The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Clearly we are - sales are up!
The price doesn't look that low to me? Roughly 4 times forecast revenues, supply side problems, inflation and the lack of ability to pass all of it on due to already premium pricing, growth also looking relatively pedestrian. Is it worth 4 times revenue?
Blame the price of glass for profit decline. Cannot possible give the real reason - the G&T boom was part of getting through lockdown when drinking at home, we are not doing that anymore
Definitely possibility of takeover offers at this low price!
Nice entry point this morning. We are nearly back to 2020 lows. This for me is now a take over opportunity. Put it in the drawer of potential take overs and leave it quietly to appreciate
Good luck
could it recover back to £10+
A billion pound valuation still massively high, the biz model this was built on with 3rd party bottling has now fxcked them as they are at the mercy of them now. Guess will drop to about 680 support over coming weeks/months.
And me, great product. This is a bargain. Hopefully!
Good enough for me - fall looks stupidly overstated. I’m in!
Looks confident a nice buy upwards we go
What a great time to buy.
Acker
They don't really have any significant competition in the UK at least, I think the brand strength is a pretty significant moat. A few years ago Schweppes tried launching a premium version of their product which seems to have utterly failed (not even stocked in waitrose any more. Is there many other strong mixer brands in the USA market?
I think it is a good, well developed brand ....so competition would be better buying them than starting to compete and the last thing you want with a Premium brand is a price war .........the market is big enough for other brands like Schweppes.etc ...no one will ever take the whole market ...need to have something strong to want to compete and put in the marketing money against existing main players
My main concern here is competition. They have created a great thing, but there are better ones out there and their are not really any ' moats' to thwart any competitive challengers.
Seeing as now is one of the big trade years, shorts closing position, and floor formed, the upside is massive
I personally think sales will be good for the summer.....question is what happens after that...and how much margin have they managed to retain from the good summer revenues?
" Moet Hennessy CEO Philippe Schaus told CNBC demand in Europe is “on fire” thanks in part to the return of European tourism."
https://www.cnbc.com/2022/06/29/lvmh-buys-california-wine-giant-joseph-phelps-as-high-end-drinks-market-soars.html
BlackRock single handedly shorting this stock!
https://www.shorttracker.co.uk/company/GB00BRJ9BJ26/
Greenvale Capital have closed their entire position down from 2.65% short to 0% in a week.
BlackRock now increased to 4.21% - who would go up against the worlds largest asset manager?
I will not be buying these until we reach £6 -£5. The P/E ratio is far too high. Good product........but too expensive already...... and little chance of increasing the already over inflated price of the product!
My bad, you are correct about Nick Train buying in around the £19 mark.
It's a pretty large short position on Fever Tree now, especially BlackRock at 3.91% of the shares.
I've had Fever Tree on watch for ages. "UK now in inflation environment" does mean this downtrend could continue a lot until reasonable PE and Yield has been achieved. That's not great for any current holder or buyer at today levels to think about, but I imagine many of us have shares in good companies stuck in lows.
Greenvale Capital LLP 0.87 -0.84% 28 Jun 2022
CapeView Capital LLP 0.52 -0.10% 24 Jun 2022
Millennium International Management LP 0.50 -0.08% 17 Jun 2022
BlackRock Investment Management (UK) Limited 3.91 1.80% 14 Jun 2022
Total 5.80%
Actually Nick Train loaded up on this at around £19-20 as recently as January. Wonder what he is thinking now. Personally I'm still happy holding this for the long term but it probably won't well in the current recession.
Re margins.
I think every company is feeling the heat on this one. But fevertree does have a rather large one which puts it in better position. I just think short term that the efficiency of the new production lines might not be where they need to be which creates a buying opportunity…
When you look at the markets they seem to be around fair value but that’s based upon previous earnings. However I expect a pretty steep reduction in demand being reported going forward.
Makes sense. It’s the logical progression. Some of the other big drinks players have bought out premium brands. By all accounts consumers don’t like them as much but this is surely going to have some effect on sales. Nick Train loaded up recently around the £15 mark.
Definitely one for the watchlist and will be buying around the £9 mark
the market is betting earning guidance wont be met..by the looks of it ...
" It has been taking action to reduce the impact by ramping up local production on the east coast of America, alongside a fully-functioning west coast production line, to help reduce high shipping costs" ...although storage costs, US driver shortages and cost pressures were mentioned
revenues may have held up...but the question is all about margins which like everywhere look threatened