Distil Share Discussion Threads

[petersinthemarket] 01/2/2018 15:19

Rather wide spread quoted, 1.55/1.8, but no-one seems to be trading at either end, only around the middle of the band.

[berny3] 01/2/2018 15:10

Reckon TW and Boff are there as well ;-)

[berny3] 01/2/2018 15:08

Price is being walked down on pretty small trades. 306,814 @1.5 is getting it to the lows, then begins to walk back up again.

[petersinthemarket] 01/2/2018 15:06

Don't really understand what caused that fall but it looks as if buyers are coming back in now (inc me!).
GL, pete

[baticle] 01/2/2018 14:42

Can't believe the share price is still falling, Nonetheless I'm Still here long term and I can only view this a good buying opportunity. I've not tried the New gin recipe yet and wasn't overly sold on the New bottle design, but my mates... a couple that are in the brewing industry do like it, Has a touch of Retro about it but very stylish and it is growing on me. The Red leg seems to be selling consistently round and about even though there have been fewer cut price offers during the last 6 months, if that's a result of firmer pricing from the top then we may see an improved margin.
Year end will be coming around soon and looking forward to the companies plans for the future.

[chinese investor] 01/2/2018 13:51

I can tell you are a professional Asturius !

[asturius101] 01/2/2018 13:49

I think i will be buying at 0.5p...good long term hold from imho

[buoycat] 01/2/2018 13:35

I bought at 1p when they were blavod. It's disappointing to see the price soar and then fall back but the story is a long term one, hopefully a case of get rich slowly

[buoycat] 01/2/2018 13:11

The fact is there is solid growth but not with the sort of fireworks that investors seem to demand as per fevertree. Blackwood's and red leg have an established presence now in a crowded market. No mean feat and something to build on.

[monnow] 01/2/2018 12:28

Threadworm : from a chartists point of view its a bearish situation .
WOW your insight is amazing,how did you manage to work that one out, perhaps we should all state the bleeding obvious.

[chinese investor] 01/2/2018 12:24

This comes as a bit of a shock !
I expect too many people fell in love with the share and didn't look too closely at the numbers.

Me included.

[monnow] 01/2/2018 12:06

Sorry Typo : Blackwoods Gin 41 % increase in sales revenue, excellent nione the less

[monnow] 01/2/2018 11:53

Source Companies house : filing History for Distil plc
Sep 2017 account to March 31st 2017
RedLeg 63 % rev growth
Blackwoods Gin 63% rev growth
UK domestic growth 70%
Gross profit increase 40%
These are the facts dont cloud with your projections of a slow down which are just conjecture

[berny3] 01/2/2018 11:38

TW look forward to discussing more when you have time. From what I have witnessed

youth seldom trumps wisdom and experience.

businesses that have people working through the night to make things happen usually have demotivated staff, under resourced and run into the buffers. Prudent, calculated steps are far more important than flat out. It does not matter how fast you spin the wheel if it is not connected to the ground it has no impact.

I am puzzled where you get the slowing growth from. If you look at figures in detail and assess back fill requirements from new listings the growth rate is exceptionally good and growing. I assume every new listing requires a multiple of 3 per new store. 1 for the store, 1 for local distribution center, 1 for central distribution center. On the back of new listings in Morrissons, Asda and the Pub chain 21% growth is not to be dismissed so easily.

Your views on a placing confuse me. The company has a positive cash position and has not been exuberant on marketing spend in the past and still achieves substantial organic growth.

If your theory is that you need a young, inexperienced, spendthrift employee to achieve success I beg to differ.

[threadworm] 01/2/2018 10:58

(and I don't believe for one moment, any individual contributing to this forum, has 10M shares).

[threadworm] 01/2/2018 10:55

Boffster and Berny, good posts both.

I kind of set my stall out the other day with my view of the company at present....full and reasoned. I stick to that. As you're probably aware I am minded more on the bearish side at present.

Far too busy to post more right now but maybe after hours.

From a chartists point of view, it's a bear situation.

What I would say is that I do think reduced % growth, particularly for the all important Q3 period should be given more consideration. As for the age of the CEO.....well Ambler was younger, I believe, when he was at the helm but he didn't have the energy anyway. I do think Goulding is of a higher calibre and more business savvy generally, but I do certainly think there is an argument for having younger blood mixed with the experienced at BOD level. I have seen it work well at other companies, including those in this industry.

Remember, the company needs to be on the pulse. And the pulse these days changes month to month.

They have to remain relevant. And if it's not your baby, and if you're not up though the night making it happen, week in week out, that costs money.

We all have our own thoughts about the cash and funding situation. I think they'll need more and will place within the next 3 months or so.

Perhaps discuss more this evening.

[thepopeofchillitown] 01/2/2018 10:34

Haggis has gone quiet

[petersinthemarket] 31/1/2018 16:55

Ref #4769 - no disrespect. You are entitled to your own opinion, even if I am getting a bit fed up with hearing about it every day.

My opinion: Don Goulding is an honest, straight speaking, approachable man who has vast experience in his business and has a large personal interest in success.

This is a hard business in which to grow and succeed, but I believe we are on our way.

If anyone thinks that success should come quickly they will be very disappointed. If they think it will come over time, then IMO they are right. DIS is no target for a day trader. This is a slow burner but a very strong company in good hands.

If there is another placing (which i doubt) at a sensible price I will be very happy to buy in. I continue to accumulate on lows. I am a totally committed medium to long term holder (as if you hadn't guessed).

I am very comfortable with anyone presenting a properly thought out and balanced view, positive or negative, so please continue as long as it is not just knocking copy. If anyone has a reduced confidence in the company's prospects, they are free to neither buy or hold. Simples. GL all, pete

[suneday] 31/1/2018 15:39

Nothing been said about one 'nationwide' company. That may prove to be the case, but US alcohol sales is more complex than UK, differing state regulation, taxation and so on, and also in my view with a much smaller budget Distil will need to target its resources within the US market.

[dante17] 31/1/2018 14:11

Boff, you're wrong also about our products not being on sale in the US for three years (ie since approval was granted). Both Blavod and Blackwoods are on sale already and RedLeg could have been on sale a year ago but it was decided that Winebow wasn't strong enough to maximize its potential. Plus the strategy now is to have all three brands distributed by one nationwide company. Obviously it will give us more clout.And Don's age is not a factor. He's very energetic and well-connected, and a younger man would not necessarily be better purely because of age. So that's another illogical point, but you're entitled to it and to all your other opinions. Free world and all that.

[boffster] 31/1/2018 14:10

I have a book called "Wiped Out - How I lost a fortune on the stock market." One of the take-home points from this being that it is human nature to kick ones self for not executing a perfectly timed trade, but that to do so is to drive ones self insane, since, as you say Berny, it is just impossible to achieve all the time.