DGL

[Ricky-bobby]

Did you see that Jim has steeped down as chair.

[Biscuit]

Did you see that Jim has steeped down as chair.

Yes, he'll still be involved as a director so no change in steady, long-term growth strategy. They planning 25% growth over the next few years and no doubt they will achieve that at least.

[wkr]

Anyone got any thoughts on Delegats? It has always delivered its targets for many years but lately its growth has really slowed. Is it just a temporary Covid thing or something more permanent?

[BlackPeter]

Anyone got any thoughts on Delegats? It has always delivered its targets for many years but lately its growth has really slowed. Is it just a temporary Covid thing or something more permanent?

Good company, but I supposed they are doing their Ryman thingy (long pause after an amazing ascent). Covid actually did help them to increase their business. Given their pretty dear PE (nearly 30) and only modest growth rate (Earnings CAGR = 6) which well might slow down further after Covid, I'd expect the SP needs to take a long breather until they deserve the Share price the market is still prepared to pay.

[FTG]

Good company, but I supposed they are doing their Ryman thingy (long pause after an amazing ascent). Covid actually did help them to increase their business. Given their pretty dear PE (nearly 30) and only modest growth rate (Earnings CAGR = 6) which well might slow down further after Covid, I'd expect the SP needs to take a long breather until they deserve the Share price the market is still prepared to pay.

All things being equal though......shouldn't we expect significant growth in earnings following all the M & A activity DGL has consummated over the last few months?

[newbieinvestor]

All things being equal though......shouldn't we expect significant growth in earnings following all the M & A activity DGL has consummated over the last few months?

FTG : IMHO, I think you are referring to DGL Group discussed in the other thread (DGC - DGL Group). Else ignore!

[FTG]

FTG : IMHO, I think you are referring to DGL Group discussed in the other thread (DGC - DGL Group). Else ignore!

Right you are! Silly me.
Sorry folks.

[nztx]

Right you are! Silly me.
Sorry folks.

Haha confusing with the two similar tickers, different companies

Perhaps the thread title could be amended to include the company name
to eliminate any further confusion ?

[Biscuit]

Not a great result this year. Holding steady but with ongoing impacts from increased supply expenses. Margins down. Next year's going to be better they reckon, especially if the supply issues smooth out a bit. 20% increase in case sales projected by 2024, so steady growth predicted.

[Getty]

Haha confusing with the two similar tickers, different companies

Perhaps the thread title could be amended to include the company name
to eliminate any further confusion ?

Hey be careful on the use of Haha, that's a different brand and wine company too, lol.