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#DGL price drop
stale
Added 3 years ago

AFR reported that it was because whilst profit was on track, cash flow was not. This article was published on Sunday:

DGL Group CEO defiant after market rout

http://www.afr.com/markets/equity-markets/dgl-group-ceo-defiant-after-market-rout-20220902-p5beup?btis

(for those of you that subscribe)

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#DGL price drop
stale
Added 3 years ago

Organic growth no longer there.... is my guess

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#DGL price drop
stale
Added 3 years ago

Why have so many shares of DGL been dumped on the market in the last few days causing the share price to drop like a stone?

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#Management
stale
Added 4 years ago

DGL update that the twisted wrist apology has been delivered.

I sold this a couple of weeks ago as this guy seems to have habit of getting himself bad press for stupid stuff.


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#Stock Popped
stale
Added 4 years ago

@Saiton

I think you'll find the "pop" was as a result of a recent buy recommendation by a stock picking service.


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#Business Model/Strategy
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Added 4 years ago

DGL is specialty chemicals and dangerous goods business. It was founded in 1999 by current CEO and Founder Simon Hengry. DGL Group operate from 26 sites in Australia and New Zealand, and has 140,000 tones of chemical manufacturing capacity. One of its big customers in Australia is the agribusiness group Elders Ltd. 

DGL’s services are offered through three divisions: 

Chemical Manufacturing 

DGL’s Chemical Manufacturing division produces its own range of specialty chemicals and undertakes advanced formulation and contract manufacturing on behalf of third parties. Operations are focused on deriving chemicals from complex reactions in controlled environments. Using internally developed intellectual property, the division manufactures trademark brands including the Hardman water treatment range, Alset and Chempro AdBlue.

Warehousing and Distribution 

DGL’s Warehousing and Distribution division offers transport, logistics and warehousing services focusing on dangerous and hazardous goods across Australia and New Zealand. The division also manages logistics and distribution for other goods including food, pharmaceutical products, agricultural products, security sensitive goods and temperature-controlled products. 

Environmental Solutions 

DGL’s Environmental Solutions division is focused on resource recovery and waste management. Its core activities comprise liquid waste treatment, end-of- life lead acid battery (ULAB) recycling and lead smelting, and refining. ULAB recycling is undertaken at two EPA licensed recycling facilities located in New South Wales and Victoria. The division relies on an established and mature collection network of suppliers located throughout Australia. ULABs are recycled in state-of-the-art recycling facilities which are highly automated. The primary outputs from the ULAB recycling process are lead products, scrap plastic and waste. 

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