C&c Share Discussion Threads

[lbo] 16/5/2012 21:18

An EV/EBITDA of over 8

[lochgarman] 16/5/2012 19:01

lobby...and they were good..look at all that free cash ;-)

[lobby ludd] 16/5/2012 11:29

Anybody here ?
Final results were released today.

[wexboy] 20/1/2012 01:21

Hey folks,

This week I started The Great Irish Share Valuation Project on my value investing blog, where I plan to set a Fair Value Price Target for every listed Irish company. So far I've valued a dozen companies, including C&C:



I hope you'll take a look (if you've any feedback/questions, please don't hesitate to comment or email me), and/or become a regular reader.

Cheers,

Wexboy

[jrizzo] 04/2/2011 11:24

you mean good news??

let them do all the work
and then move in with magners after them?!?!

also, has anyone tried both?

I have, and much prefer magners taste

[lbo] 31/1/2011 12:43

Heineken's plans to turn Strongbow cider into one of its "global brands" is bad news for C&C

[lbo] 11/10/2010 22:39

Cider maker C&C is struggling to maintain Irish profits in a very depressed drinks market, with growth prospects now firmly tied to its plans for Britain and, increasingly, further afield.

hype surrounding the Magners push into Europe a few years ago which ultimately failed to deliver.

While the international potential of Magners may be a beacon of light for long-term investors, the immediate issue for Dunsmore continues to be wrestling the volatile Irish and British markets under control.

Although C&C first started out with Bulmers in Ireland, the poor state of Irish consumer spending is weighing on the stock.

A report on the stock by Davy pointed out that Irish excise statistics for July showed that C&C's consumption levels had fallen by 6.6 per cent between March and July. C&C said at the beginning of the year that its target was to ''defend profitability'' in Ireland.

Davy is forecasting a top-line decline of 9 per cent, and an 8 per cent decrease in earnings before interest and tax.

The picture in Britain is a bit rosier, although there are still several issues to be ironed out.

According to data from Nielsen, Magners volumes in the off-licence channel have increased 18 per cent but have declined 6 per cent in the pub trade.

This represents an overall lift in volumes of 4 per cent. The improved off-trade performance has been driven by the World Cup sales boost, as well as the longer-term benefit derived from the establishment of a solid off-trade sales structure.

However, problems remain with the fact that Magners does not have enough exposure to the fast-growing draught category.

[lbo] 23/9/2010 11:49

Euro rise above 85p hurts exporters here

[lbo] 24/8/2010 22:04

Many companies wouldn't last a minute with investment 'Dragons'



It is much the same problem with CRH (too many products, too many markets); C&C (they seem to sell half the company every two years to buy new toys); SiteServe (what do they do again?) and even poor old Boundary Capital, the latest company to exit ignominiously from the stock exchange leaving the rest of us wondering why they were allowed to linger on for such a long time.

[lbo] 29/7/2010 21:44

Magners hit by 15pc sales drop



C&C GROUP received a blow yesterday with the news that sales of its flagship Magners cider at British pubs and restaurants fell significantly between April and May.

According to Goodbody stockbrokers, the latest Nielsen on-trade data shows that sales of Magners declined 15pc in th

[jm99] 22/7/2010 09:33

does anyone know when c&c announce summer sales?

[jrizzo] 20/5/2010 10:23

bulmers price cuts
- I dont know if the publicans are passing these on

and 4 cents is NOTHING anyway.

Its a tough to go to war on prices with beer when you are already so far behind
because of stupid government cider duty.

here's hoping for a long hot and dry summer
and a good run by england in WC :)

[lbo] 10/5/2010 21:37

C&C has reduced the price of Bulmers draught cider in Ireland by 4 cents per pint with immediate effect.

The cut is part of a range of initiatives to boost the business, Bulmers said in a statement today.

The company already reduced the price of a bottle of Bulmers cider last year.

[lbo] 09/5/2010 21:17

Talk is BC Partners want to dump their shares but no buyers. Typical pump and dump on the poor retail fools!

[smicker] 02/5/2010 20:58

Sorry, an incredible deal




and now a takeover target

[smicker] 01/5/2010 10:04

Look back in the thread and a figure of 150m euro for these businesses was mentioned. Looks a good deal to me too

[jrizzo] 26/4/2010 10:52

SELLING OFF SPIRITS DIVISION??



I dont like this - its becoming even more specialized on beer/cider,
and I dont think x15 earnings is good enough for defensive sector play.

WHAT DO THEY NEED THE CASH FOR???????

dont they think recession is EVER going to END??

[ondebanks] 12/4/2010 10:09

That article is from November!

[lbo] 08/4/2010 08:29

THOSE planning a summer break in Ireland would be best to set aside some days in June as July and August are forecast to be far from hot.

[lochgarman] 25/3/2010 21:08

very interesting long term uptrend established here and long term breakout at the moment.

Is there a predator about?

Personally i hope not.

[lbo] 24/3/2010 22:11

Alcohol producers have slammed the "hikes" in duty on cider, beer, wine and sprits announced in the budget today (24 March), claiming that higher prices will hit jobs and sales.