As Diginty is new to the martkets and the first funeral services company to be floated, what are your views on its future potential?

There appears to be little data on which to ascertain a valuation.

I don't suppose we are going to run out of dead people!

Nov 12: Investec: Buy - TP lifted from 1660p to 1800p

Nov 19: Berenberg: Buy - Lifts TP from 1600p to 1850p

DC - Remarkable rise of late.

Downgrade - 16 Jan Berenberg 1,850.00 Hold

Feb 3: Investec raises TP from 1800 to 1840p

Dignity PLC (DTY:LSE) set a new 52-week high during today's trading session when it reached 1,952. Over this period, the share price is up 18.56%.

The recent strength has been quite amazing.

Almost a dead cert! - ahem!

You mean rising sp is dead folks' legacy...

Naked Trader today -Dignity (LON:DTY) is really flying high for me trying to push up through the 1900 area, nice and now doubled on my first entry point. Today it seems to have pushed through quite decisively. There is money in death you know.

Hits new intra-day all-time high and trading above £20 now.

Been in since May 2012 @ 825p very pleased.

Preliminary results



Highlights

· Capital structure refinanced with new 35 year investment grade secured debt, reducing annual debt service obligations (principal and interest) from approximately £40 million to approximately £33 million per annum;

· As previously announced, non-cash charges resulting from this refinancing have led to a reported statutory loss;

· £64.4 million of cash returned to shareholders (£1.20 per share) following this refinancing;

· Eleventh consecutive year of operating profit growth since flotation in 2004;

· Strong operating performance by all three operating divisions;

· Profits continue to be converted to cash;

· Customer satisfaction remains at very high levels, with 99 per cent of families saying we met or exceeded their expectations and 98 per cent saying they would recommend us;

· £24.7 million invested in funeral acquisitions, adding a further 30 funeral locations to the Group's portfolio;

· Four satellite locations opened within the funeral business;

· Memorial sales remain robust; and

· Another strong year of pre-arranged funeral plan sales, with unfulfilled pre-arranged funeral plans increasing to 348,000.

4 Mar Panmure Gordon 2,200.00 Buy

Sharecast - Dignity resurrected after second-half funerals show signs of life

Wed, 04 March 2015



Dignity resurrected after second-half funerals show signs of life



A second half recovery in volumes helped Dignity lay 2014 to rest in style, with results from the funeral services group topping analysts forecasts despite the pall cast by a 3.5% annual decline in funeral numbers.
Results surprised City analysts, largely reflecting the earlier timing of the company's annual price increases, with revenues rearing up 4.7% to £268.9m and underlying profit before tax resurrected from half-year falls to register an 11% rise to £58.5m.

The group recorded a statutory loss due to non-cash charges resulting from the refinancing undertaken during the period, which allowed a £64.4m return of cash to shareholders.

Underlying earnings per share stiffened 19.1% to 85.8p, well above consensus expectations of less than 82p, with a final dividend increased by 10.0% to 13.01p, giving a full year payout of 19.50p on top of the cash return.

During the period, Dignity invested £24.7m in 12 smaller acquisitions acquisitions of funeral businesses, after the larger purchase of Yew Holdings in 2013, which performed very strongly and exceeded management expectations.

Chief executive Mike McCollum said the company would continue on its stately strategic course, targeting 10% EPS growth over the medium term, but he noted that the first quarter 2015 result should be significantly higher than the same period in the prior year as deaths in the first eight weeks of the year were roughly 23% higher than the abnormally low number prior year.

As seen in previous years, this is likely to normalise over the remainder of the year and mean expectations for 2015 therefore remain "positive and unchanged".

Broker Panmure Gordon said the results exceeded our expectations and the "outlook remains excellent" in light of the continuing EPS growth target.

"Strong earnings and cash flows, sustainable growth rates and low risks make this a highly attractive company."

5 Mar Beaufort... N/A Buy
5 Mar Numis 1,950.00 Hold
4 Mar Panmure Gordon 2,200.00 Buy
3 Feb Investec 1,840.00 Buy

Naked trader - Good old Dignity (LON:DTY) continues well and shouldn't be long before it hits 2000. reported. Already doubled on these and over the years no surprise if it doubled again, there's a lot of money in death!

Flying today.

Dignity PLC (DTY:LSE) set a new 52-week high during today's trading session when it reached 2,077. Over this period, the share price is up 34.21%.