Fevertree Drinks Share Discussion Threads

[wetdream] 04/4/2017 12:04

Tried their Mediterranean Tonic Water on its own (+ ice & lemon)yesterday over lunch.
Very pleasant. ;-))

[1savvyinvestor] 03/4/2017 17:24

Rodders you underplayed the results which was why I posted as well . 10 out of 12 picked fever tree ! And for me as an attendee evil knievel was the April fool.

[wetdream] 03/4/2017 16:31

60%+ of stock was held by institutions at the last count. I can't believe they'd give Cawkwell any credence, unlike PIs, perhaps.

[apad] 03/4/2017 12:26

Schweppes tastes of aspartamine, which is why we used to flood G&T with lemon and ice to disguise the taste.

I've done several tastings and FT wins hands down. What people have difficulty with is a gin preference unless you are down to a 2:1 ratio.

However, remember that they court controversy in order to generate interest.
As Tony Blair said to Roy Hattersley "It's only words, Roy"

apad

[martywidget] 02/4/2017 14:56

I would be far more impressed if he said what he expects the closing price to be on 2nd June 2017.

[bamboo2] 02/4/2017 14:39

MW, not all Gaps are created equal. The gap you discuss is a Breakaway gap which is a different kettle of fish to say a Common or Area Gap.

FEVR chart, like many others in a healthy uptrend, is littered with unfilled Breakaway Gaps, [often associated with 'ahead' type updates] and it is a myth that these always get filled. Breakaway gaps more often mark support zones, in my experience.

Perhaps this is just a stunt. If it comes off, he can be the one who got the top correct, and if not, it can be quietly forgotten.

[martywidget] 02/4/2017 14:26

Until an indication on the Ichimoku Kinko Hyo indicator or renko determines otherwise, etc.

Anyway, there is currently as yet no change in trend on the daily/weekly renko indicated yet, and no indication as yet confirmed on the Ichimoku Kinko Hyo indicator.

[wetdream] 02/4/2017 14:03

A 66k sell on Friday was absorbed with no problem by the market.
Sellers are certainly slowing the rate of increase currently, but my feeling is that institutions will soak up anything around £14.50.

[martywidget] 02/4/2017 13:25

Perhaps he's currently targeting/looking at a short for the gap on the chart in January [approx 1154-1183] to get filled.

[bamboo2] 02/4/2017 13:14

MW, Cakwell also tried and failed the same stunt at BOO late last year.

It's so weird, why not choose one of the legions of shares in a clear down trend, rather than trying to guess the top?

[doodlebug4] 01/4/2017 18:52

Cawkwell said this was a short over a week ago in the Master Investor mag. To be honest he's got some calls in the last year or so horribly wrong.

[wetdream] 31/3/2017 15:09

Sogoesit & Martywidget,
Thanks-I'll get reading!
;-)

[martywidget] 31/3/2017 11:30

And this one also:

Money & Speed: Inside the Black Box is a thriller based on actual events that takes you to the heart of our automated world. Based on interviews with those directly involved and data visualizations up to the millisecond, it reconstructs the flash crash of May 6th 2010: the fastest and deepest U.S. stock market plunge ever.

[Money & Speed: Inside the Black Box - (vpro backlight documentary - 2011)]

[martywidget] 31/3/2017 11:09

Worth watching, if you don't know what an algorithm is and how the real financial markets operate...

The Wall Street Code - (vpro backlight documentary - 2013)


Quants - The Alchemists of Wall Street - (vpro backlight documentary - 2010)

[sogoesit] 31/3/2017 11:04

I am not sure what you mean by the "computer algorithm", wetdream, but an "AT" is an automated trade initiated through the SETS system.

To that extent it is "computer" driven. So, for example, if you set an order with your broker, or directly, they will pass that on to the system which will match the numbers of your order to the numbers of shares available at the same price as you set.
The order is "filled" through the match and may comprise one or several "lots" of shares offered in the market. If so, it is likely that these "fills" are timed coincidentally to the second (since trading these days, I think, can be done to the millisecond).
One or two brokers that I use report the fills but not the timings to the second. But I can sometimes see them generated on Level 2 data to check.

I imagine your question about an algorithm refers to automated trades where traders have set computer generated prices/volumes to buy or sell which are then triggered by the market system. Sure, this occurs... but I don't know anymore than that.

[wetdream] 31/3/2017 09:59

Sogoesit-thanks.
One other question please-
Most trades on FEVR are 'AT's, but often have identical trade times - to the second.
Is it reasonable to assume that these particular trades are caused by a computer algorithm (or somesuch) and are, in effect, part of one single trade?
Again, TIA

[sogoesit] 31/3/2017 09:27

As far as I understand it, wetdream, they (still) are Ordinary trades ("O") carried out on the market through market makers. If brokers let you you, as a PI or with direct access, can trade between official market close, at 16:30, and 17:00 and between auction open, at 08:00, and 08:30 official open.
There are 5 minute auction periods between 08:00 and 08:05 and 16:30 and 16:35 'tho... when the UT (uncrossing trade is reported).

[wetdream] 31/3/2017 08:40

Could someone explain the after-market/pre-market blocks of conditional 'O' trades that end and start the trading day?
Why can't they be dealt with during normal trading hours?
TIA