Distil Share Discussion Threads

[kaos3] 21/10/2022 07:51

I see there are many like myself. liking the idea and the product - not liking modus operandi

[kaos3] 21/10/2022 07:27

in my mind the jury is still out on RG. will he use DIS business for his own broader goals 100 % despite owning only 30 %?

when one is small and needs lots of cash to build critical mass (brand, distribution) in order to create value and margin

it is beyond stupid imho to invest precious cash into MINORITY brick and mortar project with low margin and long duration (payback period). It seems to me like poor sod carrying water for the masters....

Why I keep appearing - to see where DIS is going - as the industry is interesting, brand is promising - but the current high risk situation prevents me to buy in again atm

[daz1712] 21/10/2022 05:13

I know folks have missed my contributions on here, so Ill give a quick update on my views. I had a look at the latest interim results as I noticed the share price has tanked back to .75 from 3.2p when the announcement of the plans to invest in this development in Ardgowan was agreed with RG. With the latest results and new business model the income has fallen off a cliff and the costs have increased still further, with only 950k left in the bank if the direct distribution plan fails to secure revenues back to 2.5million surely the cash will run out within 6 months? If so will a new cash call be announced to prop up the new plan? Is the brand growth talked about growing from this new bottom line or the 2021 figures? From my own observation Redleg rum can’t be seen in Asda,sainsburys or Morrisons anymore no new shelf space in co-op or Tesco locals. Can they confirm these will be back in the shops before Christmas(I doubt it). Building brands and selling them has been dropped and the current shareholders are been used to fund a new whiskey Visitor centre. Profit and growth are only talked about, shareholders return are massively overlooked by the folks managing this little business. I think things could only get worse if Lis Truss and Kwasi get involved in their next project 😆.
Maybe I’m wrong and I’m sure Pete will spin it, but I’m definitely not investing back it a .75 even if Jane gives the go ahead we can’t lose at this price. Good luck

[eezymunny] 14/10/2022 08:29

BACARDI-MARTINI LIMITED revenue 250m+

That´s what I call leading brands...and more comparable to DIS products.

It´s a miserably tough market to penetrate when you have competitors of that size, and their marketing budgets etc.

After 20 years DIS struggling to do 3m....

[waterloo01] 14/10/2022 08:28

I've also traded this on occasion but not holding since they changed strategy of build and sell, got into bed with Grain and decided to build a distillery. It was clear with a change of distributor that sales would be hit badly. I'll look to come back with a stake once the new distributor has proved it was the wholesaler not the product behind the poor sales. If that makes me an oddball, so be it.

[celeritas] 14/10/2022 08:25

I don’t see it as a luxury item at all, going out for a drink is a luxury these days never mind a meal...

[petersinthemarket] 14/10/2022 08:24

yf23/#10268 .... your point surprises me. RedLeg is on the shelf in two local Tesco Extras near my home here in the sw. Stock did run out at one site for one week last month but apart from that it's remained available for some years now.

Which branch are you referring to?

[thepopeofchillitown] 14/10/2022 07:17

I've been in and out of DIS over the years and done OK. Profit several times and lost a couple of times. Currently I don't hold. Pete, I find your posts helpful and you're a valuable contributor but I think most posts add value. Agree with you that the people who only appear on here to be overly negative are oddballs. The current numbers can be explained but I do agree with others re the brands. We're told time and again the business model is to grow and sell the brands but that hasn't happened and doesn't look like happening soon years later. That said at this price I'd be tempted to have a punt although the financial squeeze is a potential further negative on what is essentially a luxury item.

[celeritas] 13/10/2022 21:58

You can't compare lager with Rum.

[yf23_1] 13/10/2022 20:49

Quite true, removed from Tesco shelves a year ago.

[eezymunny] 13/10/2022 17:17

"RedLeg is a leading brand on the shelf in major supermarkets"

Err Stella does 250m a year. That´s what I call a leading brand.

All the DIS brands together did less than 0.5m in H1. They do not have leading brands in anyone´s head but the utterly deluded IMO.

[petersinthemarket] 13/10/2022 15:29

DIS have nearly £1million in cash in the bank and no debt. They are far from broke. RedLeg is a leading brand on the shelf in major supermarkets and on Amazon. It is not a failed product. This supply disruption is temporary and needs a little patience. The restructuring will give the company a firm base for it's next growth phase. This share is plainly not for you. I have never understood why some folk come on here simply to add knocking copy.

[eezymunny] 13/10/2022 12:29

After 22 years it´s loss-making and cash burning. The share confetti issuance has been simply awful.

You never know, they may create a successful product one day, but all this "new model" talk is surely a red herring IMO. The brands they have simply haven´t done the business and they don´t have any money to promote anything on any scale.

As I said, I could do better flogging fake vodka at the end of the street...

[boffster] 13/10/2022 12:09

So can we take it the impressively expensive TV commercial was a total flop and waste of money?

[petersinthemarket] 13/10/2022 11:39

The strengthening of the BoD and the major changes to a distribution chain that had gone stale will result in volume and profit margin increases. The moves are both logical and sensible. With the building of a new product development centre and a visitor centre, plus the establishment of our own production facilities for existing spirits, it demonstrates the confidence of the BoD in our future. Whisky will soon be yet another major new product to fill a gap in our product portfolio and with our own dedicated Master Blender and product development lab there will be more to come. One glance at the list of major shareholders amply demonstrates that there is still rock solid support for Distil Plc. It can take a long time and many key strategic steps to build a successful company. Distil Plc is not a suitable target company for short term traders, although at todays depressed share price it could be possible to see a medium term trading profit. Those with a longer term vision, who believe in the CEO and the future of the company, as I do, can use these irrational moments of adverse market reaction to advantage by adding some grossly underpriced shares.

[thepopeofchillitown] 13/10/2022 11:19

Unfortunately that is the killer question.

[biggest bill] 13/10/2022 10:54

How many brands have Distil built and sold at a profit?

[haggismchaggis] 13/10/2022 10:08

Eezy,.The core business plan advised by DG a long time ago was to build and sell brands, it was never a plan to make huge sales profits, as revenues would clearly be reinvested in brand building. Your argument on profits is a case of not understanding the company..With the move to own distribution, it's also clear that existing distribution channels had reached their peak or stagnated, so it was decided we could do it better on our own, and make more profit because we are no longer paying a distributor..It will take another 6 months to a year to find out if it was the right decision, and the Whisky distillery is being built in H1 2023, so I'll be keeping hold of my stock.

[kaos3] 13/10/2022 09:13

as a male investor - having all those hopes and expectations - and then reality

I can understand how females feel much better

[eezymunny] 13/10/2022 09:00

After 22 years that I´ve watched this, they have yet to turn any decent profit. <200 ptp the best year?

Close it down and put long suffering shareholders out of their misery, I say. The share count has gone from 14m to 684m this millennium AFAICS. What a total nonsense...

Reckon I could generate more revenue selling home brew on the street corner...

[gipps] 13/10/2022 08:55

Time will tell

[celeritas] 13/10/2022 08:38

We anticipate full year performance for the year ending 31 March 2023 to be in line with current market expectations.