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20% of revenues come from Russia and Ukraine. Even if these revenues are not entirely wiped out, chances of getting cash out are zero.
Primary driver will be the ongoing war in Ukraine, along with further general sanctions against Russia . 10-11% today seems OTT, but that’s the market I guess. CCH has other markets, and things will no doubt improve over time, got to be a buy / hold I’d say.
They are impacted by uncertainty in eastern Europe. Sales in Russia and Ukraine last year we’re very impressive. I will monitor these and maybe start buying once it hits 18 quid.
Anyone with any idea what has happened today to this share, I cannot see any reason for this massive drop.
Wish I had some more tinder to throw at it, an grab a few more cheaper shares at these low low prices.
Should have waited. Doh.
£21.85 for me. Could have done better, but a reasonable price I think. Down 10/11% on the week is well overdone IMO.
to average down. Might take a while but CCH shares at £ 22 will recover .
Completely agree with your comments. The results are fantastic but Russia and Ukraine are both highlighted as being high growth areas (approx 20% ). These sales will surely evaporate if sanctions are imposed.
BOD proposes ordinary dividend of €0.71 per share and aims to increase dividend payout ratio to 40-50% , up from 35-40%.
Results look good to me, but I think the SP will get smacked again today with the news. CCH operates in both Russia and Ukraine.
I think there could be a bargain to be had in the next couple of days in terms of the share price, but with some significant short term risk.
I recognise this is a cold statement and does not reflect the impact that conflict in the region will have on the lives of individuals. My comment is made solely in relation to a financial view point.
FY financial results are due tomorrow, should hold some details.
Does anyone have any information on ex dividend and next dividend payout percentage. Thanks
Very nice rise today. Can’t see any obvious specific catalyst for it, but after an awful September across my portfolio, nice to see some green movement.
Nice rise today. Hopefully we can see £27 again soon, I think the recent pull back was overdone.
3rd Q results due 3/11/21.
Oct 7 (Reuters) - Coca Cola HBC AG :
COCA-COLA HBC AG - COCA-COLA HBC COMPLETES CAFFE VERGNANO INVESTMENT
HY comparable operating profit up nearly 68%
Sees annual operating profit margin expansion by 20-30bps
Higher raw materials cost expected in FY22
By Priyanshi Mandhan and Yadarisa Shabong
Aug 12 (Reuters) - Coca Cola HBC on Thursday agreed to buy a majority stake in Coca-Cola Bottling Company of Egypt for $427 million after the Swiss-based soft drinks bottler reported a surge in half-year profits. A unit of HBC will buy about 94.7% of the Egyptian company from its major shareholders including affiliates of The Coca-Cola Co and MAC Beverages, HBC said.
The deal, which would allow HBC to expand in its largest market Nigeria and grow in Egypt, was announced shortly after the company reported a nearly 68% surge in comparable operating profit to 350.3 million euros for the six months ended July 2.
The company, which bottles and sells Coca-Cola Co drinks in 28 countries and is 23.16% owned by the U.S. company, warned that operating profit margins would be lower in the second half compared with a year earlier due to rising cost inflation.
Nonetheless, the company expects margins to expand by 20 to 30 basis points in 2021, thanks to strength in the first half and as revenue is expected to recover with people eating and drinking out more as restrictions lift.
HBC CEO Zoran Bogdanovic told Reuters that higher raw material costs are expected to continue into 2022.
"Given rising input cost inflation, we struggle to see upside risk to consensus margin expectations in FY22," said analysts at Jefferies.
A host of factors, including disruptions in global supply chains and rising demand, has pushed up raw material prices, forcing packaged food companies such as PepsiCo and rival Coca-Cola Co to pass on costs to consumers. [nL4N2OP296]
HBC said it expects the Egypt deal to add to earnings in the near term.
Sorry - Headline should read 30% stake, not 40%.
Naomi Ackerman | Monday 28 June 2021 | 10:03
The bottling giant is looking to push further into the profitable coffee market. Coca-Cola HBC has taken another step into the coffee market, snapping up a 30% stake in 140-year-old Italian roaster Caffè Vergnano for an undisclosed sum.
The firm is set to hold exclusive distribution rights to the brand's beans and espresso pods outside of Italy once the deal completes later this year.
The dual London and Athens-listed bottler is a major partner to The Coca-Cola Company, which bought Costa from Whitbread for $4.9 billion (£3.5 billion) in 2019. HBC said it worked with The Coca Cola Company on the new deal, and said Caffè Vergnano will be "highly complementary" to its existing Costa Coffee arm, and allow it to "address an even wider range of consumer tastes and segments".
The family-owned Caffè Vergnano is one of Italy's oldest roasters, with roots dating back to 1882. Today it sells espresso beans and single-use pods in 90 countries around the world.
HBC said the deal "represents an important milestone" in its growth ambitions, while Franco and Carlo Vergnano, CEO and Chairman of the Board of Directors of Caffè Vergnano, said they are confident the move "will prove a powerful partnership in growing our business further".
HBC CEO, Zoran Bogdanovic, said:
"With Caffè Vergnano, we are well positioned to build a total coffee portfolio that caters for a diverse range of consumer preferences....Our investment in Caffè Vergnano is aligned with The Coca-Cola Company as we have worked together on this opportunity.”
I would definitely top up if it dropped to the early £20s. I'm not sure it will get that low, there does seem to be support at £22.60 having bounced off that 3 times in the last couple of months. Although I do note that the European on-premises market is v. Profitable for CCH so an extended lock down in West and Central Europe would be damaging. That said, I think there will be a decent rise once Europe gets it's vaccine house in order.
CEO & Executive Director exercised options to buy UK£1.1m worth of stock.
On the 31st of March, Zoran Bogdanovic exercised 48.83k options to receive shares at no cost, then sold around 2.85k of them at UK£23.32 each and kept the remainder.
Since June 2020, Zoran's direct individual holding has increased from 300.58k shares to 305.44k.
Company insiders have collectively bought UK£2.1m more than they sold, via options and on-market transactions, in the last 12 months.
News report from Simply Wall St.
Good news in my book, but Q1 / Q2 this year might be hard, expecting a possible SP drop on financial results given the current COVID issues in Europe. Would be a strong buy if re head back down towards the 20 GBP mark.
https://www.proactiveinvestors.com/LON:CCH/Coca-Cola-HBC-AG/rns/931933
"Stronger trading in the out-of-home channel, in addition to benefiting volumes, has also contributed to improved performance in price/mix."
Chief executive officer Zoran Bogdanovic said: "Looking into Q4, as we cycle a very strong volume comparator and see the renewal of lockdown restrictions in some markets, we are encouraged by the consistent growth we have seen in the at-home channel, which will be especially important for this final quarter. Combined with the increasing impact of our cost savings programmes this should allow us to continue to deliver good profitability in a severely disrupted year.
I do like the company!
Looking at how the markets have treated the likes of GSK / ULVR after posting mildly missing targets in their FY results, I am wondering if CCH is going to take a 5-10% dip post results (Like GSK / ULVR did this week). I imagine CCH took another knock during the Q4 lockdowns and I cant see the out of home channel bouncing back to full steam in 2021. I see growth coming, but I think COVID will continue to be a drag for CCH.
I am fairly new to investing, have a position in CCH and intend to hold long term, I think there is scope for both earnings growth and dividend grow in the medium and long term. My BEP is low 19's. If I had spare capital I think I would hold on for a purchase a day or two after the results have posted, expecting a drop in the SP. That being said i've used all my spare capital on GSK / ULVR. Make of that what you will :/
This is just my opinion and I am a stranger on the internet. Do your own research.
Been lurking for a while , total pandemic amatuer trying to take more of an interest, ave £17, thought about taking some profit at £24 recently but my friends think think i should hold for £28, thoughts?
We like the stock!
I saw this product in Sainsbury’s earlier this week. The tin / artwork stands out and is fairly recognisable.
They had three flavours in (Lemon, Mango and Pomegranate) and I decided to try the Lemon, safe bet and all!
Closest comparison to me was a G&T. I’m not a huge gin fan, so it didn’t really do it for me, but I could see the appeal on a warm summers evening . I’m guessing the appeal is there for people who want the lower sugar option with the convenience of the can.
I won’t be adding it to my cart on a regular basis. Might revisit it in the summer.
Personally, I feel like the name might be the biggest barrier, at least in the U.K. I could be wrong but it just doesn’t work for me.
Looking forward to see what the future holds for it.
Anyone else had it? Any thoughts?
Yumm.