Fevertree Drinks Share Discussion Threads

[martywidget] 09/11/2017 13:47

It was still a holding in the RBC European Mid-Cap Equity Fund a few of weeks ago {September 30, 2017}:

Printed on October 24, 2017
RBC European Mid-Cap Equity Fund

Portfolio Analysis as of September 30, 2017
Top 25 Holdings % Assets
Fevertree Drinks PLC 2.4



"At the security selection level, our holdings in the Consumer Staples and Financials sectors contributed the most to relative performance. The largest contributor was our overweight position in the UK-listed soft beverage company, Fevertree Drinks"

[orissander] 09/11/2017 12:51

RBC said 1 day before the update to sell (de facto from a TP of 2400 to 2000) and now after outstanding news reiterates same target price.
They look silly.
You can't say 2 months ago that Fevr is worth 2400 and then say 2000 and reiterate 2000 after being wrong.
They lost all credibility.
It's a trader mentality and too focused on short periods of time. It's a shame.

[martywidget] 09/11/2017 09:43

09 Nov RBC Capital Markets
Recomm.: Sector Performer
Old Target - 2,000.00
New Target - 2,000.00
Notes: Reiterates

[discodave4] 09/11/2017 09:18

TA's - was yesterday's drop a gap fill? or just profit taking?.

[wetdream] 09/11/2017 08:55

Looks like Old Mutual are supporting the share price

[wetdream] 09/11/2017 08:51

juzzer100,
That makes two of us. 👍
Buying up plenty of the FT Mediterranean while over here. But Sydney's not a great G&T centre-yet ;-)

[juzzer100] 08/11/2017 19:41

Thanks wetdream for making me feel old and outdated ;-)

[wetdream] 08/11/2017 19:28

Panic Investor,
I agree. The idea of long term individual stock investors (excl funds) is probably a bit outdated nowadays.
Apart from christh, I'd think most posters here are well in profit....
;-)
If FT can make good progress in the US, then imho they've cracked it!

[greenrichard] 08/11/2017 19:07

Still well over valued even if ahead of market expectations.

[panic investor] 08/11/2017 18:33

That about sums it up but also no news at all before January so people move off to make hay elsewhere then come back here in the new year - seen it so many times before

[juzzer100] 08/11/2017 18:05

There is no reason to sell as long as one trusts yesterday's RNS. As far as we know FT is a top ethical company and the directors are pretty much made for life, so there's every reason to trust it IMHO. It's pure market manipulation to get PIs to sell shares... unless people are seriously worried about Schweppes/Coke. Concern on that front would be bonkers given the current sentiment of mistrust of established brands!Unfortunately the herd mentality is exaggerated because most of us here are in profit, and we don't want to lose it at all. As Daniel Ariel would rightly observe, the pain of losing £2 a share today is far greater than the enjoyment of making £3 a share yesterday... so people seem to be selling up. Any other thoughts on this?

[juzzer100] 08/11/2017 16:28

Thanks Orissander!This is a long term play for me, despite the current share price shenanigans.

[sogoesit] 08/11/2017 15:43

According to FT Markets Data Sheet the free float is 92.40m Shares (I.e. 80%).

[orissander] 08/11/2017 15:16

@juzzer Reminds me of coca cola early days. So innovative. If I only had Ko stocks... now it's our time to with Fever-tree.

[trt] 08/11/2017 14:49

Can see this dropping to £15 level as folk take profits. Has gone far enough for now !

[juzzer100] 08/11/2017 14:47

Orrisander - forgive my ignorance, what do you mean by:our Fever tree is a KO in the making?

[orissander] 08/11/2017 14:31

Traders of RBC (royal bank of scotland) probably not amused by the trading report and went shorting.
They said a very bad advise to their clients to sell before a +15%.
This is not a trading stock, our Fever tree is a KO in the making.

[christh] 08/11/2017 14:25

trying to move up.
Hope to stay above £20 for the next move tomorrow to £22

[3rd eye] 08/11/2017 14:13

Beta is 1.09 (Digital Look) so just over the average at one. So that cant be the answer.

[3rd eye] 08/11/2017 14:10

Does anybody know what the free float is??????? ive got figures of just over 40% from one site but that cant be right or up to date surely unless its got a raving high Beta.

[christh] 08/11/2017 14:05

I hope it does not go back to £19.

grrrrrrrrrrrrrr

[monnow] 08/11/2017 14:01

This is mad!! I really can't figure this one out, volatility with a capital V. They seem determined to drive this down, irrespective of news, I wonder why ??

[3rd eye] 08/11/2017 14:00

The free float must be very small given no declared short disclosures........

Disclosed positions in FEVERTREE DRINKS PLC (FEVR)

Notice: We no longer track disclosures after they drop below 0.5%. It is possible that the manager still holds a short position even if we are showing it as zero.

Fund % short change Date changed

No data available in table

Total 0.0%

[christh] 08/11/2017 13:50

stupid persons selling the silver.
It should be going up not falling...
Unbelievable.
What's changed since yesterday?