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I think there is plenty of scope for the Fevertree brand to grow and flourish in the world market. For example China loves our whisky, so they will probably love our g&t and premium brand mixers.
I'd agree because I bought shares a few weeks ago purely because I thought gsk was probably a good safe haven in case we have a market correction, and the 5% dividend was very attractive. The gsk SP has performed dreadfully for quite a few years, so why would anyone buy shares apart from wanting the dividend. The CEO statement didn't give much confidence about the dividend remaining at 5% beyond 2018,
Yes the pink Aromatic mixer is always running out.
Well that's a relief, I bought in last week hoping for a positive update.
Well Mic, I did the same last week and bought into Fevertree (@2100) and gsk, just before both dropped by over 10%. It's always a bit of a worry when that happens, but I bought some more if both near the bottom of the drops, @ 1900 for Fevr, and both have recovered since. I'm fairly confident both shares have good potential for growth, and gsk has the added benefit of 5% dividend.
.......if the 5% dividend is maintained for 2018, then surely the shares are good value at the moment. If a market correction does happen, then the SP probably won't drop much more? I bought in at completely the wrong time, firstly on Wednesday just before the big drop started, with a top up yesterday. I don't mind holding them if they dividend stays at 5%.
Also reacting to more bad news, such as Birmingham City Council ditching Capita early? Also the complete absence of any good news. I've sold a big chunk of my holding on a recent rise, just breaking even. I'm worried Capita has lost the plot and it's reputation is still declining.
I agree with Bsa, much public sector expertise was lost when central and local government effectively dismantled their in house teams in areas such as highways and building, outsourcing it to the likes of Capita. They will never be able to rebuild these teams because graduates prefer to work in the private sector where better work experience is available.
Needs time for the new CEO to be appointed and to win some major bids, before confidence will be restored. Sounds like they have cleared out a lot of iffy WIP off the books, so I would expect them to meet 2017 profit targets.
Good news, jumped before he was pushed more likely. The company floundered badly under his leadership, I think things had become stale and a more dynamic leader will turn things around quickly. Capita are still number 1 bpo provider in UK market.
Full year results will be announced 2 March. Hopefully profits will be no worse than the reforecasted figure, and they can be more positive about future prospects. Capita are still market leaders and there are still plenty of big opportunities to be won.
A 60% fall in share price over the last year will not be turned around until the company improves its performance and can give the market some good news. I do think Capita is basically a sound company and a market leader, but the new Chairman must steady the ship and restore confidence,