This defensive stock is in an ‘untouchable’ industry. Here’s why I’d buy

first_img Defensive industries can be excellent investments in good times and bad with businesses that are stable or immune to economic fluctuations. One such industry is that of funeral care. Major name Dignity (LSE:DTY) is a defensive stock and in my opinion is a market crash opportunity. Despite the issues it has had in recent times, I feel it could be a good opportunity right now. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Defensive abilities despite ups and downsDemand for funeral services may fluctuate but will never cease, hence the defensive quality. DTY is one of the UK’s largest providers of prearranged funeral plans. It provides access to a network of national funeral locations where personalised packages can be tailored to an individual’s needs. It’s also the largest operator of crematoria in Britain.So what are the issues it has faced of late? Well, Dignity and other funeral providers had continued to push prices up. This seemed to work as 12 years after its initial floatation in 2004, the shares had risen more than tenfold and it was valued close to £1.5bn. It was also a member of the FTSE 250.But in the last two years or so, the wheels came off somewhat as lower-price competition grew and the share price started to deline. An investigation by the Competitions and Markets Authority (CMA) into funerals and this year’s stock market crash didn’t help either. The share price plunged again and it seemed like it might be the proverbial nail in the coffin.At the time of writing, the shares can be purchased at nearly 500p each. Yet at their lowest point, the shares could be picked up as cheaply as 230p. Government price-cap plans being put on the back-burner have helped the price to rise. But 500p per share is still dirt-cheap in my opinion and represents an opportunity.PerformanceAt the end of July, DTY released a trading update for the 26 weeks to 26 June. There were some positive results, despite tough market conditions. Revenue and profit were up by 12% and 21% respectively compared to the same period last year. Cash generated from operations was up 3%. These results were linked to the fact that, sadly, there were 23% more deaths compared to the same period last year.Full-year 2019 results saw DTY turn over £339m and generate a pre-tax profit of £44.1 million. But with the economic downturn in full effect, its dividend was cancelled and may not return before 2021 at the very earliest. This might put people off, although I would preach patience here. My verdictMy overall feeling is that DTY is in an almost untouchable industry. Its business model isn’t complicated and demand will never end. I also feel the economic downturn will mean smaller funeral care companies may not survive. Ultimately this could offer Dignity increased market share.At its current share price, I think DTY is a good defensive stock opportunity. The price is very cheap, but there’s an element of risk involved, of course. It may not be one for everyone, but it’s one I think suitable for somebody willing to buy and hold. Simply click below to discover how you can take advantage of this. Enter Your Email Address Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! This defensive stock is in an ‘untouchable’ industry. Here’s why I’d buy Adventurous investors like you won’t want to miss out on what could be a truly astonishing opportunity…You see, over the past three years, this AIM-listed company has been quietly powering ahead… rewarding its shareholders with generous share price growth thanks to a carefully orchestrated ‘buy and build’ strategy.And with a first-class management team at the helm, a proven, well-executed business model, plus market-leading positions in high-margin, niche products… our analysts believe there’s still plenty more potential growth in the pipeline.Here’s your chance to discover exactly what has got our Motley Fool UK investment team all hot-under-the-collar about this tiny £350+ million enterprise… inside a specially prepared free investment report.But here’s the really exciting part… right now, we believe many UK investors have quite simply never heard of this company before! Jabran Khan | Friday, 28th August, 2020 | More on: DTY Jabran Khan has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Image source: Getty Images. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. The high-calibre small-cap stock flying under the City’s radar Our 6 ‘Best Buys Now’ Shares I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Jabran Khanlast_img read more

TISL Development rebrands and launches fundraising tool

first_img Tagged with: Technology AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving. Howard Lake | 10 March 2006 | News TISL Development rebrands and launches fundraising toolcenter_img TISL Development, the not-for-profit sector software developer, has changed its name to Rivington Street Software, and has launched a new fundraising tool, [email protected] Development is rebranding following its acquisition by Rivington Street Holdings in November 2004. [email protected] is “a browser-based, integrated fundraising and CRM solution” designed to enable charities and associations to manage their fundraising campaigns. It can also be integrated into a website for online fundraising activities. Advertisement TISL was founded in 1986 and supplies systems to not-for-profit organisations such as professional and chartered bodies, trades unions and trade associations.  17 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

Herbert Addo has no intention of coaching again

first_imgFormer Inter Allies coach, Herbert Addo, has confirmed he has no intention of returning to coaching after mutually parting ways with the Tema side.The 5 time league champion endured a torrid start to the campaign with Inter Allies forcing both parties to part ways.The decision is the second in the space of a year for the trainer who departed Hearts under similar circumstances.For Addo, it is about time to bring an end to an illustrious career.“We have come to an agreement so I decided to retire because there is so much pressure,” he told Adom FM Sports.“I decided enough is enough. Too much pressure in the game itself.” “I have gone through the whole system and there a whole lot of little things people told me.”“I have no intention of coaching again. I just want put my house inn order, relax and reflect on the past and think about the future.”“If you want to compensate me, I am always around and it depends on the person and depends on the situation.”Former Wa All Stars coach Jimmy Cobblah has been tipped to replace Herbert Addo at Inter Allies. – Follow Joy Sports on Twitter: @JoySportsGH. Our hashtag is #JoySportslast_img read more