reduced again = now only 2.35% short. they will exit without a 'squeeze' at this rate. |
well hat tip to them for getting this right but they are reducing at speed.... |
2.71% 26 Jan 2023
BlackRock Investment Management (UK) Limited 3.41% 25 Jan 2023
BlackRock Investment Management (UK) Limited 3.59% 20 Jan 2023
BlackRock Investment Management (UK) Limited 3.66% 13 Jan 2023
BlackRock Investment Management (UK) Limited 3.89% 5 Jan 2023
BlackRock Investment Management (UK) Limited 3.97% 21 Dec 2022
BlackRock Investment Management (UK) Limited 4.09% 16 Dec 2022
BlackRock Investment Management (UK) Limited 4.20% 15 Dec 2022
BlackRock Investment Management (UK) Limited 4.33% 14 Dec 2022 |
One product companies on crazy p.e's if they hit a bump in the road, not good. |
If the bottles are that expensive to produce, perhaps they should consider re-using them. Where we are, there is a large brewery, that has always paid a deposit. There is also a dairy nearby that has returnable bottles. |
I am a big fan of Fevertree and am particularly partial to the Elderflower Light Tonic Water.
I would probably invest in the company at a sensible price given its potential for growth outside the UK.
A P/E of c50 and a dividend yield of c1% is not sensible though. Nick Train - what were you thinking?
Its at least 100% higher than it should be.
Lets face it its gone ex-growth in the UK already. Its also been on the wrong end of inflation not being able to fully pass on its cost increases because it has an outsourced production and too high a glass bottle mix.
Personally, I buy the cans and prefer those. Why don't they switch more from bottles to cans?
13% constatnt currency growth in the US was nothing to shout out about either. What about volumes? |
Its a short term short, that's for sure.
Ridiculous P/E for a company in a strategic mess. |
Hi,
Even allowing for today’s drop in sp, I have calculated that P/E Ratio based upon projected Net Profit for 31/12/22 is about 46 and for 31/12/23 is about 45.
So revenue is projected to grow but the significant cost increased will lower EBITDA and Net Profit resulting in a much higher P/E ratio than today’s 28.
To reflect todays P/E of 28, the so would need to fall to approx £6.18 from today’s £10.20.
On that basis, has the so got further to fall before representing good value?
Thoughts? |
I can't understand why the market gives this a high p.e rating.Have they got their followers whatever the figures. It is a good product. |
Need to get the header updated:
Major Shareholding
Name. %
Lindsell Train Investment Mgt. 14.07.
Capital Group. 8.51.
Fundsmith. 7.65.
Charles Rolls. 4.88.
Tim Warillow. 4.78.
Baillie Gifford. 4.03.
NinetyOne. 3.74. |
Nail on head Tiger. Forecasting sales growth and flat EBIDTA next year. |
well i was wrong obviously albeit i think there is undoubtedly some uncertainty as to whether that £20m headwind will be real or not. comparing prices to pre 21 would of course be higher. spot prices today will have fallen significantly from their highest point. can we agree on that? |
in Nov I warned UK sales were poor.
EDWARDT tells us glass is down a chunk.!!
However, the impact of elevated European energy costs into glass bottle pricing will be material in 2023. Whilst energy pricing has recently reduced, it remains volatile and at least three times higher than 2021 levels, impacting both the cost of raw materials and the direct energy cost in glass manufacture.
-- As a glass-led business, with c.80% of our sales mix in glass bottles, we are particularly exposed to this significant headwind. We now estimate that the direct energy component of glass manufacture alone represents a c.GBP20m additional cost to the business in 2023 compared to our prevailing glass pricing in Q1 2022
The above backs me up that glass is still going up in price.
I expect more bad news to come especially on MARGINS
Tiger |
Positive trading statement, i can't see the negatives that the market can see. buying opportunities as this has been overdone IMO |
A very poor UK performance. Most UK drink companies are increasing revenues by 10% due to inflation. Fevertree -2%. Very poor. Profit warning on glass as well. Overvalued. |
26th January 2023 - FY22 Pre-close trading update
March 2023 FY22 - Preliminary Results |
Does anyone know when the trading stmt is due ? |
Cost of glass down a chunk
Really?
tiger |
Transatlantic freight rates have plummeted.Cost of glass down a chunk.Headwinds turning to tailwinds. |
...nb, Swissair. |
FWIW, just arrived into Singapore from London and was pleased to see Fevertree on the drinks trolley as their standard tonic for G&T's. Nice. |
gipps
It was not great.
We have lost a few smaller pubs and lots closed over the last few days due to staff shortages etc ( so missed some trade)
January will be tough ( a fair few pubs closing some big chunks of January) and I think it will be spring before we see the light.
tiger
Bulltradept.....The filter button is there for a reason. Use it. Happy new year. x |
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