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I have a feeling they have moved into a new warehouse.

The warehouse picture on their recent Facebook post does not look the old Mill that they have been in .

Good solid .set of results.

Yet another company seemingly unhappy with the UK shares market.

Would hope for a rise in the share price, but wouldn’t be surprised if any reaction is muted.

Labours plan to raise cgt to 45 per cent will just about finish off private UK investors .

Fourth, at the very top of this conceptual layer cake, are our shareholders. Over the years, we have grown earnings per share for all shareholders with minimal dilution. 2023 was no different. As noted above, fully diluted EPS grew by 29% (2023: 24.7 cents vs. 2022: 19.2 cents. With our consistent growth trajectory and our ability to put significant free cash flow to work, our shareholders may be concerned that the share price does not trade at levels that reflect either EPS growth or fair value. Hence, one use of capital for which we will be seeking regulatory approval and asking our shareholders for authorization is to repurchase some of our shares and provide liquidity for our shareholders.

It seems the AIM market is pretty much a busted flush.

Not so long ago, the likes of Ukog and Povexis would pull up a teaspoon of oil or sell o couple of cartons of juice and the punters would go wild.

Relatively speaking todays update was very encouraging (and they are drastically improving turnover to decent levels, yet there is almost zero interest.

Won’t be long before private equity takes this company off the market imo.

It might be that they have the same problem as Motatos.

I.e decent turnover and cant make any money from it.

news.cision.com/motatos/r/matsmart-motatos--consolidated-results-in-2023--turnover-of-over-1-billion-sek-with-improved-cash-fl,c3993044

Great RNS and well done for the huge increase in sales.

The RNS started by mentioning the three parts of the business and then only talked about only two .

From that , I assume that Letsexplore is underperforming .

Hopefully , they can start turning sales into profit, sooner rather than later .

DD is advertising on TV in Sept.

I would assume that this means that by then , they will be up and running in their new warehouse.

Hope they are not trying to grow to quickly and burn through their cash.

huddled.com/discount-dragon-makes-first-tv-commercial/

Within the next few weeks, I would guess that there will be an announcement regarding the move into a larger warehouse.

Accompanying this news will probably be a great trading update.

The news should create a bit of interest and upward momentum in the share price.

Same here.

Isa and sipp .

In and out on highs and lows.

This always dips post news and as far as I’m concerned, as long as it looks like a growing business, it’s a safe punt.

I see.

I thought you were selling out ?

I have tended to buy a few extra in these dips and sell on the news, so it’s probably my fault .

Seems to have historically worked well assuming they are still going forwards.

What exactly does nt mean ?

Thanks for that

From annual report.

We have seen unaudited AOV rebound to more than £36 in April 2024.

On that basis sales at DD are running at £1 072800 per month.

Add on another 150K for the protein company with a confused identity and a fiver for Lets Explore and Vodiac, their sales should equate to at least £15 million this year.

Once they have sorted their warehouse costs, then hopefully they can make some profits.

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.

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.

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

Was hoping for a bit more growth, but the results seem ok.

Bit of a jam tomorrow update .

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.

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

Thanks

Where did you find that info ?

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!

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 .