Distil Share Discussion Threads

[someuwin] 21/4/2017 10:04

Yes Berny - will add the video later. Haven't had a chance to watch it yet.

[luckyvince] 21/4/2017 10:02

Sell on news + looking a little bit toppy + doubled in price since 1st March = a bit of a retrace to be expected. Around the 2.6 mark me thinks.

[haggismchaggis] 21/4/2017 09:43

The Shares Mag article was also a green light to shorters, so a fair chunk of sells yesterday and today might be shorters rather than shareholders. Not that I'm bothered, as there are still several investors out there that want to increase their holdings.

[berny3] 21/4/2017 09:41

SUW can you put scotty121 video link in the header. Would be good to compare to last years video


hxxp://www.shareprophets.com/views/28582/video-don-gouding-executive-chairman-of-distil-plc-presents-at-uk-investor-show-2017

[griffin81] 21/4/2017 09:38

I stated in a previous post I expect DIS to deliver the best returns in my portfolio this year and I still stand by that. With another major supermarket listing announced this week for RedLeg (I expect we are now in ASDA / Walmart alongside the listings already secured for Tesco, J. Sainsbury's and Morrisons) this will continue to drive the exceptional sales growth, and this is before the USA launch over the next couple of months which will create a step change in the business.

I thought the shares article yesterday was extremely disingenuous, it entirely dismisses the significant achievements of a small team who are massively punching above their weight, and succeeding! Buy and hold is a strategy which has consistently created better wealth for more compared to traders and I expect DIS to remain an acquisition target, which only increases in value with each percentage of growth DIS achieves, particularity as it is outperforming the categories its brand are in. The big players do not like upstarts taking market share, and they are all very aware of Don and DIS.

[little minx] 21/4/2017 09:26

Small top up but down as a sale

[someuwin] 21/4/2017 09:21

I'm adding.

[mam fach] 21/4/2017 09:17

Seems to be lot of selling today.
Interesting to see what closing price will be.

[scotty1] 21/4/2017 09:02

hxxp://www.shareprophets.com/views/28582/video-don-gouding-executive-chairman-of-distil-plc-presents-at-uk-investor-show-2017

[little minx] 21/4/2017 08:36

Nearly took my profit thinking buy back cheaper but they seemed a little keen to pay for the shares imho so kept hold of them.Top up time me thinks!

[haggismchaggis] 20/4/2017 22:09

Someuwin, in the case of Distil you take all of the last few years of brand acquisition values vs case sales and market penetration, then compare them to the case sales and market penetration of Distil brands. We have already done some of that on here, such as the post this week from me showing the 70,000 case sale whisky sold for $160m, or my post from a couple of weeks ago covering the 10 biggest spirit brand sales.A company that specialises in brand valuations would have no problem coming up with a fair valuation for Distil brands.

[someuwin] 20/4/2017 20:52

The problem is though acdc, how do you (for auditing purposes) put an accurate current valuation on a brand?

[stampylong trader] 20/4/2017 20:23

"Low tangible assets" reasoning - DIS outsource the manufacturing, according to the video in the header. This is what is called "OPR". Using Other Peoples Resources, this is good use of leverage (Read one of Trump's book; The Art of The Deal). Otherwise you're going to have to raise finance, build a factory, employ people etc, and this could take a decade to get off the ground.

The other similar acronym is "OPM" - Other People's Money.

[acdc52] 20/4/2017 16:03

As a material long term shareholder, I have requested Distil Plc to include it's all acquired brands (upto-date) valuation into it's balance sheet prior to publishing it's audited final accounts as required by law.

[acdc52] 20/4/2017 15:49

Top 3 auditors like KPMG will demand companies to include brands valuation (if acquired) to comply with IFRS.

[onedayrodders] 20/4/2017 15:07

Shares Mag added ..

"Don’t forget that Distil has a weak balance sheet with a low amount of tangible assets. It also operates in a highly competitive market."

Just smacks of trying to protect a good punt and no more

[acdc52] 20/4/2017 14:27

Brands (trademarks) were not included in any balance sheets until 2005. The reason being that it wasn’t allowed by the international accounting standards (IFRS) to do so. The reasoning was that brands wouldn’t meet the criteria to be regarded as an intangible asset according to the set definition. However, this changed on 1st Jan, 2005. IFRS 3 came out at the time, and it requires companies to post brands in the balance sheet when acquired from external parties. As it’s still not allowed to post in-house created brands in the balance sheet, we’re now in a situation where acquired brands are in the balance sheet, and in-house created brands are not. Simply put in a real life example: Microsoft acquired LinkedIn earlier this year. On Microsoft’s balance sheet we won’t see any brand value for Microsoft – as it was created in-house. However, the acquisition of LinkedIn means that the brand value of LinkedIn will show on the Microsoft’s balance sheet. Roughly estimated the brand value of LinkedIn amounts to around USD$1-1.5bn, hence we’re not talking small change here.

[onedayrodders] 20/4/2017 14:25

Shares Mag like all tip sheets are just protecting their annual % gains ...

"This all sounds positive, yet a 102% profit in two months is too good to ignore.

Not sure they brought in too many buys at the time anyway ... those days ended when the tech bubble burst

[acdc52] 20/4/2017 14:08

If I was CEO of Distil Plc, I would call professional brands valuation company to value it's brands then ask the auditors to incorporate it into final accounts before publishing it to shut up cheap-shots like James Crux of Shares Magazine.

[pastybap] 20/4/2017 14:04

Whether you're a bull or a bear, anyone that chooses to act on a "sell tip" like this, with as much depth as an episode of TOWIE deserves to die poor and hungry... and sober ;)

[haggismchaggis] 20/4/2017 13:47

Boffster, your question about Tesco rankings, you tell us how many bottles each of the brands above RedLeg have sold. Now tell me you don't have a clue, we'll I guessed that! Because the brands above RedLeg only have to sell one bottle more than RedLeg and they will appear above RedLeg. So your question is meaningless. Let us know when you have the actual sales figures from Tesco.

[haggismchaggis] 20/4/2017 13:43

If people want to miss the USA sales RNS, and other news, we'll that's up to them. With RedLeg doing so well on Amazon UK what's the betting Amazon USA will stock it? Then we have ASDA's parent company Wal-Mart as another potential stockist. Sell out now and end up in something that goes nowhere for months, whilst Distil creeps up, bad idea IMO. And just like Boffster, they don't have a clue about valuing a brand.

[acdc52] 20/4/2017 13:38

James Crux of shares magazine has got it wrong big time. He said "Don’t forget that Distil has a weak balance sheet with a low amount of tangible assets." Wrong.
Distil has very strong balance sheet and positive working capital (no borrowings). If we do revaluations of it's brands, it's balance sheet will be 100folds stronger. Share prices can go up and down. They never go 1D.
Not many AIM listed companies have as strong balance sheet as Distil Plc.

[boffster] 20/4/2017 13:30

Buying into a stock valued at nearly 10x revenue is no way to make money in my opinion. Maybe if it was a tech stock with an exciting new product, but despite the good progress of late, Distil has no real USP in what is a highly competitive market

[bprofit] 20/4/2017 13:24

Call it for what it is, bad advice. This share has huge potential, better to add to your holding than sell.