Barr (A.G.) Share Price (BAG)

Wonder if it had anything to do with changing the sugar levels in Irn Bru and people then boycotting the compnay?

Down 9 p/c today. Got a buy order in at 350 - should it get there.

Well, must be nearly a year since I last visited here.

What's that clanking you ask? - Why it's the cell keys I'm carrying.

I'm unlocking all your cell doors as of mid July - you're all on bail from circa this month. That's the key (unintended pun) turning point after a profit warning is issued - one year - and your time's up!

A paucity of interim trading updates, so can't form any conclusions going forward.
Unfortunate for BAG to have a profit warning in which before the 12 months are up, a market crash happens followed by a worldwide Pandemic lockdown.

Last July at the time of the profit warning, the PE ratio was circa P/E25.

Tonight it's fwd P/E ratio is 19.7

So, although no longer at a premium to the industry it is nonetheless slap in the average of that industry - almost as if it never issued a profit warning. Most in that position suffer a below average P/E ratio. So even at this price it's no bargain. It's fair but not cheap. Could have done with the SP being at it's worst now rather than back in the March crash - as it would have been just the job for a shot in the arm upon receiving it's released-on-bail papers, but with a P/E still a decent 19.9 it shows -

a) The market doesn't hate BAG but then again it will

b) Deter bargain hunters from coming to the SP's rescue

- especially as the forecasts for the current year and next are distinctly uninspiring.

So I will continue to keep an eye on BAG but at this P/E level and the forecast trading over the next 2 years, I won't be buying just yet. But hey! It's bail time - Up to you now BAG. The stigma of a profit-warning-hit stock is over.

I'm a big fan of this company and think it's SP should be higher, however I am getting slightly annoyed with their management - the company has no debt, a solid balance sheet and excellent brands yet in the last year they've managed to issue a profit warning and like to blame everything except themselves (Scottish weather, CO2 Shortages etc)... I think it's quite cheap at these levels but I have a feeling it will drop more with the trading update when they inevitably blame Covid, Brexit, weather, losing Rockstar, moon aligning with Uranus, etc

Two weeks later and mine was the last comment !!