Distil Share Discussion Threads

[petersinthemarket] 04/9/2021 12:09

>gleach/9953 - those trades don't show on the last three days london stock exchange trades lists. Where are you seeing them?

[gipps] 04/9/2021 10:47

I remember reading once that a lot of their business is done in duty free shops at air ports i wonder if that side of the business has picked up recently due to travel opening up again and they have been restocking there.

[gleach23] 03/9/2021 21:00

2 sizeable trades reported after the bell today but dated yesterday - one for 2.5m @ 1.95p and the other 2.65m @ 2.0p. In that context it's encouraging to see a tick up in the Bid today.

[haggismchaggis] 02/9/2021 16:53

Still appears on Waitrose grocery site if you search Google for Waitrose RedLeg Rum. But says not available, despite it is available in their cellar.hTTps://www.waitrose.com/ecom/products/red-leg-spiced-caribbean-rum/800684-519069-519070

[bprofit] 02/9/2021 11:43

It is listed on Waitrose cellar, not really spotted the Waitrose cellar site before.. https://www.waitrosecellar.com/rum/red-leg-spiced-rum-800684

[someuwin] 01/9/2021 19:40

I noticed there was no RedLeg at our local Waitrose at the weekend. Always used to be one or two lines available. Now nothing. And no shelf label with RedLeg name on it.

Looks like Waitrose have dropped it imo.

Also Red Leg no longer searchable at Waitrose online...

[gozo] 01/9/2021 18:59

Are those stocking issues to do with supply chain issues - scarcity of drivers ?

[haggismchaggis] 31/8/2021 16:56

Seen any RedLeg in Waitrose lately? My local is sold out. I looked at Waitrose online and it says out of stock. Tesco online says in stock. ASDA online out of stock. Morrisons online says in stock. Amazon seem out of stock, as they are only offering it to me from two spirit retailers, not their own stock.

[petersinthemarket] 18/8/2021 12:14

Long term Distil investors will know that this is not the first time that this Board has imposed a substantial dilution on our holdings and a blow to our short/medium term investment prospects without giving us an opportunity to join the party (unless we are a high net worth individual, or an institutional investor).

It is to be hoped that the new business plan and the new links being forged by board members will benefit the company and it's shareholders in due course, but many will fear that it may take rather a long time to provide a more stable and improving share price.

Some of the lack of interest shown by the chart may of course just be due to the usual summer lull, plus the small company syndrome, but some of it will doubtless be a reduced enthusiasm and a reluctance to buy without any obvious reason to believe in early gains.

We are all here to make a profit, not to suffer dilution, however good the cause may be.

This is a strong and ambitious company, but it is still very small and plainly growing much too slowly to put it under any market spotlight.

I still hold - but I have no plans to add until I see increasing signs of life.

[tommyjnewton] 17/8/2021 22:26

Awfully quiet here since the massive dilution. No interest in buying shares subject to further dilution. No idea why.

[petersinthemarket] 12/8/2021 18:06

Another waste of space for the filter

[ultimatejustice9] 12/8/2021 12:34

Pump and raise here, nothing to see

[gipps] 12/8/2021 07:33

I see stock spirits been bid a cash offer of 41 % premium to their share price this morning.Maybe there is some consolidation in the drinks business after all.

[petersinthemarket] 09/8/2021 15:55

5 August 2021 - Result of General Meeting
Following the General Meeting, convened by the Notice of GM dated 20 July 2021,
both resolutions set out in the Notice of GM were [99%] approved by Shareholders.

As a result, 160,750,000 new Ordinary Shares have today been allotted at an Issue Price of 2p/share, comprising 87,500,000 Placing Shares and 72,500,000 Subscription Shares and 750,000 Fee Shares.

Following Admission, the Company’s Total Issued Share Capital is 662,732,913.

The Placing Shares, Subscription Shares and Fee Shares are expected to
be admitted to trading on AIM with effect from 8.00 a.m. on 6 August 2021.

In addition,
107,166,665 Placing Warrants and 2,625,000 Broker Warrants have been issued.

[Prior to Placing the Total Issued Share Capital was 501,982,913]

[petersinthemarket] 09/8/2021 11:18

Did anyone attend the General Meeting on the 5th?

[gleach23] 02/8/2021 16:02

Decent buying today finally shifted the Offer.

Healthy demand evident currently - with market quote @ 2.0-2.2, can sell well over 500k shares @ 2.1p and only buy 62.5k.

Bodes well for further rises imo

[haggismchaggis] 01/8/2021 21:11

My Waitrose has RedLeg on special offer, they had several bottles on the shelf last Sunday. Visited today and it's sold out.

[tommyjnewton] 28/7/2021 23:19

If the company had been patient and held its nerve it could have bought its own 20 million distillery. Very disappointed.

[cockneytrader] 28/7/2021 14:35

Tommy, no need to call me an idiot. If the price was right for Red Leg they would sell it. I realise that Red Leg does 90% of the current lifting and without it they would be significantly loss making. However, if offered a significant sum it would go.

[cockneytrader] 27/7/2021 19:08

Fwiw, we know distil will soon be starting up a new whiskey series. We also know that Distil own the rights to Mardi Gras brand. Mardi Gras could be used as a rum brand and if this were the case we could jettison Red Leg. All speculation.

[waterloo01] 27/7/2021 15:48

I still hold here but have reduced on the last RNS. The key strategy was building a few strong brands and then to sell them to Diagio et al. Not sure the whiskey distillery fits that strategy. Further when Rolland Grain got involved there was always a danger he'd try and roll some of his ventures into DIS. I think that risk has increased, and while it might make sense (esp to him), it's not what I want as a holder, as I bought into the build and sell approach.

Happy to be proven wrong and hence keep a holding (but reduced)