I'd lay off the sauce if I was you Clermont old boy. DGE will have barely noticed Red Leg given its scale. Captain Morgan's is a mass market rum with poor packaging & poor brand recognition but that won't stop it getting into every On & Off trade outlet in the UK due to Diageo's distribution channels. DIS have 4 employees - other than a quick trip to Cheshunt (Tesco) to pay for their listing they won't have time to do anything other than organise the Christmas party. Best of luck with it, if they're still in business in 5 yrs they'll be doing ok. |
I even saw someone DUSTING the bottles of Captain Morgan's in Tescos over the weekend.
LOL |
This Rum is taking the sector by storm:
Christmas sales rocketing if the market research done my myself and colleagues is anything to go by.
And guess what? DGE don't own it.
wwwaaa haaa haaa haaaaaaaaa |
Over 120% growth at interim stage for DIS (who own RedLeg).
Q3 trading (ie Christmas) update in January.
Just expanded into two new flavour variations (all getting a big thumbs up in online reviews)......AND now in collaboration with Franklins and Sons and for the canned RTD market (a further two new flavours - rolled out nationwide in Tescos and another major at a click).
DIS is innovative and RedLeg is currently hot. |
RedLeg is a mosquito on the back of Morgans, which is huge granted.......but in relative terms RedLegis growing at rip speed and drinkers are switching.
"Live like the Captain"
Hmm. Not sure about that these days. |
That comes as no surprise philanderer.
Captain Morgans looks like a pretty boring / tired brand these days.
Gradually losing market share imo... |
Diageo readies UK push for Captain Morgan |
Great distribution now in the main UK supermarket chains
AND
....the RedLeg range recently expanded into two new flavour variants and already rolled out nationwide.
PLUS
A RedLeg Rum collaboration with Franklin & Sons Cola and Ginger Ale in the Ready To Drink (RTD) isles....
Third quarter results are going to be interesting (due January).
The shares are sitting at 1.8p..........very close to a technical breakout.
Good luck. |
JPMORGAN RAISES DIAGEO PRICE TARGET TO 2,700 (2,475) PENCE - 'UNDERWEIGHT' |
DEUTSCHE BANK RAISES DIAGEO TO 'BUY' (HOLD) - PRICE TARGET 3,900 (2,850) PENCE |
Morgan Stanley upgrades to overweight..tp 3500p |
Diageo Announces 10-year Action Plan for Inclusivity and Sustainability |
BANK OF AMERICA RAISES DIAGEO PRICE TARGET TO 3,550 (3,300) PENCE - 'BUY' |
CREDIT SUISSE RAISES DIAGEO TO 'OUTPERFORM' (NEUTRAL) - PRICE TARGET 3,450 (2,750) PENCE |
SOCGEN RAISES DIAGEO PRICE TARGET TO 2,550 (2,400) PENCE - 'SELL'
BRYAN GARNIER RAISES DIAGEO PRICE TARGET TO 3,510 (3,330) PENCE - 'BUY' |
Good to see 3000p again :-)
Diageo recognised in Dow Jones World Sustainability Index 2020 for third consecutive year |
GOLDMAN SACHS RAISES DIAGEO PRICE TARGET TO 3,200 (3,000) PENCE - 'BUY' |
HSBC RAISES DIAGEO PRICE TARGET TO 3,490 (3,250) PENCE - 'BUY' |
JEFFERIES RAISES DIAGEO PRICE TARGET TO 3,500 (3,300) PENCE - 'BUY'
BERNSTEIN RAISES DIAGEO PRICE TARGET TO 3,660 (3,485) PENCE - 'OUTPERFORM'
KEPLER CHEUVREUX RAISES DIAGEO PRICE TARGET TO 2,900 (2,750) PENCE - 'HOLD' |