written by reader Any thoughts on NBEV ?

By lumpified, October 3, 2016

For anyone unfamiliar, it’s a functional beverage company which used to be the microbrewery ABRW

Basically consists of ”Bucha” kombucha plus other brands from a recent merger/acquisition: Xing tea etc

Has a big cheese, Brent Willis, formerly of Coca-Cola and IN-BEV, in charge at present, and seems to be doing well.

It represents a disproportionately large part of my portfolio at present. I got in at about 45 cents, have nibbled since, and it’s now oscillating around 1.50.

So, I’m fishing for any knowledge or opinions. If I’ve joined a large community of well-informed investors, may as well pick your brains, no?

Many thanks,
Ian

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

18
Share your thoughts...

avatar
7 Comment threads
11 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
4 Comment authors
lumpifiedSoGiAmlumpifiedGos18SoGiAm Recent comment authors

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Jay Ram
Irregular
πŸ‘73

This looks like a good one considering management’s experience at some of the major brands. I would look deeper into financials. Maybe they will improve with the acquisition, but the historically negative operating cash flow is not a good thing.

lumpified
Guest
lumpified

If the link works, this is the latest report…

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11689558

Gos18
Guest
Gos18
SoGiAm
Irregular
πŸ‘11474

$NBEV np yet > #ThankYOU Finn and Lumpified for the thread πŸ™‚ :
$NBEV served investors with solid growth numbers: net revenue, gross margin and adjusted EBITDA all up significantly y/y

Let it flow $NBEV
https://twitter.com/JuhoJarvela/status/986551942099894273 #Best2ALL!
20180418

SoGiAm
Irregular
πŸ‘11474

$NBEV Long @ 2.15USD 20180418 7:01 CDT

SoGiAm
Irregular
πŸ‘11474

$NBEV wow > Form 4 for Timothy Hass; 100,000 shares acquired:
http://archive.fast-edgar.com//20180426/AQAO522CZ22222ZF222F2WZFC39HZS22Z2A2/ #Best2ALL!

SoGiAm
Irregular
πŸ‘11474

$NBEV added at $1.78 this a.m. #Best2ALL!

lumpified
Guest
lumpified

Mentioned as a long idea by Antonio Costa on twitter today. May help!