Joatmon
17 Feb 2017
Latest rise in the SP I wonder is the latest rise in the SP driven by this 16 February "Add" rating:-"Today, Numis Securities Ltd reiterated its Add rating on De La Rue plc (LON
LAR) with a price target of GBX 671.There are 3 hold ratings, 2 buy ratings on the stock.The current consensus rating on De La Rue plc (LONLAR) is Hold (Score: 2.40) with a consensus target price of GBX 625.25 per share, a potential." - or is good news on the way?
LK Hyman
20 Dec 2016
Re: Innovia bought by Canadian company Mean,"Looks to me as if there is a process of industry consolidation and strategic position-taking underway which underpins the value in DLAR."Just so long as the consolidation doesn't kick DLAR into the long grass!LKH on the flybridge
Meanbugger
20 Dec 2016
Innovia bought by Canadian company CCL of Canada have paid a price equivalent to twice turnover to buy Innovia Films who are DLAR's biggest competitor in the supply of polymer for banknotes. Looks to me as if there is a process of industry consolidation and strategic position-taking underway which underpins the value in DLAR.
Meanbugger
13 Dec 2016
Re: Dupont Authentication My thoughts are that this deal is about as big as DLAR could have made from its existing cash resources. The balance sheet is much more stretched than I'd like ideally but DLAR does have some great technology and a decent market position so I'm not worried about the goodwill in the balance sheet as it is clearly worth a lot.I think they'd love to do a 'disruptive' acquisition but their big rivals are all either government or privately owned and probably will never be for sale. I'm very happy though that they add bolt-on businesses like the DuPont operation to strengthen their long-term growth.I bought a few more yesterday as soon as I saw the deal. Essentially I think any deal to grow the business is good news for the share price.
gamesinvestor
13 Dec 2016
Re: Dupont Authentication """With low interest rates almost any deal is earnings enhancing but although small this looks like a good deal.""Maybe Sutherland is smart and doesn't look to completely uproot what is essentially a profitable business by some disruptive big acquisition. Large deals are often difficult to absorb and in many cases can damage shareholder value.Games - I see we are back above £6 today - good stuff!!
Meanbugger
12 Dec 2016
Re: Dupont Authentication Unexpected acquisition but very welcome. DLAR are positioning themselves to be world leaders in anti-counterfeiting measures and polymer notes ahead of the likely decline in printing paper banknotes. With low interest rates almost any deal is earnings enhancing but although small this looks like a good deal.
gamesinvestor
12 Dec 2016
Dupont Authentication [link] looks like a sensible acquisition. They have bought the company for $25M which represents about 1.8X revenue.Be interesting to learn what the margins are on that business, and if it will scale well alongside DLARs broader offerings.Games
gamesinvestor
08 Dec 2016
Re: Word of advice, Carney .... Do not descend to the level of these nutters. Don't give them air space. If there's tallow in the notes ... fine. Not bothered. Get used to it.I though Modi had taken physical cash away from them anyway - so what's the problem?Games -- Oh you are going straight to hxll for that one!![link]
Joatmon
01 Dec 2016
Re: £5 Note OK in my view! The UK should not pander to the wierd religious beliefs of others - the Indians worship cows and we eat them, so to please the Indians are we going to stop eating beef - of course not.I say if they object that is their right they can avoid touching these notes (touching their backsides is OK of course. The UK has the right to make banknotes to suit the UK not the Indians etc - after all there is no HSE issue here it is just daft political correctness pandered to by the UK's daft ruling class / politicians. The UK needs a Trump type politician to say UK first and if you don't like it - lump it or leave.
LK Hyman
30 Nov 2016
Re: £5 Note Cher,Worra lorra bollux innit though?Blimey, them vegans and God knows who else need to get a life! Blimey, whatever next? Am I gonnae have to replace the seats and the steering wheel on the E Class because them waccos don't like leather?"The Bank said the problem "had only just come to light" and it was treating the concerns with "utmost seriousness"."Word of advice, Carney .... Do not descend to the level of these nutters. Don't give them air space. If there's tallow in the notes ... fine. Not bothered. Get used to it.It's political correctness gone maaaaaad!LKH on the flybridge the voice of common sense
Cher Eugene
30 Nov 2016
£5 Note I see that vegans, vegetarians, Sikhs and possibly Muslims and Jews are up in arms because the new plastic notes are made of material that, in the early stages of it's manufacture, includes a spot of tallow.What on earth is the world coming to! Can De La Rue produce a plastic note that complies with these bonkers PC rules?
Joatmon
24 Nov 2016
Re: Share price - Cher Eugene Yes I assume the fall is because more was expected - however today we have a director buying more shares (the CFO no less) and this is a good sign for the future:"Transaction by PCAs of Jitesh Sodha Chief Financial Officer (PDMR) - Purchase of 2,755 Ordinary Shares (held in nominee account in the name of PCAs Susannah Sodha (2,673 shares) and Jasper Sodha (82 shares)). Following this transaction Mr Sodha's beneficial holding is 7,594 ordinary shares."
Cher Eugene
23 Nov 2016
Re: Malta Operations to continue. But the share price has fallen 14.5p today (at the time of keying this)I am hoping for £6.00 by the end of January 2017
Joatmon
23 Nov 2016
Re: Malta Operations to continue. This means De La rue can offer services from within the EU (Malta) and from outside the EU (UK) - to me this can only be good for future business.
Joatmon
23 Nov 2016
Malta Operations to continue. I view todays announcement as very positive:"De La Rue to retain currency printing in Malta22 Nov 2016As part of its ongoing review of Global operations,De La Rue has today announced that it will continue to print currency at its factory in Malta. The company has been working in Malta for over 40 years and last year announced that it was creating a Centre of Excellence for Identity and Security Print in Malta, as part of a global investment of €33 million in equipment, factory upgrades and skills. The works to create the Centre of Excellence are well advanced, today’s announcement will see De La Rue continue to print currency in Malta within the new Centre of Excellence. "
