Distil Share Discussion Threads

[acdc52] 20/7/2017 22:31

Miton's AUM is over £3bn, they don't need to sell to invest in other small caps. I am baffled by their decision to sell couple of millions of Distil's shares for less than £60k. £60k is small change for asset management company like Miton. They still hold sizeable distil's shares. I hope they sell rest of Distil's shares before USA deal, I will be waiting.

[dan_the_epic] 20/7/2017 20:31

Milton Friedman?

[haggismchaggis] 20/7/2017 18:25

Milton probably wanted the profit skim to reinvest in a new microcap company, that's their modus operandi. The fact they still have a big holding says more about their view of future potential than the profit skim ever will.

[haggismchaggis] 20/7/2017 18:08

acdc, nothing wrong with a top slice, especially when you're left with a holding that's 'free' or 'nearly free'.

[acdc52] 20/7/2017 17:56

Currently, Distil is at 16th position in Miton's portfolio. Somebody at Miton miscalculated and shed some of it's Distil's shares via BONY on 18/7/17. Big mistake. Wait for news about deal with leading USA distributor. Revenue this year should reach £3m+ and net profit 100k+

[11_percent] 20/7/2017 17:55

Good to see.

[acdc52] 20/7/2017 17:16

Miton (micro cap) UK Trust PLC
Trust objective

To provide its shareholders with capital growth over the long term.

Investment Approach

The Company intends to invest primarily in the smallest companies, measured by their market capitalisation, quoted or traded on an exchange in the United Kingdom at the time of investment. It is likely that the majority of the micro-cap companies held in the Company's portfolio will be quoted on AIM Index and will typically have a market capitalisation of less than £150 million at the time of investment. The Company may also invest in debt warrants or convertible instruments issued by such companies and may invest in, or underwrite, future equity issues by such companies.

TOP 20 HOLDINGS Source: Capita Financial %
1. Fulcrum Utility Services Ltd 2.8
2. Crossrider plc 2.3
3. Cerillion plc
4. Kromek Group plc 2.3
5. Science in Sport plc 1.9
6. Yu Group plc 1.9
7. Cello Group plc 1.8
8. Swallowfield plc
9. Atlantis Resources Ltd 1.8
10. Fishing Republic Plc 1.8
11. Alpha FX Group plc 1.7
12. IG Design Group 1.7
13. Amino Technologies plc 1.7
14. Autins Group plc 1.7
15. Conygar Investment Co plc 1.6
16. Distil Plc 1.6
17. Scientific Digital Imaging plc 1.6
18. Totally plc 1.5
19. Ingenta plc 1.5
20. Frontier IP Group plc 1.5

[dan_the_epic] 19/7/2017 21:18

Lol interesting that you think I know nothing about Distil and that I have no interest in it.

[chinese investor] 19/7/2017 15:37

GO GO HORSEY !

[someuwin] 19/7/2017 14:33

Creeping up.

[thepopeofchillitown] 19/7/2017 08:26

Support at 2.75p would be nice

[dan_the_epic] 18/7/2017 20:31

No news anytime soon though, Haggis.

Could easily drift to 2.5 in any interim.

[haggismchaggis] 18/7/2017 09:59

Short term of intraday, daily, or even a weeks worth of share price movement is not the way to look at DIS. Think months or a year for the decent profit levels. I don't give a Fig if it drops one day or even three, because longer term it will still be higher than it was before that dip. Drops are to buy on, DIS is a profitable company that's got fast growing products and is expanding into big markets.

[villarich] 17/7/2017 22:23

Thanks Multi, appreciate you taking the time to post. I've done quite a bit of reading. I'm working my way through The Zulu Principle at the moment. Most of my recent reading has been along Value Investing / GARP shares as I've been building my pension pot. I've done well enough over the last 12 months to allow me to put a portion of the pot towards trading (and having the odd gamble!).Thanks for the recommendation. I will check out that book as it sounds interesting and will help with the trading side of things. I had a level 2 subscription on sharepad and liked the layout there too. Just need to see some examples of how it's used to time trades.

[multibagger] 17/7/2017 18:14

You are most welcome Villarich - the "cut and paste" in my post makes Level 2 appear more complicated than it actually is - the layout of the Level 2 that I use from Mon...am website on a subscription basis is very straight forward.

As mentioned before, I do not particularly use Level 2 to time trades, but many do. To me it adds another input/dimension to stock trading.

While you are looking at courses - may I suggest that you consider learning the basics of Candlesticks ? as coupled with volume and price action this is a pretty good timing tool and helps identify trends and when the market is set to turn.

Anna Coulling's book Volume Price Analysis is a very good read and pretty cheap - well worth investing in. It also sheds an insight into how the market works and how sentiment is driven....I keep going back to it quite often.

Good luck with your investing :)

[villarich] 17/7/2017 15:51

Hi MultiThank you for the reply, I really appreciate it. I don't use Level 2 but always wanted to learn how to. I briefly had access a few months ago and while i understand the principle of it, I still haven't got my head around how and when to use it. I learn best through practice so think I need to go on a course to see it being used in action.Thanks againVR

[berny3] 17/7/2017 12:41

Multi thank you for that makes interesting reading

[multibagger] 17/7/2017 11:59

Hi Villarich - no problems :)

Sorry for the delay, as I have been busy....

This is a recent copy and paste from the Level 2 feed.

I don't really do much trading, but I like watching the Level 2 movements when I can, as they tell a story about demand/supply at various prices. I find it interesting :)

Connection status : Connected
DISTIL PLC ORD 0.1P (AIM)
Mid:2.9750
+0.2250 +8.1818%
Close:2.7500
Open:2.9500
Trd High:3.1000
Trd Low:2.9500
Uncr:0.0000
VWAP:0.0000
Total Vol:3,606,928
SETS Vol:
EMS:50,000
Spread:1.6667%
08:00
08:47
09:34
10:21
11:08
11:55
2.90
2.95
3.00
3.05
3.10
Status:
150,0002.9500
Buy Orders
11:06 PEEL 50,000 2.9500
08:02 SCAP 50,000 2.9000
08:04 WINS 50,000 2.8000
11:11 CFEP 50,000 2.8000
Depth
4Volume
200,000VWAP
2.8625
3.000050,0001
Sell Orders
3.0000 50,000 CFEP 11:11
3.1000 50,000 WINS 08:04
3.2000 50,000 SCAP 08:02
3.2500 50,000 PEEL 11:06
VWAP
3.1375Volume
200,000Depth
4
Latest Trades
11:27:55 2.9620 8,000 O
11:27:45 2.9620 3,122 O
11:26:02 2.9625 25,000 O
11:18:34 2.9625 13,502 O
11:17:22 2.9625 13,502 O
11:16:48 2.9625 13,098 O
11:13:14 2.9625 20,000 O
11:12:01 2.9999 99,670 O
11:11:28 3.0000 30,000 O
11:11:16 2.9500 33,401 O
11:01:32 3.0120 100,000 O
10:59:56 3.0120 20,000 O
10:59:14 3.0125 33,195 O
10:58:30 3.0125 415 O
10:54:34 3.0000 14,527 O
10:48:41 3.0149 16,187 O
10:45:48 3.0200 5,564 O
10:31:18 3.0500 32,591 O
10:27:26 3.0500 6,567 O
10:18:06 3.0500 5,411 O

[villarich] 17/7/2017 10:44

Sorry forgot to say please! Pardon my poor manners.

[villarich] 17/7/2017 10:43

Multibagger - quick question if you don't mind? I'm starting to get into use of Level 2 to help me time trades. You mention that WINS are the only MMs left at 3.10. Is this on the sell side? Where are the other MMs sitting price wise?

[haggismchaggis] 17/7/2017 08:42

3rd highest rising stock of the day so far, that will get DIS noticed a bit more by the market.

[haggismchaggis] 17/7/2017 08:40

Yes, Blackwoods given Gold by Country Life magazine wasn't it?

[multibagger] 17/7/2017 08:32

Due a tick up as per Level 2 - only WINS left on 3.10p