Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
This dead cat didnt bounce far.... Still, Im sure its going to rise long term.
You were predicting �1.50 to �2.00 not long ago... you must be hurting at this level.
The distribution issue, from reading the reports, is something Distil's board are looking at, at the moment. I agree with A2B, in that this should produce a rise in the share price, as the company can then focus on products, and sales, rather than being sidetracked by the distribution issue. This is going to be a big decision for the BOM, as it lays out the future for their sales options in the US. A wrong decision could be disastrous.. I think they are looking at this decision to be finalised by end of Q4.
A little research found Redleg is a blend mainly of Appleton Estates 3 year old rum from Jamaica, plus a blend of other Caribbean rums as part of the blend, then its infused with real vanilla etc, not chemicals, and shipped in bulk to the UK, for bottling. I'd imagine the Vodka and Gin is Scottish made. I've been reading the last 4 years balance sheets and directors statements, and the only issues I can see here are the companies concerns over sales following Brexit. Unless there is something blindingly obvious, I cant see the reason for the fall. The only thing I can remotely think is the investors that took a position in the 1p period, cashing out as the sp drops.
Which third party distillery are Distil currently using ? I've found the UK distributor, Hi Spirits, but reading back through the companies house reports, and RNS's, I cant see who it is.
Having done a little research, you are correct, this is a cracking entry point. Made a little punt this morning so lets see if there is a decent bounce.
Im like this in real life I'm afraid. Loud and opinionated... but I apologise for the comments. So A2B... whats your take on why the company price has fallen ? I wanted to buy in last summer, but was too late, and the stock rose from 2p to the dizzy heights of 3 plus. Im glad I hesitated as I thought it was a false rise, fuelled by media speculation and hype. Thats all gone, and all we are left with is a decline unitl good news.
I'll let you have that one... A2B.. truce pal. I cant be arsed to trade any more insults. Ive been on many share forums for many years... but I have a particular dislike for the "its gonna fly" and "the train has left the station" posts.. I despise those type of posters that suck in the newbee's who then get locked in... please dont lump me in with them. You obviously know a bit about Distil, and I think we can share some posts together... I've got a tiny �500 invested here, and have been onto companies house, and looked into Distil with my companies credit checking account... Looks a good investment, plenty of scope for further sales. Ive been looking into Distils business, and their supply chain. All looks good.
Just to dispel the myth about the supermarket shelves being empty, because the Redleg is flying off the shelves. I spoke to a worker at Tesco who said they just have lower stock levels for Redleg, as opposed to Sailor Jerry's and Captain Morgans.
I say tongue in cheek...
Who was tipped off so they could sell in enough blocks to cause a price drop.
Someones offloading small blocks of stock this morning. As they are blocks in tens of thousands, Im guessing its someone with a large holding, rather than multiple private holders, trying to lower the price.
From the DB article... "Amazon UK was also noted as a growing platform for craft beers and wine, which was becoming an area �to watch�. For example it highlighted BrewDog�s success in owning nine products on Amazon UK�s Top 100 Beer Best Sellers list in January 2017, and its domination of competitive labels by a �fairly wide margin�, with five items each for fellow craft brew Beer Hawk and big brands Heineken and Stella Artois made Amazon UK�s Best sellers list. �US beer brands should take heed with BrewDog establishing a US beachhead in Columbus, OH in 2016. The craft beer brand�s success selling through Amazon UK is one to watch, especially if � or more likely when � the US market becomes more open to peddling alcohol online,� it said."
https://www.thedrinksbusiness.com/2017/04/uk-leads-europe-for-online-booze-sales/
No, majority of sales are through retail outlets. Twice as much alcohol is purchased through supermarkets and off sales outlets than in licensed premises. Online sales are however increasing, and more so the premium brands that are hard to find off the shelf. The trade site, The Drinks Business state that 21% of people have bought alcohol online, but it does not give the total sales figures as a percentage of alcohol volume purchased in the UK. There are more and more sites that now deliver alcohol, and there are little restrictions at the moment, apart from Section 182/10.52 of the Licensing Act 2003, that prevent start up businesses.
Captain Morgans isnt in the same ball park as to where Red Leg is being pitched. Captain Morgans is a "Bog Standard" brand, such as Smirnoff or Gordons Gin. Redleg is pitched in the mid brand stable, due to its price point. Something the customer looks as as something special, and worth the additional cost per bottle. Its rivals are brands such as The Kraken, which appears to have its commercial USP of being a black rum, with an exceptional brand advertising campaign. In reality, its taste isnt that exceptional. For Red Leg to get a lift in sales, its going to need a little more brand advertising, and endorsement.
New bottle also appears on the UK distributors web site, Hi-Spirits.
You wont see the new bottle from the large supermarkets yet, as they have thousands of units already stockpiled in their distribution warehouses. Plus, any of the old designs would have been discounted very slightly by the distributors, to clear way for the new packaging. This is so the marketing and advertising ties in with sales. Pretty pointless launching a new unit package, without seeing it on the shelves of licensed premises, etc. Supermarkets and off sales outlets will be used to dump old designs as they are the businesses pressurising the distributors for the best deals. Just going onto brands, I wish they could get the price point right for Red Leg. Supermarkets just dont seem to be sure at what price to sell it. It makes the purchasers hold off buying, as they think it might be cheaper next week. When you get a premium Rum, such as those from the Ableforths stable, Rumbullion, which is �32 for a very decent rum, �25 for Red Leg can seem excessive. At this price, a little buying with push up the sp back to the 2p support levels easily. This is a steal at this price.
With any stock increase, you have to look at the charts, and see when and why the 1p levels started to raise for Distil. Has this been an artificial rise, and its just stabilising to its true levels ?