Cantseethewoodsforthetrees
23 Mar 2018
Re: Guardian Fever-Tree is toasting a £... '....and now makes the bulk of annual revenues from outside the UK, with key overseas markets being the US, Spain and Belgium...'No it doesn't.
Chicken Lips
23 Mar 2018
Guardian Fever-Tree is toasting a £82.5m payday One of the founders of mixer maker Fever-Tree is toasting a £82.5m payday after cashing in on the firm’s recent success by selling a stake in the group.Its deputy chairman, Charles Rolls, offloaded a 2.6% stake – almost doubling the number of shares he originally intended to sell after “significant” demand from institutional investors, according to a Stock Exchange announcement.He sold 3m shares at a price of 2,750p each.It comes after the tonic water group saw its share price rise more than 1,000% since its stock market flotation in late 2014.Shares in the group have risen more than 90% over the past 12 months alone.Guardian Today: the headlines, the analysis, the debate - sent direct to you Read moreRolls continues to own an 8.6% stake in the company.Last year, he banked £73m from another shares sale.Named after the tree in which quinine – a key ingredient for tonic – is found, the company wanted to offer a premium tonic water with no artificial sweeteners, preservatives or flavourings.Rolls, along with co-founder Tim Warrillow, produced the group’s first bottle of tonic water in 2005 and now sell 12 different mixers.The group has rapidly expanded its international sales in recent years and now makes the bulk of annual revenues from outside the UK, with key overseas markets being the US, Spain and Belgium.[link]
king-canute
23 Mar 2018
Re: ... thats alright .... ii brokers quote Bid:2,827p Offer:2,833p at this moment, so there is already some recovery.Rolls deserves his money in the light of the company's past track record, I wonder what his Capital Gains bill will be.
maerskcon1
23 Mar 2018
Re: ... thats alright .... I think because the 3mill. Shares where sold at £27 the market drop the price accordingly so no one can make a quick profit. It will recover because of the institutional interest. Gla
peddlar
23 Mar 2018
Re: ... thats alright .... I m afraid the dip will happen for a short while,then a pick up i hope.General selloff is also in the background.I have Buford share 2 directors sold last week and share price plummeted from 1500 to 1292 today and still slipping.I have sold all.Cant trust Trump.I shall buy back.
M y Quest
23 Mar 2018
Re: ... thats alright .... Dip possibly due to US/SINO trade jitters? All of my holdings are down today.
cosmos
23 Mar 2018
Nb: was replying to Sage in the Hills
cosmos
23 Mar 2018
Although the flip side of that argument is to question why was he was so keen to up size his sale and at a c. 10% discount to market to boot. Is it the case that the institutions are the "smart" money here and an insider is the "dumb" money voluntarily missing out on an amazing future growth trajectory... a potential future bid? That argument always makes me uncomfortable given the sheep that most fund managers are. Now before everyone flames me I'm just playing devil's advocate. I understand the bull case here and take nothing away from management for what they have achieved. I have also been an extremely happy holder in the past, selling my final tranche only recently. And of course insiders can be selling for many "innocent" reasons: desire for liquidity, portfolio diversification. But this is £82.5m of liquidity. Unless there is a gin palace under construction that's a mighty chunk of change for anyone. And given what an amazing investment Fevertree has been historically you would struggle to reinvest those proceeds (assuming that a good proportion are going to be reinvested) and achieve anything like a similar return. Unless, unless it turns out that your super star's best years are actually behind it. And the risk at 75+ historic PE is actually on the downside on any potential revenue growth deceleration. All IMHO
Chicken Lips
23 Mar 2018
Re: ... thats alright .... So whats led to the dip then this morning sell or tariff's or profit taking or all three....volume seems high so far
sage in the hills
23 Mar 2018
... thats alright .... So he sold 3,000,000 instead of the planned 1,500,000 shares in placing......... due to big institutional demand for the shares... rather encouraging .....(Certainly better than a broker forecast ....)SAGE
king-canute
20 Mar 2018
Re: RBC upgrade brokers Analysts are just as likely to get their forecasts wrong as right, and rarely if ever give a date when their target price will be achieved.Berenberg raised the target price by a precise £5 to £33.50 yesterday, I will believe that when it happens and not before. I always take analysts forecasts with a large pinch of salt.
Chicken Lips
19 Mar 2018
Re: RBC upgrade brokers I liked the article from the Times this weekend about Conviviality and its problems. Hours before it dived a broker note was issued to, yes you guessed it - BUYIn a 22-page note, Investec analyst Kate Calvert explained why shareholders should load up on Conviviality, the owner of the Bargain Booze and Wine Rack chains. Its “one-stop proposition is resonating with consumers”, she wrote, before predicting that the shares would soar by 55% to 455p apiece.In a matter of hours, her breezy optimism had been demolished. That afternoon, Conviviality served up a super-strength profit warning that has left the former stock market darling fighting for its life.[link]
king-canute
19 Mar 2018
RBC upgrade Upgrade today to 3300p, but when that is achieved is anyone's guess.
Tatty
16 Mar 2018
£30 .....broker forecasts being realised?
megastream
14 Mar 2018
Director Sales From Today's RNSAndrew Branchflower (Finance Director), on 13/3/18 exercised options on 151,905 shares at a total price of £184,834.39 (average £1.21678 per share).He then sold 176905 shares at an average of £25.886 per share, totalling £4.58M approx. (assuming all of my arithmetic is correct).He still "remains interested" (presumably this mean he holds options) in 141488 shares, which is approximately 0.1% of the Company's share capital.It looks like he is good at directing his own finances.
