Member Info for Drillbits

TY Mudis, makes sense as cash at bank is �1m (increase of �200k).

End of the year accounts should be out soon. My guess is increase in revenue and net profit by 25%.-50%.

I received an email from HRS Funds detailing about their quarterly statements. I replied back with a request to look into Distil. Being one of their investor, I hope they will do their home work on Distil as they do specialize in rising star stocks.

I am surprised that Distil hasn't attracted HRS Funds.

They have sold nearly 5m shares on 4/5/18. Previous holdings was around 45m, after disposal they hold approx 40m. IMO, they want to bring sp below 2p so that they can acquire more shares. 40m shares are material holdings 7.98% of 501m. If they didn't believe in Distil, they would have sold off all.

3.6m shares being traded evenly today (50% bought & 50% sold). This will go on until the final figures or any positive RNS. GLA. Happy long weekends.

Hedge/Pension Funds should invest in Distil for solid long term growth (not income).

imo Don is more focussed on disposing off it's brands than USA deal.

Correction: Don Goulding (not Don Golding).

Last year Don Golding made it clear that he is in brand building and disposing it off to bigger players to take that brand to new level. Apparently he is keeping low profile until he finds a buyer with decent offer. Where there is a will, there is a way. Distil will eventually achieve it's goal in due course.

Thanks LeMajor, that makes sense.

LeMajor, I need your calculator to work out the value of my shares. lol

Looks like Distil is still working on perfect partner to conquer USA. I don't blame them as USA is very hard nut to crack. In UK, it is easy to start a business but difficult to succeed. In USA, it is difficult to start a business but easy to be successful.

I think because if share price soars quickly, most traders will sell quickly to take profit. To prevent that mm keeps share price static even though buys out number sells.

Why is it that share price nosedives 5% when somebody sells 10000 shares and it doesn't move when somebody buys 2m shares?

imo Distil has made so much money that the accountant's calculator can not cope with large numbers hence they need more time to figure out the profits. lol

Looks like we are not going to EOY news this week.

Why Distil's share price is not moving since 6/4/18? Any idea?

"▪Outlook and forecasts: With the development of Blackwoods complete, management attention will now turn to export markets, with a focus on combining the distribution of gin and spiced rum. Discussions are currently underway for this approach in the US with a shortlist of suitable distributors. Given a positive outlook for Q4 and the future benefits of incremental listings, our forecasts remain unchanged"

4the qtr trading update should be out soon with positive news.