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Dignity - Is it worth investing in DEAD FOLKS (DTY)     

bingobingham - 10 May 2004 17:53

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!

Chart.aspx?Provider=EODIntra&Code=DTY&Si

dreamcatcher - 25 Nov 2012 15:55 - 36 of 229

Chart.aspx?Provider=EODIntra&Code=DTY&Si

dreamcatcher - 01 Dec 2012 17:34 - 37 of 229

Income is important to investors when cash savers get next to nothing from bank or building society deposit accounts. Companies that offer dividend growth and payouts that are well convered by freshly-generated earnings (as opposed to retained earnings) will be rewarded in the present economic climate. Dignity(DTY) being one.

Acquisitions in a fragmented industry offer scope for earnings upgrades and Dignity's recent upbeat third-quarter trading missive (12 Nov) highlighted ongoing expansion.

Stan - 02 Dec 2012 11:09 - 38 of 229

These seem to have risen from the dead.. So to speak -):

dreamcatcher - 04 Dec 2012 17:46 - 39 of 229

Chart.aspx?Provider=EODIntra&Code=DTY&Si

dreamcatcher - 05 Dec 2012 16:06 - 40 of 229

Put this rise down to being tipped in the shares mags over the last few weeks.
Even one of the writers last week added that investors are not even looking into the companies they buy, just going blind on what they read. Suits me.

dreamcatcher - 12 Dec 2012 09:50 - 41 of 229

Rising nice and steady.

dreamcatcher - 12 Dec 2012 14:36 - 42 of 229

Chart.aspx?Provider=EODIntra&Code=DTY&Si

dreamcatcher - 12 Dec 2012 15:51 - 43 of 229

Never seen this one gain 3% :-))

dreamcatcher - 19 Dec 2012 16:45 - 44 of 229

A nice 19,200 buy after hrs.

dreamcatcher - 28 Dec 2012 16:06 - 45 of 229

New all time high

dreamcatcher - 29 Dec 2012 14:29 - 46 of 229

Tipped as the ultimate defensive play in shares mag for 2013. The company being in the market cap above £500 million. As death follows taxes as one of lifes two certainties.

dreamcatcher - 29 Dec 2012 16:17 - 47 of 229

Business boasting enviable pricing power and the predictable cashflows to underpin
progressive dividend payouts should be highly prized in 2013 as economic growth remains sluggish. One exemplar is Dignity (DTY) the only listed funeral services
provider which remains well worth pocketing in spite of a strong share price advance in 2012. Dignity operates in an industry which remains fragmented and has a great opportunity to grab market share. Given its operational gearing additional volumes delivered through organic means and acquisitive expansion should help drive forecast upgrades in 2013 and beyond.
One pertential wrinkle is 2012's 1.4% year on year rise in deaths to 285,000 in Great Britain for the first half of 2012, according to the office of National Stastistics.
That kind of increase is unusual and a decline in mortality rates can be expected in 2013. Nevertheless Dignity can contend with any dip thanks to the enviable client satisfaction levels it delivers. Over 99% of clients say the company's services meet or exceed expectations upon receipt of the final invoice. This is encouraging , since around three quarters of the funeral business is generated through recommendations.
For the year to December, Peel Hunt's Charles Hall looks for 8.2% growth in taxable profits to £45 million and 10.2% growth in earnings to 60.4p per share, with a 10.3% dividend hike to 16.1p pencilled in. Despite expectations of a death rate dip in 2013 , the analyst is still looking for improved profits , earnings and dividends of £49 million, 65.2p and 17.7p respectively. While Dignity's shares are not exactly cheap, the group offers a secure dividend, covered 3.8 times by estimated earnings, not to mention the added attraction of further chunky capital returns. Dignity returned
£63.9 million to investors back in 2010 and after the raising of £87.1 million through the issue of further secured notes , is likely to mull over another return of capital in 2013.

dreamcatcher - 02 Jan 2013 17:32 - 48 of 229

Steve Clayton, analyst, Mirabaud Securities

FTSE 100 close: 6500

Stock to follow: Dignity (1090p)

"Death and taxes, as they say. Taxes keep going up, driving more of us toward Dignity. The group's pre-sold funeral plans are helping it to win market share in an industry where competition is genteel and margins are high, because, after all, no one haggles. Later in 2013, we expect the market will focus on Dignity's ability to make a further return of capital, which could enhance shareholder returns rather meaningfully. With a very predictable top-line outlook, Dignity is a high-quality growth stock that investors should aim to be a shareholder in, not a customer of…"

dreamcatcher - 14 Jan 2013 09:07 - 49 of 229

Dignity: Panmure Gordon takes target price from 1100p to 1280p still recommending to buy

dreamcatcher - 22 Jan 2013 07:15 - 50 of 229

Acquisition of Yew Holdings Limited and Placing

http://www.moneyam.com/action/news/showArticle?id=4523867

dreamcatcher - 22 Jan 2013 09:29 - 51 of 229

Dignity: Panmure Gordon ups target price from 1280p to 1312p and maintains its buy recommendation.

dreamcatcher - 22 Jan 2013 10:07 - 52 of 229

The market likes this mornings news.

dreamcatcher - 23 Jan 2013 12:46 - 53 of 229

Dignity: Numis revises target price from 1130p to 1250p and downgrades to add.

hangon - 23 Jan 2013 14:48 - 54 of 229

Grief! Look at the low-yield and now they are spending shareholder funds AND creating dilution....Yikes!

dreamcatcher - 23 Jan 2013 14:55 - 55 of 229

Not one I would suggest buying into now. Its climbed very hard since last summer..
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