Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
All that you say is true carnivalpete.
So what next from Distil? They are doing what they can and rolling along just fine but maybe it's time for them to provide their vision for the future (not just Ardgowan but how they plan/hope to reward shareholders). I like the company and I like the products but ultimately I want to see a return on my investments.
None of the cash UJO has accumulated so far is subject to the additional tax.
The increase in the price of oil since last year when the cash started rolling in easily covers any additional tax so there should be no effect on the planned dividend/buyback.
All looking good for UJO
I should maybe add that I like the fundamentals of the company and I'm happy to accumulate shares at anything under 2p
Yes, DIS is very quiet.
The RNS information is nearly always presesnted 'dead-pan' and often ends up highlighting any poor news before coming out with the good news in the small print.
The TV advert is poor, I hope it didn't cost too much.
Waiting to see what comes of the Ardgowan investment and to see what other plans our new major shareholder has in store for us... hopefully one of them will result in some excitement..
This won't be climbing until they re-instate their small progressive dividend
They need to get the decision on 'return to shareholders' right.
UJO could buy back £3m worth of shares and still pay a 2p dividend with the prospect of much higher dividends in the future which would lead to a much higher share price especially if the price of oil remains buoyant. UJO will be clearing a minumum of 10 million annually and if they only return half of that in dividends it would suggest a potential SP of over £1 when comparing the yield with other oilers.
IMHO
Fingers crossed the February update wasn't too far off the mark.
Let's hope it does the trick and pays off big-time. If we are already ahead of the curve in the spiced rum field then it's got a chance.
I think the Ad would definitely benefit from a dose of that heavy metal. It will be interesting to see how it affects sales.
Wrong board I guess ringworm?
Double your money from here.. just need to be patient.
We should receive 150 - 250k per annum interest on the loan we made to Ardgowan which will pay for some heavy marketing when necessary.
The RNS seems to lean towards the paying of dividends rather than buy-backs but you never know.. and by the time it gets sorted they might well have enough spare cash to do both.. just like BP. Still looks remarkably cheap at 10 or 11p in 'old money'
That was my point.. we have already outperformed pre-covid levels by over 20% which is great.
Looks like you will get your chance skid35.. after this typically poorly presented RNS from Don.. with just a little bit of thought he could have headlined "figures up 23% against pre-covid comparative period", "New Malt Scotch being launched in...".
(sigh)
And all of what Haggis reproduced below of course! Onwards and upwards...
An exciting wait for Ardgowan and Roland Grain maybe; but there will be no wait or interruption for the current Distil range (just a new home for our Blackwoods Gin brand when we occupy our part of the overall estate).
I guess that shows a good degree of confidence from our major shareholder... or am I missing something.
Can go up and down quite abruptly.. I'm always looking to pick up these shares anywhere under 2p when I have spare cash.