Distil Share Discussion Threads

[petersinthemarket] 21/9/2020 21:24

I found and bought a can of Franklin's RedLeg Rum and Cola and a can of RedLeg Rum and Ginger Ale at Tesco Extra in Haverfordwest, SW Wales this afternoon. If it's got that far, it's everywhere. The shelf was already emptying. Great stuff. £2 per can or 4 cans for £6. I love the basic bottled rum, but I'm not personally keen on the cans. However, marketing obviously found it to be great. vive la differance. pete

[petersinthemarket] 21/9/2020 21:10

Zxie - (assuming you drink alcohol) buy a bottle of redleg and enjoy a quiet evening.
I can testify that it works. rgds, pete

[petersinthemarket] 17/9/2020 12:05

REF: #8707:Jane said: ''In answer to your question
I think he wants to get a holding that gets his ability to put his stamp on the company and that always means change''

Are you mixing me up with someone else Jane? I didn't ask a question.

However, in your answer I am not clear whether you are talking about Howard Raymond or Roland Grain. RG is the largest shareholder and HR has not increased his holding. What is your point?

I'll grant you one thing. I am a committed holder. What's wrong with that? I see the potential value in the company. But I'm not against a change of ownership if it improves prospects. You haven't explained how you think that might come about.

Finally, as repeated many times, I don't mind negative comments at all as long as they are backed up with facts. No disrespect meant, but your recent posts have simply been inaccurate and wrong information needs rebutting. Nothing personal intended.
rgds, pete

[berny3] 17/9/2020 11:33

JK to be fair your post and claims are not accurate.

"Howard Raymond has serious thoughts about distil
Why do you think he’s increasing his holding"

that has been proved to be wrong.

The question you ask only you know the answer to.

For me I am up money on a weighted basis so am not concerned and feel the price will move further forward. Any sharp drop in the share price I view no differently than the other companies I invest in that have fallen by similar amounts. look at many of the FTSE 100 companies that dropped to very low levels in March this year.

RIO Tinto could buy at £30, Recckit Benkiser £50 to name two. If you believed there was value you bought. Those two have come good even though the market priced them as down over 50% from their highs.

Distil is no different if you think there is value at this level you buy. If not you don't simple as that.

I think there have been several posts where many posters have outlined why they see value at these levels.

I see value at these levels in Distil. You may not that is what makes a market, a difference of opinion.

[janekane] 17/9/2020 10:29

Ok you never commented about the massive drop in share price your like a politician not answering a question with a question
The fact is Pete your so inlove with this that your ability to see problems are blurred
Why has the share price plummeted on a company showing low profit
Why has Roland grain accumulated such a massive stake
It's not that he gets a massive dividend
It's certainly not becouse he has so much faith in the company moving forward as is now
The share price answers that question
No Pete your so in love with this that you will never entertain another shareholder voicing their concerns
In answer to your question
I think he wants to get a holding that gets his ability to put his stamp on the company and that always means change

[petersinthemarket] 17/9/2020 09:34

Jane - evidence please!

1 April 2020 Howard Raymond 10.9%
30 Sep 2019 Howard Raymond had 10.9%
13 Dec 2018 Howard Raymond 54,718, 333 10.9%

[berny3] 17/9/2020 08:50

JK - what are you referring to?

Where is your evidence that Howard Raymond has increased his holding?

Here was his latest trade


Howard Raymond is no longer the biggest shareholder Roland Grain is now owning just over 11%

Do you mean to say Roalnd Grain has serious thoughts about Distil
Why do you think he's increasing his holding?

[janekane] 17/9/2020 08:37

Howard Raymond has serious thoughts about distil
Why do you think he’s increasing his holding
Here’s the major holders who must be concerned about the drop of 70% share price over the last 3 years

April 2020
Investor Percentage
Howard Raymond 10.90%
HSBC Global Custody Nominee (UK) Ltd 10.16%
Miton Group PLC 4.89%
Barclays Direct Investing Nominees Ltd 4.26%
HDSL Nominess Limited 4.12%
HSBC Global Custody Nominee (UK) Ltd 3.78%
RGS Beteiligungs-und Management GmbH 5.08%
Total Major Shareholders 43.19%
Total Share Capital 501,982,913

[petersinthemarket] 16/9/2020 18:33

It's enormous fun being your plaything Jane!
I'm sure you know as well as I do that big companies can apply pressure to retailers.

EDIT: ADDED IN: 18 April 2018 Budweiser owner AB Inbev purchased UK based whisky blender and online retailer Atom Group owner of Master of Malt, for an undisclosed sum.'' - The reason I added this is that since the takeover AB Inbev has instructed MoM not to export any spirits products (therefore including our RedLeg) into the USA where they have their own huge grip on the US booze market. I haven't tried to find any up to date stats, but I do know that in 2014 AB Inbev owned a massive 45% of the US beer market and can more or less impose any of their own rules on any booze supplier.

To go back a few posts, would you tell us how you propose to engineer a change of management at Distil Plc. I promise not to warn them that you are coming for them.

[janekane] 16/9/2020 18:01

Tell us how they could have used their muscles l
Ime sure They would relish your expertise eh🤣

[petersinthemarket] 16/9/2020 17:48

Jane - at it again, eh?

Don't you also think that somehow the biggest companies should have been able to use their muscle to cope better.

The real point, surely, the relevant point, is that the Distil management coped admirably well in a creative way.

The results next month will tell us if that view is correct.
kind regards, pete

[janekane] 16/9/2020 17:03

Surprised at the sales fall
You didn’t notice most of the pubs in the uk were shut for 3 months then

[petersinthemarket] 16/9/2020 16:03

Not part of the spirits sector – but none-the-less an important adjunct.

Mixer producer Fever-Tree reported an 11% sales decrease in the first six months of 2020 due to the impact of the pandemic in the UK and Europe.

In the group’s core UK market, sales fell 20% to £48.3m (US$63m).

[To be fair, the brand maintained its number one position in the UK mixer category at retail, and there was some goods news in some of their other sector interests].

I am surprised at the sales fall, as Fever Tree is obviously a leading player.

[petersinthemarket] 16/9/2020 15:39

As a follow up from Janes point about sellers earlier on, the volume chart above is a sea of red. Can look very dis-spiriting for sure, especially to newbies, until you understand that this is a low share price share and all the last 2 days trades still only amount to around £5k. Very small beans indeed amongst a great many very tightly held shares.

[petersinthemarket] 16/9/2020 15:30

Cheers DAZ - I think part of the answer here might simply be that smaller companies are far more nimble than the giants and can adapt to circumstances much more quickly.
Elephants don't gallop.

Also, I think that buying back all the untraded stock from closed-down businesses earlier this year and feeding it into Am*z*n and the supermarkets was a gifted move and likely to nicely underscore this years figures.
pete

[daz1712] 16/9/2020 15:15

Thanks just interested to know as it’s an indication of general performances in the sector, not had time to do research on Dis or the sector lately

[petersinthemarket] 16/9/2020 14:07

Darn it Berny - you can obviously type faster than me!

DAZ – I hope your question was genuine and not just mischief, but in fact there is already a lot of stuff out there atm if you care to read around.

With more company results due in Oct, I would also expect to see more bad news for some of the bigger companies.

Forgive me if I don't wade through all the figures to present them for you, but if you want to check for yourself you might start with Perno-Ricard, Brown-Forman and Diageo (down a whopping 47% op profit). There are others too.

Not sure if you follow them, but www.thespiritsbusiness.com is a brilliant source of up to date news around our sector. I can strongly recommend a daily read.

Leading on from that, I note that the RTD/RTS sector is attracting a lot of new attention lately. The bigger companies seem to be either raising their own depts, or buying in a smaller company who is already trading them successfully.

We joined this drinks sector fairly early on and with our collaborator are making a superb job of it.

Great team at DIS – don't you agree?
pete

EDIT: Add in ''Sales at the house of Rémy Martin declined organically by 39.2% in the first quarter, impacted by destocking in most major markets and a slump in duty-free sales.''

[berny3] 16/9/2020 13:54

Daz,

Here are articles to a few.

[daz1712] 16/9/2020 13:15

Hi Pete just out of interest who are the far bigger competition who has had the stuffing knocked out of them?

[petersinthemarket] 16/9/2020 11:07

Sorry Jane, but I have to ask you once again to please use facts and not just acid when making claims.

Recent daily and monthly trades are not substantially different to any during the last 12mths. In fact they are amongst the lowest. The picture is similar for value and volume. Over the last week or so there have been barely a couple of dozen or so sells and all of small cash values.

The picture is hardly one of lots of disappointed holders jumping ship. On the contrary, there may be a few punters, traders and bored out there, but there is plainly no exodus going on, just normal low level exchanges.

I suspect that our next results will look very promising, even though covid has knocked the stuffing out of some of our far bigger competitors.

The board are still introducing new products and plainly have other new innovations yet to come.

The market has yet to recognise the strength of Distil which I believe punches well above it's weight.

We also know that there is at least one serious predator out there who obviously does recognise the company's strengths.

I believe that our management as a whole are doing an excellent job and I have full confidence in their ability to continue to build the company. I see absolutely no sign of II's or PI's jumping ship.

If you think that we might need to change our leadership, I would be most interested to know how you believe such a situation could be engineered. I do not believe your idea would be given any support whatever.
pete

[janekane] 16/9/2020 08:39

Pity we have no buyers of our shares lots of disappointed holders jumping ship
We are debt free although these figures are now out of date so we don’t know our financial position as now The next trading update in 5 weeks needs to be a lot healthier than Last years
If the results are as last years then we need change at the top
Something all here should think about

[berny3] 15/9/2020 14:27

here is the pic of new bottle design - very little change.



The original label is kept (which is good imo) the pineapple has a smaller crab and the words in green pineapple underneath and a green bottle top. Similar Banana is the same but with Banana where pineapple was and a cream top (similar top to Bacardi (maybe coincidence)

I think this is brewing for something else on the brand line as it has firmed up the Redleg Brand and logo and all three bottles would look good together on a shelf.

I imagine first distribution will be through Amazon and online

[lr2] 15/9/2020 12:24

And not that closely either. Bacardi Banana is a white rum, I doubt that RedLeg Banana will be.