Previously writing on alcoholic drinks company Distil (DIS), in April with the shares at 1.4p I questioned ‘pleased to announce campaign to further build RedLeg spiced rum, how’s the balance sheet now?’. The shares last closed at 1.35p but are currently 1.15p, a £7.9 million market cap, on the back of a trading update, so what’s the position now?
Alcoholic drinks company Distil (DIS) has announced a campaign for its RedLeg Spiced Rum which it emphasises it is “confident… will continue to build on the success of the brand”. What of a current 1.4p share price, £9.6 million market cap here?
Alcoholic drinks company Distil (DIS) states that it “is pleased to provide an update on trading for the financial quarter ended 31 March 2022”, but what of the shares currently responding approaching 17% higher to 1.4p?...
RedLeg Spiced Rum, Blackwoods Gin and Vodka, TRØVE Botanical Vodka and Blavod Black Vodka drinks company Distil (DIS) has announced “a longer-term beneficial move to more premium positioning for our key brands” and “we have also progressed our new Malt Scotch and anticipate formally launching the product in the coming months… we remain excited about the Ardgowan investment”. Why then a current share price response to 1.65p, approaching 11% lower?...
RedLeg Spiced Rum, Blackwoods Gin and Vodka, TRØVE Botanical Vodka and Blavod Black Vodka drinks company Distil (DIS) states that it “is pleased to announce” its results for its half-year ended 30th September 2021. So why have the shares currently responded more than 12% lower to 1.80p?...
Previously writing on drinks brands owner Distil (DIS), last week with the shares at 2.4p I concluded that the valuation looked high enough until some further sustained revenue and bottom-line impact is delivered. Today the company is “delighted to announce our agreement and partnership with Ardgowan which we see as a fantastic opportunity to add significant growth to the business in both the short and long term” and the shares have responded...further lower to 2.15p! Why?...
Owner of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, TRØVE Botanical Vodka, Blavod Black Vodka, Jago's Cream Liqueur and Diva Vodka, Distil plc (DIS) “is pleased to provide an update on trading for the first quarter of its current financial year” and the shares have responded up to 2.4p. What does the value proposition look like from here?...
Despite covid response-related inefficiencies and challenges, alcohol drinks brands owner Distil plc (DIS) is “pleased to report another year of increased profit, revenue growth and continued investment in our brands” and the shares have currently responded up to 2.40p. Is there further potential?...
Previously writing on alcohol drinks brands company Distil (DIS) I noted I’d want to see sustained meaningful positive impact from the ‘up-weighted marketing investment’ to reconsider my cautious stance. What then from a now “pleased to provide” trading update for its year ended 31st March 2021?...
