I thought we might push through £11.00 today as it kept reaching it.Own due diligence
Re: Director Dealing Worth watching intently now to see if the wives who previously sold reload.Own due diligence.
Director Dealing Nice to see the first buying by a Director for a little while.About £50,000 worth from a Non-Executive Director - Mary Mcnamara[link] due diligence.
Re: Plus 1 - Crematorium Lovely, I should relocate to area?Perhaps MCS will sell me a flat....Do we get any shareholder freebeesA, being flippant
Re: Plus 1 - Crematorium [link] due diligence
Plus 1 - Crematorium Derby new build opening in June.State of the art and tailored for any religion.[link] due diligence
Re: Topped Up again Your scepticism may well be keeping you on the sidelines but its not stopping you posting regularly. It'll be 6 months until any interim report and 12 months till the full report and by the way the Competition and Markets Authority may have their hands full with the already announced Sainsburys and Asda merger enquiry. Given this, intelligent thinking would suggest it will miss this timeframe.So by the time they get round to commenting Dignity will have reported on its review which is well underway, put 6 monthlies out and should have another full years numbers published.Though recent and as such current in a few days and weeks time this focus will reduce and shift to other things Dignity related. If things continues as they have done in the first quarter then I think the share price will get back to £13 without too much effort. Own due diligence
Re: Topped Up again Totally understand your views oneway ticket but I believe sentiment will be against this company until post the enquiry. I was a fan of Dignity for a number of years and held the shares until last November when I sold around £22.50. One day I hope to return. I may well miss the best opportunity but my scepticism is still keeping me on the sidelines.Bon chance !
Who spent the Million then Stand out trade of the day. Anyone care to own up?16:50:29 1057.1781 101,998 O 1042.0000 1053.0000 BuyOwn due diligence
Re: Topped Up again There isn't any wishful thinking going on asianfriend nor any dead cat bounce. Its created volatile and it gets moved about to create volume. I was watching stock being readily picked up above £10.80 earlier today and £10.60 about half an hour before the close. You don't do that to make a loss. What you also need to realise is that Dignity will still be arranging funerals throughout any enquiries and anywhere between the 6 and 18 months in duration it will take. That's plenty of updates and results.The enquiry also, as market lead, we seem to have instigated ourselves over presumably concerns re competitors practices and we are more than happy to feed into the enquiry. Given the rhetoric I think should be alright.The weekend intervenes and that should give people time to read and digest the 1rst quarter update and the wording in todays RNS and probably reach the conclusion its an overreaction.It'll get back to £12 and £13 soon enough. Own due diligence
Re: Topped Up again There seems to be a bit of wishful thinking going on here. The stock may be under the weather for some time while the enquiry goes on. Hope not, but beware the dead cat bounce which may now be over.
Re: Topped Up again onewayticket has a good record on this stock, and I have also bought on the dip a tad over £10. Looks like the regulatory action will be on the smaller fry, which could strengthen the big boys ie DTY and the Co-Op. The returns DTY makes look to me like a 10% pretax return on capital employed which is not excessive, pretax margins of 20% are highish but not outrageous.The stock if it is going to broadly maintain its profitability despite price changes etc as Q1 suggests is modestly valued at a 7 or 8ish p/e depending on the numbers you take, not much yield but plenty of cover for the dividend. Crems tend to be local monopolies, but what can anybody do about that? The brokers will no doubt opine in due course, my guess is they will say the reviews should not hurt DTY but only my guess.
Topped Up again That's my last one. Sub £10.00 this time so very happyIt can go down further. It can go up, but I'll be holding.I think the last half hours trading has been nothing but sheer madness by computer trading programs that cannot read company statements.Broker rating of £12.50 just a few days ago and an excellent first quarter update and with dignity itself calling for the review.I'll put a Strong Buy on it now.Own due diligence
What Mr McCollum said previously Chief executive Mike McCollum said: "While the first quarter produced a much stronger result than we had anticipated when implementing the price changes in January, the current year is all about completing our review of our funeral business and ensuring we provide the excellent service our clients expect from us. We will also continue to demonstrate industry leadership by calling for stronger regulation in the funeral plan sector to protect customers."So Dignity have actually been calling for this all along. No wonder they are welcoming and happy to share information.Its a shame the market makers don't read the company updates first but I'm not complaining as with any dips come opportunity. It should correct itself.I'm off for a coffee too.Own due diligence
RNS Says they have been calling for greater regulation so I don't think Dignity have anything to be worried about. Gross overreaction.As one of the UK's largest providers of funeral and crematoria services, Dignity has led calls for greater regulation of both at need and pre-paid funeral sectors while continuing to set the standard for what constitutes best practice in the industry. We look forward to working with the Treasury and the CMA in the months ahead to bring greater regulation and transparency to the funeral sector, whilst ensuring that customers get the best service and choice of pricing."The companies reaction is there for all to read and digest.Own due diligence "