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Could do repeating DIS today across my other AIM stocks.
Hopefully consolidate around this level until more news, for the moment I'll take today !
This is encouraging, but still a long way to go. Agree with the TV advert - the timing was madness.
In last accounts it stated Blackwoods revenues were 86% lower - i assume as the Morrisons channel was stopped. Whilst the product is great it makes me wonder if the visitors centre is a little pointless.
Hopefully a placing isn't required however cash must still be tight and marketing spend is critical in this industry. Other than Red Leg this is a one brand company
Hmm ...
The update has cheered me up. Still has long way to go though.
50% Spread .
Shows 30% up.
0.52/60
atm
1. Dont get why they didnt amalgamate this statement with the one yesterday
2. You have to have your own e-commerce channel and it is very cheap to do so now, but focus should be on amazon and key retailers to provide consistent volume
3. did they actual do any TV ads, were they on GB News etc where no one watches
4. hopefully these are the lows and we can see steady growth and no cash call
5. They could and should have done a much better job at explaining the strategy change and that they foresaw and had planned for its impact
6. It would be nice to understand Grains medium to long term vision as a stakeholder (2-5 years)
Good to see that things are on the up following the re-modelling and ridiculous spend on the TV Ad. No need for an equity raise.
Great to see the direct to consumer website (with 'MERCH') and happy that Ardgowan is progressing.
At this level it has to be a strong buy (IMO) (Are you listening Don & Roland?)
Seems an attempt to pump up the share price prior to an equity raise.
If the losses keep up they are going to run out of money.
Admin 903k, turnover 1.3m. Used to hold these and glad I sold them.
For me, this is a good time to buy. Well it would be but for the greedy 60% spread. Once the spread narrows my finger will be on the buy button. The company is basically going through a major restructuring but I think this will result in a stronger future.
Aimho of course.
Gla.
C.
Due a trading update for Q1 in July and need to see improvement based on new model with some more positive news about Ardgowan. Some comfort in that our convertible loan investment there covers our MCap.
Everything decreased by 50% , turnover , profit , sales. Knew these results would be poor. Need a big turnaround here for the next results
A year of transition - destroying turnover and profitability as they move to lossmaking - pleased I no longer hold here !
Last Friday the end of day quote was 0.35p - 0.4p giving a mid price of 0.375p.
Today the end of day quote was 0.35p - 0.45p giving a mid price of 0.4p.
0.4p is 6.666667% higher than 0.375p.
And that is the reason the share price is shown as up.
Why is this showing as up 6% when it infact down 6%. Come on lse, get with the program...
Still waiting to see if any turnaround here. Potential for this to rise back up or is it going to be a further waiting game
Re-reading the last update gives the promise of improvement and makes this an opportunity to top-up but if it turns out Don has been lying then I'll hunt him down.
"Despite this, the outlook for the coming financial year is positive. Q4 delivered the strongest revenues of the financial year, indicating that we are successfully rebuilding following the business remodel in the first half of the year. It has been a transitional year for the business - there was a bigger job to be done than anticipated due to larger volumes of stock available in the trade than reported, however we are now through the issues that this has caused in previous quarters, and trading well with direct customers. We are confident that we will continue to build on this success and begin to see the benefits of the remodel from Q1 FY23/24."
I would love to be surprised too.
Yep in April they said results would be released in June. 4 trading days left.
IMHO the lack of news doesn't bode well , however, happy to be proved wrong
I am sure if they had some good news they would be releasing iot now.
yup, we know the results for last year were bad due to the change of distributor and supply ****-up.. just hope don can cast a ray of sunshine on progress since then.. we could do with some detail and a bit of positivity on the new export markets and the ardgowan development.
Final results should be out in a couple of weeks. They need to give some signs of improvement. I am hoping they are beginning to see the light at the end of the tunnel and hope it is not another trtain..
Have you seen the new adverts for Chase gin and vodka on the TV? Seems to have come from nowhere. A british gin and vodka distilled in Hertfordshire. What a lovely idea.
Behind it is the biggest drinks company in the UK Diageo.
This sits directly in DIS's gin and vodka space and probably has a marketing budget 100 times ours plus direct access to every distributor - retailers and pubs/bars etc.
Almost impossible for DIS to compete
Very slowly I think this will be turned around and begin to recover. Ardgowan is the reason and it is finally going to start
this summer. Been a tough three years but we have some quite sticky fingers in this.