Fevertree Drinks Share Discussion Threads

[sogoesit] 10/5/2017 15:48

Any re-trace would look like 1600p on my charts, near term.

In terms of fundamentals, on 20 March, prior to results, the close was 1457p implying an actual P/E of 60 for the 21st March results. The intra-day low near term thereafter was 1349p so a "discount" of 7.5%.
We're approaching the half-year now so we should be expecting revenue of somewhere near £75 million in line with 50% growth giving a an EPS of 17.5p for the half year. Doubling that for an equivalent full year gives 35p. At a P/E of 60 gives £21 for the full year.
On that basis, I wouldn't expect a pull-back, depending how close we get to £21.
But, if growth is slowing then the implied P/E could drop to .... whatever your guess is.
Brokers forecasts are currently for 10% pa annum growth from last year so don't help much in any scenario here.
Conclusion: it's a bet ;-) Upside £21 or down to support at £16 in guessing the numbers.

[the big fella] 10/5/2017 14:18

The trading update has to be faultless to justify the rating. However the likelihood is it will be. I bailed at about £10 expecting a retrace but it never happened and I never did buy back as the price got away.

[discodave4] 10/5/2017 13:42

Any thoughts on timing an entry here.........before or after the imminent trading update?Will it be "materially ahead", or "comfortably ahead"......or?.Appreciate LTH views.DD

[sogoesit] 10/5/2017 13:13

Can we all go home early at 1700 or must we stay at the party?

My last target was about 1650p if I recall properly but, looking towards end year 2017, we could see EPS at 40p if there's outperformance on growth (that's £145 million gross revenue).
Priced at P/E 50 that's £20, I guess.
At P/E 45 that's £18.
So, end year over £20 looks reasonably (?) manageable and stay at the party to keep the drinks flowing must be the answer.
Good luck

Unfortunately I wasn't able to celebrate much today as the Madagascan Cola was sold out in Sainsbury.
I was forced to buy the Ginger Ale and, with a slice of lemon & ice, it's pretty nice.

[martywidget] 10/5/2017 06:17

Why Fevertree shares have ‘plenty more growth to come’
5 May 2017
Alan Rowsell, who runs the high-performing Standard Life Global Smaller Companies Fund, has revealed the reasons why he keeps owning Fevertree shares, despite the enormous share price gains.

[staverly] 09/5/2017 22:15

Profits warning triggered because business is ahead of market expectations

[lupins2] 09/5/2017 21:50

excuse my ignorance but + Pw is exactly what. Sorry if its a stupid question-- still learning.GLAH for Monday.

[ccr1958] 09/5/2017 17:05

Think I might celebrate , with a VAT :))

[wetdream] 09/5/2017 15:19

Yup, seems to take a few days consolidation, then onwards & upwards!

[martywidget] 09/5/2017 13:44

May 5, 2017
...Shore Capital turned cautious....

...Fever-tree offers strong growth potential from an expansion into the dark spirits market.. valuation of more than 60 times earnings... falling to 30 times after 10 years...looks difficult to justify, said Shore.

[terry topper] 09/5/2017 10:01

Approaching 1700p - will be interesting to see if it can burst through - from memory this is the price target for a couple of the brokers

[sogoesit] 09/5/2017 09:57

Certainly seems to be clearing the "1650p level" in anticipation.

[terry topper] 09/5/2017 09:31

As wetdream says there will be a trading statement with the AGM on Monday followed by interim results towards the end of July.

[wetdream] 09/5/2017 09:28

Presumably with AGM on 15th May.

[finbarot] 09/5/2017 08:45

When are the next results due?
Thanks

[wetdream] 09/5/2017 08:37

Strangely repetitive daily trading pattern. Up first thing, then sellers bring it down to sub-£16.50.
Profit-taking ahead of results?

[wetdream] 08/5/2017 15:38

May have to wait for the AGM before the share price clears and holds £16.50.

[m4ybe] 08/5/2017 08:17

New highs as the drinks sell well, and brand strengthening, in the French celebrations.

[panic investor] 06/5/2017 20:19

Is that Chrome v2.may ?

[melton john] 06/5/2017 18:16

I'm looking for "strong and stable" bamboo2 lol. I've heard that before somewhere.

[bamboo2] 05/5/2017 22:26

fwiw, If you want to use JAVA applications on advfn, IE seems to be the only choice for now. Otherwise I have found Chrome to be reliable and stable.

[melton john] 05/5/2017 20:46

Yeah, almost as good as Firefox and doesn't have issues with other progs like Java and plugins like Firefox. Crashes very occasionally but restarts ok.

[panic investor] 05/5/2017 20:39

I.E. still exists ?

[melton john] 05/5/2017 20:37

Staverly, re cut and paste prob. Are you using Microsoft Edge browser? It won't let you. I bought a new laptop with Edge and gave up, use IE 11 instead.