Member Info for Rufiji

I do not know members are following the travails of Acacia Mining in Tanzania, but it points to a less welcoming environment for foreign firms - guilty until proven innocent seems tje Governments position. Let me say that no doubt Acacia are pushing transfer pricing and global invoicing to externalise and boost profitability, but that is not to say they are acting illegally. I think the Tanzania for the Tanzanians mindset that seems to be increasingly ingrained will not help FJET in that country.

looks like publication of the results again is being held back to late in the regulatory window ( by June 30 ). Usually a negative indication, and I expect the actual figures to be grim. I guess the guidance will determine if we get a move upwards. Perhaps that will be the case with the Zimbabwe operation, but perhaps not for Tanzania.

My position also. Say another 100 -150 shops in the UK / Ireland plus a couple of bolt on acquisitions ( Richoux is name thrown around ) could see NP up 150% plus. The cream is that as expansion moderates the superb cash flow generation will flow to the bottom line supporting a material increase in the dividend.

Marksman, I agree with you. As well, being a small company currently, FJET may avoid the pressure for racial preference, contracts to indigenous businesses etc Certainly also, the remuneration bill should go down vis-à-vis Gatwick ,

I cannot disagree with any point raised by board members. But it sh sows.the increasingly brittle and.challenging environment companies in southern Africa are facing as restitution and redistribution are gaining.political momemtum and.race.is again rising up the agenda. Nor.is.the issue one-sided . But resentment and.easy popularist solutions are.certainly gaining traction wiith Namibia now actively cavassing Zimbabwe like seizure and.redistribution of assets and South Africa raising the issue if probably shy to implement it

As tyche states this practice is more common in Africa than might be assumed. If I book a flight on SAA for my.wife using my debit card either she has to take it with her for inspection or else a.photocopy signed by myself.formally.confirming how the ticket was purchased.KQ less demanding. So it is not a.FJET specific practice. Not sure if this requirement is driven by the.airlines or.the banks/'VISA

I agree it may as projected market forecasts for this year around 54.5p eps ( Shore Capital) would imply a PER of only x 8 on current share price. My point is that the announcement on revenue recognition was unexpected and not anticpated by the market.

Longer term probably but likely the upcoming results will be below expectations given the fall in REPORTED profit. From the share price fall this morning the market thinks this will be the outcome

Profit warning with significant delay in revenue bookings. Order flow well ahead of forecasts but unfortuanately this statement was not anticipated.

No doubt we are now he mercy of wider market influences. The Republicans are trying to get their Obamacare repeal and reinvent legislation through the House of Representatives tomorrow and it does not look good for them with a reported 27 holdouts. No doubt pressure will be brought to bear but failure to pass this bill will mean it unlikely that Trumps Tax and Infrastructure bills will be considered until 2018. If the legislation does pass hopefully a rally at least until the Senate votes. If it does not, no doubt more downward pressure

These are good results but they did not beat market consensus, so did not drive any further upside.The guidance was positive but could have been more upbeat if indeed that would havee been justifed. Still FEVR has a habit of underplaying results announcents. If one assumes ongoing growth of EPS to 40p this year and 50p in 2018 then tje forward drops to 27 or thereabouts which is low if the rate of.growth continues to. Impress. By the bye the compamy is not necesarily overvalued on a PEG below x1, and which is a much more relevant ratio for a growth company than the PE ratio. I guess we will have to wait for the May trading update to see whether the fast rate of growth is ongoing. While optimistic that it will ne for 2017, any sign of a slowing rate of revenue/ profit/ eps growth will ne heavily punished by the market

All metrics seem to be movimg in the right direction. The exception as indicated previously was tje much slower comparative growth especially on a constant currency calculation in Europe and US. On yesterdays price, FEVR is trading on around a PE of 60 and PEG ratio attractive, so an accepted PE of x70 would see an sp of over 1600 if the market buys the comment on further significant growth.

Good results but around consensus so possibly built into tje current share price. Attributable EPS possibly a little short of the optimistic expectations. Reaction will depend on whether the guidance will be taken as indicative of further significamf growth.

There is one small area of concern and that is that 2016 half on half sales for Europe and the USA did not seem to grow as fast as elsewhere. Some evidence that this this is just an outlier would reassure. I am not so much interested in the results ( although if pre-tax profit beats consensus forecasts of around 34-36 million, attributable eps of 25p-26p that would be a big plus); what we need is optimistic guidance on; 1 Accelerating growth at the beginning of 2017 2 Success of new products 3 Evidence of volume growth in non-UK markets 4 PEG remaining well below 1 ( which it should on consensus expectations) If, unfortunately, results counter in any way the trading update ( sales below 102 million, rate of growth pull back etc) than undoubtedly the share price will retreat 10% -20%. Fevertree has a history of beating expectations, as a previous poster pointed out, so I remain optimistic , but a little apprehensive all the same

Agree, the beginning of year trading update signalled 103 million and if the results fall short of this figure the share price will tank. I am expecting a beat and the PEG ratio to indicate strong ongoing growth. However, rather than the actual figures the guidance will be core to how the market reacts. Optimistic noise about the success of the two recently ontroduced mixers and on overseas performance would be very welcome.

Cant help feeling the golden age.of banking is over at least for a few years. Gulliver seems competent and realistic and is flagging 10% return on capital as mainstream for the sector against a backcloth of low.interest rates and increasing capital requirements. This being the case cant see the PE ratio movimg forward and.may.even retract. At least Gulliver has radically cut costs and removed a lot of overpaid management mediocrity, so HSBA is probably better placed than most. A good income share but whether of not there is much capital growth to come over the next year or two is a moot point.

I expect that some of those those disappointed shareholders who were expecting 1p, 2 p, 4 p etc are now exiting, as they will not want to commit long term So the sp may come under short term pressure. WSBN is a good example of what you see on the surface is not what actually exists out of sight.

Sure progress seems to be being made, but it is now obvious that this is a more complex business than has been indicated by TW and comments on this board, with considerable market risks. It is not a simple broking business with high margins. There are obviously considerable market risks which the sp will have to reflect The demonetisation efforts of the Indian government are having a material impact on gold trading in that country. I also suspect that WSBN has to carry significant inventory and take positions on clinets in support of its trading activities, which may or may not go the right way. I anticipate more progress but suspect that this will be a much longer game than many may have anticipated

It is not a speculative suggestion. Such a move.is a likely exit for FEVR shareholders in the way Coca Cola purchased Innocent and Pepsi acquired Snapple.

Scott, most of us have a good idea of how to run profit and see no reason to break the trail. With revenue signalled up 73% there is a chance that net profit could double which would see the PEG.well under 1 which indicates FEVR remains undervalued. We may also get a material hike in the.dividend Of.course if there is an unpleasant surprise in the figures, say a negative.exceptional item or costs.rising faster than revenues, then the share price may dump; but I am not expecting this to occur.