Distil Share Discussion Threads

[suneday] 22/9/2017 09:10

Say a deal was done at 'up to £50m' today, ( maybe £40m after tax ) what value would you then put on the share price?

[haggismchaggis] 21/9/2017 22:54

Blackwoods prices.

Sainsbury's £22.00
Morrisons £22.00
Amazon £25.18
Tesco £21.50

[haggismchaggis] 21/9/2017 22:48

RedLeg prices.

Sainsbury's £17.00
Morrisons £17.00
Amazon £17.00
ASDA £20.00
Waitrose £20.00
Tesco £20.50

[suneday] 21/9/2017 22:11

Of course it's my opinion. I thought this was a discussion board.
Whoever sold did so because they chose to, as they do when they buy. And as for Don he is best placed to take or turn down an offer when one's made.
If he's in top secret talks that's fine.
And whether you sell any or add or hold is fine.
And what anybody else thinks or does is fine.
Edit - And yes, I agree it is the facts when they happen that will count, as always.

[haggismchaggis] 21/9/2017 21:58

So what you're really saying is you've topsliced. The rest is your opinion and we'll have to wait for the results and USA deal before we see where the price goes. So nothing at all has changed, apart from you selling a few. You have no knowledge if why others have sold, there are dozens of reasons why people sell stocks, they don't all sell for the same reason as you or what you think they sold for. I've not sold any, I'm not going to sell any at this ridiculous price, ask Don if he thinks its a ridiculous price, we all know what his reply will be, he's the one with the vast knowledge about the value of the brands and therefore the sum of those brands leading to a fair valuation for the stock. As for a bidder coming in for one of the brands, they could be in talks right now, as the talks would be top secret until an agreement is signed, it's not like a takeover, they don't have to announce talks about the sale of a brand.

[suneday] 21/9/2017 21:03

No. It's dropped back, despite improved trading. Why?
I suggest that is because some investors, not only me, thought it was overpriced, and the notion of imminent sale to Marie Brizard or Diageo or whoever else has diminished.
And no trading in USA currently, and not until company finalises arrangements, despite having an existing deal to do so, albeit they may want to change that.
Simple enough.

[bprofit] 21/9/2017 20:31

Interesting article:http://www.harpers.co.uk/news/fullstory.php/aid/22389

[onedayrodders] 21/9/2017 20:27

So in summary Suneday what you are basically saying is ..
There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don't know. But there are also unknown unknowns. There are things we don't know we don't know.

[suneday] 21/9/2017 12:09

I now have a 'free ride' here. The rise in my view was unsustainable. I cannot see that most investors will continue to 'price in' enthusiasm for the possibility of a brand sale in an indefinite amount of time, in the way they then appeared to have done, and what might happen in USA.
I anticipate market will put a price on it more akin to trading as it exists now, with an eye to the outlook and USA when interims are reported.
I have no idea what that price might be.
There may be earlier updates.

[acdc52] 21/9/2017 08:37

Don't be silly Pope, I know you are not. It was aimed at another self proclaimed chart guru, you know who?

[thepopeofchillitown] 21/9/2017 07:07

I'm aware of that acdc. I'm not the one being silly!

[haggismchaggis] 20/9/2017 17:04

Technically, look at the bar charts for 3 and 6 months and you'll see a lot of support around the current price, so it may well stay above 3p, I'd say it was 50/50 whether it stayed slightly above 3p or went slightly below 3p.Either way it's a glaring buy already, as the growth is staggering and the brand performance has been exceptional over the past year, and that's before you price in the sale of one of the brands at up to £50m.

[acdc52] 20/9/2017 14:20

Don't be silly Pope, we can't manipulate share price from here. The only way to move price up or down at will is by using large sums of money (large hedge funds often do that). We are just small fish in large pond, we can't manipulate market..people like George Soros can..sadly

[thepopeofchillitown] 20/9/2017 13:15

Be careful acdc. Haggis will accuse you of all sorts. I said several weeks ago I expected this to drift and was accused of trying to talk the price down. We had a spike but ultimately it has drifted as we approach mid year results and still await US deal news. All opinions all valid.

[acdc52] 20/9/2017 13:07

Below 3p would be good opportunity to accumulate.

[onedayrodders] 20/9/2017 12:49

looks like technically we may settle around 2.9 - 3p until TU or something else

[petersinthemarket] 20/9/2017 11:22

Ref #3969
''We had a 1st qtr TU on 7 July, so it seems reasonable that we would have to wait about another 3mths for a 2nd qtr TU. Interims should be around 29 Oct so probably a TU either last day or so of Sept or, more likely, early Oct to signal half yr progress. imo all this is plainly too close for them to be prepared to anticipate the TU by revealing anything right now''

In the meantime I will keep adding a few on the dips.
GL,
pete

[suneday] 20/9/2017 10:35

Details of any deal superceding the 'exclusive, long term, importation and distribution' agreement in the USA they have had since Jan. 2015 with Winebow for Blackwood and Redleg would be appreciated. They say they have greater expectation in the USA now for Redleg causing them to review their arrangements.
Everyone anticipates something at least on that.
The greater news I think will be the result of their efforts.

[acdc52] 20/9/2017 09:57

Next interim results for six months to 30-9-17 should be published in couple of weeks time (2-3weeks from 30.9.17 is a good guess), hopefully with positive news about dealership agreement in USA. Keep fingers crossed.

[acdc52] 16/9/2017 21:39

At Whiskey Exchange website RedLeg is listed at £21.45 whereas Captain Morgan is listed at £16.45. I think RedLeg should do a promotion at £15.45

[milden112] 16/9/2017 12:43

The Waitrose weekend paper is pushing Rum this weekend with an 8 page Rum special! RedLeg features under its "Spice It Up" section!

[thepopeofchillitown] 14/9/2017 22:11

I see Morgan Stanley are tipping drink stocks. They suggest the development of driverless technology could mean more people going out and drinking. Thought it interesting

[onedayrodders] 13/9/2017 13:11

haggis ..probably the same person who sold similar shapes last week

[haggismchaggis] 13/9/2017 10:15

Who just bought 950,000?