DGL - DGL Group

[Snow Leopard]

DGL Group Limited services include chemical formulation and manufacturing, warehousing and distribution, and waste management and recycling.

Website

Due to list Monday 24-May.

[ Not to be confused with DGL - Delegat Group ]

[Biscuit]

DGL Group Limited services include chemical formulation and manufacturing, warehousing and distribution, and waste management and recycling.

Website

Due to list Monday 24-May.

[ Not to be confused with DGL - Delegat Group ]

A new Nuplex?

[Gerald]

Looks like the founder going from 100% to 57%, market cap 257m.

If there's one good thing about the current high valuation environment, it's that we have been getting more new listings which is great.

[Snow Leopard]

Often there is significant discrepancy between ths ASX & NZX market prices.
There is sufficient volume that I am mildly surprised by this.

[Ascend]

No mention of dividend policy which is surprising and how I imagine it would be valued. Maybe they have eyes on more acquisitions.

If so it's instructive to look at the Chem Pack acquisition. Looks like they paid about 5-8 x EBIT for Chem Pack - that's including 24m of goodwill.

And DGC is starting out at about 16 x trailing EV/EBIT.

[NOCASH]

DGL was founded in 1999 by Simon Henry and is an integrated, trans-Tasman end-to-end specialty chemicals and dangerous goods business. The Company’s service offering includes chemical formulation and manufacturing, warehousing and distribution, and waste management and recycling. The Company’s vision is to leverage its asset base, customer relationships, and trusted brand to further expand services offered across the full chemical lifecycle and, ultimately, develop itself as a ‘one stop shop’ for its customers.

https://www.dglgroup.com/about-us


Who's here put in there $$ for the IPO?

Looks very promising.

Expected Commencement of
Trading on the NZX Main Board:
Monday, 24 May 2021, 12:30pm (NZT)

[Grimy]

Snow Leopard has already started a thread for this. Is it possible to merge them?
Nuplex did well for me and I'd probably still be a holder if they didn't disappear, so will watch this one.

[Snow Leopard]

Yes not only did I already start one:

https://www.sharetrader.co.nz/showth...&highlight=Dgl

It has the exact same thread title.
I could sue for plagiarism. Using a different capitalisation is no defence against creating a total rip-off

[percy]

Livewire this morning.
DGL Group (ASX: DGL)
Ben Rundle (BUY): DGL Group is the stock that I think can outperform. They are a producer of chemicals, they do storage as well as recycling of those chemicals. The beauty of this industry is that there are high barriers to entry in terms of the capital cost and the permits that are required to be able to operate. Simon Henry, the MD, owns just shy of 60% of the business. I think he's done a fantastic job. He's a very good capital allocator and he's already made about eight acquisitions since they listed. I think that it is a really exciting company and it'll be much bigger in a few years’ time.

[newbieinvestor]

It would be good to avoid confusion if the administrators:

1) Delete this thread or merge it with the other DGC thread (https://www.sharetrader.co.nz/showthread.php?12096-DGC-DGL-Group)
2) Rename the Delegats Group DGL thread to include Delegats Group in the title (https://www.sharetrader.co.nz/showth...378-DGL/page12)