Firering Strategic Minerals: From explorer to producer. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Are we allowing pure cremation steel our thunder. TV advertising, Funeral booking request forms posted to our properties. Hard sell no less.
Is this company connected to Dignity. ?
There is no connection with “Pure Cremation” dignity is a traditional style funeral service provider.
In that it has a retail presence throughout the U.K.
They manage the service they provide and excuse the pun. “Undertake” all the services themselves.
Pure cremation is a disrupter. This is a collection of the deceased and taken to the crematorium. That’s it. Tbf this service has become more popular in the past few years and is certainly eating into the market share of the Dignity and the Co-op alike (the big two). There are a number of similar style service providers for disposal only.
Volume is everything as margin is very low. As such Pure Cremation have no retail presence and everything is pretty much carried out from a single service centre which keep the expenditure as low as possible. Man with a van you could say!
Dignity does have an entry level business trading as “simplicity” look it up.
Hope this helps.
FYI they own a load of the properties they trade from, add in a bunch of crematoriums and cemeteries and their market cap is below the book value. This should really be separated and parts sold. I’d be so bold to state the crematorium division is worth 500 million alone. I come to this number as a competitor recently sold 11 crematorium for over 110 million. Dignity have way more than that.
Thank you for that. I was heavy in Dignity when £26 ish .
When the directors made a statement after removing much of their stock ? .
It fell like a brick costing us a great deal.
It seems to me this method of disposal is going to do the same unless we don’t keep abreast of it .
I thought we did similar but better ?. I’m going underground, very expensive.
No one taken up the challenge of doing similar at the graveside, only private arrangements.
re crematoriums GC mentioned bringing in a external party to recapitalise the Crematoria Biz or even a spin-off (estimated 1bn GBP!?) Either scenario provide shareholder value. This is 1 of 4 strategies outlined at the last AGM. Nothing is guaranteed and the uncertainty is weighing on the SP methinks. Holding for now.....
so ...who controls the UK funeral industry? Used to be Co-Op were the biggest Rolls Royce owners because of all the funeral services but now?? is it all horse and cart, or Uber?