If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them 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.
Reported earlier this week - A temporary withdrawal of product from market in Croatia after reports of illness following consumption.
Link - https://stocks.apple.com/AohMJ7gyOQWCTe7vMIKFtfA - Reported 8th November
Further reported by Reuters on the 10th November - Croatia clears all Coca-Cola products of safety concerns
Link - https://www.reuters.com/world/europe/croatia-clears-all-coca-cola-products-safety-concerns-2023-11-09/
If I had spare cash i would be buying at these levels.
Revenue growth data was good, but where the profit data, make how much money?
Cannot believe the SP had not moved up after that update
Great update. I think this is a superb share. Huge growth potential, great brand and as a strategic partner of Coca Cola, it's very secure.
I would like to see an interim.divi introduced at some point in the future to supplement the main divi.
Trading update today
Coca-Cola HBC AG
FURTHER STRENGTHENS ITS 24/7 BEVERAGE PARTNER STRATEGY
BY ACQUIRING FINLANDIA VODKA FROM BROWN-FORMAN
Zug, Switzerland - 19 June 2023 - Coca-Cola HBC AG ("Coca-Cola HBC") is pleased to announce that it has reached an agreement to acquire Brown-Forman Finland Oy ("Company"), owner of the Finlandia vodka brand ("Finlandia"), from Brown-Forman Corporation's wholly-owned subsidiary, Brown-Forman Netherlands BV. The agreed purchase price amounts to US$220 million and is subject to customary closing price adjustments (the "Proposed Transaction"). The acquisition is being made through Coca-Cola HBC's wholly-owned subsidiary, CC Beverages Holdings II BV. Completion of the Proposed Transaction is expected in the second half of 2023 and is subject to regulatory approvals.
Finlandia was established in 1970 and is a leading vodka brand in Central and Eastern Europe with annual volumes of 2.7 million 9L cases[1] globally, of which more than 60% is being generated within Coca-Cola HBC's geographic footprint. Finlandia is bottled by Anora Group plc in Finland based on a long-term production services agreement and is available in pure and in several flavored versions.
Full RNS - https://www.londonstockexchange.com/news-article/CCH/cch-to-acquire-finlandia-vodka-from-brown-forman/16003742
I have been looking at the charts and there is drop in the sp after div date sometimes but not always and usually recovery in 1-2 months.
I sold Friday.
The div date I believe is the 25th May. Take the money or wait for the div?
I’m sorry I know this has nothing to do with Coca Cola but I’m trying to push as far as I can to raise funding for experimental treatment to hopefully save a friends life or at least extend it. https://www.gofundme.com/f/dendritic-cell-therapy-help-me-to-fight-cancer?viewupdates=1&rcid=r01-167904678216-9605b6bec4a911ed&utm_medium=email&utm_source=customer&utm_campaign=p_email%2B1137-update-supporters-v5bIf anyone knows anyone who might be willing to donate that would be very appreciated and outright kind . Follow the link above for detailsRegards,
And another one:
Credit Suisse raises Coca-Cola HBC target to 2,600 (2,550) pence - 'outperform'
That's 33% higher than the current share price.
Yes cureboy, I got the target price average at 2545p which if acheived would give me 57% profit. Already half way there at 23% profit. I'll probably pitch my exit at just below 2500p to miss any big profit taking. I'm sure that there will be changes in direction along the way but CCH is a great share to be involved in. Still has legs to go further but glad I got in when I did. Good Luck. TT
Average is around 2600. Fill your boots at this level.
Agreed it, a very strong update. To be increasing full year guidance by €100m given all the headwinds is excellent. Just shows the power of the brand(s).
That's a very decent trading update. Still undervalued here, a good stock to buy and hold with some decent dividends along the way.
cureboy. I bought in big when it was 1600p and although it has pulled back a bit I am circa 20% up. IMHO this is a quality share and these days its all about quality. As you say, it might suffer short term pull backs but this still has lots of upwards potential. I am looking at 2200p as my exit point. Good Luck.
Absolutely, anything under 2000 is a bargain I think so fill your boots time. I look at investing as a long term thing, I bought in at 1550 and have a long term target of 2500, picking up a nice number of dividends along the way. I don't worry about short term fluctuations.
their debt levels worry me a little
I’ve got 270 shares not a lot but will be holding mine for 5 years plus and hoping to add more. Wish I could get more at this price
would you hold this one for 5+ years in a sipp?
Probably cheap order filling. This has just been fluctuating between 1870 and 1950 for a few weeks whilst institutions fill their boots. Hold for 2500+ once all the doom and gloom goes away, which it will.
Down 4% so far today, seems to be an outlier, at least in my portfolio. Have I missed some news / financial bulletin?
Yep 100% agree. I doubled my holding when it dipped to 1500p.
I see this as a long term hold and there is scope for plenty of growth in the emerging/developing markets.
Good trading share too, especially with no stamp duty payable.
Issue of debt
After the March drop it went quickly up from 1450 to 2100. The Russia thing was a massive overreaction and guess what their Russia operation still functions just under a different name. Clever. So yes it's massively undervalued, anything under 2000 represents a nice bargain. Decent dividends too.