Distil Share Discussion Threads

[bprofit] 28/10/2016 14:21

All told sales are up 25%, losses are down 25%. The have grown volumes, employee count and number of retailers selling products.They look on course for break even in the next 6 months.. For me today's dip is an opportunity to buy for anyone who takes a longer term view.

[haggismchaggis] 28/10/2016 11:49

Mortimer, you're forgetting that the previous six months sales covered the important Christmas period. If DIS are selling that much in the part of the year where lower sales are expected, then they are obviously doing a lot better, and it should be a very good result once the Christmas sales are added.

[boffster] 28/10/2016 11:35

Outwardly a bit disappointing, but we do know that the first quarter revenue was only 5% up on the prior year, so the second quarter was significantly better

[waterloo01] 28/10/2016 10:33

Agree next quarter is key. They need to get into profit. Doable IMO

[petersinthemarket] 28/10/2016 10:24

Disappointing - I expected half year break even and full year profit.

[mortimer7] 28/10/2016 10:13

Have to admit feeling underwhelmed by todays financials. Probably due to my expectancy levels being raised as a result of the new listings with supermarkets etc & steady share price rise over recent months.
GP for previous 6 months to 31/3/16 was 374k. Today only up to 376k. And loss was 8k to 31/3/16, todays is 66k.

I'll continue to hold for now having held for about 3 years, but the next 6 months results are critical for me. They have the festive period & the full benefit of the aforementioned listings for the entire period so it's time for a step change in terms revenue & GP. Time to deliver.

[haggismchaggis] 28/10/2016 08:23

Break even looks so close now, with just a £66k loss. Based on last year's H2 performance, combined with the significant number of additional outlets stocking the products, that break even could happen this year.The cash level makes this a safe bet too.

[berny3] 28/10/2016 08:07

On case sales compared to mkt cap sales is at about 5 times. very low. Good to see 25% growth rate in sales.

1hy costs would include prep for Christmas trade. Still online for b/e this year imo.

[berny3] 28/10/2016 08:07

On case sales compared to mkt cap sales is at about 5 times. very low. Good to see 25% growth rate in sales.

1hy costs would include prep for Christmas trade. Still online for b/e this year imo.

[bprofit] 28/10/2016 08:02

On the right track, look well placed to benefit from Brexit, weak sterling will be good for exports.

[waterloo01] 28/10/2016 07:34

A little slower than hoped but going in the right direction. 4th Q will be important

[glennborthwick] 28/10/2016 07:32

Yep steady as she goes.

[someuwin] 28/10/2016 07:26

Results out.: Nothing special.

[mr angry] 25/10/2016 13:19

Good spot - surprised they didn't announce the red leg final approval

[dietcoke197] 25/10/2016 10:50

Berny,

have you heard any noise from over the water about red leg yet?

BTW, I reckon they need 25% sales rise to breakeven for the full year. This will probably need a bigger promo effort because of strong comparables with last year.

This is perfectly achievable though.

[dante17] 19/10/2016 14:45

Blavod is made in Germany, Blackwoods in the U.K. And RedLeg partly in the Caribbean partly the U.K.

[someuwin] 19/10/2016 14:14

Up again today.

[waterloo01] 18/10/2016 19:58

Where is most of the production done?

[berny3] 18/10/2016 19:46

we know that revenues for the first three months increased by 5% yoy. Therefore one would expect minimum 5% growth in revenue. You have to add to this the variable whether 1st 3 months last year were higher than the second 3 months due to Sainsbury being stocked in first 3 months. If the stocking of Sainsbury skewed results for last half year to the first 3 months there should be a higher growth in revenue in the second 3 months. Therefore we are working somewhere I reckon between 5-10% growth in revenue at this stage. Next you have to add in listing of Redleg in Waitrose, then you need to add listing of Blackwoods Gin in Morrisons and Redleg in Morrisons. This could be circa 1,000 new listings i.e a combination of Morrisons supermarkets *2 plus Waitrose supermarkets.

I anticipate a profit for the full year to March 2017 (last year second half results were -£8K profit). My hopes for 1st half of the year is breakeven. I have a niggle that the company may be in profit, but I have been over optimistic in the past.

[waterloo01] 18/10/2016 15:09

Someuwin we seem to be interested in some of the same stocks! Have a small stake (under 1m shares) here at just over 1p. With some sales traction (and not too much discounting for marketing) and with the earnings in $$, this should do OK. Certainly undervalued if anyone want's to own a few extra brands, although note that Gin is an increasingly competitive market, but Rum has potential, esp in US. As long as sales grow in a reasonable multiple, at under £10m market cap, it does look cheap for a take out, one day.

[bprofit] 18/10/2016 14:48

I'm new here, really like the story, I take the long term view and this really looks to have a lot of potential.

[someuwin] 18/10/2016 14:47

It doesn't take much to move it.

[boffster] 18/10/2016 14:46

Moving up nicely this afternoon.

Is our nice, transparent, level playing field market, working wonders again?