Eight Capital & the Supply@ME shares – the piss take racks up a gear, surely even the FCA cannot play ball now?
Enabling crime DOES pay – Weedy FRC ruling on Grant Thornton & David Newstead over Patisserie Holdings fraud
In March I observed that “I'm still not buying the stock - or drinking the product - of Fevertree (FEVR)” HERE. The one line view is that nothing has changed and (interestingly given the general market movements over the last few months) the share price is about the same level as it was about six months ago. Whilst the latter sounds dull - especially as the dividend yield is still under 1% - it has not been a disaster given the volatility in some other share prices. The challenge for Fever-Tree however remains its c. x40 EV:EBIT multiple for the full year, around double the level of underlying operating earnings growth. As always, it depends on what you pay for forward growth potential.
I think I have tried a Fever-tree (FEVR) product once but I do not have the right drink preference to be a natural big fan. Anyhow, I did not decide to chase the stock when I last wrote it up in April last year here which actually turned out to be a duff call, as it seems many investors seemed comfortable in paying a higher and higher multiple. Well, funnily enough, I have never really found a forward 40 plus earnings multiple as an easy purchase.
Fever-Tree (FEVR) has updated emphasising “consistently strong performance through our Off-Trade channels” and “pleased to announce the acquisition of Global Drinks Partnership, the group's sales agent in Germany… providing us with an ideal platform to take advantage of the opportunity within the German market and accelerate our growth”. The shares have currently responded to around 2300p, circa 5% lower...
Hello, Share Tellers. Though there's still some excitement about Fevertree (FEVR), the highly successful maker and seller of mixer drinks, I rather think this ship has already sailed. I said so before in a pre-virus environment and I rather think the same view holds. The pandemic has had a binary effect on drinks companies...
Three months ago I asked the question, Has Fevertree (FEVR) completely lost its fizz? – concluding that 'it might have a nice product but it is not yet a good enough GARP stock to buy without a belief in a speculative bid approach'. That looked a smart call with the share falling from fourteen quid and change back in January to a low point of barely nine quid a month ago. However it - along with a number of stocks and sectors across the market - has bounced back strong and after a romp today has pierced the fifteen quid level at the time of writing, albeit this is still half of the 52 week high and even further behind the all-time high...
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2019 and thus far in 2020 (by net short position %, those in bold not on the list at the start of 2020) – and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
Hello Share Makers. One benefit of following a bullish reporter like me is that it's tempting to ascribe a bit more attention where I take a more bearish view of a stock. As predicted, my fears about the rising share price of Fevertree (FEVR) have come true. The market leader in mixer drinks has just reported a disappointing Christmas. The numbers are not too bad and would probably have not made much difference to a most firms but when your share price has been growing very fast on hopes of continuing growth, well the market can punish those that slow down...
So I see that Intu Properties (INTU) fessed up to the need for a massive cash raise as I mused upon yesterday, a disclosure which has pulled down the shares over 5% as I write. However, it is a bigger share price fall that is grabbing my attention this morning…
Hello Share Gatherers. It was a long time ago, but I think I may have been among the first to commend Fevertree (FEVR) to your research list. And since then the share has rocketed. Not that I can claim credit for such a popular tip anyway. But at present, I’m rather cooling on this wonder share...
Hello, Share Tailors. After supporting Fevertree Drinks (FEVR) quite heavily in earlier days on this magnificent website, I eventually got cold feet at the constant rocketing of the share. Overly confident that what goes up must come down, I sold my holding far too early. Never mind, a profit is a profit – and without trying to sound like a case of sour grapes, I would not buy the stock now...
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2018 and thus far in 2019 (by net short position %, those in bold not on the list at the start of 2019) – and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
Fevertree Drinks (FEVR) has updated noting some “further encouraging operational progress” and that “we remain confident in achieving board expectations for the full year ending 31 December 2019”. The shares have responded, er, currently towards 2700p – a few percent lower…
Hello, Share Swishers. At a previous Global Group UK Investor Show, Uncle Tom invited some of you onto the stage to see if you preferred Fevertree tonic water to another kind. All but one of you opted for Fevertree (FEVR). Which helps to explain its amazing rise and rise in the supermarkets, shops and pubs.
In what has been the longest running bull market that I can remember, in which stocks have risen, pretty much in a straight line for over nine years, it has been hard for bears to witness the benign tolerance with which evidently flaky and fraudulent companies are treated by the investing community. In these times patience is required, and it is worthwhile preparing a watchlist of names that are likely to be the most vulnerable when the market finally rolls over. While this list should comprise for the most part those with over-leveraged balance sheets and questionable accounting practices, solid companies should not be discounted out of hand.
Hello Share Masters. At the big UK Investor Show last time, Uncle Tom launched a big demo on stage to see if one brand of tonic water was better than the more common kind. I think he may have been surprised when all but one of the audience he dragged up voted that Fevertree (FEVR) tonic water tasted better than the other brand on offer.
This is interesting. Are the glory days of Fevertree (FEVR) behind it? Is it time to call the top? This is the bear case as presented by a leading broker today. It is an interesting read...
Fevertree Drinks (FEVR) is a company that I have admittedly been wrong about in the past – I like the product and way the business has grown, but thought the valuation was crazy!
Fevertree (FEVR) has announced blisteringly good interim results today, helping to nudge the share price higher by another few percentage points. With the market cap rapidly closing in on £1 billion, investors would do well to re-assess their positioning.
Hello Share Pickers. Whenever I consider tonic water, I always think of, well, you know who. But they're not the only people to make this vital addition to a small gin.
Even when you find a company that you fundamentally like, you still have to buy it at the right price to maximise your chances of a profit.
If you want me to analyse a stock for you just drop me a line at firstname.lastname@example.org - Today I look at shares in Fevertree Drinks (FEVR), Finsbury Foods (FIF) and Tristel (TSTL) and set share price targets for all three stocks.
If you want me to analyse a stock for you just drop me a line at email@example.com - Today I look at shares in Fevertree Drinks (FEVR), Gamma Communications (GAMA), Imagination Technologies (IMG), and setting share price targets for all three stocks
Apparently one of the keys to business success in the early 21st century, and in a deflationary environment is to specialise in a niche market – something which means that if you play your cards right you have pricing power, and hence can resist the ravages of falling prices. Fevertree Drinks (FEVR) could be one example of a company that can do this.
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