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This has smashed market expectations yet again. Retrace on profit taking understandable but with such stunning sales and profit I can see this comfortably double again within 12 months.
Fever-Tree: Investec maintains Buy with a target price of 2330p. The sell off today is in part probably due to the recent announcement by Schweppes that they have a premium product now. No need to have a takeover now.
I think there is plenty of scope for the Fevertree brand to grow and flourish in the world market. For example China loves our whisky, so they will probably love our g&t and premium brand mixers.
Nicely done Notrac, wish I had the foresight to sell a few this morning and buy back now
Sold first thing when there was no follow through. Amazed at the fall: either a major short or MMs gathering for another institution. There's so much anecdotal info that the product is going great guns. Bought back in just before the close.
Amazing how drinks go in phases gin and fruity cider popular at mo full of innovation
Now the standard tonic on all BA flights. Full page ads in BA magazine. Huge numbers of bars/restaurants promoting it I travel abroad widely and its become very prevalent in business hotels too. Co-branded gift products from Dartington Crystal Marks & Spencers now selling it.....no THAT's a turned page instead of own-brand A lifestyle brand with the associated premium anc cachet....what's not to love? I was the fool that sold a load on the way up through �20 and now have bought back in on todays drop. Dummy.
I wouldn't be any good as a bartender :-)
sorry dark rum on this one not whiskey oops
also very nice as a dark and stormy (Whiskey with added lime juice)
I had a fevertree ginger beer few weeks ago in a Beefeater and it was nice with ice-expensive for what it was but similar to other soft drinks. In pubs and restaurants Pepsi and Coke become premium drinks as you’re charged premium prices.If people pay up for alcohol then people will pay up for nice soft drinks if they’re driving or found StopOctober or DryJanuary. Seen the fevertree range in Tesco and if you’re paying for a nice Gin then why skimp on tonic Paul
I think that there are some nervous small holders of shares. When the price goes up they want to bank some profit. That folks is not a Buffett principle You should hold great stocks forever
Make the most of it, I think someone must be building a stake again. Im buying
What’s going on?
I mean it did rise by 15%+ yesterday, I am not surprised by a fall today and I am ok with it providing it doesn't wipe yesterday's gain entirely...
IT is indeed an RNS to say that Old Mutual have increased their holding by 1% and now hold just shy of 10%. Great news BUT today's fall is baffliling unless they have another big institutional order to fill?? Drop it big time, panic holders in to selling, get loads of sales et voila, we have all the shares we need to fill the order! At least I am hoping that's the reason! ATB
Old Mutual are pretty serious holders here with 10% that's huge
Looks like an approx. 1% increase to me
Is that Old Mutual increasing it's holding? Or reducing it? I've never worked out how to interpret those forms...! Looks like an increase to me?
Its like riding the big dipper!
Well it’s breaching -10% now... at this rate it will be lower than before the positive trading update!
I took 70k out of this at �24 but now its starting to go back in on this drop
all I see at the moment are small sellers and quite a few large buys, that's AIM for you buying opportunity again This stock has been quite volatile recently
Why is it dropping over 7%...? No news?
Our local Sainsburys stock a 12 tin pack of the pink aromatic tonic too