Member Info for briansmith100000

Charts by Fingersxxd from ADVFN (renowned expert chartist) http://i44.tinypic.com/znaago.gif http://i39.tinypic.com/2n8pzs2.gif Closing volume was 4,275,105, the price close was above 1.5p so this satisfies both criteria for Fingers' breakout.

Oh dear, looks like it's heading further down, can't say I didn't warn the holders it was most likely to happen. So CFU burnt just under £12m in a year. They have £5m of debt. They need to raise more cash to keep the business afloat. At the AGM there were significant votes against the re-election of all directors, so I take it that holders are finally waking up to the top heavy CFU with many directors on substantial salaries that are not in line with the state of the company. Was it £2m on directors salaries of £12m burnt? Crazy! See votes against: HTTP://www.investegate.co.uk/ceramic-fuel-cells--cfu-/rns/results-of-annual-general-meeting/201311210700125800T/ So how much will CFU raise this time? £12m is enough for a year, but what progress do holders expect to see in that year? Another 150 - 200 BG's sold? Maybe 300? 400? 500? Considering CFU need to sell a couple of thousand to reach break-even I can't see that happening for at least 2 years, so even with £12m raised now at 1p-1.5p they will still need another £12m to get through the following year. 1,601.29m shares in issue. Raise £12m at 1.5p is 800m shares or 50% dilution. More dilution the following year at whatever price they are at the time. I will continue watching this one from the sideline!!

"On target to achieve monthly break-even in the early part of next financial year." Next financial year for BES starts March 2014. When BES reach monthly break-even I expect they will announce it, then watch the SP really fly ;-)

Sales still not taking off despite the hopes of shareholders that Germany FiT and UK free BG would increase sales, I was right to doubt that. Cash position at 30 September 2013 AUD 4.1m (GBP 2.5m) Net operating cash outflow for the September quarter was AUD 5.8m (GBP 3.5m) "The Company lodged its tax return for FY2013 in early October 2013 which included circa $4m (GBP 2.4m) of research and development activities for which it expects to receive a tax credit and resultant refund. Indications are that it will receive this refund in November." "In its Annual Report, the Company advised shareholders that it would maintain a focus on fundraising and strong cash management. It also stated that in order to meet its sales targets and to continue with its research and product development programme, a capital raising will be necessary." I said fund raising would be required at this time way before CFU posted it's annual report and I am right yet again. 3.5m burn / 13 week in the quarter = 269,230 per week 2.5m / 269,230 = 9 weeks of cash left since end of September, at the end of this week that leaves CFU with enough cash for just 4 weeks running!! Add 2.4m of tax refund would give them around 13 weeks of cash from end of this week, but IMVHO they would be crazy to rely on the tax refund coming in during November as cash could easily run out before the tax refund arrives, therefore I expect fund raising to happen within two weeks, probably within one week. Loan extension or placing this time is the question?

http://sfspiritscomp.com/tour

RedLeg Rum Shack 'pop-up' bar tours the UK and initiation of Investment Research The Board of Blavod Wines and Spirits plc (AIM:BES), owner of premium drinks brands including Blavod Black Vodka, Blackwoods Gin and Vodka and RedLeg Spiced Rum, is pleased to announce that it will be promoting RedLeg Spiced Rum with pop-up Rum Shacks across the UK via its distributor Hi-Spirits Ltd. The pop-up RedLeg Rum Shack will appear in major cities during November and December including Edinburgh, Glasgow, Manchester, Leeds, Newcastle, London, Bristol and Brighton. Each venue will appear for a limited period and feature RedLeg cocktails and live music. As consumers are increasingly on the lookout for new and exciting experiences the pop-up RedLeg Rum Shack provides a memorable experience which communicates the brand identity and brings it to life at venue level in an innovative way. The pop-up Rum Shack will be featuring four of RedLeg's most popular cocktails; Apple Shack, Ginger Mojito, Hot Rum Slap and RedLeg Libre. The promotion will be supported with social media activity. Since its launch in 2012, sales of RedLeg, which is primarily retailed through UK on-trade outlets, have consistently grown month on month. RedLeg is now one of the most successful brands owned by Blavod. Sales of RedLeg are also growing internationally with repeat orders being received from multiple retailer Woolworths in Australia. In April 2013 RedLeg won the highest accolade at the San Francisco World Spirits competition winning double gold in its category and as a result is currently participating in the 2013 "Double Gold" tour which is a nationwide spirit tasting for the US drinks trade and specialist media. Progressive Equity Research has initiated research coverage on Blavod Wines and Spirits and the report can be downloaded from: http://www.progressive-research.com/tearsheet/research/blavod-wines-spirits

Well that is a good news RNS! Roll on the recovery :-)

Blavod will be profitable in Q1/Q2 2014 and the MCap will change quite a lot IMVHO so no big deal. Also placing stock was taken up by the big shareholders so I expect the change of holdings RNS to be next, Howard Raymond probably took a nice chunk as he is accumulating that stock by the millions.

Interesting news and small price rise. Anyone think they were close to a fund raising .... oh yes! they are aren't they! LOL!! CFU want six million, be good it they could even get to 600 first LOL!! Can you nip over to Aus and pull them all down off the ceiling as they must be high on something LOL!!

The recovery continues! :-)

Reminder, fund raising not far away now. See previous post!

Another small rise today. More to come in the very near term I am sure.

Another good RNS will come this year. We will then see how close BES is to break-even. This was last years: Half Yearly Report RNS Number : 6054T Blavod Wines and Spirits PLC 14 December 2012 Interim Results for the six months ended 30 September 2012

So I was bang on the money several months ago when I said BES was a very good recovery play and that the recovery was well under way :) Tesco sales must be going very well for them to virtually triple the number of outlets stocking Blackwoods Gin from the end of September, just in time for the XMas booze rush :-) Another big order from Woolies, I guess the first batch is getting quaffed pretty quickly then :-) And break-even 'early part of next financial year', the financial year ends 31 March 2014, so 6.5 months to go, but I suspect with the big orders and XMas rush we may well see BES running a profit around Jan/Feb 2014. Either way it is a darn good recovery play, backed up by excellent performance under the new management, well done to the team BTW :-) I wonder how many more millions of shares Howard Raymond will acquire now that this news is in the open.

2 x 500,000 buys on ISDX today, following 400k and 300k yesterday, wonder if they all went to HR again?

Valuation X-Rated: 70,000 9-liter cases overall = 840,000 bottles US$ 40 million / 840,000 bottles = $47.62 $47.62 / 9 = $5.29 contribution per bottle at the time of the deal Costs retail $35.25 so gross margin is about 15% of the retail price With 100% retailer mark-up that margin is 30% of the retail price BES Owned brand gross profit as a percentage of sales improved from 35% to 48%. RedLeg Rum costs £20.99 With 100% retailer mark-up it costs $10.50 from Blavod 35% = £3.68 = $5.18 48% = £5.04 = $7.56 BES $ margins are from similar to much higher than X-Rated, and the buyer paid $40m or £26.67m for X-Rated, which is over 10x the BES MCap BES needs to increase sales to achieve such a prive, but it is already doing that with the Woollies and Tesco roll-outs. I believe BES will get a big USA deal soon, as buyers follow up the awards in San Francisco. BES could therefore be a 10-bagger from now to the point where a bid will come in for it. Buy and hold, in ISA if you can.

Worth thinking about, but don't take too long, HR has already worked it out ;-) "The price corresponds to an estimated multiple of 9 times the expected brand contribution."

Another of the deals referred to: GRUPPO CAMPARI ANNOUNCES THE ACQUISITION OF X-RATED® Super premium brand and one of the hottest spirits in the USA Deal valued US$ 40 million (€ 29 million at current exchange rate) Another strategic addition to Gruppo Campari’s portfolio of super and ultra premium brands in the USA, a crucial market in the Group’s international expansion strategy Milan, 19 July 2007 - Gruppo Campari announced that it has reached an agreement to buy the super premium X-Rated Fusion Liqueur, Jean-Marc XO luxury vodka and X-Rated ultra premium vodka. X-Rated was launched in 2004 in the USA by award-winning spirits creator Jean-Marc Daucourt and Todd Martin, the former Allied Domecq North America President, who are the principal owners of the brand. X-Rated, which since its launch has enjoyed a fast growth rate, is currently distributed in the USA by luxury imported spirits company Daucourt Martin Imports, LLC. The price for the acquisition is US$ 40 million (or € 29 million at current exchange rate). According to the deal, a price adjustment will be paid in the next three years based on the incremental sales volume performance over the same period (2006 volumes of 70,000 9-liter cases overall). The price corresponds to an estimated multiple of 9 times the expected brand contribution. The transaction is anticipated to close in August 2007. The consideration will be paid for in cash. http://www.camparigroup.com/en/gruppo-campari-announces-acquisition-x-rated

One of the deals referred to: Constellation Brands, Inc. (NYSE: STZ, ASX: CBR), a leading international supplier and marketer of beverage alcohol, today announced it has reached agreement with Guillaume Cuvelier and Belgian-based Alcofinance S.A., the owners of SVEDKA Vodka, to acquire the brand and related business for $384 million. The transaction, which includes the acquisition of Spirits Marque One LLC, the SVEDKA brand owner, is expected to close approximately March 1, 2007. SVEDKA, an 80 proof premium vodka produced in Sweden, was launched in 1998 and it is now the fastest growing major imported premium vodka in the United States. Approximately 1.1 million cases of SVEDKA were sold during calendar 2006, predominantly in the U.S., a 60 percent increase over 2005 sales volume. "SVEDKA's phenomenal success is largely due to the eye-catching and effective marketing and advertising campaigns that reach a key segment of the young adult market," commented Richard Sands, Constellation Brands chairman and chief executive officer. www.prnewswire.com/news-releases/constellation-brands-to-purchase-premium-svedkar-vodka-54404832.html

The notion of a bid for Blavod was mooted back in 2008 and still applies today, not only applies but Blavod is being positioned to attract it. http://www.glenboden.com/show_article_page.php?article_id=224