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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.

ampuriabrava make it exclusive and black and the punters will flock to buy. landlords high yield end of night dream

Results are out on the 28th and should be good. Up 7% today and should climb, hopefully!

MS

Still moving ahead....slowly


scotty1 - 9 Mar'06 - 07:57 - 217 of 218


Additional Placements

RNS Number:3972Z
Blavod Extreme Spirits PLC
09 March 2006


Blavod Extreme Spirits plc


Blavod Extreme Spirits Further Increases Its Distribution in the US

New placements throughout the American Market


FRANKLIN, Tenn. - March 9, 2006 - Blavod Extreme Spirits (LSE:BES) announced
today that Players Extreme Rums and El Diamante del Cielo Tequila were added to
distribution in the State of Maine. Cielo was also picked up for distribution in
100 state stores in the State of Pennsylvania and listed in 75 state stores in
New Hampshire. Caramel Appletinis using Players Extreme Caramel are featured at
the Four Season's Hotel in Atlanta, while Blavod Black Martinis are featured at
the Westin Hotel in Hilton Head and Blavod Black Vodka in the 50ml size were
added to all the in-room suite mini-bars.


In the State of California, Cielo continues to expand its reach with key
placements in El Agave Tequileria, Old Town Mexican Cafe, La Fiesta Lounge and
Guava Beach. Several new Blavod drink promotions are running at Long Branch,
Firebirds, Hideaway and Jack Rabbits. Also in California, Players Extreme was
added to multiple retail stores; House of Liquor, How's Market, La Bodega
Liquor, Liquor Mart and Central Liquor.


In the State of Florida, several restaurant chains with over 60 locations in the
US have added wine programs represented by BES, featuring: Baroncini, Bruno
Rocca, Petra and Tebavio.


"We are very excited about the recent placements by our distribution partners
throughout the US," said Jeff Hopmayer, CEO of Blavod Extreme Spirits. "These
placements continue to expand our consumer reach and drive our success."

Okay no comment on this since last March

Co received bid approach in November which will be a no less than 17.95p
If it does happen you can buy stock now for 13.5p for c30% gain if bid goes ahead

Stock recently whacked on poor results but bidder still there AND

Today a holder of company debt has converted that into shares with potential buyer happy for this to happen. Why would there be a transfer of debt into equity if a deal was not about to happen?

Free money or big trap ?

Having done a lot of research on little US drink cos the almost certain bidder is a company called 360 Global Wine. This may be widely known but not by me

The name does not really inspire and it is likely that the uk holders will not really want the paper of a small us company . So the big guys are getting shot

Interestingly Laurus Master Fund, the company which took shares in BES sold some shares in 360 at the end of Dec. Is this insider dealing ? I don't know, probably not but nice money if you can get it.

A little surprising other American investors have not caught on and are buying BES while shovelling out 360.

Hmmm!!

20%+ down since last post, Bid seems to be still on. With very likely bidders share price holfding firm despite insider sales.

Nice volume today and shares marked yup, should IMHO mean short term bottom at least with easy 20% in next week. We shall see if we can get back to 13p.

Does that rhyme?

** LOOKS LIKE BID WILL BE OFF **

I have to say I sold these a few weeks ago at a loss. But when I had them I did some research and a company called 360 Global Wine was likely bidder -- they had professed to sending a company a letter of intent to purchase. This may be widely known but I didn't know

Not been following closely since sold but noticed today that 360 Global Wine fell 6% ytd and is DOWN 43% SO FAR TODAY !!!! Not good consdiering its an all share deal

Perhaps known by mkt already -- obviously BES share price suspecting no deal but this is just what I see today. Hope it helps

RNS today; Deal is off, . . . . and I wonder if it was really on in the first place. . . certainly it's been the only "lift" Blavod shareholders have seen recently. The sp graph is quite sickening. . . . are the Directors comotose? Or suffering too many Options...that can cause blindness too.
Not that long ago this business was rated a bright new star with a novel black vodka - so have (retail) buyers gone away? Or, is the thought of adding a black spirit just too much? Better to stick to clear, although there is No reason to drop the black-version, until sales fall to zero.

Do anyone here buy their stuff?
What?

Surprised the announcement took until toady as the share price move on Thursday was clear sign

You would think if the company management were organised they would issue a statement on current business today not just promising in due course. Not a good omen

Just for interest the company I thought were going to bid for BES yesterday filed for bankruptcy.

Talk about insider dealing in the UK, look at the share price of this 360 Global Wine in the US --- TSIX is the code -- all the newsflow was insider selling for 3 months. Then look at the price action I saw last Weds/Thurs

You have to laugh ........don't you?

Nice buy note from evo, price target 85p ??

In there dreams.

MS

Further 5% fall today, so it seems the Market is efficient...a lot more eff than [BES] execs - has anyone been to their AGM - what was yr impression....and when is the next one?
If it's in London then I get the impression they aren't frightened of investors...however, the timing is also important - 11.00, or later, is OK before that time (esp 9.30) is a sure sign a co. is on the rocks, IMHO.

Sudden improvement, yst no RNS has appeared so it can't be the Company - can it?
The sp has been sliding steadily before and after my earlier post(13March07), so this "improvement" is pretty tiny and maybe it's one to steer clear of . . . . oh dear. . . . it would be nice to see a tiddler do well....

at last all the assets and losses in the usa are being dumped at great cost to BES. Now they can get on with the brands they originally started with, the core of the group. Losses should be eliminated and value back to shareholders. Directors abandoning ship. Lets see how the sp reacts !

John I think this could be a strong gainer when it comes back.Winnifrith has been recommending it strongly.

RNS Number:6446H
Blavod Extreme Spirits PLC
13 November 2007






Blavod Extreme Spirits plc

General Meeting statement


13 November 2007


At the General Meeting held today, the Company made the following statement:


In the half year to 30 September 2007 Blavod Drinks Ltd, the principal UK based
trading division of the Company, is expected to report an unaudited operating
profit of circa #55,000 versus an operating loss of #203,000 in the
corresponding period last year. Overall company case sales grew 34% and Blavod
Black Vodka grew 6% despite the lack of promotional support due to the Company's
financial state. All the brands in the portfolio showed growth and all made a
profitable contribution.


The US trading arm, the sale of which was completed on 5 October 2007, recorded
operating losses of circa $2m.


Overall, the outcome excluding the US but including corporate costs is expected
to show a small loss before tax.


Traditionally the first half volumes and profits are lower than the second half
which includes the key Christmas trading period. Initial orders received from
major customers are encouraging.


The Company expects to announce its interim results by the end of December 2007.


At the General Meeting the resolutions to approve the report and accounts for
the year ended 31 March 2007, and to give the Directors authority to issue new
ordinary shares without pre-emption, were approved.


ENDS

All buys so far this morning after yesterdays news.

Up on the bid.

Interesting transaction just before midday - about 0.8% of the companies total shares bought in one transaction ...... must something distilling or someone anticipating good interims next month ..... as usual time will tell but I'll have a Royal Tokaji whilst I am waiting ...