Coca-cola Hbc Share Discussion Threads

[volsung] 04/7/2019 10:54

Coca-cola will become a pariah soon. Producing millions of one-time use plastic bottles will soon become illegal

[salpara111] 04/7/2019 10:26

Not clear but if you look at the share price chart it is punctuated with periodic sharp drops....I guess nothing goes up in a straight line.
If there is no news over the next 24 hours I would be tempted to take a stake.

[red5] 04/7/2019 10:04

why the drop today?

[philanderer] 21/5/2019 12:49

Deutsche:

CCH’s share price reaction (down 7-8% initially, -5% now is overdone in our opinion considering (1) the attractions of the standalone investment case (and upcoming capital markets day), (2) a CCBA deal seemed unlikely on a 6-12 months view anyway, given the recent special DVD announcement, (3) today’s news doesn’t rule out KO refranchising CCBA at some point in the future (KO is and remains committed to a franchise model).

We believe the shares have overreacted on the news, with possibly some short term 'event-money’ coming out of the stock, and we would take this as a buying opportunity.

Goldmans

Mispriced for growth: We continue to believe CCH is undervalued for its
ngrowth advantage to the sector. The shares currently trade in line with the broader European Staples sector (c.23x on 2019E P/E) despite offering organic sales growth that is c.200bps above peers (FY19-21E organic growth +5.8% vs. sector +4.0%).
Further scope for margin expansion: We believe current company guidance of
n+11% comparable EBIT margin is conservative for 2020E. CCH delivered FY18 EBIT margin of +10.3%, a 70bps increase from 2017 (in line with the 5-year average annual margin expansion).

We note the current guidance implies c.40bps margin expansion p.a. to 2020. Benchmarking CCH to other Coke bottling peers also suggests there could be scope for over-delivery of CCH’s 2020 target as well as potential for margin expansion beyond 2020 (the average EBIT margin for listed Coke bottlers was c.12.7% in FY18, with best-in-class CCEP at 13.7%). We therefore assume 2020E EBIT margin of 11.3% and 2022E margin of 12.6%.

Balance sheet optionality provides additional upside: CCH’s FY19 net debt to
nEBITDA of 1.1x (on our estimates) remains materially below both the European Staples sector at c.2.0x and the 1.5-2.0x target outlined at its last Investor Day (2016). This is despite the announcement of a special dividend of €2.0 per share at its 1Q19 results, the equivalent of €730mn total consideration (and 6% special dividend yield).

We continue to believe the company’s lean balance sheet provides scope for additional upside to the shares from cash use:
Special dividend: If the company chose to lever up to the top of the provided
otarget in 2019, we see scope for the announcement of a second special dividend for a total consideration of c.€1bn (or c.€2.7 per share); this would imply a potential net gain (special dividend yield less EPS dilution) of high single digit.


Generic acquisition: Levering up to the top of the provided target range
oimplies high single digit to low double digit 2020E EPS accretion (assuming different levels of synergies), on our estimates. The company has indicated during its 1Q19 results conference call that while the proposal of a special dividend does increase the company’s FY19 leverage ratio, it does not affect it pursuing M&A.

[philanderer] 21/5/2019 12:44

Yesterday's fall..

"..Coca-Cola HBC suffered heavy losses after Coca-Cola announced that it will keep its majority stake in Coca-Cola beverages Africa "for the foreseeable future". The company had previously announced its intention to refranchise the business, which is the largest bottler of Coca-Cola beverages in Africa."

Sharecast.com

[musicgibbon] 20/5/2019 14:19

Nothing that I’ve been able to find. Concerns about German economy appear to have hit the market as a whole today but I wouldn’t expect that to impact CCH so considerably.

[rounder2] 20/5/2019 13:30

Is there no news flow ???

[bulltradept] 20/5/2019 13:28

Time to buy buy buy.

[musicgibbon] 20/5/2019 13:04

Anyone got any idea why the share price just dropped 8%?

[bulltradept] 20/5/2019 12:54

Mmmmmm am wondering why currently?

[palace3] 02/5/2019 21:38

I should have stated that it was the Whitbread shareholders card that gave the 25% discount at Costa's. The Costa card just gives points as I am sure you are aware.

[palace3] 29/4/2019 20:28

Any one know if old costa card from Whitbread giving up to 25% discount will be introduced by CCH. have written to them but no reply yet.

[eentweedrie] 29/11/2018 19:47

is there anyone there???

[eentweedrie] 16/11/2018 10:21

great momentum

[eentweedrie] 07/11/2018 14:12

looking good for tomorrow

[sparky333] 15/9/2018 13:34

At this rate we will all be dead and buried before a resolution.

[soggy] 04/9/2018 21:21

What I don't entirely understand is why it is moribund. There is actually still a little bit of money left in the company - I think a few years ago Fosset said it was still worth something like 30 or 40p. They could return that if they wanted.

Do the Nils still have any involvment of have they just written off their entire money? I effectively have, but I had a lot (for me) in it and would always appreciated even a % in the £ back if there is any...

[sparky333] 27/8/2018 17:25

11 years now and the company hasn't even given results since 2016.What makes me even madder is a debt for several million outstanding to Oiax limited is a company fossett works for or his son works for. How does that work ? WTF !!!

[moormoney] 10/8/2018 22:14

Is this the same CCH company previously suspended? If so I have not had any communication about it trading again? After such a long time that would be great news. Any communication to you Soggy?