getting a savaging in aus today on there not so good outlook statement
Profit u huge in F22 but flat in F23 it seems
In FY22, because of strategically higher stock holdings, expanded capabilities, balance sheet strength and the Group’s execution, DGL achieved some opportunistic growth in earnings which is unlikely to be replicated to the same extent in FY23. In addition, inflationary cost pressures across the globe may also have an impact on the earnings growth, albeit the Group will look to respond accordingly. These impacts are expected to be offset by a full year’s contribution from the Group’s FY22 acquisitions and other organic growth projects. Therefore, the Group anticipates its earnings growth to flatten in FY23 as a result
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
This is the Delegats (DGL) thread. This is a fairly old thread, don't know if the guy who started it is still around. Could do with a thread name change to Delegats. Perhaps the other DGL thread could be changed to "Not Delegats"?
This is the Delegats (DGL) thread. This is a fairly old thread, don't know if the guy who started it is still around. Could do with a thread name change to Delegats. Perhaps the other DGL thread could be changed to "Not Delegats"?
Alternatively, sell your DGL shares and buy some DGL shares. Much better company and better wine.
AFR Street Talk is speculating that Cameron Partners is taking soundings on behalf of Marlborough Lines to sell Yealands. Can’t imagine that Delegats will be interested - they always said there weren’t interested in Villa Maria when it was on the market last year, and Yealands is presumably in a similar market segment to Villa Maria.
Any sale will be a useful indicator of market interest in the sector, and hopefully act to underpin the Delegat share price.
Share price down but how badly is Delegat affected by the cyclone?
Pictures show lots of water through vineyards in Hawkes Bay but I thought they mostly grew their grapes in Marlborough and Barossa Valley?
Anyone know how vineyards cope with flooding? Assume it can't be good for this year's vintage which was due to start soon in Hawkes Bay/Gisborne but the vines should recover?
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