Rachael FitzGerald-Finch has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Simply click below to discover how you can take advantage of this. Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” See all posts by Rachael FitzGerald-Finch I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Fever-Tree Drinks share price: Why I’d sell today Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Rachael FitzGerald-Finch | Tuesday, 14th July, 2020 | More on: FEVR Buying into the Fever-Tree Drinks (LSE: FEVR) share price at 163p in 2014, and selling in September 2018 for 3,863p, would’ve produced a not-insignificant 2,269% return on your investment.Buying into Fever-Tree after the stock market crash at 935p a share and selling now would net you a cushy 156% return. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Fever-Tree, like many of its AIM-listed peers, rides the waves of stock market volatility. The current trend is upwards, so why realise that pleasing return now?Fever-Tree is a growth stock slowing downQuite simply, Fever-Tree Drinks is a growth stock slowing down. Historically, the impressive stock price performance reflects the market’s expectations for the carbonated mixers supplier.Until 2019, the company’s revenues, profits, and assets were increasing year on year and the market loved it. But, growth stocks can’t climb forever at the same rate.Indeed, in 2019, a 10% rise in revenues did not translate into growing profits as increased costs and reduced domestic sales took their toll. Despite a strong balance sheet, Fever-Tree wasn’t meeting analyst expectations, sharply depressing the share price, and slowing the growth curve. Understandably, every investor wants above-average returns, and many will view growth stocks, like Fever-Tree, as a means of achieving this. But past growth is not an indicator of future growth and companies with good records usually sell at high prices. An investor can be right about a firm’s prospects but also pay too much for a stock, lowering returns on their purchase.Fever-Tree Drinks share price is expensiveFever-Tree Drinks currently trades around 2,394p. Many share price websites will show a price-to-earnings (P/E) ratio for Fever-Tree, around 47. This ratio takes the current price of the share and divides it by 2019’s earnings per share (EPS) of 50.3p.Usually, a lower ratio indicates better value for money. However, if the year in question was unusually profitable, it’s easy to overestimate a company’s proper value. Using a multi-year average reduces the odds of overestimating the true value of a company.Over the last five years, Fever-Tree’s average EPS is 35.5p, giving a massive P/E of 67, against an industry average of 22. I think Fever-Tree Drinks is vastly overpriced, even before considering market conditions.Fever-Tree faces market uncertainty45% of Fever-Tree’s revenues come from ‘on-trade’ sales, meaning they arise from pubs and bars where alcohol can be sold to drink on-premises. It’s not yet clear what will happen to the pub trade in the short term due to the government’s coronavirus fears.In addition, Fever-Tree’s artisan products, innovative at first, are now facing stiff competition from the likes of Cobell and other mixer manufacturers. Unless the firm can carve itself a new niche, it’s growth curve will flatten further. Also thinking this way is fund manager Nick Train. His fund bought Fever-Tree for under 1,400p, not long after its sharp share price plunge earlier this year. He notes that the company needs to be “about more than tonic” and is eyeing stateside growth potential in ginger ale and soda water products. There is a definite future for Fever-Tree; its solid balance sheet should sustain the company through short-term trouble. However, its shares are too risky to buy at current prices. Upwards momentum for the stock makes it a good time to sell. I’d buy it again once the market adjusts. Just like Nick Train. Our 6 ‘Best Buys Now’ Shares I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Image source: Getty Images.
Twitter Google+ News, Sport and Obituaries on Monday May 24th WhatsApp Pinterest Two males wanted after car smashed with metal bars Homepage BannerNews Facebook Previous articleHouse ransacked during burglary in ConvoyNext articleFoster and O’Neill cancel Washington trip News Highland RELATED ARTICLESMORE FROM AUTHOR Loganair’s new Derry – Liverpool air service takes off from CODA Arranmore progress and potential flagged as population grows Two males are wanted in connection with an act of criminal damage in Lifford. The incident happened on Wednesday night last at around 11pm in Beechwood Grove.The occupants of a house in the estate observed two males outside their house smashing the windows of their car with what appeared to be metal bars.The occupants of the house disturbed them and they left the scene in a Black Northern registered Audi.Both males were wearing hoodies. If anyone observed this incident or seen the Audi in the area and can offer any information to assist Gardaí then please contact Letterkenny Gardaí. WhatsApp By News Highland – March 10, 2020 Facebook Google+ DL Debate – 24/05/21 Pinterest Important message for people attending LUH’s INR clinic Harps come back to win in Waterford Twitter
A high-level delegation of institutional investors is to visit the sites of the Mariana and Brumandinho tailings dam collapses in Brazil later this year in order to assess for itself the responses to the tragedies amid “radically divergent” accounts of what has happened. The delegation will be made up of representatives from the Church of England Pensions Board (CEPB), the Council of Ethics for the Swedish Public Pension Funds, UN Principles for Responsible Investment (PRI), and the Local Authority Pension Fund Forum (LAPFF).Last January, the collapse of a tailings dam near a mine in south-east Brazil killed 270 people, while a river of iron ore waste contaminated the countryside. This led to calls from institutional investors for a global independent public classification system to monitor the safety risk of such dams.Immediately afterwards and in response to the disaster, the CEPB and the Council of Ethics set up the Global Mining and Tailings Safety Initiative, a vehicle for engagement which convenes institutional investors active in the extractive industries and which now has over US$14trn (€12.7trn) in assets under management. The CEPB and the Swedish funds also sold their shares in Vale, the company which owns the mine, immediately after the disaster.The delegation to Brazil was announced today at the Initiative’s summit held in London, in which representatives of the communities affected participated. ‘Radically divergent accounts’Doug McMurdo, LAPFF chair, said the organisations behind the initiative sought equally to understand both the company and the community perspectives.“As both human beings and investors, we need clarity not just on what happened, but about how to respond”Doug McMurdo, LAPFF chair“Our difficulty is that we are hearing radically divergent accounts of events and responses, and as both human beings and investors, we need clarity not just on what happened, but about how to respond to where we are now and how to prevent future tragedy.”McMurdo continued: “To this end, the delegation will undertake its own assessment of the responses from companies to the Mariana and Brumadinho disasters. It will report against defined terms of reference, which will be published in due course following engagement with the communities and other stakeholders.”The summit also saw the launch of the first-ever global public database of over 1,900 tailings dams, which captures disclosures made by mining companies in response to the request made by the group.At the summit, investors adopted a set of principles for mining companies as well as principles to guide how investors engage with and finance the sector. These principles will be presented to PRI and all members asked to support them.Meanwhile, the group called on companies and governments to jointly set up a global tailings alert/monitoring system similar to those in aviation and shipping, to establish an urgent process of identifying and then removing the most dangerous tailings dams.John Howchin, secretary general of the Council of Ethics for the Swedish Public Pension Funds and co-chair of the Global Mining and Tailings Safety Initiative said: “One year on from this disaster, that should never have happened, we release the first global tailings database tracking 1,900 of the world’s tailings dams.“This is a fraction of the dams that exist but it is a start, and establishes what we expect from any company seeking finance from investors.”Howchin said: “We are continuing to engage with companies that have not disclosed, and will use votes and company AGMs to ensure this request is responded to. Not reporting is unacceptable and poses a risk to our pension funds.”
Marouane Fellaini will face no action from the Football Association after he was cleared of intentionally spitting at Sergio Aguero in Sunday’s Manchester derby. Fellaini clearly did not feel it was a foul and he bent down to shout at the Argentinian as he lay face down on the floor. TV replays showed that some spit appeared to exit the Belgian’s mouth as he unleashed his tirade at the striker, but after reviewing the incident the FA’s disciplinary panel believe it was not intentional. An FA spokesman confirmed the Belgian would not, therefore, receive any kind of retrospective punishment. Fellaini hit out at suggestions he had spat at the City striker, who scored the derby winner at the Etihad Stadium. The Belgium international tweeted: “The press loves to invent the stories when there aren’t any.” ”Thanks the journalist. #ferity #tospit.” United manager Louis van Gaal defended his player after the match on Sunday. “The TV has shown that he is shouting and sometimes when you shout there’s a little bit of saliva (that comes out) with it,” the United boss told a press conference. ”I don’t think that he’s a spitting figure.” Van Gaal’s opposite number Manuel Pellegrini said he was unaware of the incident when questioned post-match. United midfielder Fellaini and striker Aguero clashed in the first half of City’s 1-0 victory at the Etihad Stadium last weekend. Aguero tumbled to the floor after Fellaini kicked his standing leg and the hosts appealed for a penalty, which was not given. Press Association
Ghana’s Black Meteors put two unanswered goals past Liberia in the first leg of their Caf Under-23 Championship qualifier on Sunday.The coach Malik Jabir side made their work easy for qualification to face Congo in the second qualifying with goals in either half at the Tamale Stadium.Asante Kotoko striker, Dauda Mohammed gave the Ghana Undeer-23 side the lead in the first half before Liberty Professionals midfielder Kennedy Ashia put the game beyond their Liberia counterparts with the second goal.The second leg will be held in Ghana on the weekend of May 8-10 with Liberia playing as the host team due to precautions with Ebola.The winner from this tie faces Congo next then Nigeria for one of seven available tickets to the Caf U-23 Championship which will have its best three teams taking up places to the RIo 2016 Olympic Games’ football tournament.–