goldfinger
- 26 Jul 2004 11:11
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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.
dreamcatcher
- 18 Oct 2013 17:56
- 88 of 125
And please stop saying some of us, and involving others. Shows a sign of weakness.
goldfinger
- 18 Oct 2013 17:58
- 89 of 125
Sorry bud got both halifax and doddlebug filtered, so its difficult to know whats what.
Ahhh yes halifax, derd ignorant type gives Yorkshire a bad name. Just filter him, better off without low lifes like him.
dreamcatcher
- 18 Oct 2013 17:58
- 90 of 125
No more responses from me, so do not ask stupid questions.
goldfinger
- 18 Oct 2013 18:01
- 91 of 125
Dont forget DC hes a wannabe just like doddlebug. 2nd rate punks. Just filter them, they are jealous and nothing else.
dreamcatcher
- 18 Oct 2013 18:02
- 92 of 125
That's fine goldfinger. Would I have made comment to you like that. :-)) The man is getting obsessed with Blur and Wandisco. That have funny enough done very well. A lazy so in so who cannot look information up himself and then tries to make out you no nothing about the company.
halifax
- 18 Oct 2013 18:03
- 93 of 125
gf tks for that so polite reference we are proud of our heritage probably more than you are, if you have any.
dreamcatcher
- 18 Oct 2013 18:03
- 94 of 125
Thanks goldfinger, good weekend.
halifax
- 18 Oct 2013 18:06
- 95 of 125
dc isn't it time you admitted you haven't a clue what EBITDA WAND and BLUR may or may not achieve?
goldfinger
- 18 Oct 2013 18:07
- 96 of 125
Yep have a good one mate. cheers, see ya monday.
doodlebug4
- 18 Oct 2013 18:34
- 97 of 125
Well done goldfinger, if you are trying to reduce this Moneyam bulletin board to an utter shambles you are doing a very good job of it at the moment. Your post 77 on this thread just sums up what you are all about - absolutely no attempt at any input regarding this share, but just carrying on the personal vendetta against me. It is one thing to post whatever rubbish you want on the Talk to Yourself thread, but to post utter Twitter crap on this thread, in an effort to wind me up, is unacceptable. I really don't mind anyone posting on this thread saying - I wouldn't buy this share and giving a reasoned explanation why, but you really need to realise there are boundaries out there. You have already made a complete fool of yourself on the COMS thread in a pathetic effort to discredit me and I would have hoped you had learnt a lesson from that, but obviously not.
doodlebug4
- 18 Oct 2013 20:31
- 98 of 125
Just repeating this post 76 as it probably got completely lost in all the other posts that followed on from it thanks to goldfinger.
BLAVOD: BRAND DESIGNS–Initiation of coverage
Blavod Wines & Spirits | Published on 16/10/2013
Blavod is in a transitional phase as it moves its operating model solely into the development of premium own brand spirits. Having recently outsourced distribution, Blavod can now focus on the added-value activity of creating desirable, profitable, international brands, backed with a pipeline of new product development. Successful brand incubation can attract larger industry players prepared to pay multiples of the current market capitalisation of Blavod for a brand proposition they can leverage globally. The shares do not currently reflect upside potential with the new model as yet unproven.
Full analysis available on www.progressive-research.com
doodlebug4
- 22 Oct 2013 14:29
- 99 of 125
Very clever - post 77 on this thread edited, but not so clever as I already have the original on file. You may want to edit your post 91 as well - considering the remarks IanT made on the TRAF thread today.
doodlebug4
- 25 Oct 2013 09:48
- 100 of 125
Rum Shack 'pop-up' bar tour
RNS
RNS Number : 3698R
Blavod Wines and Spirits PLC
25 October 2013
Blavod Wines and Spirits plc
RedLeg Rum Shack 'pop-up' bar tours the UK
and initiation of Investment Research
The Board of Blavod Wines and 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 will be promoting RedLeg Spiced Rum with pop-up Rum Shacks across the UK via its distributor Hi-Spirits Ltd.
The pop-up RedLeg Rum Shack will appear in major cities during November and December including Edinburgh, Glasgow, Manchester, Leeds, Newcastle, London, Bristol and Brighton. Each venue will appear for a limited period and feature RedLeg cocktails and live music. As consumers are increasingly on the lookout for new and exciting experiences the pop-up RedLeg Rum Shack provides a memorable experience which communicates the brand identity and brings it to life at venue level in an innovative way.
The pop-up Rum Shack will be featuring four of RedLeg's most popular cocktails; Apple Shack, Ginger Mojito, Hot Rum Slap and RedLeg Libre. The promotion will be supported with social media activity.
Since its launch in 2012, sales of RedLeg, which is primarily retailed through UK on-trade outlets, have consistently grown month on month. RedLeg is now one of the most successful brands owned by Blavod. Sales of RedLeg are also growing internationally with repeat orders being received from multiple retailer Woolworths in Australia.
In April 2013 RedLeg won the highest accolade at the San Francisco World Spirits competition winning double gold in its category and as a result is currently participating in the 2013 "Double Gold" tour which is a nationwide spirit tasting for the US drinks trade and specialist media.
Progressive Equity Research has initiated research coverage on Blavod Wines and Spirits and the report can be downloaded from: http://www.progressive-research.com/tearsheet/research/blavod-wines-spirits
doodlebug4
- 25 Oct 2013 14:52
- 101 of 125
Share price moving nicely following on from the RNS this morning. The 'pop-up' bar tours is smart marketing in the run-up to Christmas & New Year. Other brands now being stocked in the major supermarkets as well.
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!