Fevertree Drinks Share Discussion Threads

[juzzer100] 01/11/2017 20:26

Cracking analysis Bamboo!

[panic investor] 01/11/2017 18:46

Grabbed a few at 1972 and 1982

[bamboo2] 01/11/2017 18:37

josh, Well done on 1953. I did try, but was not quick enough. Frantic trading this afternoon. It reached feverpitch.

I am fairly certain that todays low was the potential turn I was anticipating. I guess this is the pre-results low. Next turns as per previous post if interested. Cheers.

[martywidget] 01/11/2017 17:21

Ichimoku Kinko Hyo

1-Nov-17 2025 ▼ Wed FEVR London
1-Nov-17 2025 Bear Kumo Breakout
1-Nov-17 2025 Bull Tenkan/Kijun Cross Weak
9-Oct-17 2167 Bear Senkou Span Cross Neutral
15-Sep-17 2281 Bear Kijun Sen Cross Weak
15-Sep-17 2281 Bear Chikou Span Cross Weak
etc....

[christh] 01/11/2017 16:17

Fevertree's Market Value Even More Exotic Than Its Fizzy Tonics
Thomas Buckley
July 26, 2017, 6:59 am
Editor's Choice

(Bloomberg) -- Fevertree Drinks Plc’s winning formula goes like this: 40 workers, a dozen soft-drink flavors in small bottles and a market value reminiscent of the bygone dot-com boom.

Investors can’t get enough of it, and the stock shot up as much as 24% after the seller of high-end tonic water made from Congolese quinine reported earnings that beat analyst estimates and said full-year results will be “materially” ahead of expectations. The shares have soared 87 percent this year, making Fevertree one of the half-dozen best performers among the 100 largest stocks on the FTSE AIM 100 Index.

The stock has more than quintupled in the past two years as the company’s tonic waters have gained market share from larger rival Schweppes. With exotic ingredients that also include ginger from Ivory Coast and India, its mixers are increasingly promoted by bartenders who blend them with artisanal gin and other spirits.

The London-based company had “another blockbuster period,” wrote Nicola Mallard, an analyst at Investec. The company announced first-half adjusted earnings of 25.2 million pounds ($32.8 million) as sales gained 77 percent.

Fevertree has been mentioned by Shore Capital analyst Phil Carroll as a potential takeover target for distillers such as Pernod Ricard SA and Bacardi Ltd. The shares rose to a record 2,156 pence in London, posting the steepest intraday gain since Fevertree’s initial public offering in 2014 and giving it a market capitalization of 2.4 billion pounds ($3.1 billion).

The drinks maker, which started selling its Indian tonic water in the U.K. in early 2005, has expanded distribution of its smaller-can format to drive incremental growth at retail outlets. It is also introducing new flavors such as Madagascan cola to mix with dark spirits including rum and has agreed to sell its products across the Virgin Atlantic fleet starting this month.

Fevertree says production is largely outsourced, leaving its handful of employees to focus on marketing and other functions. It’s a similar business model to the one employed by Casamigos, the tequila brand that the actor George Clooney and business partners recently sold to Diageo Plc for as much as $1 billion. For the tonic water maker, it produced an operating margin of 33.6% in 2016.

[christh] 01/11/2017 16:10

28 Jul 17......Shore Capital......Hold..................Retains
28 Jul 17......Berenberg..........Buy......2400.00......Reiterates
28 Jul 17......Whitman Howard.....Hold......2100.00......Reiterates

Skinny
Try this.

[skinny] 01/11/2017 16:06

Chris - a general question - which site are you using for the broker views.

The one I normally use no longer works.

[christh] 01/11/2017 16:00

Latest broker views
Date Broker Recomm. Current Price Price when issued Old target price New target price Notes
28 Jul 2017 Shore Capital Hold 1,983.50 2,058.00 - - Retains
28 Jul 2017 Berenberg Buy 1,983.50 2,058.00 1,850.00 2,400.00 Reiterates
28 Jul 2017 Whitman Howard Hold 1,983.50 2,058.00 1,700.00 2,100.00 Reiterates
20 Jul 2017 Whitman Howard Hold 1,983.50 1,781.00 1,700.00 1,700.00 Reiterates
07 Jul 2017 RBC Capital Markets Outperform 1,983.50 1,686.00 1,950.00 1,950.00 Reiterates
15 May 2017 Whitman Howard Hold 1,983.50 1,704.00 1,250.00 1,700.00 Reiterates
15 May 2017 Shore Capital Hold 1,983.50 1,704.00 - - Retains
20 Apr 2017 Berenberg Buy 1,983.50 1,572.00 1,450.00 1,700.00 Reiterates
24 Mar 2017 RBC Capital Markets Outperform 1,983.50 1,473.00 1,700.00 1,700.00 Reiterates
21 Mar 2017 Shore Capital Buy 1,983.50 1,462.00 - - Reiterates

[christh] 01/11/2017 15:58

The rapid growth of premium drinks brand Fever-Tree shows no sign of slowing as the posh tonic maker upgraded its profits forecasts following a 77pc spike in revenues.

Fever-Tree’s share price is 15 times higher than when the company floated in late 2014, with shares spiking a further 21pc following the publication of its first-half results on Tuesday.

It was last year’s best performing stock on London’s junior Aim market and has consistently smashed expectations as it capitalises on the remarkable growth in demand for gin.

Chief executive Tim Warrillow said he was “delightedR21;, particularly with the company’s performance in the UK, where it enjoyed growth of 113pc in the first half of the year.

Overall, revenue climbed 77pc to £71.9m, compared to £40.6m in the first half of 2016.

“The really encouraging thing is that we are seeing growth across all regions,” said Mr Warrillow.

“In the UK [the mixer category] is now the fastest-growing soft drink category, growing at 17pc in the first half of the year. And the statistic we are proudest of is that Fever-Tree contributed to 99pc of that growth, so it is very encouraging.”

Fever-Tree’s Ebitda (earnings before interest, taxes, depreciation and amortisation) rose more than 100pc from £12.4m to £25.2m.

In continental Europe, revenues rose from £13.4m last year to £22m, while US revenues climbed from £9.2m to £13.2m.

“We have always felt very strongly that gin and tonic as a movement will never be a fad,” said Mr Warrillow.
Fever-Tree is trying to expand its global operations
Fever-Tree is trying to expand its global operations

“It is fundamentally a great drink that is well loved, and all this is is an improvement on the gin and tonics that were available before. We have a whole world of fantastic different gins out there and now really good mixers to go with it.”

Earlier this year, Charles Rolls, one of the company’s founders sold a stake of around 4pc in the company for more than £70m.

The company has been suggested as a potential takeover target for drinks giants, but Mr Warrillow said it is just focused on further growth.

“We have had this mooted from the start of our life on the public market, that they think there will be interest from spirit companies, beer companies and soft drink companies,” he said.

“I am sure there is interest, but that is not something we are focused on. We are really focused on this growing opportunity that we see ahead of us.”
Related Topics

[skinny] 01/11/2017 15:48

Gap to fill from late July?

[juzzer100] 01/11/2017 15:27

Marty - it's not just hipster bars it's pretty much every pub or bar these days. FT a fantastic choice as the bar can put a serious mark up on it... and no one will complain about the taste!

[villarich] 01/11/2017 15:13

No one is having my shares. Holding for the long term

[juzzer100] 01/11/2017 15:01

Am i the only one here thinking about all the years of my life? :-) Vaguely calming!

I can't agree more re pre-news nerves. I am in this for the long term tho as it is a fantastic product.

[sogoesit] 01/11/2017 14:57

Sure, that’s the problem when you give liquidity to the market as the directors have done.
Should’ve kept it tight; like PPH. Then it goes in one direction.

[martywidget] 01/11/2017 14:53

I actually prefer the Fentimans traditional ginger beer to the Fever-Tree Ginger beer.

[joshgroeny] 01/11/2017 14:52

MMs capitalising on pre-results nerves!

[joshgroeny] 01/11/2017 14:51

Just picked up 200 at 1953..

[juzzer100] 01/11/2017 14:43

Taken a punt buying at 1982... who knows!

[bamboo2] 01/11/2017 14:39

Started buying back at 1980 ish.

Too early to say for certain, but selling this morning [albeit at a small loss] has 'saved' approx £7-800. Got room for some more.

Who says charting is not worthwhile?

[villarich] 01/11/2017 14:38

This is nuts. Ah well. Time to turn off the monitor and come back tomorrow!

[juzzer100] 01/11/2017 14:35

Stop losses at 2000 triggered. Now let's wait for the bounce!