Fevertree Drinks Share Discussion Threads

[llama1978] 30/1/2020 13:40

What I know for sure is that if I sell up, the price will turn and go up to £16. If I hold it will drop to £10. So I’ll just sit. One day it’ll go up again...

[growthpotential] 30/1/2020 13:31

Nah dude, shorts will come out and people like in soon

[bargainbob] 30/1/2020 13:19

Timber , support now gone £12 next level.

[dround87] 30/1/2020 13:04

No I know I thought you got it incorrect earlier when I said it would break the 52 week low today and you replied something like 1400 first. Anyway... Both been and gone now.

[hpcg] 30/1/2020 13:00

So 14.30 did not hold long at all. The road will be bumpy, but the trend is down and will be so until a fairer value is reached. The depth of the decline from highs is actually helpful to reaching a lower price as leveraged longs afraid to take their losses are squeezed out.

[bulltradept] 30/1/2020 12:52

dround87

I mean it's broken the 52 week low. Also 104 and very nearly 156 week lows but whatever!

You miss understand, me I meant a break of £14, testing now though..

[techtrader5] 30/1/2020 12:10

Some might say 940p e.g. bamboo

[techtrader5] 30/1/2020 11:59

Chart breakdown, st tgt £11.30

[dround87] 30/1/2020 11:45

I mean it's broken the 52 week low. Also 104 and very nearly 156 week lows but whatever!

[bulltradept] 30/1/2020 11:44

Not yet.... But possibly soon.

[dround87] 30/1/2020 11:38

There we go

[bulltradept] 30/1/2020 10:34

Wondering if many stop losses will be triggered on a breach of £14?

[wetdream] 30/1/2020 09:12

Imho once the instis take a decision to reduce, they usually do so gradually, but steadily, so as not to ‘scare’ the share price too much. But the drip, drip, drip of automated sells is enough to put a dampener on any rise.
Hence the current plateau - in the absence of major news, of course....

[bulltradept] 30/1/2020 08:49

Well, very possible, but holding strong currently though..

[castleford tiger] 30/1/2020 08:07

BULL

Not IF but WHEN?

Tiger

[bulltradept] 30/1/2020 07:56

If £14.00 breaks...

[dround87] 30/1/2020 06:58

Asia looking grim again. 52 week low will fall today I reckon.

[llama1978] 29/1/2020 17:37

Think it made 12p today. I’ll be happy if the next 100 days are like this. In the meantime, I’m going to pour and gin and tonic.

[bedruthan] 29/1/2020 13:28

Looks like reversal has started

[llama1978] 29/1/2020 11:38

Pepsi bought innocent. I would think it costs more to make a litre of juice than a litre of tonic but maybe not.

[dround87] 29/1/2020 11:38

I don't think you read what I wrote.

[hpcg] 29/1/2020 11:31

dround87 - everything has a price, but no one, including PE, is going to go much above a 20 multiple. Even if we assume that someone is interested at this price, which would be the top end of rich, they'll have to wait for it to go considerably lower before they can offer a premium. So I have great confidence my short (positions put on in the 1600-1700 range) is secure here and that price will roll down in the next two month. If Castleford is right, which a) he has been, and b) its based on actual trade date, we'll see another profits warning, this time for Q1, when results come out in March. I'd look to close near the tail of a blow off bottom in that circumstance, and might even consider reversing position. That's my tentative plan anyway, but events dear boy, events.

wetdream - yes, I imagine sellers will work out as much as they can circa £14.30 and above, and the price will only drop once buyers are exhausted. How long it holds depends on their own desperation and the depth of the buyers pockets, neither of which I am party to. It should be noted of course that bag holders have been buying all the way down so this has to be new money. Very large overhead supply will cap any rise, as can be seen from the hasty retreat from 1700.

[wetdream] 29/1/2020 10:59

Looks like £14.30-ish is the floor for now - imho.
Although instis beginning to discretely reduce their holdings without collapsing the share price