Distil Share Discussion Threads

[chenghua] 04/7/2023 15:31

petersinthemarket - you're a tool, you really are.

How many years have you been posting on this company?

You have been consistently wrong and here you are, a decade on....

23 years and they've never exited on a brand or built much inherent value around any one of them.

And a Chairman who never buys stock.

And another director who could buy the company in an instant if he wanted.

When the distillery is completed my guess is that it will get taken private for peanuts.

[thepopeofchillitown] 04/7/2023 15:21

I'll wait until the trading update tomorrow!

[chenghua] 04/7/2023 07:43

Will be taken private imo as soon as that Grain whim / toy is completed imo.

[chenghua] 04/7/2023 07:41

Absolutely.

Management have failed.....writing has been on the wall for some time.

This has been listed for around 23 years and has never achieved anything in respect of its brands.

Just a handful of deluded posters remain.

[scepticalinvestor] 04/7/2023 07:38

Another huge placing coming no doubt

[scepticalinvestor] 04/7/2023 07:35

What did i say - bargepole

[petersinthemarket] 03/7/2023 09:22

At this rate we are going to run into the Q1/TU which for the last 2yrs has been on 11/12July.

[gipps] 30/6/2023 07:34

Results today ?

[petersinthemarket] 29/6/2023 10:41

For around the last 10yrs Don Goulding has personally owned 10 million shares in Distil Plc.

DG/DIS has ''successfully created'' the RedLeg brand.

DG has total emoluments in the region of £200k, which is very modest compared to peer group. Other directors receive very significantly less. Nowhere near enough to support a ''lifestyle''.

DIS has cash in the bank and no debt.

We are now inextricably linked to Ardgowan. We put in several £millions of DIS money. We share one important Director, who also owns the Distillery. One of our non execs is also the Distillery Chairman. We have moved much of our spirits production to Scotland. We are about to see a scotch added to our product range. We have a brave new distribution policy. After enormous company change during the last few years it will be very interesting to see how this complex new structure plays out.

I am as frustrated as any holder, but optimistic that better times are ahead. Best of luck. pete

[tommyjnewton] 28/6/2023 08:45

In Dec 21, just 17 months ago, Ronald Grain increased his stake by exercising 21.7 million warrants at 2p. I must confess that this created some confidence and hope in my mind.
Communication from this company currently very poor indeed. hxxps://www.morningstar.co.uk/uk/news/AN_1640093587083279400/director-dealings-grain-raises-stake-in-distil-to-23-after-exercise.aspx

[chenghua] 27/6/2023 20:12

Agreed.

The archetypal 'lifestyle' company for the directors.

Will in all likelihood go private when the distillery is completed imo.

ttbomk Don Goulding has never purchased a share.

After 20 years, DIS (formally BES, formally BBV) never once successfully created and sold a brand....but have made a number of errors along the way.

Poor.

[blueball] 27/6/2023 17:31

Worthless stock.

[petersinthemarket] 27/6/2023 17:22

We more or less know what to expect in the finals, but for the last 2yrs we have had Q1/TU's on 11/12 July, so more up to date news due very soon. pete

[gipps] 27/6/2023 16:12

Maybe they are waiting for last orders to be called on Friday.

[thepopeofchillitown] 27/6/2023 15:47

Are they not bothering with results this year?

[thepopeofchillitown] 14/6/2023 12:50

Interesting to see how much cash is left.

[petersinthemarket] 10/6/2023 08:54

If anyone is interested to see how the Ardgowan distillery, with which Distil is attached, is progressing, there is a very good write up (2may2023) in the Greenock Telegraph with a video of Roland Grain giving his view. In this piece at least, we can see what one of our directors is doing with his time.

[petersinthemarket] 10/6/2023 08:53

I understand your point of view Sceptical... but last time I looked Dis had no debts and a lot of cash in the bank.

[petersinthemarket] 08/6/2023 10:07

Finals should be published next week.
We may get some facts on last years botched distributorship changes.
Basic RedLeg supplies at my local Tesco Extra are still patchy.
I have taken to getting my RedLeg from Amazon.
There is always plenty of Pineapple on the shelf, but it doesn't seem popular here.
It would be great to see some good news, but I'm not holding my breath.
We need to know how the move to Scotland is going and something about new products.
I suppose we have to get all the bad stuff out of the way first.
Hopefully, it will then be time to move on - at last.
pete

[scepticalinvestor] 31/5/2023 15:14

Because its a highly indebted bargepole?

[blueball] 31/5/2023 15:14

Come back in June ans see how they are doing.

[gipps] 31/5/2023 15:12

Why the drop today ?????????????????????????

[purplepelmets] 20/4/2023 22:47

long time watcher of this share. At present mkt cap I just don't understand why DGE or any other big drinks co hasn't snapped up Distil for Redleg original. It is a reasonably successful brand just look at Amazon has 5,000 plus reviews and a decent rating. Plus no debt.
What are our fixed assets?