Barr (a.g.) Share Discussion Threads

[simba_] 18/11/2021 12:53

What's the story on supply issues here now?. If I remember correctly, they were having problems. I'm a buyer here at the right price.

[essentialinvestor] 17/11/2021 18:05

Had another small amount.

Nice longer term upside in Funkin would expect.

Least said about Strathmore water the better, that acquisition was
around £13 million back in the day. Never seen it anywhere.

It was making over £1 million on pre tax annually at acquisition reportedly.

[essentialinvestor] 13/11/2021 18:05

".We remain on track to deliver strong full year profit performance, slightly ahead of our 2019/20 pre-COVID level."

The above from the H1 outlook, if that's the case FY unadjusted EPS of around 27.5/28 pence?.

Forward multiple very approx 18 X, net off the cash gives approx 16.5 X unadjusted ?.

[philanderer] 12/11/2021 14:05

More publicity ;-)

‘An emblem of Scotland’: how Irn-Bru stole the show at Cop26

Scottish fizzy drink already had deal shutting out rivals, but praise from Sturgeon and AOC was golden marketing moment

[strollingmolby] 11/11/2021 10:51

This should do no harm for overseas sales...

[m_kerr] 09/11/2021 16:15

following on from that phil, i also think it's fair to say irn bru has good pricing power to protect their margin. looking at the balance sheet and interest rates being where they are, it's a pretty obvious candidate for m&a if the share price languishes. the founding family own 15% which is substantial, but not insurmountable. lindsell train are long term shareholders who understand the value of brands, and would demand a very hefty premium. for a comparison, stock spirits went for 13 x ebitda, ag barr is about 9 x ebitda at the moment.

[philanderer] 09/11/2021 14:32

Crisps and soft drinks lead surge in UK food prices as inflation rises

[makinbuks] 09/11/2021 09:55

Good summary

[m_kerr] 08/11/2021 17:37

this is a very good little company, should generate about £35-40m of EBIT going forwards. coupled with the very substantial net cash of about £60m, that puts this at a very reasonable 13 or so times pre tax earnings on an enterprise value basis, which is as low as it's been in the last 10 years or so. it's a company that could be geared up, too, as it's got good brands, good returns on capital, and sees stable demand and margins throughout the economic cycle. at £9.50 a share it was well overvalued for a low growth company, but at less than £5 it's a different story. it's a good entry price for a very low risk share that should deliver solid income and growth over the long run.

[makinbuks] 06/11/2021 08:53

Sorry Philanderer I was being silly and meant the limited edition bottles!

FWIW I don't hold but have long been tempted. Its a great company but my concerns are is it ex growth, the valuation and to be honest I don't like the acquisitions as much as the core business. I do think the current price might just be a good starting point for a long term buy and hold

[philanderer] 05/11/2021 19:10

I hold but definitely do your own research. I'd never take advice from an anonymous poster on a messageboard.

My portfolio is only just beating the FTSE100 for 2021 and underperforming the FTSE250. I'd have been better off buying a couple of tracker funds in january ;-)

[makinbuks] 05/11/2021 16:59

Are you suggesting they are a good investment?

[philanderer] 05/11/2021 14:15

Commemorative Irn Bru bottles dedicated to Lanarkshire town as production plant celebrates 25 years

[philanderer] 05/11/2021 10:46

Read across from NICL update ?

[philanderer] 03/11/2021 15:22

'Five stocks to buy ahead of a rise in interest rates'


BARC, BT , LLOY, IHG and BAG

Scottish soft drinks manufacturer AG Barr is another company with plenty of cash to help it ride out a rise in interest rates, according to Ms Streeter.

“Although the business was hit by hospitality closures, cash generation has remained strong,” she said. "This has put it in a strong defensive position if rates rise.”

The Irn-Bru maker reported cash of £66m at the beginning of August, more than double the level it held at the same point last year. Shares in the business trade at well below their pre-pandemic high of 969p, changing hands at around 500p.

[philanderer] 07/10/2021 15:52

Added a few this afternoon.

[philanderer] 07/10/2021 11:54

BERENBERG RAISES AG BARR PRICE TARGET TO 570 (450) PENCE - 'HOLD'

[philanderer] 06/10/2021 14:56

xd tomorrow morning for the 2p dividend and 10p 'special'

[philanderer] 06/10/2021 14:16

The Daily Telegraph (Questor share tips): HOLD S&U; HOLD AG Barr.

[philanderer] 01/10/2021 11:37

AG Barr faces challenges, says Peel Hunt

Irn-Bru maker AG Barr (BAG) has been hit by supply chain problems resulting in extra costs, which are likely to offset some of the gains from sales inflation, says Peel Hunt.

Analyst Andrew Ford retained his ‘add’ recommendation and target price of 575p on the stock, which closed down 2.1%, or 11p, on Thursday at 517p.

He updated his earnings per share forecasts to ‘better reflect the moving elements of the business’. In a stock market update this week, the drinks manufacturer said it had seen ‘increased challenges’ across UK road haulage due to the Covid-19 pandemic and ‘risks associated with the wider labour pool’.

‘We update our revenue estimates and gross margin expectations, but increase the cost of operating,’ said Ford.

‘This is to account for the expected price increases allowing for improved recovery of the inflationary pressures in cost of sales, but increasing operating costs to reflect the impact of rising costs in supply and distribution.’

[philanderer] 28/9/2021 11:40

and to top it all off...


Irn-Bru maker AG Barr has revealed it is struggling to make deliveries of its drinks due to the HGV and supply chain issues.

The company said it continues to “monitor closely” the situation and is hopeful the issues can be resolved soon.

Updating the stock market, bosses said: “In recent weeks we have seen increased challenges across the UK road haulage fleet, associated in part with the Covid-19 pandemic, impacting customer deliveries and inbound materials.

“In addition, the risks associated with the wider labour pool and the current Covid-19 pandemic response are areas we continue to monitor closely.”

PA News

[philanderer] 28/9/2021 11:29

The soft drinks maker reinstates its dividend after a first-half earnings surge, but flags growth will slow for the rest of the year.

... "We do not expect to maintain the current level of operating margin in the second half, reflecting the rephasing of our increased marketing investment and our anticipation of increased cost inflation across the balance of the year," it says, looking ahead.

Alliance News