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DIS Distil Plc

0.09
0.00 (0.00%)
27 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Distil Plc LSE:DIS London Ordinary Share GB0030164023 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.09 99,081 07:33:14
Bid Price Offer Price High Price Low Price Open Price
0.08 0.10 0.09 0.09 0.09
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Distilled And Blended Liquor 1.52M -1.17M -0.0012 -0.75 896.06k
Last Trade Time Trade Type Trade Size Trade Price Currency
15:58:46 O 99,081 0.0969 GBX

Distil (DIS) Latest News

Distil (DIS) Discussions and Chat

Distil Forums and Chat

Date Time Title Posts
26/1/202512:41Distil PLC - Here's to a spirited future!10,810
23/9/202407:31******** DISTIL - That'll be a DOUBLE ! *********365
25/10/201812:12DISCLOSURE.........39
11/10/201807:37value1
14/1/200209:49Biodegradable Plastic-

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Distil (DIS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2025-01-27 15:58:470.1099,08196.01O

Distil (DIS) Top Chat Posts

Top Posts
Posted at 27/1/2025 08:20 by Distil Daily Update
Distil Plc is listed in the Distilled And Blended Liquor sector of the London Stock Exchange with ticker DIS. The last closing price for Distil was 0.09p.
Distil currently has 995,625,245 shares in issue. The market capitalisation of Distil is £896,063.
Distil has a price to earnings ratio (PE ratio) of -0.75.
This morning DIS shares opened at 0.09p
Posted at 17/1/2025 10:39 by petersinthemarket
>Pope - I get your point, but it may be unfair to say that Global has brought us no benefit. Our trading reports never give us enough detail to come to such conclusions.

With a reconstructed main BoD now made up of the same guys who have been running our trading subsidiary, it's probable that they have been disappointed with the efforts of the small Marussia work force and have decided to go all-in with the larger distributor Global in order not to suffer split responsibilities.

I have no particullar axe to grind over RG's contribution and he will still continue to be an important influence due to his huge shareholding in both DIS and Ardgowan, but his departure has made the BoD structure much simpler.

The major takeaway from this week's news is that we now have a BoD and a distributor who have no distractions and are 100% concentrated on pushing the interests of Distil Plc. With total control of distribution neither our BoD or Global can have any scope for excuses this time.

So, let's just hope that this latest throw of the dice comes up with double sixes at last.
pete
Posted at 15/1/2025 18:49 by haggismchaggis
Global Brands to reinvigorate DIS?
.
As I posted last night: "I had DIS in as a recovery stock years ago. It did recover and was looking to go further, but the failed distribution change wrecked that recovery. Now we are starting over again at recovery. Will it be 2025 and all thanks to Ardgowan? Could be!"
.
Now with the move to Global Brands, ditching the failed Marussia distribution, I feel DIS will now recover, because Global Brands will drive the distribution into supermarkets and the on trade.
.
"The partnership has now been further extended, with Global Brands having been appointed to service the UK on-trade, giving Global Brands full distribution rights in the UK, effective from 15 February 2025."
.
"Utilising its extensive sales network, and proprietary logistics and warehouse capabilities, the extension of this partnership offers the opportunity to work closely with a longstanding partner to accelerate brand growth."
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"Distil's relationship with Marussia Beverages, which has serviced UK on-trade and premium off-trade customers since September 2022, will cease in light of this new partnership."
.
Harping on about sales via Marussia achieves nothing, focus on what sales via Global Brands can achieve, which obviously is far far more.
Posted at 03/1/2025 12:34 by kaos3
if i would be mr Grain and wanted to get rich fast forward.

- i would remove my self from the board as 1st step. legal distance. after that i would made a web of operational contracts in such a way that in a possible administration i would control the flow of the assets. then i would wait. if dis turnes ok - great.

if it goes bust due to my actions regardind putting so much dearly needed capital into bricks - a minority non influential stake at low interest rate for a decade and disassembling the previous distribution turning inot a disaster and giving out money for marketing without imediate selling impact etc - i will buy the good assets at a nice discount ... because who else would be much interested paying fair price in low scale/minority assets
Posted at 26/12/2024 13:13 by petersinthemarket
The initial details of the Placing, Subscription and Agreement are on the DIS website distil.uk.com, under ''NEWS'', 20 July 2021. It is a long document, but p8 is relevant:

''Distil’s investment of up to £3 million (with the option to increase this to £5 million) forms part of a total initial investment package of £11.4 million, which will be used by Ardgowan to build the
Ardgowan Distillery and visitor centre. This includes an equity investment of £7.2 million recently
made by Roland Grain, one of Distil’s directors, via Grain GmbH, a company with which he is
associated, and a £1.2 million equity investment from existing Ardgowan shareholders.

The Loan has the following terms: Initial Principal amount : £3,000,000, to be loaned immediately on Completion. Secondary Principal amount: £2,000,000, the subject of the Loan Option, to be exercised by 31 December 2022, at Distil’s option. Interest rate : 5% per annum, paid quarterly in arrears. Duration : 10 years. Conversion Terms: At any time during the term of the Loan at a valuation of £30 million, which, assuming the loan outstanding is £5 million, equates to approximately 14.28% of Ardgowan’s fully diluted issued share capital. Security: With effect from Ardgowan issuing the first capital call and during the term of the Loan until the earlier of (i) repayment of the Loan in full, or (ii) conversion of the Loan into Ardgowan equity Ardgowan shall procure that a sum, such being the lower of (a) £250,000 and (b) an amount equal to the total interest payable on the Loan by Ardgowan during the then current ‘year’ (being each period of 12 months from the date of signature of the loan agreement) of the Loan term, is deposited and maintained in a GBP denominated bank account in the Company’s name.

Ardgowan will pledge 10% of its annual production of malt whisky (or other product at the discretion of Distil) to Distil during the term of the Loan. In addition, Ardgowan has granted to Distil a floating charge over 10% of its annual production of malt whisky (or other product at the discretion of Distil) until the above pledge takes effect.

Change of control: Distil can require early repayment or conversion of the Loan if a change of control event occurs.

Under the Loan Agreement, Distil will be allowed to appoint an observer at all Ardgowan board meetings and, once it has a shareholding of over 10 per cent. (which would be the case once the Loan conversion into shares in Ardgowan has occurred) it will be allowed to appoint one Distil director to the Ardgowan board. It is expected that Distil’s Executive Chairman, Don Goulding, will fulfil these roles.''
Posted at 23/12/2024 08:14 by haggismchaggis
I believe Ardgowan will be valued at far more than DIS (currently way undervalued at £1.82m). I also believe that if DIS converted it's loan to 9.1% of Ardgowan shares, that 9.1% would be worth far more than DIS is currently valued at, so converting to Ardgowan stock would multiply the DIS valuation overnight. "significant volumes of malt whisky production" says it all.

"Ardgowan Distillery, where Distil remains the second largest investor with a £3m investment in the form of a Convertible Loan Note, which is convertible into shares representing 9.1% of Ardgowan's fully diluted share capital"
 
"We naturally welcome his move to provide greater support to Ardgowan as they transition from planning and building to significant volumes of malt whisky production."

"This exciting next phase will transform the Ardgowan project, not only benefiting our investment in the Ardgowan business itself but also providing huge benefits and growth opportunities to our Blackwoods brand."

"We look forward to bringing this to life for shareholders in the near future."
Posted at 15/9/2024 13:30 by petersinthemarket
The DIS share price is at a worrying low.
The whole company could be bought for no more than £3m.

We have good products and easy access to a still.
Some sales revenue, cash in the bank and no debt,
A guaranteed annual income from Ardgowan.

Many years ago, in a previous guise, DIS's home was in Scotland.
In collaberation with Ardgowan, much of our company is returning home.

As at 12 August 2024, our main shareholders jointly held 52.05%.
RG 23.6%, Rothschild 15.53%, Dr Cooley 9.94%, HSBA Nominee 5.85%.

If anyone rises beyond 30%, the rules on Declaration get much stiffer.
Holders would need to state their intentions regarding ownership.
51% would give a single holder total Executive control of the Board.

RG is wealthy and Dr Cooley is a director in a venture capital company.
Some competitors must be watching our pain with interest.
DG is once again phoning around to find capital support.

Anyone seriously accumulating is required to make stepwise declarations.
However, we know that accumulation is often hidden for some time.

If there was any serious move on us, I am unsure whether it would come by stealth, such as buying off market, or whether it would come suddenly in a public bid.

Your guess is as good as mine, but I cannot see how this dire situation can drag on forever, with DG still appearing to carry on as normal.
Posted at 11/7/2024 10:54 by petersinthemarket
>>Tommy Newton – Thanks for response. I sometimes wonder if there is anyone out there at all. This thread has gone so quiet that even lurkers and trolls must have deserted us.

Perhaps my note didn't explain my point very well. I don't object per se to either £18 or to £23 as a selling price for RedLeg, although it is obvious that I would personally prefer to buy at the lowest available price, and I do, from Amazon.

I simply didn't see how DIS could realistically expect to sell any RedLeg to any customer at £23 plus £4.95 P&P if they can simply buy it at £18 elsewhere, and without any P&P charge, so I wrote to DIS Mktg to say so. I offered an opinion that DIS pricing policy would more or less guarantee that it draws no customers to our website and sells nothing at all. Whether it was a coincidence or not, I was happy to see that they appear to have taken appropriate action and marked the on-site price down to £18, although there is still the added P&P to pay.

As for the DIS in-house sell-out price, DIS will sell to any dealer at a price which covers our costs and provides the mark-up we require. We agree a transfer price to our two distributors which also gives them a small profit and beyond that, sales prices are out of our control.

Retail price maintenance is illegal in UK and has been for a long time. DIS has absolutely no control over the prices at which dealers sell DIS goods. We can recommend of course, but promotions are paid for by the retailers. If a common low price is found in the marketplace, it's due to competitor behaviour and not DIS advice.

Strangely, it's not difficult to find selling prices far higher than £23, even double that, from a range of small online dealers. I wish them luck with that.

I'm a little out of date with the exact numbers, but I think you will find that after considering manufacturing costs, the huge Gov spirits tax, vat and distributor profitability, the amount we make per bottle is no more than about £3 and bears absolutely no resemblance to the shop prices we see.

What we desperately need is greatly increased volume and, after that year-long mayhem, our two distributors are hopefully going to provide that. I don't believe we have any supply-side volume constraint, I think it's increased demand that is crucial.
pete
Posted at 19/6/2024 10:08 by petersinthemarket
Even at best, DIS share price hasn't exactly scaled the heights since it's birth.
But I would certainly be ready to accept 3p or 4p.
...... This time next year Roddy?
pete
Posted at 20/12/2023 10:27 by petersinthemarket
For good or ill, the fate of DIS is now in the hands of the two new business arms we have chosen, namely our in-house distribution to our key customers and our Marussia distributor for the rest.

It's very hard to get the full picture on Marussia as it is such a huge and sprawling business. The Marussia Beverages Group (MBG} is the beverages and hospitality arm of a highly diversified privately owned Swiss group called Sastre Holding SA. The holding group is owned by the Swedish Paulsen family with HQ in Switzerland. The billionaire Frederick Paulsen was knighted by the Queen in 2021.

MBG is an international producer and distributor of artisanal spirits, wines and Japanese sakes, with 14 fully owned distribution companies in 14 core markets including USA, UK, France, Russia, Ukraine, Georgia, Switzerland, Austria, Germany and the Netherlands. It has 16 production sites around the globe, creating high quality, innovative premium brands. It markets its brands in at least 40 countries, with centralised sales and marketing and over 1200 employees, 28 of whom are in Marussia Beverages UK Ltd, our main contact.

Even a brief look around suggests that we have made an agreement with part of a very large, complex and aggressive group who are still growing strongly through acquisition and agency agreements. MBG started small around 2004, selling vodka in Russia, but in the decade from 2012 to 2022, the urge to grow larger saw the company's revenues surge dramatically from €7m to €294m. In addition to their many own-brands they act as distributor/agent for several companies that everyone has heard of like Remy Cointreau, William Grant and Schlumberger.

MBG either owns, or co-operates, with many distilleries in several different countries in Europe and Asia. Also in Scotland, where it is the owner of Mossburn Distillers, the company behind Torabhaig distillery on Skye, plus two malt and grain distilleries in Jedburgh in the Scottish Borders. They have particularly strong links within their Swiss/German/Austrian business centre. I smell the hand of Roland Grain in this somewhere, but despite an intensive search, I have yet to find any solid link.

In the UK MBG state that their business is about 40% off-trade and 60% on-trade. For DIS they will distribute RedLeg, Trove, Blavod Black Vodka and Blackwoods gin and vodka.

MBG believe they are under-represented in some spirits, including rum, and plan to fix it, either by acquisition, or by setting up their own production facilities in a suitable market area.

The holding group is currently said to be in deep discussion on their future, as they believe their rapid expansion has led the company to an important inflection point in their development, where they may soon have to decide whether to stay fairly agile at their current size, or to continue aggressively acquiring in order to grow much larger. Their options are either hands-on, as now, with centralised management, or a more decentralised organisation of autonomous international branches.

For now, it seems that the plan is to continue with aggressive growth and their USA arm has just acquired Watershed Distillery for an undisclosed sum, giving it its first spirits production site in the USA.

We live in interesting times.
pete
Posted at 07/3/2022 16:47 by petersinthemarket
Thanks for response Haggis - I keep thinking I'm last man in!

I have never bothered to look at the high strength stuff. Always seemed too expensive to me, but I take your point about using less (if I could be trusted).
I drink rum neat, so it's no good for me, but the high strength stuff might work well for those using it as a mixer.

The legal minimum for spirits in EU/UK is 37.5abv, if you want to call it rum, etc., on the label. I note that our main rum competitor, Captain Morgan, is only 35%, but they don't have rum printed on the front label. Their abv reduction may be part of the reason that they can afford to sell the stuff at a fixed price around £15, whereas RedLeg only does that via the Tesco discount price for cardholders. It usually hovers between £20/22 near me.

Must say, the DIS share price is truly shocking now. 1.15/1.30. The II's who bought at 2.00 must be disappointed. Surely this can't be to do with the war. (Sorry, peace keeping excersize). Persistant selling in fairly small quantities for weeks now. I reckon it's boredom. DIS messed things up with the placing for Ardgowan, even though it might come right in the future. We've a long wait (2025?) for a good single malt, although we should see a blend sometime this year.

If the share price keeps performing like this, I might well be the last man in.
Distil share price data is direct from the London Stock Exchange

Distil Frequently Asked Questions (FAQ)

What is the current Distil share price?
The current share price of Distil is 0.09p
How many Distil shares are in issue?
Distil has 995,625,245 shares in issue
What is the market cap of Distil?
The market capitalisation of Distil is GBP 896.06k
What is the 1 year trading range for Distil share price?
Distil has traded in the range of 0.0775p to 0.65p during the past year
What is the PE ratio of Distil?
The price to earnings ratio of Distil is -0.75
What is the cash to sales ratio of Distil?
The cash to sales ratio of Distil is 0.6
What is the reporting currency for Distil?
Distil reports financial results in GBP
What is the latest annual turnover for Distil?
The latest annual turnover of Distil is GBP 1.52M
What is the latest annual profit for Distil?
The latest annual profit of Distil is GBP -1.17M
What is the registered address of Distil?
The registered address for Distil is 201 TEMPLE CHAMBERS, 3-7 TEMPLE AVENUE, LONDON, EC4Y 0DT
What is the Distil website address?
The website address for Distil is www.distil.uk.com
Which industry sector does Distil operate in?
Distil operates in the BEVERAGES sector

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