Why I’d buy the Fevertree share price and this FTSE 250 stock right now

first_img See all posts by G A Chester Nick Train — a.k.a. Britain’s Warren Buffett — last year initiated a position in a UK company for the first time in nine years. This was FTSE 250 stock PZ Cussons (LSE: PZC), the owner of personal care and beauty brands.He’s recently followed this up by swooping for shares in another UK consumer goods firm. Namely, AIM-listed premium mixers maker Fevertree Drinks (LSE: FEVR).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…The Fevertree share price has fallen precipitously over the last 18 months. Meanwhile, it’s six-and-a-half years since PZC’s shares were at their peak. Here’s why I’d be happy to buy a stake in both these businesses right now.Fevertree share price dropHaving peaked at around 4,000p in September 2018, the Fevertree share price is currently trading at 930p. This is a fall of over 75%I last wrote about the company in summer 2018 when its shares were trading at over 3,400p. The price-to-earnings (P/E) ratio at the time was 87. I concluded: “Much as I admire Fevertree, I rate the stock a ‘sell’ today, due to that eye-watering P/E.” Increasing competition and moderating growth were among the reasons why I felt the P/E was far too fizzy.Multi-decade growth opportunityFevertree is forecast to post earnings per share (EPS) of around 51p when it reports its 2019 results. Following the fall in the share price, the P/E is a far more reasonable 18.2.Certainly, as with many businesses, the near-term outlook is highly challenging. However, I’m increasingly convinced Fevertree has created, in the words of Nick Train, “a brand of global value and significance.”Such a brand offers investors the chance to participate in a multi-decade growth opportunity. Neither the upcoming annual report, nor the ongoing impact of Covid-19, changes the long-term story. This — and the discount share price — is why I say I’d be happy to buy a long-term stake in the business right now.FTSE 250 stock on the rocksWhile Fevertree (founded in 2005) is a company in its infancy, PZ Cussons is a long-established consumer goods firm. Its roots go back to 1884 when George Paterson and George Zochonis set up a trading post in Sierra Leone, trading goods between West Africa and the UK.The business has grown organically and by acquisitions. Notably, PZ acquired Cussons, including leading household soap brand Imperial Leather, in 1975. In the current century, acquisitions have included niche personal care brand Original Source, and leading UK spa brand Sanctuary Spa.However, growth has been held back in recent years by difficult economic conditions in Nigeria. This is an important market for PZC. As a result, the company’s share price has declined almost 60%, from a high of 425p in late 2013, to 173p today. It trades at a P/E of 13.7 on trailing 12-month EPS of 12.67p.Return to growthNotwithstanding the headwinds presented by Nigeria and Covid-19, I believe the company’s long-term future is bright. It’s recently been disposing of peripheral businesses and brands, and focusing investment on its core personal care and beauty brands, such as number one UK anti-bacterial hand wash Carex.Management reckons the strategy “will enable us to deliver higher margin earnings, in geographies which can scale, and support the return of the group to sustainable, profitable growth.”For the strength of its brands, and the credibility of its strategy, I rate the stock a long-term ‘buy’ today. 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” Image source: Getty Images. G A Chester has no position in any of the shares mentioned. The Motley Fool UK owns shares of PZ Cussons. 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. Enter Your Email Addresscenter_img Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. 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. G A Chester | Monday, 23rd March, 2020 | More on: FEVR PZC 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. Why I’d buy the Fevertree share price and this FTSE 250 stock right nowlast_img read more

Sea Bright Officials Secure In Use Of Metered Parking Fees

first_imgBy Liz SheehanSEA BRIGHT – Could a court decision last month that ordered Belmar to place funds from increased beachfront parking fees into the account that is utilized only for beach operations have any impact on Sea Bright’s new metered parking revenues?Kenneth Pringle, who was the mayor of Belmar until 2010, recently argued in a suit against the town that Belmar beachgoers were not treated fairly because the town was using the fees from beachfront parking for other uses than the operation of the beachfront, such as projects that did not benefit them.Superior Court Judge Katie Gummer ruled that funds from the parking fees that had been slated for use for projects not related to the beachfront instead be put back into the beachfront account.In 1989, the New Jersey Supreme Court said the towns on the Jersey shore could not use beach revenue to lower municipal taxes.Councilman Charles Rooney said that because the parking in the Sea Bright lots is metered between 9 a.m. and 9 p.m., it does not fall in the same category as Belmar, since it covers more than beach parking.He said the council had only wanted to have paid parking from 9 a.m. to 6 p.m. but the Sea Bright Business Association objected and said the burden of possible loss of customers from paid parking was being unfairly placed on the merchants and requested the time be extended to 9 p.m. to share it with other businesses in the town. The attorney for the Sea Bright Business Association, Rooney said, told the town that if the hours were not changed until 9 p.m., it would face a lawsuit. Rooney said that changing the metered parking to 9 a.m. to 9 p.m. beyond beach parking hours “gets us out of that situation.” “They actually did us a favor,” Rooney said.“We would’ve probably found out about it eventually,” he said, referring to constraint on using beach parking fees for uses other than the beach facility as cited in the Belmar case.Rooney was a strong supporter of the new paid parking system and at council meetings, stressed how the income from it would help pay for the $5.7 million bond issue that voters approved last month to rebuild facilities lost in Super Storm Sandy by lowering the burden of paying for the bonds on taxpayers.Acting Borough Administrator Joseph Verruni said Tuesday that the 9 a.m. to 9 p.m. hours of metered parking make it general parking. He said that all the costs of installing and operating the metered parking system were paid out of the general funds of the borough, not the beach facility funds.The paid parking system in the town extends from Memorial Day weekend to Labor Day. The kiosks to pay for the parking have been removed for storage.last_img read more

Mallard’s Team of the Week — Team Gus Adams

first_imgAdams, whose son Greg was a household name during his NHL career with the Vancouver Canucks, started his career as a rookie in the 1956-57 Western International Hockey League season after playing junior with the Lethbridge Native Sons.Adams played in 49 games that season for the Maple Leafs and helped the Green and White to the Savage Cup title in 1961.The Leafs honoured Adams by dressing goalies for the opening ceremonies from every age group in Nelson hockey.Staff and management at Mallards Source for sports would also like to pay tribute to one of the real characters in Nelson hockey with Team of the Week honours.The Adams’ goalies includes, in no specific order, Adam Maida, Brayden Pompu, Derrick Te Boekhorst, Curt Doyle, Jarred Martin, Ben Kelsch, Tenzin Mint and Brady Stocks.Gus Adams is survived by his lovely wife Darlene children Greg, Tracey, Jamie, Jeffery, Gus Jr. and many grandchildren. During the Leafs’ home opener the Kootenay International Junior Hockey League franchise reached back in the hockey archives to honour one of the great netminders in Nelson history, Gus Adams.The former Nelson Senior Maple Leaf backstop recently passed away at his home on the North Shore.last_img read more

Mota Automotive Ltd captures Trail Men’s Basketball title

first_imgSteve Mota led the charge for the third-place regular season finishers with a game-high 26 points. Minko Mulic and Dylan Fitzpatrick each scored 18 points for Mota Automotive Ltd.Keelan Murtaugh had 18 points for Adrenaline Adventures, which finished fourth in the four-team league.Mota Automotive Ltd knocked off second-place Northport in the semi final while Adrenaline Adventures got past regular-season champ Rock Island. Mota Automotive Ltd completed a Cinderella season by topping Adrenaline Adventures 82-76 to captured the Trail Men’s Basketball League title recently in the Silver City.last_img

EL HUERFANO BATTLES BACK TO EARN HEAD VICTORY IN $60,000 SANTA ANITA ALLOWANCE FEATURE UNDER ESPINOZA; MILLER TRAINEE GETS MILE IN 1:37.05

first_imgARCADIA, Calif. (March 31, 2016)–With favored Whiskey Ticket battling back to his inside, El Huerfano proved best late as he registered a hard-earned head victory under Victor Espinoza in Thursday’s $60,000 allowance feature at Santa Anita. Trained by Peter Miller, El Huerfano, winless in his last nine starts, covered a flat mile in 1:37.05.“A win is a win,” Espinoza cracked, after being reminded there was no where near the $10,000,000 that he pursued in winning last Saturday’s Dubai World Cup aboard California Chrome. “I thought it was going to be very close, but when the other horse came to me, my horse came back on again.”Off as the 2-1 second choice in a field of six older horses, El Huerfano sat a close third, just to the outside of Whiskey Ticket at the quarter pole, took charge a furlong out and repelled a gallant late surge from “Whiskey” to prevail, paying $6.80, $3.20 and $2.40.Owned by Wachtel Stable and Gary Barber, the 4-year-old California-bred colt by Tannersmyman was making his third start for Miller and picked up $46,800 for the win, increasing his earnings to $145,527. He now has four wins from 15 career starts.Trained by Bob Baffert, Whiskey Ticket, a winner of the Grade III Illinois Derby in his second career start on April 18, had been idle since well beaten in the Ohio Derby on June 20. Ridden by Martin Pedroza, he was off at 6-5 and paid $3.20 and $2.40.Ridden by Rafael Bejarano, Tribal jewel saved ground throughout and ran on for third money, finishing 2 ¾ lengths behind Whiskey Ticket. Off at 9-2, Tribal Jewel paid $2.20 to show.Fractions on the race were 23.11, 46.40, 1:11.10 and 1:23.82.First post time for an eight race card on Friday at Santa Anita is at 1 p.m. Admission gates open at 11 a.m.last_img read more

Bolt targets sub-19 run … Sprint king says retirement is not a given

first_imgNEW YORK (CMC): Jamaican sprint star Usain Bolt says he is targeting a sub-19-seconds run in the 200 metres and has cast doubt over whether he will wind up his illustrious career following the Rio Olympics in August. The reigning World and Olympic champion in both the 100 and 200 metres, Bolt is seeking to become the first athlete to win the events at three successive Olympiads, following his conquests in Beijing in 2008 and in London four years later. “Just to defend my titles, to do the three-peat. That’s my main goal. That’s my main focus,” Bolt said here. “My secondary goal is to try and run sub-19. That’s something I really want, and I hope that everything goes smoothly and I can get it. That would be a big step for me.” The 29-year-old, who holds the 200 metres world record at 19.19 seconds, has struggled with an ankle injury this year but has slowly worked his way back into fitness and is scheduled to make his season debut next month at the Cayman Islands Invitational. Bolt is also expected to appear at the Ostrava Golden Spike later in May before participating in his own track club’s meet, Racer’s Track Club Grand Prix, in June, ahead of the Jamaica trials. “I’m feeling OK. My coach (Glen Mills) says my fitness is not exactly where he wants it to be,” Bolt said. “Starting out this season, I had a problem with my ankles, and it was a setback, but not that bad. We’re getting back on track, and he’s happy with the progress I’m making.” He added: “I have two months before trials and three and a half months before the championships. I’ll keep pushing myself, and hopefully, everything smooths out and I’ll be at my best when the Olympics comes around.” KEEPING OPTIONS OPEN Though he has hinted at retirement after Rio, he said Mills had urged him to keep his options open regarding the issue. “Coach says I shouldn’t say I want to retire just yet. I should focus on the year and see how I feel after the World Championships (in London),” he said, in reference to the IAAF event next year. “And if I still feel like I want to retire, I should. But he says to give it a chance because I think my coach is pushing for me to go a few more years. We’ll see what happens. “Personally, I don’t really want to continue for years and years because it’s getting hard. I have to sacrifice more and more. It takes up so much of your time.” He continued: “I’m never going to come out and joke or be a joke in a season. I’m a winner. I believe in winning. I hate to lose. I will never come out and say it is a farewell tour. I will want to compete at my best, go to the championships and win again.”last_img read more

A story of unconditional love this festive season

first_img12 Kittens for the 12 days of Christmas On the first day of Christmas my true love gave to me… A kitten, a kitten and more little kittens… Dear Animal Friends In the spirit of the festive season I would like to share with you a heart-warming story of unconditional giving and love. Young Mommy Cat was brought to the Mdzananda Animal Clinic early September 2015. Her owner brought her with great concern – something was wrong with her cat as she had progressively become larger and larger. Mommy Cat was admitted to the cat ward where her growing tummy gave birth to five little kittens. Mommy Cat, who was a baby herself and only 6 months old, adored her five kittens. Every day they snuggled up to her, clawed at her belly as they drank and she licked them clean with great love. But Mommy Cat had more love to give… Two ginger kittens, each only two weeks old, were brought to Mdzananda a week later. Their mother had disappeared and their human owner did not know how to feed them. Mommy Cat came to the rescue and adopted both these little kittens as her own. As time went by Mommy Cat’s 7 kittens grew older and people came to adopt them. As each one left with their new families, Mommy Cat waved them goodbye. Then her last little kitten was taken to her new home and Mommy Cat was left alone. A few days passed and then one morning a boy came to Mdzananda carrying a cooking pot. Inside the cooking pot were 5 little kittens. Their mom had passed away and he needed help. Mommy Cat heard the sound of kittens squealing and quickly opened up her heart to them. She adopted all five little kittens as her own once again. These little kittens stayed with Mommy Cat in her cat ward and are now ready for their forever homes. Our biggest wish was that dear loving young Mommy would find a forever home where she could be loved by a human family and shown the unconditional love that she showed to 12 little kittens. We are overjoyed that a loving family adopted Mommy Cat and one of her surrogate kittens. Thank you for all the love you showed 12 kittens Mommy Cat. We wish you a wonderful, happy life! The maternal instinct that young Mommy Cat feels for any kitten is the way we feel about each little pet that comes through the front doors of the Mdzananda Animal Clinic. We pride ourselves in not just providing routine treatment but treating each pet for its individual needs, providing the best love, care and medical practices we can. Our vets and animal welfare assistants work tirelessly to help each little animal. The Mdzananda Animal Clinic is a veterinary council registered, NPO animal clinic in Khayelitsha, a township which is home to over 400 000 people (census 2011). We serve their animals at a very low cost. Many people may think that people from townships should not have pets – we have a different opinion. We see hundreds of community members bringing their beloved pets to receive help. Some walk many kilometres to bring their pets to Mdzananda. Some find creative ways to transport their hurt pets as they do not have access to transport. We see pets arriving in wheel burrows, prams, shopping carts and even carried on wooden planks on strong shoulders. At Mdzananda we can treat up to 1000 pets per month. We also educate the owners about better ways of looking after their pets and becoming responsible pet owners. Christmas and end of year is a difficult time at the Mdzananda Animal Clinic. Most of the community members go to the Eastern Cape to visit their family leaving their animals behind with friends. Very regularly these friends do not know how to look after animals. Their homes are not always equipped for animals – they get out of the yard, end up in dog fights or get hit by vehicles. We receive many animals that have fallen sick due to insufficient nutrition or non pet friendly living conditions. Many community members also hand over their pets to Mdzananda during this time. We need to cover all their costs. The festive season is a time of joy and we aim to ensure that all animals in Khayelitsha stay healthy and happy. The work of Mdzananda is supported by donations and gifts. Through this letter I would like to ask you to consider making a gift to the Mdzananda Animal Clinic over this festive season. Any gift, big or small, is greatly appreciated and will change the lives of animals in need. Mommy Cat sends out a big PURRR, hoping that you hear her asking too. With sincere gratitude (and wags!) Felipe Perdomo – Director (and Mommy Cat) Mdzananda Animal Clinic, Standard Bank, Account number: 075595710, Branch: Rondebosch, Branch Code: 025009, Reference: MommyCat + Your Name Sms “donate dog” to 40580 at R20.last_img read more

Swallowing the Gilt: Woot-like Shopping Empire to Save Print Media?

first_imgRelated Posts dana oshiro In this climate of fiscal responsibility, it makes sense that luxury publications may have fallen by the wayside. While subscription sales for Conde Nast’s Traveller may have been lucrative in the past, it’s rare to find them outside doctors offices and treadmills. In an effort to kickstart dwindling subscription sales, Conde Nast Traveller is partnering with web shopping experience Gilt Groupe on the site’s Jetsetter service. Best known for it’s Woot-like approach to high-end fashion, Gilt has maintained steady revenue throughout the economic downturn. The site is invite-only and consumers keep a constant watch on Fendi, Marc Jacobs and Proenza Schouler deals at up to 70% off the regular retail price. As of this morning Gilt launched its latest spin off site, Gilt Man. The catch with Gilt, Gilt Fuse and Gilt Man is that consumers only have one day to buy items. Jetsetter travel hunters have a slightly longer sale time, but certainly no more than a week. Naturally, with this sense of urgency, users stay constantly connected to the sales via sms, email, a desktop application and the recently launched iPhone app. While many businesses complain that consumers have tightened their purse strings, Gilt is proof that while they’ve become more thrifty, they haven’t stopped purchasing all together. Rumor has it that it’s not uncommon for Gilt to earn $1 million dollars in a single sales day. With Jetsetter, Gilt users get limited-time deals on travel, in addition to editorial “curation” from Travellers’ well-respected staff. Meanwhile, by leveraging Gilt’s huge membership base and constant sales updates, Conde Nast will convert some of those uber connected bargain hunters into subscribers. A Web Developer’s New Best Friend is the AI Wai… Tags:#start#startups center_img Top Reasons to Go With Managed WordPress Hosting 8 Best WordPress Hosting Solutions on the Market Why Tech Companies Need Simpler Terms of Servic…last_img read more

Mrs. Pistols previews OSU-Baylor

first_imgI’m sorry, I couldn’t help myself…This was incredible.Screen Shot 2014-11-22 at 2.54.59 PMIf you’re looking for the comments section, it has moved to our forum, The Chamber. You can go there to comment and holler about these articles, specifically in these threads. You can register for a free account right here and will need one to comment.If you’re wondering why we decided to do this, we wrote about that here. Thank you and cheers!last_img

10 months agoSACKED! Moreno Longo axed by Frosinone

first_imgTagsTransfersAbout the authorCarlos VolcanoShare the loveHave your say SACKED! Moreno Longo axed by Frosinoneby Carlos Volcano10 months agoSend to a friendShare the loveMoreno Longo has been sacked by Frosinone.The Serie A minnows announced the dismissal of Longo this morning.Along with Longo, the coach’s backroom staff are also sacked with immediate effect.Frosinone are currently second from bottom of the Serie A table, five points from safety. last_img