The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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.
It certainly crossed my mind.
The trouble is, no one else is remotely interested at the moment.
I quite like the model, but it’s going to be at least a years ride before they get into profit (if they do)
Was wondering how much they could make on a deal like the airline booze stock.
Buy for 2 million quids worth for £250k , then sell it for what
I’m assuming when all is said and done, that there is a pretty good margin remaining.
Think Martin been topping up again today ? Maybe
I think they are overloaded and have got themselves into a pickle.
A few adverts out there looking urgently for warehouse staff.
Hopefully all sorts itself out sooner rather than later.
New warehouse is the key here. They must be at capacity as I’ve stopped getting daily emails. The airline stuff is almost sold out, looking at lines that where there most have gone.
I placed an order 9 days ago. I has just been delivered. No problem with the quality of the goods but delivery was longer than I was led to believe. Obviously delivery needs improving otherwise they will miss out on repeat customers.
A few moans on Facebook and Trustpilot with reference to delayed delivery’s.
The response from DD is that they are overwhelmed with orders and have a backlog which they are trying to address.
It seems the sooner they get their new warehouse, the better .
If they can’t , then they risk damaging their reputation and ratings.
Great to see they are busy and that Higginson has invested some more pocket money into the business.
Doesn’t seem that there is too much punter interest in this share atm , however, I do think sales are snowballing and there is a bright future ahead.
Will probably eventually sell the business to the likes of Poundland
Looks like DD have moved into some new categories at what appears to be market beating prices.
I think they are flogging a dead horse with the Vodiac and Let’s Explore side of things.
Understandably , they are spending money on acquiring customers for DD, so despite increased sales, they are not currently making anything from it.
Only time will tell if this business model works.
I wish they wouldn’t pretend to have made profit from the sale of Immotion.
Don't forget,interview today at 5:30 on investor meet with the boss,put your questions
Where does that come from?
Good to see the new acquisition doing so well.
Results on Monday should ge decent.
Over 1,000 orders since the Bank Holiday Weekend!
We've been experiencing huge demand recently, and we want to thank our incredible community for your support as always!
We have some huge & exciting plans for the future, some big drops and other exciting projects in the works, that we cannot wait to share with you all!>
Our amazing team here at HQ is working around the clock to make sure you get your surplus food stashes on time, so thank you all for your added patience whilst we are mega busy
Announced on TLSE. 5.30pm next Monday.
You need to register.
Thanks
Where did you find that info ?
Investor meet presentation next week. Put questions to the boss if you want.
Next Monday.
Since the acquisition, Discount Dragon has delivered solid growth, both in terms of revenue and customer numbers, which has continued into the new financial year. The Company will provide a Q1 2024 trading update within the results announcement.
In case anyone wants to see Discount Dragon on shop tv from last week. They're on again this week. Didn't realise it lasts nearly 3 hours a time just on discount dragon.
https://www.youtube.com/watch?v=BvFZpe67rKA
One of a few similar posts by DD on Facebook
Good afternoon, your order will be shipping shortly and the tracking link will be emailed to you as soon as it’s live.
Due to a massive surge in orders it’s taking a little longer to process orders. Won't be long to wait!
Looks like they were on tv again last night. must be a weekly thing
As I confidently pointed out was going to happen a few days ago.
There is still a ready buyer out there , so I’ll confidently state that it will continue to rise .
Do some more research on the amount of food that goes to landfill. Watch the presentation from Martin explaining this and the margins that are available.
Time will tell if the business model works but a better team to execute it I doubt you’ll find. Plus tons of skin in the game.