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Purple, new vodkas seem perfect for the summer - I hope they can get in supermarkets.
Always surprised how the company adjusts its portfolio. Good financials including balance sheet with zero debt.
IMHO DIS has benefitted from increased supermarket sales due to pubs being shut. The pub industry is very competitive and lots of the larger players offer chains discounts, something DIS can compete with.
I'm not sure the pubs re-opening will have much impact, potentially it could be negative if supermarket sales decline as a result.
Summer months around the corner and pubs etc opening up....I think this share will do well given its financials. Just added to my position.
https://citywire.co.uk/investment-trust-insider/news/uncorked-nick-trains-big-bet-on-a-booze-fuelled-recovery/a1481440
A really interesting article which you all may find interesting, doesnt cover distil directly as a microcap but more an economic assessment of booze as an investment opportunity.
For those of you who are not aware of nick train, a bit of a track record in investment management
Red leg rum at number 8 in the spirits best sellers and number 1 on the rum best sellers. It is only 15 quid, but they must be shifting some units. Hopefully the new botanical vodka line will be out soon. If it becomes as successful as the Red leg brand this company will be really going places.
https://www.amazon.co.uk/Best-Sellers-Grocery-Beer-Wine-Spirits/zgbs/grocery/358583031/ref=zg_bs_nav_grocery_1_grocery
All the not money is in tech, pharma and crypto - many / most without an established business model.
My only fmcg stock, deeply impressed with the way it is run and manages its portfolio of brands - and as you say cash in the bank, no stupid debt and with some launches which look great for spring / summer drinking.
Can’t believe how limited the awareness of this company is with some days posting single figure numbers of trades!
No debt, cashed up, profitable, new brands coming online! I’ve been buying into this in recent weeks and hoping for great things!
If you want to stop short selling, write to Boris and tell him to ban it. If enough people do it then we might have some effect.
You can email using the form on the page, or use the postal address (select it in the drop down list and click GO).
https://email.number10.gov.uk/
I am writing with the below (plus some more, but it doesn't all fit in one post!) Feel free to copy and paste to other boards.
(I do hold DIS)
----------------------
Dear Prime Minister,
If you want to rebuild the UK to:
1) Greatly increase our GDP
2) Foster and encourage entrepreneurship
3) Export huge amounts of technology around the World
4) Show the EU that we can be bigger outside of the EU
5) Build an economy where everyone is employed
Then you must ban short selling of UK listed companies. You need to bypass the FCA and the Treasury and make the decision for them, for the good of the Nation.
Many petitions have been raised over the past two decades asking for short selling to be banned, but these never had any effect due to the FCA not understanding the real issue, which is not 'whether the market works' it is 'whether short selling destroys UK listed companies".
Short selling is destroying the value of UK listed companies constantly. In many cases it actually destroys the companies and they go into administration.
I cannot borrow your house (an asset) or car (an asset) and sell it, I would be in court for fraud if I did, therefore I should not be allowed to borrow your stock in a listed company (an asset) and sell that either, as that is equally fraud.
I have held several UK listed stocks that have been shorted, in some cases they were approaching raising funds, to either keep the company running or to move the business up a level. Because they had gone out to Fund Managers to place stock, the Fund Managers then leaked that information and the Hedge Funds plus traders shorted the stock. This helps the Fund Manager taking the placing stock to get that stock as cheap as possible, whilst the Hedge Fund also makes money. The loser is always the small UK Company and all of the investors that have put their hard earned money into it, mostly private investors.
Look at many small cap UK listed companies. Before they could make it to profitable revenues and reward it's shareholders, it has already been destroyed as an investment by multiple shorting events causing huge dilution to shareholders, in most cases the early investors, often private investors, never make it into profit.
Short selling destroys:
1) Listed company value
2) The valuations of early investors holdings, often Private Investors
3) The value of everyone's Pension Funds that hold the stocks being shorted (how many times have we seen a Pension Fund underfunded? many times)
4) The incentive for Private Investors to invest in UK listed companies
5) The attraction of foreign investment into UK listed companies
6) Entire companies, forcing them into administrat
The increased retail sales will hopefully drive, not just a recovery, but a boost to hospitality and travel retail sales. I hope they don't sell brands off but instead build them. With domestic sales growing 60% and exports 200% it does not seem like they are demand constrained.
2021 should bring lots more sales: weddings, parties, celebrations, nights out, travel, hotels, etc. I hope they are well placed to capitalise.
Apologies for the double post. The first one went awol so reposted!
- really surprised at the Blackwood gin growth, has disappeared from the Sainsbury's stores round our way about 9 months back.
- I think it is targeted well above Gordon's / bombay but below the more premium brands. I do prefer the old stubby bottle than the current packaging, but purely my view which is probably completely wrong. It does have a great taste and does taste more expensive, my go to at this price band is Brecon (primarily to support Welsh business based on my heritage as well as taste).
- Sion Edward from Warner Edwards has a great reputation. These look a fantastic addition to the range and in time to hopefully enjoy the summer.
- Great portfolio now covering gin / vodka / rum. Hope the lunacy of credit does not halt export markets.
- Looking forward to the full update and hopefully more granular detail, which is usually not provided.
Shandy.
On blackwoods, a great tasting gin which tastes like it should cost more (at this level, and with my Welsh heritage, Brecon is my choice at this level).
Top end is really crowded and the blackwoods bottle and packaging really doesn't stand out against some very well presented competitors - I actually prefer the old stubby bottle. I think they are targeting well as a slightly more expensive (2-3 quid) than Gordon's and bombay.
Blackwood has disappeared from local Sainsbury's (East berkshire) for sometime now, the growth was therefore a surprise but deeply impressive.
The rum / gin and now vodka product line gives a good wide portfolio in a market where trends come and go. Looking forward to the full update.
good results - it looks like the focus on revenue via supermarkets is benefitting DIS. Nice to see Blackwoods doing better - a great product but brand positioning was unclear, i always thought it was a premium gin and should be marketed as such.
Hopefully new Vodka does well - not sure how it can have already won awards though!!
Yes, a good set of numbers.....growth and profitability. I don't know about you guys, but i'm pleased to be in now and surprised this hasn't gotten more attention...
GLA
+200% export sales. Very promising
Good numbers
- Suprised on the growth of Blackwood which did appear to have faded from some supermarkets in recent quarters. Can only assume this was a promotion with one supermarket or amazon?
- Always amazed that the company continually develops their portfolio. I only hope that all the s### can be substantially behind us late spring.
Hopefully some price traction this morning.
Numbers still on the up and a new product, sounds like the perfect summer drink.
Drink and be merry!! Happy new year!! RUM preferably!
Hopefully a strong festive period on sales guys...
Gla!
Exec swap makes sense.. very happy with it.
RedLeg and Blackwoods flying off the shelves locally.
On all websites their products have the highest reviews - says it all!
Haggis,
It is not rocket science but completely open to interpretation especially as it is the value to someone else. Not sure this would be taken seriously to have any impact on the share price.
Agreed what I think the company is worth is totally and completely irrelevant, it's the value the market puts on the company based on the share price.
As the company hasn't actually sold a brand it's pretty much an academic exercise anyway.
DIS promoting Blackwood's for XMas "Now just £16 at @morrisons for a limited time"
The valuation would be based on the sale of each brand, not what it's worth to DIS to keep it. The analyst would compare the sales and growth of each brand to brands that have been sold in recent times, just as DG did in his videos, it's not rocket science, and what you think the company is worth has nothing to do with it, the core company policy is to build and sell brands, therefore the valuation should be on the sum value of the bands if sold.