shares which he bought more than a decade ago, shortly after joining DIS.

Roland Grain has a highly successful record of investing in the spirits industry. He started with a small investment in the Cotswolds Distillery and continued with investments in Manly Spirits in Sydney, Australia and the East London Liquor Company. He owns Potstill Spirits Trading in Vienna, Austria's largest whisky importer with a choice of over 1200 different labels. He is also CEO, majority investor and owner of Ardgowan Distillery Company Ltd., a private company in which DIS has a small financial stake, based in Inverkip, one hours drive from Glasgow.

The sudden appearance of 60 year old Dr Cooley as a major shareholder in a spirits company is a surprise. He is a proven entrepreneur and developer of early stage businesses with a very considerable, technology-based, business backround. He also has a stated interest in personally investing in various AIM companies, although nothing previously in the spirits industry, as far as I can tell. For over 13 years, Dr Cooley was CEO of ITM Power who manufacture electrolysers in the hydrogen industry and during his tenure he had a very successful track record of building the company, substantially raising the share price, raising large amounts of development capital and also finding overseas markets for his products.

During the last decade, Dr Cooley has variously been a chairman, director, or advisor to the board in quite a few different AIM-listed, early-stage, quoted/unquoted, renewable-energy and other sustainable businesses and last year joined the board of venture capital company Brigantia Capital. He also founded a management consultancy, Yelooc, but his only serious current commitment appears to be as chairman of the board of directors of NanoSUN Ltd., who mass-produce hydrogen refuelling stations.

With a degree in physics, a PhD in materials technology, an MBA and a string of technical institute fellowships, Dr Cooley BSc (Hons), MPhil, Ph.D. is clearly a clever man, but what prompted him to take a £200,000 stake in a small spirits company?

Dr Cooley was extremely well paid at ITM (salary plus expenses between £350k-£500k pa) and can apparently well afford to take a large personal shareholding in any AIM-quoted company that takes his fancy. He tends to increase his investment, once he has got to know the company better. As an example, he took an initial 3.3% stake in AIM-listed Light Science Technologies Holdings Plc and in August 2023 increased his holding to 4.8%.

Dr Cooley's interest in us can only be in his private capacity as an astute investor in AIM companies with growth prospects but, as the placing was not open to the public, I wonder who invited him? He will now have easy access to our directors but, at the moment, he has no commitment to offer advice. Perhaps, if he likes what he sees, he might increase his stake in due course.
pete

petersinthemarket
12/1/2024
18:19
Some turn of the year jottings, looking back.

The Q3 TU on 10 January was, imo, a little lack-lustre, but it did at least appear to draw a firm line under eighteen months of supply disruption. There is plainly still some way to go to revive our business after the distributor changes, but there will hopefully be more good news during 2024, with the new distributorship settled down, new product launches due, new efforts going into our export markets and the opening of the new Ardgowan premises in Inverkip in Q1 of FY2024-25.

With the Q3/TU published and a major business period behind us, some may now assume that little further progress can be made before the end of the financial year, but it may be surprising to recall that Q4/FY2023 represented the best trading quarter of that financial year, both in terms of absolute revenue achieved at an estimated £450k and also on a YoY basis so, if everyone does their bit, it is still possible that the end-of-winter period may yet bring further recovery during this financial year.

There was surprisingly little damage to our business following the UK government introduction of the first national covid lockdown measures on 23 March 2020. It is interesting to note that, in fact, DIS profited from covid due to higher off-sale purchases after the closure of many commercial premises and the share price went over 2p/sh for the first time in several years. The previous best, around 5yrs ago, had been just over 3p/sh. I believe we will climb these dizzy heights again in due course.

On 6 July 2022, DIS announced the appointment of a Commercial Director, Alex Baker, and the
appointment of a new distributor, Marussia Beverages UK and it was this news that was to pre-empt our business collapse.

Marussia would be primarily responsible for servicing the DIS on-trade (hospitality) and independent sectors. Other UK (retail) customers, including the majors, would be handled directly by the Distil Plc team. The change-over period was far more difficult to handle than ever predicted, resulting in substantial inventory depletion and massive damage to our results. This confusion is now behind us and there are hopefull signs that business confidence is rebuilding. .

On the 24th November 2023 we yet again suffered major dilution when DIS conditionally raised £0.765m (gross) through a placement and subscription of 218.6m new shares at 0.35p per share. The Placing Shares and Subscription Shares represented approximately 24.1% of the Enlarged Share Capital and mostly went to Roland Grain and BERO (Rothschild). It is assumed that the cash raise will support stock-build and operations through to 2025, by which time we should be seeing profitability restored.

A new face, Dr Graham Cooley, former CEO of ITM Power, invested £200,000 for 57.1m Ordinary Shares in the Placing, which is odd as I don't quite understand his interest in the Placing last year. Donald Goulding is 70 years of age in April this year. It will be interesting to see if anything else transpires.
Have a good weekend all.
pete.

petersinthemarket
11/1/2024
12:36
Good to see the limited edition Redleg was selling out. I suspect we will soon see limited edition bottles in other flavours.This next quarter I am expecting we could see a stream of positive news, with the opening of the visitor centre, the new whiskey product will hopefully be launched. We may get a small rebrand of Blackwood's to highlight and leverage it's new Scottish home. I do remember when I was in Scotland last Blackwood's was sold in many of the supermarkets up there...I am also thinking that if the above is achieved, it would position the business very well for a multi-brand launch into the US market with a Scottish whisky, Scottish Gin and a leading Rum Brand. But I would not anticipate this to happen for 6-18 months.. But if all that was achieved we would be looking at a very different business.
bprofit
Chat Pages: 437  436  435  434  433  432  431  430  429  428  427  426  Older

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