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True if we get a recession you'd certainly be right it would all get cheaper. Irn bru is still an incredibly defensive product, (drink) the Scots just love it, my nephew drinks it by the barrel and won't touch the supermarket own brands
£4.20 lol where did you get that random number from?
Haha 5 candles and a sb on it going down
Be careful catching a falling knife,in my opinion it will get far worse in next two years
Might drift bit lower over next few months but if no more profit warnings it's likely to not go too much lower
A company I follow and may buy into following this rerating,
There will be carnage here today and could even go as low as £4.20 level !
Can't find anything online that points towards anything special regarding the recent rise. Anyone got any ideas around the reason? Buyout rumours?
Why we love this share
https://foodanddrink.scotsman.com/drink/15-facts-about-irn-bru/
The market seem to like today's trading statement.
What does everyone think? Personally this sugar tax and Brexit sounds as though it is going to hit the company pretty hard. Poor weather again has played its part. Consumers moving away from sugary drinks and this company needs to adapt quickly. They have Strathmore Water which I think they really need to take advantage of and be a bigger player in the water market. The Extra Bru which different is not going to turn it around for them. I think the twilight years are over now and they really need to invest in something wether it's a takeover of someone or like I said away from sugar drinks. Failing that maybe a takeover would benefit the company and the shareholders.
first of october
Good find....
I agree, Barr's could turn this in their favour
I agree it is shocking that sugar drinks are being targeted only. Am sure the deserts in Mr Oliver's restaurants contain far more salt and sugar than fizzy drinks. The soft drinks industry is the only ones to actually cut back on sugar unlike cakes,breads etc. Obviously more details will be released closer to the time this tax comes about. Let's be honest how many people actually blames soft drinks for 100% of the obesity in this country? It's all about moderation. Barrs will come up with something am sure and anyway if everyone only drank sugar free, Barrs would love that as the profits would be through the roof on the savings on sugar.
Hello Stuart - replied on the brtivic bb. Do you think the boxes on here now allow much room for proper discussion before the read more message comes up. Kind of encourages the one liners with wild price predictions imo all the best.
I don't know why the bbc news was saying this had come out of the blue when we have been talking about it on this bb for a while. I meant multi bagger for the Treasury - no idea if Barr intends to absorb this or pass on to the customer but used to hold shares in thorntons and always thought measures like this were likely. Barr is a company which is diversifying though into products like Strathmore Water and other products which are healthier alternatives. I am not sure it is sugar alone we have to worry about re. obesity and maybe there will be a hot and cold pasty tax next as fat is just as bad so look out Greggs. I wonder about how genuine folk like Jamie Oliver really are. He has made a living out of promoting things like pasta making machines, pizza stones and look at his recipe content for this http://www.jamieoliver.com/recipes/chocolate-recipes/chocolate-salted-caramel-cake/#lcWCqYeuHyjttyPe.97 Got a Jaimie roaster in rustic red which has developed cracks with minimal use and the store's own brand at a cheaper price is still looking prisitine - bought at the same time to compare. Just taken another 'phone call from my dentist cancelling my children's dental check ups at short notice - apparently unwell again - but maybe fancies another night out is nearer the truth. Had I given notice like there there would be a charge to pay. Rearranged appointments are more than 2 months down the line so I hope the government use some of these taxes to train more dentists and perhaps give out free fruit in schools - oh no wait a minute fruit contains sugar. Free milk or green tea then.
The Budget 2016 - An investor's perspective - See how A.G. Barr feature in the overview by our expert blogger and former Barclays Stockbrokers Director - Read it here - http://www.lse.co.uk/lseBlogs/blogEntry.asp?section=expert&blog=david-harbage-blog&entry=na2bja&full-url=blogs/expert/david-harbage-blog/na2bja/
It is simply crazy to single out one product to hammer on the basis of the evils of sugar . BAG has made huge efforts to reduce sugar content anyway. I wonder if you buy no sugar product at a lower price and then simply add sugar yourself would there be any difference . If sugar is the new tobacco then sugar content of all products needs to be taxed . On the other hand , they could just leave us all alone to regulate our own intake of everything !!
Sugar tax that's not good for business! This is going to hurt the share price
What makes you say that? The shares have only went down since last year when they hit £6.99 and have never been close to that since. Last weeks gains have been wiped out completely. They need a new plan of action. Obviously if the Britvic deal happened then it would be a different story the now but it didn't. So they decided to buy Funk'n. This is not the type of takeover that will cause this to multi bag. Please note am not trying to bash the share price or the company as I have 12500 shares and obviously want this to climb but am just not sure how this share price is going to reach its previous heights.