Merrydown Share Discussion Threads

[neilks] 04/6/2003 19:28

Yes thanks, my investment club have been in for ages with a small holding but we added to it about eight weeks ago - just in time !

[barnetpeter] 04/6/2003 18:09

UP AND AWAY! Are you all in?

[maestro.] 02/6/2003 00:27

CIDER sales set to rocket on back of Prince William says its his favourite drink...good spread bet in order i reckon

[barnetpeter] 02/6/2003 00:24

Hardly suprising that investors are getting involved in this stock. With Schloer sales rising fast and a strong ballance sheet (cash of around 2.5 million), time to buy? Schloer is valued at £5 million internally against market cap of £14 million. I reckon Schloer must be worth at least £15 million particularly as it has such limited distribution at the moment. Not even sold in cans or litre bottles? Even that is low. Other much bigger drinks companies must be looking at this brand with some envy. If they paid 30 million for the company, stripped out the cash and other assets, sold off the cider business ... must be cheap. If at least one of the big drinks boys are not looking at such a deal, I would be amazed.

[hectorp] 22/5/2003 09:42

up one penny... buyers fading.
- But where are the T10 sellers?
Maybe there are very few in this conservative stock.

[hectorp] 22/5/2003 08:39

ten buys no sells, but low interest so far.
What happens with merrydown, is it always geta a lot of tabloid and weekend press coverage after results, and this time it could get 'tips' to buy . That could help a bit. But I see the recent rise in the share price is strong and in fact it looks overbought so be careful. The smart money may move out, there again, I like the defensive aspect of this company especially with the summer coming. ( cider , sun etc)
I'm not buying this morning... I always wait for the T tenners to sell, many will as a matter of strategy.
DYOR.

[tonyleongson] 22/5/2003 08:33

just bought in. any other ADVFN'ers holding?

[tonyleongson] 22/5/2003 08:24

hey its going up

[tonyleongson] 22/5/2003 08:02

i reckon the t-traders could push this one up. i will certainly buy is it looks like it will rise, albeit just today

[hectorp] 22/5/2003 07:47

good results today...profits pretax doubles.
but on the 2 year chart they have peaked. High enough IMO.

[yarer] 15/11/2002 23:50

Notice of Results

The Board of Merrydown PLC announces that its interim results for the six months
ended 30 September 2002 will be released on Wednesday 27 November 2002.


Merrydown will difinately be merrying up on monday Buy at 40p

[yarer] 23/10/2002 16:16

Technical indicators show a buying opportunity.

[windmill shares] 24/11/2001 00:55

Strong growth in Shloer with TV campaign likely to have an upside effect. This company has a strong balance sheet and very defensive characteristics all this is good news for the coming results on the 28th Nov 01

[justjim37] 04/7/2001 18:39

morph,
wishfull thinking or do you know something,
looking good.

[morph] 04/7/2001 00:39

Merrydown is just about ready to blow its cork. The bottle's been shaken. :)

[justjim37] 27/6/2001 17:37

Two big buys today.
looking good.

[initrader] 14/6/2001 14:12

50k mm buy

initrader

[initrader] 11/6/2001 16:18

1 50k mm buy @ 38 ........but no movement .

and an interesting 1 share buy indicator just dropped in.


initrader

[initrader] 08/6/2001 16:09

only 1 market maker left on 38p offer


initrader

[initrader] 08/6/2001 15:21

Merrydown Pulls Itself Up.


just three years ago things were looking pretty dire for cider manufacturer Merrydown as it teetered on the brink of bancrupcy says investor chronicle but it has now rebuilt itself a real growth story . The damage to the company was caused when Merrydown made an overzealous foray into the alcopops market with its two dogs brand sending debt spiralling to 11bn and ending with new management and a 7m fundraising effort . Since that nearmiss Merrydown has once again branched out from the core cider business to accuire flavoured non alcoholic drinks maker Shloer brand aimed at adults commands around 4% of the 215m market and is growing at 9% per year. Last year Shloer sales were up 57% to 9.5m and the brand now accounts for just over 60% group turnover - although with marketing spend to be doubled to 5m this year that proportion should soon rise further. The cider market remains competitive but Merrydown has managed to hang on to its market share in a difficult market with stratigic promotional price discounts. Overall the company looks cheap relative to peirs : note note that with Shloer valued in the books at 7m and the company holding cash of 3.8m the current share price effectively values Merrydown brand at nothing . Given that the brand is argueably better than many of those in the Britvic stable ( just bought by Orchid for a rumoured 20m) this seems unfair . House briker Teather & Greenwood expects to see earnings per share of 4p this year riseing to 6.5p next.
The shares are nt noticed as much as they should be and make a good short to medium play . BUY.


Kind

Regards

Initrader

[kenbachelor] 28/1/2001 20:06

I put £5,000 into this following the IC recovery portfolio in December 1999.

It is now showing a profit of 10% and I've had one divident of £80, so it is better than some of my Tech stocks and a further rise would be very welcome.

[robs1] 28/1/2001 19:54

Keep an eye on MYW this week. Capitalised at £9.6m, NAV £12m+ at end September (~47p per share). Making (small) profits. Bid rumours last week took the price from 32p to 36p. Not been mentioned on any boards yet (except HS, and that was me...noone else interested?) I think this will fly if people start buying. I've held for several months. DYOR etc