This is now ex growth, christ knows what its doing up at these silly levels, needs to fall at least a further 75% |
Disc0
Poor numbers and stock leaking into trade at big discounts.
I didn’t fancy this and some ( not you) gave me some stick.
Worse to come as Europe is now in decline.
Still a massive premium and unless a bid comes it will go cheaper.
Be careful out there.
Tiger |
You're not alone. Still expensive on price to earnings but the brand is strong and the selling and distribution synergies would be huge to a larger player. |
I bought a few today for take-over opportunity - stronger brands than Britvic - but I could be wrong (usually am) |
Posted a while back that it's the potential improvement to gross margins that's the lure here for me, along obviously with US growth.They have increased gross margin by 5% to nearly 36% but still some way off from their historical high of 55%. The US growth though isn't too impressive IMO and now they've cut their total revenue forecast growth for the year to 4%-5%, virtually 50% less than their previous guidance - so despite the positive headline spin this is a profit warning.Still like the business but the growth now looks iffy for the rating / expectations. Also concerned about the potential taxes the new government may impose or increase - glass, sugar (SDIL).Will keep watching. |
Remaining on the watchlist. |
14 p eps x 12 at most ! 168p ! |
Punchy valuation. Growth repricing. |
US growth 7% isn't exciting given the valuation IMO. Presumably lots of competition there too now... |
Err not familiar with this country called the US then no? |
Look at all the competition now:
It used to be schweppes massive dominance which was crushed by FEVR. All down hill from here in the UK possibly.... |
£930m market cap for a company with £360m turnover and £30m ebitda seems a lot imho. I think we are just witnessing a super growth highly valued stock come back to earth. Probably fair valuation of around 700p imo. |
Some might argue the news was already priced in. |
Not bad at all against the current market backdrop to get a flat results period, but the market was clearly expecting more and overall growth not a zero..
Not holding yet, but will keep watching.. |
Sales falling in UK and Europe. Competition hurting perhaps. There seem to be lots of new upstarts. |
Thought it was positive overall.Surely oversold? |
Interesting update.. |
26.03.2024 - We are confident that the benefit of the actions taken in 2023, along with a focus on further profit-driving initiatives in 2024, including continued execution of our pricing strategy across key markets, will drive a significant improvement in gross margin in 2024 and allow for further recovery in 2025 and beyond.
Now let us see how they actually performed in H1, the share price tell a different story down -50%, but potential opportunity timing if the update is positive, rate cuts widely expected on the 18th in the US.. |
10 Jul 24 1013.0 Strong Bear Tenkan/Kijun Cross
05 Jul 24 1048.0 Strong Bear Chikou Span Cross
04 Jul 24 1053.0 Strong Bear Kijun Sen Cross
29 May 24 1048.0 Bear Kumo Breakout
23 May 24 1145.0 Weak Bear Senkou Span Cross
free stock charts from uk.advfn.com
free stock charts from uk.advfn.com |
Evening all...
Next week:
Fevertree, Half Year Results, Thursday 12 September
Aarin Chiekrie, equity analyst, Hargreaves Lansdown: Last investors heard, Fevertree LON:FEVR had been scooping up market share across its regions which had helped to increase sales. Innovation across Rum, Vodka and other spirits has helped boost the group’s leading position in the UK, and growth in Europe continues to grow ahead of the broader mixer category.
Fevertree’s already said it’s comfortable with full-year expectations, which at the time of the last update in June pointed towards 8% sales growth and underlying cash profit margins of around 15%. Markets will be keeping a close eye on whether these targets are still on track when half-year results are announced next week, with market forecasts currently suggesting this could be a slight stretch. |
Would imagine the possible introduction of a glass tax by the new government may be another headwind for them. Does anyone know where the majority of their bottles are made?, assume a third party in the UK but could also be some in the US. |
MAJOR SHAREHOLDING
This information was last updated on 30/06/2024.
NAME
If anyone fancies updating the Major Shareholder info in the heading the table’s below:
%
Lindsell Train Investment Mgt 15.40
Capital Group 9.00
Fundsmith 6.16
Nordflint Capital Partners 5.07
Tim Warrillow 4.78
Charles Rolls 4.36
Baillie Gifford 3.31 |
In the back of my mind in making an investment in Fevertree, I can’t help but think what an obvious takeover target this would make for Diageo. It’s like a perfect match for them.
Salty. |
Been watching and waiting to get an entry point for my first foray into Fevertree. Bought £20k worth this morning. Will buy more if price starts to pick up and we see some momentum building.
Salty |
Register for real-time alerts, custom portfolio, and market movers
Hot Features
Premium
