Fevertree Drinks Share Discussion Threads

[bamboo2] 21/12/2017 18:33

Go and tell mummy.

[bamboo2] 21/12/2017 18:13

QP, get over yourself.

[orissander] 21/12/2017 11:13

Well ahead and US business very good now that we are controlling it directly.

[wetdream] 21/12/2017 09:56

If the institutions are happy to top up at current prices, then there appears little downside as their holdings tend to be longer term.
Also there seems to be a lot of anecdotal evidence that sales are going well-but ahead of mkt expectations is already a given.
The question is 'How far ahead?'. And howz business in the US?
All imho.

[monnow] 21/12/2017 09:52

Fevertree of `Course !!

[monnow] 21/12/2017 09:51

was passing asda and popped in for 2 bottles of ginger beer, none on the shelf and on request they chacked stores and all gone, so went to waitrose, got the last 2. All for a Bushmills and ginger !

[sogoesit] 21/12/2017 09:42

Indeed, bamboo... oh and good call on PRSM!

On valuation I still have my 40p EPS x 60 for £24 TP. Since my 40p is "optimistic" I don't know how that jives with the "materially ahead" guidance. However, the market has looked at £24 then sold-off.
If EPS comes in over 40p then £24 looks solid but it would be a stretch short term (i.e. for the 2017 year) imv. Of course, paying 70x would then give £28. But, for 2018 post results in January, £28 would be too low on a one year view and I would expect to see the potential for £32 to £35 on an "optimistic" scenario.

At least we stayed above the 200d ma. So the shorter term moving averages need to cross and resume to confirm.
Not forecasting a timing but it all looks to be setting up nicely for January, and the results.

[doctor 69] 21/12/2017 08:48

We need to be quits no our local shops to see how well the selling goes

[bamboo2] 21/12/2017 08:43

Hi Sogo, I'm not a fan of this kind of guesswork, and reckon it is better placed on the fundamentals thread where it belongs!

Of course if it's backed up by tea leaves or Marty's parrot, then it's okay.

Whatever happens, we have this resistance zone [2122-2222] to work through first.
Then 2280-2300 resistance, 100sma, and 2500 ath r.

[sogoesit] 21/12/2017 08:30

That reminds me of Peter Cooke:
Yes, the numbers division, Mr. Spiggott. The right number I like. I like your right number, the number 8. A lovely number to settle on. That's what I said when I saw it first. I said "A lovely number that one." I've got nothing against the number 8. It’s the number 2 I have difficulty with.... in the longer term you understand ;-)

[doctor 69] 20/12/2017 20:18

sogo

it just feels like it , bought fever tree drinks yesterday and they looked like they were selling well

[kiwimonk] 20/12/2017 19:59

Fevertree has a fever ok

[orissander] 20/12/2017 19:02

28£ will be the next target price after ER in Jan.

[wetdream] 20/12/2017 16:02

Market is settled at £21.30 at the mo.

[sogoesit] 20/12/2017 15:53

Folks on here calling for £28.
Any logic to that or you just like the number 8, as I do?
(I don’t see any broker TPs of that order)

[doctor 69] 20/12/2017 11:12

Bought in again yesterday , this has to fly to £28

[orissander] 20/12/2017 10:59

Buy Buy Buy will go to 28£ in the next 6 months

[wetdream] 20/12/2017 09:19

Nervous PIs selling.
Institutions buying.
;-)

[wetdream] 19/12/2017 16:37

Ah, took the £2m sell towards the close to take the heat out of today's climb.
Tomorrow's another day.
;-)

[wetdream] 19/12/2017 14:49

Must be a shortage of stock, as the 10k blocks traded after 2pm and reported as sells have just pushed the share price up further!
Whether they were actually sells we'll never know, of course, but a good sign nevertheless.
What would really give the share price a kick upwards would be positive news on sales in the US.

[steptoes yard] 19/12/2017 14:35

Richard Watts is a tremendous fund manager. I do like it when my favourite fund manager confirms he is topping up on a stock I hold.

[wetdream] 19/12/2017 12:58

robholdsworth,
Good find-and may explain why the sp's in lift-off again.
FEVR's mkt cap increase seems to mean that it's now on the radar of so-called mid-cap funds. Hence the recent uplift in volume(although it doesn't take much volume to cause a rise or fall).
Also these 'wise men' appear to be shrugging off the threat from Coke.
Onwards and upwards!