Jefferies cuts Fevertree price target to 1,000 (1,150) pence - 'hold' |
US recession looming, FEVR might have a few issues going forward.. |
Probably because Trump said he would ban taxing tips for bar staff. |
Wow it's true! Not sponsorship per se, but still happy to be known as a partner! |
Seems that Fevertree is trending as they have sponsored the Republican Party Convention along with Starbucks. The liberal left saying they will switch mixers!!"Among the many questions this raises, why *is* a London-based drinks mixer company co-sponsoring the Republican National Convention?@FeverTreeMixers" |
What's prompted this fall today? Broker downgrade? |
Thanks guys. well who knows what could happen here |
Carlsberg shares were on course for their largest single-day decline in more than four years on Friday, after the British soft drinks maker Britvic said it had rejected the Danish brewer’s £3.11 billion ($3.9 billion) takeover proposal.
Shares of Carlsberg were down by 8.7% at 09:04 a.m. London time, according to LSEG data. This is the company’s largest single-day share drop since March 12, 2020, when stock fell 8.77%.
Britvic surged by 12.5% on the back of the same news.
This breaking news story is being updated... |
https://www.cityam.com/robinsons-squash-maker-britvic-rejects-3bn-takeover-bid-from-carlsberg/ |
How about Fevertree joining up with these guys?! |
The U.K. summer so far is not helping. |
Need to see some growth in ROW including Australia. Got the in laws coming over next weekend and have just got some ginger ales, raspberry lemonade and Italian blood orange soda in from the Fever-Tree range. Also spoke to someone else at the supermarket till and she says the FEVR drinks are great |
Sounds good, my average is 2489, divis included but holding for the same reasons! Good luck! |
 I first bought FEVR in 2014 and have increased every year in the 10 years since. Trimmed a few times and my net cost is about half the current price. Divis ignored.
My current focus is entirely on the US where they employed americans to manage the company, rather than running it from the UK.
As a result they are rolling out steadily and sensibly through States as if they are different countries, creating appropriate mixers and linking with spirits companies.
They are doing better at surviving the difficult markets in consumer products than a lot of companies with different products and the brand is difficult to attack.
Brands have marketing value that is not represented in the balance sheet but shouldn't be ignored.
It's my second biggest holding so I won't be increasing, but I think now is a good entry opportunity. Negative broker comments and a difficult world is the right time to buy solid companies with a lead over the opposition. Especially when they are moving through a country much richer than the ROW.
apad |
I'm a long term holder, tiger castlesford |
CTFair point on price increases.Folks will and have always said this is too pricey on a PE, but it's not on PEG (it's 12m F/cast is only 0.8).It's all about conquering the US - if they can!.Being patient and haven't bought yet as waiting for signs of a breakout above c £12.All the best too. |
DISC
yea wording is wrong by me.
Looking at total revenue if its up 6-9% its actually down as they put prices up 10% last time around.
Clearly still growth in the USA but is it slowing?
I am pretty sure they are buying sales by offering big incentives
TBF same here.............when supermarkets discount the big bottles sales jump up.
I just find it very fully valued.
cheers on MPAC and i hope a bit more to come
all the best
Tiger |
Anyone know when the next TU is please? |
Good day CT"growth is faltering"Think that should be clarified, the UK perhaps but definitely not the US. Don't think you could say +22% Rev is "faltering", plus total Rev growing +6% to +9% is hardly "faltering" either.As for brokers - they all have their own agendas!....and if you look at the analysis around what they say will happen and what actually has happened they are worlds apart.All the best and congrats on MPAC (their pension deficit was my issue but could soon be history and a significant bonus?) |
A broker agrees with me then. This is too high and growth is faltering.
Its well held by many big funds that will continue to support it.
You do not want to be last off the bus ( in my opinion )
the poor uk weather will not be helping either.
tiger |
GS downgrades to sell from neutral |
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