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C&C Group Share Discussion Threads
Showing 1251 to 1273 of 1275 messages
|C&C's US market share now appears to be 6.5% (latest company presentation, 'Pabst' section). When they bought Hornsby's (of which little is heard) that had 20% of the US market, and buying Woodchuck added - at the time - another 40%, plus Magner's US sales. And now the US business is for sale to Pabst, should they want it.|
|See that C & C's name has been linked with one or two of the potential spin offs from the SAB Miller situation........Peroni was one of them. May explain the abnormally high level of share buying today.|
|The share price appears to be in one of its stronger phases at the moment although this may be driven by euro/sterling exchange rate movements. The recent SAB Miller take-over is likely to send ripples of opportunity around the global drinks' industry pond. Let's hope that our management discover something of interest!|
|i have been watching C&C for a while. The market cap has slipped about 100m since the turn of the year (not sure when the 30m buyin happened). There is a real and continuous erosion of shareholder value here and a paucity of ideas - well good ones anyway. The Great American Cider dream, the ill timed run at Spirit, losing a couple of mill on a minor Scottish pub group (just as well they did not get Spirit). On the chatlines it is rarely mentioned. - Perhaps watching a slow agonising death is uncomfortable watching. The only comment of note I can find was in the Irish Times -"Yesterday’s writedown indicates that the cider market has changed fundamentally and the US brewers are here to stay. So, it seems, are the management team at C&C who got things so badly wrong."
But then no wonder - it is hard to see who might want to buy this - the only likely purchaser I could see was a Japanese brewer. And what could C&C buy - certainly not anything interesting.
What are shareholders paying three executive directors a short 2.5m for?
And why a the NEDS being paid at all.
THE TRUTHSAGE PREDICTION - "THIS PARTY IS NEARLY OVER - TAXI FOR THE BOARD"|
|The unexpected removal of the beer tie in GB leaves C&C in an interesting position. Whether it should continue to chase the Spirit deal is debatable now that tied tenants will have the ability to stock their shelves with whatever they like. Lots of regulatory huffing and puffing to come over this decision but the wind looks to have moved to a quarter where it could well benefit C&C and other soft drinks providers.|
|Interims look ok to me. The eps line is only marginally better than last year but the tone of the report is much more positive. Dividend also up by 7.5%. Steady as you go I would say.|
|Opened a position here yesterday as I think that this year's apple harvest, a fine summer and recent acquisitions will see the company back on track in 2014. The current historic PE looks modest against comparable drinks companies and the dividend paying capacity is currently good and should tend to improve. The Directors have also been consistent buyers of the shares over the past 6 months.|
|graphamg8 - on face value interesting but rising cider competition in UK & Ireland and first quarter trading update very poor|
|My share sifting mechanism pulled out CCR. The share performance looks good over a five year timescale. Medium term acquisition growth and USA prospects, dividends growing. Short term possible bounce on higher consumption due to good UK Summer weather. And of course the potential to be a takeover target themselves. Great brands Woodchuck and Hornsby #1 and 2 in USA, Bulmers #1 in Ireland, Magners #1 in UK, even Tennents #1 in Scottish lager.|
|The good weather in UK will be a help to them....but the competition at home is unrelenting. After Carlsberg joined the cider party this year (Somersby brand)...I see Stella have now extended their brand with a pear variant.|
|2013 The Great Irish Share Valuation Project (Part XII)
I take a look at C&C Group, plus a batch of other Irish stocks:
|Sold this week at 4.50 euro Good rofit since buying earlier this year. Given the worst summer for 100 years, CCR an unlikely success story of 2012. Vermont Hard Cider acquisition completed today, and the US growth story looks compelling, but prospects here in the UK/Ireland (still 90% of profits)...look glum to me. Had a look in two supermarkets today, its Xmas Eve and the cider shelves were full.|
|US cider market now growing at 80% year on year (see yesterday's company presentation). C&C have bought the no 1 and no 2 US brands in the past year, giving them (with Magners) over 60% of the US market.
And this board is dead. Wake up guys !|
|3dwd. See company presentations (on website) for 'potential' of US and Aus markets. But it is as yet 'potential' not actual, the US and Aus are growing, but cider in the US is only 0.2% of the LAD market. Export markets still only c4% of profits; and over half the world's cider is still drunk in the British isles.
cat100. Yep...the apple crop will be poor, several trees near me have none at all this year, and those that have...much reduced. But as the company said in their New York presentation, if there were ever a shortage from their UK farms, there are plenty of apples going spare in Europe. BUT isn't the bad summer already in the price ? For believers in the medium term story of growth in US/Aus sales ...will there be a cheaper opportunity to buy. 'Be brave when others are fearful' (Templeton).|
|Can anyone tell me more in regards to C&C .... i hear the USA is gettin a bit of a flavour for Cider .. and this company could become a tgt for a bigger one .. I see M&G recovery Funf are buying the shares ..recent report...|
|No one here but I'd be shorting this now. The summers real damage is only going to show now. The apple crop is a wipeout this year.|
|Yes such a weather dependent share; and other factors beyond their control eg. if Ireland (c40% of turnover) do well in Euro 2012.
I have come back in recently, on the prospects of growth in International markets (see presentations on their website); only about 4% of profits at the moment- but am looking at the medium term.|
|With all this hot weather,they must be selling bottles of cider,by the drove,,,6 for £6 at terry`s corner shop tesco.|
|OMG...just stumbled across this share again after a long time having exited some 2 years ago....what a turnaround. Looking at some of the beaten up companies lying around the markets currently this looks a solid buy. Will be my first buy of the day tomorrow a.m....regards to all.|
|An EV/EBITDA of over 8
|lobby...and they were good..look at all that free cash ;-)|
|Anybody here ?
Final results were released today.|