Fevertree Drinks Share Discussion Threads

[wetdream] 21/3/2017 13:32

RSI looks more reasonable at 60.

[1savvyinvestor] 21/3/2017 13:15

Annoyed I didn't have cash to top up on that fall . Oh well still got a good chunk in here

[villarich] 21/3/2017 10:22

Yes Greek Islander I'm back in and topped up on original holding. I've only lost 8 shares plus some fees. Annoying but got to accept it.

[wetdream] 21/3/2017 10:20

My guess is that Rolls, with his connections, will focus on growing the US business.

[greek islander] 21/3/2017 09:59

Villarich
Hope you bought back in - as I thought the share price is recoverin very strongly and should end up close to the price it was at the SOD.

[wetdream] 21/3/2017 09:27

With over 60% of shares in the hands of major shareholders, there's a very limited float and the share price will be subject to periodic 'flash crashes' as were signalled yesterday.
As long as Rolls holds onto his 17m then the share price should regain its £14.50-ish position.
Imho.

[villarich] 21/3/2017 09:27

I plan to and increase my stake after the dip but it still means I've lost a few shares due to immoral behaviour.I didn't think my trailing stop was too close but the dips in the last two days were unexpected. Oh well.

[1savvyinvestor] 21/3/2017 09:16

Buy back then straight away !

[greek islander] 21/3/2017 09:16

Market makers were eying a quick profit on the day by marking down despite all expectations being met by the results. Despite a walloping big increase in the dividend pay out. Many will have been caught out by automatic stop loss. It should settle down between 1400 and 1450 once the weaker holders have been either frightened off or taken long term profits. But then nothing is certain in the market these days. I predict the share price will end slightly lower on the day but regain that the following day.

[villarich] 21/3/2017 09:08

I am fuming this morning. Not at the news which confirmed a strong year for Fevertree, but with the fact my trailing stop loss was triggered at £13.60. There is absolutely no reason for the mark down this morning. The results were hardly new news were they? There were no nasty surprises at all. This is down to market makers marking the price down to trigger stops and hoover up the shares for themselves. Fuming!

[ccr1958] 21/3/2017 08:48

Great results ,excellent product and growth .. I am back in !

[neurolodger] 21/3/2017 08:21

MWPlease pardon my ignorance - what is reason to expect share price to go down after opening?

[madmix] 21/3/2017 08:10

GI,

Prior to today, market forecasts were for a 6% rise in PBT from £35m in 2016 to £37.2m in 2017. So they certainly set the bar low.

I'm not expecting 73% revenue growth in 2017, but something like 40-50%.

[sogoesit] 21/3/2017 08:08

Indeed; market currently rating it in high 50's trailing P/E.

[martywidget] 21/3/2017 08:04

As anticipated, opening down after preliminary results:

Fevertree Drinks PLC Preliminary Results
21/03/2017 7:00am



I see some aren't using a particular harmonic chart/gann square nine etc, oh well! oh yeah, and my crystal ball!

[greek islander] 21/3/2017 07:55

Results are clearly exceptional and will strongly beat the broker forecasts but much as expected. Difficult to work out what effect this will have on the share price Up one would think but perhaps back to £15 is all we should be expecting then we can hope for more. Most important is will investors see scope for a further similar trading revenue increase in 2017 or has the bar been set a little too high? PS Early sell off guess profit taking, not unusual but it should hopefully settle down once the market appreciates what an amazing company we are dealing with here. Unrivalled growth continues with the promise of much moe.

[wetdream] 21/3/2017 07:36

Great results, as expected, so interesting to see how much is already in the price.
Rolls moving to non-exec role probably no surprise. Just hope he holds onto his shares!

[sogoesit] 21/3/2017 07:32

Quick summary of prospects for fiscal 2017:
Revenue growth of, say, 60% gives £163m
At 35% EBITDA that makes £57m and Earnings of 40p/share (57 x 0.80 / 115).
P/E of 50 > £20/share.
Is that a Buy?

[broadwood] 21/3/2017 07:08

"2016 has been another exceptional year of growth for Fever-Tree, with strong results achieved across all regions, channels and flavours, emphasising the global appeal of the Fever-Tree brand. As the pioneer and market leader of the premium mixer category, in both market share and reputation, our quality, award winning range of products continues to help drive the momentum towards premiumisation and simple long drink mixability that is transforming both the spirits and mixer categories worldwide

I think we can drink to that.

[sogoesit] 20/3/2017 21:47

Not to forget that there are other elements at play than "just" revenue.
The Update was quite specific about revenue but, additionally, it separately talked about cash-flow (profits and profitability).

On cash-flow:
"Over the period, Fever-Tree's free cash flow generation and balance sheet have remained strong. Accordingly, the Group's year-end net cash position is anticipated to be ahead of Board expectations."

So, although they probably will not overshoot on the £102m, they have raised expectations on profits and profitability.
Also we will get an updated view on how Q1 trading is going and see whether "acceleration", mentioned in the last update, continues.

[wetdream] 20/3/2017 20:48

I don't see the company being anything less than optimistic-otherwise what's the point?!
I guess the question is whether the competition choose to compete, or give in and take Fevertree out.
Even if they choose to compete, could be good news and expand the whole mixer sector.
So win-win!

[apad] 20/3/2017 19:50

"The Board is pleased to announce that the strong growth achieved in the first half of the year accelerated in the second half of 2016. It is expected that sales in the second half will be ahead of the prior year period by 75%. As a result, full year revenue is expected to be circa £102.2 million, reflecting growth of 73% on 2015."

from rns, maybe I'm being a little optimistic.

apad