goldfinger
- 26 Jul 2004 11:11
I(14);BBI(3,6,12)&Layout=2Line;Default;Price;HisDate&XCycle=&XFormat="/>
Time is at a premium at the moment, (the cricket is on)so I will take the lazy way out on recommending this one and just copy the last brokers note, I do expect a new one out any day with todays excelent news. Heres the Broker Buy note from Evo Bee Greg.....
The group have (sic) recently announced the acquisition of Extreme Beverage Company. The merger rationale seems excellent, especially given the nature and appeal of both the Players Extreme and Blavod brands to similar markets whilst the depth of Extreme�s distribution network in the US will give Blavod the much needed platform from which to grow. The management team is headed up by CEO Jeff Hopmayer, the original founder of Extreme Beverage. He is a proven entrepreneur with a very strong track record.
The US remains the only major untapped market for Blavod but also represents the biggest scope for potential especially given that the US is the most important vodka market in the world. In addition flavoured and ultra-premium vodkas are predicted to enjoy the greatest future growth with flavoured vodka now accounting for over 5% of the total vodka market.
Our forecasts are based on relatively conservative assumptions and are primarily driven off our own estimates of case sales. For the year to March 2004 we expect the total number of cases sold to be in the region of 49,000 (this is based on a full 12-month trading period from Blavod but only includes Extreme�s trading period from the 20th January) and expect this to grow to 229,000 in 2004/05e. Gross margin of c33% is low compared to the industry average of c60% and we expect the gross margin to grow as the group realises further cost efficiencies. Our forecasts assume breakeven in 2005/06e.
Valuation is less straightforward and historically the main valuation metric has been industry exit multiples for previous transactions and case sale ratios. These give a range of between 55p and 80p a share. However, there are risks and the group is still in the early stages of growing both the Blavod and Players Extreme brands and as such our price target of 55p reflects the lower end of our range. As the strength of the brands grow and they become more of a strategic asset, this could move the valuation towards the top end of our range in line with our DCF value of 85p. This is an appealing and attractive growth story."
Year to March 31st Sales (� million) Pre-Tax Profit (�million) Earnings Per Share (p)
2004E 1.8 -1.3 -5.4
2005E 9.5 -2.9 -4.7
2006E 17.9 0.3 0.4
Nb, the company have gone some way today to getting a foothold in the US market , see todays RNS on next post.
cheers GF.
doodlebug4
- 04 Nov 2013 09:33
- 102 of 125
Blavod operating losses narrow
StockMarketWire.com
Blavod Wines & Spirits posts an operating loss of £229,000 for the six months to the end of September - down from £531,000 last time.
Gross profits from its owned brands rose by 21% and margins on ots owned brands increased from 42% to 47%.
The group's financing costs fell by 68% and staffing cost were reduced by 15%.
Executive chairman Don Goulding said: "We remain on target to achieve monthly breakeven in the early part of the next financial year and are now beginning to see the returns from our own brands grow progressively.
"RedLeg's contribution to profits increases monthly and we are excited about the prospects of the newly launched Blackwoods 40% and 60% Gin and Blackwoods Vodka which is to be launched later this month.
"This, coupled with a selection of other owned brands to be developed and a strong balance sheet means we are well placed to develop the business further and increase shareholder returns."
doodlebug4
- 19 Nov 2013 12:50
- 103 of 125
Sales of Redleg Spiced Rum going really well - now sold out on www.masterofmalt.com
doodlebug4
- 22 Nov 2013 14:16
- 104 of 125
Blackwoods Gin & Vodka now on the shelves at Tesco & Sainsburys. I haven't tried any myself, but the Blackwoods Gin flavour is supposed to be a class apart from the rest of the competition.
doodlebug4
- 22 Nov 2013 15:30
- 105 of 125
Breaking out, could double pdq from here. Make that a double please barman!
halifax
- 22 Nov 2013 16:25
- 107 of 125
one of TW's favourites!
skinny
- 22 Nov 2013 16:42
- 108 of 125
Arrr - that might change things!
doodlebug4
- 22 Nov 2013 17:03
- 109 of 125
It's been a long time since anyone paid any attention to what TW tipped, but perhaps I'm just talking from a personal point of view. You can actually buy into his tips now under the "hotstockrockets" banner for about £5 each month, or at the knock down price of £49 for a years sub.
Skinny, thank you - a chart in the header would be nice! :-)
doodlebug4
- 25 Nov 2013 12:04
- 110 of 125
Moving up again on higher volume.
doodlebug4
- 25 Nov 2013 12:28
- 111 of 125
1million delayed trade just gone through from earlier this morning.
doodlebug4
- 29 Nov 2013 16:40
- 112 of 125
On the next leg up now after a few days of consolidation.
doodlebug4
- 13 Jan 2014 10:49
- 113 of 125
Looks ready to breakout perhaps?
skinny
- 13 Jan 2014 11:02
- 114 of 125
Looks promising and with volume.
doodlebug4
- 14 Jan 2014 13:06
- 115 of 125
Nice breakout. Sales of Blackwoods Gin and Red Leg Rum supposedly have done well over Christmas & New Year.
halifax
- 14 Jan 2014 13:35
- 116 of 125
hic!
doodlebug4
- 14 Jan 2014 15:51
- 117 of 125
Nice to see you're in good spirits halifax.:-)
doodlebug4
- 15 Jan 2014 09:20
- 118 of 125
Thank you for the chart in the header GF - much appreciated.
doodlebug4
- 15 Jan 2014 09:25
- 119 of 125
Exclusive distributor appointed for Spain
RNS
RNS Number : 6665X
Blavod Wines and Spirits PLC
15 January 2014
15 January 2014
Blavod Wines & Spirits plc
("Blavod" or the "Company")
Exclusive Distributor appointed for Spain
Blavod Wines & Spirits plc (AIM: BES), owner of premium drinks brands including Blavod Black Vodka, Blackwoods Gin and Vodka and RedLeg Spiced Rum is pleased to announce that it has signed an exclusive agreement today with The Water Company based in Madrid for the distribution of Blackwoods 60% Gin, Blackwoods 40% Gin, Blackwoods Vodka and RedLeg Spiced Rum.
The distribution agreement runs for an initial 3 year term to cover all Spanish territories, which represent the single largest gin market in Europe and the single largest rum market in the world.
Blackwoods 60% Gin, Blackwoods 40% Gin and Blackwoods Botanical Vodka will be promoted across all territories immediately and for the first time Blavod's award winning RedLeg Spiced Rum will be marketed and sold in Spain.
Spain is the single largest market in the world for rum and relatively underdeveloped for spiced rum so it is expected that RedLeg Spiced Rum will be well received as it has been in the UK and Australia.
Commenting today, Don Goulding, Executive Chairman of Blavod, said:
"Spain is an extremely important territory for us and we are confident that we can increase our market share significantly in the next few years by working with The Water Company. Historically, they have achieved impressive results in promoting leading brands and increasing sales volumes and we fully expect them to achieve this with our brands."
"Blackwoods 60% and 40% Gin as well as the Blackwoods botanical flavoured Vodka already have a market following in Spain however Red Leg, which has never been distributed in Spain before is very well positioned to grow in this exciting new sector.
doodlebug4
- 29 Jan 2014 12:10
- 120 of 125
Trading update to be issued "shortly" --------- from another bulletin board;
petersinthemarket 28 Jan'14 - 19:39 - 777 of 789 2 0
REF: ''petersinthemarket,24 Jan'14,761,I'm a bit puzzled by BES reporting....''
It may be of interest to holders to know that I emailed a version of the above to BES and today received a most courteous reply from Don Goulding, Executive Chairman.
''I can confirm that we plan to give an update regarding Christmas trading covering the period October to December. However we do not plan on quarterly reporting simply because we are relatively small and therefore tightly resourced. I trust you understand. Our update should be issued shortly and I would welcome your feedback on the information contained therein. Kind regards..... Don''
Must say I'm very impressed with BES investor relations. Bodes well. GL all, pete
doodlebug4
- 29 Jan 2014 16:41
- 121 of 125
Blackwoods debuts redeveloped botanical vodka
DBR Staff Writer
Published 29 January 2014
Blackwoods, a brand owned by UK-based Blavod Wines and Spirits, has launched its redeveloped vodka - Blackwoods Botanical Vodka.
The Blackwoods Botanical Vodka has been produced by infusing botanicals including Sea Pink, Marsh Marigold, Meadow Sweet and Angelica, as part of the bonification process.
Blavod Wines and Spirits marketing manager Kate Alexander said they are really excited about the new Blackwoods Botanical Vodka, the added depth from the bonification process gives it a really interesting taste you can't find anywhere else and vodka drinkers can enjoy it neat.
"We expect this, coupled with the new packaging, to cause a rise in sales in the UK and export markets," he added.
Priced at £24.50, Blackwoods Botanical Vodka will be available in a revamped packaging across the country in February 2014.
Blavod Wines and Spirits markets and sells spirits and wines. The company offers various wines and spirits under its own brands, including Blavod Original Black Vodka, Blackwood's Vintage Gin and Vodka, RedLeg Spiced Rum, Diva Vodka, and Jago's Vodka Vanilla Cream Liqueur.
Http://spirits.drinks-business-review.com/news/blackwoods-debuts-redeveloped-botanical-vodka-290114-4167440