Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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With these figures it should get back to at least 25 in short order.
Once again very satisfactory results especially in USA where future looks very bright.
Acker
Market reacting to further GM and EBITDA margin declines
And share price down. Its a funny old world
I see this company is floating soon. Anyone got thoughts on its prospects and if it is likely to take market share away from Fever?
Holding for elder son in his SIPP has been cashed in today to bank a 12.63% uplift. My holding in my ISA remains unchanged.
Being over a certain age I've already had both my vaccinations done, but agree with your prioritization. GL for Sunday.
I think it was an HL item I read that commented that this week many traders have been away from their desks as it's half term week, so things would be a little other than normal. This all goes to reinforce the maxim that patience is a virtue, especially for investors. We look forwards; fingers crossed for June 21.
Oldfortyniner, I have not pressed the sell button, for the simple reason that the argument to continue to hold is more compelling than that in favour of selling. The change in holding by Morgan Stanley has caused the SP to wobble, but today is a down day for most of my holdings so no biggie in the overall scheme of things.... just a litttle larger fall than other holdings.
Since there is some ambiguity on the easing of restrictions (in the UK) provisionally mooted for 21 June, investors will probably want to sit on cash until at least the outlook is a little clearer. I am in that category and see no point in fiddling with my portfolio until at least 14 June when an update will be published by the Government. (Unless something else triggers a decision, of course).
I have my 2nd Covid Vaccination scheduled for Sunday. Much more important than worrying about stock exchange movements.
Excuse the apparent familiarity but alas, Smithy, depending on where you topped up, you're probably going to be heartily brassed off with today's opening. What looks like a shift in position by Morgan Stanley doesn't seem to have done it any favours. You have my commiserations. I haven't changed my holding, but am staying in there for the sort of future you are looking forward to, and this does not look a very pretty start to the end of the week.
Hindsight is brilliant, isn't it? After all, it betrays all the little mistakes, the short term decisions, which when repeated become long term decisions quite unwittingly. Hey, this is not a rhetorical post but more one of strategy where we could all do with sharing others thoughts. So, to start the ball rolling here goes:
I'm not going to pretend that I am right or wrong or have any special knowledge - I am just an ordinary herbert that has been round the block a few times and has made plenty of mistakes.
Latest broker opinion is to sell with a target price quite a bit down from where the shares are now and since published the SP has risen. I have recently added shares, but I don't have the privilege of broker notes, so why have I bought shares? Well, I expect that the share price will rise. I think that the rise will be greater than for its peers such as Diageo (yes I am comparing with a colossus) because I like niche, I like the whopping markup for flavoured water and I like the fact that "Kevin", "Sharon", "Tracey" and "Roy" are choosing Fevertree water instead of "You know who" for whatever reason they want. Perhaps it makes them feel sophisticated or like to be associated with the "brand" - I really don't care. What I do like is that the Kevin's, Tracey's, Sharon's and Roy's are being replicated in new markets which means that volumes of water are likely to increase. That I can't stand the additions of cucumber or any other concoction that for me ruins my evening drink as I wander around the garden trying to ignore the weeds before supper gong sounds I am endure the delights of whatever my wife has concocted., is neither here nor there. Somewhere, people are buying this stuff and, thus far my purchases are not doing too badly.
America (one of the largest markets in the world) is starting to grow - it will make UK sales seem trivial. Brexit rules will settle down and all will be fine in a couple of years for the European market to grow. What about China? That surely is a target market? Growing US markets customers by a compound 7% will have sales to dwarf those in the UK in 9 years. I think that the SP is back on track for exponential growth. Not advice, of course, but the points to support not owning shares in FEVR suggest to me that the recent broker note is tripe.
ihalliwell10, I'll drink to that! :-)
Br3xiUK, I wasn't thinking of causing an inflationary spiral; my take was more that all the other brokers haven't changed their opinions so it's a shame that just one has to be different and the whole house of cards collapses. If someone had put out a positive it might just have balanced things. At least today's rout seems to be correcting itself which is what matters. Good luck all.
Profit takers are out now, 2540, a steady prolonged move north now to 3000 imoo, as long as the US and UK continues to open up , we need some serious bar drinkers to get stuck in over the next sunny few months....
The more positive outlook brings even higher valuation. That’s the balance you looking for?
GL
Most disappointing to have yesterday's storming performance wrecked by an unnecessarily downbeat opinion. It is true that the high valuation renders FEVR sensitive to anything with even the slightest negative whiff about it. What we need now is someone else with a more positive outlook to give their verdict and restore a bit of balance!
I note that Berenberg have re-iterated their guidence of HOLD today with a target of 2300p. I guess they have not really studied the figures this week and put them into context in what has been a tough year for drink exporters to US with tarriffs introduced by Trump and the shuttering of many venues.
We can probably all admit that the valuation for FEVR is pretty lofty when considered from a fundamental perspective but having demonstrated substantial growth in the US in one of the most challenging periods, I would have thought that it merits HOLD though without the constraint of a price target.
There was a passing reference to FEVR in todays Investors Chronicle. I will read it over the weekend.
I'm not too technical in approach but I am holding for long term unless of course there is a take-over, quite possible. The market positioning is incredibly strong, not surprising as they to some extent created it and I do think they will continue to grow the US and other markets. It is a "thing" alright...
Well, Mr Market certainly seems to show approval for the shares today.
From a different perspective, the technical interpretation of the charts has an interesting potential liklihood to transact. I'd like to make it clear that as far as I am concerned this is not a reliable method to use but it can help some, I suppose. I am expecting a golden gross to occur in the next few weeks. A golden cross is broadly defined when the 200 day moving average and the 50 day moving average are seen to be rising and confirmed when the 50 day line crosses the 200 day line.
And while this is not infallible, it can bring the "technical buyers" out in force so that things are rather self fulfilling and the price continues to rise. While we (or more correctly, I) am/are on the subject of technical analysis, the 50 day trend is rising at a slower pace than that evidenced between May 2016 and its peak in September 2018.
I'll continue to add as funds permit on down days but seems to me idiotic to consider selling. It would be heartening to cross the 3000p threshold, though I doubt it will be before the late autumn.
Basically Fev are at the mercy of Covid for growth, however, the vaccine is looking likely to have allowed the UK to open up, the same should follow in other countries, if this is the case , by year end Fev should be booming, but a very cautious outlook, probably because they need to tell the truth here, if there are lockdowns, then there is impact, if not then this is a racing car in a red in terms of growth.
38% in the US..... monster growth in a huge market...
Long term hold.
Report looks good to me.
Growth in USA continues..this is what i want to see.
Good figures
Acker
Diageo which is visibly seducing investors with its decision to restart its capital return plan following a strong recovery led by North America.
Fev to return to old levels for me over the 12 month term, 3500
Presumably covgaz, your remark was directed to clairesmith rather than me. Although the SP appears to be rangebound and has been since June last year, the circumstances of last year are now largely under control in the UK and US but a few weeks behind for Europe.
This has all the hallmarks of very strong growth, the trigger probably being when ALL restrictions on distancing, masks and travel are removed for our main markets. At that point, I would expect share price growth to be at rate consistent or better than the years 2016-2018. Whether the high at the 4000 barrier is broken would be down to the fundamentals at the time.
No chance Smithy , not with the economy starting to open up. You will not see 21£ again b4 September. More chance of 31£.
Well at least my eyes are OK. 75000 shares sold for £2m recorded at 17:12 having been reversed out earlier on.
And I swear some have now disappeared, including one at £2m.
Maybe I'd better leave off the G and stick to the T or get myself down to Specsavers :-)
A shed load of trades reported after market close and after the uncrossing trade. Some at prices seriously over the ask and some in serious volume. The share price on LSE is higher than the stated bid/ask. What's afoot?