Barr (a.g.) Share Discussion Threads

[philanderer] 18/10/2022 14:38

EI, they may have finished ;-)

[essentialinvestor] 18/10/2022 13:58

Hi Phil, appreciate the heads up, will hold off then.

[philanderer] 18/10/2022 13:56

Afternoon EI, big seller(s) about.. 560k printed so far today.

[essentialinvestor] 18/10/2022 13:07

Any current views here folks?.

[essentialinvestor] 13/10/2022 16:46

Tried some oat milk, Oatly, found it horrendous in tea. (may be just me) . Appreciate plant based is gaining momentum but the area looks fiercely competitive and tbf I cannot see the commercial logic, apart from existing distribution and manufacturing capacity, but does not look a money spinner to me. More like an expensive hype train sector. Perhaps I'm being too cautious.

[philanderer] 12/10/2022 13:39

Berenberg cuts AG Barr price target to 610 (650) pence - 'buy'

[spectoacc] 10/10/2022 15:56

Only got around to reading the IC comment on it today, they were pretty optimistic, but had concerns about the 3p Scottish tax on it. Minor point tho.

[philanderer] 10/10/2022 15:49

Stinking the place out today.

New two year low, chart support looks to be 379p

[philanderer] 05/10/2022 18:05

xd in the morning for the 2.5p dividend

[giltedge1] 05/10/2022 08:34

I think if you read carefully 1 in 3 drinks plant based drinks ie soya, oats etc. If you analyse the results a storming performance, Funkin earns £17M a year now (gross), I checked purchase price paid £25M for whole business a few years back, so soon earning 100% return on price paid per year. Moma paid £6M already earning £ 1M in six months & growing strongly, so better than cash in bank. speaking of I calculate will have £80M in Bank at year end, if you deduct cash from Market Cap, business valued at £450M earns £50M a year & growing. A broker recently said buy to £6.80 so at this level great buying, for a secure strong branded business. I have added £4.60.

[makinbuks] 03/10/2022 14:22

I find that Oat Milk stat hard to believe. Every third person you pass in the street drinks it? Really?

Carbon dioxide is a real issue and BEIS would do well to come up with a strategy to make the UK self sufficient/secure

[philanderer] 02/10/2022 23:16

Carbon dioxide price surge threatens £1.7bn extra cost for UK groceries

[essentialinvestor] 30/9/2022 14:43

Thanks Phil, hopefully more successful than the mineral water business bought a few
year back.

[philanderer] 30/9/2022 14:39

Afternoon EI, the only mention was this..

Oat milk : Across the UK grocery market, oat milk is growing 16% year on year, with one in three British consumers now drinking plant based milk.

(Source: Kantar May 22, Nielsen 52 w/e July 2022, Mintel Sept 2021)

[essentialinvestor] 30/9/2022 13:03

In for a small amount. Any update of their oat milk buy?,
was sceptical on that as mentioned at the time.

[ntv] 30/9/2022 07:41

Sold the bulk of mine for about £1.6k loss
A bit disappointed in them not pushing price increases through on cheaper products
Maybe they are due soon who knows

[philanderer] 29/9/2022 13:04

Investors Chronicle:

Impressive half for AG Barr

Buy

[philanderer] 28/9/2022 09:00

Liberum cuts AG Barr to 'hold' (buy) - price target 525 (655) pence

[philanderer] 28/9/2022 08:53

For some reason a pile of junk this morning.

[philanderer] 27/9/2022 09:57

Happy to hold on that release.

[philanderer] 23/9/2022 23:10

Interims tuesday

[philanderer] 02/9/2022 12:48

AG Barr (Barr Soft Drinks) – the maker of IRN-BRU – has appointed Marie Curie, as its new corporate charity partner. The partnership, which will run for three years, will see the soft drinks manufacturer pledge a minimum of £150,000 to the charity.

Barr Soft Drinks employees also commit to additional fundraising activities, spearheaded by ‘Charity Champions’ from across the business, to supplement the donation with hands-on support.

Over 800 Barr Soft Drinks employees from across eight UK sites were invited to take part in the company’s three-yearly Corporate Charity Vote. Results revealed Marie Curie as the people’s choice. The partnership came into effect in August with a launch plan involving the firm’s main sites and 900 employees to follow.

fundraising.co.uk

[philanderer] 25/8/2022 11:47

UK set for another carbon dioxide shortage as fertiliser plant halts production again

[philanderer] 08/8/2022 09:29

Berenberg sees value in AG Barr


Drinks company AG Barr (BAG) is managing to keep rising costs at bay with increased sales, says broker Berenberg.

Analyst Ashton Olds retained his ‘buy’ recommendation but reduced the target price from 660p to 650p on the maker of Irn-Bru, which was trading up 0.7% at 557p on Friday afternoon.

The group delivered a strong first half trading update last week ‘highlighting continued momentum within the business’, said Olds.

‘Like-for-like revenue growth of 19% was skewed towards volume growth, reflecting a recovery in the out-of-home and on-trade channels, as well as buoyant market conditions, supported by good weather,’ he said.

‘Pleasingly, the strong sales performance has kept rising costs at bay, with AG Barr maintaining its full-year profit guidance.’

Despite rising costs and the ‘sentiment overhang’ from the implementation of the Scottish Deposit Return Scheme – where customers will pay 20p extra for single-use containers but get that back when they return an empty bottle or can – Olds said: ‘We continue to think there is value at 12x EV/EBIT.’

Citywire.com