gamesinvestor
23 May 2017
Dividend No announcement yet on the dividend date or amount?Last year the 1H dividend was 7p and ex-divi date was 26 May.Games
gamesinvestor
22 Apr 2017
Fever Tree v Britvic Difficult to compare the two really as they are different beasts, but interesting to look at a few stats.Market Cap -- FEVR = £1.81Bn ; BVIC = £1.75BnRevenue -- FEVR = £102M ; BVIC = £1,431MPre-Tax Profit -- FEVR = £34.3M ; BVIC = £152MEPS -- FEVR = 23.6p ; BVIC = 49.3pP/E -- FEVR = 60.8 ; BVIC = 14.1Dividend Yield -- FEVR = 0.4% (massive growth rate) ; BVIC =3.7p (slow growth)Borrowing -- FEVR = £6M (negligible) ; BVIC = £491MPension Liabilities -- FEVR (negligible) ; BVIC = a big numberClearly Fevertree was the one to own over the last 3 years, is it now on a P/E of 60?Fevertree has yet to penetrate foreign markets, Britvic is established -- has Britvic's recent rally run it's course and does it now carry a downside risk if they mess up in a few markets.One worry I have is that the US reported 20 quarters of declining volumes in soda sales. Are we looking at a shrinking market and it's all about healthy fruit drinks from here?Games - starting to develop a fever thinking about it.
gamesinvestor
22 Apr 2017
Fever Tree It's market cap is now greater than Britvic - ouchAlthough the business models and valuations are totally different.Fever Tree farms out all the manufacturing making them asset light and brand rich.Is that the right business model long term?Games
gamesinvestor
19 Apr 2017
Re: The Soda Industry replying to my own message :-Is this enough?[link]
gamesinvestor
19 Apr 2017
The Soda Industry Some realities to be facing when considering the long term for Britvic and it's competitors like A. G Barr and Nichols :-[link] - Sales of soda drinks decreased about 1.2 percent in the United States in 2016, falling for the 12th year in a row, a report by trade publication Beverage Digest showed, as demand was hit by consumer choosing healthier options and a slew of sugar taxes aimed at stemming obesity and diabetes.1.2% is a pretty big drop in one year.Does Britvic have enough non soda (no, low) sugar products to compensate for this?Games -- will reconsider holding around the 700+p level
Alan Tittymarsh
13 Apr 2017
Nice run Well, BVIC have had a nice run since December and no complaints from me. The chart still looks strong and 700 looking like more a formality. However the Dow and FTSE have had a long bull run, over 8 years now, when the average bull run over the past 50 years has lasted 5-6 years. So we are definitely at a mature and increasingly dangerous phase. Looks like the Dow has been struggling at this level to top 20,000 for some months. I'll hold on for the time being but Trump's warlike actions and prognostications could eventually unsettle this market.
gamesinvestor
28 Mar 2017
Re: Fever Tree Looks Good "No reason why Britvic shouldn't enjoy some of that."sound - I did my bit yesterday and bought a few bottles of Robinsons.Games
sound money
21 Mar 2017
Fever Tree Looks Good Results really good as "people cut back on drinking alchahol". No reason why Britvic shouldn't enjoy some of that.M
gamesinvestor
03 Mar 2017
Done deal [link] -- seems plausible and still around 10% of Britvic's business
gamesinvestor
01 Mar 2017
Irn Bru turns sour Thought you might like to see what the comp is doing :-[link]
gamesinvestor
27 Feb 2017
Re: trading statement ""I hope they know what they're doing!""LK -- Maybe they do, maybe they don't, but the Brazilian venture is a relatively small part of Britvic's business, so I guess it concerns me less than the debt Britvic holds, however, they are chipping away at this.If interest rates stay low then they could chip a bit more away.Games
LK Hyman
27 Feb 2017
Re: trading statement Games,"It had such a negative effect on Diageo when they overpaid and made a complete hash of it."Yeah, and don't forget, m8, that Diageo already had a big Brazilian biznay when they bought Ypioca, so they knew the place and the business practices well. These Britvic chaps are newbies in Brazil ... the land whence 3G comes LOL.I hope they know what they're doing![link] on the flybridge ducks head back under parapet
gamesinvestor
31 Jan 2017
Re: trading statement "although I fail to see why the market has had such a downer on these shares"Alan, as a relative newcomer to Britvic in December, I too thought the low price was an anomaly, and made the decision to buy in.I put 2.5% of my wad in and so far it's been a good move.I wonder how much the move on South America caused the sell off?It had such a negative effect on Diageo when they overpaid and made a complete hash of it.Still, it's still a relatively small proportion of the overall business.All the groups seemed to have advanced well in the last quarter so let's hope it stays positive. Even France moved up.Reducing the debt would be a nice target.Games
Alan Tittymarsh
31 Jan 2017
Re: trading statement Although I never considered selling BVIC having bought only a few months ago at 580, I must admit I was beginning to wonder if they'd ever manage to breach 600 again, having managed to stay above that level for so long. Glad I held, although I fail to see why the market has had such a downer on these shares Let's hope this is a genuine change of sentiment and not a false dawn.
deepsleeves
31 Jan 2017
Re: trading statement To be fair the management has a track record when it comes to reducing debt having reduced it from £512M to £335M between Sept 12 and Sept 15BVIC also gives that vert reasonable 4.2% dividend that is almost twice covered.Looking to keep for the medium term.Deep
