Distil Share Discussion Threads

[monnow] 07/3/2018 11:41

Is this price action shorts buying back stock

[acdc52] 07/3/2018 10:47

Unless you are FD of Distil PLC, your comments are irrelevant and highly speculative on false pretence.

[boffster] 07/3/2018 10:37

I call it running out of cash

[acdc52] 07/3/2018 10:35

This is called prudent management.

[thepopeofchillitown] 07/3/2018 10:22

Markets aren't concerned so that's all that matters.

[boffster] 07/3/2018 10:16

Distil business policy reminds me of this classic

[boffster] 07/3/2018 10:14

Its not so much about why the broker ACCEPTED the shares. That's obvious.

Its more about why Distil OFFERED them.

[acdc52] 07/3/2018 09:33

Share price can go up or down, a healthy sign (struggling companies shares hardly move). Distil is healthy company and it will go far in terms of healthy growth.

[chinese investor] 07/3/2018 09:21

Excitement over....for now !

[amelia airhead] 07/3/2018 09:11

On the leaders board.

[exile] 07/3/2018 09:07

We have BLAST OFF !! We'll be overtaking that Red Tesla if this carries on !!

[russell crowe] 07/3/2018 09:03

We'll soon conquer America.

[russell crowe] 07/3/2018 09:02

I sense 10p.

[acdc52] 07/3/2018 08:58

We will see 4+ before the final results and it is going to be an improvement on last year in terms of revenue, net profit and cash at bank courtesy of smart management.

[acdc52] 07/3/2018 08:51

Could it be that he already owns sizeable shares, eh?

[chinese investor] 07/3/2018 08:51

GO GO HORSEY !

[boffster] 07/3/2018 08:47

Maybe Fat Cat Don ought to accept some of his massive salary in shares... why don't we see that eh?

[chinese investor] 07/3/2018 08:33

Will I get my 3.5p ?

[acdc52] 07/3/2018 08:19

Illogical assumptions/speculations by non holders (wishful thinking by losers). No broker will accept shares for cash in lieu of their services if the underlying company is going to fail. So far, Distil's progress is north bound and once USA is sorted sky is the limit.

[chinese investor] 07/3/2018 08:12

Good Start !

[suneday] 07/3/2018 07:38

BBBlue- thankyou for that factual info. Very helpful. It would have been useful if Dis could have found themselves able to be similarly detailed in their RNS.

[berny3] 07/3/2018 07:14

Boff my apologise as I did not read the news first. Bite too hard..

TPI were appointed in November. I would imagine the deal was negotiated around that time and TPI would of looked over the company first. Being March when finalised I would imagine TPI have a pretty good idea of where the company is etc.. To agree a share swap rather than cash TPI must feel is good value and hence why it has been accepted.

In terms of a broker taking shares over cash why not? Does not seem strange. I think it is a good thing.

Boff I accept your comment over cash, but I hold out it would be prudent to keep as much cash within the business as possible. I side with the view that cash is king and there is more than likely a big push to come on volumes.

We shall see come TU.

[bigboyblue] 07/3/2018 07:13

suneday: I hold shares here, but my biggest holding is in JAY. They have joint brokers Hannam& Partners and share price Angel. Both have been paid for their services in shares and/or warrants, see RNS 11th Jan and 9th June '17. I don't think this is anything to worry about. The brokers must be happy. Certainly if you check out the chart for JAY over the last year it doesn't seem to bother the market, provided they know the company is putting its limited resources to good use

[haggismchaggis] 06/3/2018 22:45

Paying in shares in advance, I've not seen that in my decades of stock market action. It has to be seen as bullish as the recipient wouldn't accept the stock unless they could make a decent profit from it, the risk / reward ratio (which you can guarantee was calculated prior to acceptance of the deal) must have been very much in favour of reward.I have a feeling the USA market entry is coming soon, and that is why the deal was done now.The deal today indicates no near term fund raising, because 1) It would dilute the payment that's just been made, that would be very naughty 2) If they were planning a near term fund raise they would have issued enough stock to make the payment (on top of what other cash they were raising), it makes no sense at all to issue shares to make the payment then issue more to raise funds, no sense at all.

[suneday] 06/3/2018 21:38

Regardless of what's said on here, punters will take a view tomorrow.