Distil Share Discussion Threads

[petersinthemarket] 12/1/2023 17:02

Ask him!

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[tommyjnewton] 12/1/2023 13:13

So what does Ronald Grain think about the trading update?
hxxps://www.morningstar.co.uk/uk/news/AN_1640093587083279400/director-dealings-grain-raises-stake-in-distil-to-23-after-exercise.aspx

[kemche] 12/1/2023 12:27

kemche13 Jul '22 - 08:44 - 10221 of 10318 Edit
0 1 0
Dreadful. Simply that. Nothing else.


And still that.

[chenghua] 12/1/2023 11:50

20 years Haggis. 20 Years.

I fully expect this to be taken private at some point, but not before shareholders have been asked to pony up and back a Distillery build in Scotland.

A vanity project?

AIMO

[chenghua] 12/1/2023 11:42

You said it EezyMunny.

[chenghua] 12/1/2023 11:41

This company has consistently underdelivered for shareholders and imo the CEO should now seriously consider his position.

After being at the helm for what, 10 years (?) does he actually own any stock in the company? I don't think he owns a worthwhile percentage interest.

He managed the business prudently for a period when Gin and Rum were particularly strong and managed to deliver a small profit...and tbf he avoided tapping shareholders for any more money.....but the organic growth has been sporadic and even after 20 years of being a listed company that claims to create and develop innovative brands, it has never, ever, managed to sell one.

Shareholders deserve better.

The Distillery deal always looked problematic to me and I think it will take forever (if ever) for shareholders to ever see any value from that. In the meantime, the spike in interest in Gin has come gone and gone and very soon the positive wave seen in the Rum sector will likewise have gone too....leaving two brands that will require increased promotional spend to hold any kind minor foothold they may have once had.

Note the dwindling cash and the warning that Blackwoods and will require increased support due to the loss of a middle tier retailer (I'm guessing that's an outfit like Majestic or similar?)

Jagos and Diva - both rebranded and package redesigned over the years.....neither have done anything but both have incurred their share of the 'non-recurring' cost rubbish.

Blackwoods too. Only to lose outlets.

And finally the bizarre brand known as Trove. More non-recurring cost BS around that beauty too. And what has it done.

Why change distributor at the end of H1 and leave yourself open potential teething problems as you enter the all important Christmas period.

All in all, very poor.

[eezymunny] 12/1/2023 11:25

Same old same old. The dreamers here getting an oh-so predictable kicking. 20 years of miserable pèrformance and still there are rampy idiots posting.

[celeritas] 12/1/2023 11:08

This company is on the brink, cash levels are falling fast... I can't see any of that changing because it doesn't look like management have a grip of the new model yet... Looks like money will need to be raised in the not to distant, I guess that'll be the real crunch point...

[diku] 12/1/2023 10:19

All drunk?...hangover..

[haggismchaggis] 12/1/2023 09:50

£3.76m MCap is that of a shell company not an actively operating successful business. Value always outs in the long run.

[haggismchaggis] 12/1/2023 09:11

The price will soon be back to where it was before the open, as the MCap was already based on a fire sale basis, so the drop just made it even more stupidly undervalued. Mid year above 1p, long term like me and it'll be back to the 4p plus mark..No worries!!

[scepticalinvestor] 12/1/2023 08:49

Didnt i warn all of you plebs buying this junk?

[thepopeofchillitown] 12/1/2023 08:43

I genuinely fear for some holders here. Last month we were told the January update was going to be 'a wake up call for the markets' with more shares being bought. Now we've had that update it's the April one that we need to wait for. Lie to yourself by all means but be honest with other posters please. Kicking the can down the road is not an investment strategy. I'll keep an eye on this one but won't be touching it at present.

[waterloo01] 12/1/2023 08:23

The new distributor has been in place since 1st Oct. That was supposed to be the sea change. The Xmas period should be one of the strongest.

As for the Distillery......it won't have any whiskey for sale until about 2030!

[janekane] 12/1/2023 08:02

What an absolute shame for all you loyal investors who believed this would be a great addition to their portfolio
Ime very sad for all of you as I once was a big holder here a few years ago and got out with a loss
Good luck to all of you

[gipps] 12/1/2023 07:43

Well that is a disapointing read thought they would do better cutting out the middle man distributor which doesn't seem to have worked out and continuing to plough money into a gin distillery which some people would say is yesterday's trend.

[kaos3] 12/1/2023 07:38

cash of this infant Co is in the bricks of the distillery .... hard to get it liquid back again....

I am hoping to participate in buying brand for pennies at the end together with Roland ... superb move by him

[daz1712] 12/1/2023 07:35

Looks like the cash could run out? Best plans seems not so good now!!

[waterloo01] 12/1/2023 07:22

Come back in April and see how they are doing. Poor to say the least.

[kaos3] 12/1/2023 07:21

Roland - not so smart .... consequences of his strategy

[skinny] 12/1/2023 07:02

.

That's me done.