Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
I can see why after this update :
Copied below is an extract from Wetherspoons’ trading update today; bodes well for FEV.
“In the last 15 weeks, there has been a considerable increase in sales of the range of drinks often consumed by younger customers, for example ****tails (+45%), vodka (+17%) and rum (+26%).
In contrast, draught products, more often consumed by older customers, have been under pressure, with traditional ales down by 30% and stout down by 20%, for example.”
Looking good for progress, mostly positive notes coming from Fev, II's and directors.
Sort out logistics and the US and return to normal levels in the UK and going to provide a bumper period for Fev.
I noticed new flavours this month in readiness for Christmas, suspect its well on top of keeping ahead of the pack and refreshing itself.
DYOR for me, FEV is set to power ahead,
I'd really like to see if Fev would consider a US float to really get these going.
half a billion to add to the pot of cash from todays RNS ( I think), always handy to have some cash flowing in on top of what is expected, hopefully that adds to a rosey picture on the 16th, divi and update coming, FTSE anchor company starts to tick up over a 2+ year period for me.
Target cyclical price 130-150 for me, dropping heavily around divi times as usual.
Does anyone successfully trade these ?
DYOR
My view is that Goldman have this as their conviction buy, and with Divi becoming due people will be buying , add to this the JP Morgan view that the FTSE is cheap , seems to me that money will be pouring into UK plc and what safer way to do this than back VOD over a 2/3 year timeframe , I'm holding for my 7% Divi and steady cyclical peaks and troughs, this year you could have sold at 140+ , suspect the same will come and go , I'm almost tempted to trade it in this range.
Dyor , VOD is solid for me
Forget any detail, because you will need to make this investable, but for me, this is a speculators dream, it has some DNA routed in technology , a lot of spin and the right market to attract a great deal of late interest in crypto, with a sprinkle of influencers like a US crypto technologist and QBT will rocket..... my target is £3+ or bust, no inbetween with this.
DYOR
what I will say, is that there is a great deal more detail that seems to under pin some expert work that has taken place to test out a theory in a cost effective way.
This potentially has potential. :)
DYOR
think RBG is much better value for money, interesting write up on RBG from paul scott on stockopedia , I think fair debt free RBG value is circa 30p as long as they stay on top of logistic and employee costs then I think this will rise into year end.
DYOR
Logistics the only thing holding back Fev to move higher , challenging times for the management side of the business to break the logistic problem down in a cost effective way that enables the business to flourish, they seem to have plenty of backers , i'm personally holding for north of 3300.
DYOR
expecting an RNS, this hasn't opened yet....
been a few false dawns, largely depends on lockdowns and supply problems,
Peel hunt bought 10% , must be something coming up .....no idea where this stock is going or for that matter what they are going to do
seems like blackrock are continuing to buy SRC, cant be a bad thing, over 12% now, how far will they go.....?
They certainly believe that SRC will be significantly bigger over a multi year period.
It's a bit like the TV companies turning into producers as content is the king , with social media , no longer will advertising be the main revenue it will be product sales, the opposite route is for Amazon to add social media ( oh wait twitch) , it's happening online sales to collide with social media shein and tiktok likely to be a leader here with the rest in a blood bath of M&A.
DYOR
https://qz.com/2077537/paypal-and-pinterest-could-build-the-digital-shopping-mall/
PayPal wants to become the internet mall, very interesting and very big numbers , perhaps a fast fashion acquisition to bolt onto their pins scrolling platform into shopping platform ....
Going to be some big M&A in online platforms as this scrollers to shoppers transition happens.
DYOR
BlackRock expect to make significant returns from SRC so I reckon this is on a multi year trajectory for continued m&a growth until such time as a big boy pick them up , as long as SRC can continue to buy and build ever bigger groups at the same PEs then I reckon I'm with BlackRock holding on for 2023 + for a multiyear bagger.
Dyor
Seems like deepverge are following all be it from some way behind ......thoughts ?
Supply issues will be over in early 2022,
I think 50p , plus a Divi are well within reach in 2021, dyor let's see how we go
M&A kicking in, in this sector , papers at the weekend could be full of vertu value , re rating to £1 on speculation of a bid or merging ,
DYOR , theses in my view are undervalued at 80p
This is all finely balanced upon any lockdowns and entry to pubs being free and easy and safe through until Jan and then beyond, personally, the 700k people coming off furlough will either need a drink or a job and both lead to a good outcome for Rev.
DYOR