Fevertree Drinks Share Discussion Threads

[discodave4] 24/4/2018 15:33

Don't know.

[orissander] 24/4/2018 14:51

Norris closed short for real discodave?
Is the joint venture official?

[villarich] 24/4/2018 13:45

It's Unilever / Diageo joint venture. You heard it here first.

[discodave4] 24/4/2018 13:24

Had a good google and can't see anything- Norris closed his short already!...shame :)DD

[minnerva] 24/4/2018 13:05

Maybe a takeover rumour
(Wash my mouth out!)

[villarich] 24/4/2018 12:56

Not that I'm complaining!!

[villarich] 24/4/2018 12:55

The volume doesn't support today's move so could be market makers moving the price up

[minnerva] 24/4/2018 10:31

😂😂 could be!
I’d wondered if new info out on Conviviality, but no RNS since 9/4

[villarich] 24/4/2018 10:22

Maybe Erric's local Morrisons has sold out?

[minnerva] 24/4/2018 10:14

Good rise today, any reason for this do we know?

[villarich] 24/4/2018 08:50

We're hitting short term resistance of 27.70, if we can get above this then we'll keep the short term up trend from 25.80 in place

[discodave4] 22/4/2018 12:26

They should get their PR team to ramp up on the benefits of drinking G&T this summer!hTTps://www.edinburghnews.scotsman.com/news/entertainment/drinking-gin-and-tonic-could-help-reduce-hay-fever-symptoms-1-472836DD

[ccr1958] 22/4/2018 09:30

Does the 2750 Rolls placing to mates have any relevance or just a false ramp ?

[bamboo2] 22/4/2018 09:11

Sogo, Cheers for that. Interesting to see the Rolls connection. Agree about the lower rising trendline bounce.

So the Feb 14th Breakaway Gap [2328] has no substance. I would guess that following a break of the H&S neckline and 50SMA, this will be the initial target for shorters.

2300 has good historical support, and the 200SMA is currently [approx. 2280] rising and approaching this level [to add to historical support].

The Jan 19th Breakaway Gap [currently measures 2270-2222] was caused by the Unilever speculation. Takeover potential still exists? I think so.

edit, chart added. Numerous potential turns.

[sogoesit] 21/4/2018 19:27

14 February "Gap up":
The share price bounced off the lower uptrend channel line on my chart.
There was no specific news but, on 23 March, Rolls sold down.

The 14 February Gap-up kicked-off a consistent "ramp up" of the share price to 23 March.
It is my guess that on 13/14 Feb the share price was ramped-up for this... or just coincidence (?).
Seen it before on other stocks.

[discodave4] 21/4/2018 16:36

AGM 17th May, usually give a trading update.

[finbarot] 21/4/2018 13:29

Any ideas when the trading update is?
Thanks

[bamboo2] 21/4/2018 13:20

I have an idea that there is kudos to be had from being 'the one' who calls the top in successful companies, such as FEVR, share price.

Basically it becomes a publicity stunt. Hence the ra-ra from Norris. If it fails, it is quietly forgotten, if it succeeds then they will gain crowing rights. Cawkwell attempted it and seemingly failed in Jan '18.

The reality for us PI's is that it can create some excellent buying opportunities.

We know that there are numerous Breakaway gaps further down the chart. These are news or rns driven, and assuming the part of the story contained within these events or news holds true, then these are the places to draw support zones.

I am unsure about the cause of the opening gap on 14 Feb at approx. 2328. Anyone remember?

The next support zone down is 2270-2222

There is an unconfirmed H&S with a min tp approx. 2390

[discodave4] 21/4/2018 11:31

ErricGuess you are referring to Barry Norris short position. A view that many have stated time and time again.......and been completely wrong, so go for it yourself if you also believe.....but not one thought about USA!.hTTp://citywire.co.uk/money/norris-shorts-fever-tree-says-shares-could-halve/a1112544Good luck.DD

[orissander] 21/4/2018 09:47

His track record is awful, dunno why shorting this name when you can short many struggling companies...
The best season for fevertree is starting now, and the u.s. expansion is getting steam, he could really lose big money with the short.

[ccr1958] 21/4/2018 08:36

I have seen the argument for the ‘shorters ‘ based on full shelves in super Mercados, what a crock ! The fact that the SMs can now keep up with demand is a bullish sign to me .... just saying !

[martywidget] 21/4/2018 05:50

Norris shorts Fever-Tree, says shares could halve
Fund manager Barry Norris bets against mixer drinks maker whose shares have risen more than 16-fold in less than four years.
Apr 20, 2018 at 14:06

[discodave4] 20/4/2018 22:14

ErricJust saying.......what a pathetic attempt at deramping a stock!.If you believe it's true, that the share price will halve, then put your money where your mouth is and join the shorters (zero % shorting 0.5% or greater), good luck with that my friend!.DD

[erric] 20/4/2018 19:37

Just saying.
Not statistically sound as it’s only one supermarket ......... but
For twelve months now my local Morrison’s supermarket has struggled to keep the shelves stocked with fever tree tonic and has quite often been out of stock.
Now, for the second week running at peak time on Friday evening the shelves are full which means that production and deliveries have now caught up with demand.
Maybe, just maybe, some of the experts who are shorting the stock are not far from the truth that the brand has now lost its exclusivity and can’t possibly continue to grow sales at the rates of previous years. If I still had my GNI CFD account I think I would join the shorters who are talking about a halving of the current share price

[anderson3] 20/4/2018 14:21

Summer has come early, G&Ts all round!