Barr (a.g.) Share Discussion Threads

[philanderer] 16/7/2013 20:57

On the watchlist.

Couple of comments saying that Ribena and Lucozade ( owned by GSK) may be a target ?

[dontrader] 12/7/2013 14:29

So thats it then. Its all over after months waiting.

Where next for Barr?
Is there another target or was Britvic the perfect match?
I will hold as there is no reason why this shouldn't continue to perform well all on its own.

Don

[birdsedgeuk] 05/7/2013 21:25

Well time trader by traderdiary.co.uk

[deanroberthunt] 14/2/2013 13:13

Well Barr certainly fairing better on the news, BVIC is doen 18% over today and yesterday.

[swinging_dick] 13/2/2013 23:24

I don't think the merger is as dead in the water as the media are suggesting.
I'd add the company are doing well without it so don't care either way.

[losos] 04/12/2012 13:06

What's the latest on the Britvic merger ?

[dontrader] 12/11/2012 12:36

There is a report in today's Scotsman which says that there is a hiccup with the proposed merger.

One of Britvic's shareholders are unhappy with the proposed share ratio.

[jamielein] 08/11/2012 20:36

I've been watching BAG for a while and rejected BVIC due to their debt.

Although I have no idea what the enlarged group would look like, I prefer to invest where there's a strong balance sheet so won't be investing if the merger goes ahead.

[skinny] 12/9/2012 06:54

No publicity is bad publicity.



AWESOME Andy Murray toasted his stunning US Open triumph yesterday – with an Irn-Bru.

And he was piped into a reception in his honour to celebrate his epic five-set victory over Novak Djokovic.

Amid scenes of jubiliation, Murray was welcomed to the British consul general's residence in New York. A piper dressed in full Highland regalia blasted out Scotland the Brave as he made his entrance into the plush Manhattan rooftop apartment alongside his mum Judy.

A thirsty Andy promptly declined the other drinks on offer at the bash – before quaffing a glass of Irn-Bru to cheers from well-wishers.

[topvest] 10/9/2012 18:59

It will be interesting to see what people like Nick Train make of this proposed merger. I don't hold either, but have both on my watch list and hold Nichol. It will certainly create a fine UK drinks group with some fantastic brands. For AG Barr, the positive is the size of the enlarged group they walk away with. The negative is moving from a solid balance sheet to relatively high leverage. Is it worth it? On balance, probably yes as the debt should be manageable. Thoughts?

[praipus] 10/9/2012 18:17

Tracking Newtons holdings here:


Newton have disclosed holdings in BAG and BVIC so suspect they are arbitraging.

[jimbox1] 05/9/2012 10:53

Surprisingly muted response in the BAG share price to the BVIC merger proposal. BVIC is up 13% at the time of writing. BAG's share of the merged entity (37%) apparently already agreed, so the SPs ought to move in tandem. Could be an arbitrage opportunity to buy BAG and sell BVIC as BAG's market cap currently lagging 7% below the implied combined entity.

[call-logger] 29/5/2012 09:15

or you could just multiply advfn's figures by 3

[call-logger] 29/5/2012 09:13

I make it about £420m & just over 16 if you use the underlying eps

[scrapman] 29/5/2012 08:51

can any one help , advfns figures and bloomys are miles apart , what is current mkt cap and pe , anyone know

[cambium] 28/5/2012 11:04

Further to the Company's announcement on 30 April 2012 confirming that HMRC Approval had been obtained and following the passing of Resolution 15 at the meeting, it is expected that the Share Subdivision will become effective on 28 May 2012 (the "Effective Date"). On that date, the Official List of the UKLA will be amended and each of the Company's ordinary shares of 12.5 pence each will be subdivided into three ordinary shares of 4 1/6 pence each ("New Ordinary Shares").

[northernlass] 06/5/2012 03:40

EXPERT STOCK PICKS

AG Barr (target price 1,100p)

AG Barr (LSE: BAG), the maker of Irn Bru and owner of a strong stable of other soft drinks brands, is a holding for two of our Expert Eight managers: Nick Train (Lindsell Train UK Equity and Finsbury Growth & Income (LSE: FGT)) and Charles Montanaro (Montanaro UK Focus and Montanaro UK Smaller Companies (LSE: MTU)).

Barr has been a substantial holding for Train for donkey's years. Montanaro is also a long-term holder, but the firm has rather less weight in his portfolio than in Train's.

Barr is trading today at around the same share price as two years ago. Train tells us:

"It seemed plausible enough to us back then that the shares might tread water ... Why not sell, find another stock, then trade back into Barr after its couple of years in the doldrums?"

He gives three reasons:

"We were confident of Barr's dividend growth ... we covet the long run dividend stream it provides."

"We knew that the strong cash generation would ... permit the acquisition of new brands, or ... the build of new production capacity for existing brands in a new geography. This cash generation is a competitive advantage for Barr but because opportunities arrive haphazardly, it is impossible to know exactly when the competitive advantage will boost the share price."

"We are always reluctant to sell out of exceptional businesses, except on the most excessive of valuations."

In hindsight it might appear simple to sell a stock like Barr that's going nowhere for a while and to buy back in later, but Train warns:

"In real-time this is not such an easy thing to deduce or execute. Our conviction about the calibre of Barr's business and about the likelihood that its pricing power will protect long term shareholders against the ravages of inflation is much stronger than our conviction that the shares may or may not take a pause for breath."

Wise words indeed, in my view, and applicable for investors not just in Barr but in any high-calibre business.

So, at what price would our pro stockpicker be an enthusiastic buyer of more shares in the company? Answer: "Another 50p lower." Based on the price at which the shares were trading at the time, I put the target at around 1,100p.

Also,

Here's a couple of links about SCLP, one of the hottest stocks at the moment:

[dontrader] 26/4/2012 16:29

Noticed in the RNS about the annual report and AGM thay AG Barr arer to subdivide their shares again.

From memory they last did this about 3 years ago and the shares motored up at that point.

[martylangan] 16/8/2011 15:32

Broken arrow... any reasons or analysis to back up your comment or are you just a clueless speculator?

[broken_arrow] 10/8/2011 18:31

Over priced stock , get out if you can,looking at 200 to 250 price in few months time.

[ibrahim1962] 28/3/2011 16:45

Story on AG Barr published today

[nellie1973] 21/3/2011 15:36

broker upgrade today

[cambium] 27/1/2011 13:15

Another good set of results, good to see rubicon going great guns