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Not really sure what is going on here, two small flash crash-type affairs in a week or two!
Hit a bit of a sticky patch here!
It feels like my holdings never rise dramatically together, only every dramatically downwards in sync! I can get a stellar performance one week from a single holding and a respectable or mediocre performance from the rest in the same week, but they all love to tank together and never shine together! The world is against me! :)
Ouch
May I ask who bamboo is? An experienced hand of these chat boards I presume? Regardless I am interested to hear what he has to say if you are both rooting for him!
Just tried Fever Tree's Naturally Light Ginger Beer and must say I'm blown away, seriously zingy and low sugar (fructose) without any sweeteners. Had a look around online and it's almost nothing but 5 star reviews hailing the taste, absence of sweeteners etc. They really have made some cracking products in what I would have thought an overly saturated market if you had asked me 5 years ago, but they've managed to find a niche!
And long may it continue, cheers to that! Quite excited for the trading/results update around July time (I think)
Aye, I'm back in also, bought back in around 1650.
I too am seeing this as an opportunity to buy back in between 1600 and 1650p after my stop loss took me out at 1620 last week.
How do we think this bodes for the prospects of the business? I think he is likely taking some money while the going is good, as identified by another user he likely continues to hold sizeable equity.
RNS: Fever-Tree announces that it has been advised by Charles Rolls (the "Selling Shareholder"), one of the Company's founders and its Non-Executive Deputy Chairman, that he intends to sell approximately 2,500,000 ordinary shares in the Company (the "Placing Shares") via an accelerated bookbuild placing to institutional investors (the "Placing"). The Placing Shares represent approximately 2.2 per cent. of the issued share capital of Fever-Tree. http://www.fever-tree.com/corporate/investors/regulatory-news/show/2276327
Will buy back in if this drops more as I do believe it has long term growth potential, but had to take some profit.
Will buy back in if this drops more as I do believe it has long term growth potential, but had to take some profit.
Well that turned sour pretty sharpish
I too was very close to selling, thankfully I made the relatively stupid decision (it's not worth the dividend) of waiting until the divi is paid! Thankfully that means I've been in on the 5-10% growth of the past week or two!
Positive content in the speech to be given at the AGM today, chairman is to say: 'Fever-Tree remains the pioneer and market leader of the premium mixer category and the momentum seen in 2016 has continued in the first four months of 2017. Given the strong sales in the period to date, the Board anticipates that the results for the full year ending 31 December 2017 will be comfortably ahead of current market expectations.' Opened well !
Sorry, my last should have read 'I have not really seen anything material come of this as of yet' regarding the Fever-Tree and Havana Club partnership.
Hi Stellar, opinions of all varieties are always welcome in my book! I think you are right, I did hear whispers somewhere of a 'partnership' with Havana Club but I have not really such anything material come of this as of yet. Sounds promising, however. I think I may well top-up at some point, surely this run can't go forever and there shall be a dip in which I can buy? Best, Chris
I've always thought that long-term it will likely get snapped up by someone like Coca Cola Enterprises, particularly if it begins challenging the soft drinks market (like with the entry of the new Madagascan Cola drink). I think that, however, is a long way off as it still has a very, very small share of the wider drinks market. Of course it plays on the premium field where I don't think Coke and the like will be too worried about it for a while to come. Having overtaken Britvic's market cap was an interesting milestone, though. If those mixers start being drunk on their own then I think they are onto something really huge. I've also imagined, perhaps letting my mind run away from me, that when their brand profile is significant enough they can partner with more premium chains like M&S/Waitrose and have their branding and product on and in those pre-mixed drinks and the like. ...I think I'm letting the SP get to my head!
One of those ones where you wish you had bought more first thing! I bought in three times at 1122, 1472, and 1507. Am I mad for thinking to buy more at 1700?