Distil Share Discussion Threads

[haggismchaggis] 09/6/2017 09:07

Look at the 1 year chart to see the price is back in the long term trend.

[onedayrodders] 09/6/2017 09:06

yes Dante agreed ... but you need to translate for the sellers

baaaaa, baaaaa IMHO

[haggismchaggis] 09/6/2017 09:06

You're ignoring shorters? Seems fair to me that some short termers will sell on news, but also shorters will try and take advantage of that, and that they expect a gap before the next news, a gap where they can make a small profit by shorting.Also, the MM's don't like stocks going out of control, so they walk prices up or down to keep them under control. Look at the chart and you'll see the price has been positioned back in line with the longer term trend, to me that is no coincidence. A 6% drop on just 300k of trades is OTT, the MM's have overdone the drop today just to position the share price back in the trend.

[dante17] 09/6/2017 08:55

Selling now when we r in profit, we r about to launch RedLeg in the US with a top-notch distributor and will soon be seeing the introduction of a new brand (or perhaps Jagos) is sheer stupidity. I am currently adding not selling, and i thank the idiotic sellers who brought the price down for me. Cheers mates!

[haggismchaggis] 09/6/2017 08:53

Or more shorters?

[onedayrodders] 09/6/2017 08:47

Like I said ... still a few sheep stragglers to clear

[haggismchaggis] 08/6/2017 18:20

Stick with the DIS game plan. Build sales at rates much higher than the Rum/Gin/Vodka markets are expanding (so far that has been the case), showing potential acquirers of the brands that these are what Don calls 'Hot Brands", then sell off one of the brands for tens of £millions, pay a special dividend, keep enough money back to boost the company via big advertising and new brands.

Short term drops are a longs best friend.

[haggismchaggis] 08/6/2017 18:12

Asturius101 8 Jun '17 - 17:17 - 3601 of 3601 0 0 (Filtered)

[asturius101] 08/6/2017 17:17

Party is over boys

[bprofit] 08/6/2017 16:45

Excellent buying opportunity if you ask me. The long term prospects have not changed...On top of this when they announce the US deal this has potential to increase far more than it has dipped in the last few days.

[beyond the wall] 08/6/2017 16:31

blimey, this all seems a bit of an over-reaction? Did I miss something, I thought the aim at this point was to be just about profitable with an expanding profile and a couple of valuable brands that were primed for sale at the right moment?
I guess maybe it got a bit ahead of itself and people were expecting more in the results, but I was nt.

[onedayrodders] 08/6/2017 15:50

still a day or so of delayed 'sheep selling' to get through

[baticle] 08/6/2017 14:50

Just about to hit Buy button and the price moves up... I'll see if the order gets filled at 2.75p....,
Not a chartist but that looks like it could be a resistance point.

[onedayrodders] 08/6/2017 12:09

IMHO the mm's have given today's sellers a right good caning

[boffster] 08/6/2017 11:31

No hindsight from me, this is as I had predicted. Well done to all those who heeded my cautionary words. Perhaps those who ridiculed and / or blocked me will learn something, but I doubt it.

[onedayrodders] 08/6/2017 11:30

thepopeofchillitown

let's just see shall we .. I'm sure today's action doesn't thrill you with confidence but there will be tomorrow and next week etc.

Lemmings and sheep spring to mind today.

;o)

[onedayrodders] 08/6/2017 11:27

Indeed haggis ... hindsight experts

[thepopeofchillitown] 08/6/2017 11:21

Who are you referring to haggis?

[haggismchaggis] 08/6/2017 11:10

Here come those with the negative spin again, talking rubbish as usual. No doubt either sold out and want to get back in cheaper, sold out and gone short in the hope of getting back in cheaper, or just shorting and want a quick payback.

Nobody said the MCap would be £50m let alone £100m this year based on results, what was said, and quite correctly too, is that RedLeg could be sold this year for 'up to £50m' and that Don said he would laugh at offers of £10m for RedLeg. Compare that laughable £10m to the MCap and it's nowhere near overvalued.

[hydrus] 08/6/2017 10:59

It was just overvalued - reality hitting home that this is a company with £1.6m turnover and profits will be low compared to the market cap. Doesn't mean the company is poor. Just some private investors getting carried away with talk of £50m to £100m Mcap this year - bizarre really

[multibagger] 08/6/2017 10:58

Mark Quinn has transferred shares into his ISA - always a good sign as it demonstrates his intention to save on potential capital gains :)

[thepopeofchillitown] 08/6/2017 10:50

Why will it be back up in a few weeks? Based on what? Results are what we expected. No solid news on US agreement. Can't see this going up until we get positive news.

[haggismchaggis] 08/6/2017 10:13

And clear out any shorters that think post-news is always a good time to go short. A nice USA distribution agreement isn't far away, we're already in negotiations.