Fevertree Drinks Share Discussion Threads

[christh] 13/3/2018 09:06

I expect a recovery back to £28 and maybe £30.
Which company will produce so stellar results?
I still believe that will be a takeover subject, the ceo said that there is someone
but will they make their bid known or will the bidder emerge?


All the traders are at it this morning creating big volatility.
Once they cleared off, it will take off.

It will go back to normality tomorrow and higher it will go, same pattern as last year.

[sogoesit] 13/3/2018 09:02

"Always with those negative waves, Moriarty!" @brokebooker


;-)

[juzzer100] 13/3/2018 08:52

Solid! Best to ignore share price movements today - they will be all over the place. That's unless you want to trade this. It's in my SIPP so looking forward to continuing upwards over next few years!

[bookbroker] 13/3/2018 08:42

Fully valued, gross margin down, I see Tesco’s have this as end of shelf, that means FEVR paying to promote the product, and big offers on certain mixers, the growth now has to come from abroad and new products, they have captured as much UK business as possible, it is noticeable that brands like Wetherspoons still prefer to offer Britvic, JDW being one of the genuinely and consistently profitable businesses in the sector!

[bamboo2] 13/3/2018 08:37

Two support zones at,

2322-2328 [14/2/2018]
2222-2293 [19/1/2018]

[villarich] 13/3/2018 08:15

I buy that £30 target for 2018. 60p EPS at 50x

[christh] 13/3/2018 08:10

AIM-listed Fevertree Drinks said it continued to deliver strong growth across all regions, channels, flavours and formats with the UK once again delivering an exceptional performance for 2017.
Pretax profit surged to GBP56.4 million from GBP34.3 million the year before.
Revenue was up 66% to GBP170.2 million compared to GBP102.2 million in 2016.
The tonic water maker proposed a final dividend 7.64p, which brings the total payout to 10.65p.
"We have had an encouraging start to 2018 and I look forward to working with my board colleagues and the wider Fevertree team to continue to deliver growth," said Chairman Bill Ronald.

[wetdream] 13/3/2018 08:08

10% drop by EOD will be a result, imho.

[sogoesit] 13/3/2018 08:04

Not a bad reaction so far imv. The bid is around the support line of 2540'ish.
Encouraging that investors still want a slice of this... time will tell today.
(My upside now approx. £30/£31 for 2018).

[villarich] 13/3/2018 08:03

Did you read beyond the first line of the results?

[villarich] 13/3/2018 08:02

£25 here we come. Should be some support at £25.30ish. If it breaks then we could see some big moves

[christh] 13/3/2018 07:58

£30 here we come.

Growth at 66% per annum every year.

[discodave4] 13/3/2018 07:57

Excellent numbers, but do also feel somewhat disappointed.Net cash is a whopping £51m (up 89%) which reduces the PE rating somewhat!.....who knows how the market will react, either way it's just noise in the longer term.DD

[christh] 13/3/2018 07:56

Fevertree Drinks Expects 66% Growth In Annual Revenue

[christh] 13/3/2018 07:55

TAKING AIM: Flying Fevertree Set To Scale New Heights Says Berenberg

[wetdream] 13/3/2018 07:44

Rolls is becoming seriously wealthy!

[sogoesit] 13/3/2018 07:42

True, wetdream, that may indeed be the case...
It pays to be cynical ;-)

[villarich] 13/3/2018 07:40

I think we are due a sell off. Reminds me of BOO last year. One sniff of a fall in margins and boom. The difference there is they also announced an upgrade to expectations. Nothing of the sort here today.

[wetdream] 13/3/2018 07:39

Sogoesit,
I just remember from a past business life, the pressure to 'exceeed expectations' in order to secure one's bonus....
So how about inventing your own 'expectations'....then exceeeding them!
;-)

[villarich] 13/3/2018 07:39

Agree with what your saying. If you're a long term holder then over the next few years the share price should remain in an uptrend. In the short term this is all a bit underwhelming and I share the views of others that the share price is overbought. Certainly was at £28. Assuming 50% EPS growth for this year gives us 60p. That gives us a forward looking multiple in the 50s. In the short term I can't see this getting back to £28 and feel those who got in there have been spiked. This could well do a BOO over the next few weeks. Good luck all, we're in for a bumpy one this morning ( hope I'm wrong and it hits £30 as Christh always said - after all, that guy / gal is ALwAYS right).

[sogoesit] 13/3/2018 07:28

The “expectations” language was changed several times last year wetdream.
They were originally against “market” expectations but now are against “board” expectations. As you say this is a very difficult quantum to evaluate.
However the last major board comment was “this growth cannot go on forever”. I think it was Warrillow who said that sometime last year.

[stevedd] 13/3/2018 07:25

Outlook statement is actually nearly word for word what it was last year. As for US, the handover between BoB and Fever Tree isn't until Q2 so there would be little real news as they are mostly likely still preparing their strategy, learning the market and getting ready for making their own deals. Whilst the EPS didn't beat the market expectations, those expectations were already revised up recently with the trading update. Think the price is probably too high for now but think there is still much growth to come. It will be important to see real growth once FT is fully in charge of it's own distribution and marketing in the US in the 2nd half of the year.

[wetdream] 13/3/2018 07:22

Excellent set of figures imho with sensible investments in structure and personnel underway.
Trouble is the sp's got ahead of itself imho, so some short term retrenchment likely.
But do hate it when they say performance was 'ahead of Board expectations'....
WTF does that mean?

[sogoesit] 13/3/2018 07:19

Good summary, Villa.
USA growth rates are declining and need to move in an improved direction. Let’s hope this area gets a kick up the proverbial this year!
If gross margins, although not meaningfully different imv, were relatively the same we could have seen my 40p. (Reminds me of BOO... let’s hope réaction not the same!)
Gross revenue growth is now less than 70% so no reason to pay that anymore... 50x would be good value for next year.