Distil Share Discussion Threads

[berny3] 07/7/2023 08:29

I don't think it is possible to arrive at a valuation as there are too many variables. Looking at the current state of affairs last year was disappointing to say the least. There has to have been a sudden fall out with Sazerac (Hi-Spirits) which lead to them parting ways suddenly. Raking over those ashes I do not think is productive. Lessons would have been learned. Looking at current results we are at a little over 50% of turnover prior to split with High-Spirits. We don't have enough information to understand but cash would have been extremely tight over the last year and investing in marketing etc would have been difficult. So a 50% of t/o is OK. It is what happens over the following year. And yes we have been here before, but going over old ground is pointless, you have a choice get up and go if you don't like it! On a positive there should be a better equipped executive function of the company now with new appointments. Margins should be better if distribution is in house.

There are questions over why so much was put into a TV advert and distribution was not geared up and prepared ahead. we don't know the reasons there, but again dragging over the past is pointless. Redleg was established under the stewardship of the current CEO (DG) a fantastic job was done on getting that from grass roots marketing up to a respectable brand. It looks like some of that influence has gone back into the brand again this year and with a more effective and diverse executive function in the company a strategic plan should be in place and we will have to wait and see how that progresses.

I don't understand the whiskey distillery and I don't see that as a compatible function with the current brands. I do think the Gin and Vodka is very strong and has good potential as a cash cow along with the rum. If marketing and distribution can be run well. But all in all we need to look ahead rather than rake over the old.

[boffster] 06/7/2023 22:55

£25m?, I'll believe it when I see it!
Only a couple more 100% days and I'll be in profit too.........

[petersinthemarket] 06/7/2023 17:45

Well done Haggis.
Your move was proved to be the right one.
As for the naysayers, I hope they joined in yesterday.
A 100% profit in 24hrs might sweeten them.
pete

[thepopeofchillitown] 06/7/2023 15:50

That would make your average circa 0.575p? Impressive.

[haggismchaggis] 06/7/2023 15:16

Peter, well I am now showing a profit again, only 22.5%, but that's the benefit of averaging down when I did. A fair market cap for DIS is a lot higher than the current £4.96m, lets see something like £25m and then see where we go from there.

[petersinthemarket] 06/7/2023 09:22

>Pope....... As for turnover, your guess is as good as anyone's at this stage, but simply multiplying Q1 by 4 implies at least 1.5 million pa and the xmas/new year quarter traditionally yields the greatest revenue. As I mentioned to the naysayers earlier this week, there are many new intiatives on the go this year and I believe the full year results should put us well back on course. We've taken the pain, now for the gain. pete

[haggismchaggis] 06/7/2023 09:12

peter, absolutely! I did a huge average down not long ago and it's looking good for anyone that took the opportunity to do that, and for some with much higher averages that opportunity is still there, but reduces it's effect as the price rises, so if anyone misses that opportunity don't blame me, I just pointed it out.

[thepopeofchillitown] 06/7/2023 09:02

That said, as Pete mentioned yesterday, if you buy now and get your timing right you'll probably make a nice profit. Personally I think the selling the brand ship has sailed.

[petersinthemarket] 06/7/2023 09:00

It's a very good start Haggis. Still a long share price climb ahead of us, but it looks encouraging and as predicted anyone buying yesterday is already in profit. pete

[thepopeofchillitown] 06/7/2023 08:44

So what would you expect full year revenues to be? 2 million with a bumper Xmas? Big improvement on last year but still below 2022. Still a wait and see here because I'm not convinced this will achieve the sales of a few years ago.

[haggismchaggis] 06/7/2023 08:24

peter,

And there we go, the news that we were waiting for, that DIS has finally recovered from the change in distribution and is now on the way back up. I suspect the next trading update will provide the numbers. Currently still priced to fail, but that is not on the cards, not by a long way.

[petersinthemarket] 05/7/2023 14:22

Ha, Ha, all the old unbelievers have suddenly popped out of the woodwork again!
They made a few bob by trading it in the past but they prefer to gloat over bad news.
As things begin improving over the next few months I guess they'll disappear again.
Many thanks for your well reasoned arguments guys.

[janekane] 05/7/2023 13:40

How to lose on a share with 0.375p a pop price

Simples

It drops to 0.0375 a pop

[blueball] 04/7/2023 18:53

Worthless stock.

[daz1712] 04/7/2023 18:35

Full of BS PITM

[petersinthemarket] 04/7/2023 18:23

Your views are as good as anyones and I haven't taken any offence but, if you don't believe in this company's future, why are you still here? As a long term holder, I have to admit that the last year has been disappointing, but we know the reasons for that and the proposed changes look sensible. FWIW, I have been in frequent contact with DG over the years. He knows exactly how I feel about progress and the lack of it. And he is just as frustrated that it has been such an uphill struggle. It's an extremely difficult sector for small fry, especially when competing with the likes of Diageo (where he came from) and Captain Morgan (which isn't even a legal rum). As for the future, there are so many good things lined up ahead for this financial year that I feel it must be worth hanging around to see how it plays out. There have been many ebbs and flows in the share price over the years and I have been in and out of profit several times. For those who don't have faith in the long term, there is always the option of a short/medium term punt. How could anyone possibly lose at 0.375p per share? Over the years, there have been many opportunities to trade this stock with worthwhile gains for the patient. Up to you guys. No-one is asking you to hang around. Regards, pete

[chenghua] 04/7/2023 17:16

If you don't see the companies mkt cap of just c.2.5M after 23 years of being a listed company - where the spoken aim of building valuable brands - as anything other than outright failure, then that is your issue.

[chenghua] 04/7/2023 17:12

peter.....understand that my frustration is not just with you, but FOR you.

As a shareholder you should be a lot more critical of the management here than you appear to be.

They have underdelivered and done an extremely poor job for investors.

And all the while they (Grain - a relative newcomer, excepted) have taken salaries and failed to personally invest in the company they are supposed to be building.

[gipps] 04/7/2023 16:22

Chengha i agree and am tempted at these low levels to average down a bit as i am currently under water with these but think it will go private but at what price.