Distil Share Discussion Threads

[chinese investor] 13/6/2017 16:50

The TESCO in Durham City Market Place are selling Red Leg in huge numbers.
Probably the students !

[someuwin] 13/6/2017 14:50

Cheers berny - very interesting.

[berny3] 13/6/2017 14:44

Have carried out some analysis of the final figures.

Cash Flow: Difference compared to last FY is that £65,000 was invested in Property Plant and Equipment. Including this investment in cash flow. Cash flow burn rates reduced: 6 mnth 2016 £-26,166.67pm 6mnth 2017 £-17,166.67pm; 12 mnth 2016 £-10,916.67 12 mnth 2017 £-6,416.67

Cash available at end of period £910,000

Therefore company is solvent and would not expect a future requirement to raise additional capital.

Looking at contribution at a market cap of £14.6mln the company is on a multiple contribution of 25.83. Previously the company has been priced at a multiple of 12.8 Final 2016 and 14.39 Final 2015. At both these times I believe the market did not have confidence that the company would survive and therefore attributed a low multiplier.

Looking at case sales - estimating £36 revenue per 6 bottle case (£6 revenue to the company per bottle sold) On the revenue data given estimate 45,000 case sales. At current market cap we are looking at value of circa £310 per case.

Interestingly we were given Growth figures for Redleg Rum and Blackwoods Gin. 63% growth in Redleg Rum @ £324K growth equates to a sales figure of £838,285 for Redleg Rum. 41% growth in Blackwoods Gin @ £189K growth equates to a sales figure of £649,975.61 for Blackwoods Gin. This leaves £153,738.68 figure for sales revenue from others. I would assume majority of that is Blavod.

Using these sales figures we get a percentage of revenue from each brand.

Redleg Rum 51.05%
Blackwoods Gin 39.58%
Others 9.36%

Using Market Cap at £14.620mln

The market is attributing the following values to the brands
Redleg Rum £7.46mln
Blackwoods Gin £5.787mln
Others £1.368mln

Hope this is helpful and gives a much better understanding of where the company is.

[thepopeofchillitown] 13/6/2017 07:27

Update was August last year. Surely be the same again.

[villarich] 12/6/2017 16:21

AGM 4th July. Can we expect a trading update? Will they announce the US distribution deal on Independence Day?

[onedayrodders] 12/6/2017 13:28

Baaaaaaa

still a few stragglers

[haggismchaggis] 10/6/2017 14:41

Blackwoods Gin @BlackwoodsGin·5hWe're lucky enough to be celebrating #WorldGinDay at The National Space Centre today! Make sure you drop by for a drink! #Blackwoods https://twitter.com/BlackwoodsGin?

[onedayrodders] 09/6/2017 12:40

...where did someone mention 'mentally ill' ? ... all I said was 'sheep'
not mentally ill sheep just the bulk standard baaaa type.

;o)

[acdc52] 09/6/2017 12:37

Eagerly waiting for first quarter results. Expecting exciting numbers.

[thepopeofchillitown] 09/6/2017 11:25

If haven't sold mate. Just reiterate my point that people are entitled to do so without being portrayed as mentally I'll.

[onedayrodders] 09/6/2017 10:47

If you have sold pope be happy and move on

[haggismchaggis] 09/6/2017 10:35

Quite agree rodders! Shorters might have made 10%, short term traders were only in very recently, so 10% there too. 250,000 shares sold with a 10% profit is a pittance.

[onedayrodders] 09/6/2017 10:29

The timing of the sales rules out any "clever strategy" , if you didn't think it wise to sell at 3.6 but now you do at 2.6 after solid results I doubt the majority of the sellers have made 20% let alone 200% !!

But if the odd one did I would still question selling today at 2.6p !

[thepopeofchillitown] 09/6/2017 10:22

It's relative surely. 200% is 200% regardless of the investment amount. Sensible strategy to have targets and stops and treating anyone who sells as a fool is unnecessary and not helpful when looking for a balanced discussion board. We could be the fools in 6 months.

[onedayrodders] 09/6/2017 10:19

like I said just naive AIM punters getting caned by the mm's and moving on looking for another winning lottery ticket

better off without them

[villarich] 09/6/2017 10:13

Is the worm turning? Have all the lemmings dropped off the cliff?

[haggismchaggis] 09/6/2017 10:07

Huge? You're having a laugh!!! Look at the sizes of the trades, a few hundred quid profit each (from selling or shorting), to me that's pitiful not huge!!

[thepopeofchillitown] 09/6/2017 09:27

A 25% drop in a week is nasty whatever chart you're looking at. All these 'sheep' could well be banking huge profits.