Bravo Foods International corporation (BRVO.OB). The Group's principal activity is to process, market and distribute dairy and juice products. The products include baggie milk, milk powder, aseptic packaged milk, juice products and bottled drinkable yogurt. The flavors include vanilla shake, orange cream, chocolate, strawberry and banana and are branded with Bugs Bunny, Tweety and Sylvester, Daffy Duck, Lola Bunny, Wile E. Coyote and the Road Runner. The Group operates in the United States, Canada, Mexico and China.
Long term chart:
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=442;image)
Short term chart:
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=443;image)
Look at the volume blocks on the last few days ... we have a breakout with explosive volume, not in just one day but in several days. That powers the expected advance.
This company's fundamentals have improved dramatically over the last few months:
«According to the Company, sales have risen significantly since the close of the first quarter ended March 31, 2005, resulting in unaudited gross revenues of $928,000 in April, versus gross unit revenues of $959,000 for all of the first quarter of 2005. The sharp increase in revenue is due to successful nationwide distribution of the Company's co-branded 3 Musketeers® and Milky Way® Slammers, new distributors, vendors and significant growth in distribution channels, and a number of reorders.»
«As a result of rising sales, Bravo! announced a plan by production partner Jasper Products, based on forecasting models, to double domestic capacity to 4 million units per month beginning in September 2005, with additional capacity increases expected in February 2006 and again in May 2006.»
Read the full story here: http://biz.yahoo.com/prnews/050512/flth012.html?.v=9 (http://biz.yahoo.com/prnews/050512/flth012.html?.v=9)
Everyday our team scans and filters 11000 stocks to come up with the 3 best stocks to buy on a short term basis. We run a diversified public portfolio which is up 95% this month (it started this month). If you want to join our community and receive our free newsletter, please register (http://www.3stocksonfire.org/trading/index.php?action=register).
BRVO.OB
me too. Lets go junk food!
Hey Dave,
Are you going to hold on this still? Its seems to be stuck. I am getting a little anxious.
I held off the button. What's your exit? .40??
... and price. What more a speculator can wish for? ;D
I don't know where I'm going to take profits saffeysite, but as long as a stock is acting like BRVO.OBis I don't even consider selling. Expecting higher prices, maybe a lot higher. I think all this volume is putting pressure on price, which will ultimately explode to the upside.
... consecutive day with strong volume. Letting the profits run on BRVO.OB.
Just looking through some of their PR's it looks like they had 900k revenue and 200k profit in Q1. Their unaudited results for just April look like they matched the Q1 numbers.
My question is what effeciencies do you guys think they can get if they keep the pace up for Q2 Revenues? If they have 2.7M in Revs instead of 600k in profits could they get 1M in profit or near there? If so, I think we have .50 PPS easily.
Thoughts?
... andrewcbrown. Just 20 million USD for a market cap of a company with this kind of growth and potential doesn't seem fair. But the market is adjusting to fundamentals. If we have those 0.5 PPS as you talk about and the stock has a PE of just 10 it should trade at $5, not $0.32 !!!
Technically the stock corrected a bit on Friday with low volume, as a bull would like. And I'm a bull on Bravo Foods (BRVO.OB)
Nice action on BRVO.OB, as expected. After a red candle with lower volume a white candle with higher volume. Bulls are absolutely in control of BRVO and I expect an higher shot anytime.
Higher price, higher volume on BRVO.OB. Making a 31% profit on this stock. Not a reason in the world to sell BRVO.OB, not one that I can think of.
BRVO today back to the 9ema, plenty of support there for continuation
BRVO.OB is in a bull trend. In bull trends you should buy pullbacks like the one that happened yesterday.
$0.30 is providing support for BRVO.OB. Not planning to sell anytime soon, not at these levels.
BRVO is moving up, good call.
Well I have made my decision between IFLB and BRVO pick:
IFLB !!
Hope to see the same with IFLB i near term
55,513,750 shares ,SB-2 filed for BRVO;
http://www.sec.gov/Archives/edgar/data/1061029/000114420405018653/v020014_sb2.txt
Hum....David Randolph.............. :o
I think it is time for me to jump into this one with you guys.
Support @ 0.33......Resistance @ 0.36
http://stockcharts.com/def/servlet/SC.web?c=brvo
Sitting here drinking a Slammer. Tastes good!
Local Walgreens had it here in Charleston SC. They only had one flavor, Starburst, cost 1.39$. They may not be able to keep up with demand.
Girl at the counter said she couldn't wait to try it!!
Bought more Friday
To all bad news coming from the past I want to remind that BRVO.OB came down from $6, it must have been because of something ...
Now the trend is higher and demand for their product is growing as boatguy said.
Sticking with BRVO.OB.
News from the past brought bears to BRVO.OB but the stock is recovering nicely. Follow the market, not the news, because rarely something new ever occurs in the stock market. Look at the future and buy/hold BRVO.OB !
Is Entry @0.35 means late to the party?
I don't think so. I believe this stock will double in the coming weeks, giving technical and fundamental information, but I may change my views on the stock anytime.
I sold @0.35. I couldn't wait any longer. Has great potential, but I took my profits and moved it to USU.
Thanks both Dave and Saffe, I will evaluate it accordingly.
No new technical information in BRVO.OB. Correction with low volume. I'm holding the stock.
Bravo! Foods Ships Slammers(R) to Safeway Stores
6/14/2005 11:57:03 AM
http://www.marketwatch.com/tools/quotes/newsarticle.asp?guid=%7b62E66563-86D9-4810-89E9-FC602B0BD4EA...
NORTH PALM BEACH, Fla., June 14, 2005 /PRNewswire-FirstCall via COMTEX/ -- Bravo! Foods International (BRVO), a brand development and marketing company that manufactures, promotes and distributes vitamin-fortified, flavored milks, announced today that it has shipped three flavors of its popular Slammers(R) milk drinks to Safeway stores nationwide.
Bravo!'s most popular flavors of Slammers(R) fortified milk drinks will be available in 262 stores throughout Northern California. The Company also shipped these flavors to more than 276 Safeway owned stores, including Dominicks, Eastern and Genuardis.
Bravo! CEO Roy Warren said, "We are extremely pleased to add Safeway -- one of the largest food and drug retailers in North America -- to the growing number of retailers offering Slammers to their valued customers. We look forward to solid performance throughout the West Coast as the product rolls out in the region, and continued growth in sales as a result."
Bravo!'s Slammers(R) come in 14 oz. shelf-stable bottles that can be stored without refrigeration for up to six months. The long shelf life and ambient temperature storage capability is due to a combination of unique processing and packaging, accomplished without compromising taste. Safeway will offer these great tasting single serve milk drinks in its refrigerated dairy section.
About Bravo! Foods
Bravo! Foods International Corp. develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 states, Mexico and nine Middle East countries. Bravo!'s products are available in the United States and internationally through production agreements with regional milk processors. Bravo!'s products currently are available under the brand name Slammers (R), and can be purchased in retail outlets throughout the country and in some international markets.
Bravo! Foods' Slammers(R) line is now available at more than 30,000 stores nationwide, including such popular chains as: 7-Eleven, A&P, Associated Grocers, BI LO, Brunos, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly, Ralph's, Safeway, Sam's Club, Shop Rite, Speedway, SuperTarget, Unified, Waldbaums, Walgreens and White Rose. For more information, visit: http://www.bravobrands.com or http://www.otcfn.com/brvo .
Contact: Roy Warren, CEO Bravo! Foods, 561-625-1411 or James Dryer, Investor Relations, 561-837-8057 or
[email protected] .
Safe Harbor under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission.
SOURCE Bravo! Foods International Corp.
Roy Warren, CEO, Bravo! Foods, +1-561-625-1411; or James Dryer, Investor Relations,
+1-561-837-8057, or
[email protected], for Bravo! Foods
Moved some money from IIJI sale to this one. Got in at .35. Looks like it is starting to moveup nicely.
I also had some more to this position today ;) (on my personal portfolio)
looking nice.
Thats funny me as well, although in the time I took to close a couple positions and move money to BRVO the Safeway news spiked it up, but I don't care as BRVO looks like it wants to go a lot higher.
Mike
Applaud those that held. sold to early. Having lost a lot in March. I have sacked away my gains this past month. So I have taken more of a defensive move.
Two emotions rule the market 1.Fear 2.Greed. Finding the balance between them, is the art of trading. We get burned, we trade in fear. We post nice gains, we get greedy and start getting sloppy, then take some huge hits in the hull.
Have to agree, I think this will remain in the high .30's or even .40's until earnings are reported, then look out! Demand's been awesome. (volume) This was the first new's in a long time too. Great news at that. (Safeway, takes them to what, 30000 selling outlets!!) wow. Go BRVO.
85,000 block at .385
51,345 block at .385
Pennies are hilarious. On one hand, you think, oh great, lots of support there, and on the other hand you think, if the exit sign begins to flash, there is going to be someone more motivated to get the exit sign than me, thus increasing the need for a larger bag.
There goes another 100,000 block at 3.85.
In at 3.80, on the high side again, hoping I won't be in search of a large bag in the near future.
Considering fundamentals and technicals there's little doubt in my mind BRVO.OB will be at $0.6 in the next few weeks. I own it @$0.26, perhaps today after the close, when I update my analysis of this company I'll dig a bit more through fundamentals.
Good luck oicpecnoc !
I love this site because my TA skills are non existant. But what I love about this stock is the fundamentals. They matched Q1 revs in only one month in April so we know that the Q1 vs. Q2 comparison is going to be great.
Here's my thinking... They are now in 30,000 stores....
So if Slammers are selling for anywhere from $1.19-1.69 how much revenue does BRVO get per slammer? Anyone have any idea? 25 cents? .50? .75?
If We're in 30k stores and each store sells 10 per day at .25 in revenue thats 2.25 million in revs per month. If its .50 per slammer thats 4.5 mil. in revs a month...
Am I way off here? I think this stock has Jones Soda size potential.
Counting chickens before they are hatched ;D
Thanks David,
Did you see the 290,000 share block at the end of the day?
Stocky, I guess that's why it says newbie under my name ... ;)
I got into this stock on 5/25 at about .25, been adding since. I've noticed at the end of the day, on up days, there is 1 large block that markets on close. I was hoping to grab a bite of it today but the .415 bid's just ate it up.
Im very curious to see where this pop's to when earnings are released... $1 plus? Very possible since this was the first news I've seen since may and it popped nearly a dime. Great news will rocket this thing. Good product too.. go try it. Convinced me to buy the stock. (well, that and the charts. )
Sometimes the big blocks are MM stock adjustments, I doubt any institutional buyer is involved. Though the momentum in BRVO seems to be quite strong. Happy trading.
Andy nothing wrong in number crunching just gulp some slammers on the way.
BRVO.OB rose 23% yesterday. Nothing unexpected, the news flow is awesome and technicals are sure supporting the advance. I'm not selling BRVO.OB anywhere near where it is now I believe. I don't have time now to dig some more and do fundamental analysis but the chart is enough for me to keep this stock.
Yesterday we've had another positive news: Bravo! Foods Ships Slammers(R) to Safeway Stores (http://www.marketwatch.com/tools/quotes/newsarticle.asp?siteid=mktw&sid=505648&guid=%7B62E66563%2D86D9%2D4810%2D89E9%2DFC602B0BD4EA%7D&symb=)
I yesterday visited walgreen just to check if SLAMMERS are there. To my surprise they were all SOLD OUT, and they were getting the precious shelf space next to the nestle brand. That was enough to return me smiling from the store.
Quote from: stocky on June 15, 2005, 12:02:30 PM
I yesterday visited walgreen just to check if SLAMMERS are there. To my surprise they were all SOLD OUT, and they were getting the precious shelf space next to the nestle brand. That was enough to return me smiling from the store.
Thanks stocky, it seems the product is really good (I still didn't got a chance to taste it).
But
BRVO.OB is no momentum stock. Altough the fundamentals had a spectacular turnaround and sales are increasing rapidly the stock has it's ways ... it is on a slow upward hill, after all this is a company from the food sector, traditionally slow to move ;)
The stock yesterday opened with a gap up and naturally fell back. But it held the midpoint of the big white marubozu, which is bullish.
Hi Dave, Good point, and look how the weekly view makes this manifests this point.
Hi,
Just wondering if it is still a good time to jump in and buy brvo.ob....i don't have much cash available to invest at the moment, but can u estimate how much it will go up and how long i should hold it.
thanks very much
julia
Julia,
we are thinking that it should reach a minimum of .60 in the next couple weeks.
Good luck.
the fundamentals are sound.
1) strong demand for product = strong revenue growth = profitability. will be in more than 50,000 retail store by end of 3Q. first to market strategy.
2) have access to capital and cost of capital decreasing!
3) Full Disclosure = total transparency of business plus ready for move into a national exchange
good long term investment. JMO
Thanks Loffigus!
I will try to pick up a some brvo tomorrow on the morning dip...hopefully, it will be a good temporary dip..then a nice rise would be a perfect start for a friday.
have a great evening! ;D
As expected the red candle didn't produce a large decline, in fact BRVO.OB resumed its uptrend on today's session. Sales and earnings momentum is driving this penny stock (I believe I won't be able to call her that for much longer, what a pity ;D)
I have a 71% open profit in this stock and I don't see any reason to sell, nor technical or fundamental. Expecting $0.60 in the next few weeks.
wow...look at brvo...it's a screamer...up,up,up...!!!
9.5 million in volume...with 30 minutes to go...will hit 10 million by close...somebody said it might hit 60 cents in a couple of weeks...it might hit 60 cents before the day is over...bravo for brvo.... 8)
The Slammers I have seen have Marvel Characters on the bottle - a good tie-in with the Fantastic-4 movie coming out July 8. (MVL is another one whch should be coming out of its base soon.)
SIM broke out a base yesterday with a nice follow thru today. Strong metal fabricator with a pe of 4 selling for about bv!
http://finance.yahoo.com/q?s=sim
This one is carrying the load in my "post-IIJI" portfolio. It's up 57%. Wish I had more money in it !!
As promised I did some DD on BRVO.OB. I see on the SEC filings that revenues and earnings have been growing 100% a year (that rate has accelerated recently, check the news and statements from the company):
http://www.bravobrands.com/press_releases/press_2005.html
The company expects 13 to 15 million USD in sales for the entire 2005. I've calculated their gross margin historically has been around 24.5%, so I estimate earnings for the year 2005 to come out somewhere around 3.43 million USD.
www.marketwatch.com and www.cnnfn.com indicate the market cap for BRVO.OB is $34.92M. But I dug some more (used a link left by one of our members in this thread (http://www.sec.gov/Archives/edgar/data/1061029/000114420405018653/v020014_sb2.txt)) and found out that the number of shares outstanding is not 63.49M as said in those sites but 119,002,341 as said in the latest SEC filing. So the market cap for BRVO.OB actually is 119,002,341*0,55= $65.45M.
With earnings estimate for the year in the neighborhood of 3.43M the price earnings ratio is 19. The company is growing 100% a year in revenues and profits and has a PE of 19. This means anyone who takes over this company now (if the rate of growth continues) will take only about 4.2 years to be in the green.
When I read the company's website (http://www.bravobrands.com/) I believe growth is not stopping anytime soon, this is no $0.55 stock (market cap of $65.45M), this company should be worth a lot more than that.
Technically volume has been huge and we have a strong uptrend in place. I'm not selling at $0.60 (I don't care if there's some profit taking, I can't lose my position) and I'm not selling at $1.
Enjoy your weekend, I'm going to the park with my family ... 8)
Bought at .275 and sold 1/2 yesterday at .56 for a double. Letting the freeshares ride. Good call David!!
I am new to this Board but have been accumulating Bravo Foods for over two years. The product description in first posting are old and reflect the Warner cartoon days which have been replaced by Marvel Comic super heros, more apt for milk based flavored products that are based on Mars candy flavors. This is a stock whose time has finally arrived.
Now my another visit to second walgreen store also showed "Slammers Sold Out". Have to wait till Monday to get my hands on them. :)
I've received an e-mail from one of our members saying the product isn't available on the East Coast. Do you know something about this?
(if it's not available soon it will be, that's why this company has such growth potential, in a year or so it may be selling worldwide ... I bet my kid would love to drink some slammers, but we live in Europe :D)
I would have liked to buy brvo on fri jun 17 as Loffigus had said it was still a good buy on Jun 16th, however didn't have enough funds to do so then..just wondering...on monday morning should I still try to buy brvo at the price it closed at..if I can still get in Monday in the mid .50's range? And if so, how long do you think I would have to hang onto it before i could sell it?
thanks very much...and have a great weekend everyone.
julia
Quote from: David Randolph on June 18, 2005, 12:52:37 PM
I've received an e-mail from one of our members saying the product isn't available on the East Coast. Do you know something about this?
(if it's not available soon it will be, that's why this company has such growth potential, in a year or so it may be selling worldwide ... I bet my kid would love to drink some slammers, but we live in Europe :D)
That's not true, it is available in Shop Rite, NJ. Will be generally available in U.K in 3Q, 2005.
Julia,
We think BRVO has a lot of potential, it's too bad you missed the big jump Friday, but it may pull back for you a little bit, but I wouldn't wait for it -- just buy some monday and hope that it does not gap up.
As David recently posted, $.60 might be a very low estimate, this could be a $1.00 stock in the short term. Good luck~!
Brent
David, If you listen to the Q1 conference call there are not currently 119 mil shares but approx 65 mil. They expect by the end of the year to have 90 million outstanding.
Yes, but in the end there will be 119M shares oustanding, read this link:
http://www.sec.gov/Archives/edgar/data/1061029/000114420405018653/v020014_sb2.txt
It says: «Common stock to be outstanding
after the offering..................... Up to 119,002,341 shares»
Not now, but in the future, as they sold convertible warrants.. Anyway, this stock is very cheap by all means, my math is considering 100% a year growth but they're growing 200% now (sales in April were equal to the entire first quarter)
Thanks Brent for ur advice on this stock once again
I will try to pick some brvo on monday..hopefully get it at least in the low .50's if I can.
julia
From looking at their website and going to the management page,it can't hurt that the CEO is an ex Securities Broker. He will definitely know how to get the most out of timely press releases
:-*
Interestingly, Summer is the best season for all kind of beverages.
Great News: Slammers(R) Flavored Milk Beverages Named Official Milk of US Club Soccer
MYRTLE BEACH, S.C., June 20 /PRNewswire-FirstCall/ -- US Club Soccer has reached an agreement with Bravo! Foods for the North Palm Beach, Fla. based company's Slammers® brand of flavored milk beverages to become the Official Milk of US Club Soccer.
ADVERTISEMENT
Samples of Bravo! Foods' Slammers® products including Slammers® STARBURST® Smoothies, Slammers® MILKY WAY® reduced fat chocolate milk and Slammers® 3 Musketeers® low fat chocolate milk will be distributed at certain US Club Soccer events. Slammers® milk products combine the great taste of America's favorite candies with all the goodness of vitamin-fortified milk. Coupons for these products will also be dispersed to US Club Soccer members at these selected events.
"Our concern for our members extends to their general well-being," said US Club Soccer Executive Director Bill Sage. "Parents will embrace the nutritional value of Slammers® milk products, while the athletes will relish the many distinct flavors."
Other terms of the agreement include the displaying of Slammers® Ultimate Milk signage and banners at US Club Soccer events, promotion of Slammers® Ultimate Milk on US Club Soccer's website and the inclusion of Slammers® Ultimate Milk in US Club Soccer's monthly email newsletter.
"We are very excited to have our Slammers® brand affiliated with US Club Soccer," said Roy Warren, Bravo! Foods Chief Executive Officer. "Our brand is known as 'Milk With An Attitude.' US Club Soccer represents all the positive attitudes of high-level team sports."
http://biz.yahoo.com/prnews/050620/flm009.html?.v=14
brvo ...some more good news...at otcpicks.com...tradersnation.com...already hit .65 this morning...good pick starfire...moving on up...to the east side....
Up 114% on this one, with the great move today. Sitting tight for now.
I've sold half of my stake on BRVO just now with 120% profit ;D
Today I'll make my second donation to 3stocksonfire, once again it's well deserved !
thanks a lot !
Quote from: nofear on June 20, 2005, 12:23:47 PM
I've sold half of my stake on BRVO just now with 120% profit ;D
Today I'll make my second donation to 3stocksonfire, once again it's well deserved !
thanks a lot !
Thanks nofear !
This is really helping us ;)
best regards,
Another great move on this one today....... :o
;D Great trade David
MYRTLE BEACH, S.C., June 20, 2005 /PRNewswire-FirstCall via COMTEX/ -- US Club Soccer has reached an agreement with Bravo! Foods for the North Palm Beach, Fla. based company's Slammers(R) brand of flavored milk beverages to become the Official Milk of US Club Soccer.
Samples of Bravo! Foods' Slammers(R) products including Slammers(R) STARBURST(R) Smoothies, Slammers(R) MILKY WAY(R) reduced fat chocolate milk and Slammers(R) 3 Musketeers(R) low fat chocolate milk will be distributed at certain US Club Soccer events. Slammers(R) milk products combine the great taste of America's favorite candies with all the goodness of vitamin-fortified milk. Coupons for these products will also be dispersed to US Club Soccer members at these selected events.
"Our concern for our members extends to their general well-being," said US Club Soccer Executive Director Bill Sage. "Parents will embrace the nutritional value of Slammers(R) milk products, while the athletes will relish the many distinct flavors."
Other terms of the agreement include the displaying of Slammers(R) Ultimate Milk signage and banners at US Club Soccer events, promotion of Slammers(R) Ultimate Milk on US Club Soccer's website and the inclusion of Slammers(R) Ultimate Milk in US Club Soccer's monthly email newsletter.
"We are very excited to have our Slammers(R) brand affiliated with US Club Soccer," said Roy Warren, Bravo! Foods Chief Executive Officer. "Our brand is known as 'Milk With An Attitude.' US Club Soccer represents all the positive attitudes of high-level team sports."
Brafo Foods is an extraordinary company growing very rapidly but BRVO.OB stock lost momentum on yesterday's session. This time I'm going to open an exception and sell to buy on a possible pullback.
I'm selling a lot of stocks today and BRVO.OB is one of them. I have an open profit of more than 150% on this stock, it will make my global portfolio profits grow nicely 8)
David,
I bought at .38 on your rec, which was good advice, so I took the same advice and sold. $3,000 profit. Almost a double. Thank you. I must confess, I want back in. They seem to be a press release machine rigtht now, that would seem to continue to be effective given their growth prospects. As we speak, .63 is where we are. Any suggestions on a re-entry, or are you going to leave this one alone? I am thinking .58 if it gets there. Anybody have any thoughts?
Couldn't wait for an answer. Back in at .58
Worst case I lowered my entry to .28 instead of.38
Thanks again.
Sold yesterday at .735, Back in at .575
Shorts moving in?
I think lots of folks still want this stock, putting my money where my mouth is, hope it doesn't get shoved down my throat!! LOL
Good luck oicpecnoc !
I'll try to get back in BRVO.OB in the future, but today is the first day of a correction and I don't do daytrades. But I'll keep an eye on it ... (that thing of being a "press release machine" isn't so good, is it?)
Again, good luck, you bought stocks of a growing company. I will wait for a more meaningful correction to get back in after a 165% profit :-*
At the risk of being accused of being a sheep, I shall exit again at .605
Appreciate the advice, right or wrong.
BRVO on a roll!!!! The fundamentals keep getting better and better. Hoping that it will close at $1. keeping my fingers crossed!
If BRVO does cross $1 next week it will be on its way to $2 plus. The demand for BRVOs shares are still strong. JMO
Seems to be under steady accumulation.
Think I will try this for a longer term hold also.
Bravo to BRVO !! My best gainer of the year. How much farther do folks think this can run ?
Texan-
As I posted earlier on a different BRVO thread, I firmly believe that BRVO is a $2-$3 stock in the not too distant future. Closing above $1 today would be a huge step in that direction as Friday is usually profits day so you might see some profit-taking in the last hour of trading. However, I've been waiting for a pullback for several days now so I could buy some more and it is just NOT happening. This company's management is razor sharp and they are perfectly positioned in their particular market. Not only that but they are EXECUTING their plan. This stock is going higher in my opinion.
got in at .35...it's a buck now...i'm not selling....what for?.....my car ain't broke....awesome pick starfire....
The rumor is that a big announcement will be made at the end of month. (next week?) I am holding this stock for $6.00 level it once had.
The BIG picture.......
take a pencil and paper , do the math; lets take a look
"Bravo's new products are being vended through strategic partnerships with distribution and vending brokerage firms, at approximately 46 schools in Florida alone, and one large state university."
one large state university can have a student population of 30,000. Assume 3 meals a day and a bottle of Slammer consumed in each meal.
Then number of Slammers consumed per day = 90,000
Per month consumption = 2,700,000
If there are 50 such campusess in the USA ( there could be more)
Then monthly consumption = 135,000,000 Slammers
Assume 10% penetration, then = 13,500,000 Slammers
at 50 cents a piece the monthly rev = $6,500,000
Plus there are other market segments. figure it out!
The key driver is that the BRand should have value, differentiation and broad acceptance. I believe it has all three.
Of course the above numbers are for 2005 and beyond.
if u bought it at 22 cents, it will be a 10bagger soon
if u bought it at 35 cents, it will be 10 bagger later
if u bought it at 50 cents , it will still be a 10 Bagger
how about if you buy it $1; it can still be a 10 bagger, probably end next year.
Bottom line sit back and enjoy the ride. But u should have an exit plan and trade according to your risk profile. JMO.
Have a great weekend!
Quote from: starfire on June 24, 2005, 06:13:07 PM
The BIG picture.......
take a pencil and paper , do the math; lets take a look
"Bravo's new products are being vended through strategic partnerships with distribution and vending brokerage firms, at approximately 46 schools in Florida alone, and one large state university."
one large state university can have a student population of 30,000. Assume 3 meals a day and a bottle of Slammer consumed in each meal.
Then number of Slammers consumed per day = 90,000
Per month consumption = 2,700,000
If there are 50 such campusess in the USA ( there could be more)
Then monthly consumption = 135,000,000 Slammers
Assume 10% penetration, then = 13,500,000 Slammers
at 50 cents a piece the monthly rev = $6,500,000
Plus there are other market segments. figure it out!
The key driver is that the BRand should have value, differentiation and broad acceptance. I believe it has all three.
Of course the above numbers are for 2005 and beyond.
if u bought it at 22 cents, it will be a 10bagger soon
if u bought it at 35 cents, it will be 10 bagger later
if u bought it at 50 cents , it will still be a 10 Bagger
how about if you buy it $1; it can still be a 10 bagger, probably end next year.
Bottom line sit back and enjoy the ride. But u should have an exit plan and trade according to your risk profile. JMO.
Have a great weekend!
That should have been,
'of course the above numbers are for 2006 and beyond'
isn't just $2 aggressive?
$10 seems impossible unless you wait several years.
Slammers at Ralphs. I grabbed 4 for 5 bucks with Ralphs Club Card. Man it tastes really great. It seems I have to buy back BRVO today :)
It closed at 1.16 today. How high do you think this can go short term??
Thanks.
I bought in at the close today. I hope Dave will revisit it soon
I highly regard Dave's views, and have bought and sold on most of his suggestions. This one I have stayed with am up 131%. Think there's a lot more to go on it.
I had personally seen Slammers shelf sold off in both Walgreens and Ralphs near my home. I dont know more but I bought back today. This stock is gaining on average 15% for the last few trading days. Seems like something more is cooking. We may have a news. Just speculating. Though watchout.
in a news on 5/25, BRVO expects to ship its product to UK in late June:
http://biz.yahoo.com/prnews/050525/flw013.html?.v=10
the movement these few days may have confirmed this expansion.
what do u think?
Thanks
That means PR news should be out soon and add further legs to the run
I checked again with Ralphs, and now they have 2 for 3$ and no more 4 for 5$ :(
I still think that there may be some news in the offing otherwise such a huge volume on continuous basis can't be without a consequence. However, its important that you should have some exit strategy. However, those who had seen JSDA ride will agree that BRVO has some miles to go. Will sell if the volume comes closer to average or it closes flat/red on any given day.
whats happening?
this is too much of a drop to swallow.
i just bought back into brvo.
BRAVO !!!!
Any thoughts technically if this is violated??
Bought back BRVO.OB @ $0.67 ... I almost can't believe I was able to buy it back below my selling price !!! I was getting so frustrated because I've let this one go ...
This is absolutely profit-taking and panic selling.
Positive sign is : It just fills all the gap. If it closes above 1 today, it will continue to run higher.
I can understand profit taking but "panic selling"?? What is there to panic about?
... I didn't had time to see if there were any news but since I sold it at $0.69 with a 160% plus profit that I was eager to buy back these shares. I don't know how or why the stock plummeted so much but I figure this is just massive profit taking and panic. Fundamentals are extremely sound, the stock should be at news high soon (if they haven't changed, I'll check that out in a moment).
it's acting very weirdly , it is so volatile compared to last 20 days . it was very steady
my guess is BRVO is being manipulated by the MM's a bit. they know the long term trend fot it is only up. they sucessfully drove it high and sold it off and bought back low.
still expecting a good news soon.
good luck to all!
What a great buying opportunity ;)
I get my old position back @ 0.80 a bit higher then I've sold it for my personal portfolio...
I don't know if there is some fundamental reason for this drop down, but I don't think so... that means this is just a normal profit-taking correction... A lot of traders with huge profits on their pockets can get really nervous sometimes... ;)
Go BRVO Go ! ;)
Did she forget she is no penny to be bellow $1 ? >:D ;D
The volume is already 13 millions. I guess it will be very volatile down the roads since it becomes more popular.
The chart on BRVO.OB was like climbing to the moon ... it was really impressive. Many people that perhaps bought around my first purchase at $0.26 even at $0.66 had an enormous profit so they got scared to let the profit go.
Usually I delete stocks I've sold from my watch list but I kept BRVO.OB, the fundamentals and technicals were so strong that I guess this bull run won't be over with BRVO.OB still being an «OB».
Give it a few days to see it back above $1, I believe ... I couldn't found any news from the company, I guess this was just profit taking, massive profit taking as the previous rise was spectacular too.
I know I can't get emotional about stocks but I'm just so happy I was able to buy it back :-*
Good luck to all !
Good luck to all, especially to those of you who got back in low! Wow it pays to be glued to ur monitor! Anyways I held on to my shares and I am going to enjoy the ride, soon!! The math is compelling. I suspect news around the corner!!
50% cirurgical retracement:
wow!!!!!!!!!
$1.00 today?
dave is BRVO in 3SF now?
got it :)
Absolutely. I had to buy this stock, I was just waiting for some kind of pullback, I couldn't imagine it would be so big (well, a normal 50% retrace).
The more I learn about OTCBB stocks the more I believe BRVO.OB will be a $5 stock in the not so distant future.
i think $1.50 is safe based on financials.
wow $5 -- imagine that.
Quote from: David Randolph on June 28, 2005, 12:07:17 PM
Absolutely. I had to buy this stock, I was just waiting for some kind of pullback, I couldn't imagine it would be so big (well, a normal 50% retrace).
The more I learn about OTCBB stocks the more I believe BRVO.OB will be a $5 stock in the not so distant future.
David,
Why did the 50% retracement occur at $1.20??? TIA
Bravo! Foods Ships Slammers(R) to Shaw's Supermarkets
PR Newswire - June 28, 2005 13:37
- Six Flavors Offered in More than 200 Stores Throughout the Northeast -
NORTH PALM BEACH, Fla., June 28, 2005 /PRNewswire-FirstCall via COMTEX/ -- Bravo! Foods International (OTC Bulletin Board: BRVO), a brand development and marketing company that manufactures, promotes and distributes vitamin-fortified, flavored milks, announced today that it has shipped six flavors of its popular Slammers(R) milk drinks to all Shaw's Supermarket stores.
Bravo!'s popular flavors of Milky Way(R) Slammers(R) and 3 Musketeers(R) Slammers(R) fortified milk drinks will be available in more than 200 stores throughout the Northeast and New England.
Bravo! CEO Roy Warren said, "We are excited to introduce Slammers(R) to the Northeast with shipment of our Slammers(R) to one of the largest grocery retailers in the region. Shaw's, a division of Albertsons, Inc., has more than 200 stores in six New England states. We look forward to establishing a valued long-term relationship with this successful chain and other convenience store and grocery retailers throughout the region."
Bravo!'s Slammers(R) come in 14oz. shelf-stable bottles that can be stored without refrigeration for up to six months. The long shelf life and ambient temperature storage capability is due to a combination of unique processing and packaging, accomplished without compromising taste. Shaw's will offer six flavors of the great tasting, single-serve Slammers(R) in its refrigerated dairy section.
About Shaw's
Shaw's Supermarkets and Star Markets are a division of Albertsons, Inc. Throughout the six New England states, there are more than 200 Shaw's and Star Market store locations serving over four million customers each week and employing approximately 30,000 associates. For additional information, please visit http://www.shaws.com .
About Bravo! Foods
Bravo! Foods International Corp. develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 states, Mexico and nine Middle East countries. Bravo!'s products are available in the United States and internationally through production agreements with regional milk processors. Bravo!'s products currently are available under the brand name Slammers (R), and can be purchased in retail outlets throughout the country and in some international markets.
Bravo! Foods' Slammers(R) line is now available at more than 30,000 stores nationwide, including such popular chains as: 7-Eleven, A&P, Associated Grocers, BI LO, Brunos, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly, Ralph's, Safeway, Sam's Club, Shop Rite, Speedway, SuperTarget, Unified, Waldbaums, Walgreens and White Rose.
For more information, visit: http://www.bravobrands.com or http://www.otcfn.com/brvo .
Contact: Roy Warren, CEO, Bravo! Foods, 561-625-1411; or James Dryer, Investor Relations, 561-837-8057 or
[email protected] .
Great pullback.
In for 10,000 sh at .67 On a nice Fib. retracement.
And sold in the last hour at .99
Profit too good to pass up. And with luck perhaps another pullback soon.
I will be in a Shaws this week. I will check out the product.
Look at this able to buy more. ;D
I'm pyramiding......I got it going on.
Buys@ 0.26.....more @0.30....more @o.35....Now today 0.67.
anyone think we are going over $1.00 ?
Nope. Not today.
Due to double top at 1.oo Followed by lower price dips and then a failure
at .95 cents on the third rally attempt.
But are hiogher prices in store in the days ahead. Heck yes.
By PR Newswire
Last Update: 6/28/2005 1:37:59 PM Data provided by
NORTH PALM BEACH, Fla., June 28, 2005 /PRNewswire-FirstCall via COMTEX/ -- Bravo! Foods International (BRVO), a brand development and marketing company that manufactures, promotes and distributes vitamin-fortified, flavored milks, announced today that it has shipped six flavors of its popular Slammers(R) milk drinks to all Shaw's Supermarket stores.
The same day the stock prices dips (more than 45% at times) to close 22% lower ...??
Profit taking or MM manipulation???
Romantic,
The announcement came out after the big tumble. And while that news was nice, it wasn't comparable to the Safeway or Walgreen's PR's.
Any announcement of Walmart, McDonalds, or Kroger would be a huuuge boost.
I don't think this stock should be owned based on TA, its got the fundamentals to be a $3-4 stock over the next year.
??? :o
what a day to be 'out of money'! Lot's of stops grabbed today! Geezzzzzzzzzzzzzzzzz
Today is a market up day, it shows a very bearish engulfing pattern. The volume is almost double of yesterday's and the PR news doesn't provide support to the price.
I'm a bit worried about the short term.
When is the earinings announcement for BRVO?
From what I have gathered on this board and own research it should be fantastic, and support a $2.00+ price in the short term.
didn't BRVO just announce earnings?
http://biz.yahoo.com/prnews/050511/flw021.html?.v=10
BRVO.OB made a pullback of 50% of it's previous advance and rebounded strongly from that level. This shows there were a lot of investors and traders waiting for this opportunity to buy, like I did. It was an heaven sent opportunity I believe.
It is possible for the stock to trade around this $0.7-$1 range for some time, but I doubt it will be for long, the uptrend should resume shortly because technicals and fundamentals support an higher price.
It is possible for the company to be selling it's products worldwide in some months or maybe a year. I want to buy a Slammer too ;D, so the growth potential is unbelievable. I was sad I sold the stock with a 163% profit and this time I'm not selling anywhere near where it is now. It is rare for a man to find such a jewel like BRVO.OB in the market, so one has to take everything he has right to take from the stock's advance.
$5 by year end is my price target, write it down 8)
I was stupid enough not to buy BRVO the first time you mentioned it. ::)
It will not happen this time!
Cheers!
Looks like it's hitting a very solid brick wall at $1.
Major accumulation.....yes????????????????!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ;)
Today I'll show a long term chart of the best stock on the OTCBB for 2005 for us to see the big picture.
The chart doesn't mean BRVO.OB traded at $5, but it means it traded at 5 times more than current market cap. So, there's nothing new for BRVO.OB to be at those levels in the future.
I have 9 years trading, most of them in the futures markets, so I'm not an expert on fundamental analysis or stock stories. But over the last few months I've researched many OB stocks and found none with such strong fundamentals as Bravo Foods. My filter showed me the stock and after reading more about the company I really think there's plenty of fundamental background for this to be a $5 stock:
1) The company is growing sales more than 100% a year
2) The company has profits and those profits are growing more than 100% a year
3) The company has a product that can be, and will surely be, sold worldwide
4) Margins are 24.5% so the more the company sells, the more it will earn
5) Expanding out of the US into UK. Next Canada, Mexico, Eastern Europe, Asia, the world !
Which are the stocks on the OTCBB market with these kind of caracteristics? This stock deserves more, much more than $1.
Of course, nothing goes straight up, investors and traders must take profits sometimes, there's always doubt and uncertainties in stock trading. So the stock may be consolidating here for some time between $0.7 and $1, but I'm not selling whatever happens and I'm not going to pay too much attention on short term stock price developments.
Like I said, it is rare to find such a jewel in the stock market. One must be in it for the long pull and to do that one must keep the distance from short term fluctuations. Watch my chart today. Can you see the 6% rise of today's session? No? Great !
dave, are u becoming an investor? haha
Volume and speculation may drive the price in the short term but then it will fly on fundamentals and earnings. Those in the initial bull run will pull out their profits and run.
I think a mix of good technicals and fundamentals is a consideration to decide to hold longer term for the next surge. If the fundamentals are lacking we need to pull out as well but knowing the company is fundamentally sound makes it easier to sleep at nights.
Quote from: Rocket8 on June 29, 2005, 07:51:00 PM
dave, are u becoming an investor? haha
I only consider turning my winning trades into investments, not the losing ones.
Dave, $5??? That would make this a 300 million (plus) valued company? They sell flavored milk? Believe me, I respect your picks and I would love to see this at $5 by years end BUT I might need more of an education here.
BTW, I want to thank you for your on-the-$ call with IIJI. Made some OK coin with that one.
In addition, BRVO looked very solid today in the 90's. Let me ask you a question. When those 50k and 100k blocks go thru is that one massive buy/sell of do the mm's accumulate over time for a client and then pass it through and it looks like one massive trade?
Thanks again!
The company is not profitable yet! But anticipates being profitable in 3Q. I believe revenue for 3Q is around $5M. Also will be profitable in 4Q wherein revenues will be $5M as well. On the whole a $20M annual revenue will make it profitable! However as the operation grows so will the cost structure! But I am willing to bet that at $50M level the company will be comfortably profitable. The future looks extremely attractive as long as the Brand is well accepted! I think a request for their investors kit will be beneficial. One will get very clear picture of their business model and potential.
I also believe the stock can reach $5 by yearend. First of all i believe their projected revenue growth which was raised just a month ago is very conservative. Management is making great strides in cost reductions both administrative and in production of goods. This is an ongoing task. It looks as if revenues will grow this quarter 200% over that of the first quarter. This being the case I believe after completion of this quarter, looking out over the next 4 quarters this stock can easily book an average of .04 cents per quarter earnings going out 1 year IMHO giving a minium of .16 eps for the ttm. Apply to that a growth p/e of 35 and you have a shareprice of 5.60.
IMHO all these projections are quite conservative. I also no that Mr. Warren is very much active at expanding the distribution channels and gaining additional exposure in the market place. There may even be some new additional products in the works. This management team is on the ball... Do the DD. You see new distribution in the UK and East coast. Brand awareness with the US Club Soccer. This is not to mention the ongoing market penetration in the school systems. The list goes on and on. I haven't even mentioned the cost savings being realized due to the Bravo! Foods' line of shelf stable and extended shelf life (ESL) products which are uniquely situated because many of its line bypass traditional, difficult and expensive methods of refrigerated dairy distribution for products with limited shelf life.
Now some may say how can BRVO grow at this rate with a few milk products. I say why not??? Look at Hans Beverage (HANS). This stock runs from $2 to $85 in 2 years due mostly in part to one energy drink: MONSTER.
Honestly I believe Bravo's milk products are more nutritional and better for you and I can speak for myself, taste better!! I also like the nutritional alternative of a tasty milk product for the kids versus soda.
I can see in my market place a demand for the products with at this point little market awareness. We all know that is changing as we speak.
Do your own DD. I totally agree with Mr Randolphs $5 target by yearend...
Have a great day!!!!
I'm still a newbie. But why is BRVO valued at around $1 and NWD ($1) makes more money, higher margins, proven, and still trading around the same ballpark?
NWD has less outstanding shares as well. .11/share in earnings. What gives or is NWD a good buy?
SMSA worth to take a look ,charts very bluish ,also could be a Good candidate for the shorts as rsi is very high ,profit taking within the next few days
John
correction to my last post ,SMSC worth to take a look ,
Man, that dollar ceiling is a tuff nut to crack. The good news though is that it is holding good in the mid .90's for now anyways.
Went to Safeway. Slammers on sale, 10 for $10. Only 3 left on the shelf by the time I got there. Tasty!
BRVO.OB is acting as expected, consolidating for another push to new highs. I don't think we'll see this stock below $0.70 again.
300M USD of market cap? That's nothing. Better change my price target to something higher, I guess. Probably to $50 in the long term, 2 or 3 years, as the company puts it's products on the shelves worldwide.
IMHO
I have to think, judginy by the way it has been hanging near $1 for the past couple days, when it get past $1 to stay, we will be in for another really big run. It does seem to be gathering steam here. Anyone else agree?
Quote from: calguy on July 01, 2005, 03:35:08 PM
I have to think, judginy by the way it has been hanging near $1 for the past couple days, when it get past $1 to stay, we will be in for another really big run. It does seem to be gathering steam here. Anyone else agree?
I agree. BRVO has many good days yet to come. As David stated I do not think this stock wil ever see the $.70's again. I also think that once we pass the $ 1.00 we will once again quickly reach $ 1.20 and go much higher.
Well, we have seen it again. Very large block going around closing with no movement. I just dont get it? I have seen this before only one time. I would see huge block going through with no price movement for many weeks in a row, and then BAM!! They let the price go and the stock went from $1 to $10 in a few weeks.
Does anyone else have an opinion on this?
BRVO is sold out at most of the stores and dont forget the summer is coming. This is the best time to hold beverage stocks. Additional deals may help more.
Long BRVO
Stocky,
Slammers are sold out, is this good? Demand or lack of production?
If it isn't available it is off the radar screen and people will move on to other products. Stores will fill empty space with something else.
2,000 order at ask didn't fill, what's up with that?
Anyone else have this problem?
demand exceeds production capability. probabably jasper needs to bump their production capacity (sooner than planned) and/or also seek other bottling partners!!
BRVO summarization:
http://otcfn.com/brvo/report.html#four
China news:
http://store.justchina.com/asa1008.html
NEWS:
http://www.hispanicbusiness.com/news/news_print.asp?id=11396
Bravo! Foods' Slammers Brand Vitamin Fortified Flavored Milk Expands Midwest Distribution Through Dutch Farms
PR Newswire
NORTH PALM BEACH, Fla., July 2 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (BULLETIN BOARD: BRVO) , a brand development and marketing company that holds the Looney Tunes(TM) license to manufacture, promote and distribute brand flavored milks, announced today its initial rollout success in the Dutch Farm distribution system, whose core service area is the 150 mile radius around the Chicago region. The Company is now set to aggressively complete the rollout of Slammers brand vitamin fortified flavored milk to the entire Dutch Farms network.
Dutch Farms, Inc., headquartered in Chicago, Illinois, has a 20-year operating history as a distributor of dairy and food products to wholesale and retail outlets through its own fleet and network of refrigerated trucks. Dutch Farms makes deliveries two to three times a week to the Jewels and Dominicks supermarket chains and to over 700 independent grocers in 32 states. "Our decision was to initially distribute Slammers to 116 independent grocers serving Hispanic communities," commented Joe Cannarozzi, president of Cannarozzi & Co., the lead Midwest broker representing Bravo Foods! "These small independents have consistently sold over 15 cases of product per week, each over the past two months. With this level of success, we are aggressively preparing to roll out the Slammers line to the remaining Dutch Farms distribution network. We will also be introducing Slim Slammers to the Chicago market over the next several months."
Roy Warren, Bravo! Foods' CEO, commented, "Our national footprint is almost complete. We will soon have product distribution throughout the U.S., Mexico and Canada. Our initial rollout with Dutch Farms has been highly successful with sales per store running twice our historical average. We are very encouraged by this progress and look forward to introducing our low fat, vitamin fortified no sugar added Slim Slammers line into this market."
Americanbull.com recommendation:
http://www.americanbulls.com/StockPage.asp?CompanyTicker=BRVO&MarketTicker=OTC&Typ=S
:)
This is 2003 news??????????????
Quote from: decks on July 04, 2005, 11:24:10 AM
This is 2003 news??????????????
Decks is right, the "Dutch Farms" press release is from 2003. Regardless, BRVO is still a good stock own! It might even be a good investment for your children and/or grandchildren.
Last 500 PR News Wire articles for BRVO (http://studio.financialcontent.com/Engine?Account=prnewswire&PageName=NEWS&Ticker=BRVO&Limit=500).
sorry for this ;)
still long on BRVO
Quote from: boatguy on July 01, 2005, 05:21:45 PM
Stocky,
Slammers are sold out, is this good? Demand or lack of production?
If it isn't available it is off the radar screen and people will move on to other products. Stores will fill empty space with something else.
2,000 order at ask didn't fill, what's up with that?
Anyone else have this problem?
If the product is soldout and infact is 'flying off' the shelf then the store guys will be on their knees to fill the shelf. Let me quote you what happened at the Walgreens yesterday. I went there and to my dismay I found 'sold out again'. I asked for the manager and told him that I know Ralphs does carry these on the shelf and if you dont have it then I will be going their for my shopping. You know what the next moment the manager was scanning the slammer bar code for instant ordering. Slammers is not tied to just few stores. Its going to be much more widely used then we think. Though Slammer in every Mac Meal is surely an unfounded rumor to me. Still you can count on sales and if you happen to drop by a store then ask for it. Enjoy summer.
Way to go Stocky! ... very well done lol
i should be doing the same when Slammer finally get there in east coast canada.
cant wait to taste it!
cheers
Another candle with a big tail tells me BRVO.OB is getting tired of trading below $1. Every sell off meets demand from bargain hunters, competing between them to get into the best stock on the OTCBB market.
Holding this for the medium/long term ...
Quote from: stocky on July 04, 2005, 04:45:05 PM
Though Slammer in every Mac Meal is surely an unfounded rumor to me.
Speaking of an "unfounded rumor", wouldn't it be something for Nestle to take an interest and decide to add Slammers next to or even replace their Nesquik brand? From a marketing angle, Bravo! is on the verge of something GREAT that we can't begin to realize.
+ pre-teens targeted by the Mavel characters; since 2000 there been some 6 marvel character movies. 4 more are scheduled that will be Slammer bottles this year alone!
+ teens to 20-somethings targeted by the "freestyle" endorsments
+ the 30-40 somethings are targeted by the Slim Slammers.
+ Grandma and Grandpa can tell the grandkids about the good 'ole days with the MoonPie Slammers.
+ And to cover the bases.... gotta love the soccer moms telling the kids (or vice versa) that Slammers are the official drink of the soccer world...
+ don't forget about the politicians who want "junk food vending machines" out of the schools, why not replace them with... Slammers Machines; its kewler than drinking plan ole H
2O.
Heck! Forget about Nestle, what about Coke and Pepsi getting into a war over Bravo???? In fact the Slammer idea fits in nicely wth the Mountain Dew attitude. Wouldn't that be a show!
So you might be right Stocky, a war between Burger King, Wendy's, and McDonalds as to who offers them in their kids meals. This cold be bigger than Snapple.
Anyhow, thought these
completely unfounded ideas would make for some interesting thought.
Has anyone try these drinks?
Over the weekend me and another BRVO investor went to Safeway and bought two of the Slammers. The Safeway in Virginia we went to did not have too many of them on the shelves. Maybe this is a good sign that they are selling very well.
I do not know about the kids but we both did not like the taste of the Slammers at all. They are very sweet and at the same time very heavy as well. (having cream as part of the drink does not help)
I hope that we are just a few that did not like this :-\drink at all and would not drink it again. :-\
Well kaanari, you can't please all the people. I know I love to drink coke but my wife and my father hate it (my son doesn't like it either), but Coca-Cola is still the number 1 in the world drink.
Thanks for your first post, you're welcome ! :)
I have a good feeling that this stock is going to stay above $1 this time. Anyone agree with me??
I have a good feeling about BRVO.
I think it should settle at about $2.00 in the next couple months.
Nice volume and action today.
When I was at the lake this weekend I had to bore my wife and perform my market research at the local Walgreens. Sure enough I checked Friday night and they were nearly out of the Slammer drinks both Strawberry and Peach. Saturday they were bone dry. Another drink just a ways down from the Slammer area that had 1 can left was Monster. Nice company dont you think to share popularity with ... Monster is the high energy drink sold by Hansens Natural Corp. (HANS) $2 to $89 in 2 years.... All the other drinks were near or totally stocked....
I know at the lake the Slammers are being consumed by adults as well as the children. The adults like to drink their slammers with a little alchohol (rum) additive. Yum yum...
All we need is more exposure and continued new distribution outlets.. Get those chocolate drinks out there as well. I have yet to see them in my area. The rest will take care of itself.
BRVO wont be $1 stock for to long. It is a multi $1 stock wanna be...
Have a great day!!!!
Kanarri-
I tried the strawberry starburst at walgreens and did not like it either. That is until I put rum in it.
What flavor did you try?
I'm very new at this game, but I did buy this stock back when it was in the 30's. Sold half at 89, and believe it will slowly go higher from here. Re your comments about the taste. Maybe I'm wrong, but I thought this was a vitamin-enriched drink targetted at kids. They like the sweet stuff. However, after reading the comments on this board, will try the drink myself. If can't stand it, I have a bottle of rum in the pantry. Good luck everyone!
[b]FORECAST ON BRVO.OB
AS OF JULY 5TH 2005 PRICE: 1.01 VOL:6208906
5-DAY-FORECAST : 1.30 1.44 1.48 1.67 1.85
GOOD LUCK !
BRVO was indeed tired of trading below $1. I see many of you tasting the product so there's no doubt at all the story from the company is real. This is actually an OB company with rapidly growing sales, expanding worldwide. Fundamentals on BRVO are spectacular in my humble opinion (I'm starting to write it without the OB 8)).
Volume has picked up yesterday. We will probably approach the $1.2 resistance level. If we get there of course there will be fight from the bears, but a breakout will impulse prices to the 161.8% Fibonacci retracement level which is somewhere around $1.94.
Brvo at 7-11 is 2.49, Walgreen 1.49, Ralphs 2.59 [or 2 for 3]. And it tastes real good :)
oh is it in 7-11? we have 7-11 here, let me go grab one .
thanks for the info stocky. :D
Just curious-
If any of you are in a Walgreens, Ralphs, or 7-11 you might want to ask the folks there how they are selling. That is the REAL KEY to the future prospects for BRAVO. After that, we want to know if they are going to re-order. All the best.
Irish
7-11, Walgreen, and Shaw's in Connecticut don't have the BRAVO drinks.
Went into Walgreens and 7-11 yesterday, I had been there a week or so earlier and they had more on the shelves this time around. Both have the starburst flavored drinks, have yet to see the other products. Tried it out although not a big smoothie fan, had an ok taste and very catchy labeling. I think the chocolate milk products will do much better, cant wait to try those. Brvo once again hates to be under that $1 mark, looking good. In at .65 and .83 and holding. Adding near or under the $1 mark if it re visits.
David
Last month you stated in a post that BRVO would be (or could be...or should be?) a $5.00 stock. Then appx a week went by and you sold it, (when you sold off 2/3 of your portfolio). The stock took a dip and if I remember correctly you got back in around .70. Once back in you came back with more statements it would, could, should (?) be a $5.00 stock in the near future.
My question is, what information triggered you to sell it ? When you sold it , did you still feel it could have been a $5.00 stock someday?
Now that you are back in, what is telling you that it will be $5.00 once again?
thanks
Romantic _lead
I know that with 12 pages it will take a while, but read the thread beginning to end. That should answer your questions. To me it's one of the best learning tools here. You can read the "story" of a trade, beginning to end, or even end to encore, as in this case. ;) I'm beginning to see more and more what "plan your trade and trade your plan" means as a thread unfolds, observing the reactions to the stock's movement. I don't know where else one could learn by this method.
Good Luck
D'Wheeze
Thanks for your telling of what's going on in the real world with
BRVO. When I visit New York I'll try to taste these drinks. Are they for sale in the New York area?
Quote from: Romantic_lead on July 07, 2005, 02:35:38 PM
David
Last month you stated in a post that BRVO would be (or could be...or should be?) a $5.00 stock. Then appx a week went by and you sold it, (when you sold off 2/3 of your portfolio). The stock took a dip and if I remember correctly you got back in around .70. Once back in you came back with more statements it would, could, should (?) be a $5.00 stock in the near future.
My question is, what information triggered you to sell it ? When you sold it , did you still feel it could have been a $5.00 stock someday?
Now that you are back in, what is telling you that it will be $5.00 once again?
thanks
Romantic _lead
That sale came as part of the overall portfolio strategy. Every stock pick or single stock strategy is subdued to the macro portfolio management. I sold
BRVO to offset some losses on the portfolio at that time. It was a mistake to sell that single stock, but it was wise to take large profits at that time for the portfolio global performance.
Of course, I sold, the stock went down a bit and then rocketed without me on board. Let me say that I've never turned bearish, not even when I've sold, in fact I was quite bullish on the stock. I was bullish and did not own the stock, so I was sad and eager to buyback those shares. One day the stock plummeted on what it looks like it was profit taking and I immediately bought my position again, fortunately at about the same price.
Thanks for your post wheezledick, it's easy to look at a chart and see what happened, but what did a trader feel about each and every day of the move? That you can find out here on 3SF :D
Ok, going to the
BRVO analysis, I guess the stock went down yesterday because as we know they will be selling their products in the London area this month, so that possibly might have affected the stock. But, as we see now, the London market is up a lot today and taking into consideration the Madrid and Istanbul blasts the London terrorist attack won't have a material effect on the local economy.
So probably
BRVO will resume its uptrend today, or soon ... as a bull I would like to see the stock close above the $1.20 resistance level, but I don't mind if the stock takes its time, she's allowed to do that ... if she wants to, that's another thing. Anyday may be the day BRVO shots up higher again.
Confident buying BRVO on any dips.
I am holding for the future in my IRA and SEPP Portfolios.
David is correct, OTC's such as BRVO are rare.
Taking full advantage as they expand.
4,200 or so Walgreens and the Retail Grocery Store Chains are what you need in this industry. BRVO.
Its not just Walgreen, its also 7-11 [though they are keeping slammer price dollar above others and I returned slammer just because of that], Ralphs [its cheapest to buy here], Safeway, Shaws and may be others. If these guys shows some good numbers then I hope it will be rocking.
Safeway...$1.99. They recently had a sale, 10 for $10. the shelf was cleaned out! They had the same type of sale for Nestle's and their shelf was cleaned out.
Bottom line...I am expecting new product introduction from BRVO and NEstle's, soon!
I appreciate your comments on the real world for BRVO. This stock is a jewel on the OTCBB market (i think it won't be there for long - probably going to AMEX or NYSE).
I've done a little technical experience today. Imagine the pullback on the 28th of June was a new trend. The pullback that new trend had was so big that it clearly surpassed the 61.8% Fibonacci retracement level.
So I conclude that's not a new trend, the prior trend is still very much in place and sooner, rather than later, I believe we'll see BRVO closing at a new 52 week high above $1.21.
Bravo! Foods Slammers(R) Sponsors NHRA Pro Stock Driver Erica Enders
Monday July 11, 8:26 am ET
NORTH PALM BEACH, Fla., July 11 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin-fortified flavored milks, announced the launch of a new promotional program in the $2 billion single-serve, flavored milk industry with Cagnazzi Racing. This sponsorship program is consistent with the Company's recent national roll out of its Slammers® milk drinks, and takes Bravo! Foods' "guerilla marketing strategy" to a new level.
Cagnazzi Racing and Bravo! Foods have agreed that Bravo! Foods' Slammers® brand of flavored milk beverages will be the primary sponsor of Cagnazzi Racing's Chevrolet Cobalt Pro Stock racecar, driven by fan favorite Erica Enders.
Enders' 200 mph NHRA Pro Stock racecar will truly become the "ultimate doorslammer" and will sport a whole new look based on Bravo! Foods' Pro Slammers(TM) "Milk With An Attitude" and Slim Slammers® products. The "Slammers Cobalt" will debut at the upcoming Mile-High Nationals in Denver July 15-17.
Bravo! Foods' Slammers® brand sponsorship of the Enders driven Cobalt will continue through the upcoming three-race western swing, which includes Denver, Seattle, and Sonoma, Calif.
"We're really pleased to partner with Bravo! Foods and look forward to introducing their Slammers brand to the NHRA fans," team owner Victor Cagnazzi said. "Once they (fans) try a Slammers, they'll be hooked. I know the drag racing community will really show its support for this new sponsor and I look forward to showing the folks at Bravo! Foods what NHRA fan loyalty will do for their sales."
In addition to a new look for the Cobalt, the sponsorship will also include a number of promotions tied to the Slammers® brand. At the track, fans can come by Erica's pit area and pick up one of her autograph cards that will include a special NHRA fan coupon for a $1.00 off on their next Slammers® purchase. Fans can go to http://www.SlammersRacing.com for more information about upcoming promotions with the new Slammers® Pro Stock Team and driver Erica Enders.
"Slammers are awesome," Enders said. "All you have to do is look at their bottles and you can see they are a cool company. Plus, they do more than just milk, they also make smoothies and milkshakes, which taste incredible. I can't wait to get them hooked on drag racing."
"NHRA Pro Stock drag racing is certainly an extreme sport, and we are very excited to have our Slammers brand affiliated with Erica Enders and Cagnazzi Racing," said Roy Warren, Bravo! Foods Chief Executive Officer. "Our brand is known as 'Milk With An Attitude' and Erica represents all the positive attitudes of a high-level competitor."
Bravo! Foods joins the growing family of Cagnazzi Racing sponsors, including General Motors, Motel 6, SunCom Wireless, Chicago Pneumatic, Livin' It, and Berger Chevy.
BRVO keeps putting out news releases to try to keep the price up but it seems BRVO has gone up too quickly in a short time and it is probably due a pullback. That said I would trade cautiously. Some posters said that it got sold out when they had the price reduction but that must not be too good for their earnings.
We've had these news on BRVO yesterday:
Bravo! Foods Slammers(R) Sponsors NHRA Pro Stock Driver Erica Enders (http://www.marketwatch.com/tools/quotes/newsarticle.asp?siteid=mktw&sid=505648&guid=%7BCE0927D2%2DE1E6%2D4B36%2D9065%2DC8B4C8AA8D16%7D&symb=)
Not big news, the company is marketing their products.
I don't know if BRVO is ready to take of to new highs right away, but I won't bet on a pullback. Anyone trying to trade in and out of BRVO will probably lose his position and then watch it climb without them on board.
I was very lucky I could buy back the shares around my exit price, I'll probably won't be that lucky the next time I sell just because I have a big profit in it.
So I will patiently hold BRVO for the big pull.
Nice drop this morning. I am in at .96.
Tuesday seems to be pullback day. It was last week and again this week.
In at .95
My son go up this morning and wanted to drink another one.
They were sold out of the characters but we got 2 Starburst flavors from Walgreens yesterday (TN). He is 3 years old. Drank it quickly and liked the colors on the bottle.
Very sweet tasting. Strawberry and Peach Starburst.
Adding... 8)
added more also
::)
It is really rare to see a stock acting so strong like BRVO is. A lot of people is sitting on a nice chunk of profits (like myself), but when they decide to take those profits they meet a wall of underneath demand.
I think there's little chance BRVO closes this week south of $1.20.
Nice Hammer formed yesterday. Usually means we are ready for another leg up. Ya Think??
I think BRVO will creep towards its 52week high and over it this month into next for sure. My opinion.
Its only what, 10cents from it today? As they get closer to the next 10Q it will inevitably go higher, thier sales have been off the charts, not to mention they are good! :) Good luck.
http://finance.yahoo.com/q?s=brvo.ob&d=v1
Momo buying is picking up fast during this last hour of trading. $1.16 at this point and hardly any selling. Heavy buying is the name of the game right now.
Nice movement ;D, closed at 1.20.
Wow David....nice call, u read BRVO perfectly...everyone should read his last few posts on his predictions for BRVO....wish i could do that!!
Impressed!!!! That's why u the Boss!
thanks!!
julia ;D
Posted by: arkieboy1
In reply to: None Date:7/13/2005 1:19:18 PM
Post #of 326
Questions & Here are the Answers altogether from the company!
*Hello Bravo Foods!
These questions were compiled from Investors at the InvestorsHub.com
website. We are interested in knowing these answers to our Questions?
*
1. We are pleased that Management is working hard to produce such a
wonderful product, to sell it to the public and have excelled to the fullest
with the product. We know it takes everyone at Bravo Foods working together
to bring about the efforts and accomplishments that have been wrought. We
also know that every company needs a Great Leader like CEO Roy Warren or
Jack Welsh former CEO of GE.
Nice company to me mentioned with but I am no Jack Welsh!! Thanks anyway.
2. We as Investors who have been able to try the Product think the Starburst
drinks are too Sweet. Most individuals are aware of Weight problems and
Diabetes because this is a great concern?
We formulated all of our Masterfoods products to be under 300 calories per
bottle. We used both regular sugar and artificial sweeteners to achieve the
flavor that we needed. Masterfoods is very fussy about the flavor and while
most adults think it is too sweet, most kids love it. Milk inherently has
lots of sugar and calories but they are healthy calories not empty calories.
We understand the concern about sugar and fat and are careful to reduce them
where possible while preserving taste.
3. We would like to know if Supply & Demand is a problem for the company in
the case with Walgreen's?
We have no supply problems with Walgreen's. The current distribution there
has been a preliminary ramp-up and their 15 regional distributors
underestimated the product sell through. The formal Launch at Walgreen's
will be mid August and they will be fully stocked then. The local stores do
have lots of autonomy so if a manager does not want to carry the brand they
can pass. Most are taking it but many are out of stock while the
distributors re-ordered.
4. What was the problem with them running out so quickly when they didn't
even get the product into all their stores ?
5. Has the company Stressed the 6 month shelf life to Walgreen's, so they
could order this product in advance, so they won't run out, because this
hurts our customers, future customers and they will look for other products?
Walgreen's gets the shelf life story but distributors hate to carry excess
inventory so this sell through rate takes a while to sink in and justify
larger orders, the distributors are running out, that will change with
experience.
6. Investors would like to know if Walgreen's and other stores are going to
be carrying Starburst Drinks, the 3 Musketeer and Milky Way Slammers and the
Slim Drinks ? We sure hope they will be carrying the complete line, so
individuals can buy their choice in one stop shopping?
They have currently only agree to take 2 or 3 of the Starburst, I think as
they see how well the other stores do with the chocolates they will move to
Milkyway too, but no commitment has been made by them.
7. Will slammersracing.com point to an appropriate page ex. A picture of
Erica drinking/holding pro slammers??
Yes, we are working on this now, we will have video of the races and
interviews with her talking to fans about Slammers.
8. Will BRAVO website be updated...looks like BRAVO has a lot of obsolete
information!!!
We are approving copy for a completely new website. We hope to launch it
before month end. Our partners are approving the new copy now, it is
awesome!
9. Will BRAVO put out a PR indicating CC date for 2Q disclosure??
Yes, we will issue a press release during the first week of August defining
the date and number for the Q2 report.
Thanks for your interest in Bravo. Keep those questions coming. RGW
*Thank You Kindly
Bravo Shareholders!
Very excellant move to close at the high of the day
Again great pick, David
Thanks a lot for the info snowcat! ;D
very valuable stuff!
cheers
Thanks for your posts and info. If we get a close above $1.20 (which I think is a sure thing), the technical target of that breakout is $1.20-$0.67 = $0.53+$1.20 = $1.73. But I won't sell there, as said I'm looking for BRVO (forget the OB, probably it won't last long) to reach $5 before the end of 2005.
$1.20 might be old news quickly. Initial bids going to $1.30 at present.
*DJ Coca-Cola Enterprises Acquires Options To Purchase Bravo! Foods' Common Stk>BRVO
07/14/2005
Dow Jones News Services
(Copyright © 2005 Dow Jones & Company, Inc.) ;D
Jesus, awesome news on BRVO, thanks fill_the_gap :D
The big guys (really big) saw what we we're seeing some time ago, BRVO is an extraordinary growth opportunity:
Coca-Cola Enterprises Acquires Options to Purchase Bravo! Foods' Common Stock (http://www.marketwatch.com/tools/quotes/newsarticle.asp?siteid=mktw&sid=505648&guid=%7B66576ED8%2D39F5%2D4933%2DABEE%2D8EF298BDD265%7D&symb=)
JUST AWESOME,
LONG AND STRONG !!!!!
;D ;D ;D ;D
I guess word is circulating fast. Pre-mkt bid to $1.52 now.
Makes me kinda wonder if BRVO might become a buy out target in the near future??
Would I be better to take a position in this after the market gap up? Or should I just throw my money out there....will it see $1.20's again??
Great news! BRVO is putting the rest of my portfolio to shame. :)
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh94720_2005-07-14_12-42-12_n14467500_newsml
Coca-Cola Enterprises, the world's largest Coca-Cola bottler, said the options were intended as a "first step" in acquiring a majority stake in Bravo.
---------------------------------
Seems Coca-Cola wants majority control. What would be a fair price now?
OMG ! i was blown away when i woke up ! ;D ;D ;D ;D >:D
now, david, should i buy more?
cheers!
Looks like the market is saying around 1.45 pps this AM. Very Nice! Congrats to all longs!! ;D ;D ;D
Thankyou, Thankyou, Thankyou David!!! Your the man.
NORTH PALM BEACH, Fla., July 14, 2005 /PRNewswire-FirstCall via COMTEX/ -- Bravo! Foods International Corp. ( BRVO ), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milks, announced today that Coca-Cola Enterprises, Inc. has acquired options to purchase shares of common stock, convertible securities and warrants, entitling Coca-Cola Enterprises to purchase approximately 69,000,000 shares of common stock from 12 shareholders of Bravo! Foods International Corp. (the "Options").
The common stock and other securities underlying the Options represent approximately 23% of the authorized shares of the Company's common stock.
WOW! David, How do you find these gems?
I dreamed of seeing maybe $1.50, now maybe $2.00 is very possible
Guys you all have to remember of all the stocks out there to find 2 gems
IIJI and BRVO in the same year. Speachless.
David,
YOUR GOOD!!!!!!!
Thanks for the insight.....look for some donations to keep this project going.
Hats off to you and Ramsburg.
David,
Great pick !! Nice work. ;D
-Jeff-
Thanks for your comments :)
Like I said I think we'll see $5 in BRVO before this year ends, but I wouldn't be a fresh new buyer on a big news day like today. It just doesn't fit my strategy.
I hold my position since $0.26 (well, I took profits at $0.69 and was lucky to have the chance to get back in at $0.67) and I'm not selling today. But I won't buy more (the stock is already my biggest holding in $ terms).
Look to buy on pullbacks in bullish trends, not when we get a big gap up because of news.
That said, I maintain my $5 dollar target.
Good luck !
Buy right now, IMO. $ 1.19.
Pullback was perfect !
Great news, David what are your thought's about coke's options price of 36 cents. Could this make for a major retracing in the stock price. Thanks for your opinion.
Usedcasting
P.S. Great Find
Wow what is happening here? $1.02???
ouch!
I have never seen a stock do that before.
Well now that was sure anti-climatic. I should have 'sold the news'. Looks like a little buying coming in now at the $1 level. Let's hope it bounces. Not looking great at the moment.
major profit taking again >:( everytime brvo hit a high ppl start selling like crazy but it'll alway come back at the end ;D
What a rollercoaster ride ;)
Holy Smokes, Anybody see at OTHER news which would cause this drop
other than profit taking? I've looked and found nothing negative.
so, why the big drop?
Well, it seems people got scared because Coca-Cola bought options to buy shares at $0.36. But those options, of course, did cost money.
We don't now yet how much did those options cost.
BRVO said too they are to reach an agreement with Coca-Cola for Coca-Cola to buy about 81,000,000 shares of BRVO.
People probably are selling because of the dilution effect.
I just say this: I bought BRVO because I know they have a good product and I believe in some months they will be selling their product worldwide. This news is another step into that direction (the Company and Coca-Cola Enterprises are negotiating a master distribution agreement for the sale of Bravo! Foods' products in the United States and its possessions, and internationally in Canada, Belgium, France, Great Britain, Luxembourg, Monaco and the Netherlands.). When BRVO sells it's products worldwide I'm sure it won't be quoted below $5, doesn't matter what news comes in between.
We always have to be careful in buying opening gap ups related to news ...
I'm holding BRVO for the long term.
WOW can't believe i get to scoop couple thousands more share under a buck ??? that's a good deal ;D hopefully now everybody done with selling and start buying ;)
Even if Coca-Cola buys its 50% of BRVO say at $0.72 a share, this means the company is worth a lot more ... BRVO owners sell their shares because that will give the company the leverage to be a global company.
It is a good move, since the, say 49% of BRVO, will be worth a lot more in the future because of this agreement than 100% now. Coca-Cola will give wings to BRVO.
My view of things happening, seeing $5 on the horizon !
I think your analysis is 100% correct David. This is a small price to pay for BRVO to partner with Coke IMO. This is what needs ot be done if they want to play with the big boys. The soda business is flat and Coke needs to find alternatives to their core products in order to grow expand. I think it is tremendous that Coke takes a stake in the company. I bought some more at $1.05.
Either major profit taking or some serious "stops" were taken out ??? ..either way I belive it was a gift to be able to add again at this level long term (1.03).....thank you David ;D
Thanks, David for a quick answer---- bot another 1k shares at $1.04
I also added at $1.05. I think partnering with Coca Cola will be very positive for Bravo in the long run.
Good luck everyone.
thank you david for quick posting of your thought >:D not many day you see stock price fall 43% and I'm still holding an being very optimistic. Even grab some more (actually alot more on a dip)
I was able increase my position on BRVO @ $0.99
What a crazy intraday chart ;)
FWIW-
Neither the gap up this morning after the news nor the pullback surprised me. If there is one thing I have learned over the years in trading ( and the only ABSOLUTE TRUTH, by the way ) it is that traders will ALWAYS overreact to news. Think about it. In what parallel universe is it a bad thing that BRVO has a strong relationship with Coke? None that I can think of. And that relationship comes at a price, which is the ability for Coke to buy a goodly number of stock options at a reduced price. The most important part of this whole situation
in my view is the possible distribution agreement that David alluded to. When you are a small manufacturer ( which BRVO is), the key to success is to get your product in front of people's faces, and a distribution agreement with Coke will give BRVO that opportunity. By the way, you can write it in stone that Coke did their DD and discovered that Slammers were "selling through" at the retail level, thus the offer to BRVO. My only concern would be that BRVO sells itself short and sells out to COKE too soon, but I really don't think they will do that because, as I've posted before, this management team is as sharp as they come. In my opinion, in light of this deal today, I think that David's $5 target may, in point of fact be a little on the light side. All the best.
Irish
short term market has inefficiencies. long term they get ironed out!
I agree, guys.
Just bought some more, but at 1.09... was not home for the big drop, unfortunately.
Or...maybe that was good, that I didn't see it ;D
The sun is touching the yard-arm here in Denmark, so: Cheers!
I don't know about anyone else but I appreciate all the feedback
Thanks to all.
Today's drop was in anticipation of the dilution. Any thoughts to what affect the actual dilution might have come August 31 when the options are exercised??? :o ::)
This certainly looks like a positive development to me. However, what about the contingencies? i.e. the execution of a mutually satisfactory master distribution agreement, after which Bravo would have to agree to sell Coca Cola Enterprises additional shares, giving CC control of the company. Doesn't look like a done deal yet, or is this not a problem? I added to my position at 1.045 today. Hope the deal does through. Thank you 3Stocks on Fire for putting me on to this stock.
What's the impact of the Coca Cola's deal on the Outstanding shares? Currently, BRVO only has 66 millions shares outstanding. With the 69 millions shares of stock options and potential 80 milions shares of stocks sales, the total outstanding shares may be triple after August. Is my read correct?
But One thing I strongly agreed, we stay long because of the potential of the company. The deal brings them the critical path to expand to more markets and grow faster.
I do not understand today's action. ???
I saw the news before market open and briefly thought I might be able to retire. Or at least buy lunch for everyone at work.
I finally had time to check the price about 15 mins after open (1.09) and thought it must be halted.
I am still mystified, I must be missing something. However, I do feel more comfortable holding now with the CCE imprimatur. Maybe speculators were expecting a better offer.
There are 2 good links on the ragingbull. The $0.36/share sounds like are not the price CCE will pay (it will be higher)
http://ragingbull.lycos.com/mboard/boards.cgi?board=BRVO&read=7404
http://ragingbull.lycos.com/mboard/boards.cgi?board=BRVO&read=7418
This post was also pulled from the Raging Bull forum...
Hope it is correct.
By: been_burned_before
14 Jul 2005, 08:02 PM EDT
Msg. 7480 of 7482
Jump to msg. #
I now see the light . . .
I just read a Lehman Brother's report on the deal, and it has fully cleared up my understanding of it. As it turns out, CCE is actually planning to pay $38 million for 50% of the fully diluted shares of Bravo. As everyone knows, the total number of authorized shares is 300 million, so 50% of that would be 150 million shares. In other words, CCE is paying ($38 million / 150 million shares) = $0.25 pps, but please understand that this is a fully diluted price. So, taking Bravo's current total shares outstanding - 63.49 million - CCE is actually prepared to pay ($38 million / 63.49 million shares / 2 = $1.20 pps. So there you have it: CCE is simply prepared to offer yesterday's closing price - $1.20 pps - which just so happens to be $0.25 pps fully diluted.
Been_Burned_Before
So if I am understanding this correctly, the base price for BRVO should be at least $1.20 per share which is a premium to where the share price closed today. Is this a done deal? Am I interpreting this correctly?
So all of these shares traded down to these levels based on a misunderstanding of the information? ???
I'm sorry but correct me if I'm wrong. I don't know much about this kind of transaction but should we be worry about how much CCE is willing to pay for their shares. They are not buying all our shares right ?
I know there are some financial wizards here that will make sense of all this. I appreciate the copy from the Raging Bull board, but that is not actual copy from the puposed Lehman report. It would be great if someone has access to that report to copy from >:D There seems to be alot of confusion about this deal and it is not only reflected on the boards, but also by the trading activity.
One would think that this is very good for the company but hopefully not at the expense of the shareholders.
Copy from RB post by aitech61
Lets play with the numbers...
Now remember the the PR the other day for NHRA and the Cagnazzi Racing team. The PR referenced the following:
announced the launch of a new promotional program in the $2 billion single-serve, flavored milk industry with Cagnazzi Racing.
2 billion single-serve milk industry... Now lets talk market share... The goal of BRVO is to get as I have said in many a message before 1) Market awarneness and 2) Distribution......
Now with Cokes market awareness and distribution support, if BRVO could crack a mere %15 of market share. This would reflect revenues in the range of 300 million dollars. Lets say they can operate at a margin of 30% we can see 90 million in net earnings... Now with 219 million shares outstanding after the 69 million present o/s + 69 million coke options exercised and the following 81 million shares purchased by coke, we have 90 million / 219 million we have an earnings per share of 41 cents. Now using a growth p/e of 30 we have a potential share price value of 12.30.....
This is all on 15 percent market share.... Now with Cokes distribution capability and Bravos awesome products we could see 25%. That figures to a shareprice of 20.70... See what I mean.... Possibly margins can be adjusted to reflect more earnings.. I honestly think that the 2 billion number will go up with the focus now targeting more healthy drinks versus soda... It is all exponential at this point....
Just take a look at energy drinks. A couple of years ago they were where milk is today. I can see in 2 years from now, flavored milk being the BIG item and fad. That is where we could see who knows a 4 billion market versus 2 billion market. In that case double each of my scenarios... Get what I mean!!! $5 is a no brainer..... From there you can see the growth potential......
We are $1 today. Who knows. We could be $20 a year from now... We could be $40 two years from now. It definitley has possibilities more real today than yesterday!!!!!!!!!!
This is where your disciplines need to take over if you want to be one of the few that get in today to reap the major rewards 1 or 2 years from now!!!!!!
Reuters update:
Thu Jul 14, 2005 12:54 PM ET
(Recasts, adds reaction, background, changes dateline from previous CHICAGO)
By Paul Simao
ATLANTA, July 14 (Reuters) - Coca-Cola Enterprises Inc. (CCE.N: Quote, Profile, Research) said on Thursday it had acquired options to buy a minority stake in Bravo! Foods International Corp. (BRVO.OB: Quote, Profile, Research) , the first step in a bid to take control of the U.S. flavored milk producer and boost the soft drink bottler's share of the market for nutritional beverages.
Coke Enterprises, the world's largest bottler of Coca-Cola products, said it would exercise the options, which represent about 23 percent of Bravo's common stock, if Bravo was willing to sell it enough additional shares to raise its stake to more than 50 percent.
The bottler also said the transaction was dependent on its negotiations for distribution rights to Bravo's products, which include Slammers Ultimate Milk and cross-promotional brands with Masterfoods and Marvel Comics.
Bravo's shares fell 6 cents, or 5 percent, to $1.14 in midday trading on the over-the-counter board. Shares of Coke Enterprises, about 37 percent owned by Coca-Cola Co. (KO.N: Quote, Profile, Research) , were up 7 cents to $22.05 on the New York Stock Exchange.
"It is anticipated that CCE's total investment would be approximately $38 million upon exercise of the options and the purchase of common shares from Bravo," Coke Enterprises said in a filing with the Securities and Exchange Commission announcing the transaction.
The options expire on Aug. 31, 2005.
The play for Florida-based Bravo, which has markets in the United States and more than a dozen other countries, is the latest foray by the Coca-Cola system into flavored milk, a product that tends to appeal to kids and adolescents.
Coca-Cola already markets Swerve, a dairy drink that comes in a variety of flavors and contains more than 50 percent dairy products, allowing it to carry the "Real" seal of the American Dairy Association.
But the Atlanta-based soft drink giant and its partners face stiff competition from Britain's Cadbury Schweppes Plc (CBRY.L: Quote, Profile, Research) and Purchase, New York-based PepsiCo Inc. (PEP.N: Quote, Profile, Research) , which already sell similar products.
Cadbury Schweppes markets a chocolate dairy drink called Yoo-hoo. PepsiCo sells a variety of Frapuccino drinks in collaboration with Starbucks Corp. (SBUX.O: Quote, Profile, Research) as well as a chocolate milk drink under the name Love Bus Brew.
"The category is very small, but in an era of health and wellness focus it has larger potential," said John Sicher, editor of Beverage Digest, an industry newsletter.
Flavored milk has gained traction in the United States amid a move by consumers to healthier products. Health critics have linked sugary soft drinks to rising levels of obesity and diabetes.
On Wednesday, the Center for Science in the Public Interest, a U.S. consumer group, called for cigarette-style warnings on soft drinks to alert consumers to the health risks of overconsuming such products. (Additional reporting by Emily Kaiser in Chicago)
Trying to make sense of the deal between BRVO and CCE:
1) The deal is not done yet. CCE has options to buy 69,000,000 BRVO shares from 12 shareholders at price $0.36.
2) CCE wants to buy an additional 81,000,000 shares from BRVO, giving CCE a total of 150,000,000 shares of BRVO, that is, more than 50% of the company.
3) In addition to this, the two companies are making a distribution agreement for the sale of Bravo! Foods' products in the United States and its possessions, and internationally in Canada, Belgium, France, Great Britain, Luxembourg, Monaco and the Netherlands.
4) CCE said it is planning to invest about $38M on this deal with BRVO. This value is too low in my opinion, but it doesn't seem CCE is trying to make an hostile takeover, because they are friendly making that distribution agreement.
5) 69,000,000 shares at price $0.36 will cost CCE $24.84 million.
6) They're left with just $13.16M to buy the additional 81,000,000 shares. So the cost per share seems to be about $0.17.
7) BRVO will issue a lot of new shares to make this deal. The number of shares outstanding will grow from 63.49 million to 213.49 million shares.
8 ) At $1 a share the company will be worth $213.49 M. The market cap was just about $65M prior to this deal.
9) The deal with CCE will make sure the expectation I had for BRVO to sell worldwide is now almost a sure thing in the future. But with the stock at $1 - $1.10, the market is already reflecting that, I believe.
10) The company will gain a lot of growth potential from the deal. But the stock price won't, because of the dilution effect. On Wednesday, $1 change in BRVO's stock price was «worth» $63.49M. After 31 August, if this deal is completed (and there's no reason to believe it won't be), $1 change in the stock price will be worth $213.49M
11) I'm no accountant and I'm not sure if these thoughts are right.
12) I have a 55% profit at yesterday's close (337.5% profit since my first purchase), and many doubts.
13) In doubt, stay out.
14) I will sell BRVO at today's open and wait to get a more clear picture of this deal, which looks like will be very good for the company, but not so good for shareholders.
15) Remember BRVO was a $0.10 stock just 4 months ago.
Stocks come and go, and there will be plenty of opportunities in the future. I'm not sure if I'm right or wrong in being short term bearish on BRVO, but I'm sure of what I have to do to respect my speculating strategy and ensure my financial prosperity. And that is, in doubt stay out. I'll take the money and run, hope everyone makes the right decision (knowing this is impossible).
Good luck !
I wasn't around for yesterdays news release, but seems to be a sell the news deal for sure
I'm out, following David's advice. Appears to be freefalling now.
Out :(
And this shows that fundamentals does have a big time impact. And what I can read from daves comments above, it seems like BRVO has to be at one third the yesterday's closing to be at the same level to account for the extra shares. :(
Guys,
Did David update all his 3SF stocks? - i see only part of them.
Thanks!
Ohad
I see this deal in a different light.
In fact, added at .88.
With Coke involved, the International marketing and distribution will value the market cap in line with the price.
What you see today is panic selling. Will be choppy for awhile then consolidate and move up.
My opinion is that BRVO was a buy before Coke. The company will now have exponential growth. Coke needs to get into this market in a huge way.
Buying more and will hold for a huge gain from this level.
Just an opinion. Tend to do opposite of the public when they are in a frenzy.
-Jeff-
Quote from: fill_the_gap on July 15, 2005, 10:08:17 AM
I see this deal in a different light.
In fact, added at .88.
With Coke involved, the International marketing and distribution will value the market cap in line with the price.
What you see today is panic selling. Will be choppy for awhile then consolidate and move up.
My opinion is that BRVO was a buy before Coke. The company will now have exponential growth. Coke needs to get into this market in a huge way.
Buying more and will hold for a huge gain from this level.
Just an opinion. Tend to do opposite of the public when they are in a frenzy.
-Jeff-
Couldn't agree more....I've added 3 times over the past 2 days. Nothing to worry about, IMO.
No, I'm sorry, I've started the usual update and then stumble at BRVO. I wasn't sure of what to think, so I went on doing other stuff I had to do (go to the bank, take care of other businesses), and then I was out of time to update all holdings.
Hopefully in the future I'll become a professional at 3SF and work full time on this loving website. In the meantime I'll do what I can ...
But tonight I'll update all holdings again (I'm not selling or buying any, beside of BRVO which I've sold @$1.055). In the weekend I will order some accounting and financial books from Amazon, yesterday it could be clear the stock was a sell as the news came out, but unfortunately I'm no accounting expert (I was a futures trader and rules in my country for listed companies are much different than in the US). But I will be, join me in this learning process ;)
Good luck !
Depends on the philosophy.
As far as the concept of this site. Stocks On Fire...
BRVO probably is a sell.
But BRVO is a buy and hold for those with some time.
Already nice gain on the purchase today.
My target for BRVO with Coke involved is actually higher now.
They will take it to another board with the marketing, IMO.
$ 5.00 and above. Who knows how long.
Coke was the ideal candidate to get involved.
Very confident here as I was with my original HISC posts.
Give it a little time to sort out. You will make more here by holding than trading in and out of other stocks. We know the history and chart. But if you want On Fire...Okay to move on.
Very strong buy at this level. ;)
-Jeff-
Yes, I agree with fill_the_gap the company will continue to grow a lot in the future. But BRVO shareholders won't be very benefited as before (CCE will be the big gainer, I believe). BRVO will come out much heavier from this deal, without any appreciation in the share price. It will move more slowly, each rise will represent a bigger value.
But there's no doubt this company has a bright future (this partnership with CCE makes sure it will be bright).
Longer term I believe it will be a good investment, just unsure if I won't see $0.60 before $2, so I sold. Perhaps in the future I'll come back in, even at a higher price, I don't mind that.
Good luck to all !
So let me get this straight. After the news of coca cola this is what you stated:
"Thanks for your comments
Like I said I think we'll see $5 in BRVO before this year ends, but I wouldn't be a fresh new buyer on a big news day like today. It just doesn't fit my strategy.
I hold my position since $0.26 (well, I took profits at $0.69 and was lucky to have the chance to get back in at $0.67) and I'm not selling today. But I won't buy more (the stock is already my biggest holding in $ terms).
Look to buy on pullbacks in bullish trends, not when we get a big gap up because of news.
That said, I maintain my $5 dollar target.
Good luck !"
Yesterday it was a $5 stock but today you are out ????
FWIW-
I think fill-the-gap's analysis is bang on. Let me point out a few things while the dust begins to settle.
1) There is no way- let me repeat that- NO WAY that CCE's initial offer will be the final offer. Management did the smart thing ( which is exctly what you would expect from this group) and brought in the pros (Bankers) to advise them on this deal. I would not be surprised if their next step would be to bring in some Wall Street folks. That would be the REALLY smart thing to do.
2) Management owns 6 million plus shares. How do they benefit if the share value hovers around
$1? Is not their greatest incintive to grow the share price?
3) CCE needs this deal as much as BRVO does. Pepsi is already in this market in a big way, and CCE needs BRVO and it's products to stay competitive.
4) The bottom line is, was, and always will be what are the sales and growth forecasts. The answer to that seems fairly obvious to me.
This is a long term play, but as good a one as I have seen for quite some time. All the best.
Irish
Fundamentals changed, I changed my opinion. The stock market is dynamic and I have to change with it to keep performance rising.
Yesterday I wasn't fast enough to perceive all implications of this deal with CCE. Yet, I started buying this stock at $0.26, so I got an handsome profit.
Anyway, I was very sad to sell BRVO, but I can't keep a stock when there is the possibility of a 30 or 40% fall from current levels. It doesn't mean, in the future, it won't be a $5 stock. But it will be much more difficult due to this deal, in my humble opinion, it will take a lot more time, because $5 with the number of shares outstanding that's coming will be a much bigger company than it would be in the past ...
I don't know if I can make myself clear, but I had to sell and I don't tell anyone to follow my analysis, I just do this: analyze, buy, explain why, sell, explain why, so you people can learn the game, from my successes and mistakes. I'm no pool manager, for that, sometime in the future, perhaps, I will create an hedge fund or something like that.
Good luck !
I am still long on BRVO, at least till the deal is closed or 2Q CC! of course that means I am not following any trading rules of thumb or for that matter of fact I will have cash for future trading. How ever my position can change anytime.
David, you are right in saying that with 300M outstanding and 150M in float, the company has to become that much larger to attain $5 per share value which could take time.
However keep in mind the following:
1. CCE's clout can make Branding of Slammers more broad and deep.
2.CCE's distribution can enable RAPID market penetration i.e the company can grow rapidly. The market size is 2B and BRVO has less than 1%. Besides CCE services 2.4 million vending machines
3.CCE's majority participation can enable BRVO to access NASDAQ quicker
4.The investment bankers analysis could attract a lot of instutional investors. I bet they come out with some price range for BRVO. And finally
5. Slammers could become a household brand just like Coke!
Bottom line, it appears fundamentals has changed but it has not changed drastically. JMO
Just dumb luck!!
I set my stop price this morning at .83
Only thing was I set it as a LIMIT order without realizing it, out at 1.05 by accident.
Waiting for things to shake out before re buying.
Dumb mistake, lucky outcome. Wish it happened yesterday!! LOL
7) BRVO will issue a lot of new shares to make this deal. The number of shares outstanding will grow from 63.49 million to 213.49 million shares.
So the outstanding shares will increase by a factor of 3.36, but what will the growth rate increase by?
I called the company and talked to the CEO. I told him I was confused and didn't understand the market reaction.
He said the market doesn't understand what an opportunity this is for brvo and its shareholders. He said to get Coke's distribution channel and marketing muscle, we had to give them some cheap shares. He said if it was a buyout at this price that would be different, but shareholders get to go along for the ride with CCE doing a lot of the work.
He said they weren't going to build up the company only to see it get sold to Pepsi.
We'll see how this shakes out, but as for me, I added shares today.
spalooky, I also communicated with the CEO as well. I honestly think this deal will be a win win situation for both Bravo and Coke. Like I mentioned on the Raging bull. I believe this could be the making of a perfect storm in stock investments. We are at the bottom of something huge in the making... We are at the bottom in shareprice, the bottom in market share, the bottom in product market. What I mean by bottom in product market relates to milk. I think flavored milk today is what energy drinks were several years ago. Now look at energy drinks... I believe milk will become more and more popular going forward with the awarness and more health conscience our society becomes...
I agree with your sentiment. The CEO's main priority is to grow the company and improve shareholder value. That is where his fortune is to be made I might add. He doesn't command a high salary... I have communicated with Mr. Warren several times and he has always been quite informative..
I added today in the first dip at 84 cents. I have a growing position and plan to add in the future........
I'm not long term bearish on BRVO, just short to medium term. The stock has less potential now in my opinion, and market reaction to the news is telling that.
If you go read this thread, the entire thread, you'll see my reasoning for buying was that the company would sell it's products worldwide. This news doesn't add nothing new, just a lot of dilution, to my expectation (and probably many other investors expectations - that's why the stock came from a low of $0.10 to a high of $1.42 in 4 months).
I thought BRVO could do it alone, without this major sale at very cheap prices compared to the market price.
I don't know about you, but I never saw a CEO not telling bullish things about his company.
I have no interest in this stock now, I guess if it breaks badly a lot of people will panic and there will be a gap down to the $0.50's or something ... then the stock will probably bounce, but there will be a cloud of bagholders around $1 and it will be difficult to rise above that level without major fundamental changes and big institutional buying.
With 213.49M shares outstanding, at $2 the company would be worth about $427M. They sell their product at 1$ with about 24% margin, so they profit about $0.24 per unit sold. For BRVO to have a multiple of, say, 15, it would have to profit $28.46M a year. So it must sell $28.46M/$0.24= 118,611,112 slammers a year.
What do you think, is this a lot, is this a few?
I have no interest in talking bearish about this company since I love the product and I believe in the future growth of the company ... but what management did to shareholders with this business with CCE ... was not pretty in my opinion. I see a cloud of bagholders above current prices, I believe panic will come before any meaningful advance.
I'll shut up about this stock now, I hope I'm wrong and wish the best luck to the people owning BRVO !
Only in penny stocks would Coke's involvment with BRVO cause it to tumble.
The owners, the guys that founded the company, watched it, made it grow. And put WAY more blood sweat and tears into it than any of us. IF THEY are willing to sell their shares to Coke, then I'm 100% sure it's a good move.
I'm putting my faith in them, just like I did when I bought the shares. Now, I'm sure they know what they're doing (before and now). On top of that, Coke, THE large cap gets involved, I'm sure they know what they are doing.
Combine the two, and it's a major good news for BRVO. Like I said, only in the penny world would people dump on this news.
Maybe it is profit taking, because Coke's involvement is still uncertain. But this deal gives BRVO much more legitamacy than they had when they went from pennies to 1.20
People can sell for their own reasons. I respect David for saying he made 55% and he's taking that off the table. Make up your own minds and don't contribute to the panic.
If you feel BRVO treated you well before and believed in the owners, keep the faith and look at the numbers. Coke just pumped 38 million into this penny.
Warren Buffet is fond of quoting his mentor Bill Graham [right, or seems like I forgot his name ???] as follows:
"Market is a voting machine in the short run and weighing machine in the long run"
I hope this may explain something about the current BRVO situation.
This is what I understand after reading the press release many times
1) 12 shareholders sold their options and warrants to CCE. CCE can exercise at a price of 0.36/share but it doesn't mean the 12 shareholders sold it at that price
2) If CCE doesn't exercise the options and warrants, it won't affect the number of outstanding shares.
3) Since CCE doen't want to take over the company, they want to use the 23% stakes to help negotiate the master distribution agreement.
4) In light of the 80 millions share of direct purhcases, it is still under negotiation. This is not a done deal or may not happen. It all depends on how generous an offer CCE is going to offer.
So In fact, after August 31, the valuation of the stock may remain the same but it may expedite the growth of this comapny. I would definitely hold it and ignore this short-term pullback.
The key point made by David is that in the short term the PPS may see 60 cents before $2 and there are a lot of unknowns prior to the deal close. I agree about the unknowns. I am not sure about the 60 as I am not a short term trading guru. 60 may happen. But if it has a great longterm value ( I am still long), then I rather buy on the dips. I wish had some cash!
When a poor man (BRVO) sells to a rich man (CCE), he doesn't sell cheap.
It's a psychological tennant of capitalism. BRVO owners aren't fools. If they know Coke is interested, they won't just give away BRVO.
Dave actually made a good point in an earlier post. If BRVO can do it themselves to market slammer worldwide, it is not necessary to have CCE in the picture. Since CCE is the one that pursuing this idea, they need to pay a reasonable price. Of course, it won't be 36 cents
I find that the press release is very confusing. But there is nothing written in stone yet. So stay tuned for the new round of news.
Good Luck!
BRVO PRODUCTS WILL SHIP TO CHINA!
BRVO WILL GO NEW HIGH!
BE PATIENT!
SEEING IS BELIEVEING!
David may be right about the short term and I won't discount his analysis. After all he put me onto this stock. I do hope he's wrong, however.
My own take is different. l think the deal is misunderstood by the market and will be wildly positive for BRCVO holders with some guts. I think it's in the category of one of the best investment opportunities available in US equities right now.
The Raging Bull board shows the confusion over the deal and represents the yin and yang of the debate. Miggie, Clarksavage and Binnieo have some good reads.
We'll see soon enough how it all shakes out once this deal is degaussed.
(OT, David I just read Jimmy Rogers book Hot Commodities. You recently posted you were a futures trader at one time. From Rogers book now I know futures trader is the same thing as commodities trader. If you don't mind my asking, what commodities did you trade? I'd like to invest in commodities but I don't know where to start. Any ideas? What commodities look appealing to you now? Rogers likes oil, lead, coffee and sugar. He also has a commodities index fund but it's not for sale in Minnesota yet.)
Peace Out (from Napoleon Dynamite- best comedy of the decade!)
Hello spalooky :)
About BRVO, I guess at least one thing is clear: CCE says it will invest $38M in BRVO. They have options to buy 69,000,000 shares at $0.36 and they say they will buy an additional 81,000,000 shares directly from BRVO. The 69,000,000 shares will cost $0.36*69,000,000=$24.84M. CCE is left with just $13.16M to buy the additional 81,000,000 BRVO shares, so the price per share will be 13.16M/81M = $0.1624.
CCE will buy more than 50% of BRVO for $38M, or $0.25 a share. Why should I pay 4 times more? (2 times more would be allright, but 4 times? ???)The CEO says he didn't build the company to be sold to PEPSI, but that would be a much better deal for shareholders. CCE should takeover BRVO above market price, not getting a control position in the company at 1/4 of market value.
I guess this happened because BRVO management started talks with CCE months ago (these deals take months to be made) and 4 months ago the stock was at $0.10. The deal would be great, with CCE paying a 150% premium for the control of the company. But, the market moves fast, and while they were doing the deal the stock shot up more than tenfold. The final deal didn't reflect this market movement, and that's wrong.
The only hope for current shareholders is that this deal doesn't close at all, at least not at this low price, management should negotiate this better, CCE should buy their position at market prices, not with a scheme behind the scenes !
What do you think of my reasoning? If you want please post this (and the other post where I gave 15 reasons to sell BRVO (http://www.3stocksonfire.org/trading/index.php?topic=312.msg9561#msg9561)) on ragingbull, perhaps I'm wrong and someone comes up with a better reasoning for this (I would seriously like to get back into BRVO, I just have no motive at current prices).
About commodities, I love Jim Rogers and I own some of his books, but not that one, yet. In the US people talk about futures as commodities, but in Europe it is a different thing. We've had single stock future for more than a decade now. I've traded single stock futures since 1998 and I'm an active day trader on the DAX futures since 2001.
I've also traded some gold futures and I'm a long term bullish in commodities since 2001. I don't know enough to be more bullish in one or another commodity, I like them all as a group. I believe Jim is right when he says we're in an environment much like the 70's.
Thanks for your post :)
When the management sells the securities [or dilutes] at below the market price then with almost no exception market does not like it atleast in the short run. You can let me know if I am wrong on this.
I hope that BRVO guys wake up and come up with some sound economics. I sold my share for loss on Friday [at peak I had 40% profit :( and then loss of 10%, now thats one of the greatest sins of trading], and hope that things does not get worse for others.
[though my earlier trade did gave me some 80% profit, so can say that at the end of the day it was still 70% net profit with BRVO :) ]
David wrote;
"About BRVO, I guess at least one thing is clear: CCE says it will invest $38M in BRVO. They have options to buy 69,000,000 shares at $0.36 and they say they will buy an additional 81,000,000 shares directly from BRVO. The 69,000,000 shares will cost $0.36*69,000,000=$24.84M. CCE is left with just $13.16M to buy the additional 81,000,000 BRVO shares, so the price per share will be 13.16M/81M = $0.1624.
CCE will buy more than 50% of BRVO for $38M, or $0.25 a share. Why should I pay 4 times more? (2 times more would be allright, but 4 times? )The CEO says he didn't build the company to be sold to PEPSI, but that would be a much better deal for shareholders. CCE should takeover BRVO above market price, not getting a control position in the company at 1/4 of market value.
I guess this happened because BRVO management started talks with CCE months ago (these deals take months to be made) and 4 months ago the stock was at $0.10. The deal would be great, with CCE paying a 150% premium for the control of the company. But, the market moves fast, and while they were doing the deal the stock shot up more than tenfold. The final deal didn't reflect this market movement, and that's wrong."
The average price being paid by CCE is 25 cents. Yes this the cash price. You are right in saying that it is not the market price. The market price is the discounted value of future cash flows. This is where the value of Master Distribution Rights fits in. The point I am making is this:
MArket Price = $1.00= 25 cents + Value of Master Distribution Rights.
"It is anticipated"
(that CCE's total investment would be 38M)
Doesn't mean it will be. I think this is a lowball offer. We'll see how well BRVO can negotiate. I think they both want eachother and that CCE should be willing to pay 1-1.20 per share for the 81M. We'll see
BRVO could have done it without CCE.
Take the case of HANES NATURAL [HANS ticker]. Just look at those guys. They did it on their own and the stock raced up from 4$ to 97.8$ and going.
And at this stage, HANS may be taken over with premium by PEPSI or COKE who ever is the highest bidder.. Now contrast that with the BRVO situation and you may get my point.
Dont have a position in HANS or BRVO
I want to set straight a misunderstanding about a statement I made.
Roy's comment about not building up the company only to see it get sold to Pepsi was in regards to Coke. He said CCE wants majority control of BRVO because they (CCE) don't want to build up the company only to see it sold to Pepsi. With majority control they can prevent such a transaction.
sorry if I am posting on the wrong message board here ,some one with better knowledge than me can post apropriately this stock on fire for the last week whent from 3 dollars and closed friday over 10.50 ,it is a stock with small float ,as a matter of fact the float traded about 4 times on friday alone ,and I beleive there is still lots of steam to bring it up again on monday ,actually excellent stock for day traders ,made good money last week with this one
if you do some DD here you will find that this company may have a excellent products or services ,energy savings of 20% is huge to all retail store ,Walmarts actually testing the products
good luck
John
once again sorry if this post is in the wrong place on this site I am trying to find out how to work with this site
I think it is the best for all of uss trying to beat the stock market makers at there own game ,one need to join and learn to play the game in order to make some $$$$$$ here
sail...u must be refering to CAFE. Just do a search on CAFE and join the thread there! When I have a stock in mind, I always do a search first and then either join the thread or create one. Each board has a name by category. I hope this helps.
right on ,I forgot to put the stock I was refering to ,how did you guest CAFE ,thank you
The distribution agreement is the key of this deal. BRVO could do it their own but it may take them years to capture a decent market shares. Other companies like PEPSI CO may respond faster to the market's demand and limit BRVO's growth. With CCE, their existing infra-structure wil help them to compete with the big guyss in the market. I guess more upside than downside.
Also, they are still negotiating the final price. 0.36/share is the option terms. Put it to comparison, BRVO is at 93 cents right now. Since CCE acquires them from 12 shareholders, it must pay more than 0.36 cents.......
David, I think you're making a huge assumption that CCE's last 18 or so million will buy them the rest of the 51% they need to control BRVO.
It won't. That's great they negotiated for all those options at .36, but with involvement of the 'fair agreement' (indepedent banker to review etc), there is no way the rest of the shares will be bought for that cheap.
Also, when they bought those options for .36 the stock was trading around .10
Now when they need the rest, the stock is at .93 (If they were willing to pay triple then, why not now??)
I still see confusion in the deal, the only sure thing that has been mentioned is the options at .36 cents.
I think there is too much speculations here and it is very annoying. Some says it's good to the company and some says its stock price is going to see 50 cents before $2.
We all read the press release and we all doubt that the current terms will be accepted by BRVO. Let's the independent bank do the work and show us the fair value of this company.
Depending on how it opens today, I'll be adding MANY more shares. I have no fears/concerns at this point, because CCE will not get away with a .25/share price....I'll put my money on the intelligence of BRVO's management.
Regardless, even if they do somehow manage to get a .25/share price, I'm not in it for the immediate short term, and within a few months, or even up to a few years, BRVO would still be an excellent opportunity. I understand David's thoughts to sell, because it may not be that great in the next few days (who knows, however), but in the long term there is absolutely no reason to believe it won't be a very valuable stock to own. The trick is trying to find out when the low point will be, so that you can reinvest before the upswing. That's the real challenge for us, not deciding whether or not it will hit $5, it will.
Bravo! Foods Partners With Tabatchnick Fine Foods to Introduce Slammers(R) to School Hot Lunch Programs Nationwide
Jul 18, 2005 10:33:00 AM
NORTH PALM BEACH, Fla., July 18 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milks, announced today that Tabatchnick Fine Foods, Inc. will introduce the latest version of Bravo!'s popular Slammers(R) fortified milk drinks at the upcoming School Nutrition Association Annual National Conference. The nutritious product will be introduced into public school hot lunch programs nationwide through government Commodity Food Programs, including USDA exchange programs, state and federal commodity rebate programs, and state and federal fee-for-service programs.
Tabatchnick Fine Foods, a well-known quality re-seller with more than 100 years' experience in the food industry, has established relationships with public school systems nationwide and has been selling high-quality and nutritious food products through government Commodity Food Programs to public school lunch programs for more than eight years. Tabatchnick will distribute Bravo!'s Slammers(R) through a co-packaging agreement with Farmland Dairy of New Jersey.
Bravo! CEO Roy Warren said, "We are excited to introduce this latest formulation of Slammers nationwide. While we have been developing ways to sell our quality Slammers to schools for some time through a-la-carte and vending, a relationship with Tabatchnick allows Bravo! to introduce our high-quality milk drinks to hot lunch programs nationwide using an established vendor with the USDA, state commodity food programs and the School Nutrition Association in an immediate and cost-effective way."
Tabatchnick is introducing Bravo!'s specially packaged Slammers(R) at the School Nutrition Association Annual National Conference, July 17-20, 2005 in Baltimore, Maryland. This version of Bravo!'s popular Slammers(R) 100% milk drinks will be packaged in a Tetra Pak, an 8 oz. shelf stable box and meets USDA nutritional guidelines for school systems nationwide.
Bravo!'s most popular Slammers(R) milk drinks will be available for government school hot lunch programs in seven different formulations and five flavors, including lactose free and low fat white milk lines. Slammers(R) for schools are low fat, reduced sugar, and vitamin fortified and come in Chocolate, Strawberry, Vanilla, Orange Creme, and Banana as well as white milk.
Ben Tabatchnick, president of Tabatchnick Fine Foods, said, "Our goal has always been to provide healthy, nutritious food to school hot lunch programs nationwide that are branded, packaged, and formulated in ways that encourage kids to eat and drink nourishing foods."
Tabatchnick continued, "Bravo!'s unique Slammers(R) exceed our expectations, providing a nutritious alternative to traditional dairy products that have limited shelf-life and require extended refrigeration. We look forward to the successful introduction of Bravo!'s Slammers at the School Nutrition Association's annual conference."
Last season, Tabatchnick Fine Foods sold 200 truck loads, or 14 million units of its previous milk brand. The Company has already pre-sold three million units of the specially packaged Slammers(R), or about 43 truck loads.
About Bravo! Foods
Bravo! Foods International Corp. (OTC Bulletin Board: BRVO) develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 states, Mexico and nine Middle East countries. Bravo!'s products are available in the United States and internationally through production agreements with regional milk processors. Bravo!'s popular milk drinks currently are available under the brand name Slammers(R), and can be purchased in retail outlets throughout the country and in some international markets.
Bravo! Foods' Slammers(R) are now available at more than 30,000 stores nationwide, including such popular chains as: 7-Eleven, A&P, Associated Grocers, BI LO, Brunos, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly, Ralph's, Safeway, Sam's Club, Shaw's, Shop Rite, Speedway, SuperTarget, Unified, Waldbaums, Walgreens and White Rose.
For more information visit: http://www.bravobrands.com or http://www.otcfn.com/brvo .
Contact: Roy Warren, CEO Bravo! Foods, 561-625-1411 or James Dryer, Investor Relations, 561-837-8057 or
[email protected] .
Safe Harbor under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission
Doubled my position at 1.00. No fear. ;D
Had my first "Slammer" today vanilla, true it is sweet but has Splenda in it. Also has 12g
of protien. I can't see todays news being a bad thing. I'm still long. added again at 0.90
Hope we are not all crazy. Everyone makes a good point to hold and exit the postion!!
Good Luck to us all.
Hello! Been watching the board for a week now and have learned a lot! Bought BRVO on it's earlier rise a couple of weeks ago and have a good position at .99 now. Will continue to add on dips (if there are many) but I see all of the recent news with CCE and Bravos' own new distribution channels as the beginning of a serious (and hopefully very long) bull move on this stock. Bravos management has done excellent on their own but it's exciting to imagine the possibilities with CCE's already established world-wide distribution channels.
Good luck to all and thanks for the great site! 8)
Glenn
Another Drink co that has been hitting my screens today is SWTS.pk They make a meal replacement energy drink. It was part of Nestle at one time and may get into the momo of Hans (which is due to split) and the BRVO fever. They are looking to get off the pinks.
http://finance.yahoo.com/q?s=SWTS.PK
Nice chart snowcat, what is the market cap on SWTS.PK? (I can't find it on www.stockcharts.com)
Thanks !
On SWTS.pk - I could not find any recent info. I put in a call to their "investor relations" person. Here is the only info I can find from last year. I cannot even find a website for them for some reason.
http://bigcharts.marketwatch.com/news/articles.asp?guid={7076D8E1-D4AF-40F3-93F7-9F30E4D08394}&newsid=815519688&symb=SWTS&sid=1316698
visit ihub, you'll find some info!! I am waiting for their disclosures!
http://www.investorshub.com/boards/board.asp?board_id=4076
Added today on the dip. The news today I believe is more signs of good things to come.. The momentum could pick up in this holding quite quickly!!!!! Besides the CCE deal, management is continuing to execute in wonderful fashion....
My target is $5 by yearend with or without CCE....
Have a great day!!!!!!!!!
Trend has changed. I am in a hold status at this point. Company needs to one clarify in more detail the deal with CCE or two drop the deal completley. Just to many unknowns for the investment community. To bad.........
I am not buying on dips. I am in a wait and see mode!!!! I still see great potential for this company and do like the products...
We shall see!!!!!!!
The trend on this one has changed. No amount of PR will save it. As David said "BRVO will first see 0.6 then 2". I think the only way out may be if CCE does not buy BRVO dirt cheap.
<The trend on this one has changed.>
Be specific, please. Non-technical opinions are never as weighty as welll supported ones.
imho: I dont know the deal, you dont know the deal....so either get out or wait for details. I am fairly confident that any dealings with Coke will be good for the company long term. Short terms profits have been taken weeks ago (at least I did) that leaves me with free stock. What is your position, are you long or short? Fox.
technicals show it to be way oversold.. it was time for an upswing, and I am hopeful thats what it does. If not, well... we'll just buy back lower. :) Good luck all.
http://stockcharts.com/def/servlet/SC.web?c=BRVO,uu[m,a]daclyyay[da][pc20!h.02,.20!f][vc60][iUk14!Lc20]&pref=G
ok thanks for that, i'd lost that website and yahoo doesn't do a chart for brvo.
I have to admit, I don't really trust TA, for decision-making. i use a wealth of other criteria, plus instinct - not very technical, I know. Last time i relied on TA i bought amarin on it way down and lost a bundle. Not using TA, I bought it on its way up and made money. But my net was a significant loss. So, I am prejudiced, I suppose. Curious to know, is everyone here a TA follower? Like, would you make a buy or sell decision based solely or primarily on TA ? How do you use italics when posting, anyone? Fox.
Hello don, good questions :)
Let me try to provide some answers:
QuoteLast time i relied on TA i bought amarin on it way down and lost a bundle. Not using TA, I bought it on its way up and made money.
TA is not a science, it is an art. There is good and bad TA. Usually, the good TA is the one that follows trend, so you were probably managing your trades based on bad technical analysis.
QuoteCurious to know, is everyone here a TA follower?
No, we have a lot of fundamental traders in our Community too. I myself am a technical-fundamental trader, that is, I usually buy stocks with both technical and fundamentals pointing to higher prices in the near future. Technical analysis provides me the right timing and a safety net. Fundamental analysis usually gives me the profit potential.
If fundamentals are right and the market agrees with your fundamental analysis it will show up on charts. When this happens you have an edge in buying that particular stock, and it is having an edge and control of risk by means of money management and diversification that will make your wealth grow over the long term.
QuoteLike, would you make a buy or sell decision based solely or primarily on TA ?
Yes, I do that some times, but the most profitable trades happen when technicals work in tandem with fundamentals.
QuoteHow do you use italics when posting, anyone?
Just click on the symbol
I above when posting.
Thanks for your message :)
I thank you. Don.
Thank you! very useful info. One postscript question: some one somewhere said, the t/a show that this stock (BRVO) is going to 60cents.
Based on this limited info., would you know what kind of a chart would provide guidance like that? tia, Don.
When stocks go parabolic (a rally straight up, without any consolidating or pattern building), it's anybody's guess how far it will go, or how the rally will end.
How much rally is "too much" for a stock over a 2½ month period? Well, for BRVO, it wasn't "too much" until it rallied 955% over that period of time. You definitely don't won't to short stocks that go parabolic. You can get killed in a short squeeze.
Often, stocks that go parabolic like BRVO did experience what's called a "parabolic return." The stock returns to the price area at which it went parabolic. In the case of BRVO, that's down around $0.13.
Is there anyway that we can know whether or not BRVO is going to experience a parabolic return to $0.13? No. We can't KNOW that. But, we can look for chart patterns to emerge at the end of the parabolic, measure them, and see if a parabolic return is IN PLAY, meaning "the price that the chart pattern measurement is suggesting."
Here's what the recent Bear Flag pattern suggests. That doesn't mean that it's going to happen. It's just what's IN PLAY now, until we see more chart data that might suggest something different.
Melf,
Great explanation and chart.
Nice Work. Applaud.
Quote from: fill_the_gap on July 24, 2005, 10:37:03 PM
Melf,
Great explanation and chart.
Nice Work. Applaud.
I appreciate that. And, you cancelled out one of the smites my post drew. ;)
I hesitated to make that post, given the popularity of this stock, but smites don't bother me. If we don't try to give our best read on stocks, be that technical, fundamental, or both, 3 SOF will become the usual touting, cheerleading, "tell you what you want to hear" internet forum, rather than the quality forum that it is.
BRVO still is walking up the broken flag, finding resistance at the lower rail. It needs to get back inside the flag to turn from short-term bearish to neutral.
Melf Elf,
Great chart , great comments, great help, great community!!
Applaud!!!
QuoteDJ Coca-Cola Reports 52.23% Stake In Bravo Foods Intl BRVO Dow Jones
17:25 ET
DJ Coca-Cola Reports 52.23% Stake In Bravo Foods Intl ?
25 Jul 17:25
WASHINGTON (Dow Jones)--Coca-Cola Enterprises Inc. (CCE) on Monday reported
in a regulatory filing that it holds a 52.23% stake in Bravo! Foods
International Corp. (BRVO) through its purchase of stock options from Bravo!'s
shareholders.
On June 13, the Atlanta-based soft-drink company purchased the options to buy
about 68.99 million common shares or common stock equivalents in the form of
convertible securities and warrants from nine shareholders of Bravo!, according
to a Schedule 13D filed Monday with the Securities and Exchange Commission.
Coca-Cola Enterprises said the purchase is intended to be a first step in
acquiring slightly more than 50% of Bravo!'s common equity on a fully diluted
basis.
Coca-Cola said it is currently in negotiations over a definitive acquisition
agreement to buy all of the remaining equity securities of Bravo!.
Under the definitive acquisition agreement, Coca-Cola or its assignee would
be given the right, after Dec. 31, 2006, to effect a merger, and the remaining
shares of Bravo! would be converted into the right to receive cash, the filing
said.
As part of the transaction, Coca-Cola is also negotiating with the management
of Bravo! for master distribution rights for Bravo!'s products, and for the
purchase of common stock directly from Bravo!, the filing said.
The filing said the distribution agreement, the definitive acquisition
agreement and the merger agreement are being negotiated, and there is no
assurance that agreement will be reached.
Bravo! Foods produce and distributes branded, shelf-stable, flavored milk
products including Slammers Ultimate Milk and cross-promotional brands with
companies such as Masterfoods and Marvel Comics.
Shares of Bravo! closed Monday at 88 cents each.
-By Denise Jia, Dow Jones Newswires; 202-862-1359; [email protected]
(END) Dow Jones Newswires
07-25-05 1725ET
Copyright (c) 2005 Dow Jones & Company, Inc.
What's strange is that it doesn't mention a purchase price. Anyone have any idea how the market will react to this news from yesterday evening?
Early hours bid up to .93.....could be a great day for BRVO. :)
Melf Elf - you have a fine chart but no break of bear flag - there may be a bear flag forming now but not a very defined one. A bear flag happens in a downtrending stock and the "flag" soes up oftern in about a 45 degree angle but can of different degrees- anyway your chart has the last 3 candles that may be making a bear flag of sorts but I think not
Yes, Metro, I should have said Bear Channel.
UK news out. ;D
Bravo! Brands (UK) Ltd. Ships to J Sainsbury
PR Newswire - July 27, 2005 08:47
July 27, 2005 /PRNewswire via COMTEX/ --
- Slammers(R) Now Available in More Than 200 Sainsbury Stores -
NORTH PALM BEACH, Fla., July 27 /PRNewswire-FirstCall/ Bravo! Foods International Corp. (OTC Bulletin Board: BRVO), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavoured milks, announced today that Bravo! Brands (UK) Ltd, its wholly-owned United Kingdom subsidiary, has successfully launched its flavoured milk line in the United Kingdom with the shipment of three flavours of its popular Slammers(R) milk drinks to J Sainsbury, a leading UK retailer.
Drinks Brokers Ltd, Bravo's exclusive sales agent in the United Kingdom, has been retained to launch an all-out, heroic attack on the UK's flavoured milk sector with a great-tasting range of low-fat Slammers(R). Major UK retailer J Sainsbury has started the roll out Slammers(R) in 220 of its stores this month.
Bravo!'s innovative Slammers(R) in the UK comprise three delicious flavoured milk drinks fortified with vitamins. Slammers(R) are now available in Amazing Chocolate, Cosmic Strawberry and Xtreme Banana varieties. Packaged in 250ml Prisma packs that are perfect for school lunchboxes, Slammers(R) are healthy UHT vitamin-enriched low-fat flavoured milk drinks that have a nine- month shelf life and can be sold from the chiller or as an ambient product off the shelf. Retailers in the UK are offering Slammers(R) at around 59p.
"Slammers' international brand strategy is being well executed and has received positive feedback from retailers throughout the region. We are certainly encouraged with the acceptance of Slammers in the UK market and have worked hard in meeting local needs for a nutritious, great tasting flavored milk with our international brand," said Ibrahim Ashemimry, Chief Operating Officer, Bravo Brands International.
Slammers(R) already are established as an award-winning brand in the US, where the drinks are produced by Florida-based Bravo! Foods International Corp. The company has secured licensing rights from Marvel Enterprises(R) to package its products with its world-famous characters and has appointed Drinks Brokers Ltd to handle UK sales and marketing of Slammers(R).
"With only 1.7g fat per 100ml, Slammers are the natural choice for kids and mums while providing retailers with healthy sales and profit margins," said David Diggens, Director of Drink Brokers. "We really do have a 'marvellous' new product to offer the trade and the support packaging has been well received in the UK marketplace by retailers and consumers alike."
Slammers(R) will benefit from a strong advertising and promotional support campaign throughout the United Kingdom, including a major nationwide sampling programme, eye-catching point-of-sale material and in-store events.
About Sainsbury's Supermarkets
Sainsbury's Supermarkets is Britain's longest standing major food retailing chain. A large Sainsbury's supermarket offers around 30,000 products - 50 percent of which are Sainsbury's own brand including fresh produce. In addition to a wide range of quality food and grocery products, many stores offer delicatessen, meat and fish counters, complementary non-food products such as clothing and homeware, pharmacies, coffee shops, restaurants and petrol stations.
Sainsbury's serves over 14 million customers a week and at the end of the financial year we had 727 stores throughout the UK. For more information, visit: http://www.sainsbury.co.uk .
JUST FOR THE RECORD:
How good are securities analysts? Most are not very good. Today's New York Times has a piece today:
An Analyst Receives a Time Out From Altera
For the 25 years that Tad LaFountain has been a technology stock analyst on Wall Street, he has often written negatively about the strategies or prospects of the companies he followed. Not once did a company retaliate, he said.
Until now.
Mr. LaFountain, who follows 21 semiconductor companies at Wells Fargo Securities in New York, said yesterday that he was dropping coverage of the Altera Corporation, an industry giant, because its executives had told him they would not take his phone calls, would not let him ask questions on analyst conference calls and would no longer give him the information he needed to analyze its business.
Why the cold shoulder? According to Mr. LaFountain, the company objected to his negative opinion on Altera stock. Before he withdrew his coverage, Mr. LaFountain had a sell rating on Altera shares.
Writing his final report on the company yesterday, Mr. LaFountain said he expected to replace Altera in his list of companies with one "that takes a more appropriate view of the role of independent investment research."
Out of the 21 semiconductor companies Mr. LaFountain follows, he has buy ratings on seven, hold ratings on nine and sell ratings on five....
In dropping coverage on Altera, Mr. LaFountain forecast a price target of $14 for the stock. It closed yesterday at $22.45.
Yup. You got it. The stock is way above his target and lately rising.
I am double-posting here,Don. nevertheless:
Bravo! Brands (UK) Ltd. Ships to J Sainsbury
July 27, 2005, 8:47 am ET
Slammers® Now Available in More Than 200 Sainsbury Stores
NORTH PALM BEACH, Fla., July 27 /PRNewswire-FirstCall/ Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavoured milks, announced today that Bravo! Brands (UK) Ltd, its wholly-owned United Kingdom subsidiary, has successfully launched its flavoured milk line in the United Kingdom with the shipment of three flavours of its popular Slammers® milk drinks to J Sainsbury, a leading UK retailer.
Drinks Brokers Ltd, Bravo's exclusive sales agent in the United Kingdom, has been retained to launch an all-out, heroic attack on the UK's flavoured milk sector with a great-tasting range of low-fat Slammers®. Major UK retailer J Sainsbury has started the roll out Slammers® in 220 of its stores this month.
Bravo!'s innovative Slammers® in the UK comprise three delicious flavoured milk drinks fortified with vitamins. Slammers® are now available in Amazing Chocolate, Cosmic Strawberry and Xtreme Banana varieties. Packaged in 250ml Prisma packs that are perfect for school lunchboxes, Slammers® are healthy UHT vitamin-enriched low-fat flavoured milk drinks that have a nine- month shelf life and can be sold from the chiller or as an ambient product off the shelf. Retailers in the UK are offering Slammers® at around 59p.
"Slammers' international brand strategy is being well executed and has received positive feedback from retailers throughout the region. We are certainly encouraged with the acceptance of Slammers in the UK market and have worked hard in meeting local needs for a nutritious, great tasting flavored milk with our international brand," said Ibrahim Ashemimry, Chief Operating Officer, Bravo Brands International.
Slammers® already are established as an award-winning brand in the US, where the drinks are produced by Florida-based Bravo! Foods International Corp. The company has secured licensing rights from Marvel Enterprises® to package its products with its world-famous characters and has appointed Drinks Brokers Ltd to handle UK sales and marketing of Slammers®.
"With only 1.7g fat per 100ml, Slammers are the natural choice for kids and mums while providing retailers with healthy sales and profit margins," said David Diggens, Director of Drink Brokers. "We really do have a 'marvellous' new product to offer the trade and the support packaging has been well received in the UK marketplace by retailers and consumers alike."
Slammers® will benefit from a strong advertising and promotional support campaign throughout the United Kingdom, including a major nationwide sampling programme, eye-catching point-of-sale material and in-store events.
About Sainsbury's Supermarkets
Sainsbury's Supermarkets is Britain's longest standing major food retailing chain. A large Sainsbury's supermarket offers around 30,000 products - 50 percent of which are Sainsbury's own brand including fresh produce. In addition to a wide range of quality food and grocery products, many stores offer delicatessen, meat and fish counters, complementary non-food products such as clothing and homeware, pharmacies, coffee shops, restaurants and petrol stations.
Sainsbury's serves over 14 million customers a week and at the end of the financial year we had 727 stores throughout the UK. For more information, visit: http://www.sainsbury.co.uk.
duplicating eagerlearner's post; sorry about that, not sure what happened.
Melf Elf, thanks for your post, very instructive for me, a learner. How do I get to see the chart everyone is complimenting you on? It doesn't show on my screen. Again, I am a newby, so patience, please.
On the most recent Coke post, what are the SEC or legal rules? How can Coke say they are negotiating with the company to purchase the remainder of the shares and then merge. I understand that you cannot force a merger unless you hold in excess of 90% of the company. All of the insiders shares, oprtions and convertible debt only adds up to +/- 55% Don.
Quote from: don on July 28, 2005, 11:35:30 AM
duplicating eagerlearner's post; sorry about that, not sure what happened.
Once you make your post, in the upper right hand corner, you'll see three buttons that say Quote, Modify and Delete. If you click on the Delete button, you're duplicate of eagerlearner's post will disappear. You can go back and do that at any time, if you want to.
If you read your post and see that you've made a mistake, or that there's something that you want to change, click on the Modify button. Your post will reappear, you can make the changes, then click on Save at the bottom. Then your corrected post will appear.
QuoteMelf Elf, thanks for your post, very instructive for me, a learner.
You're welcome. We're all learning.
Quote How do I get to see the chart everyone is complimenting you on? It doesn't show on my screen.
I have no idea ??? I posted two charts on this page. I'll post another one now. Hopefully, you'll be able to see it. If you can't see it, I'm going to slap you upside the head, then maybe that will help you to see it. :o
QuoteAgain, I am a newby, so patience, please.
Oh-h-h...well, why didn't you say so? Okay, then, I won't slap you upside the head. ;D :D ;)
Seriously, we're all newbies at some point in time. Welcome to 3SOF. There's lots of good stuff here to help you learn. I wish you the best of luck with all of your trades.
Here's the chart. Let us know if you can't see, then maybe someone else can figure out why not.
HOW COME BRVO CLOCED @ 1.10 ???
I WANNA BUY BUY BUY @ .60 !!! NEXT MONDAY!!!
SLAMMERS SHIPPED TO CHINA ALREADY!!!
I ALSO WANNA BUY BUY BUY GOOG @ 80.00!!! NEXT MONDAY!!!
What?
The market has spoken.
We will see $5.00 before .60
BRVO 5 DAY FORCAST(AUG.1ST TO AUG 5TH )
1.20 MON
1.42 TUE
1.65 WED
1.93 THUR
2.39 FRI
QuoteSLAMMERS SHIPPED TO CHINA ALREADY!!!
please , no pumping here. dont tell obvious lies like this. go to yahoo or rb for that if u want.
we love love this community here and we try our best to keep it intact.
Long and Strong Brvo!
Have a great weekend folks! ;)
I agree eagerlearer. Guys , Please give your analysis, recommendation and a reason behind it. Please read the forum rules b4 posting also. Thanks fella's
GOT SUGARY MILK? WASHINGTON POST 07/30/05
STOCKTA.COM
STOCK100.COM
AMERICANBULLS.COM
RAGINGBULL.COM
BIGCHARTS.COM
CANDLESTICKER.COM
GLOBALPENNYSTOCKS.COM
INVESTORSHUB.COM
Quote from: jj86 on July 30, 2005, 02:09:50 AM
BRVO 5 DAY FORCAST(AUG.1ST TO AUG 5TH )
1.20 MON
1.42 TUE
1.65 WED
1.93 THUR
2.39 FRI
Be careful with the "Yahoo board" like posts, which look like pumping. You'll find this board to be quite different, with folks looking for more (i.e. charts, real news, etc) to support a position. We can hope the above, but there isn't necessarily any reason for it to double in the next 5 days.
gee i hope this doesn't turn into a yahoo board with the kind of hopefull prediction of the previous poster jj86.
everything seemed so much calmer over here with plenty of dd and good charts and polite traders helping eachother to make money.
thanks for all the great posts guys .
maxi
Okay! I got it - the chart, of course it is now out of date. Unfortunately, it spooked me so I sold on Thursday at 94. Hey its only money. Don.
BUYING IS EASY BUT HOLDING IS HARD
THE WINNER IS WHO HOLDS THEM TIGHT!
HISTORY TOLD US THAT ABOUT 30% MILLIONAIRES WHO BOUGHT STOCKS THAT THEY
WOULD HOLD THEM FOR AT LEAST 2 TO 5 YEARS. BRVO IS ONE OF THE STOCKS THAT
WORTH HOLDING, ESPECIALLY WHEN CCE INVOLVED THE BUSINESS.
DAYTRADE AND INVESTMENT ARE COMPLETE DIFFERENT CONCEPT.
I WAS IN BRVO @.93 AND @ 1.20 , NO MATTER WHAT HAPPENS
NOTHING BOTHERS ME AT ALL!
NO PANIC ON BRVO!
Quote from: jj86 on July 31, 2005, 03:43:14 AM
BUYING IS EASY BUT HOLDING IS HARD
THE WINNER IS WHO HOLDS THEM TIGHT!
HISTORY TOLD US THAT ABOUT 30% MILLIONAIRES WHO BOUGHT STOCKS THAT THEY
WOULD HOLD THEM FOR AT LEAST 2 TO 5 YEARS. BRAVO IS ONE OF THE STOCKS THAT
WORTH HOLDING, ESPECIALLY WHEN CCE INVOLVED THE BUSINESS.
DAYTRADE AND INVESTMENT ARE COMPLETE DIFFERENT CONCEPT.
I WAS IN BRAVO @.93 AND @ 1.20 , NO MATTER WHAT HAPPENS
NOTHING BOTHERS ME AT ALL!
NO PANIC ON BRAVO!
Dear jji86....please turn your volume down, you are disturbing the peace in here...you seem to have lost your way, probably on the wrong board, and just do not realize it yet....try Yahoo.com/messageboards/pumpers.....Good trading
Bravo! Foods Launches Comprehensive B2B and B2C WebsiteMonday August 1, 9:28 am ET
NORTH PALM BEACH, Fla., Aug. 1 /PRNewswire-FirstCall/ -- Bravo! Foods International (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin-fortified, flavored milks, announced today that it has launched a comprehensive new consumer and business Internet website at: http://www.bravobrands.com .
Bravo!'s new B2B and B2C website features new images and current information on the Company's newest Slammers® fortified milk drink flavors, as well as up-to-date company information and a complete FAQ page.
Bravo! CEO Roy Warren said, "As Slammers become more popular nationwide and abroad, it is important that our website provide consumers, investors and business partners with the very latest information on our growing product lines and business development strategies."
Warren continued, "We are excited to introduce this new website that not only harnesses the popular 'look and feel' of our products, but provides partners, consumers, and investors with a view into the culture, strategy, and objectives of Bravo! and our Slammers brand."
Bravo!'s Slammers® are nutritious, single-serve, fortified milk drinks available in 14oz. extended shelf life bottles that can be stored without refrigeration for up to six months. This unique extended shelf life and ambient temperature storage capability is due to a combination of unique processing and packaging, accomplished without compromising taste and providing substantial savings over limited shelf life dairy alternatives that require refrigerated distribution and storage.
About Bravo! Foods
Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News) develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 states, Mexico and the Middle East. The Company's popular dairy products are available in the United States and internationally through production agreements with regional milk processors. Bravo! drinks are currently available under the brand name Slammers®, and can be purchased in retail outlets throughout the country and in some international markets.
Many of Bravo! Foods' Slammers® line of fortified, single-serve flavored milk drinks are co-branded through exclusive partnerships with Mars Incorporated(TM), Marvel Enterprises(TM) and MD Enterprises(TM) (Moon Pie®), providing superior name recognition packaged with quality, great-tasting drinks.
Slammers® are now available at more than 30,000 stores nationwide, including such popular chains as: 7-Eleven, A&P, Associated Grocers, BI LO, Brunos, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly, Ralph's, Safeway, Sam's Club, Shaw's, Shop Rite, Speedway, SuperTarget, Unified, Waldbaums, Walgreens and White Rose.
For more information, visit: http://www.bravobrands.com or http://www.otcfn.com/brvo .
Contact: Roy Warren, CEO, Bravo! Foods, 561-625-1411; or James Dryer, Investor Relations, 561-837-8057 or
[email protected] .
Safe Harbor under the Private Securities Litigation Reform Act of 1995: The statements that are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission.
--------------------------------------------------------------------------------
Source: Bravo! Foods International Corp.
NICE JOB BRVO ! WE HAD 1.20 PENETRATION TODAY. >:D ???
TOMORROW CLOSE @1.39 ???
Quote from: jj86 on August 01, 2005, 04:19:03 PM
NICE JOB BRVO ! WE HAD 1.20 PENETRATION TODAY. >:D ???
TOMORROW CLOSE @1.39 ???
'twould be just grand of you to support that proposition. ::)Got this off 2 news sources (jamie +) Source: Washington Post
Sugary Milk Still Does a Body Good
It At Least Beats Soda, Some Nutritionists Say
By Caroline E. Mayer
Washington Post Staff Writer
Saturday, July 30, 2005; Page D01
Milk, the new soft drink.
Flavored, sugared, even carbonated, the dairy drink is being dressed up to make it the cool, more healthful alternative to sugary sodas.
The newcomers in the dairy aisle include Cookies & Cream, Milky Way, 3 Musketeer, Bubble Blast, Starburst, Orange Sparkle and MooBerry. And Nesquik is selling "milkshakes" in vanilla caramel and "s'mores."
For kids who hate milk, the discovery of the newfangled flavors can be a real mouth-opener. "I never would have thought you could have 50 different flavors of milk; I thought it would be the same flavor forever," said Kevin Wilson, 12, who lives in Woodbridge. Kevin has a glass of milk about once every five days; his 10-year-old brother, Kenton, never drinks it, not even the cartons of chocolate milk that come with his school lunch. "I give them away," Kenton said. Both Kevin and Kenton found several of the new flavored versions to their liking.
So did their friend Tyler Mukri, 8, also milk-averse, a discovery that pleased his mother. "Hey, I'd give him any milk he likes," said Sonja Mukri.
That's one of the reasons the beverage industry is jumping on the milk train. Earlier this month, Coca-Cola Enterprises Inc., the bottling arm of the soft-drink giant, announced it had acquired options to buy a majority stake in Bravo Foods International Corp. Bravo is the flavored-milk producer that has teamed up with Mars Inc. to turn its best-selling chocolate bars into liquid candy, so to speak. Coke already sells a flavored-milk drink, Swerve, but it is in limited distribution and only in schools.
Next month, Coke's chief rival, PepsiCo Inc., will begin rolling out Quaker Milk Chillers in the Northeast and mid-Atlantic region, including the Washington area. The product -- 14-ounce bottles of chocolate, strawberry and vanilla milk -- is targeted at 13- to 24-year-olds for snacks and breakfast. They are the largest segment of flavored-milk drinkers.
"By making milk more indulgent, it will certainly be more appealing to kids," said Laurie Klein, vice president of Just Kid Inc., a Connecticut market research company that develops new product concepts and advises food companies on product lines. The push to sell flavored milk comes during growing concerns about obesity and unhealthy eating, particularly in the case of children, where the incidence of obesity has more than doubled since 1970. For the past two years, health officials have been pressing schools to replace soft drinks sold in vending machines with more healthful options, such as water, fruit juice and milk.
Many nutritionists say flavored milk is a good alternative to soda, even if it contains more sugar than regular white milk. An eight-ounce glass of milk contains about 12 grams of sugar; flavored milk drinks can have 15 to 31 grams. Rachel Brandeis, a registered dietician who lives in Atlanta and serves as a spokeswoman for the American Dietetic Association, said she often recommends flavored milk, "especially to moms who can't get their kids to drink milk. . . . Soda doesn't give you any type of added value, only excess calories. Milk, even if flavored, is a good source of calcium, vitamin D and protein."
But some nutritionists are concerned about the high sugar and saturated fat content in some of the flavored varieties, especially since many come in 14- and 16-ounce bottles and are likely to be consumed in one sitting. Nesquik's 16-ounce reduced-fat drink has one of the highest sugar contents. A teen who polishes off the whole drink would get 320 calories and 60 grams of sugar, compared with 250 calories and 67 grams of sugar in a 20-ounce bottle of several popular non-diet sodas. But the strawberry drink also provides about 80 percent of the government's suggested daily calcium requirement. "We like to look at things holistically," said Joanne Crawford, a Nesquik spokeswoman. The drink "may have almost as much sugar as soda, but look at all of its other nutritional benefits."
Nesquik's 16-ounce strawberry drink, made with 2 percent milk, also contains 6 grams of saturated fat. "One of the few redeeming characteristics of soda is that it doesn't contain saturated fat," said Margo G. Wootan, director of nutrition policy for the Center for Science in the Public Interest, an activist nonprofit group that has fought against the sale of soda and chips in schools and called for restrictions on kid-targeted food advertising.
In 2003, the average American drank 35.3 gallons of non-diet soft drinks, according to the U.S. Department of Agriculture, compared with 21.6 gallons of milk. Sales of plain white milk -- whole, reduced-fat and skim -- have been dropping since 1945, USDA figures show. Then, the average American drank 40.4 gallons a year, compared with only four-fifths of a gallon of flavored milk.
Since then, white milk consumption has dropped by more than half, to19.7 gallons per capita in 2003. While that still vastly outweighs flavored-milk consumption of 1.67 gallons per capita, flavored-milk consumption has been steadily increasing since 1990.
According to Bravo chief executive Roy G. Warren, the flavored-milk industry has grown from about $750 million in 1995 to $2 billion in 2004. His own company had $3.3 million in revenue last year. This year, he said, he expects sales to be at least $13 million. If Coke exercises its options and buys a majority stake in his company, sales would increase to well over $20 million, he said.
Warren attributes the growing sales of flavored milk to the advent of single-serve, resealable plastic bottles, which not only make milk more convenient for consumers, but are also easier for distributors to ship. The bottles have extended the product's shelf life, and some types allow the product to be transported in non-refrigerated trucks before the milk is chilled in the dairy aisle.
Yet flavored milk is not a guaranteed success.
Cadbury Schweppes Americas Beverages, the maker of Dr Pepper and 7 UP, rolled out five flavors of Raging Cow in early 2003, only to stop making it a year later. Greg Artkop, a company spokesman, said that while the drink was "met favorably by consumers, the company opted to go in a different direction."
Meanwhile, Coke spokesman Ray Crockett said Swerve "has not met our expectations." Two of its flavors -- "vanana" and "blooo"-- have been discontinued; chocolate is still for sale.
Similarly, sales of 80 'N Sunny, an 80-calorie milk and fruit juice blend made by Dean Foods Co., are not doing as well as the company had hoped, said Dave Haley, director of marketing for the Midwest.
However, Haley said, the company made a surprising discovery in its push to sell the drink to kids. "We thought it was for 6- to 14-year-olds, but we're finding moms like it."
Despite these struggles, John Sicher, editor of Beverage Digest, said he expects flavored-milk sales to grow as consumers become acquainted with the product. "Consumers are accustomed to drinking chilled milk from a carton," Sicher said. "That will change slowly, as the beverage companies make consumers understand what these new products are."
Editorial assistant Terri Sapienza contributed to this story.
________________________________________
Source: Washington Post
Quote from: jj86 on August 01, 2005, 04:19:03 PM
NICE JOB BRVO ! WE HAD 1.20 PENETRATION TODAY. >:D ???
TOMORROW CLOSE @1.39 ???
Can't we have an ignore boton for this kind of member??? :'(
I don't post because there are many people serious people here that know
what they are talking about and thank them for giving me the possibility to learn
and make some money. That's the reason why I quit reading yahoo messages
and suggest that I may have the right to ignore all future messages of persons
that are out of the current guidelines and/or have diufficulties to stick to the rules
all others have accepted.
This is the best site I know about stocks and would like to continue to have the
pleasure to read David, Frederick and many other interesting posts
Thanks
jorgegr
what do u think will happen tomorrow?
DJ Coca-Cola Enterp Agrees To Buy 81M Bravo Cmn Shrs >BRVO
WASHINGTON (Dow Jones)--Bravo! Foods International Corp. (BRVO) and Coca-Cola Enterprises Inc. (CCE) entered into a letter of intent last Friday, under which Coca-Cola Enterprises would purchase about 81 million Bravo shares from the company for slightly more than
16 cents [/font] a share per share.
The purchase, together with the shares that could be acquired upon exercise of options Coca-Cola Enterprises previously bought from certain Bravo's shareholders, would give the Atlanta-based soft-drink company ownership of about 50.01% of Bravo's outstanding common stock, according to a regulatory filing Wednesday with the Securities and Exchange Commission.
On July 13, Coca-Cola Enterprises purchased the options to buy about 68.99 million common shares at net exercise price of 36 cents a share, representing about 23% of the authorized shares of Bravo's common stock, Wednesday's filing said.
Bravo will also enter into a master distribution agreement with Coca-Cola Enterprises, granting Coca-Cola distribution rights for Bravo's products, the filing said.
Shares of Bravo closed on Wednesday at $1.15 on the over-the-counter bulletin board.
Bravo! Foods produces and distributes branded, shelf-stable, flavored milk products including Slammers Ultimate Milk and cross-promotional brands with companies such as Masterfoods and Marvel Comics.
-By Denise Jia, Dow Jones Newswires; 202-862-1359;
[email protected]
brvo today's news not new at all. the July 14th and June 28th are all the history.
we buy brvo not for today but for the future. brvo close @ 1.18
Maybe someone can shed some light on why the company and stockholders would give up millions of $ for this. The only thing I can think of is that they must believe it will be worth it in the long run.
Bravo! Foods and Coca-Cola Enterprises Sign Letter of IntentThursday August 4, 12:21 pm ET
-Parties Move Forward with Negotiations for Master Distribution Agreement and Direct Purchase of Additional Shares-
NORTH PALM BEACH, Fla., Aug. 4 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milks, announced today that it has signed a letter of intent to negotiate a master distribution agreement and a direct purchase stock agreement with Coca-Cola Enterprises.
ADVERTISEMENT
[Blocked Ads]
The Letter of Intent with Coca-Cola Enterprises, Inc. (CCE) confirmed both parties' intention to move forward with further negotiations for the execution of a Master Distribution Agreement between the Company and Coca-Cola Enterprises, and for continued negotiations to enter into a stock purchase agreement pursuant to which Coca-Cola Enterprises would purchase from the Company approximately 81,030,000 million shares of the Company's common stock for $0.16245 per share.
Bravo! CEO Roy Warren said, "A distribution and purchase agreement with one of the largest distributors in the country is a giant leap forward for Bravo! as we continue our momentum in retail outlets across the county and abroad. We look forward to a mutually beneficial relationship with CCE and substantial growth of Slammers® worldwide as a result."
The Master Distribution Agreement with CCE would grant exclusive distribution rights to Coca-Cola Enterprises throughout North America and other territories in which CCE is licensed to bottle products of The Coca-Cola Company, for all existing and future Bravo! Foods products during the term of the Distribution Agreement.
The Letter of Intent also confirmed that, with the direct purchase of common stock from the Company by Coca-Cola Enterprises, together with shares of common stock purchasable upon the exercise of Options to acquire a total of 68,990,244 shares of the Company's common stock purchased by Coca-Cola at $0.36 per share from nine different non-affiliated investors, Coca-Cola Enterprises will hold slightly in excess of 50% of the Company's equity on a fully diluted basis. If consummated, the controlling interest would be purchased by Coca- Cola Enterprises for an average price per share of approximately $0.25.
About Bravo! Foods
Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News) develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 states, Mexico and the Middle East. The Company's popular dairy products are available in the United States and internationally through production agreements with regional milk processors. Bravo! drinks are currently available under the brand name Slammers®, and can be purchased in retail outlets throughout the country and in some international markets.
Many of Bravo! Foods' Slammers® line of fortified, single-serve flavored milk drinks are co-branded through exclusive partnerships with Mars Incorporated(TM), Marvel Enterprises(TM) and MD Enterprises(TM) (Moon Pie®), providing superior name recognition packaged with quality, great tasting drinks.
Slammers® are now available at more than 30,000 stores nationwide, including such popular chains as: 7-Eleven, A&P, Associated Grocers, BI LO, Brunos, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly, Ralph's, Safeway, Sam's Club, Shaw's, Shop Rite, Speedway, SuperTarget, Unified, Waldbaums, Walgreens and White Rose.
For more information, visit: http://www.bravobrands.com or http://www.otcfn.com/brvo .
Contact: Roy Warren, CEO Bravo! Foods, 561-625-1411 or James Dryer, Investor Relations, 561-837-8057 or
[email protected] .
Safe Harbor under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission.
--------------------------------------------------------------------------------
Source: Bravo! Foods International Corp.
SHAKEOUT FAKEOUT AND BREAKOUT!
U NEVER SEE BRVO UNDER BUCK AGAIN!
It seems my analysis of the deal between CCE and BRVO was right, CCE indeed bought 81 million shares from BRVO @ $0.16 a share.
Off course, this deal adds value to the company, so don't expect to buy as low as CCE did. Not even double what CCE payed. But quadruple what CCE payed seems reasonable.
I believe BRVO will trade @$0.60 - $0.64 before $2. Watch out for the H&S top formation on the chart.
I hope I'm wrong, since I have no interest on this coming down, but this is the analysis I have to share.
(I will pay more attention to the threads of stocks I've sold from now on)
It seems my analysis of the deal between CCE and BRVO was right, CCE indeed bought 81 million shares from BRVO @ $0.16 a share.
Off course, this deal adds value to the company, so don't expect to buy as low as CCE did. Not even double what CCE payed. But quadruple what CCE payed seems reasonable.
David:
1. great effort. I dsagree - and I need time to formulate a rebuttal. Here in Thailand its time for dinner, so it will be after todays market closes. I will post over the weekend.
2. Do you have an ignore, for idiots such as jj86? That little bunt cost me money with his idiot post which I was stupid enough to react to - fear is a primieval force to recon with!
Now he is pumping. If I can't have an ignore button, altho' you have the bestest site, Im gone.
Don.
jj86 was just banned from our website.
This is a T2T community... not the jungle ;)
Reasons for being banned:
. Pump attitude
. Writing a lot of posts with caps lock
. 38 community smites
This is not a «shout» board, this is a discussion board...
Correct me if I'm wrong, but doesn't CCE purchase of shares effectively act like BRVO mgmt repurchasing and retiring that many shares without using their own capital?
The net result is less shares in float and the remaining shares worth more unless CCE decides to dump shares and lose its controlling interest.
No dalrich, the company will issue more shares, so the number of shares outstanding will grow so the market cap grows a lot too just from this operation.
This is why I considered the stock has less potential now, not such a small company, though the market price is essentially the same.
But I'm bullish long term on BRVO, just think over the coming months the stock won't move much, and there's the risk it falls down to $0.60 in my opinion.
Good luck !
There is a price to pay for Coke's marketing muscle. But it is a steep price.
I guess Bravo does the math like this:
.16/shr + Coke marketing and Distribution = Big $$$$$$$$$$$$$
But - shares are diluted - and now they have to sell a bunch more Slammers to show a big profit.
Look for: "NEW Slammers", "Slammers with Lime", and "Slammer Zero"
Turning my sights to SWTS.pk for the moment.
1. RE; jj86
always sorry to lose any active mind; , but not an unfocussed and somewhat destructive mind.
2. my very brief response to what has been posted to this time (11. 07pm at Bangkok):
1. I think you have to assess just where BRAVO is, in terms of its financial position.
It had issued 'junk' financing, or what is often referred to as 'bottomless financing', earlier this year. This financing, at that time,. appeared to me to be acceptable, in that it bought the company time. I looked at the balance sheet. I believe that any amateur financial analysts would have realized that, regardless of the product pipeline which this company had, BRVO was illiquid, insolvent, bankrupt. When you get to this stage and your auditors say so, You are very close to flat line (ie dead). Without that infusion of cash, imho, the company would have not survived.
2. Now, in a stroke, the company has gotten rid of this kiss-of-death style of financing and - it has acquired a huge partner.
I believe that the financial risk of financial dealt by a spiraling price drop and a corresponding new stock overhang has been eliminated. It has been replaced by an entirely separate and distinctive risk.
The one where Coke determines to force a merger at a price per share which it decides to pay.
I am convinced that this pps, to a Coke buyout, is worth considerably more than 60 cents - if only for the consideration that, were Coke to arm wrestle us minority shareholders in to accepting 60 cents, the loss of goodwill would be worth more.
2. In order to assess just where my investment objectives are going, I need to ascertain:
(a) what % Coke would need to hold, in order to force a merger with us 'outsider' shareholders?
(b) . I also need to check the Bylaws or company rules governing - what % of the shares would be needed for Bravo to issue sufficient shares to Coke out of treasury, so that Coke had the % at (a) ? Don.
Don,
The 81M shares that Coke will be purchasing from BRVO will come out of BRVO's treasury. I believe at the end of the deal there will be 50-55M shares in treasury (as 15M warrants will be converted by CCE and there will remain 50M (65-15) warrants).
Take a look at this link:
http://www.investorshub.com/boards/read_msg.asp?message_id=7205685
But I think what David is saying, is that market forces will bring down BRVO's shares to 60cents before it starts moving back to $2. It is quite possible that MMs may induce a sell off or for that matter of fact naked shorting could continue inducing a sell off. BRVO is right now on Reg Sho list.
By the by your analysis of BRVO's liquidity crisis was right on the nail! If CCE did not show up, sooner or later it would have had to increase it's A/S!
starfire
Quote from: starfire on August 05, 2005, 01:02:29 PM
It is quite possible that MMs may induce a sell off or for that matter of fact naked shorting could continue inducing a sell off. BRVO is right now on Reg Sho list.starfire
I would certainly caution anyone from buying, who cannot hold thru' some rough waters. What i am trying to determine, is, I have my core investment. 50% of it is about 4 years old!
I want to trade . But I am exceedingly wary of how markets can be manipulated. What does anyone think of the 'Dallas' theory? IE Coke hiring MM's to pull the price down, so they can pick up that elusive %.
BTW, I do not know how to access the Bylaws of this company. Does anyone? It would be instructrive to know (I am repeating myself)
(a) what % Coke would need to hold, in order to force a merger with us 'outsider' shareholders?
(b) . I also need to check the Bylaws or company rules governing - what % of the shares would be needed for Bravo to issue sufficient shares to Coke out of treasury, so that Coke had the % at (a) ? I do believe that this is as much a strategy game as anything. If I were advising Coke, I would say, figure out the cheapest way to get to the desired %which will give you voting control oner the issue of new shares and dilute the float so that you control it. Don.
Quote from: don on August 05, 2005, 11:49:48 PM
If I were advising Coke, I would say, figure out the cheapest way to get to the desired %which will give you voting control oner the issue of new shares and dilute the float so that you control it.
Let me rephrase that: 'find out the cheapest way to get to the % (I think it is 90%) that allows you to push through a compulsory buy out".
Is there a
standard compulsory buyout % in US corporate law? Don.
I was in Sams Club in Indianapolis last night and saw a stack that was 1/3 gone of Milky Way Slammers. I don't see any agreeent with Wal Mart anywhere. Someone educate me. If they are in all Wal Marts and Sams club, the only questions needed for me are the following: would this fact likely grow the business more than quadruple, which is the premium we are paying verses Coke. Could Bravo have pulled this off without Coke? I am not saying they are in all Sams Clubs and Wal Marts yet, but if they are and it is due to Coke, you would have to believe Bravo could have got their quickly by themselves and efficiently to believe that this it too high of a price. I am not sure they could have pulled it off. My prediction is that if it drops to 80 cents, you will take a position again David. Perhaps it never gets there, making my prediction a moot point, but if it gets to 80c and you are not in it, I will be surpirsed and gladly eat crow.
Press Release
Source: Bravo! Foods International Corp.
Bravo! Foods Adds 3,000+ New Convenience Stores Nationwide
Monday August 8, 10:01 am ET
Slammers(R) Shipped to 22 New Chains
NORTH PALM BEACH, Fla., Aug. 8 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milks, is pleased to report significant progress in key convenience store retailers nationwide.
With growing success, Bravo! recently shipped its popular Slammers® flavored milk drinks to 22 convenience store/petroleum chains, representing 3,333 locations in more than 13 states, including California, Texas and New York.
Bravo! CEO Roy Warren said, "While sales have been healthy in the past few months among grocers, we are particularly excited about recent achievements in the convenience store sector, where brand awareness is growing and re-orders are encouraging new customer acceptance."
Warren continued, "Our single-serve milk drinks are perfectly matched to the convenience store market, not only due to their great flavor, brand appeal and nutrition, but also because they can be distributed by any of a number of distribution systems."
Recent additions to nationwide convenience store retailers that are now offering Slammers® flavored milk drinks include: BP (AM/PM), ChevronTexaco, Circle K, FasTrip, Fastrac, Food Fast, G&M Oil Co., Gas America, Getty Mart, Irving Oil Corp, Island Foods, Kabrellos, Krause Gentle Corp., Maverik Country St., Pico, Pilot, Spynx Stores, Tower Energy, Twin Cities Avanti (Oasis Markets), USA Petroleum and Winner's Corner.
Bravo!'s popular Slammers® milk drinks come in 14 oz. shelf-stable bottles that can be stored without refrigeration for up to six months. The long shelf life and ambient storage capability is due to a combination of unique processing and packaging, accomplished without compromising taste. Retailers nationwide are offered a variety of great-tasting, single-serve Slammers® flavors for sale in the refrigerated dairy section.
About Bravo! Foods
Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News) develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 states, Mexico and various Middle East countries. Bravo!'s products are available in the United States and internationally through production agreements with regional aseptic milk processors. The Company's popular milk drinks are currently sold under the brand name Slammers® and can be purchased in retail outlets throughout the country and in some international markets.
Bravo! Foods' Slammers® are now available at more than 30,000 stores nationwide, including such popular chains as: 7-Eleven, A&P, Associated Grocers, BI LO, Brunos, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly, Ralph's, Safeway, Sam's Club, Shaw's, Shop Rite, Speedway, SuperTarget, Unified, Waldbaums, Walgreens and White Rose.
For more information visit: http://www.bravobrands.com or http://www.otcfn.com/brvo .
Contact: Roy Warren, CEO Bravo! Foods, 561-625-1411 or James Dryer, Investor Relations, 561-837-8057 or
[email protected] .
Im getting dizzy! How can we combine the 2 active BRVO threads at 3SOF?
David? Don.
Notice: BRVO CC is 4PM the 15th, Mon.
http://www.vcall.com/calendar/CalendarView.asp?day=10&month=8&year=2005&ibn=&type=Month
:) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( >:D
Bravo! Foods International Reports Record Second Quarter Results
(http://biz.yahoo.com/prnews/050815/flm017.html?.v=17")
too bad the stock tanked. i guess the EPS year over year was the same (2 cent loss)
Quote from: oicpecnoc on August 06, 2005, 12:19:27 PM
I was in Sams Club in Indianapolis last night and saw a stack that was 1/3 gone of Milky Way Slammers. I don't see any agreeent with Wal Mart anywhere. Someone educate me. If they are in all Wal Marts and Sams club, the only questions needed for me are the following: would this fact likely grow the business more than quadruple, which is the premium we are paying verses Coke. Could Bravo have pulled this off without Coke? I am not saying they are in all Sams Clubs and Wal Marts yet, but if they are and it is due to Coke, you would have to believe Bravo could have got their quickly by themselves and efficiently to believe that this it too high of a price. I am not sure they could have pulled it off. My prediction is that if it drops to 80 cents, you will take a position again David. Perhaps it never gets there, making my prediction a moot point, but if it gets to 80c and you are not in it, I will be surprised and gladly eat crow.
Lol, start eating oicpecnoc :P
I'm sorry, but I'm not buying BRVO.OB yet. Altough I don't believe in the technical target of the H&S formation on the chart (which is $0.20), I'm still convinced we'll see $0.60-$0.64, the 61.8% Fibonacci retracement level in the near term. I guess the stock will make a prolonged accumulation phase at that area and then, only then, will restart its long term ascending trend.
Though I wish good luck to all those holding, BRVO seems to be a good long term investment.
Hey David,
Pass the mustard please. ;D
"...................... the H&S formation on the chart (which is $0.20), I'm still convinced we'll see $0.60-$0.64, the 61.8% Fibonacci retracement level in the near term. I guess the stock will make a prolonged accumulation phase at that area and then, only then, will restart its long term ascending trend.
Though I wish good luck to all those holding, BRVO seems to be a good long term investment.
"
David,
If it does drop to 60 cents, my donation check will be in the mail.
Starfire
Well Well,
Interesting news out today after the bell. CCE will not take majority control, now only seeks 10%. MDA still expected by CCE.
I think this is a positive for BRVO. I wonder if BRVO said something like if you want control pay up - 16 cents a share don't cut it. At least I hope that's what happened. Go Roy Warren. Take care of the shareholders.
David, what's your take?
This makes me happy - I'm in the camp that believes Bravo! can make it on it's own. While using CCE's distribution power would be a benifit to the company, they certainly don't need to hand over the reigns at such a low price.
We will have to let the market decide on it's own though....
I would be surprised if this thing doesn't jump with this news tomorrow. Good luck to all longs, I got out at around the $1 mark and have been watchng ever since. Definitely think this might be the catalyst to get it jumpin again.
Will wait to see what David and the market have to say! ;)
Why do I have this sneaking suspicion that Pepsi or someone like them showed up and said wait a minute we'll give you more........ and forced CCE's hand. CCE almost stole the company!
I was reading the reports out of CCE and BRVO.OB may get interesting again. But not so fast, there are some issues we need to deal here:
1) We know now that CCE's options to purchase 68,990,244 shares of BRVO cost only $17,247. Just seventeen thousand dollars for the right to buy 68,990,244 shares of BRVO at $0.36 a share. No wonder they got out of the deal so easily, this is a negligible loss for CCE.
I wonder why Alpha Capital AG, AMRO International, S.A, Ellis International, Longview Equity Fund, L.P., Longview Fund, L.P., Longview International Equity Fund, L.P., Mid-Am Capital, LLC, Osher Capital Inc. and Whalehaven Capital Fund Limited sold these options to CCE at such a low price (perhaps the reason was the deal was made 5 or 6 months ago, when BRVO was trading around $0.10 a share).
2) We don't know, the market doesn't know, why CCE is pulling off the intention to take the majority control of BRVO. This may bring negative rumors to BRVO.
3) BRVO now won't need to issue those 81,000,000 new shares to sell to CCE. CCE says it will take about a 10% interest in BRVO, and BRVO says it will sell some warrants to CCE that later will be converted to common shares, but 10% is just about 11,000,000 new shares, so the dilution effect will be much smaller. Plus, the price then paid for BRVO's shares will be $0.36, not $0.16 as it was on the previous deal.
4) «Pursuant to the contemplated transaction, as modified, the Company and CCE
anticipate entering into a Master Distribution Agreement, of the same
nature and scope as previously announced.»
This is a positive.
5) We need to remember that initially the deal with CCE was seen by investors as a positive, many people bought BRVO because of that news, or they would have never heard of the company. So, they will probably be scared and sell tomorrow, they will perceive this as bad news, as they did perceive the prior deal as good news.
6) Bottom line and conclusion, I'll be a buyer of BRVO in the near future. I don't know if the initial reaction to the news will be a fall or a rise (I suspect it will be a fall), and that would present a wonderful buying opportunity.
7) I'll be looking to buy BRVO tomorrow in the low 60's, but if I can't I'll just chase it higher with everybody else who is familiar with BRVO for a long time. One thing I won't do: I won't buy it on a higher open, the general public must perceive the end of this deal as bad and sell, that will clear the way, the bullish way, for BRVO going forward.
This is my first take on the news, I'll think it over during the night and design a course of action for tomorrow before the opening bell.
(This recommendation was made by David Randolph from 3 Stocks on Fire, and he will update this analysis everyday after the close until he sells the stock. 3 Stocks on Fire is a Community of stock traders and investors. Our 2987 members exchange trading ideas and strategies on our message boards everyday. We welcome you as a new member of the 3 Stocks on Fire Community, please take 10 seconds to register (http://www.3stocksonfire.org/trading/index.php?action=register) and receive our free newsletter)
David, great analysis. I have the same question, why does CCE want to back away from the majority ownership? Did the investment banker advise against it? The big Q is, what was the cause to back away? My feeling is that the CC will clarify a lot of unknowns! However if CCE wants to acquire BRVO in the future, it would have to be at market price! The meat of the deal will be in the forecast.
Tomorrow could be an interesting day! The modification is good. MMs need the shares. The stock could drop like a rock and recover by CC day.
I thought about speculating on why this is happening but I'll just post the news release and wait for more news.
DJ Coca-Cola Enterp No Longer Seeks Bravo Majority Holding WASHINGTON (Dow Jones)--Coca-Cola Enterprises Inc. (CCE) Tuesday disclosed that it has ended talks to acquire a majority stake in Bravo! Foods International Corp. (BRVO).
Coca-Cola Enterprises, however, remains in talks with Bravo on an agreement regarding master distribution rights for Bravo products, according to a filing with the Securities and Exchange Commission.
Coca-Cola Enterprises had disclosed on Aug. 3 that it had entered into a letter of intent to buy 81.03 million Bravo shares from the company at $0.16245 per share. That purchase, together with the shares that could be acquired related to a deal with Bravo shareholders, would have given Coca-Cola Enterprises ownership of about 50.01% of Bravo's outstanding common stock, according to a regulatory disclosure.
Tuesday's filing, however, said that Coca-Cola Enterprises had notified Bravo stakeholders that it was terminating its option agreement with them because it had ended talks with Bravo to acquire a majority holding.
Soft drink distributor Coca-Cola Enterprises said it is still negotiating with Bravo for an agreement to get master distribution rights for Bravo's products. Coca-Cola Enterprises said that as part of that agreement, it expects to get an option to acquire a noncontrolling equity interest in Bravo.
Bravo produces and distributes branded, shelf-stable, flavored milk products, including Slammers Ultimate Milk, and cross-promotional brands with companies such as Masterfoods and Marvel Comics.
-By Tony Cooke, Dow Jones Newswires; 202-862-1347;
[email protected] (END) Dow Jones Newswires
I wonder if the opening will be a response to the above news item ? I see an indication of .70 for the initial ASK.
any idea on how this thing might/ should react. i feel like it is good news since the original announcement of the coke deal tanked the shares. Bravo is still getting the distribution, which is probably all they wanted anyway, and get to keep their shares from being sold at 25c a share. On the bad side, why wouldn't coke execute the loi? the only thing i can think of is that since bravo has done a lot of questionable financing deals, coke didn't want to pick up the risk. either that or coke found something else about the company that they don't agree with. anyway, your thoughts?
Considering my analysis made yesterday I'll buy BRVO.OB around today's open. I hope it is in the low 60's. What a magnificent buying opportunity this is.
This will be on the 3 Pennies on Fire Portfolio, since BRVO.OB is a stock traded on OTCBB and I'm only allowed to buy NYSE, Nasdaq or AMEX stocks for the 3 Stocks on Fire Portfolio.
Quote from: David Randolph on August 23, 2005, 08:22:56 PM
I was reading the reports out of CCE and BRVO.OB may get interesting again. But not so fast, there are some issues we need to deal here:
1) We know now that CCE's options to purchase 68,990,244 shares of BRVO cost only $17,247. Just seventeen thousand dollars for the right to buy 68,990,244 shares of BRVO at $0.36 a share. No wonder they got out of the deal so easily, this is a negligible loss for CCE.
I wonder why Alpha Capital AG, AMRO International, S.A, Ellis International, Longview Equity Fund, L.P., Longview Fund, L.P., Longview International Equity Fund, L.P., Mid-Am Capital, LLC, Osher Capital Inc. and Whalehaven Capital Fund Limited sold these options to CCE at such a low price (perhaps the reason was the deal was made 5 or 6 months ago, when BRVO was trading around $0.10 a share).
2) We don't know, the market doesn't know, why CCE is pulling off the intention to take the majority control of BRVO. This may bring negative rumors to BRVO.
3) BRVO now won't need to issue those 81,000,000 new shares to sell to CCE. CCE says it will take about a 10% interest in BRVO, and BRVO says it will sell some warrants to CCE that later will be converted to common shares, but 10% is just about 11,000,000 new shares, so the dilution effect will be much smaller. Plus, the price then paid for BRVO's shares will be $0.36, not $0.16 as it was on the previous deal.
4) «Pursuant to the contemplated transaction, as modified, the Company and CCE
anticipate entering into a Master Distribution Agreement, of the same
nature and scope as previously announced.»
This is a positive.
5) We need to remember that initially the deal with CCE was seen by investors as a positive, many people bought BRVO because of that news, or they would have never heard of the company. So, they will probably be scared and sell tomorrow, they will perceive this as bad news, as they did perceive the prior deal as good news.
6) Bottom line and conclusion, I'll be a buyer of BRVO in the near future. I don't know if the initial reaction to the news will be a fall or a rise (I suspect it will be a fall), and that would present a wonderful buying opportunity.
7) I'll be looking to buy BRVO tomorrow in the low 60's, but if I can't I'll just chase it higher with everybody else who is familiar with BRVO for a long time. One thing I won't do: I won't buy it on a higher open, the general public must perceive the end of this deal as bad and sell, that will clear the way, the bullish way, for BRVO going forward.
This is my first take on the news, I'll think it over during the night and design a course of action for tomorrow before the opening bell.
Just one correction, we'll open an exception on BRVO.OB and buy it for the 3 Stocks on Fire Portfolio, 6.66% of capital. You see, if it were for the 3 Pennies on Fire we would buy just $1,000, and that's ridiculous considering the stock we're talking about.
After all, BRVO.OB won't be traded on the OTCBB for long, I believe. As it happened with AOBO.OB that turned into AOB ...
Clarification made, it's time to get busy !
Ok, bought 25,000 shares at $0.60 a piece.
I guess we can wait for a new subscriber ;D: (thanks Starfire)
Quote from: starfire on August 17, 2005, 08:08:22 PM
"...................... the H&S formation on the chart (which is $0.20), I'm still convinced we'll see $0.60-$0.64, the 61.8% Fibonacci retracement level in the near term. I guess the stock will make a prolonged accumulation phase at that area and then, only then, will restart its long term ascending trend.
Though I wish good luck to all those holding, BRVO seems to be a good long term investment.
"
David,
If it does drop to 60 cents, my donation check will be in the mail.
Starfire
FWIW-
There is no way CCE backed away from their LOI. NONE! I believe that Bravo had no intention at all in going forward with that deal since it was extremely one-sided on CCE's behalf. I further believe that it was the superb management team at Bravo that backed away and now they will get their cake and eat it too. CCE will get a small stake in the Company (not controlling interest much to their dismay) and Bravo gets the massive distribution channel that they have been wanting. As I have posted several times on this thread, these guys are as sharp as they come. When the distribution deal is released in the next week or so, BRVO should pop big time. All the best.
Irish
Quote from: David Randolph on August 24, 2005, 09:38:04 AM
Ok, bought 25,000 shares at $0.60 a piece.
I guess we can wait for a new subscriber ;D: (thanks Starfire)
Quote from: starfire on August 17, 2005, 08:08:22 PM
"...................... the H&S formation on the chart (which is $0.20), I'm still convinced we'll see $0.60-$0.64, the 61.8% Fibonacci retracement level in the near term. I guess the stock will make a prolonged accumulation phase at that area and then, only then, will restart its long term ascending trend.
Though I wish good luck to all those holding, BRVO seems to be a good long term investment.
"
David,
If it does drop to 60 cents, my donation check will be in the mail.
Starfire
Does anybody know the isin code or nsin code? I have 105666101, but that is incomplete apperently...
Thnx in advanced
Quote from: starfire on August 17, 2005, 08:08:22 PM
I'm still convinced we'll see $0.60-$0.64, the 61.8% Fibonacci retracement level in the near term.
Good call, David. Applause.
Quote from: David Randolph on August 24, 2005, 09:38:04 AM
Ok, bought 25,000 shares at $0.60 a piece.
I guess we can wait for a new subscriber ;D: (thanks Starfire)
Quote from: starfire on August 17, 2005, 08:08:22 PM
"...................... the H&S formation on the chart (which is $0.20), I'm still convinced we'll see $0.60-$0.64, the 61.8% Fibonacci retracement level in the near term. I guess the stock will make a prolonged accumulation phase at that area and then, only then, will restart its long term ascending trend.
Though I wish good luck to all those holding, BRVO seems to be a good long term investment.
"
David,
If it does drop to 60 cents, my donation check will be in the mail.
Starfire
David, cheques's in the mail. It is my pleasure! Great call.
Starfire
David, glad I got up late this morning!! Any idea how long it will linger in the 60s?? What is your gut feel??
By the by the donation should be in the SOF account.
starfire
I agree with the Irishman (not because I'm half Irish myself ;)). Everyone was asking why Bravo! would sell themselves so short with CCE considering the future potential of the company based on new accounts and product line. I am betting that Bravo! "got smart" and saw they were getting the shaft on this deal and got out. Can't wait to hear the PR from Bravo! on this.
Overweight in BRVO now and happy about it! ;D
Quote from: starfire on August 24, 2005, 11:16:36 AM
David, glad I got up late this morning!! Any idea how long it will linger in the 60s?? What is your gut feel??
By the by the donation should be in the SOF account.
starfire
Yes, we got it Starfire, thanks a lot :) (now you are an Honours Member of the 3 SOF Community)
I don't think the stock will stay long in the $0.60's. You see, my previous call was based on the deal with CCE going ahead, this way the stock has a lot more potential. I believe it is possible for it to close higher today and never look back ...
Good luck for BRVO's investors :D
Hi great call today David. Right on the spot ;D
well you make me a believer. I have a question, is there any other way to send the donation (or subscribtion) money other than paypal since a have a little problem with paypal (don't wanna get into that nasty dispute again) so I cannot use paypal now. Is there anyway other than paypal. I think wire transfer might cost too much (my bank charge $45 for outgoing wire transfer fee, >:( that my 2 months for 3stocksonfire subscription now) well I'm looking forward to join you and all the nice ppl here for year to come.
thank you
Nothing new, except it is always nice to get the news from the horse's mouth (excuse me, Roy, its just an expression!). I do like Roy's time completion estimate. Whoever said wild and woolly got it right today. Still, I sense that this was a day very carefully orchastrated by the MM's. Fox.
Bravo! Foods International Modifies Proposed Transaction With Coca-Cola Enterprises Inc.
Wednesday August 24, 2005, 9:30 am ET
-Files SEC Form 8-K-
NORTH PALM BEACH, Fla., Aug. 24 /PRNewswire-FirstCall/ -- Bravo! Foods International (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin-fortified, flavored milks, announced today that both parties have agreed to modify the Letter of Intent dated July 29, 2005.
Full details of the disclosed SEC Form 8-K Filing can be found at: http://www.sec.gov and http://www.bravobrands.com .
Pursuant to the contemplated transaction, as modified, Bravo! and CCE anticipate entering into a Master Distribution Agreement of the same nature and scope as previously announced. In addition, upon entering into the MDA, it is anticipated that the Company will issue warrants to CCE that, if exercised, will permit CCE to acquire approximately 10% of the authorized common stock of Bravo! as of the date of the issuance of the warrants. The exercise price of the warrants will be $0.36 per share.
Bravo! CEO Roy Warren said, "We are excited to continue working with Coca- Cola Enterprises toward a mutually beneficial Master Distribution Agreement, and to have CCE as a potential investor."
Bravo! Foods expects the Master Distribution Agreement to be executed by the Company and CCE by the end of August.
When will the subscription start? anyone? ???
Terlisa-
Subscription starts October 1, and I heartily recommend that you join us. I've been trading a goodly number of years, and I must say this is far and away the best site for and by traders that I have ever seen. David and Rams are great people and the real deal in terms of stock picking and as a bonus , you are in contact with a great number of other traders who actually know what they are talking about. Come join us and we'll all make some money together and have fun doing it. All the best'
Irish
Thank goodness BRVO management were able to extracate themselves from that crappy deal they cooked with Cola. It must have been put together when they had no idea BRVO stock was able to hit $1 plus. Anyways that all said way is clear for the stock to get back to work and not be burdened by the deal. I now have my position back after the Cola deal made me lose it.
Thanks Irishman... & i'll probably join if BRVO goes back to a $1 again ...And of course, hopefully my 0.60 order will get filled tomorrow.... :( :'(
I suspect that Roy Warren will announce the following, in short order:
1. The finalization of a North American/European Master Distribution
Agreement with CCE;
2. The intention to apply to have the stock listed on either of the
senior exchanges, NASDAQ or AMEX.
3. Concurrent (or alternatively) the intention to have a rights offer;
proceeds from which will finance the company's operating capital and
capital equipment purchase needs. Fox.
Oops... :-X
Irod,
You are speaking of Bravo Resources. This thread is for Bravo Foods.
Wow, I really need to get some sleep. ;D
Quote from: yuyjust on August 24, 2005, 12:40:32 PM
Hi great call today David. Right on the spot ;D
well you make me a believer. I have a question, is there any other way to send the donation (or subscription) money other than paypal since a have a little problem with paypal (don't wanna get into that nasty dispute again) so I cannot use paypal now. Is there anyway other than paypal. I think wire transfer might cost too much (my bank charge $45 for outgoing wire transfer fee, >:( that my 2 months for 3stocksonfire subscription now) well I'm looking forward to join you and all the nice ppl here for year to come.
thank you
Thanks for your posts, specially IrishMan :)
I don't know yuyjust, I'm sure there's a way, Ramsburg is the one in charge of the website's money (possibly we'll put our secretary from the other old economy business doing that). Anyway, thanks for your interest, I'll talk to Ramsburg over lunch about this problem, we also don't like Pay Pal much because they charge too much for their service.
Now, considering BRVO.OB, all fundamental analysis is made and now I am a long term holder of the stock. As aussietrader said, the end of the deal with CCE puts BRVO's stock back in bullish mode. The situation now is much more positive than I thought it would be, because I thought the stock would come down to the low $0.60's but with the deal with CCE still up.
In that situation the stock would trade around the $0.60's for a prolonged time, with the people who made a mistake buying because of the deal selling. Other reason for this was the dilution effect, the company would have a much larger market cap even without the price of the stock rising if that deal with CCE actually happened.
I guess we still need some 2 or 3 days of accumulation before this takes off really fast. You see, yesterday we've had 18.7 million shares traded, but I guess about 40 or 50 million were bought because of the deal with CCE. Those that bought because of the deal must sell before any meaningfull advance takes place.
Anyway, my old $5 dollar target for BRVO is alive again, perhaps not this year, but in 2006 ... who knows? I'll just keep monitoring the stock day after day, but this is a long term investment, not a trade.
Some may say the rapid advance from 20 cents was in anticipation of Coke getting involved.
With this theory, yesterday was a bounce and it will head back under 60 cents.
We will see when the dust settles.
Hopefully, the Master Distribution Agreement does not cut the profit margin.
Thanks for your post fill_the_gap, I don't think that's the case because along the way from $0.20 to over $1 there were many positive developments at BRVO.OB, with big sales increases in Slammers and other products the company manufactures.
Lol cumulina, I guess I'm still sleepy, the chart is right now. Why $0.70? You had plenty of opportunities to buy lower, even lower than I did ... anyway, any price below $1 is a marvelous price to buy BRVO.OB over the medium term 8)
added more @ 0.66$ !!!
8)
Got in @ .65 we will see??
Thanks to all for all the info. I am new to this and your education is great.
Made my first donation
Thanks Again!!
so I cannot use paypal now. Is there anyway other than paypal. I think wire transfer might cost too much (my bank charge $45 for outgoing
Yuyjust, I guess you don't have Visa, huh? That would be the easiest, surely. Fox.
David,
I am going to be unpopular here and say BRVO was bought based on rumor of the Coke deal. Yes, BRVO is expanding and doing well. Not knowing the percentage Coke gets for a MDA is dangerous. And BRVO balance sheet is worth a look.
Prediction is 50 cent range very soon then it will decide.
But you are holding for the long haul.
Just caution for those who think it will rapidly increase from the 65 plus cent level until we know more.
Hopefully, the Master Distribution Agreement does not cut the profit margin.
Having bought 3 years ago at 34, and hidden under the bedclothes with the lights off at 7 cents, I have to say; I am less concerned about profit margins. 100% of nothing is nothing. I respectfully suggest that a better focus would be on the very high likelihood that we are getting one of the greatest hucksters of all time (Coke) to distribute our product. If Mgt can achieve that, from the depths of despair at 10 cents, earlier this year - I trust them to protect their profit margins. Fox.
;D well Don I do have VISA but I don't think 3stocksonfire is taking Credit card right now except thru PAYPAL and I have a dispute with PAYPAL right now so I don't want to use it. That's all.
I also have problems with Paypal (their customer service doesnt even answer claims)
Wish to make donations and would appreciate alternatives. Can I pay with my
Golden American Express credit card???
jorgegr
Quote from: jorgegr on August 25, 2005, 12:29:37 PM
I also have problems with Paypal (their customer service doesnt even answer claims)
Wish to make donations and would appreciate alternatives. Can I pay with my
Golden American Express credit card???
jorgegr
We are studing some PayPal alternatives for those who don't want to use Paypal.
Just give us a few days ;)
Thanks !
Watching it tick up on very light volume orders.
Yesterday, a similar pattern at this time and then a 1.2 Million Sell hit the board.
We will see.
Fill The Gap,
Saying Bravo! ramped up from the .09 range on the rumor of COKE wont make you unpopular, just incorrect. Unless you are talking about the day or two before the announcement.
It's always nice to have different perspectives. I thank fillthegap for that.
Anyway, if BRVO hits the $1 level again ... My donation on the way for 3SOF ;) :)
Watching it tick up on very light volume orders. Fillthegap, your posts are always informed. So, that provides a counterweight to the irrational exuberance that comes visiting, sometimes. Your comments provide food for debate. Please continue to post, as you see it. Yesterday, I can see no dicernable pattern, other than the stock dropped from a daily high to a daily low, in a half hour, on small volume trades. Do you expect a specific pattern to emerge, before the S/P tests the range you suggest? Like, what will show the way ahead to the 50 cent level? There may be others like me, who will sell other stock at a loss, to provide cash for such a buying opportunity. Obviously, I am loath to do so, if there a buying opportunity does not arise. So, your thoughts would be appreciated, much. Fox.
Quote from: Terlisa on August 26, 2005, 12:49:36 AM
Anyway, if BRVO hits the $1 level again ... My donation on the way for 3SOF ;) :)
Lol, it looks like BRVO.OB is and will continue to be a major contributor to 3 SOF :D Thanks Terlisa, it's almost a sure thing ;)
But I don't know if it will be fast or slow ... it should rise fast, after this correction to the 61.8% Fibonacci retracement level, given the fundamental developments. The problem might be that now there's a lot of resistance around the $0.80-$0.83 level, and that will probably put a cap on any short term advance phase.
We probably need strong fundamental numbers in the coming weeks and months for BRVO.OB to break that resistance area. I believe that if we get a close above $0.83 it's easy to predict we'll see new highs above $1.40 in the future. $1 has no technical significance. $0.80-$0.83 is the key level.
On the downside, fill-the-gap might be right, the stock may come down to test the lows on the mid $0.50's, but that doesn't bother me, anyone trading this stock will miss the big move up that's coming.
Don,
Thank you for the kind post.
Just my opinion, but here goes.
People are waiting to see the details of the Master Distribution Agreement. Uncertaintly of why Coke went from future 51% shareholder to now 10% warrants. Did they see something that was not positive ? Or did BRVO change the deal based on not needing Coke to control the company, thus benefiting BRVO ? Maybe BRVO does not need Coke. BRVO seems to be doing well distributing, so hoping the latter is true. How much of the big move in price was from a leak of anticipating a Coke deal ? I am daytrading BRVO at times. Personal opinion is to wait and see how the deal turns out. David may be right. If it all is okay, it will go to the 80-83 resistance and then see. But I will not take a position until more is known. Too much uncertainty. 5-6 cent drop is 10% loss. That drop from over $ 1.00 and then 80 cents was harsh. People now need 100% to get back.
Doubt I helped at all. Just an opinion. ;)
-Jeff-
Quote from: fill_the_gap on August 26, 2005, 08:09:51 AM
Doubt I helped at all. Just an opinion. ;)
-Jeff-
I think it's helpful to present differing opinions. I applauded your post yesterday, and I applaud this forum for being a place where people present their opinions and analysis in a polite manner, and treat each other with respect.
QuotePersonal opinion is to wait and see how the deal turns out. David may be right. If it all is okay, it will go to the 80-83 resistance and then see. But I will not take a position until more is known. Too much uncertainty. 5-6 cent drop is 10% loss. That drop from over $ 1.00 and then 80 cents was harsh. People now need 100% to get back.
We've had alot of news on BRVO since my last post on it on it a month ago. At that time, the chart looked bearish. Primarily:
1. Two Bearish Engulfing Patterns on the two heaviest volume days.
2. Broken Bear Channel
Since then, we had a rally back into the Bear Channel, which ended in a Bearish Evening Doji Star Pattern. I redrew the bottom of the Bear Channel to include all of the trading to that point, and that Bear Channel also broke to the downside. Then we got the gap down, confirming the bearishness in the chart.
As it stands, this chart is acting bearish, and as David has said in the past, things like, "averaging down when the stock hit $1.00," or, "averaging down when the stock gapped down to $0.60" are the kinds of things that you're sorry to see get rewarded, because over the long-term, it's a losing strategy, and people who do it are going to get hurt. Sometimes badly.
Many of you will remember the poster here who almost relentlessly posted things like "YOU'LL NEVER SEE BRVO BELOW $1.00...LOAD THE BOAT...BUY IT NOW!!!" Much to our collective relief, Frederick banished him. When you see that type of thing on internet boards, more often than not, the person posting it is a disaster waiting to happen. We've seen BRVO go well below $1.00.
David has two nice gains in BRVO, so let's recognize that his circumstance here buying BRVO is very different from someone who has a big loss in it from above $1.00, and who is "averaging down." David has done a nice job with this stock, and he's not doing anything like that.
Bottom line: be careful with this one. I have no prediction or opinion about what it's going to do, and I have no position in it. But, I will say again that, as it stands, the chart is bearish, there is no horizontal support below here due to the parabolic nature of the rally to $1.42, and because of that, the "parabolic return" still is IN PLAY.
Good luck to those who are long.
Quote
Quote
Melf, great chart work! Me, Im a T/A newby, fundamentals oldie. How do I reconcile the two?
I was certainly happy to see the S/P close the week above my cost. But, I have no trading profits since I started following this thread. You're so sure, I'm so sure.... I'm just plain too loaded with projects to prepare a fundamentalist's response (other than the Preacher's latest classic 'take him out') . Any fundamentals follower out there wililng to give us a recap? I need, no wish, to trade this thing to keep lowering my ave. cost. Don.
Quote from: don on August 28, 2005, 11:29:37 AM
Im a T/A newby, fundamentals oldie. How do I reconcile the two?
Don,
I would suggest looking at the chart to see if it's confirming the fundamentals. If it isn't, I'd be a little bit suspicious about the fundamentals.
QuoteYou're so sure, I'm so sure....
The only thing that I was sure of a month ago when we discussed BRVO's chart was:
1. It had put in TWO Bearish Engulfing Patterns, and both were on the two heaviest volume days since the parabolic rally began.
2. It was trading in a Bear Channel, which it appeared to have broken to the downside.
That doesn't mean that I was sure about what it was going to do next. I wasn't. I'm never sure about anything that's going to happen in the future. I only was sure that I didn't want to own a stock that was acting bearish, no matter how good the fundamentals might look.
QuoteI need, no wish, to trade this thing to keep lowering my ave. cost.
I never would tell anyone how to trade, Don, and BRVO could go to the moon, but I would suggest reconsidering that strategy. I'll give you an example why.
Two years ago, in August, 2003, Krispy Kreme (KKD) was trading at $50. Terrific growth story. It always beat earnings by a penny. When KKD gapped down, it "looked like a bargain" to some. On subsequent gaps down, it looked like even more of a bargain.
Here's what shareholders didn't know two years ago, when KKD was in the mid-$40s, when the fundamentals still looked good:
Krispy Kreme to restate 2001-04
Inquiry uncovers 'attempt to manage earnings'
By William Spain, MarketWatch
Last Update: 4:31 PM ET Aug. 10, 2005
CHICAGO (MarketWatch) -- An "attempt to manage earnings" by former executives of Krispy Kreme led to widespread accounting errors and will lead the doughnut chain to restate profits for 2001 through 2004 -- even as its business continues to deteriorate -- according to the findings of an internal probe.
Early Wednesday, Krispy Kreme (KKD: news, chart, profile) said a committee formed to investigate accounting problems found that the "story is one of a newly public company, experiencing rapid growth, that failed to meet its accounting and financial reporting obligations to its shareholders and the public."
Here's what happened to the stock over the past two years, and to shareholders who averaged down in a stock that was acting bearish:
Thanks for your analysis and different points of view, it's always wise to be aware of the risks involved in stock trading. I believe BRVO.OB has attractive fundamentals and technically I see a correction to an overall long term bullish trend. But nothing is 100% sure.
As I see it, very simply, people who bought on the CCE deal news were wrong and now they were wrong again when they sold based on the fact that the deal failed to materialize. So, at least a reversion to the mean is in cards.
I'm reconsidering $0.80-$0.83 as the significant technical level to work as resistance. The prior head and shoulders pattern is so pronounced and perfect that a retest to the neckline is the big technical barrier to BRVO's fundamentally backed expected advance.
I'm bullish long term on BRVO.OB but I'm no long term investor. 3 Stocks on Fire has a trading spirit. So, here's my plan to trade BRVO.OB:
1) Sell with a profit if the stock touches, not the $0.80-$0.83 horizontal level, but the neckline of the H&S pattern, which on Monday's session will stand at $0.90.
2) Re-evaluate the situation then and possibly buy back the stock later.
3) Wouldn't like to see the stock close below the 61.8% Fibonacci retracement level, at $0.62, but won't sell anyway.
The fundamental risk, one might think, is that CCE found something that it didn't like on BRVO. I don't think that was the case, the principal factor for the CCE deal probably was BRVO's products and those are intact. Besides, they will probably still take a 10% interest in the company, so that theory doesn't make much sense to me.
Perhaps the market action was able to convince BRVO's management that the deal was no good and that it would be better if they continue as an independent company, there's a lot more room to grow this way. Issuing and selling all those shares to CCE at $0.16 was nonsense.
We'll see, in the meantime I have a 13% open profit on this trade, letting the profits run is the correct attitude.
Hi, Melf:
Great work on the chart analysis. I agree with your technical analysis on the chart patterns.
May I suggest that it will be much better if the whole chart can be seen without using the horizontal scroll.
Saw this on RB- Slammers in vending machines next to Coke.
Good pics-
Test marketing?
http://www.imaginationoverdrive.com/slammers.htm
Hey wait, Gromitron, who took the pictures of slammer vending machines, posts on this site too.
Great find and thanks for the pics!!!
Excellent pictures - certainly caught investors eyes with pictures like this, and Coke's deal is supposed to close in 3 more business days!
I was out at $1.1 last month, but back at low $0.6 early last week.
Hey, I was just going to post the link to my website with the pics here, but i see someone already did!
hehe
I was excited to see the machines, I think they did a good job with them. All the Coke machines next to them, I'm sure its part of a test market. Wish they had put them in a nicer mall, tho.
http://www.imaginationoverdrive.com/slammers.htm
Quote from: shawFund on August 28, 2005, 05:12:06 PM
May I suggest that it will be much better if the whole chart can be seen without using the horizontal scroll.
You certainly may suggest that. It's a pain in the neck to have to use the horizontal scroll, but I don't know how to make the chart smaller. If you or anyone else can tell me, I'd be glad to do that in the future if it doesn't affect the clarity of the chart.
Glad to see this range of views. Thanks to all, particularly for David's. This is a great learnining environment.
I would suggest looking at the chart to see if it's confirming the fundamentals. If it isn't, I'd be a little bit suspicious about the fundamentals.
When I posted, I was implying that my financial analytical background has me thinking
- that this CCE deal will proceed is a critical part of the positive fundamentals;
- if it does so, then the fundaments will have remained unchanged;
- if the stock price rises, then it goes against what technical analysis suggests;
Consequently, a reasonable proposition, as an alternative to fillthegap's, would be; if I look to the charts to confirm the fundamentals, and they don't, then I should be suspicious of the charts. I remain more comfortable with the tangible news I have, and unconvinced that the charts can tell me (okay, imply) that the CCE deal news is going to change for the worst, or that there is other negative news coming.
"story is one of a newly public company, experiencing rapid growth, that failed to meet its accounting and financial reporting obligations to its shareholders and the public."
I don't think one can imply from the Krispy Kreme story that charts will help you avoid crooks cooking the books. The whole financial reporting/investing system relies on audit reports put out by CPA's stating that the company's financial snapshot (the balance sheet) is 'clean'. Yet every report states that their audit work cannot be guaratneed to identify fraud. There are no guarantees in life. Neither with fundamentals nor technical analysis. So, let us agree to disagree.
The great thing is, we will all be able to compare notes in a week or so. and I too am impressed with the good naturered posts found here. Good luck to all. Don.
hi,
i hope this is not a stupid question, but how can you tell if a stock like brvo at this point is being accumulated or distributed. it seems to be hugging .67 - .68
with the number of shares traded it is holding steady , can anyone shine light on this for me.?
thanks
maxi
Maxi-
There is no such thing as a stupid question. This is how we all learn, and even though I have been trading for many years, I am still learning and undoubtedly will continue to do so until the day I decide to stop trading. ( Can't imagine when that day would come, however)
Anyway, when a stock is treading water like BRVO has done over the last number of sessions it is said to be "Basing' or forming a "Base". More times than not this base will act as a support price for the stock. Hope that helps and all the best.
Irish
Just to clarify as well, when it makes a 'base' it means it can tread up or down from there. (Most people think once a base is formed it can only go up from there).
This base forms resistance if the stock goes down and 'support' if it goes up.
Quote from: Melf Elf on August 29, 2005, 06:21:22 AM
Quote from: shawFund on August 28, 2005, 05:12:06 PM
May I suggest that it will be much better if the whole chart can be seen without using the horizontal scroll.
You certainly may suggest that. It's a pain in the neck to have to use the horizontal scroll, but I don't know how to make the chart smaller. If you or anyone else can tell me, I'd be glad to do that in the future if it doesn't affect the clarity of the chart.
Hi Melf,
The best way, is to resize the chart window size, then copy, and paste on some image software like PaintShop Pro, or even the Windows Paint.
best regards,
Also, think of base forming as happening after a decline, hence the "expectation" that it will move to the upside when done forming. The reason it tends to move up after forming a base is because potential buyers see that a bottom has been reached and at some point either decide to jump in moving prices up or continue to stay away which can result in further declines in s/p.
At the opposite end, a ceiling is formed after an advance when a point or area of resistance is met. After a period of time (usually a few days) of failed penetration of the ceiling people tend to give up (see that further gains are in jeopordy) and start selling the stock, starting it's decline.
As ehos mentioned, when bases and ceilings are formed, the stock can still continue in it's previous direction if the base fails as a support area or the ceiling fails as a point of resistance. That is why, when going long on a stock, it is better to buy it after the base has formed and it has begun it's move upwards again. I don't short stocks but the same would be true when resistance holds for a time and a decline begins.
Besides BRVO, check out BCON, EYII and HISC for a couple of stocks working on forming bases with message boards here.
Quote from: don on August 29, 2005, 11:45:57 AM
- if the stock price rises, then it goes against what technical analysis suggests;
Back in July when the chart looked bearish, technical analysis suggested that on a break of the Bearish Channel, BRVO was going to go back to where the Bear Channel began, at .655, and
possibly back to where the parabolic rally began. That doesn't mean that a Parabolic Return is going to happen, or that if it doesn't, it goes against what technical analysis suggests.
BRVO fell from a high of 1.42 to .565, for a loss of 60%, and went below the bottom of the Bear Channel, so we already have bearish confirmation of what the chart was suggesting. We've got the minimum downside target, and the selloff could be over. Buying it here could end up being the right play. I have no idea.
But, personally, I don't want to buy a stock that just gapped down out of a bearish pattern, just as I wouldn't want to short a stock that had an upside breakaway gap out of a bullish pattern. The probability of success with employing either of those strategies isn't favored over the long run, but it could work out with BRVO. I hope it does for those who are long.
QuoteI don't think one can imply from the Krispy Kreme story that charts will help you avoid crooks cooking the books.
I think that they can, only we often don't know "the reason" at the time that we sell a gap down, or sell a break of support, etc.
There's a market saying, "First the chart...then the news" which means that first we'll see a problem with the chart (or the reverse), then later on we find out what the reason was. Sometimes, much later. When I posted the bearish BRVO chart in late July, we didn't know what the news would be that would send BRVO back to .655. We just knew that the chart was looking bearish. Now we know the news, and more importantly, the reaction to the news.
Buit, no, a chart certainly can't tell us if someone is cooking the books. The chart only can guide us, and help us get out of a stock, sometimes well ahead of the disclosure of bad news, as in the case of Krispy Kreme.
Good luck with BRVO, Don. I hope this turns into a big winner for those who are long.
Quote from: Ramsburg on August 29, 2005, 04:01:39 PM
Hi Melf,
The best way, is to resize the chart window size, then copy, and paste on some image software like PaintShop Pro, or even the Windows Paint.
best regards,
Thanks, Frederick. Here I go again...I dont' know how to do that ???
I'll try to figure it out. Thanks again!
I am a newbie to TA and reading graphs, essentially I am a numbers guy. But numbers drive the graph! Just looking at the graph, it looks very isolated and precarious. The big Q is, will the MDA meet expectations? Here are the issues that I see:
1. The revenue forecasted (mentioned in the CC) for 2006 is $80M - $90M (million). This is CCE's revenue. WHat is BRVO's share of this?
2. In the modified alternative, the fully diluted number of shares (after the conversion of Warrants, options, CDs, preferred) is 200million shares. And if CCE converts, add an dditionl 30 million. Hence the total diluted number of shares will be 250 million. This is about 50 million difference from alternative I. Thus the perceived burden of the diluted shares still persists.
Bottom line, if the MDA does not meet expectations, then expect some more downside, otherwise it will form support and retrace previous levels.
Great, great posts on this BRVO thread. I fully agree with Melf Elf on his take on the value of technical analysis and charts. In fact, I think his last post (well, not the one where he says he cannot shrink charts ;D, the one before that) is a must read for everyone on this website. I want to thank Melf Elf for sharing his wisdom in such an understandable way.
More, I agree with him on his technical take on BRVO, the stock is in a downtrend now and has a lot of overhead resistance. So, why hold? Well, I got my fundamental reasons ... I believe, due to fundamentals, the technical picture will change in the future, but I know this is a dangerous thought. So I have to make my fundamental case very strong (I need to confront starfire's numbers with mine), to hold this stock in the face of a bearish technical picture.
Now it is very late to do that, so I'll do it tomorrow morning (about 3 AM NY time).
Melf and David, have to offer 'applauds' for Melf's several and your most recent. I have learned a considerable amount here. Thanks for your patience. Flexibilty is difficult and rigidity of thinking is easier, when you are dealing with the a new disipline and the risks of losing capital. Now I have to apply it! David, looking forward to your next post. (I'm 12hours ahead). I sold my 63's at 68 and made a hundred or so. That is my first gain, (if i ignore averaging) since I gotonfire!! Plus I have my capital back.nteresting how tight the market makers seem to be managing the market, or is it my imagination? I had my order in at 70, well ahead of the open. yet didn't fill. This has happened on numerous occasions. Of course, I have to remember that this is OTC. Don.
Quote from: starfire on August 29, 2005, 04:34:01 PM
I am a newbie to TA and reading graphs, essentially I am a numbers guy. But numbers drive the graph! Just looking at the graph, it looks very isolated and precarious. The big Q is, will the MDA meet expectations? Here are the issues that I see:
1. The revenue forecasted (mentioned in the CC) for 2006 is $80M - $90M (million). This is CCE's revenue. WHat is BRVO's share of this?
2. In the modified alternative, the fully diluted number of shares (after the conversion of Warrants, options, CDs, preferred) is 200million shares. And if CCE converts, add an dditionl 30 million. Hence the total diluted number of shares will be 250 million. This is about 50 million difference from alternative I. Thus the perceived burden of the diluted shares still persists.
Bottom line, if the MDA does not meet expectations, then expect some more downside, otherwise it will form support and retrace previous levels.
Actually the above should read as (changed 200M shares to 220 Million hsares):
"
I am a newbie to TA and reading graphs, essentially I am a numbers guy. But numbers drive the graph! Just looking at the graph, it looks very isolated and precarious. The big Q is, will the MDA meet expectations? Here are the issues that I see:
1. The revenue forecasted (mentioned in the CC) for 2006 is $80M - $90M (million). This is CCE's revenue. WHat is BRVO's share of this?
2. In the modified alternative, the fully diluted number of shares (after the conversion of Warrants, options, CDs, preferred) is 220million shares (300-81). And if CCE converts, add an dditionl 30 million. Hence the total diluted number of shares will be 250 million. This is about 50 million difference from alternative I. Thus the perceived burden of the diluted shares still persists.
Bottom line, if the MDA does not meet expectations, then expect some more downside, otherwise it will form support and retrace previous levels.
"
I am out but a few shares!
thanks
everyone for informative and educational posts,
and only 50 bucks a month , cheeper than college and just as much fun!
3 STOCKS ON FIRE RULES!!!!!!!
maxi
How to post chart without horizontal scroll if you are using a PC:
1. stockCharts.com, use "medium type" of chart, click "Add Annotations" button,
then draw all the lines, add text etc.;
2. Press "alt + prt screen" keys at the same time;
3. Run "pbrush" program;
4. Select "Paste". The chart will be put into the window;
5. Click "Select" button, then use mouse to select the chart area you need to show to us,
finally "Copy" the selected area;
6. Select "New" and click "No" to save changes;
7. Use "Paste" again, the newly selected chart area will be on the paint window
8. Select "Save As" and save as .gif format
You are done.
Quote from: shawFund on August 30, 2005, 01:35:26 AM
How to post chart without horizontal scroll if you are using a PC:
1. stockCharts.com, use "medium type" of chart, click "Add Annotations" button,
then draw all the lines, add text etc.;
Thanks, ShawFund. I got stumped right away on Step 1. I don't see anything that says "medium type" of chart, nor do I see "Add Annotations." When I open a reply page, I only see "Addtional Options." When I click on that, I get the "Attach Box" with a Browse button next to it, which I use to go into my files and find the chart.
I'll keep working on it. Sorry about the horizontal scroll bars.
Thanks for your posts. Melf Elf uses Metastock, not stockcharts.com (Metastock is much better, of course, it is a dedicated software, not a website).
I've been reading and thinking about BRVO's financials and it's true, the company isn't in great financial shape. It has a lot warrants and notes issued and earnings weren't attractive at all:
«The Company's new product introduction and growth expansion continues
to be expensive, and the Company reported a net loss of $2,579,275 for the
six-month period ended June 30, 2005. As shown in the accompanying
financial statements, the Company has suffered operating losses and
negative cash flows from operations since inception and at June 30, 2005
has an accumulated deficit of $36,491,265, a capital deficit of $2,933,786,
negative working capital of $2,701,460. »
What is it that they have? A good product, that I expect to see being sold worldwide in the future:
«The closing under the stock purchase agreement will also be subject
to the Company and CCE entering into a master distribution agreement
pursuant to which CCE would distribute the Company's products throughout
the United States, its possessions, Canada and other countries in which CCE
is licensed to bottle products of The Coca-Cola Company.»
The process is just starting:
«This increase is the result of the Company's
development of new branded product lines in the United States, including
the 2005 launch of our Slammers(R)line of Mars' Starburst, MilkyWay and 3
Musketeers flavored milk drinks. Our launch of Mars Slammers(R)line in the
first quarter 2005 achieved market penetration in 30,000 grocery and
convenience stores for this line by June 30, 2005.»
«We are continuing to explore new points of sale for our branded
flavored milk. Presently, we are aggressively pursuing the school and
vending market through trade/industry shows and individual direct contacts.
The implementation of such a school base program, if viable, could have an
impact on the level of our revenue during 2005. Similarly, we expect that
the greater control over sales resulting from our refined business model
and the anticipated expansion into bodega stores as well as national
chains, such as 7-Eleven, will have a positive impact on revenues.»
And costs will probably be reduced:
«Freight charges will be reduced as we
are able to ship more full truckloads of product given the reduced per unit
cost associated with full truckloads versus less than full truckloads.
Similarly, slotting fees, which are paid to warehouses or chain stores as
initial set up or shelf space fees, are essentially one-time charges per
new customer. We believe that along with the increase in our unit sales
volume, the average unit selling expense and associated costs will
decrease, resulting in gross margins sufficient to mitigate cash needs. In
addition, we are actively seeking additional financing to support our
operational needs and to develop an expanded promotional program for our
products.»
So, as an investor, I have to think what is the risk/reward of this investment. If BRVO fails to meet it's obligations and goes bankrupt I'll lose 100% (no, not at all, since I would sell much before that if the stock broke down badly).
The reward is that Slammers and other products of the company start selling throughout the US, Canada, Mexico, Uk, Europe, South America, Asia, India, you know, the blue globe. BRVO would turn out to be a multi billion dollar company in the future if this were to happen.
Here in Portugal, of course, there are no Slammers for sale ... we have something made by Nestle, Yop. I drunk too of them for breakfast, instead of the usual Coke (arghh, I know it's not very good for the stomach to drink coke so early in the morning :P). They taste very well, I think I'll substitute coke for breakfast on a permanent basis.
Flavored milk is here to stay and BRVO has a chance of being a global player in that space. I hope it succeeds, since I'll continue holding the stock for the foreseeable future.
In trading terms, the thing looks much more simple:
1) People who bought on the CCE news day were wrong and got punished;
2) People who sold because that deal was partially cancelled were wrong and probably will be punished too. The punishment will come in the form of a rebound to the neckline of a H&S pattern, currently at $0.90, 50% above my purchase price of $0.60.
how to place a stop loss?
I checked with my broker, TDW. They say, cannot, as it is OTC. Has anone figured
a way around this problem? Thanks! Don.
Inaddition, we are actively seeking additional financing to support our
perational needs and to develop an expanded promotional program for our
products.»
David posted this quote. I had seen it earlier too. I am expecting a financing, immediately after announcements that the CCE deal is finalized and that BRVO is applying for a NASDAQ listing. Don.
Quote from: don on August 30, 2005, 08:27:18 AM
how to place a stop loss?
I checked with my broker, TDW. They say, cannot, as it is OTC. Has anone figured
a way around this problem? Thanks! Don.
Don, you don't have too much choice 1) Set an alarm to highlight when the stock is approaching your stop point so that you can make a decision 2) Change brokers to one that will allow stops etc on OTC stocks 3) Hope TDW add the stop feature to OTC stocks in the near future.
Some brokers do allow stop orders on OTC and some don't.
Hi, Melf:
What you mentioned is how to upload your chart from your hard disk to our web site.
What I mentioned is how to generate the chart in .gif format in proper size so that it can be seen in the post without the horizontal scroll.
I am using stockcharts.com chart as an example. Of course, metastock chart can be converted into .gif in the same way. I don't have that program and so I cannot comment on it.
Since Dav has done it well, may be he can give some tips.
BRVO.OB went down a bit today, and I wonder why ... well, a good answer could be: «it's the chart, stupid» ;D
A not so good, but comprehensive answer, can be this line on the last press release from the company:
«Bravo! Foods expects the Master Distribution Agreement to be executed by the Company and CCE by the end of August.»
So, today was August 30th, tomorrow is the last day of the month, where's the MDA? I certainly hope the company issues a press release about this subject in the coming days, the market, and I, hate uncertainty.
In the meantime the stock can be coming down to around $0.60 to make the second dip (the market usually gives a second chance) of a short term bottom before the expected short term advance phase to retest the broken neckline, at least.
I'll continue holding BRVO.OB.
Coke wants and needs this deal. They have already wasted millions on their own milk drinks, and failed to produce a winner.
Slammers are already proven in the marketplace; Bravo will not disappear, and their ultimate prosperity seems assured, with or without Coke.
Coke approached Bravo with a deal already set in their minds. They are Coke!! Bravo should be grateful!!
I think the evidence is mounting that BRVO management is standing up to the giant to hammer out a killer deal. Uncertainty is hell, but the longer we wait, I think the better we will turn out.
I am almost hoping that no further word arrives tomorrow; imagine the bargain BRVO would be on Thursday!
My plan is to buy a bit more tomorrow, anticipating an announcement after market hours. If it doesn't arrive, I will try to call the bottom, and then "back up the truck!" ;D
I am expecting CLIPPED that BRVO is applying for a NASDAQ listing
As someone pointed out on Investors Hub, BRVO does not qualify for listing on NAS. Irrational again!
To anybody down hurricane way, as 2 tsunami survivors, our thoughts goes out to you - be of good cheer, no matter what. Don.
Equity Alliance Int.: Equity Alliance International - Dollar Volume Leaders - Tuesday August 30, 2005 BRVO, CXTI, FLWE, EDNE
Tuesday , August 30, 2005 06:04 ET
Aug 30, 2005 (M2 PRESSWIRE via COMTEX) --Equity Alliance International Repots this mornings Dollar Volume Leaders -- Bravo! Foods International Corporation (OTCBB:BRVO), China Expert Technology Inc (OTCBB:CXTI), Fellows Energy Ltd (OTCBB:FLWE) and Eden Energy Corp (OTCBB:EDNE).
Bravo! Foods International Corporation (OTCBB:BRVO)
Bravo! Foods International Corp. (OTC Bulletin Board: BRVO) develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 states, Mexico and various Middle Eastern countries. Bravo!'s products are available in the United States and internationally through production agreements with regional aseptic milk processors and are currently sold under the brand name Slammers .
Many of Bravo! Foods' Slammers line of extended shelf-life, single- serve milk drinks are co-branded through exclusive partnerships with Masterfoods(TM), a division of Mars Incorporated(TM), Marvel Enterprises(TM)and MD Enterprises(TM) (Moon Pie ), providing superior name recognition packaged with quality, great-tasting drinks.
Slammers are now available at more than 30,000 stores nationwide, including such popular chains as: 7-Eleven, A&P, Associated Grocers, BI LO, Brunos, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly, Ralph's, Safeway, Sam's Club, Shaw's, Shop Rite, Speedway, SuperTarget, Unified, Waldbaums, Walgreens and White Rose.
For further due diligence please visit our website www.equityallianceint.com
;)
David,
Should help with the uncertainty. Good Luck. ;)
Bravo! Foods Signs Exclusive, Multi-Year Distribution Agreement With Coca-Cola Enterprises
PR Newswire - August 31, 2005 08:29
NORTH PALM BEACH, Fla., Aug 31, 2005 /PRNewswire-FirstCall via COMTEX/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified flavored milks, announced today that it has signed an exclusive, 10-year distribution agreement with Coca-Cola Enterprises (CCE), the world's largest marketer, distributor, and producer of bottle and can liquid nonalcoholic refreshments.
Coca-Cola Enterprises will begin distribution of Bravo!'s Slammers(R) in the fourth quarter of 2005 and initially carry eight SKUs, including Bravo!'s Slim Slammers(R), Pro-Slammers(TM), 3 Musketeers(R) Slammers(R), Starburst(R) Slammers(R) and Milky Way(R) Slammers(R). Bravo!'s Slammers(R) will be distributed nationwide through specific channels including, convenience retail, education, vending and small independent stores.
As part of the agreement, Bravo! will grant CCE 30 million warrants that are exercisable at $.36 cents per share. These warrants, if exercised within three years, provide CCE the opportunity to become a minority shareholder in Bravo!, entitling CCE to acquire 10% of Bravo's total authorized shares outstanding at a purchase price of $10.8 million.
Bravo! CEO Roy Warren said, "We are honored to partner with CCE. The single serve, flavored milk industry segment has grown considerably over the last several years despite the inherent constraints of traditional chilled dairy distribution systems."
Warren continued, "Slammers reinvent traditional milk drinks, providing great tasting, quality milk drinks that can be distributed with limited or no refrigeration. Slammers are packaged with shelf-stable technology that allows for long shelf life and ambient storage. This advancement allows the Slammers brand to become a serious competitor in the multi-billion dollar 'better-for- you' drink business, which is now the fastest growing segment of the beverage industry. There is no better partner to make this transition for Slammers than CCE."
John R. Alm, president and CEO of Coca-Cola Enterprises said, "Bravo! has a strong line-up of shelf-stable milk products, which we believe will be an excellent addition to our product portfolio. Our new partnership creates the opportunity to combine Bravo's unique brands with the strength of our distribution and selling system."
About Coca-Cola Enterprises
Coca-Cola Enterprises (NYSE: CCE) sells approximately 80% of The Coca-Cola Company's bottle and can volume in North America and is the sole licensed bottler for products of The Coca-Cola Company in Belgium, continental France, Great Britain, Luxembourg, Monaco, and the Netherlands. CCE employs 74,000 people who operate 431 facilities, 54,000 delivery vehicles and 2.4 million vending machines and beverage coolers. Last year, CCE distributed two billion cases or 42 billion bottles and cans of its products, representing 21 percent of The Coca-Cola Company's volume worldwide.
About Bravo! Foods
Bravo! Foods International Corp. (OTC Bulletin Board: BRVO) develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 United States, Mexico, Great Britain and various Middle Eastern countries. Bravo!'s products are available in the United States and internationally through production agreements with regional aseptic milk processors and are currently sold under the brand name Slammers(R).
Many of Bravo! Foods' Slammers(R) line of extended shelf-life, single- serve milk drinks are co-branded through exclusive partnerships with Masterfoods(TM), a division of Mars Incorporated(TM), Marvel Enterprises(TM)and MD Enterprises(TM) (Moon Pie)(R), providing superior name recognition packaged with quality, great-tasting drinks.
Slammers(R) are now available at more than 30,000 stores nationwide, including such popular chains as: 7-Eleven, A&P, Associated Grocers, Bi-Lo, Bruno's, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly, Ralphs, Safeway, Sam's Club, Shaw's, ShopRite, Speedway, SuperTarget, Unified, Waldbaums, Walgreens and White Rose.
For more information, visit: http://www.bravobrands.com or http://www.otcfn.com/brvo .
Contact: Roy Warren, CEO Bravo! Foods, 561-625-1411 or James Dryer, Investor Relations, 561-837-8057 or
[email protected] .
Safe Harbor under the Private Securities Litigation Reform Act of 1995:
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission.
SOURCE Bravo! Foods International Corp.
Roy Warren, CEO, Bravo! Foods, +1-561-625-1411; or James Dryer, Investor Relations,
+1-561-837-8057, or
[email protected], for Bravo!
http://www.prnewswire.com
Anyone have any comments on the rather weird opening? 19K of volume at 63, bid 68 ask 69. then, that 19tho grew to what? 150K 200K, all at 63, yet the bid ask remained at 68 and 69. I ran a buy order at 65, to test. at vol 50K. Left it until vol hit 200K. at 63. But no fill.
Why I bring this up is, how can you assess any chart action, if the MM's are playing games like this? I would not be surprised to see the stock close at the low 60's today. I am guessing they are shaking the tree, knocking out the weak hands. This is not TA. I guess it is Tales from the Dark Side of OTC. I would really like to see some chat on this, as my instinct is to run from such machinations. Don
I noticed the same thing.
At 0.69 bid/ ask stayed 0.69/0.69 in spite of big volume.
Going down the bid/ask changed immediately; at the moment it rests at 0.61/0.61.
Hmmmm...... BRVO is really tempting - I might jump on the bandwagon today.
But I have to ask a favor from the American members of the board: I normally like to test the product before I buy a stock. I have looked around in Africa but haven't found a single Slammer (We have a lot of Coke though - so I guess it is only a matter of time :D)
Will anybody on the board please go to the closest outlet and taste the product (shouldn't be too difficult as there are 30 000 POS) and then post a detailed description of the experience? (please also indicate if you are already a shareholder ;))
I will give a free beer in Mozambique to any helpful soul out there (http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=3312)
Mike
Here is why I will buy at much lower levels.
As part of the agreement, Bravo! will grant CCE 30 million warrants that are exercisable at $.36 cents per share.
Good luck !
Hi Fill the gap,
I think that is a very valid concern but you could also look at it like this: BRVO pay's CCE $7.2 million to get access to their distribution network, which consist of 54,000 delivery vehicles and 2.4 million vending machines and beverage coolers.
The bottom line is that I believe that BRVO will benefit from this agreement so I have bought at 0.605. I just hope the stuff tast nice - but i guess Coke tested that before they signed!
Michael
This sentence, "These warrants, if exercised within three years, provide CCE the opportunity to become a minority shareholder in Bravo!, entitling CCE to acquire 10% of Bravo's total authorized shares outstanding at a purchase price of $10.8 million.", to me, means that out of 110 million outstanding shares that Bravo has CCE will own 10%, which is 11 million shares at $10.8 million. And this means $1.00/share.
I believe 30 warrants = 11 million shares of outstanding 110 million shares.
I meant 30 million warrants = 11 million shares
Here is a link where you can track the days sales. http://www.otcbbtrader.com/portal/goto.dll?cat=1100&ticker=BRVO
Here is another link I found of slammers in vending machines, not sure if it is just test marketing, but it looks good.
http://www.imaginationoverdrive.com/slammers.htm
I sure thought this thing would gap up on this news.
time will tell.
Here is why I will buy at much lower levels.As part of the agreement, Bravo! will grant CCE 30 million warrants that are exercisable at $.36 cents per share.
fillthegap: I believe you have a very good chance to do that.
I guess, you are prepared to take the risk that you may not get to buy.
But I suspect that doesn't worry you. I know the warning, don't fall in love with the stock/company. I had my finger on the sell button at 69 and hesitated. Then, as luck would have it, I had it on the buy a bit later, at 63 and backed off. I have kept my powder dry. and will be buying again. My rule of thumb, is if I can buy at within 20% of a sweetheart deal, that is ok. So, my estimate is 36cent financing means x10/8 to me. That is 42. Then, another 10/8 to reflect some consideration for the MDA. That is 53cents. I would be very interested in where you see the support levels below todays close. This is the stuff I want to learn about. Thanks for sharing! Don.
Several things to cover here.....
First - MoMo in Italian in Italian means delusions of grandeur (or so I've been told)
Today I'm a MoMo because I bought in during the morning run up after the press release.
In the 15 Minutes after my purchase, I watched BRVO drop 15%
Second - Regarding the warrants, If this is like other warrant issues; CCE would be buying BRVO held shares - Not shares traded on the open market. There is no dilution of the shares because they already exist. The hit could come if CCE exercised the warrents and then sold them in the open market, but that's not how that plays out at that level. CCE would retain those shares or look to add if the Slammers start flying off the shelves because that would give them more leverage over the companies future (aka Seats on the Board of Directors).
Last - The only stores we have in the midwest that sell slammers are 7-11 Convenience stores.
I have Sons age 7 & 5 and while I've not bought Slammers, I have bought them a similar product made by Dannon in strawberry flavor. The 4 pack I brought home from the store was gone in 15 minutes (sorta like my buy of BRVO this morning ;D) - This isn't going to be a product the Adults gulp down but is aimed squarely at Mom to get for the kids.
Michael,
I found and bought some of the drinks at a local Shop Rite over the past weekend and gave one to each of my 4 kids and wife and I also drank one. I bought:
Milky Way Slammer - my wife drank
3 Musketeers Slammer - I drank
Chocolate Web (Spiderman) - 4 year old drank
Dark Strawberry (Electra/Daredevil) 12 year old drank
Red, White and Blue Vanilla (Capt America) - 3 year old drank
Starburst Strawberry - 7 year old drank
All drinks were pretty good. I would have tried some of the others but this is what they had on the shelf. Retail price was around $2.00 if I remember correctly and they were marked down on the shelf to around $1.29. At the cash register I paid $.99 each.
The Milky Way that my wife drank was pretty good with a little of the vitamin flavor in the aftertaste. I didn't care for the 3 Musketeers since it is low fat - you can tell in the flavor and the aftertaste. I have a sweet tooth so that wouldn't help the lack of fat and sugar in the drink. The other four drinks were all very good some with a slight vitamin taste but definitely plenty of sugar for me and the kids. The Red, White and Blue Vanilla was my favorite with the Chocolate Web being a close 2nd. My wife even thought they were all pretty good and she doesn't eat sweets like me and the kids.
The kids loved the packaging, which I expected. My 3 and 4 year olds are into Spiderman, Batman and Superman so they were excited to see the Spiderman container. I wanted to buy the Cookies and Green with the Hulk but they were out.
I took some pictures with my camera phone which I will post if people are interested. There was another brand of milk products (Hershey, I believe) on the shelf below but the Slammers were given much more space.
I will be checking the store when I am in the area for some of the other flavors.
Hope this helps!
Oh yeah, I am a shareholder and am not concerned with the downtrend in p/s. I don't have the time to trade like I would prefer so I try to buy companies that I feel comfortable holding for a long period of time. These guys have a great product, catchy packaging and so far must be marketing well to have the product in so many stores. This, the deal with CCE and the current trend away from soda products to healthier milk products leaves me with that warm fuzzy feeling I need to be able to buy and hold a stock long term.
The news release this morning is a little confusing about the warrants being issued to CCE. So I called James Dryer to clarify things. Here is what I got:
If CCE excise their warrants any time during the next three years, 30 million warrants will allow CCE to buy 30 million shares of BRVO stock at 0.36/share. BRVO has 300 million shares authorized, but 110 million issued (outstanding).
Because the 30 million shares will be from the company, not current share holders, 10.8 million cash will be going to the company too. So 30 million shares will be 10% of the authorized 300 million shares, but ~21% of the issued shares if they excise today (if they excise today, the issued shares will be 140 million shares). If they excise later, the percentage will vary depending on how many more shares are issued.
Hope this helps.
BRVO will hold a teleconference call on this MDA agreement to discuss details next Tuesday. We can all listen and ask questions during this.
Good, I think they'll be able to clarify why this deal is a good one!
The market seems to think Coke getting cheap shares devalues BRVO. Or maybe just bored by this deal, and run off to find something with more 'mo.'
If the cc doesn't jumpstart things, we'll be waiting for Coke's distro muscle to raise the top line.
>:(
Got this emailed to me
Bravo announced this morning that they have completed an exclusive,
multi-year distribution agreement with Coca-Cola Enterprises. The
stock opened at $.69 and immediately dropped to $.64 and is currently
getting certain funds out of the stock. When that selling dries up,
which should be very soon today, the stock should rise well above
$.70 and is looking excellent for the long term. I am projecting a
$2.00 stock within 6 months.
GE
--
____________________________
Geoffrey J. Eiten, Publisher
OTC Special Situations Report
300 Chestnut St, Suite 200
Needham, MA 02492
781-444-6100 ext 613
781-444-6101 fax
website: www.otcgsw.com
Technically David has ensured us that this is a safe bet (if such a thing exist!) but how does it look fundamentally.
Imagine if they following players teamed up:
- The owner of the world's strongest chocolate brands
- The owner of the world's largest distribution network of soft drinks
- The world largest dairy cooperative
And they came up with a unique concept for a flavored milk drink, which gives large distribution savings, and significant advantages for the retailer.
Well if you are holding shares in Bravo Food international you are now part of that Joint Venture.
One of the main shareholders in BRVO is Mid-Am Capital, The finance arm of the world's largest dairy cooperative. BRVO has today signed a long-term distribution agreement with CCE who owns the world largest distribution network for soft drinks and they produce flavored milk drinks under a co-branding agreement with Masterfoods USA the confectionary and snack food division of Mars Incorporated, with world famous brands like Milky way, Starburst and 3 Musketers.
The product they produce can be distributed without refrigeration and have a long shelf life and therefore give unique advantages for the distributor and retailer.
Coca Cola Enterprises are probably the most professional and experienced company in the soft drink universe and the agreement today probably better than anything express the long-term potential for this company.
There have been some discussions about the warrants issued to Coca Cola enterprises. The price was most likely agreed when the share price was at a lower level but even with todays POS I think it is a small price to pay for getting access to Coca Cola's distribution network. It is also important to remember that Coca Cola has already required options from existing shareholders to buy 69 million shares. Giving them options and warrant for 33% of the share capital. Enough to make sure that they will make the corporation work.
My interpretation of the changes in the distribution agreement is that Bravo refused to accept the price offered by Coca Cola for the additional 81 million shares. You could say Bravo Food actually managed to bully Coca Cola into accepting a less favorable deal. I am not sure I understand why the stock didn't increase on this background but instead dropped. But as said before you don't have to understand it to profit from it
Let me finally show the picture that convinced me that this was a unique investment opportunity:
Michael,
I'm glad you liked the picture I took. I had to drive 45 minutes on a rumor from my uncle that the vending machine existed at all. But it was worth it!! My sense of whether CCE was for real with BRVO disappeared when I saw them. I usually wont quote someone else but in relation to the sell off today, this may shed a bit more light on who was doing it. This quote is from RB forum, after someone spoke with Investor Relations.
"Just spoke to investor relations. They're very excited by the CCE deal. A CC will be done next week, an announcement of such will be made later today or tomorrow. The downside today is the final clearing out of the Convertibles, i.e., the 12 investor funds that financed Bravo's operations previously and that were a part of the original CCE deal (they also had 20M shares issued to them). They wanted to lock in their profits (cost bases were .12-.15/share) and they're just about finished doing that. This is the LAST bottom we'll probably see in Bravo. We'll see a rise in the PPS soon, but with a broader base without the dominance of these funds. They want to cash in their profits (for all sorts of reasons)."
Dear Gromitron, Raymat and Basonista,
Thanks a lot for all your efforts. Imagine what a forum we have here:
One member drives 45 minutes to take a picture and share it with the rest of us. Another member calls the IR and take the time to inform all of us and finally Basonista use a small fortune to buy Slammers for the whole family and not only make them happy but also contribute to the EPS to the benefit of all BRVO share holders!
One question for Basonista - how do you think the 3 Musketeers Slammer will taste with a sip of Cognac? (trying to do some Business development here ;))
Mike
I guess with a little alcohol, it would be like a Kaluah Mudslide (which they sell, cold, in Slammer type bottles, in several liquor stores in the NE). It would surely generate some more interest:
"Get Slammed with Slammers"
SWTS.pk, btw are planning to go national.
Hmmm, Cognac..... <--- doing my best Homer Simpson impression.
Actually, I'm more of a tequila man although I have enjoyed a Grand Marnier, Cognac and Sambuco or two. Cognac plus a Slammer sounds like a winning combination to me! 8)
What would go good with tequila... Let's see. A Tequila Sunrise could become a Tequilla SunBurst (using Orange Starburst). A Strawberry Marguerita could become a Strawberry Slamarita (Strawberry Starburst). You could mix one of the Slim Slammers and call it a Slim Mexican.
For other drinks you could add a chocolate Slammer with any of the coffee drinks and come up with a Dirty Irish Coffee or Black and Slam Russian! Wow, the possibilities are endless!!! I think you guys are onto something! >:D :o
I was in the run up of BRVO from low $0.6 to $1.2. I remembered listening to the CC and the CEO was doing the following calculation of the company's valuation.
He was assuming $50M sales (not sure if it's going to next year or 2007), and 100M shares. He used 3x of sales to come at $150M valuation, which gives the share value $1.5.
The 1st deal from CCE sounded like massive dilution and the uncertainy was a bit too much so I sold at $1.1 when I had the chance.
Today, we are still at ~100M shares oustanding (although the shares authorized is probably 2.5x). We have the greatest brand name on the earth and the largest soda distributor in the world as the partner/share holder. I bought some of my shares back last week at the dip and doubled my shares today.
The flavored milk market that BRVO is at is $2B. You have to think BRVO can legitimatlly capture, say 10% of the market with CCE. This puts sales at $200M/yr and market cap at $600M+ (assuming 3x of sales). This gives $6/share assuming 100M O/S shares, or $2.5/share assuming 250M authorized shares (if all authorized shares are issued, which is probably unlikley). Either way, the uncerainty is gone and we will be able to particpate a great run up.
It's great that Michael joined us on this BRVO venture. I'm sure this thread will get even more interesting now (it is already the most read thread on 3 Stocks on Fire).
Also great posts from other members ... it's a pity I have just a few minutes to dedicate to each update today.
I can't find the post now, but I've read what can be a very plausible explanation for why BRVO doesn't zoom up immediately. Remember the 12 shareholders that sold options to CCE for CCE to buy about 69 million BRVO's shares at $0.36? They were not mentioned on this update on the deal. Probably CCE isn't going to buy those shares from them anymore, just the 81 million issued from BRVO, at the same $0.36 it was going to pay to those 12 existing shareholders.
Perhaps some of them are selling shares in the open market, hence the selling pressure and that's why the stock isn't rising as we thought.
Anyway, this selling pressure is temporary and as soon as it ends fundamentals will drive BRVO's shares higher. I will continue holding the stock, no matter what happens in the short term.
David,
I think you are wrong here. In the 10Q it is stated:
QuoteOn July 13, 2005, Coca-Cola Enterprises, Inc. acquired options to purchase shares of common stock, convertible securities and warrants, entitling Coca-Cola Enterprises to purchase approximately 69,000,000 shares of common stock from 9 non-affiliated shareholders of the Company (the "Options"). The common stock and other securities underlying the Options represent approximately 23% of the authorized shares of the
Company's common stock. The exercise of the Options by Coca-Cola Enterprises is contingent on the completion of due diligence and the execution of a mutually satisfactory definitive master distribution agreement.
It seems to me that this is a done deal as we most assume the DD was successful. This has nothing to do with the company they would therefore not necessarily provide any further updates.
If I am right they will have options and warrants for 99 million shares which effectively could give them control over the company. I think this in addition to an disagreement on the price for the additional shares is the reason why the agreement was changed and I consider this very bullish. It would be a good question for the conference call though!
The stock opened at $.69 and immediately dropped to $.64 and is currently
getting certain funds out of the stock. When that selling dries up,
which should be very soon today, the stock should rise well above
This was a quote from an OTC newsletter service, posted by Snocat (tks!).
I have heard ( second hand and not corraborated) that Longview was the big seller.I guess they were unable to avoid the temptation of making a 5 bagger (their converted cost was 12/15cents).The size of their holding was in a SEC filing, but I can't find it right now. I suspect that there may be other large sell offs as the stock advances from these levels. But it will advance, in time, no doubt in my mind. Holding my core investment.
Michael, you have a different interpretation of whether there are any such large non-affiliated shareholders. As you suggest, the CC will be the place to clear this. Don.
Quote from: don on September 01, 2005, 10:06:34 AM
Michael, you have a different interpretation of whether there are any such large non-affiliated shareholders. As you suggest, the CC will be the place to clear this. Don.
Nope. I agree that there are a large number of shareholders with shares, options and warrants even after the CCE deal, who are setting on a +500% profit and I can understand if they decide to take some money of the table now when the deal is signed.
What I said was that Coca Cola acquired 69 million shares on July 13. The only condition was that they concluded a successful Due Diligence and that the distribution agreement was signed. As fare as we know both these conditions were fulfilled. I am therefore convinced that CCE has acquired the shares. After all why would CCE cancel an agreement, which would give them a 100% profit?
The difference between the shares CCE acquired from existing shareholders and the 81 million shares that they initially was offered by the company is that here the agreement was not signed and I believe that Bravo simply told CCE that they were not ready to give them 81 million shares at a huge discount and the compromise was that CCE got 10 million in order to sign the distribution agreement.
I might be wrong and it certainly would be nice to get it clarified.
Mike
Understood, Michael; and yes, agreed that we do need clearance on the total numbers (a) issued and (b) held by CCE.
I understand that Longview converted 1.6 million shares whose cost was only .125/share.
Rather than act responsibly on the nice gap up on the MDA news, and releasing the shares into the buying pressure, they just dumped them.
I understand also,that they have 3-4 million more "convertibility", but were not intending to sell at this time. Don.
The management gave CCE too much discount for the shares and current shareholders are not happy with it.
If I am a shareholder and saw the company gave almost 50% discount to another company even a partner, I will not hold my shares.
The stock may drop to $0.26-$0.36 level.
Just my opinion.
hey guys,
I enclosed a link showing the letter cce sent to each one of the 12 terminating the option to take their shares. When they stopped trying to get 50.1% they terminated the options to take their shares.
http://edgar.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=3873389&Type=HTML
Thanks Gomitron
That setltes this issue and it can certainly explain the sell pressure today!
I still think this is a great investment, but we might have to wait a little longer until these shareholders have sold out!
OT--- That settles it my chihuahua loves Slammers. I'm staying in!
Bravo! Foods International to Host Conference Call
PR Newswire - September 02, 2005 08:23
- CEO Roy Warren to Discuss Significant Recent Developments -
NORTH PALM BEACH, Fla., Sept 02, 2005 /PRNewswire-FirstCall via COMTEX/ -- Bravo! Foods International (OTC Bulletin Board: BRVO), a brand development and marketing company that manufactures, promotes and distributes vitamin-fortified, flavored milks, announced that it will host a conference call on Tuesday, September 6, 2005 at 4:00 p.m., EDT, to discuss significant developments at the Company, including its recently signed, master distribution agreement with Coca-Cola Enterprises Inc.
Bravo! CEO Roy Warren said, "As we move forward in this next stage of development, interest in recent progress and our strategy is growing. We look forward to providing a full update on recent progress and answering questions for shareholders about the evolving Bravo! story."
To participate in the conference call, dial 877-407-8035. International callers, please dial: 201-689-8035.
This call is being webcast by Vcall and can be accessed at Bravo!'s investor relations web site: http://www.otcfn.com/brvo or at: http://www.Vcall.com .
A recording of the call will be available until September 7, 2005. To hear this recording, dial 877-660-6853 (International: 201-612-7415) and enter account number 286; conference identification number 167865.
About Bravo! Foods
Bravo! Foods International Corp. (OTC Bulletin Board: BRVO) develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 United States, Mexico, Great Britain and various Middle Eastern countries. Bravo!'s products are available in the United States and internationally through production agreements with regional aseptic milk processors and are currently sold under the brand name Slammers(R).
Many of Bravo! Foods' Slammers(R) line of extended shelf-life, single- serve milk drinks are co-branded through exclusive partnerships with Masterfoods(TM), a division of Mars Incorporated(TM), Marvel Enterprises(TM) and MD Enterprises(TM) (Moon Pie(R)), providing superior name recognition packaged with quality, great-tasting drinks.
Slammers(R) are now available at more than 30,000 stores nationwide, including such popular chains as: 7-Eleven, A&P, Associated Grocers, Bi-Lo, Bruno's, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly, Ralphs, Safeway, Sam's Club, Shaw's, ShopRite, Speedway, SuperTarget, Unified, Waldbaums, Walgreens and White Rose.
For more information, visit: http://www.bravobrands.com or http://www.otcfn.com/brvo .
Contact: Roy Warren, CEO Bravo! Foods, 561-625-1411 or James Dryer, Investor Relations, 561-837-8057 or
[email protected].
This conference call probably is a sign of good things to come.Shouldn.t this stock head higher from here? Wednesday(day after conference call) we should see a big bounce,no?
Rumor is that longview is dumping stock, and that ask are lined up down to 50 cents.
I don't have level 2, so i can't verify. If so may be a good time to break open the piggy bank.
Rumor is that longview is dumping stock, and that ask are lined up down to 50 cents.
I don't have level 2, so i can't verify.
For level 2: go to <http://www.otcbb.com/asp/Info_Center.asp>. remember to use the
left hand hot buttons, to get your level 2. The headline level 2 doesn't work. (for me, anyway).
Fama erat: Watch GNET and/or JEFF on the ask. they may be representing institutional sales.
Level 2 currently shows These guys on the bid and ask, interesting gaps. This stock does not trade normally, imho. I have watched several times where the last trade price struck was at a higherr price than the ask. Implies manipulation/box. imho, Don.
Let's take this quote from my last update on BRVO:
QuoteI can't find the post now, but I've read what can be a very plausible explanation for why BRVO doesn't zoom up immediately. Remember the 12 shareholders that sold options to CCE for CCE to buy about 69 million BRVO's shares at $0.36? They were not mentioned on this update on the deal. Probably CCE isn't going to buy those shares from them anymore, just the 81 million issued from BRVO, at the same $0.36 it was going to pay to those 12 existing shareholders.
Perhaps some of them are selling shares in the open market, hence the selling pressure and that's why the stock isn't rising as we thought.
Anyway, this selling pressure is temporary and as soon as it ends fundamentals will drive BRVO's shares higher. I will continue holding the stock, no matter what happens in the short term.
Now it seems perfectly clear that CCE didn't exercise those options (they said their cost was about $15,000 dollars, so that's what they lost from giving up the deal - you can find info about this issue back on this thread) and at least some of those 12 shareholders, if not all, are selling shares in the open market.
This explains why the stock is going down so hard, despite the fundamentals that are great. Why are they selling? Because they bought those shares at around $0.125, at current market prices they are sitting on a huge profit ! Now, having a huge profit isn't a valid reason to sell, but many people, most people, do that ::)
Logic says that when they are done selling the stock will recover fast to its fundamental value, which I believe is much higher than $0.60.
But we have to be fair to technical analysis and Melf Elf here. The chart was right, at least on the short term, let me applaud and congrat Melf Elf.
Though the trend is down, I will continue to hold BRVO. I'm pretty sure on my fundamental analysis of the stock, I've been following it and even dreaming about it for some months now. The news Aussietrader posted are a good sign that the management is confident and is delivering everything as planned, I see no tricks here, just a small company trying to get on the Premier League (an European term).
Good luck for those holding BRVO, the short term can be hard as those shareholders with great profits sell, but the long term is sunny :D
Applauds to Melf (yes, burned my fingers, at .60, you elf!).
Selling pressure update: GNET/JEFF ; BOTH ASKING 54 BIDDING 50.5
My understanding is that these 2 houses represents maybe 3mill plus shares that will sell, as I say, at a 5 bagger profit. There are just not enough buyers. Melf knows the bottom. Tell us, you magic man! Don.
Based on guidance for 4Q of $6M and the sales multiple of 3 which Roy uses and fully diluted number shares of 250 Million,
then annualized revenue ~ 25M
Hence PPS = 75/250 = 30 cents
So based on current information it should hover around 30 cents! That's one of the reasons the investors are selling the shares.
Frankly speaking BRVO could have done a better job of the investment structure for CCE. For example, a better deal would have been, 10 million shares at 36 cents which would mean that CCE made a downpayment for ownership and BRVO would get cash of $3M. Then the remaining 20M should have been warrants convertible at 70 cents (the then market price of BRVO shares). just my 2 cents.
On the brighter side next year could year could be a fantastic year!!
So based on current information it should hover around 30 cents! That's one of the reasons the investors are selling the shares.
With all due respect, Starfire, that is the most rudimentary of analyses. It does not do justice to your capabilities, nor to the participants of this forum, imho. Don.
I would rebut - but it is midnight here, so I will leave it to one of the daytimers to address our concerns, hopefully. Don.
Today I bought:
BRVO.OB - $0.54 selling is over?
HOM - $3.27
SNUS - $4.65
SVA - $3.18
SYNC - $4.22
Did not buy SFP - high debt, 457 mill and interest payment is 13 mill per quarter and is lossing money.
But my biggest buy is SSTI - semi stock.
Quote from: don on September 02, 2005, 12:50:29 PM
So based on current information it should hover around 30 cents! That's one of the reasons the investors are selling the shares.
With all due respect, Starfire, that is the most rudimentary of analyses. It does not do justice to your capabilities, nor to the participants of this forum, imho. Don.
I would rebut - but it is midnight here, so I will leave it to one of the daytimers to address our concerns, hopefully. Don.
Don, when Mel first came out with the 'bear channel walk', I was in two minds, can this be true?, how can this happen when CCE has 50.01% ownership. I was convinced then, that this would not happen as CCE has majority ownership. Having ownership in the company can make a whole lot of difference! Now CCE does not have ownership at all!! All they have is 10% A/S warrants. They can convert if they find value in BRVO! Why did they back out?? We'll find out next tuesday 4pm EST (US)!
And to finish my line, the most profound statement that I have learnt, since joining 3SOF is
"...what goes up parabolically will come down parabolically"
I don't have a position and I will not have one till it goes back up to a $1 or CCE converts its warrants.
Good luck to everyone.
MDA - released after market close.
If I could distribute the product "in the entirety of the United States, all U.S. possessions, Canada, Belgium, continental France, Great Britain, Luxembourg, Monaco and the Netherlands, as well as any other geographic territory", and "is obligated to use all commercially reasonable efforts to solicit, procure and obtain orders for the Company's products, and merchandise and actively promote the sale of such products in the Territory", I would demand to pay $0.37/shr like CCE did. Since I could not, I'd be happy to settle with $0.6/shr, knowing it was $1.2/shr before the Coke deal was announced.
-Louis
---------------------------------------------
2-Sep-2005
Entry into Material Agreement
Section 1.01 - Entry into a Material Definitive Agreement
On August 30, 2005, The Company entered into a Master Distribution Agreement (the "Agreement)" with Coca-Cola Enterprises Inc.(CCE) for the distribution by CCE of the Company's flavored milk drink products in the entirety of the United States, all U.S. possessions, Canada, Belgium, continental France, Great Britain, Luxembourg, Monaco and the Netherlands, as well as any other geographic territory to which, during the term of the Agreement, CCE obtains the license to distribute beverages of The Coca-Cola Company. The appointment of CCE as the exclusive distributor for the Company's products is effective August 30, 2005, has an effective distribution date of October 31, 2005, and an expiration date of August 15, 2015. CCE has the option to renew the Agreement for two subsequent periods of ten additional years.
Under the terms of the Agreement, CCE is obligated to use all commercially reasonable efforts to solicit, procure and obtain orders for the Company's products, and merchandise and actively promote the sale of such products in the Territory, as defined in the Agreement. The Agreement establishes a comprehensive process for the phased transition from the Company's existing system of distributors to CCE, dependent upon distribution territory, product and sales channels. The parties have agreed that CCE will implement its distribution on a ramp-up basis, with the initial distribution commencing in the United States on or about the October 31, 2005 effective distribution date. CCE's distribution in other Territory areas will be dependent upon, among other things, third-party licensing considerations and compliance with the regulatory requirements for the products in foreign countries.
The Company has agreed to provide strategic direction of its products; maintain sales force education and support; actively market and advertise its products and design and develop point of sale materials and advertising. The Company also is responsible for handling consumer inquiries; product development; and the manufacture and adequate supply of its products for distribution by CCE. The terms of the Agreement require the Company to maintain the intellectual property rights necessary for the Company to produce, market and/or distribute and for CCE to sell the Company's products in the Territory. The Company is obligated to spend a fixed dollar amount in the remainder of 2005 and 2006 on national and local advertising, including actively marketing the Slammers trademark, based on a plan as mutually agreed each year. Beginning in 2007, the Company shall allocate an amount per year for such activities in each country in the defined Territory equal or greater than an agreed upon percentage of Company's total revenue in such country.
Under the Agreement, CCE has the right of first refusal to distribute any new products developed by the Company, and the Agreement establishes a process for the potential expansion of CCE's distribution of the Company's products to new territories. Either party may be terminate the Agreement for a material breach, insolvency or bankruptcy and CCE may terminate for change of control by the Company, material governmental regulatory enforcement action or threatened governmental action having a material adverse consumer or sales impact on the Company's products, and upon twelve months notice after August 15, 2006.
what goes up parabolically will come down parabolically
yes that is worth an entire years subscription.
I was prompted to call your valuation model rudimentary, only because it was made without knowing what we can (and need to) llearn from next Tuesdays' CC. Having read the 8K, we know now there will be no 'non-CCE sales'. What we do not know, yet, are:
1. the minimum CCE sales volumes guaranteed under the MDA,
2. sales cost %, profit margins for Bravo,
3. update on float.
Once I have this information,together with Roy's guidance, I believe one can make a decent stab at forecasting Bravo eps, going forward into year 2 of the MDA (that would be 2007). Don.
ShawFund, you posted The management gave CCE too much discount for the shares and current shareholders are not happy with it.If I am a shareholder and saw the company gave almost 50% discount to another company even a partner, I will not hold my shares.
The stock may drop to $0.26-$0.36 level.Just my opinion.
I am curious to know what caused you to buy at .54? That took some balls. Don.
Well I am happy to say I am back in. Bought in the .55 cent range. When I got out over a month ago i was really hoping they could work things out. It is nice to be in a stock where their products taste so good... lol The 3 Musketeers and Milkyway slammers are delicious.
I am here for the long haul now and wont worry about little ups and downs!!
Good Luck to All and have a wonderful Labor Day weekend...
Lets all remember those suffering this weekend in the wake of Katrinas devistation...
Hi, Don:
Just day trade on BRVO.OB. Bought 50k at $0.54 and sold it at $0.585 before market close. $0.60 now becomes the resistance for short term chart.
I would like to know David's trade plan for this one before committing my long term money.
Is this a long term holding for at least one year or at least it is above $1.00?
Is there any stop-loss plan for this one?
No matter how well our analysis is, the market is the king.
Quote from: starfire on September 02, 2005, 02:36:03 PM
Don, when Mel first came out with the 'bear channel walk', I was in two minds, can this be true?, how can this happen when CCE has 50.01% ownership. I was convinced then, that this would not happen as CCE has majority ownership. Having ownership in the company can make a whole lot of difference! Now CCE does not have ownership at all!! All they have is 10% A/S warrants. They can convert if they find value in BRVO! Why did they back out?? We'll find out next tuesday 4pm EST (US)!
I hope the following convinces you to hop on before the call! Since reading this, I CANNOT STOP SMILING! :) :D ;D
This post is swiped from:
http://messages.yahoo.com/bbs?action=m&board=12406917&tid=dor&mid=17100&sid=12406917
SEE ABOVE FOR THE FULL CORRESPONDENCE. What follows is an email response from BRAVO CEO Roy Warren:
Quote
The warrants were issued to CCE as a function of a renegotiation from their demand that we sell them 50% of our shares for $38mm. While we wanted to get the MDA there was no way we could accommodate them due to our share count and authorized shares. They found 9 shareholders that agreed to sell them 69mm shares at $.36 if we would sell the balance of our authorized shares at $.16 cents which gave them 150mm shares of our total potential 300mm shares outstanding at the end of the day.
When CCE backed away from their requirement to buy this stake in return for the MDA we renegotiated the equity interest to a 10% stake in the form of warrants at $.36 cents. Certainly Bravo received enough value from this vast distribution system to justify that potential stake.
I can find no logic to validate your view that the our shares should trade down to the strike price, it just doesn't make sense. The shares will trade based upon sales and earnings progress and some multiple based upon the market appetite at any given time.
My view of the share drop is more basic. When CCE renegotiated and released the sellers from their 36 cent commitment, they freed them up from the obligation to sell shares trading over $.90 cents for $.36 cents. That became "found" money and as professional hedge fund managers they began to sell immediately and I believe have sold virtually all of the shares they had committed to sell. The largest shareholder of the group is a long term shareholder and is not selling, but over 22mm shares became actively for sale. More sellers than buyers thus the price declined.
I will be as clear about our deal and future as possible during the call but I simply don't view your concern about the incentive warrants to CCE as being relevant to the share trading price, now or ever, unless they decide to exercise and sell one day. That possibility is not only unlikely but not possible for over 6 months.
Thanks for your thoughtful note. While I don't buy your point of view, I certainly appreciate your interest in our company and am pleased by your support and interest as a shareholder. You can fully expect Bravo management and board members to do what we can to maximize value in our company to benefit you and all our shareholders.
Thanks again for the note. RGW
THIS IS MANAGEMENT TO LOVE!!! ;D
Quote from: robt on September 03, 2005, 02:47:31 PM
My view of the share drop is more basic. When CCE renegotiated and released the sellers from their 36 cent commitment, they freed them up from the obligation to sell shares trading over $.90 cents for $.36 cents. That became "found" money and as professional hedge fund managers they began to sell immediately and I believe have sold virtually all of the shares they had committed to sell. The largest shareholder of the group is a long term shareholder and is not selling, but over 22mm shares became actively for sale. More sellers than buyers thus the price declined.
Thanks a lot for this find Robt! Once again David analysis were right on the spot. Also nice to see that the changes in the MDA was a result of a disagreement about the price.
Thanks as well to Louis for posting the MDA.
Everything I read about the agreement with Coca Cola and the company in general makes me more convinced that this is going to be a great investment.
BRVO has managed to penetrate a highly competitive market dominated by companies like Dean Foods and Nestle.
Their revenue grew from Q1 to Q2 from 0.9 million to 2.4 million and they have build a Distribution network with more than 20 000 point of sales.
There are two key success factors in this industry and that is Branding and Distribution and the company has performed flawless on both of these
Branding
- They have acquired the right to some of the strongest brand like Milky Way and the Marvel Superhero's
- Each product line is targeted to a specific segment
- Professional packaging developed with Tetra pack
Bravo! Covers most of the larger segments in the Soft Drinks market: Superhero's for Children, Starburst for teenagers, Slim Slammers for the weight conscious, Pro Slammers for the sports enthusiasts and Milky way for the rest!
DistributionThe agreement with CCE will not only represent significant savings for Bravo! but also significant increase the penetration of the product. I think CCE has been desperate to get back to the schools and Bravo! is already there
They are actively seeking to expand their international distribution by Alliances
The product offers unique advantages for both the distributor and the retailer
If you combine the strong brands, aggressive marketing, strong distribution, increased penetration, international expansion it ads up to a rapid increase in revenue.
It is important to remember that Bravo! is a pure marketing company with JasperProducts responsible for production and now CCE responsible for distribution. The increase in revenue will therefore not result in new investments in production and distribution but rather translate to increased profitability starting from Q4 when CCE starts the distribution.
The issue about existing shareholder taking profit has been well covered previously I only want to add that these shareholders are investors like the rest of us. They have already shown that they believe in the company when they bankrolled it and even though they might want to take some money off the table they are not going to sell for any price and certainly not at the strike price for CCE's warrants.
If Roy G. Warren is correct in his assessment they might already have reduced their holdings to the desired level and the buying interest will start taking the stock higher. :D
I am in for the long run. I will own Bravo when they turn profitable, when they get listed on AMEX, when they start distributing in China, when they sign new co-branding agreements etc. etc.
I think many smart money are waiting on the sideline to see if the 9 shareholders have sold out or not. If this is true, then up we go!
-Louis
Some excellent posts (and digging!!). I try to not load Roy's email box. But here is an email I sent, have had difficulty with delivery, so, not sure if it has been received at Roy's email. I would appreciate someone asking for clarity, during the CC, on the following point. tia, Don.
Dear Roy: congratulations on the successful completion of your negotiations.
I may not be able to participate, due to the time zone I live in (Thailand) but I will certainly check in to review the recorded Conference Call, scheduled for this coming Tuesday.
I have reviewed the Form 8K, which the company filed on September 2nd.
I do appreciate that your legal team and you are fully competent. But, may I point out one matter which concerns me?
Let me quote you a section of the form, with the area of my concern emphasized in bold.
Either party may be (sic) terminate the Agreement for
1. a material breach,
2. insolvency or bankruptcy
and
CCE may terminate for
1. change of control by the Company,
2. material governmental regulatory enforcement action or threatened governmental action having a material adverse consumer or sales impact on the Company's products,
and
3. upon twelve months notice after August 15, 2006.
The word and is critical.
This is ambiguously worded. It could mean either of two things:
(i) CCE may terminate for any one of two defined events occurring, but it cannot do so until after August 15, 2006 and after it gives 12 months notice.
or
(ii) CCE may terminate any one of three events occurring.
I would imagine that it is your understanding that the agreement should mean (i).
I do not think that it is your wish that CCE could terminate, by giving 12 months notice, on August 16, 2006.
I am quoting from what is just a SEC form. The legal agreement is a different document.
However, if your legal advisors have allowed this wordage to remain as a clause in the legal agreement, your interests have not been best served, in my humble opinion.
Sincerely,
This is my first posting here and I hope I do not offend anyone and that I can offer a different angle to what has been said in previous postings. I also have a few questions that someone might have knowledge of.
-----------
The last post is interesting in that I have never read to many 8-k forms in order to know what the legal wording is for most contracts of this type.I'd bet it is to cover themselves against any eventuality and is normal procedure for this type of associaition unless otherwise known.
.
I cannot see why CCE would in any way want the co. to come into harmsway for any of the conditions setforth in the contract.They are not in this to see BRVO to fail and will be pushing to see them become an internationally recognized brand with sales and revenue growth.
For investors and traders it is important to remember that the clause is based on a years time frame starting from the time of the contract.So that gives CCE a year to develop and see where BRVO's product will develop,which markets they wil have the most impact in and proceed with a strategy from there.
-------------------
The CCE shares at this stage are a non issue because they are not going anyplace which is what normally happens when a deal like this is struck.
--------------------
Ransom Group I bet has a lot invested in the co. also because they took control of their marketing and are the ones that attracted CCE to the contract I think. They also do marketing and design work for the following cos.
Company
» Bravo
» Coca-Cola Enterprises
» High-Tech Special Effects Inc.
» Jimmy Dean
» Marvel Comics
» Sara Lee
» Schering-Plough
» The Ransom Group
» Warner Bros.
---------------------
I have a few questions that maybe someone might be able to answer here:
*What might be the new projections numbers be with all the new Distribution contracts listed in PR's in the last few months?
*How many shrs are on the open market?
(WIth this agreement and the CCE SHares Mrket Watch reports the Shrs.Out as being 110.8MilShrs. Is that still correct and the CCE and other shares are not part of the Public Float.I do not understand how that works)
*Is there any contemplation of a reverse split going on which could be the reason for the pps action?
(This question I hate to even think about as it always has a negative effect until well after it takes place and I cannot see the co. doing it ,but it was mentioned by another poster someplace so I thought someone might have an opinion.)
*Does anyne remember what Snapple had when they went public for Shrs.Out and what the valuations was for an opening day shareprice?
(Snapple is about the closest thing I can realte this co. to from memory )
*Does anyne know what kind of stake The Ransom Group has with BRVO?
Thanks for any help you can give me conserning the questions I have.
Just as a side note:
JSDA has a similar Float before the CCE deal and with the new distribution they would easily out perform them and their pps is over $5 at the moment.So that gives Investors something to look forward to,but I must say this CCE deal is mindboggling for myself to try to figure out as far as where the cos. pps is heading with all the shuffling going on.
The CEO tried to assure one investor in a letter that the pps share would not reach the .36\shr. level and could not give a reason for the current upheavel in price. I really cannot not believe the CEO would not know what was going on as far as his cos. shares activity is or why the negative reaction from the market which really puts me at odds with the co. at the moment.
A deal of this natuire and the press it has had in recent months would have the opposite efffect if it were any other co.,but this one seems to be a Skim job to make the rich more money and to have the small investor wondering what is happening. The truth is in the details ,but there are so many that it takes a WallSt. accountant to figure out what is happening and we don't have all the info.
Very frustrating issue or position to hold at the moment. Long term I imagine the truth will be told,but not until the Big Players get theirs.
Good luck to holders of BRVO,we might need it with the way the pps is reacting! I'm sorry for all those that are in at a higher pps level then it is at present .I think the co. has done a superb job of blowing any reasonable investor confidence even with a deal that could make them millions,but at present seems to sink the value of the share price to lower levels with every PR and CC they have.
I wonder what gems they have in store for us this week.I'm almost afraid to think what might happen by friday.It could sink to the .12\shr. level with another distribution deal or with whatever the CEO has to say.
By the looks of things he should shut his mouth and allow the street to move the stock without the aid of any press.
Quote
The CEO tried to assure one investor in a letter that the pps share would not reach the .36\shr. level and could not give a reason for the current upheavel in price.
The CEO absolutely DID explain the price upheaval, and his explanation was exactly what David estimated it was in his post upthread:
Quote
My view of the share drop is more basic. When CCE renegotiated and released the sellers from their 36 cent commitment, they freed them up from the obligation to sell shares trading over $.90 cents for $.36 cents. That became "found" money and as professional hedge fund managers they began to sell immediately and I believe have sold virtually all of the shares they had committed to sell. The largest shareholder of the group is a long term shareholder and is not selling, but over 22mm shares became actively for sale. More sellers than buyers thus the price declined.
Couldn't be more lucid! What questions about the share price remain to be addressed? Did you think the market was supposed to bid shares up even as millions of shares were being sold?
With the Coke distro deal in place, and the institutional selling done, the way is clear for the market to make up its mind about Bravo's share value. Some might be reluctant to buy because of last week's action, but I think the cc will clear the air considerably.
Somebody speculating about a reverse split is only somebody speculating. I can speculate, too -- my speculation says that shares are going to gain in value. So why reverse split? Doesn't seem likely or necessary.
As to Don's question about the contract, of course Coke has the right to terminate the deal at will, with generous notice. Slammers are proven in the marketplace, but not in the Coke product mix. Coke's distribution network is no minor thing; the slim possibility that Slammers won't perform for Coke exists. They'd be idiots to omit any means of exiting.
As for Bravo, how does this arrangement serve them poorly? They aren't putting themselves out in any way, just doing business as usual while Coke is about to do a full-court press for their product. In the unlikely event that Slammers and Coke aren't a good marriage, it's a handshake and goodbye; Bravo regains full control of the product and has 12 months to make other distro arrangements. How would it be preferable for both parties to be trapped in a non-working marriage?
I answered the questions that I had an answer for, and I disagree with your opinion that I "attacked" you. I only asked you what questions remain unanswered regarding the share price.
Sure, it is upsetting to see share price fluctuate, especially downward; my own cost basis is about sixty cents.
But this is what is going to happen when a small outfit negotiates with an 800-lb gorilla -- people bid the price up anticipating the Coke deal, went into doubt about it when the deal changed, and then met with massive selling by the hedge funds. Given the circumstances, I don't see how the company could stop the speculative boost in share price, or prevent the subsequent deflation, short of advising all shareholders that hedge funds were about to sell, please everybody get out of the pool...I don't think that would prove helpful should they ever seek financing from anyone ever again!
As to the float, yes there are things to worry about, though I think the upside outweighs the risk. The following is from the "risk" section of the share registration document filed by Bravo near the end of July:
======================================
There Are a Large Number of Shares Underlying Our Convertible Debentures and
Warrants That May be Available for Future Sale and the Sale of These Shares May
Depress the Market Price of Our Common Stock.
As of July 11, 2005, we had 95,577,713 shares of common stock issued and
outstanding and convertible debentures outstanding that may be converted into an
estimated 75,000,000 shares of common stock at current market prices,
outstanding warrants to purchase 54,000,000 shares of common stock and options
to purchase 2,412,381 shares of common stock. In addition, the number of shares
of common stock issuable upon conversion of the outstanding convertible
debentures may increase if the market price of our stock declines. All of the
shares, including all of the shares issuable upon conversion of the debentures
and upon exercise of our warrants, may be sold without restriction. The sale of
these shares may adversely affect the market price of our common stock.
The Issuance of Shares Upon Conversion of the Convertible Debentures and
Exercise of Outstanding Warrants May Cause Immediate and Substantial Dilution to
Our Existing Stockholders.
The issuance of shares upon conversion of the convertible debentures and
exercise of warrants may result in substantial dilution to the interests of
other stockholders since the selling stockholders may ultimately convert and
sell the full amount issuable on conversion. Although the selling stockholders
may not convert their convertible debentures and/or exercise their warrants if
such conversion or exercise would cause them to own more than 9.99% of our
outstanding common stock, this restriction does not prevent the selling
stockholders from converting and/or exercising some of their holdings, selling
these shares and then converting the rest of their holdings. In this way, the
selling stockholders could sell more than this limit while never holding more
than this limit. There is no upper limit on the number of shares that may be
issued which will have the effect of further diluting the proportionate equity
interest and voting power of holders of our common stock, including investors in
this offering.
As to projections, in an 8k filed 8/15, it was stated:
As a result of rising sales, the Company announced that, in addition to
plans to increase the present domestic capacity of 2.5 million units per
month for Slammers(R) beginning in September of 2005, with additional
capacity increases expected in April 2006 to 7.5 million units per month, the
Company and its production partner Jasper Products are contemplating the
addition of a Shibula production line in the Fall of 2006, that will increase
Jasper's capacity for Slammers(R) production to 16 million units per month.
The Shibula production line has a start up operational lead time of
approximately 12 months.
That's a 6.5 multiple of current production, and these figures were derived before the Coke deal.
The Ransom Group appears to be a very small (7 employees) design and ad shop, located in Tennessee. I'm under the impression Bravo is just a client, what makes you feel otherwise?
There's a nicely illustrated article on their Slammers design work here:
http://www.renderosity.com/index.ez?viewStory=6131
(http://market.renderosity.com/photos/Graphic1974.jpg)
Hi Abex. good morning to you and to all on the thread! It is a beautiful sunny day, here in Thailand, heading into the mid 30s. I bought BRVO at 39 3 years ago and then again at 34 earlier this year. So - I am a happy shareholder. I started trading; made a few bob and then lost it in the past few months.
Let me respond to your remarks. I have no desire to attack you - that is not the style of this thread. Informed criticism is acceptable. And your posts do invite criticism. The day I see the basher/shorter/personal insults here - I'll be gone. But I do not think that will happen,'cause the parents of this baby will keep it clean.
I do not want to do the work in order to answer most of your questions, because, in essence, all my calculations are now out of date. I think you are expecting too much from this board. Either do your own dd or wait until after the market closes today and ask on the CC.
Specifically, your questions re:
- What might be the new sales projections
- Snapple
- The Ransom Group stake
But I will address a few of your comments, specifically:
*How many shrs are on the open market You will have to ask the company, as the float keeps changing, due to conversions and issues out of treasury. Remember to go to the SEC filings to pick up the amount of potential shares which can be converted. I think I have it stored somewhere - so I will try to find that number for you, if you do not have it already. Just ask me. ok?
I see no insider buys from the .12 point last year. I really cannot understand what your point is. Perhaps you would clarify your thinking/or why this is a concern? Sure, I would have liked to buy at 12c. But as I already posted, when it was 12, I was thinking that the company was going under. So, I cannot see why it is relevant that no insiders would have been buying. Roy Warren was a buyer at times, though the tough times of the past 3 years, btw.
The cos. I thought was suppose to serve their investors first to provide the most back for their loyalty and that needs to be addressed I feel in the CC as a lot of the disgruntled investors feel they have bought into a falling knife at this point. I think you are mixing your methaphors here. Try to put it more clearly would you? Loyal shareholders are me and others who have displayed loyalty (or pigheadedness) over the years. Loyal shareholders will have bought at from 12 to 39cents. And I don't think very many of them will be disgruntled. What qualifies you to come on board at what you think is the bottom and represent yourself as being qualified to speak on our behalf? If you bought near bottom here, why are you feeling disgruntled?
No one really knows who owns the shares at what price all they have is the hope that the co. shall go up from here and that the selling is over which I hope also.
and
You have not provided any hope for where the pps is going
and
Can anyone answer any of the questions I have instead of attacking an opinion so that hope of the future rebound in the pps can be looked at
The kindest thing I can say about this aspect of your posts is that you consider taking a concise writing course.
Apparently the repricing on the morning CCE deal PR they tried to get it to go that way and some investors were taken in by that tactic only to see their entry point fade to .51 which was a cheap trick which is used over and over again in the market which I think should be done away with.They knew the selling would be happening ,but went ahead to reprice it up so that the uninformed investors would see their entry point go down.NICE!
I do think that more should have been done to uphold it ,the pps ,for Investors though so they did not see their investment entry point sink.I have never seen repricing to work so I did not buy into it . In all honesty, there are a few of us on this board who woudl like to know what drugs you use. Apparently you were a fly on the wall, on the morning that BRVO negotiated it way out of selling control at 16 cents?? This is ia good example of why I call your posts uninformed. I know I may be raising the termperature of the discussion. But, please, would you consider the content of your posts more carefully? An opinion is an opinion, a fact is a fact. Don't confuse the two. and remember, I wish you and all BRVO investors and traders, but not shorters, good luck in your investing! Don.
I cannot get into where I was coming from on the attack bit and it would not serve any purpose.
One thing I did find at RB was a preliminary eval of where the revs & pps might be heading which is what I was looking for.
The total amount of Shrs.Out. I will need to do more digging,but what is most important is to see how many shrs. there are out there that are in the public domain which might be revealed in the CC tomorrow.MarketWatch Shows 110Mshrs..Out. at the moment and I thought as of the last CC there was roughly 75Mshrs.Out so there has been a lot of Dilution,but as long as they can keep that from happening in the next yr. the potential for return on equity for the average shareholder will or should turn out well which is what we hope for. Having the co. print out shares continuously will not be a good situation for the future and I hope after the past deals it has ended. They should now just concentrate on their growth stage I think.
What I hope for is that strong interest follows the issue now and the promotional ad's to get the word out on the street that BRVO is going to be an up and coming co. that will be worth more than the .50's so we can see the market push the pps up.
I am hoping that this is another Snapple which will make everyone getting in on this floor and that bought in on the upper floors very happy in the coming years. I am in this for the long haul as long as I can see that it is going to be a Growth Issue and not be drowning in Dilution from Qtr. to Qtr. which will shave the chance for any substantial growth.
Thx and good luck!
As always, great posts on this BRVO thread. But perhaps we're all thinking too much. Here's my current take on BRVO:
1) Since the day after the CCE deal was announced that I was expecting BRVO to come down to $0.60 per share. I had this expectation because of the dilution the deal implied.
2) The deal had two parts, a a good part and a bad part. The good one was that BRVO and CCE were about to sign a Master Distribution Agreement (MDA). The bad one was that CCE was taking majority control of the company at about $0.25 a share without current shareholders benefiting from it. There were 12 shareholders that had sold options to CCE for CCE to buy them 69,000,000 shares at $0.36 (probably this happened when the share price was below this level). Since they had sold the options they couldn't sell their shares when the price was at $1 or higher.
3) Only now, after CCE said they wouldn't exercise those options, they can sell, if they want. Remember, they bought these shares around $0.12, so they have about a 400% profit on their money.
4) Some of those 69,000,000 shares are being sold on the open market, because of the huge profits they show. But I wonder how many of these 12 shareholders are really selling, I wonder if they are not pleased CCE didn't exercise those options, because I bet they were pretty sad when they saw the share price above $1 and they had the obligation to sell at $0.36 :-[
5) So, shareholders that were obliged to sell at $0.36 now have two options. Sell in the $0.55-$0.65 range and take a 5 fold profit. Or recognize the potential of the company and let the profits run for further gains, as the company grows. Considering RULE 13 that says «Let the profits run», even at this level, the later attitude seems to be the correct one.
6) Considering the market action and bullish reversal on Friday it seems to me the selling pressure is over or near its end.
7) Now we have just the good part of the deal with CCE. Previously I saw $5 PPS as possible. Now I see higher prices on a 12 month horizon.
Considering these 7 points, I believe BRVO will zoom higher to new 52 highs above $1.40 in the coming weeks. The share price needs to show the current deal is better than the previous, and that will only happen when we get a close above $1.40.
Mr.Randolph or David,
Thanks for stating where you are at now on this as I see that I have gotten in at a good price and am confident in your outlook that no matter what happens those that know about the co. are in good stead as far as their future return on their investment is concerned.
I can see that all my indicators,RSI,MACD,MOMTETUM,STOCHASTICS look good as far as them being in their lower end which is a strong buying opportunity for us. I thought from my observations below that it might take longer,but I will trust your skills on this more than mine for a short term outlook.
Volume is key now I think,the more the merrier,I mean better!
Thanks a bunch!
----------------------------
(Written earliier by me)
I had a chance to listen to the full CC and think your correct ,but some might be holding out to sell higher also.
Either way the numbers that they are talking are going to make anyone holding plenty of $$ in the long run.
Reverse Split Option
It was also encouraging to hear that they are not going to be going the RS route in order to get onto a better exchange.
On the downside the Broker on their board with 17yrs. experience was of the opinion that "the stockprice reach their value regardless of the exchange".
I do hope they would favor going to the NAZ if they could or the NYSE in order to bring more investor awareness to the stock in the long run which would drive the pps up quicker I think, especially if they have the exceptional growth rate they are expecting. (DR,Maybe I m wrong on that)
The caller I think was from a VC Firm and I would assume he had confidence and patience enough to wait a year or two for the stock price to reach the 3-10 level before making the move to another exchange instead of wanting to ruin the pps with a RS.
Most investors rush to the Sell button as soon as that word is ever mentioned and with the numbers that the co. is talking of this shall not be below the $5 mark for over 2yrs. I'll bet.
Lastly we will be hearing some good numbers today and I have no doubt that the Co. is heading in the right direction now.Might take awhile longer to get there with all the Dilution,but it will get there none the less and higher pps than without the CCE agreement over time.
The reason I say that is there will be a lot of $$ they will need to do it and that might mean more Dilution , Investment Banking or creative financing to get there which would be a good question to ask.
As soon as I see the way the pps is going to go I shall be buying more in the short term. Maybe today!
I had a chance to listen to the full CC and think your correct ,but some might be holding out to sell higher also.
Hi Abex, can you tell me which CC are you referring to? I am still waiting to access the CC scheduled for today, Tuesday, at 4.00 pm. Since it is only 11pm here in Thailand - that would make it noon in New York. How did you get to hear the CC so early? Thanks, as I want to phone in to the recording of the CC, asap. Don.
Quote from: don on September 06, 2005, 11:57:33 AM
I had a chance to listen to the full CC and think your correct ,but some might be holding out to sell higher also.
Hi Abex, can you tell me which CC are you referring to? I am still waiting to access the CC scheduled for today, Tuesday, at 4.00 pm. Since it is only 11pm here in Thailand - that would make it noon in New York. How did you get to hear the CC so early? Thanks, as I want to phone in to the recording of the CC, asap. Don.
Yes Abex, what CC are you talking about?
Never had much luck taking anything into a Conference Call.
Guess sell the news. Take HISC most recently.
Price usually drops after first 1.5 hours the next day.
What new information is expected that will move the price ?
Sorry about that folks,but it was the CC of Aug.15 I was referring to!
The other CC starts in 1hr. here in the states and I would suggest that you buy any shares you were thinking about before then because they will throw out numbers that will make this fly I'll bet!
Good luck!
70-100 Million in revs projected next year. 110 Mil. shares right now... 230 Million oustanding is most shares that there could be.
Quote from: andrewcbrown on September 06, 2005, 05:23:07 PM
70-100 Million in revs projected next year. 110 Mil. shares right now... 230 Million oustanding is most shares that there could be.
I'll be in for the longggggggggggggg haul !!! good luck for BRVO
During the CC Roy quoted 110 million because that is what it says in the quarter filing (technically it says 113 million) but he said there has been a lot of conversions and the count could be up to 233 million.
Quote from: andrewcbrown on September 06, 2005, 05:23:07 PM
70-100 Million in revs projected next year. 110 Mil. shares right now... 230 Million oustanding is most shares that there could be.
110milShrs. On the Open Market with Pepsi Holding 115Mshrs. I think
God ,that makes it so much easier! They were first projecting 300Mshr.Out on the Aug.15 CC. This gives the issue a lot easier push when they start coming in after the conversion is over to get it back over the $1+ mark. After 1.45 there is nothing but blue skies!
This is the next Snapple in 4yrs.! We might see this thing going up and splitting several times in the yrs. after they get Market Attention and Momentum given the projections they gave. It will not happen overnight, but it will happen if the CCE agreement stays in place and they meet their strategy plan.
I hope they also go on one of the better Boards also.The NYSE would be great!
110milShrs. On the Open Market with Pepsi Holding 115Mshrs ???
Quote from: ABEX_TRADER on September 06, 2005, 06:53:43 PM
Quote from: andrewcbrown on September 06, 2005, 05:23:07 PM
This is the next Snapple in 4yrs.! We might see this thing going up and splitting several times in the yrs. after they get Market Attention and Momentum given the projections they gave. It will not happen overnight, but it will happen if the CCE agreement stays in place and they meet their strategy plan.
Abex, Do you know what is the SYMBOL for Snapple? it won't show any in the symbol lookup..
Quote from: don on September 06, 2005, 09:10:16 PM
110milShrs. On the Open Market with Pepsi Holding 115Mshrs ???
Don:
Just wondering ,why it would make yu mad? As they stated in the CC they both got what they wanted and there is not as much Dilution as we thought there would be with essentially the same agreement so I would think that would be good.
They have one of the strongest Distribution Channels to use in the world and that will make this a non issue to run to a lot higher levels.
The Coke shares won't be going anyplace as that would not be prudent for them. They will be held in an account as they want to see the Co. grow so they make their $$ also. The more value the shares get on the open market the more they will get right or am I missing something?
My forte' is Technicals and not the Funny's so help me out if you know what they are saying or if you are reading something into this that I don't see.
Either way though I am in for atleast the time it gets way up and hopefully I can do the in\out a few times hwile she climbs so I make even more $$ from my techncal experience.
Another thing that has not been explored yet is if the Co. will expand into Asia and SoAmerica which are vast markets also. This is the next SNAPPLE and will be even better as you'll get more bakc thabn even people made on that as long as they remain a seperate entity.
For an examle of where this Co. is going look at the 2nd Qtr. results of JSDA to get a look at what this company will do for a comparison study. I bet you'll be happy with what you see!
And David was correct as I was trying to read to much into this.
Thanks! ;D
Quote
Abex, Do you know what is the SYMBOL for Snapple? it won't show any in the symbol lookup..
Quote
You'd have a very hard time finding it due to the fact they were finally bought out after going up and splitting about 5X once they went public in the late 80s early 90s I think it was .The first day they went public they almost tripled I think.With this your getting in on the bottom floor before expansive growth occurs. Unlike Dev. Stage Cos. this already has the product that is being endorsed by everyone and improving it's base each month!
What you can do is read my last post to get some perperspective of what a $5 Co. looks like for Revs with a similar Float.
Cott (COT) is another Co. which is pricer,but good for Rev comparisons.
Hope that helps!
While everybody is jumping up and down about the cc, I do have a few concerns to share:
1. The outstanding shares could be as many as 233 millions! If all excised, BRVO already would have a market cap of $154 million. All considered, even if they realize the sales of $75-100M for next year, the company is not that cheap any more. Let's say, its fair value is $300M or so for sales of $75M (4x), the most the stock could deliver is a double.
2. The margin: while gross margin will be slightly below 30%, the estimated net margin thrown out was like 8-10%. For 75-100M sales, that means the profit for the company for next could be in the range of 6-10M, again that is not much for a company already command a market cap of 150M (15-25 p/e).
3. Need of raising money to fund the expansion: anybody who ran a real business knows that expansion does not happen over night and you need money to make money. Raising more money means more dilution, right?
Please point out if my concerns are not valid. Thanks,
Hi Raymat
A few comments below:
1) The key here is could be With the recent increase in the stock price I do not see any reasons why they would issue all those share. Remember the shelf registration was done when the stock price was at a much lower level. Some dillution will happen but I can't see them issue all 233 million shares.
2) A PE of 15-25 is cheap for a stock with this growth and potential.
3) Remember that Bravo is not responsible for production and distribution. It is basically a marketing organisation and expansion does therefore not involve the normal capital expenditure.
I am still very bullish on this stock!
Anyone has the link for some excerpt or the complete conference call? I don't see any press release from BRVO.
Thank you !
http://www.vcall.com/IC/CEPage.asp?ID=93992
Thanks for the link tugsinav :)
Unfortunately I don't have time now to listen to the conference call, only later. But I'll do my update anyway. Here's what I have to say about BRVO today:
1) I guess yesterday's 13% rise was due to two factors:
a) Anticipation of what the CEO might say at the CC. That effect should fizzle today.
b) Normal rise because the strong selling interest has vanished. That's why it was possible to have a 13% rise with just 4.8 million shares traded.
2) The chart is no longer our enemy. We've had a technical breakout of the downtrend.
Besides this, all I said in my previous analysis stands still, I believe BRVO will trade above $1.40 in the next two months or so.
hi Dave This is my first time posting. below is the link you requested for the bravo conference call
This call is being webcast by Vcall and can be accessed at Bravo!'s investor relations web site: www.otcfn.com/brvo or at: www.Vcall.com. A recording of the call will be available until September 7, 2005. To hear this recording, dial 877-660-6853 (International: 201-612-7415) and enter account number 286; conference identification number 167865.
;D
news out again:
Bravo! Foods To Launch Breakfast Blenders(TM) Fortified Milks at Participating 7-Eleven(R) Stores Nationwide
Wednesday September 7, 8:00 am ET
New Breakfast Blenders(TM) Better-for-You Line Offers Great Flavors and Even Better Nutrition, Expected to Roll Out During November, 2005
NORTH PALM BEACH, Fla., Sept. 7 /PRNewswire-FirstCall/ -- Bravo! Foods International (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin-fortified flavored milks, announced that it expects to launch its newest product, Bravo! Breakfast Blenders(TM), developed in collaboration with 7-Eleven, Inc. (NYSE: SE - News), during November 2005.
Breakfast Blenders, a line of fortified milks designed to provide the nutritional benefits of a good breakfast, will be introduced exclusively at participating 7-Eleven® stores nationwide. The drinks are targeted to busy consumers who are seeking nutritious and great-tasting milk drinks for their active lifestyles. Bravo! Foods and 7-Eleven collaborated on development of the new products.
"We're committed to offering new better-for-you products," said Bravo! CEO Roy Warren, "and working with 7-Eleven allowed us to pinpoint consumer trends that led to the development of Breakfast Blenders, combining the needs of active consumers with our delicious milk drinks."
Bravo! Breakfast Blenders are 100% milk and a blend of breakfast fruits and flavors, and fortified with vitamins and minerals. They boast the added nutrition claims of being 100% Lactose Free, low in sugar and having 50% more protein. Chocolate Raspberry Breakfast Blenders are fortified with anti-oxidants naturally found in raspberries and chocolate, while Vanilla Peach Breakfast Blenders contain fiber found naturally in peaches, among the most fibrous of fruits. Double French Vanilla and Double Chocolate varieties are both rich in Calcium.
"Our customer trends showed that the typical consumer is skipping breakfast due to their hurried schedules, while health research shows that breakfast is a very important meal," said Kurt Schumacher, category manager of dairy and ice cream products for 7-Eleven, Inc. "Customers are looking for convenient products that are nutritious and consumable on the go, and that led us to work with Bravo! Foods to develop the Breakfast Blenders products."
Planned marketing by Bravo! Foods to support introduction of the new Breakfast Blenders will include sponsorship of local radio weather reports in major U.S. cities, promotion of the product by television and radio personality Leeza Gibbons on her show, supported by other print and media advertising. Grassroots promotions are also planned in select markets, including a colorful "Breakfast Brigade" sampling campaign in the streets, at mass transit stops and in city office buildings passing out samples of the great tasting better for you milks.
Selling is still on, almost 5 million shares moved in pre-market. Hopefully we'll see it pull up again at open.
Great news la-onda :D
I wonder if the last 9 sessions won't end up being an island ... a bullish reversal island ;D
Quote from: robt on September 07, 2005, 08:22:00 AM
Selling is still on, almost 5 million shares moved in pre-market. Hopefully we'll see it pull up again at open.
Are you sure on that pre market action Robt, I think you may be looking at yesterdays volume which was 4.8M. So far I see no pre market trades for BRVO.
Check your data again, don't want you using incorrect data when making decisions involving money. Cheers
Nothing traded pre-market.
There was 10K shares after market yesterday at $0.6, and maybe something like $0.63 which was MM pre-arranged deals but recorded after market. Nothing else traded after market yesterday which closed at $0.66
Sorry, glad I mentioned it, then, cause I obviously need to get a better handle on the extended hours stuff...assumed the .6 price was from this am. How do you know about the MM arrangement, VS?
Very large block trading (don't remember the amount) way below closing price (but in the daily trading range).
So it was MM accumulating shares in the day time for someone else.
Something no one has mentioned here is BRVO's presence on the naked shorts list, since July.
I know this can be a touchy subject, but does anybody have an opinion on that?
The thing we should look for now is Volume and a load of it weather it be selling or buying. because that will make certain the sellers are totally out and the long term holders are stopping in.
I plan on buying on any weakness in the next few days.
The excitement is for the CC projection numbers and the News out today will get more attention.
Resistance at .68 at the moment which will not last long and I hope we cut through the .70 level soon!
Good luck! I am buying as much as possible of this! Wish the house was gone!
Coming up on 1.5 hours the day after a CC.
It will selloff if the theory is correct.
Not buying yet.
What theory are you talking about?
Don't forget that this jumped 10% yesterday in anticipation of the cc.
I don't think people who are getting such a cheap piece of coca-cola's action will want to let it go.
Quote from: robt on September 07, 2005, 10:18:15 AM
What theory are you talking about?
Don't forget that this jumped 10% yesterday in anticipation of the cc.
I don't think people who are getting such a cheap piece of coca-cola's action will want to let it go.
Agreed - BRVO Up 9% so far this AM on 5M shares (Daily average is 5.8M)
I would not be surprised to see 3x volume today.
I filled my position before it went into the .70's .I am slow to catch on I guess!L
I see the day traders poping out ,but they are going to be sorry!
Hope it holds the 70's today!
I hope those people that look ahead 6os. get in and stay in now.
It looks like the big Majority Conversion people are out and it's just those that wish to take it to hold and day traders are getting in now!
I do not see big stake sales going through any longer and that is a big positive!
Averaging up is so much more fun than averaging down!
:)
Quote from: ehos on September 07, 2005, 11:02:36 AM
Averaging up is so much more fun than averaging down!
:)
Looks like .72 is the resistance level that is the one to work through.
I hope we make it to the 52wk. high real quick and that we can zoom to $5 before the yrs. end.
This issue has so much potential it's scary!
It looks like the big Majority Conversion people are out
That reminds me, the average daily trading volume , between the time the first CCE deal was announced and the final CCE deal was considerably lower than since that date. I am thinking, it should be possible to see some fall off in daily volume, once the 9 have ceased to sell. Correct me, if I'm wrong, but I don't think daily traders are doing 9mill a day. I don't know the day traders market - could someone comment on this thought - i.e. will a fall off in daily volume signal something positive? namely the end of the overhang? tia, Don.
I am not seeing the big Blocks that were going through the day(s) after the CCE Deal.Do you?
I see more modest sized sell orders! Therefore my thinking torwards them being pretty much exhausted. There might be those that are waiting for a higher price. Seeing that we have bounced from the .50-.72 range those wanting out in that range have had time to dump their shares a few times.
If you look at the chart there was heavy Vol. when it came down to the .72 level which might be why it had a hard time pushing through it.
But hey it's speculation!
Quote from: robt on September 07, 2005, 09:41:34 AM
Something no one has mentioned here is BRVO's presence on the naked shorts list, since July.
I know this can be a touchy subject, but does anybody have an opinion on that?
It is a good thing for the bulls if there are people selling BRVO shares short without being able to. Someday they will need to buy to cover those shorts, and that will provide additional demand for the rise.
BRVO traded 9 million shares yesterday which is respectable volume. Yesterday's action confirmed the bullish breakout we've had on Tuesday.
I review myself in these comments:
"Our customer trends showed that the typical consumer is skipping breakfast due to their hurried schedules, while health research shows that breakfast is a very important meal," said Kurt Schumacher, category manager of dairy and ice cream products for 7-Eleven, Inc. "Customers are looking for convenient products that are nutritious and consumable on the go, and that led us to work with Bravo! Foods to develop the Breakfast Blenders products."
BRVO's website was redesigned (http://www.bravobrands.com/), and the product they sell will indeed sell, a lot, I have little doubts about that ... I know my 2 year old wouldn't let go of that Spider Man bottle if he had the chance to see one :-* And the company is taking the necessary steps to ensure that their products will be, someday in the future, for sale in every corner shop of the world.
Now, it looks like from yesterday's action that selling from those 12 shareholders isn't quite over yet. But their selling can't meet demand, you see, even with that selling pressure the stock finished up on the day. This is an excellent opportunity for any other hedge fund manager to get a lot of shares at very attractive prices in a fast growing company.
Anyway, today is September 8th, I believe BRVO will be higher than $1.40 by November 8th.
For what it might be worth, Coke just warned for the quarter that sales would be down 3-4% . This would indicate to me that their relationship with a company like Bravo is essential for their future. (Just maybe) the management of Bravo are smarter than we think ?
RJ
lots of buying interest, but these hedgies are drivin' me nuts; one step forward, two steps back. this kinda dance can never last... volume is starting to get crushed.
Shouldn't complain, though, over 10% gain so far.
Form 8-K for BRAVO FOODS INTERNATIONAL CORP
--------------------------------------------------------------------------------
8-Sep-2005
Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure
On September 6, 2005, The Company held a public conference call to discuss a Master Distribution Agreement (the "Agreement)" with Coca-Cola Enterprises Inc.(CCE) for the distribution by CCE of the Company's flavored milk drink products in the entirety of the United States, all U.S. possessions, Canada, Belgium, continental France, Great Britain, Luxembourg, Monaco and the Netherlands, as well as any other geographic territory to which, during the term of the Agreement, CCE obtains the license to distribute beverages of The Coca-Cola Company. The Company made the following comments and noted the following material terms of the MDA during the conference call:
* The appointment of CCE as the exclusive distributor for the Company's products in The territory is effective August 30, 2005, has an effective distribution date of October 31, 2005, and an expiration date of August 15, 2015.
* CCE has the option to renew the Agreement for two subsequent periods of ten additional years.
* Under the terms of the Agreement, CCE is obligated to use all commercially reasonable efforts to solicit, procure and obtain orders for the Company's products, and merchandise and actively promote the sale of such products in the Territory, as defined in the Agreement.
* The Agreement establishes a comprehensive process for the phased transition from the Company's existing system of distributors to CCE, dependent upon distribution territory, product and sales channels. The parties have agreed that CCE will implement its distribution on a ramp-up basis, with the initial distribution commencing in the United States on or about the October 31, 2005 effective distribution date.
* With regard to the phased in transition to CCE distribution, the Company noted that its anticipated revenues would not materially increase during 2005 as a result of distribution by CCE, which will commence October 31, 2005.
* CCE may terminate the MDA upon twelve months notice after August 15, 2006.
* The Company has agreed to provide strategic direction of its products; maintain sales force education and support; actively market and advertise its products and design and develop point of sale materials and advertising.
* Under the Agreement, CCE has the right of first refusal to distribute any new products developed by the Company, and the Agreement establishes a process for the potential expansion of CCE's distribution of the Company's products to new territories.
* CCE may distribute products that compete with the Company's products.
* Production capacity will remain at 2,500,000 units per month until April 2006, when capacity will increase to 7,500,000 units per month.
* The Company does not have capacity issues with respect to its foreign business.
The Company announced that it will introduce a new lactose free milk based meal replacement product in November 2005 through 7-Eleven convenience stores, called Bravo! Breakfast Blenders. This new product has 50% more protein than milk and is positioned as "better for you meal on the go" beverage.
The Company offered the following guidance with respect to anticipated revenues:
* Third quarter revenues are expected to be in the $4 million range
* Fourth quarter revenues are expected to be in the $6 million to $7 million range
* Total revenues for 2006 are expected to be in the range of $70 million to $100 million with the increased implementation of CCE distribution
* Domestic Revenues for 2006 are expected to be in the range of $50 million to $60 million
Applause for the last 2 charts, David. Big help for those of us who dont have the chart service (nor the ability) to put it together!
Nice to see CCE Investor Relations move into top gear with their publicizing their innovative
;) product line (tks to Slammers!). Good publicity for our stock, too.
check out this link:
http://ir.cokecce.com/downloads/050908cce.pdf
slide 5.
also, if you log on to the latest Coke quarterly CC:
CCE CC mention of BRAVO at 14min:11sec
"Also helping to grow our presence across all beverage categories is our new Master Distribution Agreement with Bravo Foods International which provides us access to a line of shelf stable milk brands. Though volume initially will be relatively small, this Bravo line of dairy products offers us an excellent opportunity to expand our presence in the market with a nutritious line, particularly in the education channel.
We also believe that the Bravo brand will provide an excellent product with which we can explore alternative routes to market including warehouse deliveries."
David, anyone, like to comment on what kind of volatility we might see in the S/P, looking forward over the next 30-60 days? One unknown, I guess, is teh possibility of a financing. Don
Does not sound like there is any chance that they are in in anyway in this for a quick profit like some have tried to assert on other BB's.
It is now a long position to stay in unless you wish to pick on\off juncture points.
Looking at the runup to 1.42 that looked alittle tricky after it got to the 1.19 point as it fellback then went to 1.42 after the pullback .
Hope I do get caught up pulling out to soon and then not jumping back on when I should if I do trade it.
They say sellingis the hardest thing to do and I can see why with some issues. This was a wild runup last time,technically.
Good luck!
Ok.... today i had my first drink of one of the product of Bravo and it's called the "Starburst Peach" .. I got it from 7-eleven here in San Jose California...and WOW! it taste really good and not only that it also smells good... smells like a baby! :D.....Unfortunately they only have Starburst on the shelf, flavored Peach, Strawberry, Orange & Mixed Berry. hoping to see 3 Musketeers, Milky Way by the year end i heard they taste much better...You know its really fun to invest in a company that even your own body can benefit from it...by the way, i'm keeping that first slammer bottle.. and that way it will reminds me the huge profit i'll take in the future.... ;) :) :D ;D
FAKE NEWS :D
=========================================================
9 Sept (XYZ News): The reported shortage of Slammers at some of the Los Angeles stores is attributed to a free gulping fellow who is hoarding the stock, logos and all the bottles.
On the condition of anonymity sources hinted that the fella may be fast finishing all the exotic Brvo drinks all over the west coast. There is some concern in right quarters about the wrong attitude of the fella. He was last rumored to be putting Slammers in his gas tank and heading 5 North.
=========================================================
Hi Don & Evgeny
The 8K and CCE's PR spin is interesting reading. It reminds me that this is a real growth story (700% revenue growth over four quarters):
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=5045;image)
And the yearly growth is even more impressive:
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=5044;image)
I added the market share of the flavored milk market and even in 2006 the share is just around 4%. So some food for thoughts: Is Coca Cola interested in a market share of 4%. I don't think so. I would expect revenue to continue to increase rapidly over the coming years.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=5048;image)
As always, great posts on this thread, thank you :D
Looking at the company's numbers and projections provided by Michael and the product descriptions our dear users are giving, I don't think it is very usefull to make comments on the short term of BRVO's stock.
It looks clear to me that the 9 or 12 big shareholders haven't sold everything they want to sell at this juncture and the short term is very tricky, with bullish and bearish technical signals that end up being fake.
So I urge caution and patience. It's very hard to trade BRVO. Players are shaking the tree on both sides, long and short (yes, there are short sellers on BRVO, can you imagine it?). So one had to decide if he's in for the long term or not.
I'm in.
One thing is certain,it's a very volitile issue and I am just going to walk away and check it once a day.
If it falls to lower levels I will add as much as I can seeing that we all know it is not going to the dumpster.
I love sure things and this one seems to be as sure as it get's for an under the buck issue. Just will take alittle time.
Do wish the Conversion folk would clear out all their holdings and the traders would exit from their entry positions,but it is going to be volitile for awhile then it will break through the .72 level.
Looking at the Vol. from the period it dropped to the .72 level I would think that is where the resistance is and it will take some serious interest to push it past that mark.
Patience is the key! Good luck! JMO
Another amazing pick that I am so happy to have bought. The fundamentals (I am not a technical indicator purchaser) are great. CCE will make us owners rich or no one can. Additional impetus for the stock and CCE is likely the recent interest of Congress in healthier foods in schools. Coke machines are a huge business, and a product that passes on the nutrition front (as opposed to Coke ... one of my favorites) could explain CCE's interest. Notes from a recent press release are below. Dave
WASHINGTON - Candy, soda, pizza and other snacks compete with nutritious meals in nine out of 10 schools, a government survey found.
Already plentiful in high schools, junk food has become more available in middle schools over the past five years, according to the Government Accounting Office, the investigative arm of Congress.
"Parents should know that our schools are now one of the largest sources of unhealthy food for their kids," Sen. Tom Harkin (news, bio, voting record), who asked for the study, said in an interview.
"Would anyone advocate that we take the fences off the playground for elementary schools and just let kids run around in the streets?" Harkin, D-Iowa, said. "By the same token, why would we allow schools to sort of poison our kids with junk food?"
Obesity among children and teenagers more than doubled in the past three decades, according to the government-chartered Institute of Medicine. Obese kids will become adults with chronic health problems, said Harkin, the senior Democrat on the Senate Agriculture, Nutrition and Forestry Committee.
He and other lawmakers want the government to set nutrition standards for food throughout schools and not just in the cafeteria.
Giving kids healthier options "should not be a suggestion, it should be a requirement," said Sen. Patrick Leahy (news, bio, voting record), D-Vt., another committee member. Kids are suffering from higher rates of diabetes, high blood pressure and other illnesses normally associated with adults, said Rep. George Miller (news, bio, voting record), D-Calif.
At issue are so-called competitive foods — snacks such as candy, soda, pizza and popcorn available in a la carte lines in cafeterias, in vending machines and in school stores. Apples and milk are also competitive foods, but the GAO said candy and other junk food crowds out healthier stuff in vending machines and school stores. Competitive foods are largely unregulated.
The Agriculture Department had restricted sales of competitive foods until a 1983 federal court ruling, in a lawsuit by the National Soft Drink Association, limited its regulation to food service areas such as cafeterias during mealtime.
Schools raise substantial dollars from selling competitive foods; 30 percent of high schools raised more than $125,000 annually. The GAO said it was unclear how much competitive food sales benefited school groups and how much benefited school food service.
Advocacy groups point to a government study of 17 schools and districts that improved the nutrition value of their foods. Revenue increased in 12 schools and did not change in four others, the study by the Agriculture Department and Centers for Disease Control and Prevention found.
"Schools can make money without selling junk food," said Margo G. Wootan, director of nutrition policy for the Center for Science in the Public Interest.
The GAO sampled schools that participate in the Agriculture Department's federal school lunch program, which subsidizes school meals and regulates their nutritional content. Those meals have to follow the government's dietary guidelines, which call for eating more fruits, vegetables and whole grains and less calories, fat, added sugars and sodium.
The GAO reported that of 656 schools in its sample, 51 percent of principals and school food directors responded to a Web-based survey. Investigators also traveled to six school districts that have tried to substitute healthier choices for less nutritious foods. The survey's margin of error was plus or minus 15 percentage points.
The GAO report, scheduled for release Wednesday, found:
• Nine in 10 schools sell competitive foods from vending machines, cafeteria a la carte (snack) lines and school stores.
• Vending machines were available in almost all high schools and middle schools but in less than half of elementary schools.
• In one-third of schools, sweet baked goods, salty snacks and other less-nutritious foods were available in cafeteria snack lines.
• Schools often sold competitive foods at lunchtime, in the cafeteria or nearby, allowing kids to buy them for lunch or to supplement their lunches.
• Three-quarters of high schools have exclusive soft drink contracts. Sixty-five percent of middle schools have exclusive beverage contracts, up from 26 percent five years ago.
One of the things I looked at is the aspect of the School kids being a great source of promotion. As they get to try the drinks and pick their favorite and have their parents try them that brings in Advertising and product awareness for nothing!
The generations that coming up spend their parents $$ as anyone that has kids knows. Once the kids activate their parents awareness that will lead to heightened sales over time.
Their was a segment done by 60mins about the effects of the newer generations like GenerationX and so forth and they are the ones that you want to reach!
I forget what tag they have put to the new generation.You can be sure once they endorse it too their parents that it will bring in big sales numbers over time.
Then there is the 7-Eleven stuff that will bring in more Biz.
For me it is just a timing issue. This stock will appreciate in a major way from our current levels. Will it be 1, 2, weeks or a matter of days. This management team is constantly working and putting deals together. With Coke in the mix I can see new products in the works as well. You just never know when we will get that PR that will set this puppy running. This stock definetly is a $1 wanna be. It will leave the penney ranks for good IMHO soon!!! Sellers still existed through the end of the week, but buyers are grabbing up those shares.
My gut feel is many are hopping on for the long haul. Management is hitting on all cylilnders once again and with everything in the works to me it is not worth being out of the stock to get in for a few cents cheaper. I am in for the long haul and I believe it will be fun. We will see Slammers everywhere this time next year....
Picked up a couple Slammers at the local SuperTarget in Fricso, Tx today. Reasonably priced at $1.19. Grabbed both the Milky Way and the Starburst strawberry. Very eye catching marketing. For small children there is Pediasure, for seniors there is Ensure and for Teens and everybody else there is "Slammers"! :D
My only short-term concern is the steep market cap of $73MM for BRVO, but I do believe they will grow into that market cap and double from here, once they post positive cash flows between $2-4MM on high growth.
I bought HANS at $4.10/share in 2003 and more recently SNAK at $3.25 and NFLX at $11 all based on consumer perception and improving cash flows.
It appears that the BRVO 52-week high will be difficult to surpass soon, however with such a rapid nationwide distribution of it's product, it may be another Snapple in the making (a similar beverage success story). Cash flow projections are the key.
Of course this has nothing to do with TA, which I sorely need and is the reason I love 3StocksOnFire.org.
poorman1
Hi,
I would wait and watch for now.
--Lalitha
http://www.smallcapcenter.com/snapshot_techanalysis.asp?component=compinfo.asp&row=2&page=snap_techanalysis.asp&flag=true&ticker=BRVO
http://www.americanbulls.com/StockPage.asp?CompanyTicker=BRVO&MarketTicker=OTC&TYP=S
It is early for the issue to make a big move,but it has had previous days of High Vol. and has moved up.
Any downward move would create a buying oppurtunity for people to get more shares for cheap. I'd be one to buy more and it might be what will happen,.
I love to see sure things in the markets and with the recent CCE agreement this is as sure as it gets. The issue will move up in time as it is just to early for a hugh move up.
The Nov.-March time frame is best for issues like this and any move before then is just icing on the cake. Hopefully I can profit by some of the wild swings it will have like on the last runup.Any news will spark a rally up also.
Good luck!
I haven't read every post and someone may have mentioned this already, but Bravo does not anticipate any increased revenues this year as a result of CCE agreement and will not increase production levels until April 2006.
Prfsr Hal
Quote from: Prfsr Hal on September 11, 2005, 08:10:21 PM
I haven't read every post and someone may have mentioned this already, but Bravo does not anticipate any increased revenues this year as a result of CCE agreement and will not increase production levels until April 2006.
Prfsr Hal
Even if mentioned, it is worth keeping in mind.
Their revenue growth without CCE is nevertheless signiificant: "Revenues for the period ended June 30, 2005 from unit sales in the United States increased from $1,489,185 for the same period in 2004 to $3,313,038 in 2005, a 122.47% increase."
The April commitment, it should be noted, will triple production, from 2.5m/month to 7.5m. Tripling of production, even though seven months away, is going to be significant to today's market.
There is a saying that "the markets look 6mos. ahead" and this issue should get some interest soon to drive it above the $1 mark and on to the $3-$5 range in anticipation of next years Revs..
Patience is the key and to remember that you are holding a sure thing which to me is everything.
HOLD & Buy on any weakness is the way to play!
Technically it is close to the bottom in all indies and there is only a slight downward risk compared to a major upside return risk.
Resistance stays at .72 at present.Let's hope we crack it to .80 soon! CCE also has strong ties in the markets and I'll bet word will spread about BRVO.
Thanks for your posts on BRVO :)
We've had some developments on Friday during the session but that didn't materialize on the market action. Some things we already knew, like «1. A Form 3 had been filed by Coca-Cola Enterprises Inc. on July 25, 2005 to report the ownership as of July 13, 2005 of options to acquire 68,990,244 shares of Common Stock. Those options terminated without being exercised on August 23, 2005.»
A bit of a surprise was that CCE has warrants to buy 18.65% of the company at $0.36 a share, not 10% as we were expecting (don't forget that initially CCE was set to buy 81,000,000 shares issued by BRVO at $0.16 a share. Actually, 81,000,000*$0.16 = $12,960,000 invested by CCE in BRVO. Now it is 30,000,000*$0.36=$10,800,000, not a big difference after all). If 30,000,000 shares represent 18.65% of the company, this means the number of shares outstanding will be, after dilution, 160,857,909 shares. If this is the case the market cap at this price is/will be 160,857,909*$0.67 = $107,774,798.
The expected revenue for 2006 is $80M, more than 500% revenue growth year over year.
We can see by the market action that BRVO is no fast speculation story. But it is as close to a sure thing as it gets in the stock market.
Technically, the guys that were set to sell those 68,990,244 shares to CCE at $0.36 seem to be still selling on the open market. But I don't think they're selling the whole 69 million shares, I bet they were pretty sad when they saw the stock above $1 and they could not sell a single share. They could not sell, and they could not hold, they were obliged to sell at $0.36 to CCE.
Now they are free to reconsider their options. Of course, with a 400% plus profit on their investment they are naturally taking some profits, hence the selling pressure. But with the recent developments around the company (last 2 to 3 months) I think they won't sell the 69 million, they will keep some for the long term.
Technically we can have a reversal island, but since BRVO seems to like the H&S pattern, perhaps that's what will happen (you can speculate with technical analysis too ;D). If that's to be the case we're now developing the second shoulder of the pattern.
Either way, you know it, I will continue holding BRVO, time is on my side.
On short term traders I see that Stochastics works really well as it's the only Indie that I had that showed that the small term rally had meet it's weakness. .72 I knew was the price point of resistnce ,but did not know weather it would breakdown to former levels below .65 .When I saw the Stochastics Oscillator as being high I thought it might happen.
There was a good piece written about it on a site recently that I think will help me to understand how it works and to tweek it better.
Have not thought about trading In & Out of BRVO ,but if I can take advantage of the Pullbacks being safe enough not to miss any major moves I'd be happy.
Holding it long term is usually my strategy anyway until 14day RSI goes well above 90 on a major rally then buy in lower.
Another thing is that the Moving Averages need to Crossover for this to start it's momentum up I thought.It will probably go sideways for sometime with little fluctuations.
I will check tonight to see weather it is a good time to pickup more at this price point or weather I think it will break further before I pick up more shares.
Penny issues were not doing well today from the ones I track. Oil's retreat which weighed everything down.
JMO
Form 3 <----------------
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3D%5C2005%5C09%5C09%5CEDGARNews_0000804055-05-0002100001061029.html%26clientid%3D168%26provider%3DEDGARnews&symbol=BRVO
It is tough seeing the stock go down but and I may not be making the best move, but I just dont see this stock going below the low .50 cent range. I took the opportunity today to add to my position at the .605 range...
I know you should never try and catch a falling knife, but I think this stock has far more upside potential than further downside......
We shall see!!!!!!!
Quote from: don on September 12, 2005, 10:30:57 PM
Form 3 url at Post 553..please see David's excellent precis of this filing, at post 551. Don.
What do you mean Don?
QuoteTechnically we can have a reversal island, but since BRVO seems to like the H&S pattern, perhaps that's what will happen (you can speculate with technical analysis too ;D). If that's to be the case we're now developing the second shoulder of the pattern.
It is still too early to know if BRVO is developing the second shoulder of an inverted H&S pattern or just entering a decline phase.
Considering fundamentals I believe the first assessment is the right one, now we must let time and the market tell us his judgment.
For BRVO to be building the inverted H&S pattern it should not close below $0.565, which was the low of S1 (shoulder 1 on the chart). It is a positive thing that the volume on this second shoulder is lower than on S1, it means the selling pressure is now smaller.
Time will tell, either way I will continue holding BRVO.
David your inverted H & S scenario looks right on to me. Looks to be setting up perfectly as long as the last shoulder doesn't drop to far. The inverted right shoulder with lighter volume than the inverted head seems to be text book. The H&S is very reliable in trend reversals..
We shall see!!!
I have added on the light down volume of the inverted right shoulder if this pans out to be a typical inverted H&S Play...
Either way the fundamentals now IMHO are better than ever before. Much better than when the stock ran to 1.41... Keep hold to that 1.41 prediction for Nov. 8. We get a trend reversal with nothing but good news on the way it very well could happen!!!!!
We shall see!!!!
I tried a strawberry Slammer yesterday from a 7-11 store accross the street from where I work. I played dumb with the store manager and ask some questions:
She said they just started carrying Slammers.
Chocolate and strawberry.
They are selling as fast as they stock them.{the chocolate shelf was empty and strawberry shelf had four left}
She liked how they tasted. She appeared upbeat and impressed
with the product.
I tried the Strawberry flavor
I didn't like the location in the store, I would have liked to have seen them near the softdrinks.They were next to milk products.
I personally didn't like the taste, too sweat and tart. Like drinking a "sweet tart" ,But I see how children and young teens would like the product.
I was happy to see that they are either distributated or made in my home State of Missouri according to the label.
I was in @ .57
I agree about the taste. I also had my first one, a Milky Way one, and it was -too- sweet, excessively sweet. So much in fact that I couldn't finish drinking it. I haven't made up my mind about them. I do hope they take off.
I forgot to mention, The price was a little high for being geared to children, $2.50 before tax. But, they are selling!!
Hi Terlisa, my error, I realize. I saw David's post re the July 25 CCE Form 3, noted he had included info about the CCE optionsThose options terminated without being exercised on August 23, 2005.». So I figured......I'll try to edit out my post, ok? Take care all, this is a bit nerve-wracking, below my cost now. Pre lift off nerves, I'm sure. 8) Don.
As with everything I am still learning even after many yrs. of study and playing.
This is not the best week I have seen in the markets and seeing the vol. today drying up with mosly sellers is not encouraging.Once the Vol. starts to increase aain with mosly sellers it will be a real positive.
We can hope that the downward momentum halts or has halted and buyers start coming back in. With only a few cents off from yesterday hopefully the momentum to the downside is slowing and a reversal is immenient.
I tried to see what your talking about with the inverted H&S ,but I have not figured that out yet. I see a sideways Island forming. Resistance at .72 trading in the range between .50 to .72 . The time it gaps up past the .72 mark will indicate that the reversal move to the upside has started.
One thing I am learning the hardway is that without an MA XO there really is no way an issue is going to proceed to go higher with an extended move unless it has fell off drasticaly down from it's MA's and then bounces backup (the deadcat Bonce) back to the MA level's.
Before when it broke out would have been great to have been onboard ,with no overhead and none of this conversion to have to work through first. Things are a lot different at this time.
That being said I still feel the future will be bright for BRVO.
I looked at the charts in the sector which are mostly all at theiir bottom range. JSDA did pop yesterday and if you look at their Earns sheet and then look at BRVO prospects from their Earns projections ,it should be looking at $5 easily in the coming year once the numbers start coming in.The transistion period is hard for those that are not patient to go though.
The transistion to growth wll be explosive along with the pps and it is just going to take patience to get the most from the investment.
Good time to pickup more shares on weakness.
How many shares will CCE be holding of the 160Mshrs.?
How many shares will be on the open Market?
How many will be tightly held by Insders?
CCE will be holding their shares not to be sold because they want to see the Co. grow and the Insiders will be about 10% so that leaves what is on the open market for regualr share holders to purchase and watch grow.
Just thinking!
Thanks for your posts and comments on BRVO, great info :)
QuoteEither way the fundamentals now IMHO are better than ever before. Much better than when the stock ran to 1.41... Keep hold to that 1.41 prediction for Nov. 8. We get a trend reversal with nothing but good news on the way it very well could happen!!!!!
I agree with aitech61, fundamentals are better now than when the stock was trading at $1.41. Fundammentally, it looks like a sure thing, but you know there are no sure things in the stock market.
Anyway, the inverted head and shoulders scenario is playing out perfectly. Now we need the most important: the breakout ! Shoulder 2 is completely in place and we've had what we needed, low volume and the stock didn't close below %0.565. Didn't even break it on the intraday.
For tomorrow I'm expecting a white marubozu and a close above $0.72 next week or so, that would confirm the inverted H&S pattern which would give us a short term technical target of $0.935. Curiously enough that's where neckline1 stands. But this is guessing too much into the future.
One thing I must say: even if this scenario doesn't play out and BRVO closes below $0.565, I won't sell, I own the stock beyond short term technical signals.
Never thought an H&S could be in such a narrow range. I would have thought it was just an island forming sideways,but I'll go with it.
Hopefully it breaks to the upside!
I would also think lower Vol. now is a good sign!
BRVO has come off the naked short list as of 9/9.
http://www.buyins.net/tools/symbol_stats.php?sym=BRVO
maybe that is what has been holding this back
The volume is drying up and I added more today. Very good to see us off the SHO list. We could be getting close to that trend reversal..... Either way, I agree with David, this is a keeper long term. The fundamentals have never been better...
We shall see!!!!!
David,
I have an initial position in BRVO. Some questions are posed that you may be able to address.
You know after 550 posts that I am not a basher, yet am very analytical in investigating a company.
So take the comments below as asking for help with the thought process. ???
- Isn't BRVO going to need another round of financing ? From whom ? And at what cost to the price ? They could easily decide to authorize more shares to raise capital, thus diluting the PPS.
- In this scenario, BRVO may be overvalued at this level. You see, many brokers were hyping BRVO heading into the CCE deal. Some investors have a difficult time with a company saying a falling price is a good thing. Never heard of that justification before. We do not even know if/when the selling of shares from the large shareholders began and will end. And you would think they would hold on for the future even though profits are high. No reason to take it all off the table unless it is headed down. They know much more than the average investor about the inside of BRVO.
- This volume and chart is not bullish, IMO. It may be hit hard when more shares are issued for financing. Or can it be verified that they have private financing to move forward ?
- Not all great companies have a high performance stock. My opinion is that CCE cut back from 51% ownership to 10% from the original deal. They are more interested in the MDA. This is where their money will be made, not in the stock itself. CCE may know that dilution is coming from financing thus restructuring the deal.
- The scenarios above concern shareholders and the volume and price are not reflecting a bullish company at this time.
Please comment on the financial condition. What is the status of financing ? I know they are growing exponentially, but when is the plan to realistically become profitable ? Thank you.
Financial Condition at June 30, 2005
- ------------------------------------
As of June 30, 2005, we had an accumulated deficit of $36,491,265,
cash on hand of $377,705 and reported total capital deficit of $2,933,786.
For this same period of time, we had revenue of $3,346,388 and
general and administrative expense of $1,439,554.
After interest expenses of $220,246, cost of goods sold of
$2,358,127, product development costs of $110,265 and selling expenses of
$1,797,471 incurred in the operations of the Company, we had a net loss of
$2,579,275.
Six Months Ended June 30, 2005 Compared to Six Months Ended June 30, 2004
I'm sorry, I'm not able to answer any questions now, I'll be able to do just the essential updates. After the close we'll get more profound analysis and hopefully I can address your questions and doubts.
BRVO.OB is a fundammentally based trade. HOLD the stock whatever happens in today's session.
David,
If the below is a factor, I am not following BRVO as fundamentally sound.
They go to the masses, but the net is a huge debt.
(MSFT) is an example of a great company that stock does not move.
BRVO needs capital and at what expense ?
Looking forward to your reply.
I love to read your posts on stocks that I own, FTG. You always make me look at the hard, cold facts of the investment and remove myself from the emotionality of the stock/company. Keep it up!
Now, a couple of questions for you on BRVO.
How do you feel about the CEO's projections for the company and their ramp up plans for production? How about the potential for the CCE dist? There are a vast number of companies out there that are running business on debt that fetch a MUCH higher price than what we are looking at here. And with a far poorer outlook for future growth. Granted, we are talking about a penny stock here but the future potential of this company appears to be huge.
If I remember his comments correctly, the CEO has said that BRVO will be profitable by Q4. Banks love to have a profitable company borrow their money and the CCE deal only lends credibility to their case should they need further financing of debt. That should cancel the need to further dilute the share base. What is your opinion on this?
Based on what you know about this company, would you consider this a good long-term investment - looking at 2-5 years as long term?
I guess I am looking at this investment as long-term rather than short. Looking at future production and distribution I don't see how you can go wrong with BRVO (famous last words!). Even if the product never became a hit, just the process of expanding distribution into all the areas planned, will bring in revenues and thus increase value in the company over the next few years.
FTG, thanks again for your no-nonsense opinions! Everyday offers a new learning experience for me from you and our other experts on 3sof.
Glenn
Glenn,
I appreciate the post.
I continue to hold my position in BRVO for the long haul.
Just trying to figure where to add.
Difficult to find a penny that you can drive down the street and buy their product.
They seem to have a great company. The Marvel characters and candy flavors are appealing to the children. And with CCE, they can potentially get into schools, etc.
And you are correct about the CEO projections. The key that I heard from the call was that the Cost of shipping will go down. Shipping in bulk to Coke costs much less than individual loads to each location.
I truly believe David in and his comments about BRVO.
And you are correct about the financing being more appealing with the BRVO future.
Just would hate to see them dilute the stock with any financing deal.
But rare to find a penny with a real product and alliances.
Take Care,
-Jeff-
question: if you have your trading profits in the bank, do you net them against your current holding cost, to determine your 'true' holding cost? I know it is a bit of a conundrum... But, I'd appreciate any comments. Don.
I'm not trading currently. But, like others, I can't stop conjecture. I looked at what research reports were available and that led me to one which did a comparison to the ''competition'. 3 cos are reported on (i didn't buy the report, just used their idea!). I reviewed stock price to sales, it didn't tell me much. Then I factored in what I anticipate about BRVO's future prospects and what the market fundamentals valuation does not reflect. This is what I got:
Tofutti: (TOF) Yocream: (YOCM) LIFEWAY FOODS: (LWAY) Bravo: (BRVO)
the historic, or trailing 12 months ratios I looked at are: P/S and Quarterly Sales growth
StockPrice to sales divided by quarterly sales growth factor:
TOF 0.91 X 100/3.436 = 26.5
YOCM 0.57 X 100/3.7 = 15.4
LWAY 6.66 X 100/26.7 = 24.5
BRVO 13.98 X100/69.9 = 20.00 nothing special there, but
I believe that for BRVO the # of shares will double from the 110mill. quoted in the source I used, to 220mill. I also believe that the sales will grow from 4.8mill/year (ttm) by greater than the 67% used (my source is Yahoo finance). I estimate 2000% or 96mill.
This makes th4e revised ratio for BRVO look like this:
BRVO factors used: - trailing 12 months sales 4.81M
- float 110mill shares
double the sharesmeans the p/s = 28
sales growth is 2000% 28 X100/2000 = 1.4
Consequently, this is the current comparison with vaguely competitor stocks:
TOF 0.91 X 100/3.436 = 26.5
YOCM 0.57 X 100/3.7 = 15.4
LWAY 6.66 X 100/26.7 = 24.5
BRVO(revised) 13.98X2 X100/2000 = 1.4
Just playing with numbers. But this does support the contention that the market has not factored in the sales growth prospects, yet. Don.
"Ar-nuld" wants to help us in a big way! ;D Dave
SACRAMENTO, California (Reuters) - California Gov. Arnold Schwarzenegger signed legislation on Thursday to ban carbonated soda in state high schools as part of an effort to stem teen obesity.
"California is facing an obesity epidemic," said Schwarzenegger, a former Mr. Olympia and longtime health advocate. "Today we are taking some first steps in creating a healthy future for California."
He signed the legislation at the start of a daylong summit on health and obesity in the California capital Sacramento. He said that one out of three children in California, the nation's most populous state, is obese.
"Obesity-related health problems cost us $28 billion a year," Schwarzenegger said. "We are going to terminate obesity in California once and for all."
The new law allows milk, drinks with at least 50 percent fruit or vegetable juice and drinking water without sweetener. It would be phased in from 2007 and take full effect in 2009.
The ban, already in existence in California's elementary schools, will cost school districts hundreds of thousands of dollars in lost income.
wow! :o
I'll bet this looming bill had a considerable affect on the coke/bravo negotiations.
Nice that we got our white candlestick today. A couple more days like this and we should run, eh?
I agree that it seems strange for the institutions to sell at this juncture, except for the fact that they've been forbidden to sell for some time now (possibly months), while watching a lot of attractive sell and buy conditions go by. Certainly nothing stops them from buying cheaper after offloading shares, I'm certain many did so.
The CEO said he knew that one of the institutions was not going to sell at all. That does not preclude the possibility that a number of others are holding as well.
The initial prodigious dump was certainly ugly, and prompted me to lighten my holdings, and I've managed to stay near break-even. I think continued selling will continue to slow BRVO down, and I hope it will afford me the opportunity to load up again cheaply before we fill that hefty gap up to 80 cents.
2nd shoulder done forming?
Just don't let Arnold read the calorie count of the Slammers if they make it into his vending machines. ;) Maybe they should put the Terminator on a Slammer!
Helping with a couple of charts...
If the sugar is a problem, Bravo has answers:
(http://www.bravobrands.com/media/img/pck_blender_t1.jpg)
(Blenders packaging and nutritional info now on their site! Sweetened with Sucralose.)
(http://www.bravobrands.com/media/img/pck_slim_t3.jpg)
(Anybody try a Slim Slammer yet? I suspect they're formulated for a more adult taste.)
Very nice! ;D
My wife and I tried both of the Slim Slammers. We definitely like them more than the kid oriented Slammers. Less sweet, just as healthy and with a very good flavor.
Arnie should have no problem endorsing either of those!
I see where you are getting the Inverse H&S now.
I was trying to crunch #'s, especially the shr.out and there have been much speculation to it.
MarketWatch also shows the 110#.In the latest CC they mentioned there was appox. 225 and 1\2 held by CCE..
Someone mentioned the pt. about where they are going with the purchasing of Equipment which surely brings concerns. If a Co. shows the numbers of sales they had mentioned in the projections as inline with forecast. The capitol they have ,plus the potential capital they will produce a bank or other institution will surely give them the loan I wold think. We are not talking small projections any longer with this co..
I have not looked at the #'s of the Co. that you mentioned Don ,but I did look at COT & JSDA and this Co. based on those #'s shall make the cos. pps rise expotentionally over time.The co. needs to get through to next yr. before people listen. Might be less. It should be at $1 now given the projections and CCE's blessing to distribute I would think,but the markets always run contrary to conventional wisdom.
It's just the wait to be noticed game.
I don't recall anything about Bravo purchasing equipment. The "Shibula" production line would be purchased by their contractor, Jasper Foods, and Bravo would have to make a deal to have access.
By the way, I've searched the Internet high and low, and the only Shibula I can find is a South African tourist spot. I'm wondering whether we have the right spelling. Does anybody have any idea what a "Shibula" is, exactly?
Did you get the spelling from the Co.?
The way the co. described it in the CC they would need to pay the cost for the machine,price tag $30M. So they must have to absorb atleast some of that cost if I am correct.
MarketWatch also shows the 110#.In the latest CC they mentioned there was appox. 225 and 1\2 held by CCE.. Really? Can you post the url, I got to see that to believe it! ;)
Seriously, I'd like to check it out and then blacklist that site, from future dd. tia, don.
I don't recall anything about Bravo purchasing equipment. The "Shibula" production line would be purchased by their contractor, Jasper Foods, and Bravo would have to make a deal to have access.
By the way, I've searched the Internet high and low, and the only Shibula I can find is a South African tourist spot. I'm wondering whether we have the right spelling. Does anybody have any idea what a "Shibula" is, exactly?
Jasper is a private owned, long established family run company. They did not respond to my enquiries about expansion plans for production capacity for Bravo.
Jasper uses the Tetra Pak Tetra Plast linear filler aseptic (LFA) system.
The following is thanks to McMike@Investorshub, who did the leg work!
If you want to check out the specs for this system, go to http://www.foodengineeringmag.com/CDA/ArticleInformation/coverstory/BNPCoverStoryItem/0,6326,94952,0....
This system (the LFA-20) can produce 2.5 million units/ month. A 2nd LFA-20 is due to come online in September and a third next April which will bring monthly capacity to 7.5 million units/ month. I don't know who is paying for these machines, I would imagine they are lease financed.
In Bravo's cc, they did state that they had the capacity to build inventory to meet later '05 demand.
I would guess that BRVO is looking to produce some 16-18mill units before the end of 2005, and will have production capacity of 5 million units/mo. until the third LFA-20 comes online next April.
If they are going to do $80 million in revenue next year they will need to produce something close to 100 million units. They cannot produce that with 3 LFA-20s so they will undoubtedly be looking to build more capacity, and, given the 9-12mo. lead time to order/install the filler equipment, an announcement should be forthcoming re. capacity-building, soon after the CCE MDA is signed.
They stated that a Shibuya system could do 8million units/mo. I believe they are talking about this company:
http://www.shibuya-int.com/Flame1.htm
Here is a story on one of their fillers:
http://www.shibuya-int.com/images/reprint_0403.pdf
I hope this helps! Don.
.
Don:
I think MW they are just using the Public Float numbers provided by whatever source is anyone's guess.
During the CC the CEO (Roy) did come up with such a number also I think seeing that CCE would get 1\2 the shares that I bet will not go on the public market for an alloted time period if ever. Most Cos. that get into agreements like this hold those shares for faroff future use. They want to see BRVO to become a big player and they want to see the pps go up also.
They have to hold on those shares for sometime before they would be able to sell them .The time period at the earliest I think is 2yrs. and need to give BRVO a 1yr. notice and they are locked in for 1 yr. from the date of the contract before wanting to give notice of voiding the contract. Therefore those shares are tied up I bet for 2yrs. at least the very least.
I could be wrong ,but that is the way I read it through what the CEO had to say.
The Share Out equation has been very confusing to say the least along with the way the Warrants and Option dealing is happening.
BTW thanks for the projection comparison.
With an approx. of 125Mshrs. Public what would you give for pps projections if the co. does meet their expectations in 4yrs.? Any ideas. If you had mentioned it I will look.
If they do in fact meet the goal to be the #2 Chocolate Milk Manf. on the heels of the #1 who I imagine is Nestle It makes one wonder if this could go to $30+ in 4yrs. time. Right now getting to $1 is challenging enough, but it would be nice to see the co. become an established highflier.
The way I hope the Co. develops is along the lines of how Snapple went although they went to market using the Bigboard and under totally different circumstances. But I look at this as being getting into Snapple when it just started going national and getting market attention to expand .They got funding through going public.BRVO is using CCE to get there.
I do not remember the Float they had going public, but I do remember they went up and split several times before getting bought up.They made a lot of $$ for a lot of people and I am hoping that BRVO can better than duplicate that seeing that we are getting in on the groundfloor of a dynamic growth co..
Patience and a keen understanding to what is happening within the issue is a must which is easier said then done, but at least we have projection #'s provided by the Co. from the last CC as a roadmap of what we might expect to happen in the next 4yrs..
Even if the numbers come in 70% accurate we are looking at a very big co. coming online that will be noticed. How the sector and the market goes is entirely a different matter. $$ talks though and they will get their notable market attention as long as sales improve qtr. over qtr. and yr. after yr. I think.
AH! Shibuya! I should have guessed it was that!
"Shibuya" is also a district in Tokyo, a popular hang-out district for slacker teens, and Shibuya Station is famous for its memorial statue of loyal dog Hachi (who waited dutifully at Shibuya Station for his expired master -- a university professor -- every day at 3 pm from 1925 to 1934)
Impressive machine, to!
Quote from: robt on September 16, 2005, 04:04:27 PM
AH! Shibuya! I should have guessed it was that!
"Shibuya" is also a district in Tokyo, a popular hang-out district for slacker teens, and Shibuya Station is famous for its memorial statue of loyal dog Hachi (who waited dutifully at Shibuya Station for his expired master -- a university professor -- every day at 3 pm from 1925 to 1934)
Impressive machine, to!
Did the expired master ever show up? Let's hope we do not have to wait that long for BRVO to break the $1 level! L
Afraid not, Hachi himself succumbed to old age in '34 on the very spot where he would wait for his master.
fascinating details here:
http://metropolis.japantoday.com/biginjapanarchive349/303/biginjapaninc.htm
Off-Topic
I did not realise that it was a dog we were talking about. Poor little guy I feel sorry for him. :'(
Seems some animals are smarter than humans and the Military leaders of Japan of that day should have taken the same route by dying before they cost the world so many lives in that period. The Japanese cared more for animals then they did of other people it seems looking back.
We seem to put so much in the effort for our pets as is seen by the NO,LA. disaster. I know I am caring for one now that has lost the 2 closest people in his life in less than 2 yrs.. He's 16yrs. Old and has a few health problems ,but I was given the task so I am living up to it.
Thx for the article and let's see BRVO move over $1 this week as all indicators are improving. We need Volume and lot's of it!
While reviewing the Bravo thread When I got to Don's post I had to check to make sure I wasn't on a Yahoo board. What's next here, a posting of David Letterman's top ten for the day. A lot of people expect a lot more from this forum than this dribble.
There were no fundamental developments on BRVO this weekend, but the technical picture is getting more and more clear: the stock is building the second shoulder of an inverted head and shoulders pattern.
Volume has picked up a bit, but not much, and that's fine for this stage in the pattern. Now I'm looking for a decisive break of the neckline level at $0.72 with volume above 5 million shares.
Can BRVO do this next week? I bet it can !
David:
Just wondering weather you have changed your pps projections from the $5 mark you had mentioned shortly after the CCE agreement for the short term?
Long term I think this will easily exceed the $20+ mark in 4yrs. depending on any Dilution I imagine.
I would like to know what Snapple did as a comparsion study.Might be some Historical data someplace as this reminds me of them ,but getting in on the ground floor before they ever went national or international.
Thx!
I think we should stick to discussing stocks here.An occasional off-topic commentary i guess is ok, but this is too far.
Jmo
While reviewing the Bravo thread When I got to Don's post I had to check to make sure I wasn't on a Yahoo board. What's next here, a posting of David Letterman's top ten for the day. A lot of people expect a lot more from this forum than this dribble.
Point taken, smites noted. It was a quiet weekend for posts and I got tired of reading about the Dog. I exercised bad judgement, so - be assured, never again. Don.
Quote from: 1reilly on September 18, 2005, 11:18:26 AM
While reviewing the Bravo thread When I got to Don's post I had to check to make sure I wasn't on a Yahoo board. What's next here, a posting of David Letterman's top ten for the day. A lot of people expect a lot more from this forum than this dribble.
Sorry, my tangent came from the confusion engendered by a bad transcription of a cc which confused the spelling of "Shibuya" as "Shibula." It was only meant to be a brief aside, and I have just edited my comments down.
The important thing is that the Shibuya machine, when/if it comes online, can produce 16 million units a month, as opposed to the current 2.5 million, and the additional 5 million coming online in April.
While doing research this morning I ran across this link which might help those who wish to look at the Beverage sector:
http://www.beveragestocks.com/Beverage_Stocks/
When looking at the Beverage Sector Charts using MetaStock they look better than I thought they would considering that Commodity & Energy based issues are the ones that are getting the most attention at the moment.
This industry recognition confirms what we already knew: Bravo! has a world class product!:
QuoteSlammers(R) Named One of the Year's Best by Progressive Grocer Magazine
Monday September 19, 9:46 am ET
NORTH PALM BEACH, Fla., Sept. 19 /PRNewswire-FirstCall/ -- Bravo! Foods International (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin-fortified, flavored milks, announced that its Slammers® milk drinks have been featured in the September issue of Progressive Grocer magazine, as an 'Editor's Pick' for one of the best new dairy products of the year.
Slammers(R) Named One of the Year's Best by Progressive Grocer Magazine
http://biz.yahoo.com/prnews/050919/flm010.html?.v=25
Go Bravo Go :D
Nice! ;D
Quote from: Michael on September 19, 2005, 09:57:24 AM
This industry recognition confirms what we already knew: Bravo! has a world class product!:
QuoteSlammers(R) Named One of the Year's Best by Progressive Grocer Magazine
Monday September 19, 9:46 am ET
NORTH PALM BEACH, Fla., Sept. 19 /PRNewswire-FirstCall/ -- Bravo! Foods International (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin-fortified, flavored milks, announced that its Slammers® milk drinks have been featured in the September issue of Progressive Grocer magazine, as an 'Editor's Pick' for one of the best new dairy products of the year.
David,
Nice work with BRVO. ;)
I added and now have a full position to hold long term.
-Jeff-
Quote from: ABEX_TRADER on September 18, 2005, 06:51:55 PM
David:
Just wondering weather you have changed your pps projections from the $5 mark you had mentioned shortly after the CCE agreement for the short term?
Long term I think this will easily exceed the $20+ mark in 4yrs. depending on any Dilution I imagine.
I would like to know what Snapple did as a comparsion study.Might be some Historical data someplace as this reminds me of them ,but getting in on the ground floor before they ever went national or international.
Thx!
I've projected $5 not after the CCE agreement, but before, after I bought BRVO at $0.26 (you can go back on this thread to check this). The dilution the first CCE deal implied made me short term bearish on the stock and more suspicious about BRVO's ability to ever reach $5, but now I think this target is plausible again (because the deal with CCE changed a lot - only the good part of the deal remained).
A comparison with Snapple? I will have to explore and acknowledge more about this company, since I never hear of it ??? Perhaps I'll do it on my next update on BRVO, thanks for the suggestion Abex_Trader.
I see no bad news today but the stock tanked almost 7%. Yet, on after hours it is up almost 7% too, so go figure ... just daily noise while the H&S pattern is building itself if you ask me.
Still looking for a break of the $0.72 level this week, we'll see. I will hold BRVO whatever happens with the stock price over the short term.
I have put more eggs in this basket than any other. Thanks for all the great updates and positive views. If it hits $5 I will be flying down to take David and his family out to dinner.
;) ;D
Thanks Curwood 8)
David:
Thanks for the reply!
On Snapple I can tell you that when it went public in the early 90's it was a FAD stock and the NYSE was promoting it.People pushed it to a high valuation ,it went up and split a few times then Quaker Oats bought the Co. for 1.7Bil. in 1993.They paid to much and then had to sell it.
I did own the issue at one time. I got off to soon though. The day it went public it either doubled or tripled ,then I got in & out.
Here are a few media piece's on Snapple that you or others might want to read as this Co. reminds me of it:
TheStreet.com
http://www.thestreet.com/brknews/consumer/973050.html
and
http://www.thestreet.com/markets/stockwatch/1083469.html
-------------
Motley Fool.com
http://www.fool.com/news/quicknews/2000/quicknews000706.htm
or
http://www.fool.com/news/2000/try000706.htm?ref=yhoolnk
-------------
I jumped out to soon on Snapple BTW,but I will make up for that mistake on BRVO. With this situation we are getting in on the groundfloor before it becomes an established Co. and moves to better exchange!
I thought I would mention it because I thought it was a good comparsion for BRVO as far getting it before it really takes off.
If BRVO was sold at 1.7Bil it would be a 15+ stock without even a PE Ratio factored in.
-------------
Thanks for clearing up your pps outlook as I had read the 1st posting then you had made the 2nd after the CCE agreement I thought when the CCE agreement was finalized and I thought you might have changed your long & short term outlook or price target.
After the news it lost 6.5 cents\shre . I think there must be pre PR news that is being told and people are taking advantage of it for that to happen. The news broke at 9:47 and almost immediately sold off.
I guess their are Hedge Fund Managers and others that are taking advantage of the price fluctuations plus the converts getting out.
Here was today's News which I guess was not posted here or elsewhere. A very good read! I could not post a link due to it coming off Ameritrade.
-----------------
Msg. Deleted!
Thanks for the reminder ABEX but this news is actually mentioned 3 times on the previous page with links. ;D Don't worry im not gonna smite you looks like youve gotten beet up enough already ;)
-fousc
Quote from: fousc on September 19, 2005, 07:45:58 PM
Thanks for the reminder ABEX but this news is actually mentioned 3 times on the previous page with links. ;D Don't worry im not gonna smite you looks like youve gotten beet up enough already ;)
-fousc
Well I try to help just like I did when I served in the Corps, does not bother me in the least! 8)
Not my Karma I worry about!
Coolwood, cool down. Consumer discretionaries like BRVO are going to take hit, atleast in short term. So bit risky to put all your eggs in this basket. I have 4% take and expect to increase it to max 10% as I anticipate short term decline in BRVO.
Quote from: stocky on September 20, 2005, 12:41:05 AM
Coolwood, cool down. Consumer discretionaries like BRVO are going to take hit, atleast in short term. So bit risky to put all your eggs in this basket. I have 4% take and expect to increase it to max 10% as I anticipate short term decline in BRVO.
Stocky, i was wondering what information you have to support your opinion that Consumer discretionaries like BRVO are going to take a hit in the short term?
Thanks,
-fousc
Two simple indicators: OIL and GOLD.
Oil taxes my pay check, gold indicates I am paying much more then last year for the same stuff. There are imbalances in the system. Atleast the perception is :) And that is important then the actual reality. Why FED is hiking rates for 11 straight meetings? INFLATION is the word.
If my [consumer] buying power is affected then I would be buying lesser of these. Here comes discretion [should be called 'no choice' instead of 'discretion']. So consumer discretionaries always takes hit when you have these scenarios.
But BRVO has some of the excellent ingredients that one could only wish for. I am eagerly looking for BRVO expansion at two key places. COSTCO WHOLESALE [snapples is there in abundance] and SUBWAY [where coke displays uninspiring shamrock branded milk products].
Quote from: stocky on September 20, 2005, 01:06:32 AM
Two simple indicators: OIL and GOLD.
Oil taxes my pay check, gold indicates I am paying much more then last year for the same stuff. There are imbalances in the system. Atleast the perception is :) And that is important then the actual reality. Why FED is hiking rates for 11 straight meetings? INFLATION is the word.
I always thought that Food Products & Grocery Store Chains do very well when Inflation is a fear.Will BRVO have an advantage if that happens?
I also have wondered about the Inflation question seeing that Gold usually goes North when Inflation is a problem.
I must admit that I am also heavily invested BRVO also due t the Downside risk factor of it going to Zero is slim to none and the upside being very good long term.
I cannot see CCE allowing us to get shares for less than they did or anywhere near their entry price.This is an OTCBB issue and I do not have to much faith in issues on this exchange. I could not pass up this oppurtunity after they signed with CCE.
I would think after the converts are out,the real production\distribution starts and the numbers start showing up in the botttomline this should take flight. There are many that bought in higher than it is now and have more faith than I do in the potential of the co..
I am not usually one that puts most eggs in one basket either unless I believe an an almost absolute sure thing.
Just thinking!
My feel on the discretionary spending idea. Honestly I didn't see myself drinking less coke or coffee when inflation was driving upward and the economy in turmoil just a few years ago. Bravo products targets kids. Parents get for the kids what the kids want, and also what is good for them... I really dont see discretionary spending impacting Bravo. Now they do need to package in 8packs or something to offer discounted prices. I would buy off on that...
We see a dip in the 50's again and the smart investors will be buying. I know I will be. Short to long term some nice shareprice appreciation is in our midst. I will continue on the dips, to roll profits from other holdings into BRVO. Be prepared to be shaked out a bit as well. Any stock ready to head north will do this.. HYRF did this just before it exploded upwards. There were many left watching what could have been...
Patience, we know what is ahead of us with the CCE distribution, 7-Eleven, and who knows what else management is putting together...
We shall see!!!!
hi,
i agree with last poster. discretionary products are not milk products . cinema tickets , concert tickets , vacations abroad, large expenditure is what people give up when they tighten their belts not everyday items like a coffee or a bottle of milk.
jmho.
thanks
maxi
1. I know of a guy who developed a new beverage. It sold well locally (in Devner) for a year. Attracted the attention of the big boys. He signed a deal with a huge distributor. High hopes. He got taken to the cleaners. Ended up wiped out.
2. Check out the CCE chart. A year ago pps 19. Today 19.
3. I've bought several of David's recommendations and feel reluctant or ungrateful to express countervailing opinions on this one.
Prfsr Hal
I respectfully disagree Hal.This is not just a new drink.Its coimbining a new drink with allready successful brands (starburst.miiky way, etc) This is almost like free advertising.You allready know these names and know that they are successful, and how could a kid (or anyone for that matter) not like a milk drink that tastes like your favorite chocolate bar? And the combinations it seems to me are endless (any candy practically can be added to change taste,your appealling to everyone)
jmo
I have every expectation of being proven cluelessly wrong and wish good luck to all who have invested.
I think everything depends on timing,marketing,packaging and presentation.
On timing & presentation they are the only reasons why Snapple was such a success.
This has the advantage of Packaging as the Advertising is on it is going to make the drink very successful.
I also agree with the poster about the kid angle. They will be the driving force behind what the co. success is. Once they are onboard the parents will follow as always.
It might go south as there is no real sure thing in the maarkets,but I am betting on it going north. It has been beaten to death and the converts will be out someday!
Just thinking!
When all is said and done - It comes down to can they move the product. Well if you had a drink company who would you like to distribute it. Well good product- great distributor. They will move the milk. Moooooooo ve it. :D
They also already have a great plan in place - seem to know their players. I think if you have to risk your money this looks like a great play. Hope we are right! ;D
Coolwood 8)
Thanks for the Snapple's information Abex_Trader, very interesting, but I would find more useful if you, or someone else, could find info for this company from the period it had it's first IPO until it was taken over by Quaker Oats for $1.7B in 1994. A stock chart from the IPO until the takeover date would be great ! I couldn't find it myself on the internet. Thanks a lot !
I also think consumer discretionary stocks may suffer along the way (the general market is set for a fall, I believe), but that has nothing to do with BRVO's stock. BRVO is yet too small to be very dependent on the macroeconomic cycle, it has so much room to expand to new markets and that trend is far more important than the economic cycle trend. BRVO is set to gain a lot of market share (because its products are competitive and it has the best distribution channel one can dream of), it doesn't matter all that much if the market grows or not (I believe it will still grow, even if the economy starts to slacken, I myself never thought of drinking flavoured milk instead of Coke but slowly I'm doing it, because my stomach is not taking all that well so much Coke :P).
Anyway, technically the stock advanced 2.5% today on low volume. It is still building the second shoulder of an inverted H&S pattern, I believe. A decisive break of the $0.72 neckline level would be extremely bullish and I firmly believe this will be the outcome for BRVO.
David:
Trying to find historical info on Snapple is what I tried to do and no one has it I guess.If I run accross some I'll post it.
Just an update from the CEO. He answered my first attempt, which was really professional of him. I don't want Roy Warren getting hammered by all of us, so I want to express his thoughts so we do not have to bother him for awhile, and he can continue to make his company better for all of us owners.
BLUF: He told me that if he could, he would love to buy stock in his company right now. He just has everything invested at this time and feels he will be just fine in the future. Now this might take several weeks, but we will be in the green, then in several months- well I think we will all be just fine. Now for those of you that think that any CEO would say that, I explained the truth of how my guys are here in IRAQ, and since we cant spend our money out at the PUBs, we invested in BRVO. I don't think a man like him that has made it this far with his associates would steer us in the wrong direction. His words were to kind and helpful. I cant prove this as the future, but I hope it helps a couple of you like it did me.
For me- for every time the stock drops .05 I buy, I wont sell until something colossal happens.
With all due respect to the duty you and your mates are performing and the hardships you are enduring, my response to some of your conclusions differs from your own.
1. I don't think it's necessarily a good sign that a CEO writes personal letters to individual stockholders. Its certainly flattering to the individual, no doubt. But I'd like my CEO's energies to be focused elsewhere.
2. That he is too invested in other companies to purchase shares of his own...? Isn't that like a husband having too many mistresses to have time to sleep with his wife? I'd like to see a list of his investment portfolio.
3. Your faith in his truthfulness to an American G.I. is (to me) mitigated by the recent conviction of TYCO's chiefs, who looted and pillaged their company and the ENRON execs who did the same. I've lived through the Vietnam era and now the Iraq era. I'm a cynical idealist. The sad truth is that people lie in order to further their own agendas, and often to so to those most vulnerable.
I'm not suggesting that Bravo's CEO IS a thief or a liar. But goodness and altruism on the part of ANY of these guys would surprise me more than revelations of self-aggrandizement.
Just my minority opinion, which as always, I hope is wrong.
Prfsr Hal
They say it is easier to believe a lie than the truth . I do believe that saying after seeing some of the things going on in the markets.
I am also one that does not believe what CEO's have to say or to read between the lines as is the case with AOOR.OB at the moment who says the deal to sell off their BioDiesel Unit is going to benefit their shareholders.
I do see that this co. has lined up the comtracts and the CCE deal.What the CEO does is beyond me. There is a team there that does most of the groundwork while he does the directing and he might generally like to get in touch with future and present shareholders. Who knows?
One phone call might bring in great interest.
I will give him the benfit of the doubt till it is proven otherwise. One question I have is if this is such a good deal why are there not morre insiders buying?
He did not say he was to busy with other Cos. stocks only that he was fully invested at this time I thought and there is nothing wrong with that if that is what was meant. If he invested in other cos. instead of his own then that might be a concern.
The proof will come out! Let's hope it's not rotten truth for all involved!
Those making comments about insiders and buying. What I notice about upper management is that they have very reasonable salaries and do hold shares. That is good enough for me. Now if they were drawing a million plus per a year or even 1/2 million per mgmt. team member per year I might question that.
Just because insiders buy especially at these low prices does not show a sign one way or another IMHO. I seen management in EAG buy and buy and of course it was taken as a great sign and the stock ran from .45 to over $2(which was short lived). I see it setting at .15 cents today and the CEO has since left...
I believe Warren has over 3 million shares and draws 220,000 per year, which I believe he deserves. So anyway spare me the business about he should be buying. It is so easy when the stock is not reacting just how everybody WANTS it to act, to come up with whatever to down play the stock. Hey that is fine by me. The stock gets cheaper, it provides me the opportunity to have more shares at a cheaper price...
Bottom line we know what is ahead. The speculation is gone.. That simple.. Relax and accumulate. I can see in a couple weeks or even tomorrow when we begin our move upwards, where there are those who jumped ship and are looking for an entry point. You will also have those who didn't get on board wishing they had. They were waiting for cheaper shares. Best case scenario you may get in at .05 cents lower at the most .10 cents. Thats MAYBE. Maybe you dont get in at all. Now for upside potential I see us well over $1 by November and potentially $2+ by yearend.
The CCE rollout will come with plenty of PR's and strategies. Just imagine the positive news to come when that happens, not to mention whatever else Bravo management is working on... One thing about the management team is, they are busy and earn their keep!!!!
I agree with David on the charts and where we may go. But for me if we dont run to .72 cents this week, so be it. I am in for the long and rewarding haul at this point. I have tasted the products along with family members and friends/investors. We all like the products and notice them selling regularly in our area.
That said everybody have a nice evening!!!!
Just to let you know I was not refering to the Co. Insiders as I know they get stock as a bonus,but people that are outside of the co..
The sign that I look for as being bad is when Corperate insiders sell.
Asking questions and seeking answers are part of BB's along with passing on info weather one likes it or not.This is america,where I live, last I knew with freedoms. If you do not wish to read the comments or answer the questions which are a part of what I thought that is a freedom to. Telling people they cannot ask questions weather you like them or not is like trying to take freedoms away.
I am long in this also with legit concerns that someone might have explainations to, iincluding yourself.
help needed.... time is running out on that great subscription deal - and I cannot make my payment!! I live in Thailand. Paypal will not work. It costs a fortune to have a Thai bank send an ET. If anyone has resolved this problem, please share. There is another #SOF fan in Bangkok who is in a similar position to me. tia, Don.
I myself do not consider selling of shares by insiders very significant but when insiders buy that is a buy signal for me.Thats not to say that the CEO isn't buying because the companys bad.Maybe he does have money in other areas and can't buy BRVO right now.Maybe he's waiting for a breakout which he obviously couldn't say that in a letter to a share holder.
If David is correct and the stock is forming the second shoulder of the inverted H & S that second shoulder is almost completely formed and we should know in a couple more days if it breaks out.
JMO
I agree with aitech61 and ultra1066. don, I'll talk to Ramsburg about your problem (excuse me, our problem), but don't worry, we'll arrange something for you :)
It is technically important for BRVO not to close below $0.565. I see lack of volume and conviction at this point. Needless to say, I will hold the stock anyway, I have patience when I know the company well enough to stay in through slow times.
Revenue and profit numbers will kick in at the upcoming quarters and BRVO will rise.
October will be a slow month as usual ,but I suspect there will be good thhings to come for BRVO.
Patience is the most important trait one can have I think when trading and dealing with these OTCBB issues. I like sure things and with the projections this is as close as a sure thing as we get I think. Kinda had the feeling this was not going to be a fast rise. Let's hope they get some great buy Vol. for support.
It can be worst as being in the Gulf the last month!
GLTA
The sign that I look for as being bad is when Corperate(sic) insiders sell.
ABE, I, also, respectfully disagree.
A better generalization might be to say that insiders buying is a good sign. There cannot be too many reasons, for an insider buying, beyond that they consider the company to be a good investment (short term or long term). There are many reasons why an insider sells. He could have had a tax audit, have illness in the family, need to finance a college education for a family member, be buying a house or; simply think that the stock is over valued.
You, I, nor any of us has any idea why an insider might be selling. Not unless you write and ask him/her; (which I did on another stock recently - COMM). I received what I considered to be a credible answer. In most circumstances, you would be unable to assess the credibility of the insider. Shorters use such news to scare stock out of weak hands. So, as a rule, you can be cautious when you see insider sales. But do not act on it as if it is a 'sell' signal for you.. Hope this helps. Don.
I agree for the most part as there are certain sells that we do not know why they happen. I am talking about a flock of Insider sellls which to me means there is something up.
recently MCEL had a few sells,but not all out dumping by a few insiders and they did not dump a major part of their shares.
I do look at Insider Buys myself and rarely look at he listing of the sells.
3 that caught my eye was SSFT ,MWY and PANL. MWY I learned Summner Redstone is taking a big stake and it dropped even further . That broke yesterday and we of great interest as I have been following that co. and the insiders. It is a good sign. What is even better the issue dropped on the news which means you'd be getting the shares chrper than he did I think ,unless he made a specal deal for the shares.
The corperate Insiders are important,but I was alluding to outside people getting into BRVO and was wondering why none were coming in.
When there is massie Dumping by several corperate insiders of most or all of their stake that is a red flag I would think.
And yes I agree the reason for selling personal shares can be for personal need by officers of the cos. which is not to much of a worry.
There was a segment of Crammer which was well worth watching which dealt with how to trade and what to look for concerning Insiders which was in agreemeent with what you guys are saying. I do not follow him or his picks,but that segment was a good watch. He has been around long enough to pick up on tidits of wisdom concerning market workings. His picks are another thing. He seldom recoomends an issue under $5.
I have my own Algorhytm which took me a long time to come up with which screens for issues to look at.
This market is going into a spiral right now!
OT-What was SOF Mag you were talking about? Soldier Of Fortune is the only SOF I know of.
GLTA
SOF = Stocks On Fire :)
We can abandon the reversal H&S idea on BRVO. The stock closed below $0.565 and besides the length of this second shoulder is too much now. This doesn't mean the stock is turning decisively bearish, it just means another accumulation pattern is unfolding (in my opinion).
Volume picked up a bit which is always welcome. I will continue holding the stock.
I tracked the trades late in the day which I feel is the most important time to watch. It was quite Bullish which is a good sign to me.
I will hold regardless as to what happens in the short term as I believe there is just to much potential here and CCE did not get into this to lose $$.
SOF :D well you do need to be a soldier sometimes to fight for what you believe is true concerning the sub $1 issues! When these issues flounder allittle it is best not to fret when they fall as it does not help. These OTCBB are very Volitile which makes many people impatient and have mood swings I have found. I no longer look at the paper loss on them! I sit guilty also as I am impatient at times,but try not to have mood swings as it does not help and even hurts some people. Last thing I need to do is hurt others I think.
Did not know there was a Mag also! Will check it out as there are very few sources that follow low priced stocks.
Last thing I will mention is to give an example of how dead the markets are with the exception of Oil or Energy .Today CYTR ,which I own in the Bio sector with a great mgmt. team, came out with news that people have been waiting months for.Did not do anything for the pps.
Hang in there,it will get better I believe! Nothing has changed.CCE is not in this to lose $$ right. It might just be a shakeout due to market conditions. I will be adding more shares at these prices! I predict this will move up on no news one day. The best stocks always do.
New to this site and fairly new to "active" trading. Taken some time reading some posts and I must say there are many knowledgeable traders here!
Just thought I would add this to the BRVO board.
Today I saw Bravo's Slammers in our grocery market and bought a pack home for my chocolate milk expert to taste. They only had one flavour which was the Milky Way one.
Well, I gave one to my expert and waited anxiously for his professional opinion and ....... he Loved It! He said it was the best chocolate milk he ever tasted! :o
Well that did it for me ... I already have traded BRVO but sold when it ran up to $1 mark and decided to buy back in.
Just thought that I would add this in .. never thought I could actually sample something from an OTC stock and have always had suspicion regarding their products.
OH, by the way, I also drank a small sample and it did taste like a Milky Way Bar. My 10 yr son and I agree .. It was a great product. If you can't trust a 10 yr old's opinion regarding chocolate milk and I don't know who else to leave it to.
Keep up the great work guys!
David and Ramsburg,
I just sent another donation your way.
I have been buying Bravo again after buying and selling several times, I hope to hold long term and have half a position so far averaging .61.
David, any idea what the bottom will be. I would be very surprised to see this stock below .5.
I hope we don't end up in a low volume holding pattern until earnings are released.
I will hold also for the long term >:D
updated chart:
Posted by: kpusan63
OH, by the way, I also drank a small sample and it did taste like a Milky Way Bar. My 10 yr son and I agree .. It was a great product. If you can't trust a 10 yr old's opinion regarding chocolate milk and I don't know who else to leave it to.
hi,
sounds like a classic peter lynch move. (" one up on wall street")
if you take it home and the family is either eating, drinking , wearing it, using it then he would look into it as a possible buy.
this book is a great fun read as well as " beating the street" same author.
happy trading
maxi
Well i continue to hold this one even though its not moving.Does anyone know when there earnings come out? Maybe that'll get the stock moving forward. You just gotta beleive that the earnings are gonna be good and get the strock going.We'll see.
P.S. Made a donation.Keep up the good work.
Just a word of minority opinion and caution about the validity of the "Taste Test" as econonic indicator. Kripsy Kreme. Was 12 now 5. Coca Cola. 5 years ago was 60 today 40. CCE four years ago was 19, Now 19. Lehman Bros recently downgraded bottlers.
Prfsr Hal
No offense Hal but you certainlly are negative on this one.This is a new product is on the way up. Maybe after its grown to its potential it will start heading down years from now.
Yeah Krispy Kream is down but how was this company when it was groing and starting out a few years ago.It skyrocketed if I'm not mistaken!
Hal,on the positive side this co. is just starting to get into it's growth stage and with CCE being a distributor it is going to become a dynamic growth stage instead of a trickle.
It's to bad we have to work through the converts first ,but I think it's safe to say the first yr. we should see the pps go up expotentially frm where it sits at present.
Atleast that is what I see.
I am the last to jump on the rah-rah train as far as touting mgmt. and making up T-Shirts with co. logo's!
I thought the packaging would be a successful ploy whereas some of what is being said concerning the Kid's falling for the packaging! I am going to stop today to see if I can find a few to try.
Good luck!
The BRVO people know what they are doing. They have a fun product. They team with winners like Coke and 7-11, and they know how to appeal to investors with quick answers to e-mails and an impressive investor relations department. Take a look at their investor newsletter. It convinced me to buy a few more shares. And to top it off, I have some of my own suggestions for them to make BRVO even bigger ( not photos of bikini girls on the bottles)!
Just issued their first newsletter.
http://www.bravobrands.com/insvtrs_newsletter.html
Believe me, I hope that all of you are correct. But as the board is meant to be a interchange of ideas, I just offer my minority opinion.
I am long on several of David's picks (HOM, EYII,) and remained invested or reinvested in some after he was was done with them (CWPC USGL). I place great value in his and your opinions.
Prfsr Hal
Snowcat, Thanks for the link.
I just thought I would mention on the Close again today there was some impressive buying and they came out with their newsletter mentioning their ramp up to promotions and production.
Over 725Kshrs where bought around the EOD. And the CEO was a guess speaker at a FLA. College today.
How ever you call it this stock will be interesting in the coming year.
Quote from: ultra1066 on September 23, 2005, 11:39:23 AM
No offense Hal but you certainlly are negative on this one.This is a new product is on the way up. Maybe after its grown to its potential it will start heading down years from now.
Yeah Krispy Kream is down but how was this company when it was groing and starting out a few years ago.It skyrocketed if I'm not mistaken!
Don't feel offended, but the last thing this open forum needs is 'yes' people. Contrarian views should be accepted! I challenge you to engage contrarian views in a meaningful way. The question to ask is 'Why'.
It's a shame that people on this forum use the 'smite' to mark contrarian view points. Frankly speaking I am not bothered by it but applauds/smites have their place!
Bottom line, I am more interested in enhancing my trading knowledge and hopefully SOF will become the place on the Internet.
Please don't mistake asking hard questions with negativity. Remember, the principal to the Scientific Method is that once an hypothesis is stated, its promulgator then tries not to prove it but to DISprove it. Failing to do that, it stands.
The logic behind the enthusiasm for Bravo is that CC would not make a deal to lose money. And I agree with that entirely. But their making money does not guarantee Bravo making money. In every industry the large exploit the small.
CCE is distributing Bravo, which is likely a good thing. What about advertising? Has that question been addressed? I know many authors who have had books published by large houses and then seen them die on the vine...no publicity. Will Bravo products be heavily promoted by CCE? Production and distribution don't mean much unless there is heightened public awareness. That would be a key factor in its success.
If there were no board, these questions would just be in my own mind. But this is the very purpose of such a forum. I hope no one will take it in any other way than that. Best of luck to all.
Prfsr Hal
Hal,
I was only making a light-hearted comment regarding the so called taste test. We all know that a company will not surviive soley based on this. This company needs to prove to the investors that they are taking all the neccesary steps in order to market their product(s) correctly and able to manage their finances.
Sometimes discussions on boards can be very serious and mine was meant to be taken lightly. I did not purchase BRVO based purely on the so-called "taste test". I wish it was that easy, but it was nice to know that the product does exist.
OTC companies are a big gamble and speculative
Hal:
I respectfully disagree with many that are taking shots at BRVO's potential and recognize the things that you mention.
Advertising is being adressed.The co. that has done the packaging is also working on the advertising and they have pushed some very highly touted names.Redskins\USA Soccer League\NAS Car and Radio\Newspaper Ad's etc.. I do not know whatelse can be done. If you have suggestions even the co. accepts advice and from what I understand have used some.
There are marketing deals that have been made and just today the co. made remarks about the upcoming roll-out and the advertising push that will be made.
Tonight I went into a Shaws Supermarket in NH. and could not find the product and was made aware of the fact that there were so many products to choose from it's mind boggling.
What shall help is CCE shall be putting the product in vending machines along with schools and Military Bases. That is very smart IMO.
I think the Co. is making the right moves and I disagree with what is or has been said by many people as to the issues prospects and their chances. We will see soon as to wether the CCE agreement is going to make a big mark in the marketplace and that the pps will appreciate.
AT the very worst I believe for those that got in after the CCE agreement was signed that it will be a breakeven issue so the risk is not great. The conversion has taken it's toll on those that have had faith in the issue including myself.
Most people today want rewards as fast as they put their $$ up and that's generally not the way the markets work ,especially for an issue like this.
I feel we will see the pps appreciate by the end of October ,if not i shall start to have my doubts because by then the word and the converts will be well out and the anticipation for the product hitting the marketplace will have settled in.
I say give it from Oct .25 to Nov. 15 for the period to see what to expect .Until then please try not to look into what the co. prospects will be doing long term without some examples I have asked others. It is to early right now,but the things that are being mentioned are being addressed is my point. The Convertors are the thing that is dragging this down and the people that don't have faith in the co. are weighng down those that do. It is not wrong to question the co. ,but I would have a fair amount of example as to why they are taking the negative posture torwards the cos. chances of success. Some are just plain ignorant bashers that have moronic or in a way evil motives as they do not like to see others have success. To those I ask to find a worthy cause like Lnadmine destruction in Iraq,Afghanistan or Bosnia so wome poor soul does not lose life or limb.
If they come close to meeting the projections they have clearly laid out what do you think the pps apprecition will be is a good questiion I have for those that are taking the opposite stance torwards the cos. chances. So what do you think? And don't you think it's a fair play as far as if they do not meet their intended projections to atleast have their shareholders at the moment atleast break even given the long term prospects of the co.? I certainly do.So at worst it's an even bet with only time being wasted here IMO.
They have the packaging,the advertising and will start to take out market share & competition in the coming year. Give it a month before you judge where it will be going I say.
Anyway ,Those are just the things I have looked at and I believe I am corresct and am being cautious about the co. on their prospects for the future.
At worst ,long term it's an even bet! It's a pretty good bet I feel and that is why I took it with the upside potential being great!
If CCE ,7--11 and all the Supermarket deals cannot bring this co. $$ then nothing can.
On the other extreme I have learned most things are never that clear in the market and people were talking without knowing the Convert action was to come. If they only knew,right! Those are some of the surprises that have plagued this cos. shareholders thus far ,but I think things are going to change quickly in our favor.
Just my thoughts!
I'll drink to that - (slammer)
or mabe after that I need a drink (slammer II) ;D
C 8)
Qoute from ABEX
I say give it from Oct .25 to Nov. 15 for the period to see what to expect .Until then please try not to look into what the co. prospects will be doing long term without some examples I have asked others. It is to early right now,but the things that are being mentioned are being addressed is my point.
I'll drink to that too!!! ;)
At the price now, I'm gonna buy as much as I can afford. I think this is way undervalued when you think of long term potential. Bollinger bands are tight, and it hit the bottom today. If I see green at open I'm gonna start buying more, while hoping the dumping is done. I think when it starts moving, It's gonna go big. I also thought the newsletter was impressive and informative. I would think it's at the bottom within a cent or so, but I've been wrong before. I just know it's going to be higher than what it is now, patience is the key here. Just hoping I can pick the right bottom to make the big buy....any ideas?
Some statistics: Marketmakers as of today.
April 05: 28
June 05: 32
Sept 05: 51
Go to:
<www.otcbb.com> and plug in BRVO and follow to corp profile section which has a link to list of marketmakers. Look up Total MPID Count. This was done with guidance by jamiedryer at BRVO IR. Don.
My estimates of when, as APEX put it to see what to expect follow.
I went over the SEC filings and NR's for the year to date, for the following brief summary:
Quarterly Revenue Report Release dates:
Q1 3 mos ended March 31 was released on May 11 2005
Q2 3 mos ended June 30 was Aug 15, 2005
Q3 3 mos ended Sept 30 est. Nov 15
Q4 3 mos ended Dec 31 form 10KSB est March 22, 2006
Shipments to Shaws, Walgreens and Safeway started at Mid year (late May/June 2005).
The Schools Distribution Program, via Tabatchnick and to Sainsbury (the UK) was announced in July.
711 and a new group of 22 convenience store/petroleum chains distribution announced in August.
CCE will start to roll out in Oct.
I am not posting any 'new' news. But, this tells me that:
#1 we will not see any meaningful revenue growth from non-CCE sources until the Q3, unless Roy starts to announce monthly revenue numbers (which is unrealistic to expect).
Even then, I expect we will see limited growth in new non-CCE source revenues and dramatic growth in sales and marketing costs, and that will not be until mid Nov. 2005
#2: we will not see any meaningful growth from CCE revenue sources until the Q4 - which will not be seen until, in my estimate, mid March 2006.
In that sense, ABEX is right, from a non-fundamentals point of view, when he posts: Most people today want rewards as fast as they put their $$ up and that's generally not the way the markets work ,especially for an issue like this.
Consequently, anyone expecting to see tangible revenue growth is going to be waiting for some time. So, anyone buying in expectation of an early stock price rise, based on tangible news of revenue growth may be disappointed. This is how I see it, from the point of view of a value or fundamentals investor. The news is not going to be there, until 5 months out - unless:
- Roy announces revised revenue guidance for Q4 2005 and fiscal 2006 (and remember, 'guidance' is just that. It is an educated guess, not a tangible fact.) or,
- an analyst picks up on the stock, which is unlikely, as the stock price/market cap/and so on - these do not meet most analysts' criteria. jmho, Don.
It looks like from the MM #'s you posted that they are starting to line up their positions for the coming period.
Usually the Market players look forward instead of backwards of what is to come and that is why I thought the Oct.\Nov. period would start to see some action.
By that time there shall be more market awareness and this convert period should be over like I mentioned. It will also mark the time sideliners shall be anticipating the CCE rollout.
All we can do is wait for the time to past and the real action to begin. BRVO are doing the right things and I hope that Dave's pps target is correct.
I think that the cos. projection #'s and to become the #2 Milk player in 4yrs. will make this co. many Millionaires and Multi-Millionaires in the yrs. to come.
These are the types of plays that people wish to find their whole lives I think if the cos. projections are meet. If they even come close to their goals this will still bring many people that get in now very happy.
Thanks for the MM #'s as it shows that there is a marked upswing in interest by the serious players.
Good luck to alll! I am staying in for the long term uptrend!
I think that the cos. projection #'s and to become the #2 Milk player in 4yrs. will make this co. many Millionaires and Multi-Millionaires in the yrs. to come.These are the types of plays that people wish to find their whole lives
Sorry, APEX, I find your expectations to be way in excess of where the company is at right now, its own projections, its extremely illiquid financial situation and so on....
Of course, you are entitled to your opinion and it is welcome to read your point of view. But you will have to provide something better than rah-rah, to support your projections of enormous share price appreciation. If I assume an average long term position in this stock is 100,000 shares, I find it difficult to follow who you think will become a multi millionaire? E.G., a short term trader might hold 500,000 shares, but I doubt there are many here, who would commit that amount of capital to a risky, small cap, very junior stock, for a year or whatever it takes. Let me assume, 500,000 shares at 60 cents is $300,000. These investors would have to hold the stocks through a 500% stock price increase, in order to make a profit in excess of 1mill. This is the kind of post I would expect to read at a 'chat' group. A newby reading your post would be quite misled. Would you mind, to post tangible sales expectations or earnings per share expectations which give you cause for such optimism? This is harsh, but alll meant as positive criticism. In that sense, Proff Hal is absolutely correct, if you must postulate, you must be prepared to debate your position. I look forward to debating your position; thanks for your post., Don.
Don:
Sorry that I had taken up so much space to the reply so I decided to rewrite my reply.
The CEO speaking at a FLA. College Friday was said to remark that his price target for year 3 was $5-$7. Dave's own projection is $5 .
If by or between year 4-5 they are banging on the door to be the #1 Chocolate Milk drink in the nation then it is not unreasonable to see the stock price might rocket to the $20-$30 range at some point. That being the case for those holding 100Kshrs.+ shall be Millionaires.
I have not marked down the #'s given in the CC yet, but I know they are very high and even if they do not meet them ,if they come in somewhere between 80-90% then the cos. Worth will be more than most people get through $1+ issues was my point.
Yes, not many people get into issues that go from the .50-.60 mark that have numbers that have potential to go as high as this might in the yrs. to come.
The worst case scenario is that this is a break even stock meaning that the risk of losing $$ is slim to none if people have patience to hold 6mos. Out.
Even holding 50Kshrs and having it going to $7 would make Millionaires of people holding it until it hits the $20 level which it shall if they do in fact become the #2 Chocolate Milk drink and banging on the door of #1 as the co. put it.
As for myself I hope to be able to use technicals to trade in & out of it to take advantage of the swings the issue has on the way to $5-$7 which might bring my profit up immensely and I know there will be others that do the same making them allot more than if they were to just invest. Those are the traders that will make the most from the stock and become the Millionaires and Multimillionaires I alluded to. If it becomes another Snapple then it surely will make even those that hold 50Kshrs millionaires in the long term.
This is a ground floor co. that might become a major growth story for the next 10yrs. The way a few other cos.have like BOOM and others. There are cos. That if you had just invested $1K in and just let it grow would have made you a Millionaire over a number of yrs..Those are the cos. That people wish they could have been fortunate enough to have found.
I still maintain that this is a game of risk and I see this as very low risk long term and am still adding to my position. I think we are looking at getting on the ground floor to a great growth issue and I hope I am right. If I am wrong at worst we will be able to get out with no loss breaking even. If that the case the only thing we are out on is time.
Lastly IMO CCE has been looking for a Milk drink to add to their line and they will work to make BRVO meet their projections which in turn will boost the pps and make both cos. $$. They are in this to make $$ also. It's ludicrous to think any other way of their relationship. In the coming yrs. They will add more accounts and may add the likes of McDonalds ,Burger King or any number of fast food chains which shall add tremendous amount to the bottomline.
I will listen to the projections again and come up with what might be the pps #'s that relate this week. Last night or early this morning it would have been to late to do so.
I was thinking of the buyer that made an investment of buying 625Kshrs who could have been who knows or the others thst are taking hugh positions at the close over the last few weeks I have noticed ,if they hold for the $5+ level shall easily be a Multi Millionaire's.
JMO
Good morning :)
I've applauded Prfsr Hal and starfire and I absolutely agree with their views on this message board.
I was reading your posts and felt encouraged by two things:
- Another one of you and his kid tasted the product and loved it ! This is the pure Peter Lynch approach, as you can read on his classic investment book «One up on Wall Street». If you like the product you probably should buy the stock (of course, that's when a product is being launched, the comparison with Krispy Cream or Coke now doesn't make any sense to me, you need to compare companies when they are at the same stage of development - Bravo is just starting, Krispy Cream and Coke are obviously very mature companies).
- I was reading the newsletter and I think that breakfast idea is awesome. Just a few minutes ago, I was here at the office and didn't ate breakfast. I went to the gas post and look for something to eat or drink, and there was nothing tasty and fast for breakfast. I bought some «Chipicao» and of course, liquid yogurt, since I never found anything like flavoured milk here in Portugal, or for that matter, in Southern Europe. So Bravo has a very innovative product, this breakfast thing is going to sell a lot, I have no doubt about that.
But, the hard numbers in terms of revenues and profits will only start coming at the end of 2005 and beginning of 2006. That's why the stock is still so cheap, investors need real facts to jump on board. Also, the company needs to make an effort to go to another exchange, but for that they probably have to have their share price above $1.
Technically we have a rectangular formation in the making. The downtrend seems to be over, but there's no uptrend yet. This looks like an accumulation phase. I don't know where's the bottom, but I think it isn't much far from here.
I will patiently hold BRVO for the long term, leaving 6.66% of the 3 Stocks on Fire Portfolio in it.
hi,
thanks dave . i agree with you about the peter lynch comparison. here is my earlier post reiterated,
thanks maxi
hi,
sounds like a classic peter lynch move. (" one up on wall street")
if you take it home and the family is either eating, drinking , wearing it, using it then he would look into it as a possible buy.
this book is a great fun read as well as " beating the street" same author.
happy trading
maxi
ABEX: I don't know if you'd seen a similar post on RB, but I was compelled to include here for others to digest. It's just my personal analysis of what to expect in the near future.
If you listen carefully to Bravo's MDA cc, you will hear RGW talk about his plan to achieve 1% of CCE unit volume in 3 years, with 1/2 of that anticipated in 2 years. For 2004, CCE sold 42 billion units; 1% would be 420 million units. Now, if you do some DD on CCE, you will find that their plan is to grow unit volume by 1% per year.
Therefore, taking RGW guidance for 2006 together with his plan to achieve 0.5% and 1% of CCE unit volume in 2 and 3 years, respectively, will give an idea of what to expect for Bravo's revenues over the next 3 years. At the very least, it will give a rough estimate.
For 2006 (Year 1), RGW offered guidance of $70MM to $100MM in total revenues. Taking 5x sales (industry standard) and 233MM shares O/S (worst case), this gives a low end of $70MM x 5 / 233MM = $1.50 per share and a high end of $100MM x 5 / 233MM = $2.15 per share.
For 2007 (Year 2), RGW offered indirect guidance of 0.5% of CCE unit volume. For 2004, CCE had 42 billion unit sales. It plans to increase sales by 1% per year, which gives 2007 unit sales of 42 billion x 1.01 for 2005 x 1.01 for 2006 x 1.01 for 2007 = 43.3 billion unit sales. Now, 0.5% of 43.3 billion is 216MM units. Assuming a CCE unit cost basis of $0.67, Bravo 2007 revenues might very well be 216MM units x $0.67 per unit = $145MM, which then gives $145MM x 5 / 233 = $3.11 per share.
For 2008 (Year 3), RGW offered indirect guidance of 1% of CCE unit volume. Unit sales for CCE should be 43.3 billion x 1.01 for 2008 = 43.7 billion unit sales. Now, 1% of 43.7 billion is 437MM units. Again, assuming a CCE unit cost basis of $0.67, Bravo 2008 revenues might very well be 437MM units x $0.67 per unit = $293MM, which then gives $293MM x 5 / 233 = $6.29 per share.
To summarize share price expectations for Bravo:
2005 (Year 1) pps for 2006 expectations: $1.50 to $2.15 per share
2006 (Year 2) pps for 2007 expectations: $3.11 per share
2007 (Year 3) pps for 2008 expectations: $6.29 per share
It's quite interesting that RGW gives an estimate for a Year 3 pps of $5 to $7 – it seems just about right, considering the prospects for the future.
Nevertheless, however conservatively calculated, the fair market value for the pps can in no way supplant the true market value for the pps that is actually being traded. The true pps value will always be shaped by the dynamic forces at play in the open market - forces that push and pull on the pps on a daily basis (that is, the buying and selling pressures).
Been_Burned_Before
PROGRESSIVE GROCER: The Winners' Circle
http://www.bravobrands.com/media/img/090105_editors_pick.pdf
Been Burned!
Bravo to you for posting that. There are always unforseen forces that will dictate where the pps shall go and given the guidance, if they meet their expecttions and the market moves it then I'd bet those numbers are modest for a pps outlay.
I say that because sometimes the market will push the price to higher levels due to a number of factors.
If it becomes a fad play for one like Snapple was. If the PE ratio is under the market's or if the co. gets a contract that has the whole market move it on unrealistic expectations as was the case when the rumour was flying as to the CCE deal.
Either way I think that we will do ok and those that get in now will either be well rewarded or exit when it meets their expected pps.
As for myself the markets are all about Risk and Technicals are used or I use in order to minimize those risks. I feel the Risk to Reward on this stock are quite good.At the very worst it is a breakeven issue for those that might not be patient enough to wait. I hope for an improvement in the chart soon.It will be nice t seee the MA's crossover for one thing.
The CEO was a Broker I believe and he is basing those #'s on fundermentals. I cannot remember if I saw PE's involved there and weather the sectors PE was counted into that.Quite interestiing though! Thanks for saving me the work as I have a number of other issues that need my attention.
I ,in my old age, have come to appreciate a 3% gain rather than a loss of any kind so I am grateful for whatever I get for a winnings. Let's hope the co. can meet their expectation and they are found by the marketplayers as a good investment long term first.
If the product is well recieved in it's first year I hope it brings in even bigger clients. Even getting to the listed contracts they have lined up they are bound to get attention from their buyers which in turn might bring in big buying to drive the pps up.We'll know soon enough.
Thanks and good luck!
Great research beenburnedbefore, congratulations and good luck holding BRVO !
Nothing new happened yesterday on BRVO, I will continue holding the stock.
BRVO touched support on increasing volume. There were no news today to analyze. I will continue holding the stock even if it breaks support, which I don't think will happen.
Bought it today for the second time at $0.525.
May be the stock is in range trading.
No much downrisk at this price level.
hi,
did bravo really have a low of .09 today? swa this on yahoo and stock ta.
thanks ,
maxi
nope, must have been an error, i ASSume. I had a limit buy at .50 and it did not take.
I show the same thing using Metastock Charting.
It could have been that the MM's went down and took out the Stop Loss order's that were set for all the way down there.
I have no idea really ,but it surprised me also to see when looking at my charting system.
One things for certain I shall not be using Stop Loss order's with this just incase they are doing that.
Quote from: ABEX_TRADER on September 28, 2005, 08:00:48 PM
I show the same thing using Metastock Charting.
It could have been that the MM's went down and took out the Stop Loss order's that were set for all the way down there.
I have no idea really ,but it surprised me also to see when looking at my charting system.
One things for certain I shall not be using Stop Loss order's with this just incase they are doing that.
At OTCBB stocks there can be trades out of the bid/ask spread. Probably that $0.09 low was the market maker taking advantage of a distracted investor that made a mistake placing an order. Many brokers don't accept stop loss orders for OTCBB stocks.
But I don't see any volume at that price on my intraday charting system, so possibly it is a communication error.
Anyway, when things like these happen, and they happen all the time, I delete them from my chart or the error would distort it.
BRVO ended up making a nice rebound from the horizontal support. Volume picked up considerably at the end of the session, which is a positive indication for today's session.
It could have been that the MM's went down and took out the Stop Loss order's that were set for all the way down there.
This raises an imprortant question. Do you know of a specific broker who allows stop loss orders, on OTC? tia, Don.
As I had mentioned:
"I have no idea really ,but it surprised me also to see when looking at my charting system."
I will at somepoint check to see weather Ameritrade or Etrade accept StopLoss orders on OTCBB issues.
Thanks for clearlifying what might have happened David as it was weird to see it show-up. I did not check an intraday chart to see what might have been the orders going through. I 'll try to remember to do so.
Interactive Brokers allows stops on OTC stocks but does not allow pre and post market trades in them
If these predatory MM's go down and gobble up stop losses beneath the prevailing price, how doesn't that trigger limit buy orders that are also lower than the prevailing price?
prfsr Hal
Prfsr Hal - don't worry the spike you may see on your chart form yesterday is not real it was bad data
Looks it's starting to move. hope they don't dump on it again.
ANOTHER TASTE TEST! Found a Milky Way Slammer at a Ralphs's in Oxnard, CA. I'm not a big fan of flavored drinks, but I really liked this one. I'm glad to be holding stock on a product this good.
Michael
Quote from: metro on September 29, 2005, 12:00:53 PM
Prfsr Hal - don't worry the spike you may see on your chart form yesterday is not real it was bad data
It was more a general question. If stop losses are taken out, doesn't that establish a price base where limit buy orders just as low can be executed?
Quote from: mcolin on September 29, 2005, 05:07:12 PM
ANOTHER TASTE TEST! Found a Milky Way Slammer at a Ralphs's in Oxnard, CA. I'm not a big fan of flavored drinks, but I really liked this one. I'm glad to be holding stock on a product this good.
Michael
Thanks for the input Michael :) Many people loving the product will probably make many people love the stock in the future.
QuoteIt was more a general question. If stop losses are taken out, doesn't that establish a price base where limit buy orders just as low can be executed?
Yes, that would be the case. But on OTCBB an order can be executed out of the bid/ask spread, that is, you can sell lower than the bid or buy higher than the ask price. The market maker takes advantage of these orders. But in BRVO's case, as metro said, it was bad data, there were no trades at $0.09.
Considering BRVO I can design a little short term resistance line to be taken out in the near future, I believe. Fundamentals will reign supreme and I have no doubts about the growth ahead for BRVO. Probably there are some people that were disappointed by the changes of the deal with CCE, but those changes were for the better !
I will continue to patiently hold BRVO.
Stopped at the Sam's Club in Sheffield Ohio yesterday. They had 14oz MilkyWay or Starburst in a nine pack carton. The price was $8.52 per carton. There were two pallets holding 180 cases each. The Newsletter stated Sam's August order for MilkyWay was for 250% more than the last three quarters combined. Good luck to all.
Well today was the first time i've had a smile on my face watching BRVO's price action since filling a position 2 weeks ago. Today was a great day for BRVO, price action made a close above the 20 Day EMA for the first time since 8/08/05 as well it broke through Daves descending trendline he has drawn on the previous post. I think that next week is gonna be a great week for all of us BRVO fans.
Close above .72: start your engines.
Fill the gap at .79: Lets rock!
-fousc
Nice day Friday.. I would had liked a little more volume. Hard to complain on an up day though especially after the inverted h&s play fell through. Maybe we can pick the volume up a little Monday and break that .72 cent barrier!!!
Have a great weekend all!!!!!!
Winston-Salem NC. Sam's here also carries the 9 pack Milky Ways for $8.52. Sizeable display area (same as the other drink products) positioned in the same isle with Gatorade, Perrier, and other popular non-soft drink products. Bought a pack. 2 of 2 people liked it, and 2 of 2 immediately thought it tasted like a YooHoo chocolate drink for those familiar with it.
I would've like to of seen more volume on this break of the trendline. This has some potential this comming week. Good Luck.
Updated Chart.
I was watching the NHRA Powerade Drag Racing finals, joliet, il, on ESPN.
One of the finalists was driven by a woman, the first woman to make it to the final run. The car was sponsored by "SLAMMERS, the ultimate milk"
They had a URL on the car as well
I thought this was very cool and wanted to share that with all of you
www.slammersracing.com (http://www.slammersracing.com) Great site
Great info, thanks :)
I wouldn't be much worried about the low volume on BRVO. We've had a 10% advance day with just 1,374,500 shares traded. So, it didn't take much to move the stock 10% up. What can we conclude from here? Possibly the selling from those 12 shareholders has ended or is getting weaker and weaker until it stops.
If you go back on this thread you'll learn the importance of this issue. The stock didn't go up immediately after the CCE deal was changed because there were people holding options to sell 69 million shares to CCE at price $0.36. With the deal change these people were free to sell on the open market their shares bought at an average price of $0.125, so they did, at least partially, getting a 400% profit in just about 6 months.
It was this selling that prevented BRVO to climb, even though the changes over the CCE deal were for the better (much less dilution, CCE giving almost the same money to BRVO, because the price changed from $0.1625 to $0.36 and BRVO management maintaining control of the company). Now we have indications that the selling of part of those 69 million shares might be over, because the stock easily rose 10%, not because there was great demand, but because supply has vanished 8)
Let's see if we can take out $0.72 this week, that would be marvellous :-*
Interesting related milk-beverage company: http://www.macfarmsinc.com/
The Investor Relations link on the page is down, but they just made the San Jose Mercury News' Good Morning Silicon Valley with this quote:
"You still get the effect of carbonation, but you don't walk around burping all day long."
-- Mac Farms President George Clark extols the virtues of e-Moo, the company's carbonated skim milk drink
Ihad my buy in a .50. Missed it by a ha'penny. I hope all you Bravistas have a great ride up.
Prfsr Hal
BRVO's volume and price action suggests investors are starting to perceive there's no more selling from those 12 shareholders that had 69 million shares. Everything is ready for the stock to challenge the $0.72 resistance barrier.
I will continue holding BRVO.OB.
Quote from: Prfsr Hal on October 04, 2005, 01:00:28 AM
I had my buy in a .50. Missed it by a penny.
When I bought it last week, I put a limit order at $0.53 (higher than ask $0.525) and I got it at $0.525 (not many, only 6K shares).
If you want the shares, you'd better bid with a higher price.
Today BRVO.OB had a pullback on lower volume. After hours the stock is trading up 4.5%, so no big deal.
Market-Pulse put the stock on their hot list for today which is not good, I don't know who buys their recommendations, stocks seem to fall everytime they mention them.
Anyway, these are all short term developments and I'm a long term investor in BRVO.OB, not concerned with day to day fluctuations.
PR Newswire
Bravo Foods to hold Broker Meetings hosted by The Corporat Forum/Boston Stock Brokers Club and OTC Financial Network from Oct 6-Nov 9th. These meetings are held throughout the U.S. and are good exposure for this company.
Pepsi is also getting into the milk space now with their own brand under the Quaker label-which they now own as part of the Gatorade deal a few years back. Not sure if this hurts or helps our cause but looks like the flavored milk category will continue to grow! Hopefully so will our profits!
:o
b
Coke's previous attempts to grow their own milk brand failed. Slammers' attractive packaging, strong licenses, and taste are all proven in the market, which is why Coke approached.
After their Quaker experience, I suspect Slammers will be looking very attractive to Pepsi! Coke won't dare to let them go.
BRVO.OB is still stuck on that range between $0.50 and $0.72. Possibly the last couple of days action is a retest to that short term descending trendline that was broken on the upside last Friday.
I will continue holding BRVO.OB, whatever happens with the stock price.
For the first time in a lot of time there were no comments for BRVO.OB today from 3 SOF members. The stock is really boring at this moment, I know. But boring doesn't necessarily mean bearish. In fact, it may mean the opposite, as long term believers are the only ones holding now, and they wont sell.
I'm one of those and I will continue holding BRVO.OB for the foreseeable future.
Quote from: David Randolph on October 06, 2005, 06:35:31 PM
For the first time in a lot of time there were no comments for BRVO.OB today from 3 SOF members. The stock is really boring at this moment, I know. But boring doesn't necessarily mean bearish. In fact, it may mean the opposite, as long term believers are the only ones holding now, and they wont sell.
I'm one of those and I will continue holding BRVO.OB for the foreseeable future.
I'll make the first comment, Holding for the long term and added 3% more @.56
QuoteI'll make the first comment, Holding for the long term and added 3% more @.56
The first and only johnbmcginnis :)
BRVO.OB is still stuck on that range between $0.50 and $0.72, and it looks like now it is trying to build an even tighter range between $0.55 and $0.66. These are all accumulation symptoms.
There were no news during the weekend. I will continue holding BRVO.OB.
In my local Sunday paper, there is a section with glossy coupons. In the section was a 1/2 page ad and coupon ($1 off the purchase of 2) for Slammers!
Maybe bring the stock price up a little b4 discounting the merchandise?
Quote from: snowcat on October 10, 2005, 02:02:36 PM
In my local Sunday paper, there is a section with glossy coupons. In the section was a 1/2 page ad and coupon ($1 off the purchase of 2) for Slammers!
Maybe bring the stock price up a little b4 discounting the merchandise?
To the contrary, it's actually an excellent strategy and well proven for the introduction of new products or brands.
It's an impetus to get the consumer to try a new product and hopefully like it enough to continue buying it. Although she certainly doesn't need to, my wife clips coupons from the Sunday paper ad supplement and we have tried a myriad of products we would not have purchased otherwise. Several have become staples in our household.
I am thrilled to think of Slammers coupons. Sales volume is exactly the first step needed - nothing more nothing less - to drive the price of this stock. BTW, another product spotting in N.C. - Slammers in Walgreens - the Starburst ones - unlike the uniformly liked Milky Ways in my household, the reaction of 4 tasters was 1 positive, 1 okay, and 2 rather nots. :o
Thanks for your comments about BRVO's marketing strategy and quality of products :)
The stock today had a mild bullish reaction, which makes me think the short term bottom is in around $0.55. A smaller range for accumulation is building, between $0.55 and $0.66.
I will continue holding BRVO.OB for the long term.
hi david,
is this not the inverted head and shoulder pattern forming now?
help on this one appreciated ???
maxi
Quote from: rickjust on October 10, 2005, 07:29:15 PM
hi david,
is this not the inverted head and shoulder pattern forming now?
help on this one appreciated ???
maxi
Well thought rickjust, this is why I love this job, I get such great help from you :)
The inverted H&S pattern is a possibility there. We need BRVO to close above $0.66 to confirm that pattern.
And presuming that it IS an inverted head and shoulder pattern forming...to one who knows nothing of such things, what weather pattern does that predict? (And if one is not sure whether it is that pattern, what is the confidence level of that prediction?)
Prfsr Hal
I look for Slammers in every retail store I enter. I found them today in our local Target store in St. Louis for the first time, Starburst and Milkyway. My wife and I tried the Milkyway, and liked it. $1.19 each. Much better price than the local 7-11 which charges over $2.50. Lets hope every Target store in the USA stocks them on their shelf and hope Walmart gets wind of the idea.
Sheetz now carries the Starburst Slammers, I believe 3 flavors and 2 flavors of the Slim Slammers. I was shocked that they did not carry the Milky Way Slammers. ::)
Thanks for your comments on BRVO :)
It looks like that second inverted H&S pattern didn't materialize either.
Quote from: Prfsr Hal on October 11, 2005, 01:41:14 AM
And presuming that it IS an inverted head and shoulder pattern forming...to one who knows nothing of such things, what weather pattern does that predict? (And if one is not sure whether it is that pattern, what is the confidence level of that prediction?)
Prfsr Hal
The inverted head and shoulders pattern predicts a change in trend, from bearish to bullish. But only when the neckline is broken on the upside the pattern is complete. Until then we're just making «technical speculation».
After a H&S pattern is completed and confirmed, according to Bulkowski (Encyclopedia of Chart Patterns (http://www.amazon.com/gp/reader/0471668265/ref=sib_dp_pt/102-6602267-8540124#reader-link), there's a 95% probability that the technical signal is a true one. In 63% of the cases shares reach the technical target of the pattern.
But as I said, on BRVO we've had no inverted H&S pattern, at least not yet.
The stock is still lying down, trading between $0.50 and $0.72. I will continue holding it for the long term, fundamentals warrant much higher prices when this accumulation phase ends.
Thanks for the H&S info. Now for another question. You refer to this phase as an "Accumulation phase." If shares are being accumulated by by buyers, doesn't it mean that they are being simultaneously disaccumulated by sellers? I apologize for the naive question.
Prfsr Hal
Hal.. I will answer your question. You refer to it as a accumulation phase beacuse the "range" trading takes place lower than the recent high over a buck. The range is now .50 to .72
If the stock was to get slightly below the recent high(not half the recent high where we are now) at a buck plus and NOT make a new high.. then go sideways for a while, you might refer to that as a distribution phase..
this doesnt guarantee of course the BRVO breaks higher than .72 after this "phase " is over so you just have to keep an eye on the price movement daily. Also the fundamentals outlined about the company leans many to the fact that its an accumulation phase rather than distribution and dump the PPS later which has already happened from 1.20 plus to where we are now... Hope that answers your question..
GLTY
My local 7-11 no longer carries any BRVO product . I asked the manager about it (just told him we loved the Slammers) and he said he did not get enough call for them at the store and each store has the authority to carry what they feel is best. Hopefully not a sign that they are not moving. I'm in this one from .66 so needs some bounce for me!
This market is getting harder and harder for bulls. I made a review to all stocks previously held on the 3 Stocks on Fire Portfolio and they are breaking down badly. I'm glad I sold them !
Now, if I want to hold at least one stock at this point (with just 6.66% invested), that stock is BRVO.OB. It is technically bearish, but they all are !
At least BRVO.OB does something for the kids to drink, a market that probably doesn't depend much on the economic cycle. Also, the company is not mature, it is just starting to expand.
I will continue holding BRVO.OB for the foreseeable future.
Dave, i understand you have your 6% rule. BUT
with this low price and your confidence AND the bearish market out there allowing you to sit on alot of cash, why will you not put another 6% on BRVO? Have your honestly learned that there are no guarantees in the market? at this price i can not help but double up bringing my purchase price from 61 to 55. Do you not agree that bulking up on this and EYII is somewhat a safe bet if not short term, but long?
Thanks
AP
puenthouse, that's funny you mention this, that's exactly what I did. I bought some more brvo a few days ago. And, today bought more eyii after selling oxfv.
Happy trades.
John
Semi stocks are back in action today just as I expected.
Made almost $10,000 today so far.
Share your lessons learned please shaw, if you expected it, why did we not get a hint?
Shawfund did give us a little head's up-- I meant to research it today.... ;)
>>Actually the semi earnings so far are quite good such as AMD, MU, ATYT, etc.
Congrats on your 10K, Shawfund. Now how'd you do it?
Quote from: puenthouse on October 13, 2005, 03:22:12 PM
Share your lessons learned please shaw, if you expected it, why did we not get a hint?
I mentioned it yesterday saying that the semi and NASDAQ is due for a rebound today and will do day trading for the next few days. But I forget where I put my message in.
I may start a semi tread in our member only area.
I strongly believe that AMD will go up to $30 by the year-end. I have much confidence on it.
I have been trading it for two years. I first bought it at $16.94 (1/16/2004) in my ROTH IRA account - not a good timing (bought at high).
I saw its new products and saw it becomes market leader with its 64 bit CPU at that time.
But it takes time for the company to take market share from Intel.
I predicted at the beginning of 2004 that its share price would reach $25. Its 2004 high was $24.95 (Dec 6, 2004) and I sold it at $24 9, made 41% gain. But its low was $10.90 (35% draw down).
I also predicted at the beginning of 2005 that AMD will be a $30 stock by the end of this year .
Now it is a $21 stock and has 40%+ room to reach the target.
What an awsome day today for BRVO technically ;)
-Dropped below the .50-.72 trading range.
-Dropped back below the descending trenline.
-Dropped below the 200 day EMA.
-Downside breakout of a descending triangle with a projected price target of .29
Though i'll still hold this position for the long run. May be picking up some more at lower prices if it continues to drop.
Best of luck everyone,
-fousc
Well I may buy BRVO tomorrow. Hold some slammers for me.
A question for David or other members:
Whats the market cap for BRVO at todays closing quote?
When is the expected earnings/sales release date? OR when was the last time?
Fousc, I agree BRVO could go below 30 cents but my reasoning is from a different perspective. Essentially CCE can convert at 36 cents, 6 months from the date of closing. So keeping in mind, time value of money, investors in the conferences would want a hefty discount to 36 cents and I am thinking about 20%. That would make it about 28 cents.
Quote from: puenthouse on October 13, 2005, 02:46:28 PM
Dave, i understand you have your 6% rule. BUT
with this low price and your confidence AND the bearish market out there allowing you to sit on alot of cash, why will you not put another 6% on BRVO? Have your honestly learned that there are no guarantees in the market? at this price i can not help but double up bringing my purchase price from 61 to 55. Do you not agree that bulking up on this and EYII is somewhat a safe bet if not short term, but long?
Thanks
AP
I can't do it. It's against the rules, and it cost me a lot to learn and have the discipline to obey those rules. And yes, there are no guarantees in the market, unfortunately.
Quote from: stocky on October 13, 2005, 10:26:34 PM
Well I may buy BRVO tomorrow. Hold some slammers for me.
A question for David or other members:
Whats the market cap for BRVO at todays closing quote?
When is the expected earnings/sales release date? OR when was the last time?
The number of shares outstanding as of August 12, 2005, is 110,256,902 (so the market cap is $53.47M). But, if CCE exercises those warrants to buy 30 million shares at $0.36, the number of shares outstanding will increase to 140,256,902, so, in that case the market cap would be 140,256,902*$0.485=$68,024,597.
I really can't understand, from a fundamental point of view, the market action. CCE now will pay BRVO $10.8M for 30 million shares, instead of $13M for 81 million shares. Unless CCE won't exercise those options, but that would be strange, given the Master Distribution Agreement signed by both companies.
QuoteWhen is the expected earnings/sales release date? OR when was the last time?
The last time was August 15th, so I expect the earnings release for the 3rd quarter to come out at about November 15th.
The technical developments today were extremely bearish for BRVO.OB, with the stock breaking down its trading range. The technical target for this breakdown is $0.28.
I won't sell it though, since I believe the company is very undervalued at this point, but I won't buy more either. That's not the way I play stocks, I always respect the market. If I broke that rule once I could do it many more times and that would lead to financial disaster in the future. Averaging down is a losers game. It can work from time to time with a specific stock, but it can't be used as a general strategy. I prefer not to use it at all, but I respect other's views.
I wish good luck to all of you holding and adding to BRVO.OB.
Looks to me that .50 may become support again. :-\
I may buy it for the third time around $0.45 area.
The trend is definitely bearish and the bounce is weaker than last time ($0.72 -> $0.66).
Lower low and lower high.
I went looking for a 7-eleven to try a slammer and found one.
I tried the pro slammer (vanilla) and it tastes excellent. This product has all the makings of a success.The positives have been discussed here on this board before. The only thing they need is a boost to get started. They need recognition, wether its advertising at the local level or at a national level. Imo thats the only thing they need to get off the ground.
It seems like there would be a niche for sales at stores like Starbucks... they already have quite the assortment of cream-based drinks (frappucinos, lattes, etc), and a healthy milk-based product like Bravo's Slammers would be a nice addition in their refridgerated cases (right next to the $3 water bottles and other overpriced sandwiches). What would be needed to get this kind of contract, or some sort of similar contract with the food service companies that stock the state-run schools?
Quote from: ultra1066 on October 14, 2005, 03:18:11 PM
The only thing they need is a boost to get started. They need recognition, wether its advertising at the local level or at a national level. Imo thats the only thing they need to get off the ground.
You know - I just listened to the last conf- call and they stated that November they were starting a large advertisement campane - Radio (Traffic updates sponsored by Slammers) TV and print adds. Just have to wait and see.
I also found them at BILO in South Carolina this week. Spiderman - MilkyWay - They were Great.
Todays price action rose back above the lower trading range barrier of .50 which could be a possible bear trap. For those of you who dont know what a bear trap is. It is a false breakout of a trading range usually meaning a sharp move in the opposite direction of the false breakout. This may be what we've needed in light of the technical picture to have an upside breakout of .72.
BRVO CHART:
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=6769;image)
Here is a textbook example of a bull and bear trap that has recently occured in the Biotech index:
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=6770;image)
Best of luck BRVO fans,
-fousc
I sent a letter to Roy Warren, CEO of BRVO with some marketing ideas. Something to do while I watch the stock:
Mr. Warren,
I like your product and I am a stock holder. Here are some marketing suggestions:
Make smaller containers that can fit in a child's lunchbox - like the Danimals 12 packs. They come in 4oz bottles which are smaller versions of your current bottles.
My child cannot drink a 16oz bottle of chocolate milk in one sitting (and does not share) and I would be hesitant to spend $2+ on a drink she would not finish. The smaller versions can be sold in six and twelve packs and be given away as samples.
Promote the Slammers at Arena Football games. In Long Island, NY, where I live, the games sell out and are geared towards children. There are lots of giveaways and events during the game to make it child friendly (there are ticket packages with 4 tix and a football for $50). I think it would go over well to give out samples and coupons.
Minor League baseball and High School football games are very popular here too.
Another good place to market it would be Comic Book shows. There are several big ones out there.....Wizard World.....San Diego Comic Con...Big Apple......They are crowded, hot, and a great place to promote cold drinks with Marvel Super Heroes on them. They can also be collectors items. You should also get some press in comics related magazines like "The Comic Buyers Guide" and "Wizard".
Since you are involved in racing, have bottles with NASCAR Drivers (or just their numbers) on the bottle. It would do great.
Think of recipes! - Adding some seltzer to the Milky Way Slammer tastes great. Works with rum too!
As a parent, I am very involved in sweet drinks, comic books and children's events. If I can be of any assistance to get these products selling (and the stock up), let me know. I see too many products being marketed incorrectly to children and teens. You have a good product and I have an economic interest - let's do it right.
Thanks,
Snowy
(credit the next big run-up (or drop) to my comic book idea, ok?)
Good post snowy. I hope your letter helps!
I agere that the slammers are too big for kids.I tried one and was so full!
But the 4oz size is too small; You might have just refeernced to make a point and not suggest the actual 4oz size.
Again your letter was filled eith good ideas and I hope the CEO reads it and can take something good from it.
Snowcat, I like the lunch box size idea. Grade schools could sell them in their cafeteria as well
next to the milk!
Thanks for your posts and ideas, I hope BRVO's CEO takes some of them :)
I don't think there's any problem with BRVO's fundamentals. The market is just taking its time to absorb the shares being sold by two groups of people:
1) Long term shareholders with huge profits, that were once obliged to sell at $0.36 and now are free to sell in the open market at higher prices.
2) The people who bought solely based on the CCE deal are feeling discouraged and without a motive to continue holding.
These two groups are not selling for the right reasons and in the end fundamentals reign supreme. Bulls are mostly on the sidelines, waiting for a clear sign that the selling by those two groups is over. This will be clearly seen when the stock closes above $0.72 with volume above average.
And believe me, it will. In my mind and analysis it's just a matter of time.
The company has recently shut down its press release machine, maybe for some other group to accumulate shares with ease ... certainly insiders don't want to sell, or you would see positive news everyday.
I will calmly continue holding BRVO.OB for the foreseeable future.
The CEO said he liked my ideas and some are in the process and others are being persued.
I am just sitting tight and not expecting much until after eanings season.
Great! good job by you snowy!
I agree the stock I think won't be doing much untill after earnings.
Nice how dips below $.50 are met with enough buying pressure to bring the price back up again. :)
Hey everyone ... patience is a virtue here. I am thrilled that so many of us are finding and liking the product and are seeing marketing BEFORE ;D the deal with CCE has even started! Remember, that deal was on August 30 with an effective starting distribution date of October 31 and with an explicit statement by BRAVO that the deal will not make 2005 earnings better. With CCE suddenly using all commercially reasonable efforts sell this stuff ... 2006 should be great. This short term drifting of the stock is meaningless in the grand scheme of things (unless one is day trading).
Picked up more Slammers last night at Safeway here in Northern California. It was on sale for $1 each and was nearly sold out.
I am wondering if the distribution arrangement has started with Coke? Is it a slow process or will it be an all out assault? Anyone know?
TV advertising? Singing?
If not I will contact the CEO again. Check out their website, it has a lot of neat games and activities for the kiddies (or bored workers).
QuoteI am wondering if the distribution arrangement has started with Coke? Is it a slow process or will it be an all out assault? Anyone know?
It starts October 31st. But any information from the CEO is welcome :)
With today's 7% rise and close at $0.53 I'm starting to think that we've had a false breakdown of the $0.50 support level. Usually when a stock makes a false break of the downside level of a range, it means it will break for sure, but on the upside !
The same thing happened with AOB before its big run up, remember?
The low volume isn't worrisome, it means the stock rose because there were just a few sellers, and that's exactly the kind of behavior we've been anticipating. I see BRVO rising slowly to the upper end of its range, around $0.72, and then make a beautiful breakout with volume above average.
We'll see, but the market action is encouraging for us, long term bulls on BRVO.
BRVO.OB rose 9% with low volume. Everything is going as expected. I'm waiting for a breakout of the $0.72 resistance level with volume above average.
I bought back BRVO yesterday. What may drive this stock higher is the appearance of Slammer Vending Machines as part of Coke distribution network. Seems like its pretty near. I'll be keeping an eye on it.
Coke earnings in:
Coca-Cola 3Q Earnings Soar to $1.28B
Thursday October 20, 7:36 am ET
By Harry R. Weber, AP Business Writer
Coca-Cola Third-Quarter Earnings Advance 37 Percent to $1.28 Billion on Strong Sales
ATLANTA (AP) -- The Coca-Cola Co., the world's largest beverage maker, reported a 37 percent increase in third-quarter profit on strong sales especially in certain international markets.
The results, announced Thursday before the market opened, beat Wall Street expectations.
ADVERTISEMENT
The Atlanta-based company said it earned $1.28 billion, or 54 cents a share, for the three months ending Sept. 30, compared to a profit of $935 million, or 39 cents a share, for the same period a year ago.
Excluding one-time items, Coke said it earned $1.36 billion, or 57 cents a share, in the third quarter. On that basis, analysts surveyed by Thomson Financial were expecting earnings of 53 cents a share in the third quarter.
Revenue in the July-September period rose 8 percent to $6.04 billion, compared to revenue of $5.60 billion in the same period a year ago.
"This quarter demonstrates early progress in our efforts to achieve sustainable growth for the future," the company's chief executive, Neville Isdell, said in a statement. "We continue to see good results in many markets, including Latin America, Africa, Russia, Turkey, central Europe, Japan and China, and stabilization in an increasingly focused North America."
However, Isdell said Coke still has a lot of work to do in other markets such as the Philippines, India and Germany, as well as to address certain trends in northwest Europe. The company also said it is monitoring energy prices to determine the potential effect on future results.
Overall, unit case volume increased 5 percent in the third quarter. The company said it saw strong sales of its water brands, but unit case sales volume of carbonated soft drinks slipped 1 percent.
In North America, sales volume grew 3 percent. Unit case volume declined 1 percent in Germany, but increased 4 percent in Japan. Coke's unit case volume was especially strong in China, where it grew 23 percent in the third quarter, but especially weak in India, where it dropped 22 percent in the quarter due to raw material and distribution cost increases as well as the lingering effect of pesticide allegations, which Coke says are false.
For the first nine months of the year, Coca-Cola said it earned $4.01 billion, or $1.67 a share, compared to a profit of $3.65 billion, or $1.50 a share, for the same period a year ago. Nine-month revenue was $17.55 billion, a 6 percent increase compared to the $16.54 billion recorded a year ago.
The Coca-Cola Co.: http://www.coca-cola.com
Carbonated sales slipped 1 percent - this is where Bravo comes in to Cokes plan!
Before breaching the $0.72 resistance level BRVO.OB needs to take out another developing technical pattern: a descending channel.
You can check this formation on the chart below.
My reasoning for owning BRVO.OB is much more fundamental than technical, and you know how the technical picture can change on a dime. For a short term bullish technical signal I would like to see a close above the upper limit of the descending channel, which for tomorrow will be standing at $0.615.
After this a bullish breakout of $0.72 would be heaven for BRVO.OB.
On the fundamental side I can only see revenues and earnings growing in the years to come and a very cheap stock. Patience will certainly pay on this one. I'll be patient.
(I called and spoke with James Dryer, Investor Relations, 561-837-8057 or
[email protected]) and confirmed the copied post below.
A few more points to add from the conversation:
- Jasper Products (Missouri) is ramping up for production and BRVO shares some cost
- He feels they will be cash flow positive by January
- 4 million for the quarter to be filed November 15th is the estimate
- Walgreens and some International sales will be in the quarter
- The margin may go down a bit with CCE, but costs also go down
- 110 million shares outstanding and he cannot confirm how the financing will work
- They are aware of Cornell toxic financing and will not ever get in with them for financing
- In November, the ' Breakfast Blenders ' begin
- They are hoping for more schools to take off in using the products
- They project 70-100 million next year in revenues
- James believes that at 2-3 times value, the cap would rise to 300 million
- James believes the price should refect $ 3.00
- He also said it all will take a year to really see the results
The post below is copied:
By: jbg96
21 Oct 2005, 02:20 PM EDT
Msg. 21546 of 21560
Jump to msg. #
I attended the Bravo meeting in BOston today. Itw as held in a top hotel in the financial area.The room had 8 tables and all were filled to capacity of 5 each for 40 attendees. Roy and the Legal Council (Who lives in Boston) and the MArketing VP were there. When asked who were investors only 4 of us raised hands. The rest were stock brokerage firms. The food was first class a full dinner, I had baby lamb cops others had Salmon fillet. The presentation lasted 45 minutes with 15 minutes of questions. Everyone stayed, sample chilled products were available on the table in a large ice filled tub. Roy and his Marketing guy had to leave at 1 PM to meet with a large local milk processor.
News to me : 4th QUarter 05 will not break even because of ramp up for the CCE deal and promotions. 1 St Quarter in 05 will have earning. New "non-dilutional" financing with a major institution close to being signed. CCE will test market the new single serve bottle of slammers in 13,000 machines. CCE ordered a huge amount of product (he didnt give numbers)for their MDA kick off. Four football teams will carry the Pro Slammer logos. One basketball team and a hockey team next year. TV ads are being planned for Nickalodian channel for next year. Erica and Slammers received one and a half free hours of air time this last quarter. More this weekend. They have a deal with her for the next two years.
Everyone in that room took samples to taste. I heard one lady say she loved the Vanilla Slim Slammer. The four people at my table will be buying stock and getting some more questions to Roy.
I think this meeting was very successful.
thanks for this update fill the gap (applaud).
holding more than 6.66% of your portfolio?
cheers
O.
Great work fill the gap.Thanks for posting and good job getting this info.
Sounds all good
6.66 % and will increase on a breakout. This is a nice long term position. The best part is that you can drive near your home (globally in some cases) and sample the product. Coke involvement as the largest distribution channel in the world is very strong. And if all goes well this year, the price will absolutely reflect.
The main concern I have is that BRVO said they did not know why did CCE not take 51 % ownership. It was CCE's decision and not BRVO's according to the call. So why would Coke not want to go ahead and get majority now before it takes off ? The only speculation from IR was that CCE wants to see how it goes and then evaluate in a year. He thought perhaps it had to do with liability ?
You would think that Coke would want to pay much less now for control ? And Coke also is not financially marketing BRVO. This rests on BRVO for the time being. Of course being associated with them is huge marketing, but commercials, ads, etc. all BRVO's responsibility at this time. But I want to know more about the plan of action. BRVO will need financing to do most of this as the CCE money is not being exercised at this time according to the call. And they were unaware of any analysts picking up coverage at this time. But interest may generate in the current meetings. The legislation for healthier schools will help BRVO. Coke wanted in the game and BRVO was the ticket.
Fill the Gap:
Just a thought on my part but it seems that Bravo is in its early stages and just as you mentioned, CCE wants to wait and see if its gonna take off. I think thats a very logical and prudent move by CCE. I don't see a necessary negative there. As far as analysts go, its very hard to get analysts when the share price is so small. No analyst is gonna stick out his neck on something thats just starting. We'll have to see results in terms of $$$ before any analyst come on board.
jmo,
Ultra (still holding BRVO and will continue to do so)
I E-mailed Roy Warren, CEO of Bravo Foods, just to send an encouraging word and to let him know I was an optimistic stock holder. He sent an optimistic E-mail in return Friday evening 10-21-05, short but positive.
"Thanks very much. I also hope to see it at Walmart still working on
that. We do quire well at Sams.
We will see our distribution grow substantiall when CCE begins to
deliver in November. Thanks." Rgw
I hope that CEO Roy or whoever writes his emails learns how to spell.
Quote from: johnbmcginnis on October 22, 2005, 11:56:44 AM
"Thanks very much. I also hope to see it at Walmart still working on
that. We do quire well at Sams.
We will see our distribution grow substantiall when CCE begins to
deliver in November. Thanks." Rgw
Perhaps he is testing out the newest 100-proof vodka-enhanced Slammers...
Thanks for the excellent info fill_the_gap :)
We had estimates for $80M in revenues for 2006, now they give us a $70M to $100M range. The midpoint is $85M.
I think their words raise some doubts about CCE exercising the right to buy 30 million shares at $0.36 each (an investment of $10.8M). This is a negative and a positive: a negative because CCE seems to lack conviction in investing in BRVO.OB. A positive because this way we won't have the dilution of 30 million shares.
We still don't know what the outcome will be regarding this issue, but I don't think that's crucial.
We have a current market cap of $62.85M and about $85M estimate in sales for 2006. This will be a revenue growth of about 600% YoY. We don't have an estimate for profits, it would be interesting to have one. I think there were some margin calculations way back on this thread but I can't find them now.
I see BRVO as an exponential growth story in terms of revenues and profits. The whole thing is just starting. We know the product exists and is selling well (we don't know this for many OTCBB stocks with similar market caps).
As a shareholder I have to be in through 2006 to see if the company delivers. If that happens I believe the share price will be at $3 or more by the end of 2006. And the growth won't stop there, if the product is competitive it won't stop before it's selling worldwide. When I see Slammers being sold at the supermarket near my house in Portugal, that's when I plan to sell this investment, maybe 2 or 3 years from now, perhaps at $30 a share.
From a short term technical point of view, the stock is trading on a downtrending channel. The upper limit of that channel is $0.61 and the lower limit is $0.45. I think the stock will never touch the lower limit again and that it will make a bullish breakout of the descending channel soon.
David,
The terms of new financing will also be a factor.
BRVO does not have the CCE money and BRVO is not profitable yet.
I am hoping for a non dilution based deal for the sake of the shareholders.
They would not comment on terms of any deal. But BRVO certainly needs financing.
Let's say they just meet 4 million in revenue in November 15th filing. Will the market begin to reflect future value at that time ? The filing will show a base without CCE. So CCE should only improve the forecast. Just not sure if another quarter will need to pass. I certainly will add on the lower end of the descending channel.
The focus is on the long term. And being that we can already go down the street in the US and purchase the product, I am with David long term with BRVO. The largest distribution channel in the world (Coke) can only help.
Thanks for your comments fill_the_gap :)
BRVO.OB still couldn't make it, breaking out of that descending channel. But it's closer now.
There was no new fundamental information the last couple of days (as a matter of fact, since October 5th the company didn't issue any press release or SEC filing). Technically I would welcome a close above $0.60 this week.
Wouldn't it be GREAT to see MINI Slammers in all Mcdonalds "Happy Meals"...TD
TD, E-mail Bravo Foods CEO Roy Warren with your ideas, I, as well as others have sent in ideas. You can reach him at
[email protected] . Won't hurt!
Quote from: fill_the_gap on October 24, 2005, 11:42:36 AM
David,
The terms of new financing will also be a factor.
BRVO does not have the CCE money and BRVO is not profitable yet.
I am hoping for a non dilution based deal for the sake of the shareholders.
They would not comment on terms of any deal. But BRVO certainly needs financing.
Let's say they just meet 4 million in revenue in November 15th filing. Will the market begin to reflect future value at that time ? The filing will show a base without CCE. So CCE should only improve the forecast. Just not sure if another quarter will need to pass. I certainly will add on the lower end of the descending channel.
The focus is on the long term. And being that we can already go down the street in the US and purchase the product, I am with David long term with BRVO. The largest distribution channel in the world (Coke) can only help.
I bet what BRVO's CEO meant by 'non dilutional' was that there will not be any more death spiralling financing leading to dilution. But to raise additional financing involves issuing additional shares or convertibles leading to dilution!
Other risks....... CCE will be test marketing the sale of Slammers in Vending Machines for few months before making a decision to fully roll out Slammers into vending machines.
No doubt CCE has a powerful distribution network and that will help! But will Slammers remain the Choice of consumers?? We have already seen that Slammers break into 'Breakfast Blenders'.
Competition is heating up in the Flavored Milk market segment and there are a lot of generics coming on board. In addition substitues like drinkable Yogurt are catching health conscious consumer's appetite.
Will CCE & BRVO partnership cement????
If BRVO-CCE overcome all this then there is tremendous ROI to benefit!!
BRVO.OB: HOLD
I was shopping at one of the Sam's clubs here in KC today (Thanks to EYII & HYRF it looks like I'll be doing all my shopping there for the foreseeable future :o ) and what did I find as I searched in vein for Folgers coffee?
a Nine pack box of Milky Way Slammers.
I can't tell you how relieved I am to find that I actually invested in a company with a real product.
The Nine pack was $8.52 so I tossed one in the cart.
After putting in the fridge for a while I popped the top, took a swig and immediatley embarked upon a hallucenogenic sugar buzz that has just worn off 4 hours later. ;D
Actually, as mentioned earlier, it is way to sweet for my tastes but I did give one to my 7 yr. old before we left for football practice. He downed it in 2 minutes and wanted another which was not going to happen since I run a pretty tough practice and did not want him "Slamming" it back up in the middle of the practice field.
My wife also took the taste test, and indicated, while it won't be a staple in the KCScott Family cupboard, she could see buying them for desserts or the occasional treat.
She's real skinny and a health nut so I totally disregarded her opinion.
The bottom line?
I think they'll sell to our fast food, population segment both kids and adults.
All they really need to do is dump in 20g of caffine,put a picture of a tree on the lable and they could jack the price up to $3.99 per bottle. Then we could go after the Cold mocha, latte crowd.
I'm going to embark on a trip to Bejing to see about landing a deal as a replacement for Code Blue Water.
好运气！动 交易;以货易货
(Good Luck Trading)
Lol KCScott, I wish you a good trip :D
BRVO is holding up pretty well, but volume is drying up. There's nothing new from the company since October the 5th.
I'll continue to hold it.
Found this on another board:
"The Bravo Foods Slammers drinks begin their master distribution agreement Monday with Coca Cola! I received an email from the VP of Operations Ben Patipa stating that they will have a major press release soon regarding Coca Cola distribution launch and that they were extremly excited about the relationship!
* The appointment of CCE as the exclusive distributor for the Company's products in The territory is effective August 30, 2005, has an effective distribution date of October 31, 2005, and an expiration date of August 15, 2015.
* CCE has the option to renew the Agreement for two subsequent periods of ten additional years.
* Under the terms of the Agreement, CCE is obligated to use all commercially reasonable efforts to solicit, procure and obtain orders for the Company's products, and merchandise and actively promote the sale of such products in the Territory, as defined in the Agreement.
* Total revenues for 2006 are expected to be in the range of $70 million to $100 million with the increased implementation of CCE distribution"
So I expect the first PR in about a month on monday. Nice weekend everbody!
NICE FIND FRE ... LET"S GO BRVO ... PRs TO FOLLOW .... PPS JUMPS ON NEWS
BRVO barely ends day and week above $.60 ...
Does anyone know what "the territory" is?
That could be important down the road if it is an exclusive agreement.
Good times ahead 8)
REPOST FROM THE SVA THREAD:
Saffeysite,
First of all, applause for your many, many fine posts that I've applauded in the past. I read ALL of your posts, and really enjoy them.
Secondly, I'd get rid of Stochastics, but that's just my opinion. No offense whatsoever intended, in fact the opposite: I really respect your hard work.
If you look at your chart that you posted, it gets you out at the end of August, and it doesn't get you back in on the retest of the Ascending Triangle in early September.
Stochastics, like many other indicators, is bounded by zero and 100. In a bull trend, like SVA was experiencing, you're going to have MANY negative divergences, and things that look like sell signals.
I worked for a long, long time with Stochastics (and similar indicators). I threw them all out. I came to realize that they are "bounded" by the mathemetics of "zero to one hundred," and unless the stock consistently "thrusts higher," you're going to get negative divergences. That isn't a reason to sell in a bull trend.
The stock can't possibily keep up that kind of "thrusting momentum," to keep Stochastics thrusting ever higher, if you see what I mean. It can't possibly go above 100. But, the stock still can go much, much higher on what appear to be "negative divergences," (or conversely, much. much lower in a downtrend, on what "appear to be" a positive divergences. It isn't bullish in that latter case.
BRVO is a recent good example of the latter case. TWO bullish divergences in MACD...but BRVO still broke below a Symmetrical Triangle on "what appeared to be" TWO bullish divergences, and positive for the stock. It wasn't. BRVO went to a new print low for the move at $0.47.
Interestingly, BTW, BRVO now is "champing at the bit," poised for an upside breakout. (I always thought that it was "chomping at the bit," like "chompiing on the actual bit...no, it's CHAMPING at the bit!
Always something to learn, isn't there? Again, thank you for your many fine posts, and please understand that "it's just my opinion" about Stochastics.
BRVO chart below, which I also will post on the BRVO thread.
Quote from: Fré on October 28, 2005, 04:03:05 PM
Found this on another board:
"The Bravo Foods Slammers drinks begin their master distribution agreement Monday with Coca Cola! I received an email from the VP of Operations Ben Patipa stating that they will have a major press release soon regarding Coca Cola distribution launch and that they were extremely excited about the relationship!
* The appointment of CCE as the exclusive distributor for the Company's products in The territory is effective August 30, 2005, has an effective distribution date of October 31, 2005, and an expiration date of August 15, 2015.
* CCE has the option to renew the Agreement for two subsequent periods of ten additional years.
* Under the terms of the Agreement, CCE is obligated to use all commercially reasonable efforts to solicit, procure and obtain orders for the Company's products, and merchandise and actively promote the sale of such products in the Territory, as defined in the Agreement.
* Total revenues for 2006 are expected to be in the range of $70 million to $100 million with the increased implementation of CCE distribution"
So I expect the first PR in about a month on Monday. Nice weekend everbody!
I agree, great find, there's nothing new about it (other than the info that a PR will be issued soon), but the press release will attract new buyers to the stock. Thanks Fré :)
QuoteDoes anyone know what "the territory" is?
That could be important down the road if it is an exclusive agreement.
«On September 6, 2005, The Company held a public conference call to discuss a Master Distribution Agreement (the "Agreement)" with Coca-Cola Enterprises Inc.(CCE) for the distribution by CCE of the Company's flavored milk drink products in the
entirety of the United States, all U.S. possessions, Canada, Belgium, continental France, Great Britain, Luxembourg, Monaco and the Netherlands, as well as any other geographic territory to which, during the term of the Agreement, CCE obtains the license to distribute beverages of The Coca-Cola Company.»
I agree with Melf Elf's assessment about the stochastic oscillator. It can't go above 100% (or 1), and stocks can continue moving higher for very long periods of time. (Melf Elf, in Metastock, please try to put your window smaller - but if you can't, post the charts anyway, of course, thanks).
Concerning BRVO, I think the stock made it, it broke out of the descending channel pattern, with volume above average and a bullish candlestick. If that press release Fré talked about indeed comes out next week we could see BRVO approach the all important $0.72 level. Above that I only see blue skies for BRVO.
Quote from: David Randolph on October 30, 2005, 12:35:31 PM
(Melf Elf, in Metastock, please try to put your window smaller - but if you can't, post the charts anyway, of course, thanks).
David,
I apologize about that horizontal scroll bar. It's annoying for everyone. I've tried re-sizing the chart many different times, but it either makes the chart unreadable, or it cuts off part of the chart.
I just tried using the same size as your chart: 501 X 479. Here's what I got:
EDIT:
No scroll bar! ;D
But, it cut off the most recent 18 days of trading >:(
To me, the potential lethal phrase in the agreement is the "reasonable commerical efforts."
In the film biz, when the term "best efforts" is used you can kiss whatever follows that goodbye. It means the studio can say they amde best efforts, but it's too vague a term to define. Here, too. If CCE runs a few trials and the results aren't stisfactory to them, their best efforts can amount to bupkis.
I've seen it happen with another small soft drink. One of the biggies, Coke or pepsi bought it...and then buried it.
I'm not predicting that it will happen. I'm just saying that since it can happen, "be careful out there.
Prfsr Hal
BRVO remains towards the upper end of the channel.
The volume will pick up on any news.
Expecting news about the CCE distribution and ' Breakfast Blenders ' is enough for me to add here at 60 cents.
The November filing should be as expected. Anything new will also help to break thru the upper end of the channel.
A product you can actually touch with a penny stock ! Now this is a unique opportunity. :o
Too sweet for me but my sons cannot get enough. They love it.
Awesome,awesome awesome news, Fre.
Seemes by thie press release that this guy is being brought in to find a way to bring in capital and to grow the company. Sounds very good!
It is questionable when IR speaks PPS of $3, especially since they are on a roadshow to raise capital!Here is text from another board..........
"
Roy stated in a business school presentation in September a 3-year objective of $5-$7.
http://www.cba.ufl.edu/fire/docs/presentations/Bravo_RGWSpeech.ppt
"
The presentation states $85M for next year and a fully dilouted O/S of 235 million shares. That equates the PPS to $1!!!!
85 * 3 = 235 M divided by O/S 235M = $1.
Note: Roy uses a P/S multiple of 3.
They should be profitable end of the year.
Thanks for the interesting information on BRVO. I have to continue holding this stock based on a real product that looks attractive to consumers, expecting real sales and earnings numbers to hit the wires over the coming months.
Technically BRVO had a second close above the descending channel, so a breakout is in. Not so much volume, but that's not a problem as we've discussed back on this thread.
I've been on the green and red several times with BRVO, but I'll hold for the long term.
(Melf Elf, forget about resizing the charts for now, when we have time we'll go to the chat room so I can help you resizing Metastock charts. Thanks for your analysis, please keep up :))
BRVO came down slightly to touch the prior resistance, now support trendline. Volume was very low on this pullback, just 387,900 shares.
It would be a good thing to see it close above $0.66, for it to get out of this lower highs/lower lows pattern. If the stock trades lower again I would welcome a local low higher than $0.47 which was the last low.
I'll continue to hold it.
I bought a 4-pack of 3 Musketeers Slammers today at Safeway. They have a full shelf of them now. Yummy! I just noticed something interesting on the label. "Sweetened with Splenda." That means they're using this sugar-based no-calorie sugar substitute to sweeten them. This is very good in my book for obvious health reasons!
PR's:
Bravo! Foods Introduces Convenient Slammers(R) Four Packs
NORTH PALM BEACH, Fla., Nov. 2 /PRNewswire-FirstCall/ -- Bravo! Foods International (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin-fortified, flavored milks, announced today introduction of convenient, new Slammers® four packs.
http://biz.yahoo.com/prnews/051102/flw012.html?.v=29
Bravo! Foods Successfully Launches 2005 ASA Action Sports High School Tour in Chicago
NORTH PALM BEACH, Fla., Nov. 2 /PRNewswire-FirstCall/ -- Bravo! Foods International (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin-fortified, flavored milks, announced today the successful launch of its 2005 ASA Action Sports High School Tour and completion of five performances in suburban Chicago.
http://biz.yahoo.com/prnews/051102/flw014.html?.v=30
BRVO showing some life here...volume picking up.
Quote from: Fré on November 02, 2005, 12:13:11 PM
PR's:
Bravo! Foods Introduces Convenient Slammers(R) Four Packs
Wow! I could have released that PR myself! That's funny, I feel special. :-*
Lol irod, you're right, just before the press release you bought the 4 pack Slammers at Safeway. Talk about inside information ;D
After almost one month without news, it looks like BRVO's management turned on the press release machine again. That's good, it will probably bring some attention to this valuable penny stock.
I know I love flavoured milk, but there's not much for sale in Southern Europe. If anyway has time that would be a good suggestion for Roy Warren, the CEO of the company, selling BRVO's products in Southern Europe, even outside the MDA with CCE.
Volume picked up a bit but the stock closed unchanged at $0.61. I would like to see a close above $0.66 to break the lower lows, lower highs pattern.
I'll continue holding BRVO.OB.
Off topic somewhat,
QuoteI just noticed something interesting on the label. "Sweetened with Splenda." That means they're using this sugar-based no-calorie sugar substitute to sweeten them. This is very good in my book for obvious health reasons!
Hey Irod, I'm not so sure I'd consider a chlorine bleached artificial synthetic chemical to be healthier than plain old sugar http://www.mercola.com/2000/dec/3/sucralose_dangers.htm#
But for sure it is less harmful than that other sweetner aspartame from Monsanto.
Coming into this week, BRVO was "champing at the bit" for a breakout above the Septermber 7 down trendline. BRVO broke above that on Monday, but the breakout has been contained below the down trendline off the July 14 high.
Yesterday was a third hit to that trendline (number is red circles on the chart), validating it as resistance. Because of the slope of that down trendline, BRVO is going to break above, even if it just trades sideways for awhile. I wouldn't consider it to be a breakout if BRVO continues to trade at $0.62 and just "falls over the trendline" as time moves forward. I'd want to see some volume, and as David said, I would want to see a print above $0.66, making a "higher high."
Some factors that I like:
1. Since Monday's breakout, BRVO has been closing above its 50DMA. The August 24 gap down was 50 trading days ago, so on any rally, the 50DMA is ready to move higher.
2. During this consoldiation, the 50 DMA has remained above the 200 DMA, and the 200DMA has had a chance to play "catch up."
3. MACD ticked above the zero line on Tuesday.
4. On the Ichimoku chart (next post), the faster Tenkan-Sen ticked above the slower Kijun-Sen last Friday, when BRVO was "champing at the bit" for a breakout. BRVO broke out the next session (Monday).
The Kumo (Cloud), represented by the vertical red lines, is immediate overhead resistance, however, the bullish crossover of the Tenkan-Sen and Kijun-Sen is favorable. They act like an MACD, only they are price-related. This is the first bullish cross since the bearish cross on July 26.
EDIT: Sorry, I forgot the chart. Here it is:
Quote from: AussieTrader on November 03, 2005, 08:33:57 AM
Off topic somewhat,
Hey Irod, I'm not so sure I'd consider a chlorine bleached artificial synthetic chemical to be healthier than plain old sugar http://www.mercola.com/2000/dec/3/sucralose_dangers.htm#
But for sure it is less harmful than that other sweetner aspartame from Monsanto.
Aussie, everything that you put into your body can be made to look poisonous. I have a huge book where I can find almost anything you can eat, and why it is harmful and can kill you. Same for using a microwave oven, cell phone, satellite tv, car, tooth fillings, tap water, etc. etc. etc. Everything can be made to look poisonous and harmful, or healthy and good for you, it's just a matter of who you ask.
My personal policy is to just not do or consume anything in excess. As for Splenda, it is very helpful to people looking to lose weight and specially to diabetics who should avoid refined sugar, which is why I made my comment. :)
Thanks for the info and good intentions. Applaud.
Thanks for the great technical analysis Melf Elf :)
Volume is weak but that's not necessarily a bad thing as we've seen back on this thread (low volume may mean the 12 shareholders that might be looking to unload 69 million shares already sold everything they wanted).
If the product has quality, with CCE's help on the distribution side, I don't see why this story won't be a success. We just need to have patience and wait for the future. If BRVO.OB goes to $5 in a 3 year period that would mean a 100% average return for the next 3 years (compounded it would mean 700%).
Not bad. I know sometimes there are penny stocks and other stocks that make moves like this in just 1 week or so, but those are rare and risky. I don't see much risk in BRVO.OB, since I know the product exists, it has quality and there's a major distribution agreement going on.
I'll continue holding BRVO.OB.
This may have been asked before, but out of curiosity, why is Bravo listed on the 3 SOF category rather than the Penny board?
Prfsr Hal
Quote from: Prfsr Hal on November 05, 2005, 03:19:33 PM
This may have been asked before, but out of curiosity, why is Bravo listed on the 3 SOF category rather than the Penny board?
Prfsr Hal
David made an an exception on this one because of the high upward potential and other factors....you can read about it back on the thread when he last bought it(he has traded it in/out twice before)...
On the Bravo website and in their press releases they list Sam's Club as one of their distribution retailers. Their product is not listed on the Sam's website nor is it available in the local store. Has anyone see otherwise?
Quote from: Prfsr Hal on November 05, 2005, 03:19:33 PM
This may have been asked before, but out of curiosity, why is Bravo listed on the 3 SOF category rather than the Penny board?
Prfsr Hal
Actually, I believe David has BRVO in the 3 Stocks on Fire portfolio because it was a purchase before the 3 Pennies on Fire portfolio existed. If I remember right he mentioned leaving it there since he considers it a long term investment.
Quote from: bmarc4211 on November 06, 2005, 10:36:19 PM
On the Bravo website and in their press releases they list Sam's Club as one of their distribution retailers. Their product is not listed on the Sam's website nor is it available in the local store. Has anyone see otherwise?
I remember reading a couple of posts of people that have purchased Slammers at Sam's Club. I am a member of BJ's and have been meaning to check there but haven't had a chance too yet.
For those of you wondering why BRVO is in 3SOF Portfolio: (here) ;)
Quote from: David Randolph on August 24, 2005, 08:54:23 AM
Considering my analysis made yesterday I'll buy BRVO.OB around today's open. I hope it is in the low 60's. What a magnificent buying opportunity this is.
This will be on the 3 Pennies on Fire Portfolio, since BRVO.OB is a stock traded on OTCBB and I'm only allowed to buy NYSE, Nasdaq or AMEX stocks for the 3 Stocks on Fire Portfolio.
Quote from: David Randolph on August 24, 2005, 09:21:53 AM
Just one correction, we'll open an exception on BRVO.OB and buy it for the 3 Stocks on Fire Portfolio, 6.66% of capital. You see, if it were for the 3 Pennies on Fire we would buy just $1,000, and that's ridiculous considering the stock we're talking about.
After all, BRVO.OB won't be traded on the OTCBB for long, I believe. As it happened with AOBO.OB that turned into AOB ...
Clarification made, it's time to get busy !
Thanks for that quote Terlisa :)
There were no news this weekend on BRVO.OB and the stock barely moved on Friday. Nothing has changed, I'll continue holding BRVO.OB.
Must read
PR Newswire-First Call via comtex-11/07/2005
Coca-cola Enterprises-etc
Quote from article " The company reported that the total revenue represented by CCE's initial order exceeds gross revenues in any previous quarter in Bravo's history."
Also CCE has reordered.
Here is the link :)
http://biz.yahoo.com/prnews/051107/flm014.html?.v=31
Quote from: 1reilly on November 07, 2005, 11:38:49 AM
The company reported that the total revenue represented by CCE's initial order exceeds gross revenues in any previous quarter in Bravo's history.
Also CCE has reordered.
Indeed awesome news. It highlights Bravo!'s fundamental story. They have an excellent product, which they have position beautiful in the market and which offers unique advantages in the distribution and retailing environment.
The only thing they were missing was distribution muscles. That is what the CCE deal is giving them. They have create a perfect storm in the flavored milk drinks market and as shareholders we will have the wind in the back (http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=4981)
Nice PR, just hit .65 (new HOD), expecting to see it run a bit...
I have been thinking about getting back into BRVO for a while, but haven't really paid any attention to it.
Today I just happened to be watching the news scrolling by, and news about BRVO caught my eye. Luckily I had money available ( they were supposed to buy some additional GNBT for!) so I was able to get BRVO at 0.61. What a lucky break!
The news are great, really what all BRVO-fans have been waiting for, and David's patience now seems to be paying off.
Glad to be in again. ;D
I picked up a bit more at .63. It's still a small position but I'm trying to be a good boy and diversify according to 3SOF rules.
Good Luck to All !!!
Great job BRVO!!! that's what we're talking about...rock n' roll baby ;)
Quote from: cumulina on November 07, 2005, 03:12:01 PM
I have been thinking about getting back into BRVO for a while, but haven't really paid any attention to it.
Today I just happened to be watching the news scrolling by, and news about BRVO caught my eye. Luckily I had money available ( they were supposed to buy some additional GNBT for!) so I was able to get BRVO at 0.61. What a lucky break!
The news are great, really what all BRVO-fans have been waiting for, and David's patience now seems to be paying off.
Glad to be in again. ;D
Mine is different... i've been thinking getting out from BRVO last week... but what i did was i signed up for the premium service .. & after reading David analysis i changed my mind & made me hold BRVO.
David ur d man!!! ;) :D
I've been thinking about getting into BRVO for sometime as well too. I finally made my decision to sell on the downside breakout of the descending triangle to get out at .49. Looks like management finally remembered they had a press machine ;D. I'll be looking to get in on a close above .72 if i still have funds available by then ;D.
-fousc
Heres todays PR:
Coca-Cola Enterprises Begins Distribution of Slammers(R) Under Master Distribution Agreement
11/7/2005 11:25:55 AM
NORTH PALM BEACH, Fla., Nov 07, 2005 /PRNewswire-FirstCall via COMTEX/ -- Bravo! Foods International Corp. (BRVO), a brand development and marketing company that manufactures, promotes and distributes fortified, flavored milks, announced today that it has shipped its Slammers(R) milk drinks to Coca-Cola Enterprises Inc. (CCE), under CCE's initial order for distribution in the United States.
Bravo! Foods also advised that, subsequent shipment of the initial order, it received replenishment orders from CCE for additional cases of the Company's Slammers(R) product.
On November 1, 2005, Coca-Cola Enterprises began distribution of Bravo!'s Slammers(R) milk products in the United States under the Master Distribution Agreement signed by Bravo! and CCE in August. Shipment to CCE and commencement of Slammers(R) distribution on November 1, 2005, meets the scheduled "distribution date" set forth in the Master Distribution Agreement between Bravo! and CCE.
Bravo! Foods CEO Roy Warren said, "I am extremely pleased with the progress of coordinated sales efforts between CCE and Bravo! to date. We anticipate that this relationship will continue to grow with the distribution of Slammers in the new and expanded sales channels that CCE brings to our business."
In preparation for November distribution, Bravo! shipped its Slammers(R) in October pursuant to CCE's initial order under the Master Distribution Agreement. The shipments included Slammers(R) Milky Way(R), 3 Musketeers(R), Strawberry and Orange Starburst(R), Vanilla and Chocolate Pro-Slammers(TM) and Vanilla and Chocolate Slim Slammers(R).
Since Bravo! began shipments to CCE in October for the November distribution launch, CCE has ordered additional Slammers(R) product. The Company reported that the total gross revenue represented by CCE's initial orders currently exceeds gross revenue in any previous quarter of Bravo!'s history.
Warren continued, "With shipments under CCE's first order a reality, we are aggressively seeking additional capacity for our shelf-stable plastic bottles to handle the anticipated new demand for our Slammers products in the marketplace."
Bravo! Foods' popular Slammers(R) milk drinks come in 14 oz. shelf-stable bottles that can be stored without refrigeration for up to six months, and distributed at ambient temperatures avoiding the additional costs and logistic hurdles associated with cold chain distribution. The long shelf-life and ambient storage capability is due to a combination of unique processing and packaging, accomplished without compromising taste. Retailers nationwide are offered a variety of great-tasting, single-serve Slammers(R) flavors, for sale in the refrigerated dairy section.
About Bravo! Foods
Bravo! Foods International Corp. (BRVO) develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 United States, Mexico, Great Britain and various Middle Eastern countries. Bravo!'s products are available in the United States and internationally through production agreements with regional aseptic milk processors and are currently sold under the brand name Slammers(R).
Many of Bravo! Foods' Slammers(R) line of extended shelf-life, single- serve milk drinks are co-branded through exclusive partnerships with Masterfoods, a division of Mars Incorporated, Marvel Entertainment and MD Enterprises (Moon Pie(R)), providing superior name recognition packaged with quality, great-tasting drinks.
Slammers(R) are now available at more than 30,000 stores nationwide, including such popular chains as: 7-Eleven, A&P, Associated Grocers, Bi-Lo, Bruno's, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly, Ralphs, Safeway, Sam's Club, Shaw's, ShopRite, Speedway, SuperTarget, Unified, Waldbaums, Walgreens and White Rose.
Looking at the volume, great PR, and earning report coming up, this should break Dave's $0.72 break out zone shortly, if not just tomorrow.
Quote from: Melf Elf on November 03, 2005, 09:13:05 AM
Some factors that I like:
1. Since Monday's breakout, BRVO has been closing above its 50DMA. The August 24 gap down was 50 trading days ago, so on any rally, the 50DMA is ready to move higher.
2. During this consoldiation, the 50 DMA has remained above the 200 DMA, and the 200DMA has had a chance to play "catch up."
3. MACD ticked above the zero line on Tuesday.
4. On the Ichimoku chart (next post), the faster Tenkan-Sen ticked above the slower Kijun-Sen last Friday, when BRVO was "champing at the bit" for a breakout. BRVO broke out the next session (Monday).
Yesterday was a good example of a chart that was constructively bullish, "champing at the bit" for a second breakout on any excuse to do it.
QuoteI wouldn't consider it to be a breakout if BRVO continues to trade at $0.62 and just "falls over the trendline" as time moves forward. I'd want to see some volume, and as David said, I would want to see a print above $0.66, making a "higher high."
BRVO didn't just "fall over the trendline." Volume came in (best since early September), and BRVO printed and closed above $0.66, making the "higher high."
On the Ichimoku Kinko Hyo chart, the top of the Kumo (Cloud) now is at $0.8025, less than a penny below the August 23 close of $0.81 (horizontal blue line), prior to the gap down on August 24.
You said it all, both in fundamental and technical terms, thanks :)
We have what we needed: positive news and fresh new money discovering BRVO.OB.
The excerpt of the news that probably caught the eye of investors was this: "The Company reported that the total gross revenue represented by CCE's initial orders currently exceeds gross revenue in any previous quarter of Bravo!'s history."
Revenue for the last quarter was $2,448,618, and probably that number grew on the third quarter, without this CCE help. If the revenues coming from the MDA with CCE are already higher that anything on record for an entire quarter, it is a sure thing that we're going to get something north of 150% sequential revenue growth over the coming quarters.
Tonight people will investigate the reason behind the volume and price appreciation on BRVO.OB and will see immense speculative and fundamental power on this OTCBB penny stock.
Technically we've had, as Melf Elf says, an higher high, so the pattern of lower highs and lower lows is no longer in place. The technical guys now have plenty of reasons to jump on board the BRVO.OB's wagon, along with us more fundamental and long term investors.
Now we need to take out the $0.72 resistance level, which I believe we will.
I never had a doubt in my mind that this bullish outcome would sooner or later materialize, but I feel much more confortable now that the market agrees with the fundamental assessments we were making.
I'll hold BRVO.OB for the foreseeable future.
In Atlanta on business-found slammers at the BP gas station across from the hotel.
Don't know if this is part of CCE's distribution but have never seen them in these stores before.
Quote from: boatguy on November 08, 2005, 04:13:31 PM
In Atlanta on business-found slammers at the BP gas station across from the hotel.
Don't know if this is part of CCE's distribution but have never seen them in these stores before.
I don't know it either, but it is a positive, thanks for reporting boatguy :)
BRVO.OB came down with the general market today, but on just half the volume it went up yesterday, and just halfway. So technically the bulls continue to be in control.
I would like to see BRVO.OB respecting the ascending trendline designed on the chart below, which for tomorrow stands at $0.625, but I will continue holding anyway.
A little news this afternoon:
Bravo! Foods International to Host Third Quarter Conference Call
Wednesday November 9, 3:17 pm ET
NORTH PALM BEACH, Fla.--(BUSINESS WIRE)--Nov. 9, 2005--Bravo! Foods International (OTCBB: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin-fortified, flavored milks, announced today that it will host a third quarter conference call on Monday, November 14, 2005 at 4:00 p.m., EST, to discuss quarterly results, recent significant developments and ongoing business strategies.
ADVERTISEMENT
Bravo! Foods CEO Roy Warren said, "As our Master Distribution Agreement with Coca-Cola Enterprises comes into full swing, now is an important time to update shareholders on developing projects and planned growth initiatives."
To participate in the conference call, dial 877-407-8035. International callers, please dial: 201-689-8035.
This call will also be webcast by Vcall and can be accessed through Bravo!'s investor relations web site: www.otcfn.com/brvo or at: www.investorcalendar.com
A recording of the call will be available until November 15, 2005 at 11:59 p.m. To hear this recording, dial 877-660-6853 (International: 201-612-7415); enter account number 286; conference identification number 177233.
About Bravo! Foods
Bravo! Foods International Corp. (OTC-BB: BRVO - News) develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 United States, Great Britain and various Middle Eastern countries. Bravo!'s products are available in the United States and internationally through production agreements with regional aseptic milk processors and are currently sold under the brand name Slammers®.
Many of Bravo! Foods' Slammers® line of extended shelf-life, single-serve milk drinks are co-branded through exclusive partnerships with Masterfoods, a division of Mars Incorporated, Marvel Entertainment and MD Enterprises (Moon Pie®), providing superior name recognition packaged with quality, great-tasting drinks.
Slammers® are now available at more than 30,000 stores nationwide, including such popular chains as: 7-Eleven, A&P, Associated Grocers, Bi-Lo, Bruno's, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly, Ralphs, Safeway, Sam's Club, Shaw's, ShopRite, Speedway, SuperTarget, Unified, Waldbaums, Walgreens and White Rose.
For more information, visit: http://www.bravobrands.com or www.otcfn.com/brvo.
Safe Harbor under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission.
Contact:
Bravo! Foods
Roy Warren, CEO, 561-625-1411
or
James Dryer, Investor Relations, 561-837-8057
[email protected]--------------------------------------------------------------------------------
Source: Bravo! Foods International
hi,
oh, when will this break .72! the suspense is killin' me . although i suspect christmas will be coming early this year. on donner, on blitzen, on dancer , on prancer on commit and cupid . etc. etc.
thanks
maxi
Addeded more BRVO yesterday @ .64 I'm now at my max of 20%. I think we might see an early Christmas also, But I will probably hold this one for the long term.
I doubled up on my position today at .66. Chart just looked too yummy. Champing at the bit indeed! :o Nice close.
Christmas!!.......... i love christmas, with a slammer on my hand ;) :D ;D
An early X-mas present sure would be nice ;D. Though still no damn slammers in oregon that ive seen :'(. I really wanna try one! price has action has definatley caught my attention again. Count me in on a close above .72. Guess we'll see tomorrow if this is gonna bounce off that .72 resistence or if we'll have a nice breakout on vols.
-fousc
After some consolidation today and tomorrow I expect the resistance being broken (and gap filled?) on monday after/during the CC.
Good luck trading!
BRVO.OB showed respect for its new ascending trendline. I like respect.
Volume wasn't high, but that's not a problem. Nobody is selling and that's enough for the stock to rise to its fundamental value, which seems to be way above the current market price.
The company will present its 3rd quarter results on Monday and I look forward to analyze them.
Last Trade 10:25am · 0.745.
Gap, interesting to read that you did not wait for this level to be breached - to sell.
I concur, re: a sell off after Q3 NR( unless Roy does a PP at significantly higher than .55.
But I plan to wait until Monday. David: close above .72 - will that change your status report form hold to buy? tia, Soon as i sell, you'll have my subscription, even if I have to pony express it!! Don.
Don & KC Scott,
I sure played this wrong today.
Back in .761 on pullback. Will probably sell on another run up before the call Monday.
Alot of traders are here now. And BRVO is a growth play and not earnings this quarter. I want to see how financing plays out.
The expenses will be high as CCE does not pay for advertising. And BRVO is paying alot of the Missouri company facility and production cost. All great long term. But I am a trader and need to consider what this quarter will show too.
Rare penny find though. Great long term potential.
Nice job David.
NORTH PALM BEACH, Fla.--(BUSINESS WIRE)--Nov. 9, 2005--Bravo! Foods International (OTCBB: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin-fortified, flavored milks, announced today that it will host a third quarter conference call on Monday, November 14, 2005 at 4:00 p.m., EST, to discuss quarterly results, recent significant developments and ongoing business strategies.
ADVERTISEMENT
Bravo! Foods CEO Roy Warren said, "As our Master Distribution Agreement with Coca-Cola Enterprises comes into full swing, now is an important time to update shareholders on developing projects and planned growth initiatives."
To participate in the conference call, dial 877-407-8035. International callers, please dial: 201-689-8035
Lets hope we have some good news to cheer about.
Good day for Bravo- tomorrow should be interesting
I rode to town today -
I asked for a slammer at Babe Yocoms feed store gas station barbershop and world discount center - Babe tried to sell me a new hammer.
I told him about it and he said he would talk to Mr. Hetz - the dairy man - but I said - NO - talk to the coke man - Babe said the coke guy got busted - I said - NO -
I have a good stand of BRVO but may buy some more of the stock - I am selling chickens over the weekend - free range chickens are up - city slickers want them - but they are hard to catch. Effie and I need to catch them before they all get eaten by preditors coons and such.
Effie don't want to sell her favorite chickens but she knows they stopped laying and
BRVO is a buy.
David you done good - Did I tell you Babe Yocom used to be my broker. We woiuld stand around drinking quarts and invest in things.
Your other cousin Jethro
Nberski, What are you putting in those slammers!!
Now you can get Granny some teeth. ;D
awhile back the ceo told me in not so obvious of a way that i should buy. Now all CEOs will say that right, wrong. after telling him that i am in iraq, and stocks were the only thing keeping me sain, he let me in on a little secret (not really just a pep talk). I dont know what will come out of this CC, but if you guys were not gobbeling it up at .50 when i told you guys to, then next time, if there is a next time, please do. Its better when we are all fat and happy!!!
The CEO does really sound sincere. I will follow him. at least more the 3.33 % but anything can happen so no more then 25%. but i knew it was a sure thing at .50. still nerve racking to have all that money in there. i promised myslef i would sell lots when it went back to .72- but it shot right past it. so ...... BRVO is what i call a bank stock. im just putting money in the safe secure bank. I am an investor on this one, not a trader. (this and qbid lol :'( )
Don't worry penthouse... pretty soon there will be slammers in Iraq.. go get them sergeant, i'm sure you get a lot of action there ;)
David: revisiting your investment strategy, for BRVO.
Initially, you traded and made profits. You reinvested and changed strategy to holding for long term. You have total % of portfolio limits. You have reached your limit, for BRVO.
Questions:
1. Do your own rules preclude you from trading BRVO, even if you see opportunity?
2. Even if you do not trade this stock again,, will you post your opinion for those of us whose strategy includes holding a core for investment and trading some in addition?
I see continued volatility as BRVO continues to be discovered.
thanks! Don.
Got this in the mail. $0.75 each when you buy 2 at current Safeway prices with this coupon. Whoppie!!
Thanks for all the great messages on this BRVO.OB thread, which promises to continue for a long period of time on the 3 Stocks on Fire message board.
Quote from: don on November 11, 2005, 12:42:08 AM
David: revisiting your investment strategy, for BRVO.
Initially, you traded and made profits. You reinvested and changed strategy to holding for long term. You have total % of portfolio limits. You have reached your limit, for BRVO.
Questions:
1. Do your own rules preclude you from trading BRVO, even if you see opportunity?
2. Even if you do not trade this stock again,, will you post your opinion for those of us whose strategy includes holding a core for investment and trading some in addition?
I see continued volatility as BRVO continues to be discovered.
thanks! Don.
I'll answer your questions, but first let me say that when I write «Hold» it means that I already bought the stock and that I will continue to hold. I could never say «Buy» if I already bought, because of money management rules. I don't average down and I don't average up. I just put a fixed percentage of capital in each stock (6.66%), in a way that I need to own several stocks (in the case of the 3 Stocks on Fire Portfolio, 15 stocks) to be full invested.
Considering your questions:
Quote1. Do your own rules preclude you from trading BRVO, even if you see opportunity?
No, they don't. But I believe now the company is in a better position than it was when it made its high at $1.425 on the 14th of July, 2005. So I'm not considering taking profits, even from a trading perspective, below this level. Of course, this opinion can change, otherwise the daily updates would be of no use.
Quote2. Even if you do not trade this stock again,, will you post your opinion for those of us whose strategy includes holding a core for investment and trading some in addition?
Yes, I will.
Now to BRVO.OB's analysis:
The stock closed the gap it left open yesterday and then had a minor pullback. Volume is growing, and that's always a good thing, clearly people are getting interested on this penny stock. Earnings will be out on Monday after the closing bell, and all eyes will be on forward looking statements.
If we know Roy Warren he won't lose this opportunity to talk loud about BRVO's future. fill_the_gap says revenues are expected to come in at $4M. That would still represent a 63% sequential revenue growth from the second quarter, which is great ! (still without CCE involved)
The company won't show a profit, but I think all eyes will be on the future, not on the present situation. And the future for BRVO is bright, no doubt about that.
Maybe there will be some profit taking, some sell the news after the conference call, specially if the stock gaps higher at the open on Tuesday.
But I won't consider the short term fluctuations, let me tell you why, by topics:
1. I think it is a sure thing we'll see prices above $1.42 for the medium term, possibly over the next 3 months.
2. I could lose my position, and that's terrible, because:
2.1. I believe in the long term story and fundamentals of this company, and if I sold and it continued to rise, I would certainly buy at an higher price than I sold.
2.2. I would be in a weaker position then, because after buying high again there could be a correction and then I would be losing on that trade, instead of winning with my initial trade. A trader is always more confortable when he's winning (even if less than before) than when he's losing.
2.3. I'm not just a lonesome trader. I also have responsability for the 3 SOF Portfolio management, and it would be impossible for many traders to trade in and out of this penny stock, most of them would lose their positions (I would lose my position too).
3. It is more important to learn from past mistakes and correct them than to win on this or another trade. From past mistakes I know it would be a mistake to trade in and out of BRVO.OB.
Considering all the above, my business with BRVO.OB is to hold the stock for a large gain, not trading for peanuts. I've never known so much about the fundamentals of a company as I do from BRVO.OB, and I want to let the market give me a lot of money for my efforts on this 55 pages thread.
Good luck to all holding !
Nberski,
Something is really, really wrong with you ??? ;D
But you own Bravo so I guess its all good.
Hold on to your pants kiddies for the ride next week after earnings!!!!
David,
I was curious if and when CCE decides to exericse the option to own 51% of the company at .36 a share, what kind of impact is that going to have on the PPS. I would think the first market reaction would be negative. With a lot of companies that would be like a dark cloud always hovering over even when things are good. I would like to know your thoughts on the possiblity. Thanks.
QuoteI was curious if and when CCE decides to exericse the option to own 51% of the company at .36 a share, what kind of impact is that going to have on the PPS.
That's not a possibility. CCE exercized its option to buy 30,000,000 shares of BRVO.OB at $0.36 a share, representing 18.65% of the company (a $10.8M investment CCE made in BRVO.OB). It has no more options to buy anymore shares from BRVO.
Perhaps you've missed this: Bravo! Foods International Modifies Proposed Transaction With Coca-Cola Enterprises Inc. (http://www.marketwatch.com/tools/quotes/newsarticle.asp?dist=¶m=archive&siteid=mktw&guid=%7B49B17835%2D1539%2D4182%2D83F0%2DF5A8B1D27977%7D)
Sold the shares I bought Wednesday at .665 for .765. Back to just my core position. Why sell? 1. Gap was filled yesterday, 2. RSI at .70 (see what happened last time RSI hit .70), 3. My general disposition to take some profits before earnings releases
I also liquidated my 30,000 shares yesterday at .76
My thinking is that since IR shared those numbers via phone it is already common knowledge among many traders and the shares are priced accordingly.
The lack of breakout momentum past .78 yesterday, and so far today, would seem to confirm this logic.
I believe there will be a sell off after the information becomes public knowledge on Monday and will look to take another position at that time.
It is great that you are taking a profit!
On the other hand, the stock may be priced properly based on IR's numbers, however, lofty projections for the next quarter, talk of upcoming profits and the progress with CCE could make this move significantly.
B4 earnings, I always ask myself if this company can offer something better than it did this last quarter to make the stock go up. Bravo continues to come up with new innovations - NASCAR, Breakfast Blenders, Road Shows.....and I have a feeling it will have a good announcement.
If I sell now, after taxes, the gain will not be that great. A .20 drop will have little impact in the long run and this is a long hold. I think this stock with its strong pr can push itself to a dollar by year's end. I have confidence in the management and will not worry about fluctuation right now.
I agree 100% with snowcats assesment.
I usually don't "get married" to any one stock, and I'll sell on profits, but i just don't think its time to sell BRVO. There's too much upside to this company and the stock has a way to go up still,
jmo, of course.
So we agree to disagree.
HEck i did not even think about taxes$$$$$ hold this baby for a year and get the tax cut. just 6 more months lol ;D
Roy Warren opened the CC for the distro agreement with forward guidance of $3.6 to 4 million for this Q, 6 to 7 million for next, and for 2006
70 to 100 million dollars in gross revs
According to the guy who handles the education market, the numbers for that channel were
"astronomical...numbers that we never dared think about," with a promise of specifics at end of Q.
Warren was also very clear in stating that he does not expect to take any financing option that will affect the float or the share price in the near term, and that details of financing will be provided during the next cc.
I doubt that the forward numbers are yet familiar and accepted to investors; now that the distro deal is in effect, IF the above is all confirmed, and IF the hedgies are really done with selling, I think we may now see the real effect of such guidance.
I don't doubt that we'll see some "selling on the news." Taking some profit does seem the safest thing to do.
But I think trading out entirely may prove to be short-sighted.
BRVO may move well "ahead of itself" before it again becomes cheaper.
I also think there can be a sell the news effect after the conference call, but I'm not such a fast trader and BRVO is a long term holding of the 3 Stocks on Fire Portfolio.
For people selling, remember $0.72 was a resistance level, and now it will probably act as support.
My fundamental reasoning tells me BRVO has a lot more potential with this second version of the deal with CCE than with the first where CCE would take control of 51% of the company (without buying any stock from us, public and small shareholders). The second and probably final version of the deal with CCE is much more «shareholder friendly».
But the market still doesn't reflect that. The stock must trade above $1.42 to show all people interested that this second version is better than the first.
Since I see BRVO above $1.42 in the not so distant future, how could I sell at $0.76 and try to buy back at $0.72, putting my position in risk? I can't.
But I wish good luck to people selling, I wouldn't mind to see a pullback followed by a new and reinforced leg up.
David, If I could physically applaud you, I would. I'm not nearly as confident and experienced in Stock analysis and forcasting as you. But, learning a lot here. I agree with your thoughts and insights on the future of BRVO.
It's possible that I could hold this one for a year or more. Only time will tell. I hope you can find more BRVO type stocks for 3Stocks. Thanks for finding this one.
Maybe think of creating a "long holdings 3 Stocks portfolio" for BRVO type stocks.
Revenues up 293%
Bravo! Foods International Reports Record Third Quarter Revenues
Monday November 14, 4:01 pm ET
NORTH PALM BEACH, Fla., Nov. 14 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milks, is pleased to announce results for the three and nine-month periods ended September 30, 2005.
ADVERTISEMENT
For the third quarter, total revenue grew sharply to $3,245,305, up 293% over $825,430 reported for the same period in 2004. Loss from operations for the quarter was $(1,833,287).
Bravo! reported a net loss applicable to common shareholders for the third quarter 2005 of $(4,994,496) or $(.04) per diluted share, versus a reported loss applicable to common shareholders of $(1,218,164) or $(.03) per share reported for the third quarter of 2004. The Company's reported net loss was substantially impacted by a one-time non-recurring finder's fee, relating to the Company's Master Distribution Agreement with Coca-Cola Enterprises, in the amount of $3,000,000, incurred during the period ended September 30, 2005.
Bravo! CEO Roy Warren said, "We are pleased with the results of operations for the third quarter of 2005, with substantial growth in revenue recognized during the period prior to our first shipments under the Master Distribution Agreement with the nation's leading beverage distributor, Coca-Cola Enterprises (CCE)."
Warren continued, "Our outlook remains positive for the full year 2005, as we benefit from full-scale, nationwide distribution and realize sales growth as a result of the Master Distribution Agreement with CCE and launch of our new Breakfast Blenders(TM) at 7-Elevens nationwide. We are aggressively pursuing the necessary drivers to sustain momentum over the next few months, including enhanced production capabilities to meet expected demand, and nationwide sales and marketing efforts."
For the nine-month period ended September 30, 2005, total revenue grew to $6,591,693, up from $2,704,992 for the same period last year, an increase of 144%. Net losses applicable to common shareholders for the nine-month period increased from $(3,173,591), or $(.08) per diluted share, reported in 2004 to $(7,748,732), or $(.09) per diluted share, for the nine months ended September 30, 2005.
Full text of the Company's 10-Q filing can be found at: http://www.bravobrands.com or http://www.otcfn.com/brvo .
Bravo! invites interested parties to discuss results of operations and recent developments, via conference call today at 4:00 p.m. EST.
To participate in the conference call, dial 877-407-8035. International callers, please dial: 201-689-8035.
$3.25 m is a huge shortfall from Warren's recent guidance. Warren's explanation that orders were pushed back to favor CCE orders is satisfactory enough, but it still offers the question of how accurately Warren estimates the ability to execute, the production capacity bottleneck should have been better anticipated.
Still, it's great growth, and they're standing by Warren's previous q4 and 2007 numbers.
Tomorrow should be interesting. Luck to all.
Quote from: robt on November 14, 2005, 04:31:41 PM
$3.25 m is a huge shortfall from Warren's recent guidance. Warren's explanation that orders were pushed back to favor CCE orders is satisfactory enough, but it still offers the question of how accurately Warren estimates the ability to execute, the production capacity bottleneck should have been better anticipated.
Agreed - My thoughts as well.
While it's a good problem to have, the production capacity is going to have to be increased in short term. Pushing back orders for Sam's and the other customers is not going to build the brand.
Notes from the questions:
------------------------------------------------
273,250,000 Shares outstanding with convertibles - the balance sheet has cleaned up with most of these conversions
-------------------------------------------------
Announced they now have agreement to sell the Army commisaries
-------------------------------------------------
Trying to get additional dairies to produce - nothing confirmed - mentioned Hood as only potential
------------------------------------------------
Concerns from one caller over competition - Nestle running as a loss leader in MN market
Reply - Not seeing as national trend / immediate consumption (7-11, C Store will offset)
--------------------------------------------------
BRVO retrofitting bottle size (will have a 10 oz) to accomodate Coke vending machines
Still compiling numbers for potential sales to schools in CCE network - will have in January
------------------------------------------------------
The Marvel branded slammers did not sell well in the immediate consumption space
--------------------------------------------------------
End of questions
This Management group seems very open and trustworthy and I beleive this to be a long term winner. In the short term the capacity issue may hinder their ability to grow.
HecK!
I kinda hope there is some pullback - I just collected on a load of chickens and skins - so I have some paper money to buy more stock.
The problem is that if a investinado such as myself is looken for more then that means that all the other high level thinkers have the same idea.
Babe Yocom at Babes General Store Barber College and World Discount-A-Rama sayes I should stay with chickens - but he is not my broker any more - Babe got his license taken away for brokering spoiled meat - Heck - David is better at this anyhow.
Most say the meat was good and not spoiled - Babe says just aged and not horse meat either.
Looking solid to me. He even addressed the stock split issue. No bad news here.
8)
Good morning !
I agree with robt and KCscott comments.
I also think we'll have the pullback nberski is looking for :D
On a superficial analysis results were below expectations. Revenues for the quarter came in at $3,245,305 instead of the $4M we were expecting.
Management gave a good reason for this: they were afraid they would not be able to meet orders coming from CCE in October, so they were building inventory and delayed some other clients orders for the 4th quarter. For the 4th quarter if I listened correctly management is expecting something like $7 to $8M in revenues, so more than double from the third quarter.
Also, there was a big net loss on the 3rd quarter, of $4,994,496, but again, $3,000,000 of these were because of a non-recurring finder's fee related to the Master Distribution Agreement the company made with CCE.
They maintained the $70 to $100M revenue projection for 2006, but they say they will update shareholders next January.
The company's biggest problem now seems to be production capacity, since there's demand for everything they can produce. They're working on increasing production capacity, talking with HB Hood that has a big plant in Virginia.
BRVO's management is not considering a reverse stock split to reduce the number of shares outstanding and get the price up, so they can go to a national exchange instead of the OTCBB. Roy says he wants to just grow revenues and obtain profits for the stock price to rise without a reverse stock split. I agree with this idea. Later, when the company gets profitable, they can reduce their share count by a stock repurchase program.
The other day I was reading that Warren Buffet doesn't have a computer in his office, or even a calculator. He says that he doesn't judge a business just by math, but mostly by thinking about the future for the company.
That's what I think on BRVO.OB. I believe one should not go deep into quarterly numbers, and realize that there's little risk with this investment, and huge potential.
Revenues will just continue to increase quarter on quarter and profits will emerge and grow.
I have a dream vision for BRVO.OB. One day I will get out of my house in Ericeira, Portugal, and I will go to the gas station to drink some breakfast blenders or a slammer. On that day BRVO.OB will be a world class corporation with several billions in market cap. That will be day where I will take my profits in BRVO.OB.
Technically the stock has supports at $0.72 and $0.66 (ascending trendline). If BRVO.OB can close above $0.80 with volume above average then I can only see resistance at $1.04, at the neckline of the H&S pattern the stock made.
Good luck to all BRVO.OB holders and others trying to get back in, this is a long term investment of the 3 Stocks on Fire Portfolio.
I sold most of my position in BRVO yesterday at .775, in from .63, 22% profit. Still holding a core set of shares, I will buy back on a pullback if it comes. :)
I plan to buy back in at the support levels on the way down. It should get a pop each time for a near term trade. Then the plan is to go long again before the next call. We will see. But heading up from here is not likely at this time. Even at 4 million, it would have a similiar trading pattern, imho. Great company prospect long term. Also a nice trading stock for the bulletins.
hellow,
i am looking to get in - but dont know @ which level? Any suggestions? Waiting a little more for high fifties. Or is the current level a good support...
thanks,
gtz
David posted that technically the stock has supports at $0.72 and $0.66 (ascending trendline).
Since the stock has breached both of these levels (it touched .62 today) I am hoping David will post some updated guidance. I am rubbish at TA - my own instincts told me to sell my non-core holding at .78.
So I too am waiting. Good luck! Don.
$0.72 and $0.66 support should be applied only to the closing price I believe.
Thanks, Fish.
I for one would appreciate someone posting what the next support levels are, on the way down.
I don't want to wait to closing to find what I should have bought back in at - if you know what I mean :-\ TIA. Don.
BRVO conference call highlight:
Bravo! CEO Roy Warren said, "While the third quarter of 2005 showed a sharp increase in revenue over 2004, additional costs were incurred in preparation for pending initiatives while laying the groundwork for continued growth. Having established comprehensive distribution networks, management is focused on growing capacity while enhancing our popular products to best serve new markets."
I'm holding on for the long term for the reason above. It won't make me rich, but help me
buy the farm I'm dreaming for.
sounds good IMO:
Form 8-K for BRAVO FOODS INTERNATIONAL CORP
--------------------------------------------------------------------------------
15-Nov-2005
Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure
Public Conference Call
On November 14, 2005, the Company conducted a public conference call to announce and discuss the results contained in its Form 10-QSB filed on that date for the period ended September 30, 2005. The following matters were discussed at that conference call:
Results of Operations
The Company reported total revenue of $3.2 million with a 27.3% gross margin of $884,000, for the three months ended September 30, 2005, compared to total revenue of $825,400, with a 23% gross margin of $196,000, for the same period in 2004. This represents an increase of 293% in revenue from the same period in 2004. Slotting fees treated as contra-revenue reduced gross revenue from $3.4 million to the reported $3.2 million number. The Company reported a net loss of $4.9 million for the three months ended September 30, 2005, which included a one time non-recurring $3,000,000 charge for a finder's fee payable in
connection with the execution of a Master Distribution Agreement with Coca- Cola Enterprises (CCE) on August 31, 2005, with a net loss per share for the period of $0.04.
Gross margin for the three months ended September 30, 2005 decreased compared to the three month period ended June 30, 2005, owing to increased promotions in anticipation of distribution through CCE, including the Company's sponsorship of the Cagnazzi Racing Team with Erica Enders and the increased packaging costs associated with a trial run of the new Slammers(R) 4-Pack.
The Company reported a capital surplus of $7.5 million owing to computed value of a warrant issued to CCE for the purchase of 30,000,000 shares of the Company's common stock, in conjunction with the CCE Master Distribution Agreement which was booked as a deferred asset. The Company's debt structure also was reduced owing to conversions of the outstanding convertible preferred stock and notes issued by the Company in prior periods for financing.
The Company reported 141,253,757 shares of common stock issued and outstanding and 270,384,233 shares of common stock on a fully diluted basis. Diluted share base using the treasury method is approximately 230,000,000.
Distribution
The Company reported that it shipped 88,000 12-unit cases in July 2005, 93,000 cases in August, and 113,000 cases in September, for a quarter total of 294,000 cases in Q3. The Company reported that it shipped 223,000 12-unit cases in October 2005, consisting of 170,000 to CCE; 8,000 cases of Breakfast Blenders to support the November 14, 2005 launch in 7-Eleven stores; 12,000 9 unit cases to Sam's Clubs; and an additional 36,000 12 unit cases to other retail channels. Product shipped in October represents slightly in excess of $2 million in sales for that month.
The Company reported that it delayed shipments in September 2005 representing approximately $500,000 in sales to retail customers to build inventory for CCE, Sam's Club and the new Breakfast Blenders line.
Capacity
The Company reiterated plans to increase its present domestic capacity for Slammers(R) of 2.5 million units per month to 2.8 million units for November, with additional capacity increases to 3.3 million per month and unltimately to 7.5 million units per month in the spring 2006. The Company reported that it is seeking additional capacity and is exploring third parties that may provide new capacity for the Company in 2007.
Initiatives
The Company reiterated that a number of initiatives were underway, including its new Breakfast Blenders line currently being launched in 7- Eleven convenience stores, with sampling promotions and "Traffic Radio" advertising spots. In addition, new Masterfoods lines are being
2 explored, as well as a product line to reach the toddler demographic. The Company also is reducing the fat content of its Pro Slammers(TM) line and is making improvements to its Starburst Slammers(R) line.
As previously announced, the Company will convert all of its existing product lines from refrigerated, extended shelf life products to the new ambient packaging, which requires no refrigeration throughout the delivery process, and significantly reduces the Company's per case freight cost. Concurrently, the combination of truckload orders and ambient delivery will ultimately address freight costs.
The Company reported that it has signed contracts to sell its products to 150 US Military commissaries on a national basis.
New Personnel
The Company reported that its growth has necessitated the hiring of additional management personnel for corporate and anticipated hiring of field personnel to accommodate the regional business units of CCE. The Company introduced Mr. Jeffrey Kaplan as its new Chief Financial Officer and Mr. Michael Comerford as its new Director of Operations. Mr. Tommy Kee, the Company's former CFO, will assume the duties of Chief Accounting Officer and will continue to report directly to Mr. Warren, CEO. Mr. Comerford will report to Mr. Patipa, the Company's Chief Operating Officer. Six new regional managers will be hired to service the 6 regional business units of CCE and will report to Mr. Edwards, the Company's Executive Vice President of Sales.
Guidance
On the strength of reorders and growth in distribution partners, the Company offered its guidance for expected gross revenues from $6 million to $7 million for the fourth quarter 2005, and $70 to $100 million in gross revenue for 2006. The Company anticipates that it will schedule another conference call in January 2006 after the completion of its budgeting and forecasting process for 2006 and 2007 to refine its guidance for this period.
I kept what I had, and bought another 10k shares at .65 on the way back up, only to panic when sell that same 10k when it hit .65 on the way back down. Run Forest Run. That was a cool $750 error at the moment, and growing. ;D
I bought precisely when you sold (I can't believe I slept through my alarm this AM!), and the world is lookin' good.
I've been chatting back and forth with some BRVO critics on the CCE Yahoo board, some of these guys have real knowledge of the pitfalls BRVO faces dealing with CCE. Here's an exchange I had with one today:
=====================================
Sell...Sell... Sell....
Will not see this price level for at least another 6 months. Bad news in the works.
=====================================
Quarterly rev $3,245,305
Previous Q rev $ 2,448,618
year ago $825,430
yoy increase 293%!
This is all through their own distro channels, of course, CCE distro having started just a few days ago.
The only disappointing aspect of the report is Warren's forward guidance for the Q was $4m revs, the shortfall mostly due to unanticipated capacity issues. He should've known better.
But not being able to make the stuff fast enough is not the worst thing in the world.
"sell sell sell the sky is falling" is not enough. Step up if you have substantive criticism.
IMO, time to load up, you won't see these prices again.
=====================================
Yes but did revenue % gain outpace % spending. Targets are awful high for next few quarters. Currently not sufficent production capabilites in place to meet these heavy targets. Furthermore they are assuming every bottle produced is out the door. I did listen to the last few CC's, they are good at speculating and manipulating rather than facts. Its all hype I will buy at .45.
=====================================
Can't deny that their eyeglasses are a bit too rosy at times, but beneath the spin there's been real, consistent growth. They've got a new guy for guidance and, while he currently is reiterating Warren's numbers through 2006, it would be nice to see him lowball a little in the future. I can hope, anyway.
A $3 million finder's fee for the Coke deal isn't chickenfeed for a co. this size, but that looks certain to pay for itself in short order. Growing capacity quickly is another big expense, but, with the loss in margins in the CCE deal coming back in saved distro costs, that too will be covered quickly going forward.
The share price rise certainly did clean up the balance sheet, and today's cliff-fall had to clean things up further, as well as send the current crop of short-term traders packing (new ones coming in, of course -- as long as its OTC, its a "trading stock").
Worst case scenario, we get bad news in 2 to 3 months, but I don't see how valuation in the very near term can reflect anything other than the strengths outlined above.
"Furthermore they are assuming every bottle produced is out the door."
Unless you think they're BS-ing about deferring .5 million in orders, that seems a decent near-term bet. It will take a while for them to produce more than CCE needs for full distro, and then there's the deferred orders.
The product is marketplace-proven. The only question is whether it can perform as well in vending machines and schools as it has in the c-stores and big box retailers. Some uncertainty there, of course, but I'm inclined to think it will.
=====================================
no further response, and since then price has gone from .65 to .71. Daytraders may take it down at the close, but it still looks like we'll see .77 and better in the very near term.
addendum: closing at .70 -- very nice, indicates buyers today are strong.
Quote from: don on November 15, 2005, 11:34:10 AM
Thanks, Fish.
I for one would appreciate someone posting what the next support levels are, on the way down.
I don't want to wait to closing to find what I should have bought back in at - if you know what I mean :-\ TIA. Don.
Hey don,
I see support levels building near todays low of .62. Resistence is at .797 where price action couldnt manage to close above there to fill the gap. The last candle on the chart i drew myself cause i dont get intraday charts through my data feed with metastock. Buts its what the current candle looks like, and hey.... it works ;D .
Good luck
-fousc
I sold just before the close at .708. I think the CEO is too aggressive with his guidance. I prefer conservative guidance with a nice chance to exceed it. Nice bounce from today's lows and I took the opportunity to lock profits.
Lucas, few of today's buyers agreed with you, and the current price is back to where it was just three trading days ago. If revs for next Q are "only" $5 million instead of doubled, I don't think BRVO will be severely punished for that, and with .5 million in orders deferred, I doubt that will happen anyway, unless the production capacity issue looms large.
If a Hood Dairy deal is announced, I would expect a major breakout. Warren sounded negative on this prospect, but if he surprises us with a deal, that will certainly make up for his optimistic guidance.
A remote possibility: suppose Warren was deliberately a little too optimistic? Recent share price gains cleaned up the balance sheet, but no one knows how many hedgies were standing by to dump again. This morning's giant sell-off turned that question into past history. Now we know we have strong hands all around.
With his brokerage background, it may be that Warren knew exactly what he was doing.
FWIW-
Having been in this stock for months, and having listened to the entire CC, I think it;s time to put in my 2 cents. As David has pointed out many times, from a 3 SOF point of view this is a long term hold stock due to their very strong growth potential. The question is how long of a hold?
For the first time ( At least, from what I have heard) they indicated the number of shares O/S and that number is enormous. 273 million shares !
To say that BRVO has great POTENTIAL due to the CCE deal is an understatement, but there are a couple of things that are starting to bother me.
IF BRVO does the 100 million that Roy W "guides" for next year ( And let's be honest, his "guidance" hasn't been all that great so far) and we assign a mutiple of 5, that means we're looking at a PPS of $2.25, a 3 bagger from here. Of course, I'm really not sure what kind of a multiple to assign so I'm happy to hear others opinions on that.
He also indicated that the low end of "Guidance" (72 million )would come about if they did NOT pursue the opportunities in Europe and Latin America and I thought that was kind of an odd thing to say. UNTIL he got into the capacity problems. And those problems appear to be substantial.
So I have to ask myself if I am willing to tie up X amount of dollars for a sunstantial ( for me ) amount of time for a 3-5 bagger from here.
The answer? I'm not sure. but I am certainly beginning to ask queations. All the best.
Irish
Irish makes some very valid points.
Here's my Question:
If they are stuggling with capacity to do $5 Million per quarter (= $20 Million per year) how do they expect to do 3.5 - 5 x that amount ($70 to $100 million) in 2006?
I agree that unless they announce a substantial agreement for production, the sales projections would seem way to optomistic vs. capacity
Heck:
I read the form 8-k - 8-K or something like that -
And it looked to me like they are fixin for capacity of 7.5m every month in spring of 2006--YEP. I can cypher and 7.5m is about right for what they is sayen. Fits for about 100m - yep.
I was talking with Clem and Babe up at Babes Gastation Barber Shop ans Discount- A- RAMA and they said botteling is always slow at first - you got to clean up the bottles and get the dirt and cigarette butts and such out of them - Mason Jars work beast - - Quarts
Germs don't hurt nothing cause Clems stuff kills germs - ITS GOOD FORYA
Irishman, at the time of the distro agreement, they stated a "worst case" of outstanding shares plus convertibles of 233 million. The 8-k indicates "141,253,757 shares of common stock issued and outstanding and 270,384,233 shares of common stock on a fully diluted basis. Diluted share base using the treasury method is approximately 230,000,000." Yes, a lot of shares, in any case.
Any growth accomplished in the year to come will also be a promise of future growth, so your three-bagger could easily be a five-bagger; and, while that's a long-term view, the capacity issue must be addressed in the near-term.
There will be immediate reward when this piece falls into place, which could mean a revisit to the previous high, a two-bagger from here, and not terribly long to wait for it, IMO.
KScott, tripling of production at Jasper, to 7.5 m/month, was referred to as a committment back when the distro agreement was announced. If nothing else, Jasper may have to grow their capacity, which could be expensive for BRVO, but it's doable.
Hood negotiations continue -- I first heard of them by rumor 2 days before the CC, and at that time the rumor was that the deal was a 50-50 proposition. Plenty of reason for Warren to sound negative on a deal still being negotiated. I'm inclined to think Hood will come around, since capacity growth at Jasper would be a direct threat to Hood's share of the long shelf-life milk market.
At any rate, given today's healthy bounce, I think we have a relatively safe place to stand and watch these short term issues play out. There certainly won't be an announcement "we can't make capacity" any time soon, while positive news on capacity could come at any time.
Fella's
1. This stock has gone from .50 to above .70 3 times in past 2 months. WHAT MORE CAN YOU ASK FOR? Load up at .50 and sell on the way up, leaving enough so you will be satisifed if it ever breaks out.
2. Brvo is the SOF baby. we constatnly watch it and mention news on it. No other stock recieves this care ( analysis or data).
3. Correct me if im wrong, but was this stock not at 1.40 with 270 million shares? whats that got to do with anything. this company is undervalued.
3. We all agree that this company will be worth more then the nickles and dimes it is now. So worst case, you dont have all the fun buying and selling other stocks and just get profits on this. So if you are one of the guy that buy a stock higher thanr dave does and then sell alot lower the dave does (like me), this stock is more my style.
While it is at this price however, im watching not buying or selling. the news is so damn mixed.
I have been a supporter for brvo from the start, so my opinion is biased, i admit. Im not here to convince anyone. I know 1 or 2 of you are nevious and do not know what to do and just need that little pep talk. Im sure this will go lower on the news, but not enough for me to want to sell. I will just buy more and more the lower it goes. 1 person tell me that this will not atleast sky rocket again once nect quarte comes out. It will be a bumby ride, but thats a good thing.
1. I do not see this going under .45 if it does i will do something realy funny for you guys. I will also sell my house and buy all i can.
Puenthouse,
Don't mistake questioning for bashing.
None of us are bashing BRVO, only questioning things to help each of us derive our own value:
Quote from: puenthouse on November 15, 2005, 08:44:54 PM
1. This stock has gone from .50 to above .70 3 times in past 2 months. WHAT MORE CAN YOU ASK FOR? Load up at .50 and sell on the way up, leaving enough so you will be satisifed if it ever breaks out.
My first buy was at .64 early in my 3SOF days. What I didn't know then was that it would pull back to .50 I bought and held till I saw what Jeff (fill_the_gap) had heard from IR and made an informed decision to take profit. Now I'm looking for the right spot to buy in again. Although I've traded for a few years, I never played the penny stocks due to lack of solid information.
Unfortunetly, my recent experiences have been EYII and HYRF for losses around $10K :P
I'm somewhat jaded based on those, but like you, I'm learning.
Quote2. Brvo is the SOF baby. we constatnly watch it and mention news on it. No other stock recieves this care ( analysis or data).
Agreed, Knowledge is power. And as with any group dynamic, I want to hear dissenting opinions.
I can't get a full picture of what's right with a stock until I also know what may be wrong with it
Quote3. Correct me if im wrong, but was this stock not at 1.40 with 270 million shares? whats that got to do with anything. this company is undervalued.
Never forget, a stock is only worth what someone else will pay for it
Take a look at VPHM for example. It's value is far below what it
should be.
But you couldn't sell it for it's value, only what someone else is willing to pay.
And as of the last 5 days that's dropped 30% +
As for what BRVO is worth on a fundamental side?
There are no earnings yet, so we are paying for anticipated growth.
Right now the market cap around $191M or roughly 2x next years
projected sales.
What if I told you about a company, that has gone up 5000% since it's IPO, has dominant market share, pays a dividend and whose market cap is only 68% of next years sales?
You could buy Wal Mart shares for 48.79 tomorrow.
So which is the better value?
But I digress.........
I don't know what the value of BRVO is, but as of today it's .71
Quote3. We all agree that this company will be worth more then the nickles and dimes it is now.
Will buyers pay more? That's what we all hope to discover.
This is speculation, and when .07 = 10% up or down, I'm going to err on the side of caution.
QuoteI know 1 or 2 of you are nevious and do not know what to do and just need that little pep talk.
Just some advice, If you need a pep talk to stay in a stock..... sell it.
It's not worth the mental anguish.
If you really believe in your stock, then stay for the long haul and don't look at it day to day.
Again, I've learned the hard way.
I've held falling knives and sold rockets before they took off.
Those experiences are worth what I lost, beacuse of what I learned.
Good Luck Puenthouse, and keep your head down over there.
You need to make it home in one piece so you can spend those profits.
Scott in KC
I look at the open, close, high, and the low of the day and can't help but think people who sold today simply had their shares taken away from them. Today is the day to buy, not sell!!! I think once $0.72 is cleared it will continue to do whatever it was doing yesterday.
good looking out KCSCOTT. I know you guys were not bashing. And I say again: I dont have a clue wether this is going to go up or down from here over the next week.
Ameritrade BRVO profile shows:
Market Cap $78,282,476
Shares Outstanding 110,257,008
Not all shares are "shares outstanding," value of shares not in the market are not included in "market cap."
The 8k said 140k shares outstanding, so that indicates a market cap around $100m.
Great posts on BRVO.OB, as usual :)
Let me just address the comparison between Bravo and Wal Mart:
QuoteAs for what BRVO is worth on a fundamental side?
There are no earnings yet, so we are paying for anticipated growth.
Right now the market cap around $191M or roughly 2x next years projected sales.
What if I told you about a company, that has gone up 5000% since it's IPO, has dominant market share, pays a dividend and whose market cap is only 68% of next years sales?
You could buy Wal Mart shares for 48.79 tomorrow.
So which is the better value?
BRVO's market cap is 141,253,757*$0.71 = $100.29M. But that's not the point. The point is BRVO may have, if it meets projections, 580% revenue growth from 2005 to 2006. What is the YoY revenue growth for Wal Mart? 10.5%.
So, for 55 times more revenue growth, you're paying just 1.72 times more the sales multiple. You're right, WMT rose 5000% since its IPO. But will it rise 5000% from here? Of course not. Will BRVO? It's possible.
Some people are concerned because, yeah right, sales are growing, but costs are growing a lot too, even more than sales. It's always this way before a company starts getting «economics of scale» (I don't know if you use this term, what I mean is that with more size costs per unit go down). Also, the company says this:
«As previously announced, the Company will convert all of its existing
product lines from refrigerated, extended shelf life products to the new
ambient packaging, which requires no refrigeration throughout the delivery
process, and significantly reduces the Company's per case freight cost.
Concurrently, the combination of truckload orders and ambient delivery will
ultimately address freight costs.»
Technically, the stock went down heavy because it missed revenues expectations for the quarter (but for the 4th quarter we have $6 to $7M in revenues expected, which is about 100% more than the 3rd quarter), it touched the ascending trendline and came back by the close, making a bullish candlestick.
Maybe it will just stay around current levels, but I don't see it breaking below the ascending trendline, the future is rosy for this company, and the stock market is all about the future.
Maybe we should send the Walmart children some Slammers for Christmas, so they can think about the concept of tastey healthy unrefrigerated milk moving through their stores... LOL
That may help the bottom line for BRVO but it would surely throw another kink in the production wheel.
;D :o ;D :o
David said: Great posts on BRVO.OB, as usual.
ain't that so true!
What I like about this discussion group is the overall positive, yet realistic assessments which continue to be posted. Reading here - makes me rethink my strategy, just about every week. Happy to post that I sold my trading position at .78 for a profit of .18/ps and bought back in for .67. I am a rank amatuer at trading, so I am very fortunate this week. I see the stock trading in a wide enough range to buy and sell and make a few bob - all the time keeping my core position. In summary, like most investing situation, disicipline can make you money. I am rubbish at disipline, being Irish by nature and birth. Thanks for all the sharing. That is what makes my day, ya know. David - may the dentist's trip be short and painless..Don.
How about some more of that tanken sai stuff. I need a hit (of fresh //air).
what are you talking about spalooky?
Quote from: spalooky on November 16, 2005, 06:44:08 PM
How about some more of that tanken sai stuff. I need a hit (of fresh //air).
haha yah i dont get it....... did i miss something? :P
For Nerbski and Spalooky in particular, here is something surprising - a post that is actually about BRVO. Jest joshing you ole boys.... ;)
Very good publicity value here, imho, as I saw this on one of my general news services:
Bravo! Racing News
Source: Bravo! Foods International Corp.
NEW YORK -- NHRA Pro Stock Drag Racer Erica Enders, driver of the Slammers Ultimate Milk Chevy Cobalt will be making an appearance on the highly watched ESPN show Rome Is Burning with Jim Rome this Wednesday November 16th at 4:30pm Eastern Standard Time. Erica will be doing a correspondence for Jim Rome to show him and his viewers what it is really like to be a pro stock driver in the NHRA. You will not only be able to see what Erica goes through on a given race day but you will also go behind the scenes of her daily routine before she pulls up to the starting line.
Enders is the First Female to make it to the FINAL ROUND in NHRA Pro Stock history. (35 years) She also has more wins, in one season (2005) than all other female drivers, combined, in - NHRA Pro Stock history. The NHRA season ended in Pomona, CA with the running of the Automobile Club of Southern California NHRA Finals and Erica made a grand entrance! She qualified the Slammers Ultimate Milk Chevy Cobalt in dramatic fashion with the number 2 spot out of 26 cars.
Today I spent hours reading news and SEC filings for the penny stocks held on the 3 Pennies on Fire Portfolio, and so I'll just introduce a trading plan for each stock held on the 3 Stocks on Fire Portfolio.
BRVO.OB Trading Plan: Hold for the long term.
Yesterday, I unexpectedly received by Fed-X Mail a case of six different Slammers drinks. It was a nice supprise. Also included were recent press releases, nutritional information, BRVO summary and other misc information.
A few weeks ago, on BRVO's website, I signed up to receive Their investment newsletter and I E-mailed Roe Warren,CEO with some general comments. For one of them reasons, I was sent their products. "Got them cool-ing in the frig right now"!
Has anybody else received products from BRVO??
I'm talking about Melfelf's cool technical charts with all that cloud stuff above the current prices. I want to get his latest take.
BEAS realizing it's 3Q today.
I am hoping this stock to go up.
rkstates, why would you post this in the BRVO thread? Do a search on BEAS and post there or start your own thread. Whoever you want to see your message won't be able to find it in BRVO. :)
As I posted on Tuesday night, people who sold that day simply had their shares taken away from them. This stock is now more bullish than ever.
Unfortunately I didn't receive any BRVO products, but I've just changed address, maybe that's why ::) I guess I just have to go to the US to taste slammers ... or else, wait a couple of years :)
The stock is coming back after the «sell the news» of the earnings report. As we've analyzed, news wasn't bad as it looked on the surface, and I expect good things for the 4th quarter and beyond. Not only because of the CCE master distribution agreement, but also because the company was already experiencing fast growth even without CCE.
Technically, a close above $0.80 would be heaven, as it would be a confirmation of the new higher highs, higher lows pattern.
I see a lot of transparency in the words and actions of BRVO's management. I'll continue holding for the long term.
Quote from: David Randolph on November 18, 2005, 05:09:25 AM
Unfortunately I didn't receive any BRVO products, but I've just changed address, maybe that's why ::) I guess I just have to go to the US to taste slammers ... or else, wait a couple of years :)
The stock is coming back after the «sell the news» of the earnings report. As we've analyzed, news wasn't bad as it looked on the surface, and I expect good things for the 4th quarter and beyond. Not only because of the CCE master distribution agreement, but also because the company was already experiencing fast growth even without CCE.
Technically, a close above $0.80 would be heaven, as it would be a confirmation of the new higher highs, higher lows pattern.
I see a lot of transparency in the words and actions of BRVO's management. I'll continue holding for the long term.
David, I can send you slammers if you want... (for free 3 months membership of ur webite) ha ha ha... :D ;D :D ;D :D ;D :D ;D
8) MILK WITH AN ATTITUDE :-*
Tradeshow exposure will lift the convenience store interest in Slammers... once again production will be a key issue.. http://biz.yahoo.com/prnews/051118/flf007.html?.v=33
Racing community exposure will help once the kids catch onto the tastee treat in Slammers. http://www.slammersracing.com/
PPS Back up to before earnings release ... volume still extremely light.
Nothing but BLUE SKIES
QuoteDavid, I can send you slammers if you want... (for free 3 months membership of ur webite) ha ha ha... Cheesy Grin Cheesy Grin Cheesy Grin Cheesy Grin
Thanks but no thanks Terlisa, I prefer to use that as an excuse to travel to the USA ;D
Nice picture bw6458 :D
Yes, volume is on the light side, as BRVO has recovered from the post earnings release sell-off, as expected. The stock will probably continue trading between the ascending trendline and the $0.80 short term resistance level. For today support will be standing at $0.69.
I will continue holding whatever happens. Each quarter will bring higher revenues and probably profits.
It looks like the CEO Roy Warren gave 50,000 BRVO's shares to charity. Now he has "only" 3,281,765 shares.
And people in Europe say Americans are all about greed and wealth. If I gave about $35,000 to charity now probably I would be called insane by my family ::) Here, people who are poor expect help from the government, not from other individuals.
BRVO.OB declined about 5% yesterday, and it is building a bullish pattern. I see the stock trading between the ascending trendline and the horizontal resistance of $0.80.
The ascending trendline for today stands at $0.66 (new trendline after a chart clean-up - sometimes one should do this). After this consolidation phase and before the 4th quarter earnings release, I see BRVO breaking $0.80 on the upside and that would give us a technical target of $1.
So, my expectation is for BRVO to continue trading between $0.66 and $0.80 for some weeks to come and then break $0.80 towards $1. My expectation is based on technical and fundamental reasoning.
David I do not know how you do it! . I had found that this thread has narrowed in scope considerably. Recent weeks have seen it limited to posts of news releases and David explaining why it is a great hold. I missed the trading and technical banter that we had, because I am rubbish at technical stuff, but I can and do trade a few thousand here and there, based on my reading of what is happening to the fundamentals and market psychology. And there you go - all your posts are useful, but your latest is bang on the target - great, useful, solid, well thought out, informational post. Thanks a million, as the Dubs say.
At the risk of boring y'all, here is my BRVO history, maybe someone will learn from my mistakes and good fortune! : I bought 10K at .35, 3 years ago. Added 20K this year. I traded in and out. Made about US10K. But, even though I read David's predictions, as a guest, I didn't buy it. So, with some subsequent averageing down, my average cost of my core (or investing) holding is 30,000 @ 89. In addition, I bought 10K for trading at 60. Sold at 78. Bought again at 67, which is where I sit right now with my trading holding. Unlike David,. I want to trade that 10K and add to my core holding with any trading profits I make. Consequently, with Davids portfolio strategy, he has to stay fully invested in his BRVO holding. My trading strategy will continue to be, trading in; then selling off 10K every time I see a 10 cent profit (= US$900 net of commissions).
Totally unscientific!
Where I have made my most common mistake, is when any stock I own does take off, I do not have discipline to set a price target to sell at - and stick to it. I would like to use stop loss orders, to protect my profits...for my entire holdings - but I cannot do that with TDW, on OTC. (My bank is Canadian, so I don't want the hassle of changing brokers).
My rule of thumb at taking profits: It does depend on the amount of capital you have invested. E.G. I drifted into the trading habit of buying in and out of 2K shares of BRVO at 90 to 1.15 range. I found myself taking individual profits of $200, less commissions of $85. So my net profit % was, like 5%...It was crazy - I was staying up way too late in to the night and taking on a lot of stress. Hence, I switched to a larger trading capital (10K shares) and an absolute dollar amount of profit, I need to see, before I will take it. Call it $1,000. Which is working out at 10%.
The difference is that the commission 'bite' is a significantly lower %.
Mistake: I had a book profit of 1,000, at 78 and I did not take it. Some friends coming by, some wine and I stayed off the computer.
Then I forgot my trading plan. Did not correct the mistake. Living in the SE Asia (12 hours ahead of NY) and wanting to have a home life; this was another one of those points in a life, where I had to decide between quality of life and profit. Hell, it was a good mistake.
So - let us see some ideas/opinions/trading of information, please. If I were David I'd get tired of being the only worker on this thread. Oppps, there, I've said too much! Good luck to all. Don.
close 2 real time quote:
latest 0.73
+ 0.015
vol. 312,305
Bid Size 25 Ask Size 25
Day High 0.75 Day Low 0.71
Open 0.72
This looks like a decent opening.
The Trend Line, so I understand, is getting close to .66 and there is a 38.2% fib retracement at .67 so we at least have good support there. It appears that today activity, so far, indicates that there is good support at .71 which is just above yesterday's low of .701. Hoping for everything, expecting nothing. Don.
Hello don :)
Thanks for sharing your experience with BRVO.OB. I believe the stock will reward you for that 3 year wait.
Your commissions are pretty high, don't you think? But I understand that sometimes it is difficult to change brokers.
Considering BRVO, today was a day with no news and no new technical developments. Volume was on the light side. The ascending trendline now stands at $0.665 and the horizontal resistance is at $0.80.
Penny stocks are completely out of favor now, I hope the market considers BRVO.OB as a «different» penny stock. At least in BRVO.OB we know there won't be much more dilution, since the number of authorized shares is 300 million.
I'll continue holding for the long term.
Quote from: David Randolph on November 22, 2005, 06:43:46 PM
At least in BRVO.OB we know there won't be much more dilution, since the number of authorized shares is 300 million.
David,
Any idea of how they will structure the needed financing ?
From the conversation with IR:
BRVO has alot of expenses to consider.
The are responsible for advertising in the CCE deal.
And they are paying alot of money to ramp up the Missouri production facility.
Remember, the CCE money (warrants) are on the side lines indefinitely, so BRVO needs financing to move forward.
Reply #879. I neglected to give credit for quoting TA provided by Basonista. Thanks for sharing! Don.
So what will this do to the pps friday?2005-11-23 16:53:16
Bravo! Foods International Enters Into Agreements for $20.25 Million Private Placement of Common Stock
NORTH PALM BEACH, Fla., Nov. 23 /PRNewswire-FirstCall/ -- Bravo! Foods
International Corp. (OTC Bulletin Board: BRVO), a brand development and
marketing company that manufactures, promotes and distributes fortified,
flavored milks, today announced that the Company has entered into definitive
agreements for $20.25 million in equity financing through the private
placement of 40,500,000 shares of common stock to a group of institutional and
accredited investors. The net proceeds to the Company after payment of
transaction expenses will be approximately $18.9 million. The Company also
issued to the investors warrants to purchase up to an additional 15,187,500
shares of common stock exercisable at $.80 per share. SG Cowen & Co., LLC
acted as the exclusive placement agent for the transaction. The closing and
funding is scheduled to occur early next week.
The proceeds from the financing will be used for increased production
capacity, the launch of marketing campaigns, redemption of 30.3 million
warrants, paying the finder's fee relating to the Coca-Cola Enterprises Inc.
Master Distribution Agreement and general working capital purposes.
The securities issued in the private placement have not been registered
under the Securities Act of 1933 and may not be offered or sold in the United
States in the absence of an effective registration statement or exemption from
such registration requirements. Pursuant to the terms of the purchase
agreement, Bravo! Foods International Corp. plans to file a registration
statement with the Securities and Exchange Commission on Form SB-2 within
45 days of the closing of the transaction, registering the common stock and
shares of common stock underlying the warrants for potential resale.
About Bravo! Foods
Bravo! Foods International Corp. (OTC Bulletin Board: BRVO) develops,
brands, markets, distributes and sells nutritious, flavored milk products
throughout the 50 United States, Great Britain and various Middle Eastern
countries. Bravo!'s products are available in the United States and
internationally through production agreements with regional aseptic milk
processors and are currently sold under the brand name Slammers(R).
Many of Bravo! Foods' Slammers(R) lines of shelf-stable, single-serve milk
drinks are co-branded through exclusive partnerships with Masterfoods, a
division of Mars Incorporated, Marvel Entertainment and MD Enterprises (Moon
Pie(R)), providing superior name recognition packaged with quality,
great-tasting drinks.
Slammers(R) are now available at more than 30,000 stores nationwide,
including such popular chains as: 7-Eleven, A&P, Associated Grocers, Bi-Lo,
Bruno's, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark,
Piggly Wiggly, Ralph's, Safeway, Sam's Club, Shaw's, ShopRite, Speedway,
SuperTarget, Unified, Waldbaums, Walgreens and White Rose.
For more information, visit: http://www.bravobrands.com or
http://www.otcfn.com/brvo.
Contact: Roy Warren, CEO Bravo! Foods, 561-625-1411 or James Dryer,
Investor Relations, 561-837-8057 or
[email protected].
hi david,
with regards to selling all the pennies , will brvo be another stock that could possibly drift down and change trend . it seems now the initial excitement has worn off this could drop below .60 again.
thanks
maxi
The price will gap down Friday AM as it did post earnings, imo.
The amount of shares is less than if CCE had taken 51%. That said, it is worse for us shareholders for CCE not to have the shares. Even though the number of shares are higher, We want CCE to have them because they will not sell them.
You see, CCE was not going to sell to the open market as these people will.
CCE would have held then Entire stake to make sure they had the 51%.
We now never know when shares will be dumped to market.
Most people who do this type of financing are not in the business of investing.
They already are in the money on the shares. So selling gets an immediate return.
BRVO gets the financing, they get the money and all are happy. Right? Wrong.
The share price will suffer. Any rally will be hit with a ceiling. Remind you of EYII and some others.
Advances are crushed creating more bagholders to sell again on any pop.
This cycle will end when the shares are all gone. (but how can we be sure?)
And hopefully, the margin is great enough that BRVO will not need future financing.
Some have the opinion that private placements are not good.
It depends on who it is with.
Picture this scenario.
They can now leverage to make money by short selling shares.
A long position protects them.
When the price goes too high, they sell and vice versa.
Here is an explanation I recently came across.
This is all hypothetical. I want BRVO to move up but am evaluating all scenarios.
* It still is a mystery why CCE did not take 51%
Perhaps, CCE knows the company is valuable but share price will be diluted.
====================================================
The copied post below about another company may have nothing to do with BRVO, but it sure got me thinking about how the big boys make money. ???
A new range? I don't really think so. It is a positioning thing imo.
The bucket boys were short $2.23 when the was announced. They shorted into what was an advance to $2.23. They pounded it good and took it to $1.20. They kept the short and bought long $1.20.
The spread or difference between the two made $1.71 the mid point price. That is where they have set new shorts. If you look at the volume history at that price, you will see what I mean.
They have accumulated enough long to free wheel. In effect, the short is not dependent on the core position. That would be the Soros shares at $.73.
If you use that number in the computation, $2.23 best short, .73 best long, you arrive at $1.50. They buy below $1.50 and sell $1.50. The $1.40 you mentioned is where they want it. They can make a nickel or dime on all the trade. They can use the $.73 number for basis because they have insured themselves with long accumulation.
I place the new protected zone at $1.63 top for short. You might remember in the past I had said; buy $1.50,51,52,53,54, and stop. The stock was $1.70 or so at the time. It came down quick to that zone.
$1.40 represents the discount and profit. $1.50 is the more relevant price. They do not buy $1.50, they sell.
The price is contracting. The short position has been on and off of the reg sho list. However they have maintained that short. I believe they will hold it till the end.
Why not. Those shares never existed in the first place. If you can make 1.5 to 2.0 million on something that does not exist, well....
No cover. More short if they can manage it. If they can run the price down, they get richer. The divi pays in shares.
I expect a pump and a monster short attack. It hit $1.35 recently. They need to sell some before the dump. When they finish, I expect a plunge. They will accumulate the new low and improve the basis lower.
I doubt you will see anything converted. They have control through the preferred. They are better served by an instrument that represents the common. The common loses value. The preferred is protected by covenants. The lower the common goes, the better for them.
The company is valueable. The common is not. They want the company. I think it goes toxic and they win big.
All my opinion.
Bravo! Foods International Enters Into Agreements for $20.25 Million Private Placement of Common Stock
WEDNESDAY, NOVEMBER 23, 2005 4:53 PM
- PR Newswire
NORTH PALM BEACH, Fla., Nov 23, 2005 /PRNewswire-FirstCall via COMTEX/ -- Bravo! Foods International Corp. (BRVO) , a brand development and marketing company that manufactures, promotes and distributes fortified, flavored milks, today announced that the Company has entered into definitive agreements for $20.25 million in equity financing through the private placement of 40,500,000 shares of common stock to a group of institutional and accredited investors. The net proceeds to the Company after payment of transaction expenses will be approximately $18.9 million. The Company also issued to the investors warrants to purchase up to an additional 15,187,500 shares of common stock exercisable at $.80 per share. SG Cowen & Co., LLC acted as the exclusive placement agent for the transaction. The closing and funding is scheduled to occur early next week.
The proceeds from the financing will be used for increased production capacity, the launch of marketing campaigns, redemption of 30.3 million warrants, paying the finder's fee relating to the Coca-Cola Enterprises Inc. Master Distribution Agreement and general working capital purposes.
On the surface it is dilutional but in the long run this may work in our favor.
Any other comments on this PP?
Good post from RB-
Forced converts, redemptions, and figures
It appears there are at least 30.3 million shares underlying convertibles/warrants that can be redeemed and that Bravo intends to redeem.
Given that the 30.3 mil callable warrants represent convert-notes in the sum of approx 3.2 mil, bravo could buy them back for under 4 mil. That would be a marvelous move given that they have just placed 40 mil shares at .5 and 15 mil warrants at .8 In effect they would have presold the 30 mil redeemable 10cent warrants for 50 cents for a nice 12 mil gain.
BUT. Can bravo really redeem them?
Looking at a couple of the warrant agreements- it appears
1. Bravo has to issue a Redemption notice.
2. Pay somewhere approx 125% of the note's value.
3. Allow 30 days during which the warrant holder can elect to convert.
4. Nothing stops the conversion except that the holder may not own more than 9.99% of the Outstanding shares at any time.
So, if any convert-holder wants to convert at the 10-20 cent price, and has problems because they are topped out at 9.99%, they will probably sell some at current prices (if they haven't already) so that they can convert the rest.
My guess is Bravo won't be able to redeem a single warrant.
However, they can force conversions now so that
1. We create maximal dilution at this price level, so that there isn't an overhang in the future.
2. We avoid paying interest on those convertibles.
3. We create a base of long-term holders and a solid price bottom since folks who convert but don't want their money locked in non-interest bearing stock will flip their shares.
We could see a few million shares coming to market.
Short-termers who don't want their capital locked up will add to the price pressure.
Real long term holders- those holding for a few years out- will buy.
As of aug 30, The Company reported 141,253,757 shares of common stock issued and outstanding and 270,384,233 shares of common stock on a fully diluted basis. Diluted share base using the treasury method is approximately 230,000,000.
Bravo has now sold shares and issued warrants for an additional 55 mil shares at a blended price of .58. Interest free as opposed to interest-bearing convertibles.
Presumably 285 of the 300 mil shares will be in the float within the next 30 days- except for around 10 mil perhaps.
Evidently all those broker meeting bore fruit- of course, one might look askance since Bravo did say it was going to pursue non-dilutive financing. I guess they meant 'after' they had completely diluted to the authorized limit.
Now, what's the bad news?
I can't see it. A lot of people here were unhappy that cce was going to get 80 mil shares at .17
They finally got 30 mil at .36
The other 55 mil has gone for a blended price of .58
Some say that CCE would have locked away those shares and so that would have been better. Less in the float. Artificially inflated eps. But really, fully diluted metrics are much better.
So now we have 290 mil shares out, 70-100 mil in revs for next year and 180 mil revs in 2007.
At this year's 13.2 mil revs, using a 6x multiple we have 80/290 or .27 pps. Yet the market is looking forward.... we just sold a sizeable block at .50, no?
At a 6x multiple of 2006 85 mil revs, we get 510/290 or 1.75pps.
Basic point, Bravo is in a very good position going forward. So are we.
IR threw out 4 million for last quarter, they came in 3.25. Confidence in what they say is now suspect. The company should do well, but the share price ? Projections mean nothing if they overpromise and underdeliver.
Again, makes you wonder why CCE backed out of the initial 51% ownership ?
Good morning, I hope you all had an happy ThanksGiving :)
Let's see, we've had these news from BRVO:
Bravo! Foods International Enters Into Agreements for $20.25 Million Private Placement of Common Stock (http://www.marketwatch.com/tools/quotes/newsarticle.asp?dist=¶m=archive&siteid=mktw&guid=%7B11A10E93%2DCA85%2D494F%2DB85B%2D9F1C043B8E68%7D)
I have three major comments to make:
1) Thinking about BRVO's recent history, you can see how the company's intrinsic value is growing a lot. I'm not talking about revenues or earnings multiples, and I'm not talking about the book value either. I'm talking about what big sharks are willing to pay for the company in terms of its share price (what matters to us, small shareholders).
Let me explain: In July 2005 CCE was going to get control of the company, 51%, paying just $0.25 per share for it. In August 2005, they were willing to pay $0.36 for 18.65% of the company. And now, in November 2005, institutional investors are willing to buy a big block of shares at $0.50 and they have warrants to invest more at $0.80.
We're talking about higher and higher prices to pay for a chunk of the company. I believe $0.50 will be seen as a floor to this penny stock, the stock won't go near or below that level anymore, because if institutions with much more information than us (we suspect) were willing to pay $0.50, why would we sell shares near that level?
2) In terms of dilution, everybody knew this was coming. Even at the Conference Call Roy talked about 270 million shares on a diluted basis, and outstanding there were only 141 million shares.
3) We all listened and talked about the capacity problem the company had. They would sell a lot if they could produce it. Now they have the money to do it, so nothing standing in the way.
I feel the news was great.
Technically we have support at the ascending trendline which for today stands at $0.67 and resistance at $0.80. I expect the stock to continue trading inside this range and ultimately break it on the upside.
Again great analysis David. I want to make a point here. Yesterday at my local Walgreen there were about a dozen orange slammers. I picked them all for my family. The manager told me that they dont have more in stock. Reason: Supplies. If BRVO has enough capital it can stock up as soon as it depletes.
David: appreciate those comments. They are out of date now. Latest trade was at .635
Would you update your technical reading of where we are going, before I buy today? Thanks Don.
While the trendline support didn't hold today, BRVO has bounced off it's 50% fib retracement so can still considered to be in bull mode. Former TL support is now resistance with the open being right at it but we'll have to see if it maintains itself as that. A close above it would be a very bullish sign! In the meantime, watch for the 50% fib to maintain itself as support. While I sold BRVO on Wednesday to cover some substantial losses, I agree with David that this is still an outstanding pick and more financing can only help it produce and sell more product. Good luck to Don and all holders, I still think you have a good one here! :)
Excuse the delay - we lost power for all of today.. this was drafted last evening...so it is now 24hours older!
Gap: good points.
May I comment as follows:
1. backing up to your and Davids earlier posts, if I may:
I ran these comments by RW:
Hello Roy:
let me quote you this, off a discussion group I participate in:
Quotes from: Gap/David
At least in BRVO.OB we know there won't be much more dilution, since the number of authorized shares is 300 million.David,
Any idea of how they will structure the needed financing ?
From the conversation with IR:
BRVO has alot of expenses to consider.
The are responsible for advertising in the CCE deal.
And they are paying alot of money to ramp up the Missouri production facility.
Remember, the CCE money (warrants) are on the side lines indefinitely, so BRVO needs financing to move forward.
Response from BRVO:
Hi, I really cant comment on this but will do so when ever we have updates. I agree with the 300mm reference, that is our authorized maximum now.Thanks. rGW
my comments: I expect/it is likely that the authorized will be increased. Roy is cautious to say the least, this is a good development.
2. re-Quoting from financing IR: The proceeds from the financing will be used for increased production capacity, the launch of marketing campaigns, redemption of 30.3 million
warrants, paying the finder's fee relating to the Coca-Cola Enterprises Inc.
Master Distribution Agreement and general working capital purposes..
my comments: that certainly answers your wish, Gap (so BRVO needs financing to move forward.). It also confirms your opinion that the CCE warrants will stay un-exercised.
3. This leaves us with the same 2 issues which you have addressed:
(i) is it toxic or good? Wish I had hindsight! A holder of stock is relying on Roy and his advisors. So, how competent are they at avoiding those who call themselves arbitragers, but who, in fact are the scum of the earth.
(ii) Revenue projections: the bane of us all! Every prospective buyer has to do his/her own dd. My profession was to to cut through the crap and 'firm up' the numbers.
At this point I am not too interested in forecast sales, nor the extension thereof – stock price as a multiple of sales. What I do forcus on is the fact, as posted before, that management has obtained a distribution deal with the 600 pound gorilla. I will be watching the gorilla. That is all. Don.
My view: Knocking on the bid door, at 635/645. EOM. Don.
Taking the gamble- bought more at .643!! ;D
10k at 635 open.
10k at 645 filled eom. Don.
While I sold BRVO on Wednesday to cover some substantial losses, I agree with David that this is still an outstanding pick and more financing can only help it produce and sell more product. Hey, basonista. Thanks for the good wishes. I agree with David, the small caps will be tough sledding, heading in to this year end and the prospect of a slowdown in interest rates. For me, I believe that one should only sweat the big stuff. I am in US$ and yet I spend Thai Baht. So, the prospect of expectations of lower interest rates should scare the bejasus out of me. It doe not. It is similar to finding a new friend, who is genuine; or finding a mentor in the business world. Look to your heart and your instincts as much as to any doctrines you may come across. We have 100 years of technology and yet, we are made up out of millions of years of evolution. The news is not that you are driven by hopes and fears - it is that everone else is too. I appreciate that you sold BRVO at a gain to pay for some losses. That is a wise move. Converting your capital back into something of intrinsic value - cash. Perhaps now is the time to reestablish your investment criteria/strategy. My strategy is totally unlike the average. I believe that my own skills are only good enough to identify, assess and stay invested in one or two stocks, at a time. As I put it, in an earlier post, BRVO has a 600 pound gorilla in its corner. I will stay focussed totally on BRVO, until that changes. Don.
Trading update: 12.40 eom. Don.
Symbol Bid Ask Last Change Volume
BRVO US U + 0.655 0.66 0.655 -0.04 1,849,526
Don,
As always, great posts. Applaud !!!
Some call me ' Devils Advocate '. After getting burned by pennies this year, I want to present and research all angles.
Financing is what seems to kill the shareholder value in pennies. When the companies become desperate, they give away the farm and sell out to toxic financing. See EYII for an example. Although a company may make it, the shareholders lose as they are used as collateral.
That said, BRVO may be different. They have a product we can drive down the street to purchase. And they are involved with Coke. We all knew that financing was needed. It is just unclear at this time who the investors are. And we will have to speculate on them selling shares.
BRVO is an incredible growth story. The rewards should be achieved even on the low end of estimates.
I still wonder why CCE backed out of 51%. And it bothers me about the 3.25 million versus 4 million.
So 70-100 million for 2006 is what they say. I will now estimate the low end.
The question is: what multiple do we assign to come with a price projection? Any thoughts ?
Based on the TA and fundamentals, I bought at 64 today to hold. We will see.
At this time, BRVO is the only penny that I am willing to buy.
David,
In regards to point #1, at the end, you raise the question, "why would we sell if people much more in the know were buying at .50 . Logically, I totally follow you, but I have a personal experience with two companies, bivn and incx that cause me to be suspicious.
I've tried to shake the specifics from my memory, but incx did a private placement when the stock was at $24 I believe for $18, now it is less than $6, less than a year later. Bivn pp'd at I believe $7.50 recently and is below $6 as we speak.
Neither of these stocks are BRVO, and one could list the ones where the pp price held, and the escalated, however, all private placements are not the result of "belief" in the company in my opinion. Particularly in the case of incx, in hindsight, I don't believe the company that gave them the cash thought for one minute that company was worth that share price.
I am leery becasue I typed the "somebody smarter than me thinks its worth xyz line" a number of times as I held on the way down to 12. I was wrong then, and I will always be suspect of that logic in the future. I do appreciate and agree with your other points.
By the way, take this with the humor it is intended with, but I have seen shirts that say things like, "I paid $300 for the 3sof service and all I got was this lousy t-shirt."
I could not say that at this point, because I have gotten good information, and no t shirt. ;D
Gap - good post earlier by you, as you motivated me to post!
The question is: what multiple do we assign to come with a price projection? Any thoughts ?
I don't have any idea. I could crunch numbers. But last time I did that was DMX and I believe many of us bought in to our own projections;, instead of evaluating and identifying what was crap (former) mgt.
I have set myself 2 objectives.
1. I have a 10% /$1,000 profit plan for my trading stock. Every time I can sell at that, I will do so.
2.I will hold my investment stock for some clear idea (or some wild moves in the stock ahead of same!) of what Q4 is going to look like, for revenues. Sorry if this appears unimaginative! I need, one more time, to be disciplined. Don.
PS: on reflection, let me say no s&m intended! D.
Good morning, I hope you all had a nice weekend :)
Great comments on the BRVO.OB thread, as usual. Let me address three:
Quote from: don on November 25, 2005, 10:31:14 AM
David: appreciate those comments. They are out of date now. Latest trade was at .635
Would you update your technical reading of where we are going, before I buy today? Thanks Don.
Hello Don, as you know I don't comment on intraday activity, just when the market is closed, every trading day. Also you shouldn't trust intraday technical signals, just signals on close.
BRVO.OB closed at $0.66, I know I said the ascending trendline was at $0.67, but this is too close to call, just a very small change at the slope and the stock held the trendline on close.
I'm glad you bought BRVO at an average price of $0.64, I believe you'll do well.
Quote
I still wonder why CCE backed out of 51%. And it bothers me about the 3.25 million versus 4 million.
We'll never know, why not ask CCE for a reason, you're the man who talks a lot with IR ;) Thanks. I think management gave a credible explanation for the $3.25M versus $4M.
QuoteSo 70-100 million for 2006 is what they say. I will now estimate the low end.
The question is: what multiple do we assign to come with a price projection? Any thoughts ?
Maybe that will be revised lower, they will tell us about that in January. Probably we'll need to start thinking about earnings, not revenues, in the future. I would like to hear the company on when they expect to deliver a profitable quarter.
QuoteBased on the TA and fundamentals, I bought at 64 today to hold. We will see.
Good luck :)
QuoteAt this time, BRVO is the only penny that I am willing to buy.
I agree, maybe in a few weeks/months pennies will be hot again. >:D I hope so.
Quote from: oicpecnoc on November 25, 2005, 11:29:42 PM
David,
In regards to point #1, at the end, you raise the question, "why would we sell if people much more in the know were buying at .50 . Logically, I totally follow you, but I have a personal experience with two companies, bivn and incx that cause me to be suspicious.
I've tried to shake the specifics from my memory, but incx did a private placement when the stock was at $24 I believe for $18, now it is less than $6, less than a year later. Bivn pp'd at I believe $7.50 recently and is below $6 as we speak.
Neither of these stocks are BRVO, and one could list the ones where the pp price held, and the escalated, however, all private placements are not the result of "belief" in the company in my opinion. Particularly in the case of incx, in hindsight, I don't believe the company that gave them the cash thought for one minute that company was worth that share price.
I am leery because I typed the "somebody smarter than me thinks its worth xyz line" a number of times as I held on the way down to 12. I was wrong then, and I will always be suspect of that logic in the future. I do appreciate and agree with your other points.
By the way, take this with the humor it is intended with, but I have seen shirts that say things like, "I paid $300 for the 3sof service and all I got was this lousy t-shirt."
I could not say that at this point, because I have gotten good information, and no t shirt. ;D
Great post oicpecnoc :)
Probably I didn't explain myself well, I was writing exclusively about BRVO, a generalization is dangerours. I didn't said, or didn't meant to say, that when there is a private placement at a level the stock probably won't go below that level, not at all. But I think in BRVO that's the case.
What's the difference between BRVO.OB and the stocks you mentioned (INCX and BIVN)? The ability to sell with a profit.
The financing to INCX and BIVN produced an instant profit for the financiers. They lend the money to the company, got shares, sold those shares in the open market and booked a profit.
But, can they do it with BRVO.OB? I don't think so. If the financiers were to unload 40.5M shares in the open market at this moment I think they would collect an average selling price lower than $0.50, which is the price they paid for the shares.
We know this, they know this. So I don't think they are short term traders looking for a quick buck. They can't be. Since they're not short term investors probably they are long term investors and they are that because they believe in the company's fundamentals and prospects, as we do.
Lol about the t-shirt comment, the t-shirt was already sent by regular mail :)
Now we'll do our best so you can never complete that popular sentence 8)
Considering BRVO.OB, I still think Friday's news was positive and the stock will recover today. Whatever happens, I'll continue holding for the long term.
To that guy who posted me privately: Let me reply publicly.
I am convinced that yours and my 'chat' is worthy of publication.
Mainly because - people like variety!
You asked me:
how do you decide how much to put into each of your picks? Have you set a limit on the number of stocks that you own at any one time? Do you have a set loss % before you sell a stock?
Before I answer, understand that I had a bit of an career 'epiphany', at 52. I decided that, using the analytical side of my brain exclusively produced way too much stress (which my personality was addicted to) and was likely to reduce the number of years I was going to live on this planet, and concurrently, screw up my relationship with my wife who was allergic to stress. Since I had found my soul mate, and I liked wine and good food and a very few good friends; I figured out that I did need variety in my life...if I wanted to stay here as long as I wished to enjoy life..
So, I do use my analytical expertise, but in a very limited way; together with a respectable proportion of intuition. .
That said:
1. how do you decide how much to put into each of your picks?
I never put more than 20% of our total net worth in the stock market. My wife refers to it as 'gambling' and....what can I answer to that? I have 10% in cash, 10% in very liquid interest bearing (non equity) investments and the balance of 70% is in property: being our home, our rental properties and our speculative land buys. We have lived in our home for 20 years at a time (we are Euro trash) - so that tends to reflect a lifestyle choice, rather than an investment philosophy. Really, why would you ...no, I am not going to go there...
2. For an individual stock, I never say 'never'. Yes, I would like to say I practice discipline. But, I do not. If I like a company's prospects,, it can take 50% of my investing dollars. (I do hedge a bit by buying in different currencies). I made a ton of money on BIDCOM and lost a ton on DMX.
3. If I feel sick about my investment -, and if I think that daily volume is indicative of something negative, I may sell, regardless of profit or loss %'s. 2 recent examples would be:
(i) CMMN - I like the company; it has revenue, growth; great somewhat unique products, no debt; and profitable, marginally - and, I have made some money trading it between 90 and 1.10.
But, very recently, I got out at 105 because they posted sequential decreases in revenues for 2005 YTD quarterlies.
I may buy it back, on weakness, because I suspect that they will post good numbers, for Q4 (Christmas); or, just as importantly, the market will perceive that they will do so.
(ii) DMX/NUVO: I lost a lot on this one (prior mgt.- think dead parrots) . Bgt. at what I thought was the low at .25. It dropped to 12, on low volume. On the way down, I got out at 16. Now at 19.If it happens, one news release will 'punt' this one to a 5+ bagger. My plan is to put some BRVO trading profits in to it. No real logic to that. Don.
mis-keyed: that should be CMNN, which popped yesterday. Don.
I still wonder why CCE backed out of 51%. And it bothers me about the 3.25 million versus 4 million.
We'll never know, why not ask CCE for a reason, you're the man who talks a lot with IR Thanks. I think management gave a credible explanation for the $3.25M versus $4M.
--------------------------------------------------------------------------------------------------------------------
David, I will do the dd and get back with you on this one. Love the challenge. ;) -Jeff-
It may take awhile, but I will reply when information is gathered.
Quote from: fill_the_gap on November 29, 2005, 01:05:23 AM
I still wonder why CCE backed out of 51%. And it bothers me about the 3.25 million versus 4 million.
We'll never know, why not ask CCE for a reason, you're the man who talks a lot with IR Thanks. I think management gave a credible explanation for the $3.25M versus $4M.
--------------------------------------------------------------------------------------------------------------------
David, I will do the dd and get back with you on this one. Love the challenge. ;) -Jeff-
It may take awhile, but I will reply when information is gathered.
Thanks fill_the_gap :)
Thanks a lot for sharing some of your experiences in the stock market Don, I loved it :-* I also plan to live 20 years plus at my current house, after changing 7 times since my son was born (and he's only 2 years old now).
Your asset allocation strategy is pretty conservative, as it should be for a fella of your age. I knew a man, who was already in his 50's, that put all his money and credit money in the stock market. Worse, he gambled on warrants. The result was that less than a year after he lost it all, about $300,000. The good thing is that he held is job, and it is a pretty good job :)
Keep up Don, you're doing very well, I would be realized if I got to 60 and had done as much as you did.
Unfortunately BRVO couldn't hold the ascending trendline. It seems people really don't like private financing below the market price, even if like in BRVO's case it isn't for a quick profit.
Technically the stock now is standing at the 50% Fibonacci retracement level. It would be nice for it to hold current levels, if not the latest bull run couldn't produce a valid technical background for a meaningful advance.
I'll continue holding for the long term, based on fundamentals.
David,
Below is a copied post about what Roy said about not controlling BRVO.
I am not sure of how CCE is set up with other companies it distributes.
Roy explained at the N.Y.C. meeting
that Coke (KO) which owns about 35% of CCE had a problem with CCE controlling one of the brands it distributes. Coke thought that that would be a conflict, given that CCE wouldn't control other brands that it distributes. This seems completely plausible.
Who knows for sure. I am buying the growth story for now. ;D
Quote from: fill_the_gap on November 29, 2005, 07:57:27 PM
David,
Below is a copied post about what Roy said about not controlling BRVO.
I am not sure of how CCE is set up with other companies it distributes.
Roy explained at the N.Y.C. meeting
that Coke (KO) which owns about 35% of CCE had a problem with CCE controlling one of the brands it distributes. Coke thought that that would be a conflict, given that CCE wouldn't control other brands that it distributes. This seems completely plausible.
Who knows for sure. I am buying the growth story for now. ;D
We hope that's the truth fill_the_gap, we have no reason to believe it isn't at this point. It seems plausible, as you say.
The company filed an 8-K yesterday, saying this:
«On November 28, 2005, the Company closed a funding transaction with
thirteen accredited institutional investors, for the issuance and sale of
40,500,000 shares of the Company's common stock to the Subscribers for
$20,250,000. The Company also issued five year warrants for the purchase of
an additional 15,187,500 shares of common stock at an exercise price of $0.80
per share. The securities are restricted and have been issued pursuant to an
exemption to the registration requirements of Section 5 of the Securities Act
of 1933 for "transactions of the issuer not involving any public offering"
provided in Section 4(2) of the Act and pursuant to a Regulation D offering.
The securities carry registration rights that obligate the Company to file a
registration statement within 45 days and have the registration statement
declared effective within120 days from closing.
The net proceeds to the Company after the payment of transaction
expenses will be approximately $18.9 million.
Approximately $5.8 million of
the net proceeds will used by the Company to redeem warrants for the purchase
of approximately 30.3 million shares of the Company's common stock, issued by
the Company in connection with prior financing transactions. In addition, the
Company will use the net proceeds from the financing for increased production
capacity, the launch of marketing campaigns, paying the finder's fee relating
to the Coca-Cola Enterprises Master Distribution Agreement and general
working capital purposes.»
This means they will buy back warrants previously issued representing 30.3 million shares of the company. This is like a stock buyback from the company, which is good news.
But, unfortunately, BRVO.OB is suffering like most OTCBB stocks at this point. Technically we have a support at $0.62, if that goes, the technical picture turns bearish again for BRVO.OB.
But I will continue holding for the long term, based on fundamentals, the upside potential is certainly worth the risk. I just need patience for the revenues and profit numbers to start coming in.
David,
You posted the news from the 8-K that I was about to post, but you did not analyze what it really means!!! This news is fantastic!!!!!!!!!!!!! BRVO issued and sold 40,500,000 shares for
$20,250,000. Net proceeds of $18.9 million. BRVO plans to use $5.8 million to redeem warrants for approximately 30.3 million shares. Do the math. The increase in shares is 10,300,000 shares for which BRVO receives net $13.1 million (18.9 - 5.8) or about a $1.30 per share. It is well above the market price, and provides the needed capital for putting product on the shelf. This news is fantastic!!! ;D (The private investors also see the potential given the exercise price of the contingent garbage for the future). The window of opportunity for BRVO is NOW given CCE and I am happy to see BRVO go so quickly to the market to get funds to ramp up production - I only wish that it had happened sooner so that production ramp-up was further along! Why that did not occur is the real question to me given the projections of the company. ???
Dave
Quote from: bigdogs99999 on November 30, 2005, 03:00:07 PM
David,
You posted the news from the 8-K that I was about to post, but you did not analyze what it really means!!! This news is fantastic!!!!!!!!!!!!! BRVO issued and sold 40,500,000 shares for
$20,250,000. Net proceeds of $18.9 million. BRVO plans to use $5.8 million to redeem warrants for approximately 30.3 million shares. Do the math. The increase in shares is 10,300,000 shares for which BRVO receives net $13.1 million (18.9 - 5.8) or about a $1.30 per share. It is well above the market price, and provides the needed capital for putting product on the shelf. This news is fantastic!!! ;D (The private investors also see the potential given the exercise price of the contingent garbage for the future). The window of opportunity for BRVO is NOW given CCE and I am happy to see BRVO go so quickly to the market to get funds to ramp up production - I only wish that it had happened sooner so that production ramp-up was further along! Why that did not occur is the real question to me given the projections of the company. ???
Dave
Hi bigdogs99999,
I don't think your math is right.
I am not familiar with stock warrants, but it seems to me that $5.8 million is paid by company to compensate difference between execisable price at $0.80 of those warranted stocks and current market, which is:
30.3 millions shares x (0.80 execisable price - 0.61 market price ) = $ 5.76 million.
Please correct me.
Hi - re the warrants buy-back: let me throw my hat in the ring!
Huayilu, at first glance, I believe that your thinking/logic is inverted.
I have to go out now, but I will rework your calculation method and post my final opinion. Don.
Thanks for your posts, let's see :)
BRVO sold 40,500,000 shares for $20,250,000, price was $0.50 a share. Net proceeds of this deal were $18,900,000. The company will use $5,800,000 to redeem warrants (buy back warrants) that represent 30,300,000 shares of the company - so price for these warrants was approximately $0.19.
Considering bigdoggs99999 math, which I think is accurate, the company will sell 40,500,000 (shares sold) - 30,300,000 (shares bought back) = 10,200,000 on balance.
It will receive $18,900,000 for the shares sold, and will pay $5,800,000 for the shares bought. So it will receive $18,900,000 - $5,800,000 = $13,100,000 for 10,200,000 shares, which is about $1.28 per share.
This deal seems to be so great, that is very odd why the stock has been down so much since it was announced. There may be 3 motives for this:
1) Why did someone sell warrants to buy 30,300,000 shares for just $5,800,000? That's just $0.19 a share. But, remember, warrants are rights to buy a stock at a given price, so the investors which held the warrants would have to pay more than $0.19 to buy the actual shares. The company bought the warrants at $0.19, but this way it won't sell any shares to these people, and possibly that money was already in the balance sheet, I don't know.
And now I'm starting to think, CCE had 30 million warrants to buy BRVO's shares at price $0.36. Are these 30 million warrants CCE's warrants? ??? Maybe fill_the_gap's explanation (or, Roy Warren explanation got by fill_the_gap, thanks a lot :)) to why CCE didn't take control of BRVO, that was that COKE didn't like CCE to have the majority control of a brand it distributes, will have further ramifications and CCE will be forced, by COKE and ethical reasons, to let go of any participation in BRVO.
If this were the case BRVO is paying $5.8M for something it sold for nothing in dollar terms, just the MDA agreement with CCE.
Speculation that CCE may be the seller of the 30 million warrants may be pushing BRVO's shares down ... it would be great if management clarifies who is the seller of the warrants.
2) Traders and investors just runaway when they get the «private placement red flag», and they don't look into details.
3) Generally OTCBB stocks are out of favor at this particular moment.
We have some questions now to some particular deals, but nothing in this changes my strategic long term view that BRVO will grow a lot in the coming years and the share price will reflect that.
I'll continue holding BRVO for the long term, though technically the stock is quite bearish now. Congrats to those 3 SOF Members who sold high :)
David:
BRVO sold 40,500,000 shares for $20,250,000, price was $0.50 a share. Net proceeds of this deal were $18,900,000. The company will use $5,800,000 to redeem warrants (buy back warrants) that represent 30,300,000 shares of the company - so price for these warrants was approximately $0.19.
I think your facts are correct - but your conclusions are only partially so. As I interpret it, BRVO is saying that it will pay 19 cents per share in cash to acquire each warrant. We do not know:
(i) how many shares a warrant entitled to buy;
(ii) what is the exercise price.
I do think that it is most probably a good deal; since one way or the other, we will see the fully diluted number of shares go down by 30.3 million, as a consequence of the issue of 40.5 million shares. The net increase is as you have computed. Unfortunately, until this stock is followed by analysts, the cleverness of the deal is not going to impact on the market's preception of what the shares are worth. The market sees only one tangible thing - the issue of shares at 50 cents. Hence, I believe that 60 is the floor. This is my version of a fundamental. 50 X 120% =60. At this time, I do not place much importance on the TA. It is a coincidence that they are almost the same. all imho! Don.
David and Don,
My previous post is totally wrong as I don't understand warrants. I read some articles today and found below statement from http://www.hashemian.com/financial-markets/stock-warrants-183.htm.
"warrants normally carry a long term limit before they expire (such as five or more years) and when exercised, new common shares are issued by the company to cover the transaction"
It seems that the Company has not issued outstanding common stocks for these warrants yet, but to buy back warrants. It costs company $0.19 to redeem each warrants. So this action won't reduce the oudstanding common stcoks.
Quote from: David Randolph on December 01, 2005, 06:44:35 AM
And now I'm starting to think, CCE had 30 million warrants to buy BRVO's shares at price $0.36. Are these 30 million warrants CCE's warrants? ??? Maybe fill_the_gap's explanation (or, Roy Warren explanation got by fill_the_gap, thanks a lot :)) to why CCE didn't take control of BRVO, that was that COKE didn't like CCE to have the majority control of a brand it distributes, will have further ramifications and CCE will be forced, by COKE and ethical reasons, to let go of any participation in BRVO.
I also thought about the CCE warrants - odd coincidence if it is not those. Plus CCE is having some serious upheavals that makes fill-the-gaps idea a good one.
BRVO also has been issuing quite a number of convertible debentures that include warrants at very low prices (e.g., in January 2005 BRVO issued five-year warrants for the purchase of 9,200,000 shares at $0.16; May 2005, five-year warrants for purchase of 4,000,000 shares at $0.129). Cleaning up any of these - especially since the convertible debentures give even more rights for more shares on the cheap - is a good practice. BRVO is using its higher stock price to effectively increase the amount of money it raised, on a long term basis, back when its stock price was much lower.
Coca-Cola Enterprises CEO Leaving
http://www.thestreet.com/_mktwrm/stocks/food/10255267.html?cm_ven=CBSM&cm_cat=FREE&cm_ite=NA
The 30.3 million shares/warrants buy-back:
may I paste together the various posts and - based on what I can determine (with Roy Warren's assistance, which is limited by confidentiality issues)- summarize the story so far, as:
somewhere in past EDGAR filings, you will find that Bravo issued convertible shares/debt or warrants which, at current market prices, are "in the money". Put in plain english, the holders of those warrants or debt have the right to convert at a price per share which is below current market prices.
Bravo has announced its intention to pay a premium ($5.8 million) to some of these holders, in order for them to surrender their warrants/debt for cancellation by the company. This premium of $5.8 million most probably, would be close to the book gains of the warrant holders (I could be wrong). Let's assume that there are warrants to buy 30.3 million shares at 42. Those holders could exercise their right and require Bravo to issue new shares out of treasury for 42cents each. Bravo would get either (i) cash of 30.3mill x42cents =$12.726million or (ii) extinguish convertible debt or convertible preference shares which are presently on its balance sheet. By that I mean that before the exercise/conversion, there would have been $12.726 million of debt or preference shares issued, and after the exercise/conversion there would be an extra 30.3 million common shares issued with an attributed total issue price of $12.726million.
Now this is the key aspect of the deal. Altho' those warrants do not appear on the balance sheet, they 'count' when proforma or fully diluted earnings per share are calculated, thereby driving down the earnings per share calculation. Also, when anyone competent is examining the company's capital structure, they will add these potential 30.3 million shares to arrive at the 'total' share count.
After this deal is done - Bravo will have used the proceeds from issuing 11.6million shares (11.6million shares issued @50cents each to provide the 5.8million cash needed for the buy-back) to buy back the obligation it has to issue 30.3 million new shares. Conclusions:
1. Until you know the exercise price of the warrants to be bought back, you cannot calculate the supposed dollar value 'gain' arising out of the deal.
2. You can figure that the dilutive factor of warrants issued will be reduced by an effective 18.7million shares (it took 11.6 million shares to remove 30.3 million shares reserved for issue.
3. Suffice it to say, as the majority on this board agree - this is intelligent deal-making by Roy Warren (and, possibly, his new CFO). Don.
Investor Common Shares Warrant Shares Purchase Price
---------------------------------- ------------- -------------- --------------
Lombard Odier Darier Hentsch & Cie 12,000,000 4,500,000 $ 6,000,000
Magnetar Capital Master Fund, Ltd. 10,000,000 3,750,000 $ 5,000,000
Kings Road Investments Ltd. 5,500,000 2,062,500 $ 2,750,000
Radcliffe SPC, Ltd. 5,500,000 2,062,500 $ 2,750,000
Lagunitas Partners LP 1,256,316 471,119 $ 628,158
Gruber & McBaine International 343,684 128,881 $ 171,842
Jon D and Linda W Gruber Trust 400,000 150,000 $ 200,000
JMG Triton Offshore Fund, Ltd. 800,000 300,000 $ 400,000
JMG Capital Partners, LP 800,000 300,000 $ 400,000
Capital Ventures International 1,200,000 450,000 $ 600,000
UBS O'Connor LLC PIPES Corporate
Strategies Master Limited 1,200,000 450,000 $ 600,000
Whalehaven Capital Fund Limited 1,000,000 375,000 $ 500,000
Alpha Capital 500,000 187,500 $ 250,000
---------- ---------- -----------
TOTAL 40,500,000 15,187,500 $20,250,000
Good morning :)
I sent an e-mail to Roy Warren asking him if he could clarify if the warrants to be redeem are CCE's or not. Personally the answer to this won't change my long term view of the company a bit, but I would like to know.
I think investors are thinking «show me the money» on BRVO. They've seen so many OTCBB companies lie and deceive that they want a proof.
And I think it is time to start thinking about profits, not just revenues ... after I get this answer from Roy I'll ask him when he expects to deliver a profitable quarter.
Quote from: huayilu on December 01, 2005, 12:04:36 PM
David and Don,
My previous post is totally wrong as I don't understand warrants. I read some articles today and found below statement from http://www.hashemian.com/financial-markets/stock-warrants-183.htm.
"warrants normally carry a long term limit before they expire (such as five or more years) and when exercised, new common shares are issued by the company to cover the transaction"
It seems that the Company has not issued outstanding common stocks for these warrants yet, but to buy back warrants. It costs company $0.19 to redeem each warrants. So this action won't reduce the outstanding common stocks.
Hello huayilu, thanks for your post :) You did well, looking for information about warrants.
Yes, this action won't reduce outstanding shares, but it will reduce the number of shares on a fully diluted basis, and like don says, that's what counts for the calculation of the EPS and market cap.
The step BRVO took, to redeem some warrants, tells me the company is in much better financial shape than in the past. It's like they are buying back shares. If they can grow as they wish and don't ask us, shareholders, to increase the number of authorized shares from 300 million, I would be glad. If they could redeem more warrants and finance themselves through their sales and profits, that would be heaven on earth, but I don't ask for that much.
Since I don't have a technical plan for BRVO.OB, let me introduce a fundamental one. For me to keep on holding BRVO.OB for the long term I need three things:
1) The company doesn't ask shareholders to increase the number of authorized shares;
2) Sequential quarter on quarter revenue growth of at least 10%;
3) The expectation of a profitable year in 2007.
For now, I'll continue holding for the long term.
David: I sent an e-mail to Roy Warren asking him if he could clarify if the warrants to be redeem are CCE's or not.
Excuse me, I had this info and did not have time to post it today. The answer from Roy is 'no'.
quote:
Q. Roy, if I may add to the email question below: is CCE the warrant holder which BRAVO is buying back from? Thanks Don
A. the source was not disclosed (in the NR, so he cannot disclose it to me) but I am sure CCE would gladly tell you they were not a seller. We purchased them from other previous investors. Thanks. rGW
My second email to Roy asked for further clarification, as follows:
Q. My thought is, Bravo will seek to buy warrants which are exercisable at below the current market price.
Consequently, this is my interpretation:
Assume 1 warrant buys 1 share.
30.3 shares = 30.3 million warrants.
Re-purchase or buyback price is $5.8 million.
that computes to 19 cents a warrant.
If I assume a market price is 61 cents, then that would imply that the exercise price was 61 minus 19 = 42cents a share.
Would you enlighten us? As, one-half of us thinks this is a great deal and the other half does not know how to interpret it.
Thanks, Don,
A. The buy back of the warrants was a negotiated price. We looked at the value of the warrants and negotiated a discount that gave the seller cash without having to exercise and gave us the opportunity to redeem the warrants thereby reducing the dilution. Thanks. RGW
followup Q. Roy, thank you for the information - which does not help me greatly.
Let me be more specific: what is the exercise price for these warrants?
Thanks, Don.
A. I am sorry. I cant give you non-public information. That number has not been disclosed. You can look at the previous filings and see that for us to buy that many a majority were in the money. When the actual number is disclosed, I will gladly point you to the document. Thanks. rGW
Final note - look at the part of Roys answer which I have underlined. I don't want to put words in his mouth. But, he appears to be saying that they negotiated a discount, as compared to the amount that was in the money. If so, that would be an extra 'plus' to the deal. Don.
Great information don, thanks a lot, let me add 5 points to your rating :D
So, CCE is not the seller, which is good news. The company is buying back warrants issued at a low price, therefore reducing dilution, which is awesome news.
Why is the stock down? Probably because of these 2 temporary effects:
Quote2) Traders and investors just runaway when they get the «private placement red flag», and they don't look into details.
3) Generally OTCBB stocks are out of favor at this particular moment.
Again, thanks for the great info don, I'll continue holding for the long term.
Great info Don and David - applause to you both!
On reflection, we should have seen some dilution/financing coming. The agreement with CCE calls for production capacity of 2,500,000 units per month until April 2006 when the capacity requirement increases to 7,500,000 units per month.
If y'all don't mind, I am going to post all correspondence I have with Roy Warren, as soon as I can - .in the interests of minimizing the duplication of questions to him. OK?
latest:
Q. Subject: Re: TIMING OF REVENUE REPORTING
Dear Roy:
can you advise, is there a set pattern for reporting revenues or units shipped?
In other words, can we expect monthly revenues/shipments of cases to be disclosed?
You did this occasionally, in the past. Naturally, we are all ears about how revenue growth is progressing. Will Bravo disclose, monthly, by News Release?
A. HI, we do not plan to report monthly at this point. When we have given monthly information it has been when we were reporting a quarter and had detail on the current month to share as an update. We will let you know if that changes but I doubt we will begin to announce results monthly. Thanks. rGW
Thanks for your post and info :)
Maybe I didn't send my e-mail to the right address, because I didn't got any answer from Roy. What's the e-mail you've been using Don? Thanks.
Perhaps now investors are looking into the details of the last 8-K filing from BRVO, which was quite positive in my opinion. The stock rebounded but volume was low.
I would like to know when BRVO's management is looking for a profitable quarter and year, but probably I should wait for the guidance they've promised in January.
I'll continue holding for the long term.
Maybe I didn't send my e-mail to the right address, because I didn't got any answer from Roy. What's the e-mail you've been using Don? Thanks.David: I used <Roy Warren <
[email protected]>>.
BUt only when I have specific questions for him, rather than IR, which is Jamie Dryer at:
<jamiedryer <
[email protected]>.
Good question to ask -
which fiscal quarter will provide positive cash flows from operations/free cash flows. Don.
This is a copy of some private correspondence I had in the past day or so. . Since it summarizes my thoughts, as of today, I thought I would share. Excuse the verbosity! Don.
What are your thoughts on the financing deal ?
I like it, in particular because (i) it puts more stock into hands which are stronger than previously. By previously, I mean the debt which was convertible at 12-16 cents. That stuff, you just know they are going to blow it out the door, at current prices;
(ii) we got a double expresso deal here; not only did we get funds in to the company to finance expanded bottling/packaging capacity, but some of the funds were used to mop up some of those 'cheap' shares. As a consequence, I believe that we will see less sell-off's. Interestingly, as a part time trader, that does not suit me!
Will the shares be sold to market like before Nobody, not even Roy knows how these investors will act. Roy maintains that he sought out 'quality' investors. I do think that this type of investor will not sell for a 20% profit. I think they would be buying for a multi-bagger. If I am correct, that means, once again that this 20million shares are in strong hands. Even a 3 bagger, for a buyer at 50cents - that could mean you will not see any selling by these new investors, until the stock hits 1.50, at least.
Do you have a full position or looking to add at a lower price
I sold off some other stocks, so that I would have some cash available to buy more Bravo - then I chickened out. At 60cents, I was looking at most of my earlier cash profits being eaten up and technically, the stock looked weak. At 70 my long term holding is almost in the money and my trading position is, of course, in the money. I would probably buy more, on a short term basis, regardless of what price, just prior to the announcement of the next quarter's results. At that time, based on my interpretation of remarks by Roy, I anticipate that the company will disclose additional information about current month shipments, which will look extremely good, by comparison with any prior months shipped volume. That would be a time when the stock will start getting noticed.
Summary: I am scared to add at lower prices. I will only add, at any price, it does not matter, so long as it is close to the release of news....that is - so that I can sell on news.
What is your short (end of year) mid 6 months-1 year) and long term guesstimate for BRVO
You know, I don't think picking a date, like Dec 31, is relevant to where the stock price will be at. At best, I am guessing - because I do not have margin percentages for the new regime (sales to CCE). When I do obtain the next quarterly revenues and gross margins, I will do an extrapolation to forecast earnings - and develope a valuation based on earnings fundamentals. I am not a great believer in applying another company's stock price as % of sales per share, to develope stock value estimates. It is just too early in the game. I mean, one has to accept that the deal with CCE could fizzle out - it is a possibility.
To try to answer, using my parameters:
I will present it this way: stage and stock price should be at
Lets say we are at Stage 3 ( Bravo has product, product development, a marketing plan and is ramping up production and sales).
Stage 4: (Bravo has a huge increase, e.g. in sequential monthly and quarterly volume shipped - something like 80-90% of its bottling capacity (has anyone done this yet?). $1.40
Stage 5: (Bravo has $1million positive cash flow (PCF) from operations. My definition of PCF excludes money spent on expanding plant capacity (which is a capital cash item anyway) and money spent on marketing (we are building brand recognition). $5
Stage 6 Bravo has earnings per share. To get a stock price, use a PE of 8.
I think that it would be misleading to try to figure out eps, at this time, not until I see the next quarter.
Stage 7: Once we see 4 sequential profitable quarters - then I would anticipate the market to value the company at a
PEG of .75
Stage 8: Once we see 2 sequential profitable years - then I would anticipate the market to value the company at a
PEG of 1.50 which means that the stock price will double from stage 7.
I regret if this is not as helpful as you might want it to be. But, I asked myself an interesting question before I wrote this post: am I at a point where I will recommend this stock to my friends? Answer; no - the price is too volatile, the risks too great. So, if we are not yet at the point in time where I will recommend the stock to my friends, who are totally risk adverse, then I will not recommend that you add at this stage. Not unless you are prepared to risk more of your capital. Don.
Wow Don. Awesome analysis. Applause! I'm in long since mid July, so I'm currently down around 40%. But I'm hopeful that patience will pay off with BRVO.
Thanks for your fundamental thoughts don, applause :)
Monday BRVO rose 10%, today it went down 5%. Will it go up or down tomorrow? I don't think it matters all that much for us long term investors in the stock.
I think a perfect role model for BRVO might be HANS, which is also in the beverage business (a little different, but quite the same business model and growth prospects at the start, I believe). HANS rose 28 fold over the last 2 years :o, but the company has been around since 1985 !
The all time low for HANS was $0.32, made in March 1996. From there to today's close the stock rose 262 fold 8)
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=11029;image)
Am I willing to hold a stock for 9 long years? For this kind of return, you bet I am !
But, will BRVO be able to achieve this, somewhere in the future?
I don't know, I think the possibility is certainly there, for BRVO to reach a market cap as high as HANS, which is $1.86B. But, from current levels that's something like a 10 to 15 fold increase, not 262 fold ...
But, if we consider that the all time low for BRVO.OB was $0.045, if the stock were to rise 15 fold from current levels (the stock price would be $10 then), that would mean a 222 fold increase from the low set in December 2003.
Don's thinking in terms of stages for the company is an excellent idea, I may add that we can use HANS to compare stages and stock prices. What was needed for HANS to rise from $0.32 to $84? Which were the right steps? Did the company become profitable before the big rise? Was it an OTCBB company like BRVO.OB is now?
I'll spend the next few updates trying to answer these questions, comparing BRVO.OB and HANS. Any help would be welcome :)
As David proposed, we might try to compare Hans and Bravo. I looked at Hans' first available Sec-filling and compared sales with the last quarter of Bravo.
Here's my modest contribution:
Bravo latest quarter gave revenues of $3.2M.
2005 2004
---- ----
Revenue - unit sales $ 3,245,305 $ 747,198
Revenue - gross kit sales - 78,232
------------ ------------
Total revenue 3,245,305 825,430
Cost of sales (2,360,884) (628,747)
------------ ------------
Gross margin 884,421 196,683
Selling expenses 1,727,531 652,622
Product development 84,690 33,932
General and administrative expense 905,487 551,299
------------ ------------
Loss from operations (1,833,287) (1,041,170)
In the first available sec filling (march 1996), Hans had net sales of $7.3M (1995: $5.4M)
1996 1995
---------- ----------
NET SALES $7,370,581 $5,433,697
COST OF SALES 4,607,953 3,256,761
---------- ----------
GROSS PROFIT 2,762,628 2,176,936
OPERATING EXPENSES:
Selling, general and administrative 2,489,904 2,290,591
Amortization of trademark license
and trademarks 125,424 124,158
Other expenses 74,291 126,374
---------- ----------
Total operating expenses 2,689,619 2,541,123
Link Bravo filling (nov 2005): http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000910647%2D05%2D000303%2Etxt&FilePath=%5C2005%5C11%5C14%5C&CoName=BRAVO+FOODS+INTERNATIONAL+CORP&FormType=10QSB&RcvdDate=11%2F14%2F2005&pdf=
Link Hans filling (may 1996): http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000912057%2D96%2D009059%2Etxt&FilePath=%5C1996%5C05%5C10%5C00%5C&CoName=HANSEN+NATURAL+CORP&FormType=10%2DQ&RcvdDate=5%2F10%2F1996&pdf=
Thanks for this start Fré :)
We see that revenues, although lower at BRVO, are growing much faster than HANS in 1996.
For the 9 months ended in September 2005, HANS sales were $250M. BRVO.OB sales were $6.56M, but BRVO expects sales in the range of $70M to $100M in 2006 and $170M for 2007.
One interesting thing we can think about is: if sales for HANS and BRVO one day are equal, will the market cap be the roughly the same?
BRVO needs to continue growing extremely fast, so it can pay its debts and possibly buy back some more of those low priced warrants. The company's expectations for the 4th quarter are of revenues of $6 to $7M, that is as much as in the rest of 2005. I hope they can deliver and they can start reducing their losses from operations.
I continue to believe in BRVO.OB's growth story, I'll keep on holding for the long term.
Some very good Bravo info.
Catalyst Research (pdf)
http://www.catalystresearch.com/research.htm
From the pdf 10-21-05
Risks and Mitigations
Risk: Consumers may not adopt and embrace BRVO's flavored milk drinks.
Mitigation: BRVO products appear to gain market acceptance as evidenced by increasing revenues. In
addition, its Slammers ® milk drinks were featured in the September issue of Progressive
Grocer magazine as an "Editors Pick" for one of the best new dairy products of the year.
Management is utilizing a number of recognized brands to market their products.
Risk: Entry of a large competitor breaking through barriers to entry.
Mitigation: BRVO is implementing a "first to market" strategy working to erect branding, expertise in
packaging and production, and distribution as barriers to entry.
Risk: The CCE distribution agreement may be cancelled after two years resulting in disruption of
increasing revenue trends and stunting growth.
Mitigation: Should the CCE agreement be cancelled, BRVO may have to achieve substantial market
presence sufficient to remain viable. BRVO may provide a growth opportunity for CCE which
it may not be willing to jeopardize.
Risk: Production is dependent on an agreement with a limited number of production lines and a
limited number of suppliers such as Jasper Products.
Mitigation: BRVO represents a revenue opportunity for Jasper Products.
Risk: BRVO's financial statement will come under increasing pressure should growth accelerate,
increasing demand for working capital, and possibly the need to seek additional equity and debt.
Mitigation: Rapid sales growth and partnering with CCE for distribution increases bankability and ability to
obtain additional financing.
Risk: High rates of revenue growth coupled with difficulties securing debt may result in dilution from
additional equity financing.
Mitigation: Management continues to "clean up" the balance sheet and is cognizant of both investor
attitudes toward dilution and large numbers of shares outstanding relative to financial results.
Risk: Achieving success by increasing revenues may increase operating risk for execution of BRVO's
business plan preventing it from exploiting its market opportunity.
Mitigation: BRVO has partnered with established milk producers and beverage distributors. In addition, the
current opportunity and ongoing success represents an attractive opportunity for employment
for adding to the BRVO's staff and executive team.
applaud! Good digging. Nothing new, technically nor in fundamentals. But a nice 'window' to look at how management is planning to control the risks of expansion. Overexpansion has killed many a company. I like what I am reading here; clear, concise plans, no bs (with buzz words like paradigms and the hyperbole of the pump and dump brigade)... Don.
Today I don't have much time to do these updates, so I welcome very much the research boatguy posted :) (applaud)
I'll continue holding BRVO.OB for the long term.
I read some of research piece boatguy left and was very pleased to see that BRVO.OB expects to deliver a profit in 2006, and that it expects the 4 quarters of 2006 to be profitable.
This is a big relief for me, since until now I only saw revenue projections and no profits talk.
The comparison with HANS leaves me a bit worried, it looks like BRVO in 2006 will be like HANS in 1999, and it still took 6 years for HANS to really take off. But the revenue growth at BRVO is much faster than the one HANS experienced, so hopefully we won't have to wait that long.
In the past I said:
QuoteFor me to keep on holding BRVO.OB for the long term I need three things:
1) The company doesn't ask shareholders to increase the number of authorized shares;
2) Sequential quarter on quarter revenue growth of at least 10%;
3) The expectation of a profitable year in 2007.
It looks like the expectation for a profitable year came from 2007 to 2006. I welcome that :)
I'm patiently waiting for the 4th quarter results and the guidance the company promised for January. I'll continue holding BRVO.OB for the long term.
Reading some more of the research report from Catalyst Research, we get this revenue projection for 2006:
«For 2006, they forecast domestic revenues of $50 to $55 million, and total revenues of $70 to $100 million which includes international sales and new products.»
International sales will be key. On the last conference call Roy said he would have the new CFO of the company update guidance for 2006, and if they move internationally or not in 2006 is still under study and discussion within management.
BRVO is a fantastic growth story, but growth takes time. I have the time and patience to wait for 16 bags, even if it takes several years. Now I know the company well enough to know if everything is on track to meet this goal. At this point it is, so I'll continue holding BRVO.OB for the long term.
I wish I had one of these for breakfast now:
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=11675;image)
I love this Breakfast Blenders product:
«New product line addresses "breakfast-on-the-go" market segment:
BRVO plans to provide additional "good for you products" with its latest Bravo! Breakfast Blenders™ product line. These were developed in collaboration with 7-Eleven, Inc. (NYSE: SE) and are to be introduced exclusively at 7-Eleven® stores nationwide. The products are designed to provide nutritional benefits for consumers who skip breakfast. They boast the nutritional claims of being lactose free, low in sugar and having 50% more protein. Varieties include Bravo! Breakfast Blenders™ Chocolate Raspberry fortified with antioxidants naturally found in raspberries and chocolate, Vanilla Peach Blenders™ containing fiber naturally found
in peaches, and Double French Vanilla and Double Chocolate varieties both rich in calcium.»
Nothing changed from a technical or fundamental perspective yesterday, here's the updated chart:
Investors seem to be waiting for the guidance the company promised for January or the next quarterly earnings release.
If BRVO delivers 6 to $7M in revenues for the 4th quarter we'll read:
«Revenues were as expected».
But potential buyers will read:
«Sequential revenue growth of 91%». If we consider the year ago levels, where BRVO got $639,000 in revenues for the quarter, they will read: «Revenues increased ten fold» :o
That will boost the share price without a doubt.
I'll continue holding BRVO.OB for the long term.
David is correct in the correlation of pennies with the general market. The market has been on a run and pennies become temporarily out of favor.
This presents an opportunity for the patient.
I added to BRVO this week making it the largest holding in the portfolio.
Buying ahead of forecast is the plan. Any forecast is going to be a double digit increase quarter on quarter.
Willing to hold for the long term. BRVO moves quickly towards 72 and 80 when a call is coming. Maybe it will move up before the January guidance call.
We will see. At the minimum it has unlimited potential with CCE and a Real Product.
-Jeff-
Gap, this is also one of my largest stocks by far. I am putting alot of faith and have committed in my head that I will go long (3 years if need be) for this stock. I am willing and have for that matter bet that no matter what, this stock will see at least .80 again. And of course still hoping to see this at 5 +.
I am just hoping all these small loses im encountering are just a small blip on my lifes timeline, and that this stock helps counter all of the past mistakes and poor judgment. Sometimes its just safe to long. LONGER IS BETTER
Agreed,
We all have learned many lessons as members of this forum.
Personally, I have traded too often. Commissions and rolling the dice for a quick pop has hurt. In 2006, I will hold longer on the companies that the range, history and information are known. Of course, nothing is ever for sure.
One thing is for sure. Every time BRVO goes towards 80 I kick myself.
The last time I made a promise to myself that I would buy more than the normal % and hold it if the lower 60's came again. Here it is. It runs towards 80 on news of a call. We already know this. And selling volume has dried up.
And I feel comfortable with the hours of research David, Frederick and others have placed into BRVO.
Following a stock long term allows comfort to know the ranges and projections. This eliminates panic selling and compulsive buying. The next filing should show some significant growth.
I called BRVO today and asked alot of questions. Roy is going to get back with me on some answers and I will post them here.
They were confident in the fact that BRVO now has better exposure with CCE. For instance, shelf space and location has improved dramatically. Now eye level above Hersheys in the milk section here.
Most pennies are not long term holds. BRVO is the exception, imho.
I read in a dutch wallstreet mailng that the best to time to play pennystocks is between the december expiration day (tomorrow) and the middle/end of january. Can someone confirm this?
Let's hope we'll experience the same thing this year :).
Good luck everybody!
My Father is a foodservice broker and represents Hansen and others. He gave a report from his opinion of the Breakfast Blenders. He went to 7/11 today to pick some up for his ride to work. There were only 2 left. Raspberry-Chocolate and Vanilla Flavor. They were eye level. He likes the packaging, taste and location in the refrigeration unit. The pricing seemed in line. It may take awhile but he said the relationships and product make the difference. He does not see many with the Breakfast Blender concept and can see this as a nice seller. The Slammers are too sweet in his opinion and he wondered which product they would try to place in schools. This guy is very critical. It was nice to get his opinion as there are not any 7/11's where I live.
Quote from: Fré on December 15, 2005, 06:07:32 PM
I read in a dutch wallstreet mailng that the best to time to play pennystocks is between the december expiration day (tomorrow) and the middle/end of january. Can someone confirm this?
Let's hope we'll experience the same thing this year :).
Good luck everybody!
Hello Fré, I can't confirm that idea, it would be nice if we had an OTCBB index or something. I talked to Ramsburg about building one of those for 3 Stocks but he said it was impossible with our technological resources. But I bet there are penny stock indices outthere.
There are two types of market tops: a speculative top, when everybody falls in love with the stock market and get greedy. That's the best environment for penny stock trading, at the end of a speculative bubble.
The second type happens with the available pool of investors getting out of more money to buy. The weaker stocks (penny stocks) go down first, second the small and medium caps and finally large caps dive. This in general terms, of course, there are always stocks that go up.
Unfortunately it seems we're evolving to make this second type of market top and it may take a long time for pennies to get generally get back in favor.
But BRVO is different, as fill_the_gap says, I'm very glad that we have him on board again, because he works hard for information, and then shares it with us :) Thanks a lot fill :D
We've been talking about revenue growth on BRVO for a long time, so let me give you a chart with revenues since BRVO began trading as a public company:
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=11833;image)
The 2005 bar has $6.5M in revenues for the 4th quarter, since management estimates are of $6M to $7M. The 2006 bar is the current midpoint of the estimate from the company, expecting $70M to $100M in revenues for 2006.
This revenue expectation for 2006 can be revised lower, say to $60M. Still it would be outrageous growth.
BRVO has entered a growth path in 2004 and 2005 that won't stop. As a long term investor I hope BRVO's management can really achieve this and know how to manage growth in terms of its margins. Growth is not so good if net margins decrease. We'll talk more about that over next updates.
As for the stock price, it went down a bit yesterday and is near support levels.
Buying now when it is under the radar is the plan.
I will hold BRVO barring any major event.
A few quarters of results and 60 cents will look like $ 1 did with HANS.
This time I will not try to time BRVO. The tick down is on light volume.
Next quarter should bring some interest as the revenue will no doubt me more than 3.25 million as we already know they were close to this number in a months time based on the PR.
The exponential growth story and picture are the focus.
And they are already partnered with the right people.
Test market results and public acceptance of the product is key.
But getting into more schools would be great to be first to establish a market.
Long term hold.
I have a call scheduled with the CFO Jeff Kaplan
Tuesday.
Post any questions that you would like me to ask for you and I will post replies here.
======================================================
A reply to me from Roy the CEO about BRVO profitability is below:
QUESTIONS FOR ROY
Per our conversation:
- During the earnings call, Management cited a call update in January to discuss the future. When is the call date ? What will be addressed on the call ? Will a PR come out announcing a call ?
- Amount of current Insider shares owned ?
Have any sold or purchased in last 6 months ?
Why do the insiders not purchase if undervalued at this time ?
- How long do they project the current financing to last before another round ?
- What is your best guess on when Bravo will be profitable ?
Thank you in advance.
-Jeff-
ANSWERS FROM ROY
HI, I will answer what I can. First of all, we will do an update in January due to the issues regarding CCE business growth and the capacity issue. We will announce this when we know the facts and announce the date then.
Insider shares can be found on our financials. I think we are around 10% beneficial interest including the board. Insider sales and purchases are listed under insider transactions under BRVO on Yahoo Finance. Insiders are not traders. We work for the company and part of our compensation is stock options. Our goal is to build shareholder value, not really to trade the shares. We have a 6 month swing rule which means if we buy, we can not sell for 6 months. Management will buy when they feel appropriate but you must realize that Bravo is already a very disproportionately high piece of our net worth.
We would only raise additional money in 2006 for some extraordinary deal ( acquisition or such which we have no current plans to do). We have plenty of cash now to carry out our plan as we see it now. I believe we will reach cash flow break even during Q2 but time will tell. We don't have a good handle on the costs of the ramp up in sales with CCE and the costs of the new marketing and capacity due to some unknowns but I am comfortable that we get there in Q2 as indicated in our last call.
Hope this helps. rgW
fill_the_gap,
thank you very much for all the work you've done here. Its great that your posting these answers from the CEO. Where els would get info like that if it weren't for you! Thanks again.
It seems that 2006 will be a good year for us BRVO holders. We should start seeing the stock move in January when this news the CEO said will be coming out. We shall see if the market agrees.
The time the past few days was spent on the phone with Jasper Products and Bravo. Jasper is out of Joplin, Missouri and they are tied into the production of BRVO products. The facility does alot of health products such as Soy based drinks.
http://www.jasperproducts.com/
They would not answer capacity questions. And here is an e-mail that was received today based on the inquiry. Trying to evaluate all angles of the process for BRVO. Guess Roy and the other management will help with the questions.
Please post questions for the Tuesday call with the CFO and I will relay the answer to the board.
Jeff,
We are not authorized to discuss Bravo business with anyone.
If you have a special need for information you will need to ask Roy Warren and he can authorize us to do so.
Regards,
Ken Haubein
Jasper Products, LLC.
3877 E. 27th Street
Joplin, MO. 64804
ph. 417-208-1117
fax 417-206-3434
fill_the_gap
Thanks for filling us in on your conversation with BRVO.(applaud)
I would like to know if they have any plans for more advertising, sure would like to see those bottles on TV!
It would also be interesting to know if they are considering expanding or extending the Masterfoods co-branding agreement.
Thanks for sharing the info-
Boatguy.
I will add that to the list.
Thank you for contributing.
-Jeff-
Jeff - I am glad you are in close contact with Warren... it's a plis
My question deals with signifcant marketing positons coming to light other than the CCE deal...
Are there any sizable deals about to crack
What is the marketing model looking like
Government contracts? Healthcare? Schools? Costco? Walmart? etc etc
It seems this is a product that can go just about anywhere it can be mass marketed... Are they persuing this route?
Thanks I look forward to hearing any ifo you get..
Thanks again
BW
Quote from: bw6458 on December 17, 2005, 12:55:53 PM
My question deals with signifcant marketing positons coming to light other than the CCE deal...
Are there any sizable deals about to crack
What is the marketing model looking like
Government contracts? Healthcare? Schools? Costco? Walmart? etc etc
It seems this is a product that can go just about anywhere it can be mass marketed... Are they persuing this route?
Thanks I look forward to hearing any ifo you get..
Thanks again
BW
In response to BW, I contacted ROY Warren a few months ago and asked him about future markets. His response specifically about Wal-Mart was he was "working on it"
Looks like a fairly good entry point at this level...I may take a position Mon or Tues.
Another day like Friday and the candle pattern would look like a reverse 3-soldiers....what's that called, 3-terrorists? ;)
It dipped just below the 50dma and will pull the trigger if RSI hits 35.
Thank you fill_the_gap and others for your efforts.
Jody
Looks like BRVO still in bearish mode, prices still below 13 day EMA. (i will wait & ready to buyback) ;)
I believe the product of this company... The breakfast blenders taste fine ;) I just don't like tha Vanilla peach flavor it's taste like some kind of medicine but overall BRVO's product.. THUMBS UP!! ;D
My question: will you expand to continental Europe in 2006? I would like to have breakfast blenders for breakfast ;D
Thanks for all this great work fill_the_gap, it's not all the time management is available to answer so many questions from shareholders or they couldn't run the company properly, so let's take advantage of this opportunity you're giving us.
After the question about the expansion plans of the company, let me address a second issue and then I'll let go. As we've seen on my revenue history and projections chart, the company is expecting huge revenue growth for the 4th quarter and the entire 2006.
Revenues will grow from $3.3M in 2004, to about $13M in 2005 to expected $85M in 2006.
But what about profits and net margins?
Until now BRVO has lost money every year, and 2005 (4th quarter not included) was the worst of all, even though revenues increased:
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=11955;image)
In a research report issued by Catalyst Research, it shows an expectation for 2006 Earnings Per Share of $0.10. Do you confirm this expectation?
(If he confirms it we would have an earnings multiple of 6 :)) I think this would be extremely hard because probably CCE is putting pressure on BRVO's margins. The next question is: «Do you expect a positive net income in 2006?»
In short, here are my 3 questions:
1) Do you plan to expand to continental Europe in 2006?
2) Do you expect EPS of $0.10 in 2006 as issued in a Catalyst Research Report? If not, do you expect positive net income in 2006?
3) Do you plan to ask shareholders to increase the number of authorized shares from the current 300 million?
Thanks fill, looking forward for the answers :)
David,
Great questions ! I will get it done and post it here.
-Jeff-
Great offer, Jeff: excuse the delay - family illness.
My questions is just an extension of others - I need to know what Mgt. is budgeting as a gross profit margin for the CCE revenues? tia, Don.
Don,
Excellent question !
Will post the notes Tuesday evening.
-Jeff-
BRVO reacted positively to the $0.60 support level.
We're all waiting for some answers from fill_the_gap's phone meeting with the CFO of the company. I hope the CFO is able to answer some of our questions. Again, thanks a lot fill :)
I keep thinking that, though we know the company's projections, the investor community doesn't, and the market will be surprised when he sees revenues of $6-$7M for the 4th quarter (a 10 fold increase from year ago levels) and projected sales of more than $50M for 2006 (at this point the midpoint of projected sales by the company is $85M, but I suspect this target will be lowered in January when the company issues it's 2006 guidance).
I'll continue holding BRVO.OB for the long term.
Well I've gone out and tried many of BRVO's products and most of them i like. However, I do not particularly like the taste of the double vanilla breakfast blender. It has a taste of "medicine". I don't know if the people at BRVO are aware of this or if there are other people who feel the same about the taste. It would be interesting to see of other people feel this way and if they would consider improving the taste of the product. I know I read that they were going to change the taste of the starburst slammer. Maybe they should look at changing the taste of the vanilla breakfast blender. Any thoughts?
Quote from: ultra1066 on December 20, 2005, 10:46:12 AM
Well I've gone out and tried many of BRVO's products and most of them i like. However, I do not particularly like the taste of the double vanilla breakfast blender. It has a taste of "medicine". I don't know if the people at BRVO are aware of this or if there are other people who feel the same about the taste. It would be interesting to see of other people feel this way and if they would consider improving the taste of the product. I know I read that they were going to change the taste of the starburst slammer. Maybe they should look at changing the taste of the vanilla breakfast blender. Any thoughts?
Perhaps you should e-mail the company on this issue. I never tasted BRVO's products since I live in Europe and unfortunately they don't sell here: still :)
Another boring day for BRVO.OB, the stock closed exactly at my purchase price. It's hard to be a long term investor, it takes a lot of patience, but long term investing is the best strategy.
The first 100% are hard to get, but imagine BRVO.OB trading at $10, just another 6% rise and I get 100% more ;D
I'll continue waiting and holding BRVO.OB for the long term.
Quote from: Terlisa on December 18, 2005, 09:32:34 PM
Looks like BRVO still in bearish mode, prices still below 13 day EMA. (i will wait & ready to buyback) ;)
I believe the product of this company... The breakfast blenders taste fine ;) I just don't like tha Vanilla peach flavor it's taste like some kind of medicine but overall BRVO's product.. THUMBS UP!! ;D
Quote from: ultra1066 on December 20, 2005, 10:46:12 AM
Well I've gone out and tried many of BRVO's products and most of them i like. However, I do not particularly like the taste of the double vanilla breakfast blender. It has a taste of "medicine". I don't know if the people at BRVO are aware of this or if there are other people who feel the same about the taste. It would be interesting to see of other people feel this way and if they would consider improving the taste of the product. I know I read that they were going to change the taste of the starburst slammer. Maybe they should look at changing the taste of the vanilla breakfast blender. Any thoughts?
I told you, (Vanilla Blender) it has a taste of a medicine.. my wife even said so :-\... I should e-mail Bravo about this >:(
QuoteI told you, (Vanilla Blender) it has a taste of a medicine.. my wife even said so Undecided... I should e-mail Bravo about this Angry
E-mailing them about this would be a good idea. Are there any others flavors you or your wife fid that has a funny taste? I only found the vanilla bb to be funny tasting, but I still haven't ried all od the products (I'm getting there though)
The scheduled call today lasted approximately 30 minutes.
May I suggest that you also call the CFO and other management with your questions.
This way the notes relayed below can be further expanded as we move forward.
Please do not make any investment decisions based on the notes below.
The CFO was kind to grant me 30 minutes. He is a friendly and articulate person.
Jeffrey J. Kaplan
Chief Financial Officer
Bravo! Foods International Corp.
[email protected]Jeffrey Kaplan joined Bravo! in October 2005 as CFO. Kaplan's career spans over 20 years as an entrepreneurial Chief Financial Officer of public companies. In previous posts, Kaplan has been directly responsible for closing over $1.3 billion in transactions including underwritten public offerings, numerous PIPE transactions, strategic acquisitions, and bank financings. As Executive VP and CFO at Rare Medium Group, Kaplan completed a $186 million underwritten public offering and more than $70 million in private placement funding.
Throughout his career as CFO, Kaplan has been responsible for building and developing corporate finance and administrative staff to handle growth and he has implemented budgeting and forecasting disciplines to manage growth. During Kaplan's tenure at Clabir Corporation, a conglomerate that owned 37 restaurants and 100 convenience stores, the Company brought the popular Klondike(TM) ice cream bar to the national market.
Kaplan also has substantial experience implementing and managing successful investor relations campaigns and coordinated securities analyst coverage for a number of public companies. Kaplan graduated from Brown University and holds an MBA from New York University.
"I am excited to join Bravo!'s management team. With Bravo!'s aseptic packaging, the Masterfood license (Milky Way, Starburst and Three Musketeers), and Master Distribution Agreement with Coca-Cola Enterprises, Bravo! is positioned to become a major player in the category.
Jeffrey J. Kaplan
Chief Financial Officer
------------------------------------------------------------------------------------------------------
* This is my best effort to relay information from the call. Please understand that many items are subject to interpretation.
- The CFO confirmed that after costs, BRVO gets 18.9 million from the 20.25 million equity financing.
- 8 institutions were involved with the financing after over 30 were interviewed.
- The CFO seemed certain that 85 % of the investors were to be long term. And he is guessing that the remaining are also long term holders. He explained that Roy and management interviewed many investors to try and get a group that would invest for the long term. (that said, they can change their mind and sell BRVO shares, but they apparently told management they will allow the growth story to develop).
- BRVO lost (.04) cents per diluted share last quarter
This equates to nearly 5 million dollars
Back out the Non Recurring Finder's Fee to CCE of 3 million and Jeff confirmed that BRVO is losing around 2 million per quarter.
- The 6-7 million projection for this quarter could not be directly commented on except that we will know more on the January call.
- The tone of the call was such that the 70-100 million revenue mark for 2006 is a best case scenario. The CEO, Roy, may be overly optimistic. He wants to be honest and give a forecast that involves all of the irons in the fire working out. Roy does not want to sandbag a forecast. * This surprises me considering his brokerage background because it sets up for a disappointment to offset exponential growth. So they may have to narrow the forecast.
On the other hand, others involved with the company may wish to underpromise and overdeliver. It was discussed that any revenue increase will be exponential. But shooting for 70-100 million and hitting say, 50 million would disappoint expectations (even though this is amazing growth on growth !) Jeff obviously would not give me direct numbers even though I asked for them multiple times. He said that forecast is in the process of being evaluated. He said this will all be discussed at the January meeting. It did seem to me that the 70-100 million will be scaled back to a more realistic goal.
Jeff understands that events can surface that are out of BRVO's control. Take the hurricanes for instance. And Jasper equipment may not always work at full capacity. So a buffer is recommended for any projection. And it does not seem that any buffer is in place at this time.
- My personal opinion from the call is that the 6-7 million for this quarter will not hit. And the 70-100 million forecast is very steep considering the evaluation of all the notes. I bet they guide down to be more realistic moving forward. I expressed the concern of missing by 20% like the past quarters. He understood that management needs a track record of delivering to build investor confidence.
- Next CC will probably be mid to late January. A press release will come out announcing the event sometime in January.
Don- I specifically asked your question. " What is management budgeting as a gross profit margin for CCE revenues?"
- Jeff explained that CCE places pressure on the margins. So the margins will shrink going through CCE rather than selling directly to say Sam's. He went on to say that it will be made up in the following categories.
A. BRVO saves close to a dime on average in trucking fees.
Simply put, they can send it to one location (CCE)
Paying for a platt delivery here and there is what gets expensive.
B. No Brokers are involved in going through CCE, saving approximately 4 % brokerage commission.
C. CCE pays the slotting fees. So BRVO is now saving the amount paid to grocers for shelf space, etc. CCE covers the cost and also has much better exposure for the products.
- 80% of the total volume for BRVO is CCE.
- Margins are set in stone and will be evaluated (1) year from August.
- At the end of the day, margins will shrink, but BRVO will come out the same or a little ahead on the savings addressed above to the bottom line.
- The question that I posed was why CCE went from a deal that would give them 51 % ownership and controlling interest in BRVO to ultimately much less ? Jeff explained that Coke does not want any bottlers to own brands and that BRVO is glad it worked out this way.
- Jeff mentioned they have people in place to try and get the suppliers cost down.
- BRVO has to cover 10% of the total cost for the production with Jasper
Jasper will spend 50 million on a take or pay contract ramping up for production.
- The Dairy Farmers of America (COOP) owns 45 % of Jasper and 12 % of BRVO.
- Pertaining to Capacity
A. Jasper is slated to get to 7.5 million in April. The machines are in place but FDA approval is needed as well as down lines.
B. BRVO is controlling shipment locations. They understand that running out of product where there is a demand is not a valid model. For instance, not all Sam's have the product. It will be increased as production elevates on a controlled basis.
C. Jeff said he has not seen the data on reorders yet to make any comments.
BW- pertaining to your question about marketing and deals
1. We discussed the idea of getting into schools. He said the Marvel drinks would not be the product. It would be the Milky Way. etc. as they are much healthier. Jeff said they have made progress in the school arena but did not have any figures or time table to share.
2. CCE and BRVO are working on a vending bottle for January. CCE wants to ramp this up significantly first of the year to roll out a substantial amount of vending machines.
David's Questions
1. Do you expect to expand to continental Europe in 2006
- We will make an effort to expand to Europe. But the Eurpean changes in CCE leadership may delay this a little. It will be more realistic to assume 2007.
2. Catalyst Research says 2006 EPS 10 cents. Can this be confirmed. This would be an earnings multiple of 6, very hard because CCE puts pressure on margins.
- Jeff said he is not aware of the Catalyst Research estimate. He also said that we will get a better picture of the number during the January call.
3. Do you plan to ask shareholders to increase from 300 million shares
- Jeff did not directly answer the question. However, he said it will be considered in order to secure future deals.
4. Do you expect positive net income in 2006
- Yes, positive
without the amortization.
I hope this contributes to the board. Thank you for those that forwarded questions to ask.
We will know more in January.
-Jeff-
Also the Starburst Strawberry Smoothie ----> same....Medicine Taste....
Milky Way ---> Thumbs up
Starburst Peach ---> Thumbs up.... but my 10 years old cousin doesn't like it..
Starburst Orange ----> It's OK
Blenders-- Milk & Cocoa ----> Taste like Milky Way
Have you guys taste the Nestle Vanilla?--- wow... i mean WOW :o ...It's taste so good
No heart feelings for BRVO holders, this is only my opinion ;)
Good job Jeff, applaud for the Hardwork you've done..
Great job Jeff!
The answers seem to be less spectacular (still impressive), but maybe more realistic.
Applauding you, Jeff!
That was a very generous effort on your part. I do not think that I can re-engineer the CCE margins, based on the way Jeffery answered your question. I wonder if that was his intention?
I mean, he must have a number, which is his forecast for what gross margins will be, on CCE sales? Why would he not disclose it?
I may make the time to contact him. Again, no detracting from your work - we have a lot more information to work with than we had before. The most criticical, in my view is your 'feel' for the softness of the original 2006 revenue estimates. Working with erroneous revenues, it wouldn't matter how accurate the margin estimate is ! Don.
Great job Jeff. Thanks for your hard work.
Terlisa: I agree the nestle tastes better, but BRVO's products are much healthier with amazingly less calories and much more protein & vitamins. So its trade off, but in todays health conscience society I believe its a plus.
Being the call is end of January, I am not sure what can keep the price up near term ? Seems it may fall when the reality of the forecast hits. We will see. It is for the patient investor. Near term, I cannot see much happening. The guess is that they guide down numbers and then miss by at least 20% this quarter. But I have been wrong many times before. I like BRVO into 2007 and beyond but will be more cautious with any short term money.
I wrote Roy to tell him about the Vanilla Blender - If someone tries that they will never try another of their products. It was evil.
I also suggested marketing it to the Spanish community. At the 7-11 I went to, they had no problem-o shelling out $2 for a chocolate milk. (they bought a Quik - I will work on my Spanish so I can better sway them in the future)
Quote from: fill_the_gap on December 20, 2005, 11:10:15 PM
C. CCE pays the sliding fees. So BRVO is now saving the amount paid to grocers for shelf space, etc. CCE covers the cost and also has much better exposure for the products.
Applause to you Jeff. GREAT information! One of the reasons I have liked the CCE deal so well is the hope that CCE would be paying the slotting allowances. For those not into distribution in the grocery arena, virtually every manufacturer pays grocery stores "slotting allowances" which is essentially making a payment for shelf space. For many grocers, one cannot get shelf space without such payments, and some grocery chains literally hope to break even from the sale of products and rely on slotting payments as the profit. Thus, the amounts paid are sometimes fantastic numbers. If you imagine your local grocery store and the amount of shelf space that Coke has (which is usually as great as any single product line), you can then see the marketing power that CCE has, and the ability CCE will have, if it so chooses, to get Bravo products on the shelf. That is why I personally like this company so well ... it immediately has one of the most powerful product placement companies in the United States placing the product - quite a feat for a new company. .
Heck:
I saw the Coke guy today at the convenience store - I know this guy.
He knew about Brvo products and said that he had tasted some - said they were too sweet for him but the flavor was good - He said that kids will like them -- Then he told me that they only had a few cases and they were all stolen from the warehouse.
The Slammers were stolen from the warehouse - somebody likes them.
We had an ugly sell off today on BRVO.OB. I'm worried about it. Let me make a bear case on BRVO, so I can open my mind to all possibilities:
- Today the company issued a Form SB-2, saying the following:
«This prospectus relates to the resale by the selling stockholders up to
58,004,688 shares of our common stock, including the following:
o 40,500,000 shares of our common stock;
o up to 15,492,188 shares issuable upon the exercise of common stock
purchase warrants at $0.80.
o up to 1,012,500 shares issuable upon the exercise of common stock
purchase warrants at $0.50; and
o up to 1,000,000 shares issuable upon the exercise of common stock
purchase warrants at $0.05
The selling stockholders may sell common stock from time to time in the
principal market on which the stock is traded at the prevailing market price or
in negotiated transactions. The selling stockholders may be deemed underwriters
of the shares of common stock, which they are offering. We will pay the expenses
of registering these shares.»
This Form is related to this news we had on November the 23rd: Bravo! Foods International Enters Into Agreements for $20.25 Million Private Placement of Common Stock - (http://www.marketwatch.com/tools/quotes/newsarticle.asp?siteid=mktw&sid=505648&guid=%7B11A10E93%2DCA85%2D494F%2DB85B%2D9F1C043B8E68%7D&symb=)
So, nothing new, but people are worried that investors in BRVO are not so long term investors, although management says they are.
More from this report:
- «Our new product introduction and growth expansion continue to be expensive
and we reported a net loss of $3,016,987 for the year ended December 31, 2004
and a net loss of $3,799,926 for the year ended December 31, 2003. In addition,
we had a net loss of $7,485,371 for the nine months ended September 30, 2005. We
have suffered operating losses and negative cash flows from operations since
inception and, at December 31, 2004, we had an accumulated deficit, a capital
deficit, are delinquent on certain debts and have negative working capital.
These conditions give rise to substantial doubt about our ability to continue as
a going concern.»
- «Our Independent Auditors Have Expressed Substantial Doubt About Our Ability to
Continue As a Going Concern, Which May Hinder Our Ability to Obtain Future
Financing.»
- «As of December 7, 2005, we had 181,753,751 shares of common stock issued
and outstanding and convertible debentures outstanding that may be converted
into an estimated 31,329,273 shares of common stock at below market prices,
convertible prefered outstanding that may be converted into an estimated
8,047,038 shares of common stock at below market prices outstanding warrants to
purchase 64,291,697 shares of common stock and options to purchase 11,958,459
shares of common stock. All of the shares, including all of the shares issuable
upon conversion of the debentures and upon exercise of our warrants, may be sold
pursuant to a currently effective registration statement or pursuant to Rule
144. The sale of these shares may adversely affect the market price of our
common stock.»
This means that on a fully diluted basis, the number of outstanding shares is 181,753,751+31,329,273+8,047,038+64,291,697+11,958,459 =
297,380,218 :o
No wonder the CFO said the following when fill_the_gap asked:
Quote3. Do you plan to ask shareholders to increase from 300 million shares authorized?
- Jeff did not directly answer the question. However, he said it will be considered in order to secure future deals.
With 297,380,218 shares outstanding if all derivatives are converted, the
market cap is 297,380,218*$0.577 =
$171,588,385And probably management is already thinking about asking shareholders to increase the number of shares authorized, because they're at their limit. This was one of the pre-conditions I set to continue holding the stock for the long term, that they don't ask shareholders to increase the number of authorized shares :'(
I feel really sad when I read fill_the_gaps comments saying the company will miss its internal forecasts for the 4th quarter and will probably significantly guide lower on 2006 revenue projections. I know this will happen because over the last conference call they said that to meet the revenue range of $70M - $100M they would need international expansion. Now the CFO said they won't expand internationally in 2006, so revenue projections will probably come in at around $50M.
This is a serious matter, because high revenue growth expectations is what is keeping the stock so «high». Even if they can sell $50M of product in 2006, BRVO would still have a P/S Ratio of 3.43.
I wonder if the best case scenario isn't build into the stock price, considering the market cap of $171,588,385. And there are significant risks.
What do you think about this bear case? Pretty strong isn't it?
What have we got for a bullish case?
- Exponential revenue growth and a product.
But, unfortunately revenue growth isn't as strong as we and the company expected.
Working capital just turned positive in 2005, so I believe those «going concern» remarks do not apply for BRVO's future, at least over the short term:
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=12151;image)
I see three factors pushing BRVO lower over the medium term:
1) General weakness on OTCBB stocks
2) Lower revenue guidance ahead
3) Probably management will ask shareholders to increase the number of authorized shares from 300 million, allowing them to dilute even more shareholder value.
I feel sad I had to leave the stock decline to deal with these issues. The bull case is always much more compelling when we own the stock, and it's hard to keep our mind open to all possibilities.
I think bankruptcy isn't a possibility, but BRVO can go down 50% or more due to not so high revenue expectations. A market cap of $85M probably is more acceptable for 2006 expected revenues of $50M than $171M.
I'm sad to let BRVO go as a long term investment, but I can't fall in love with any stock, especially when I'm letting a profit turn into a loss ???
Therefore I'll take the dificult action of selling BRVO.OB around tomorrow's open, I'll keep monitoring the stock and will think of buying it back when all the bad news is out and the technical trend turns bullish again.
So goodbye now to BRVO :(... lucky i sold it last month rally with nice profit ;)
Woe!! This is sad indeed. This will go down as the stock I`ve held for the longest time this year without a profit. Tomorrow's volumn will be light, I hope everyone can get out without taking the stock down a good 50%.
Just want to write down some thoughts, correct me plz if I'm wrong:
1) There's nothing new in this report.
2) We knew there were a lot of debentures and warrants that could be converted.
But I can't believe that we'll see a situation very soon where all the warrants/debentures will be converted. So if 50% of them gets converted, we might have 250M outstanding shares.
3) They did have the intention to buy some warrants back? So we can expect less dilution?
4) Some warrants can't be exercised under 0.80$? So that should give us some time.
5) We have a working capital of 18M now and will lose on average 2M per quarter. I don't see a reason why they would need refinancing.
6) I already expected less spectacular numbers, but (as I said before), they remain impressive.
So I expect, as we saw in November, a stock that will rally until the mid 70's in the days before the new CC and a sell off afterwards. I'll keep 'em untll then.
Good luck, and again please don't hesitate to correct me if I'm wrong, I'm still learning everyday :)
Fre BRVO is in a downtrend and that will not get it to the $0.70`s. The trend will not change until after some fundamental event. The next event is the January shareholders update where expectations will be lowered. This is why it is wise to sell now until after the update.
First off, huge applause to Jeff (Fill_the_Gap) for the incredible effort.
I take no pleasure in pointing out the only thing most investors / speculators will see:
Quote from: David Randolph on December 21, 2005, 05:28:13 PM
I feel really sad when I read fill_the_gaps comments saying the company will miss its internal forecasts for the 4th quarter and will probably significantly guide lower on 2006 revenue projections.
Hopefully most of you are able to sell with small loss.
I believe there will be an over reaction when the company announces, or possibly earlier.
I also believe there is profit potential based on this over reaction.
Looking at the chart, it appears a long way down if / when it breaks .50
David, a what price would you be a buyer again? - Or would you need to confirm a trend before re-entry?
One private placement followed by another one. That is the nature for most of the OB stocks.
They need your money to feed their spending.
Too many shares.
It takes lot of courage to adapt to changing market. I must say BRAVO David. There will certainly be other opportunities.
I had posted skeptical opinions early on; thought the deal favored CCE and not BRVO. Wondered why it was on the SOF list rather than pennies. Sorry for this to ahve been a rare occasion where my gut instinct was right. I trust nobody gets hurt too bad though. Not as bad as my 98.87 (current) loss on QBID.
prfsr Hal
David has posted some very perceptive thoughts here, this week.
I understand how he has arrived at his decision. I am somewhat surprised at how quickly the tide of negative opinions has arisen (excl. the Prof.).
I can spot at least one significant error of logic in what has been posted (you should use the 'Treasury' calculation method, when computing the fully diluted float. That calculation, as I understand it, produces a total of approximately 250 mill.) .
I have more work to do, dissecting what is true and what is perhaps unintentionally misleading, after I spoke with Jeff Kaplan tonite (he was kind enough to call me here in Thailand). I have 4 day stomach flu, so I'm off to bed. So my work will wait. I do not intend to sell in to this trend...unless you are a trader.
My advice to all (other than David and the Prof) is - be careful that you make your decisions based on facts, and not on emotions. Don.
QuoteDavid, a what price would you be a buyer again? - Or would you need to confirm a trend before re-entry?
If nothing changes, I would be a buyer again around $0.25-$0.30 (about $80 to $85M market cap).
I still think that, over the long term, say 5 years, BRVO can reach $5 (if there's no significant dilution, that would be a $1.5 B market cap, HANS has $1.85 B), if everything works out well with the company's expansion plans. My reasoning is that, long at $0.60 that would represent about 8 bags of profit.
If I'm long at $0.30, instead of $0.60, $5 would mean 16 bags of profit. That's quite a difference.
I'm afraid the reasons I gave to sell (almost 300 million shares outstanding and probably the company asking permission to increase the number of authorized shares, lower than expected revenues, no profits) can take BRVO.OB down to $0.25-$0.30 by mid 1st quarter 2006. We'll see. I hope not.
Good luck to all of you that will keep on holding, I hope I'm wrong or, if I'm right, conditions set up so you can buy more at $0.25-$0.30 and then the stock goes to $5-$10 over the long term.
12/22/2005 7:05 PST
Forget Brvo, never touch otc or pink again ! better paly Prgx, check it out,please!
GLTA.
cc
GLTA
cc
I took my 15% loss and went home. Damn. I notice this happens when I make a profit on a stock then go in it for a 2nd time and give it all back. Did it with NVAX, HOM, AOB etc.
Also I (we) kept this stock based on fundamentals even when the chart said to sell.
I hope I learned my stock market lesson. I hope I remember it.
Quote from: David Randolph on December 22, 2005, 09:58:25 AM
QuoteI still think that, over the long term, say 5 years, BRVO can reach $5....
I never thought I would do this, but a smite on you David. :-[ Emotional reactions to news and evolution in a small-cap start-up company does not a trading plan make (emotional reactions ended the pennies board). Anyone who invests in small-cap start-ups knows that (1) dilution will occur (it is not a probably, these companies are always going back to the market for more money); (2) estimates are, at best, wild-ass guesses; and (3) volatility will be ever present in the stock price. Some smart investors paid $0.50 for shares recently with options in the .80s. That may well be a floor. Your plan all along for this stock was to "hold for the long term." This is not the long term. And even you still think that 5 years out this stock is $5. From a low .50s start, that is about 60% per year. If all my investments gave me those returns, I would be a happy happy guy....
Bigdog, i hear ya. Im not stoic enough for the "this stock is going to double one day and then selll sell the next. But david has shown an over all profit, and that is the GOAL. However, I do NOT agree with david either on this one. This stock will not be at 25 cents. There is no rational to it. and if it does, (like the stock market is always rational) i will sit on 1/2 of my money and buy a ton more and wait 1 year or 5 years. Im sure it will beat my dad who has his money in a bank. But right here right now, im betting that it does not do that.
Either way david is successful because he will follow his plan. He gets to buy more when its cheaper, or buy in a bull market, both gaining him money. all the while letting him use that 6.66% in other stocks that are in bull markets. I unlike david am not using other peoples money. i am down and can no longer sell for loses. David has money, well im younger, and i have something better, TIME :D.
DOG, you and I are the same I beleive, and I just found i can not make the trades that david does. I have to stick to my guns a little longer. GL my freinds. The good news is we should all be fat and happy off this bad boy wiether you get it at 1.00 .50 or .25 some day
I think as more time goes by we are getting to see more negative news on BRVO. It is just too rikly to stay in this stock right now, so I'm out. If they increase the outstanding shares more I don't see how the stock price can head higher. There's just tooo many outstanding shares as it is. As it is now this stock has a market cap of over 70 million and a stock price of .53 If they increase the outstanding shares more what will this do to the stock price? Maybe one day we can see that BRVO is in better shape and get back in. Right now I'm staying away. Otc stocks need lots of positive news to head up (and even with positive news its hard for a penny to rise).
Maybe you're right bigdogs99999 and I respect your opinion. And certainly I'm not the right person to write bearish things about BRVO.OB, so I won't.
I was talking with Ramsburg over lunch about this, about how sad I was that I had to sell BRVO. Then I started to wonder about the ideal multi-bag long term stock, one of those that can rise from pennies to $100 in, say, 2 or 3 years.
These kind of stocks almost always have a small number of shares outstanding, say, less than 30 million. As I study more and more stocks I find that it is very important to keep the number of shares outstanding more or less steady, or at least growing only because of stock splits (that's the best scenario).
Good companies finance themselves with profits from operations and growth, not always asking for investor's money. If a business model takes 5 to 10 years to be profitable, probably it isn't a sound business model.
I'm talking generally, not on BRVO's specific case. What do you think?
On BRVO the share count is way too big at this point. Going to $1.2 would mean an increase in market value of $180M. The company needs to create $180M in value for every $0.60 the stock price rises.
I would prefer to invest for the long term in a company that needs to create just $5 or $10M in value to rise the same $0.60 and is also trading below $1.
Is that company outthere? I'm sure it is, I'll continue searching for it ...
I'm still learning a few tricks of the stock game (I've been a futures trader for the best part of my trading career), but I'm sure I can learn very fast if I put my mind to it.
It's been a pleasure bigdogs, I hope you're right and BRVO is the shining star you're looking for.
Anybody have any ideas on how 4800 investers can exit a stock on the same day and not hurt themselves in the process. There is no doubt in my mind the Bravo's drop today is Randolph-inspired . If you still have this stock I think you should hold it for at least a little longer and let the stampede thru.
LOL ya the worst is selling 2 hours after david puts the word out weither its directly or indirectly related.
Hey ULTRA, who is talking about increasing the # of shares? where did this come from? how did 3 sof do a 180 on this so fast?
Quote from: FALCON64 on December 22, 2005, 12:47:03 PM
Anybody have any ideas on how 4800 investers can exit a stock on the same day and not hurt themselves in the process. There is no doubt in my mind the Bravo's drop today is Randolph-inspired . If you still have this stock I think you should hold it for at least a little longer and let the stampede thru.
Haa haa. The stock was down over 10% at one point but I doubt if everyone had made their exit. If they did I am sure it will be down significantly more than that. I think us folks here at 3SOF has got to have BRVO management' attention.
Quote from: puenthouse on December 22, 2005, 02:22:40 PM
Hey ULTRA, who is talking about increasing the # of shares? where did this come from? how did 3 sof do a 180 on this so fast?
Read Page 65 of this thread - Fill_the_Gap conversation with the CFO:
Quote* This is my best effort to relay information from the call. Please understand that many items are subject to interpretation.
- The CFO confirmed that after costs, BRVO gets 18.9 million from the 20.25 million equity financing.
- 8 institutions were involved with the financing after over 30 were interviewed.
- The CFO seemed certain that 85 % of the investors were to be long term. And he is guessing that the remaining are also long term holders. He explained that Roy and management interviewed many investors to try and get a group that would invest for the long term. (that said, they can change their mind and sell BRVO shares, but they apparently told management they will allow the growth story to develop).
- BRVO lost (.04) cents per diluted share last quarter
This equates to nearly 5 million dollars
Back out the Non Recurring Finder's Fee to CCE of 3 million and Jeff confirmed that BRVO is losing around 2 million per quarter.
- The 6-7 million projection for this quarter could not be directly commented on except that we will know more on the January call.
- The tone of the call was such that the 70-100 million revenue mark for 2006 is a best case scenario. The CEO, Roy, may be overly optimistic. He wants to be honest and give a forecast that involves all of the irons in the fire working out. Roy does not want to sandbag a forecast. * This surprises me considering his brokerage background because it sets up for a disappointment to offset exponential growth. So they may have to narrow the forecast.
On the other hand, others involved with the company may wish to underpromise and overdeliver. It was discussed that any revenue increase will be exponential. But shooting for 70-100 million and hitting say, 50 million would disappoint expectations (even though this is amazing growth on growth !) Jeff obviously would not give me direct numbers even though I asked for them multiple times. He said that forecast is in the process of being evaluated. He said this will all be discussed at the January meeting. It did seem to me that the 70-100 million will be scaled back to a more realistic goal.
Jeff understands that events can surface that are out of BRVO's control. Take the hurricanes for instance. And Jasper equipment may not always work at full capacity. So a buffer is recommended for any projection. And it does not seem that any buffer is in place at this time.
- My personal opinion from the call is that the 6-7 million for this quarter will not hit. And the 70-100 million forecast is very steep considering the evaluation of all the notes. I bet they guide down to be more realistic moving forward. I expressed the concern of missing by 20% like the past quarters. He understood that management needs a track record of delivering to build investor confidence.
- Next CC will probably be mid to late January. A press release will come out announcing the event sometime in January.
Don- I specifically asked your question. " What is management budgeting as a gross profit margin for CCE revenues?"
- Jeff explained that CCE places pressure on the margins. So the margins will shrink going through CCE rather than selling directly to say Sam's. He went on to say that it will be made up in the following categories.
A. BRVO saves close to a dime on average in trucking fees.
Simply put, they can send it to one location (CCE)
Paying for a platt delivery here and there is what gets expensive.
B. No Brokers are involved in going through CCE, saving approximately 4 % brokerage commission.
C. CCE pays the slotting fees. So BRVO is now saving the amount paid to grocers for shelf space, etc. CCE covers the cost and also has much better exposure for the products.
- 80% of the total volume for BRVO is CCE.
- Margins are set in stone and will be evaluated (1) year from August.
- At the end of the day, margins will shrink, but BRVO will come out the same or a little ahead on the savings addressed above to the bottom line.
- The question that I posed was why CCE went from a deal that would give them 51 % ownership and controlling interest in BRVO to ultimately much less ? Jeff explained that Coke does not want any bottlers to own brands and that BRVO is glad it worked out this way.
- Jeff mentioned they have people in place to try and get the suppliers cost down.
- BRVO has to cover 10% of the total cost for the production with Jasper
Jasper will spend 50 million on a take or pay contract ramping up for production.
- The Dairy Farmers of America (COOP) owns 45 % of Jasper and 12 % of BRVO.
- Pertaining to Capacity
A. Jasper is slated to get to 7.5 million in April. The machines are in place but FDA approval is needed as well as down lines.
B. BRVO is controlling shipment locations. They understand that running out of product where there is a demand is not a valid model. For instance, not all Sam's have the product. It will be increased as production elevates on a controlled basis.
C. Jeff said he has not seen the data on reorders yet to make any comments.
BW- pertaining to your question about marketing and deals
1. We discussed the idea of getting into schools. He said the Marvel drinks would not be the product. It would be the Milky Way. etc. as they are much healthier. Jeff said they have made progress in the school arena but did not have any figures or time table to share.
2. CCE and BRVO are working on a vending bottle for January. CCE wants to ramp this up significantly first of the year to roll out a substantial amount of vending machines.
David's Questions
1. Do you expect to expand to continental Europe in 2006
- We will make an effort to expand to Europe. But the Eurpean changes in CCE leadership may delay this a little. It will be more realistic to assume 2007.
2. Catalyst Research says 2006 EPS 10 cents. Can this be confirmed. This would be an earnings multiple of 6, very hard because CCE puts pressure on margins.
- Jeff said he is not aware of the Catalyst Research estimate. He also said that we will get a better picture of the number during the January call.
3. Do you plan to ask shareholders to increase from 300 million shares
- Jeff did not directly answer the question. However, he said it will be considered in order to secure future deals.
4. Do you expect positive net income in 2006
- Yes, positive without the amortization.
I hope this contributes to the board. Thank you for those that forwarded questions to ask.
We will know more in January.
-Jeff-
Quote from: David Randolph on December 22, 2005, 12:36:19 PM
Maybe you're right bigdogs99999 and I respect your opinion. And certainly I'm not the right person to write bearish things about BRVO.OB, so I won't.
It's been a pleasure bigdogs, I hope you're right and BRVO is the shining star you're looking for.
David,
I much respect your skills and the honesty you display on this board. I neither recommend nor disparage BRVO as an investment. Long-term I like it - but it has risks like all investments.
Remember that the great gains in a stock come after holding a good stock for several years. If you buy BRVO or anything else at 50 cents and it succeeds and hits $5 in 4/5 years, it only takes 10% and then less per year for one to double each year one's original investment. Put differently, I am 44 years old. If I buy $5000 worth at 50 cents and it is $5 in six years, I have $50,000 worth. If it grows at 10% until I retire at age 65 (15 more years), it will be over $200,000. Opportunities like Bravo are rarities ... you took all the information and filtered it and decided to punt something that you think will probably be a 10 bagger over the next few years. That is not consistent with a stock that you are holding "for the long term."
What I would encourage for you David, in running this investment service, is to decide on what sort of focus you want to have, and stick with it. I started to write after the pennies board was discontinued. Stocks "on fire" because of momentum is a different investment philosophy than great fundamental stories or value plays that one buys and holds "for the long term." If you buy stocks and recommend those stocks for the long term, and then routinely sell all of them days or weeks later, you do yourself a disservice (because you are not trusting yourself) and your subscribers/readers a disservice (some more than others - I view recommendations like a**holes, everyone has one ;D). Perhaps you want to stick to short term and momentum investing - that is great. Or you could make a decision that you want to provide advice on long term holdings and create a separate list. There is some good fundamentalists who post (Michael comes to mind here). That is great too. But mixing apples and oranges in philosophies and advice is not the best way to advise others.
Personally, I encourage two lists - momentum and fundamentals. Your readers - especially me - could well benefit.
Dave
Hey puenthouse here's a quote from David:
QuoteI'm afraid the reasons I gave to sell (almost 300 million shares outstanding and probably the company asking permission to increase the number of authorized shares, lower than expected revenues, no profits) can take BRVO.OB down to $0.25-$0.30 by mid 1st quarter 2006. We'll see. I hope not.
With so many shares outstanding already I just do not want to here the CFO or any other BRVO management personel saying that their even thinking of asking shareholders to increase shares. That is the basis of my comments and that is why I sold. Too many shares, how much can the share price go up?
Big Dogg:
David's primary goal is the portfolio return, and as such the preservation of capital.
I'll agree that a long term hold portfolio would have different trading guidelines, but in either case the upcoming hit BRVO will take is going to be big (IMO)
Read what Jeff (Fill_the_Gap) wrote here:
QuoteThe tone of the call was such that the 70-100 million revenue mark for 2006 is a best case scenario. The CEO, Roy, may be overly optimistic.
When announced, this will create a huge credability issue given the previous guideance misses. Combine that with pending dillution, it's going to be very difficult for BRVO share price to bounce back from. There's so much distrust of penny stocks, it will take a long time to recover to the .50 + level.
Looking objectively, unless your long term is purely speculation, would you want to hold a company facing this?
Good Luck to you, whatever your decision.
Scott
KC,
Thanks ... I understand David's decision and cannot say that I disagree with it given that Iview the portfolio as a very short term trading portfolio. I am evaluating all the info and may join the sell group here and try to buy back in in a couple of months ... it is so hard to predict with these pennies that I am uncomfortable trading them ... My suggestion is either to abandon the false notion that any of the picks are meant to be held for "the long term," or create a separate portfolio of long term picks that accomodates that idea. I hated to see the demise of the penny stock board, and I feel that happened in part because David became frustrated with a bad pick and decision to ignore his own trading rules on EYII. Everyone picks losers and makes mistakes. In that debacle, I was one of the first to say (about HYRF) that once you get misinformation from a company, it is time to move on ... and though no intent seems to accompany the BRVO informatioin, if they do lower guidance significantly along with missing out on revenue targets, a big sell off might occur! Perhaps I should heed my own trading rules! >:D So your note of caution is something I am paying attention to (and applauding you for).
Tax loss selling may be furious this week and BRVO is one that has taken some major swings this year. I would be cautious this week if I were still a holder.
Recent Research Report:
26-Dec-2005 Pechala's Reports Frantisek Pechala BRAVO FOODS INTL CP (BRVO=US) 12-months forecast
If anyone has seen this, please post? - I have not.....(it is a subscription service). Don.
Don-
Pechala reports are not really a research report.
They are a pdf. file that you can download for 15$ US a pop and are little more than a computer generated guess using their formula.
Haven't seen Bravo's but don't think it will give you any real insight into the stock.
I sold Bravo and took quite a large loss, luckily I live on my boat so if I jumped out the window I would just wet. ;D
I sold Bravo and took quite a large loss, luckily I live on my boat so if I jumped out the window I would just wet
That is a marvellous combination of true grit and humour. Applaud!
Would you miind to share the reasons why you sold out of your position in total? tia, Don.
QuoteQuote
The tone of the call was such that the 70-100 million revenue mark for 2006 is a best case scenario. The CEO, Roy, may be overly optimistic.
What I really don't like is why would the CEO over estimate revenues when he could have said just about any number under the 70-100 million and the growth would still have been exponential! Now you have growing revenues but you still underestimate so it's conceived as bad news. Imo the CEO screwed it all up with that bold predicition of 70-100 million in revenues.
Also the large number of putstanding shares and the possibilty of increasing these shares is horrible news for BRVO. I sold last week and I'm very reluctant to get into pennys again. I stopped trading them in the past and started again with David's recomendations, but not again.
I think its better to trade and make judegement on facts and not opinions or interpretations.
Fact 1: Shares outstanding 150M, not 300m.
Fact 2: Possible outstanding shares might grow to 300m.
Fact 3: Working capital of 20M (minus costs and CCE fee) about 15M.
Net loss was about 1,2M. So I can't see a reason why they would ask for more authorized shares.
Maybe in 3-4 months, yes, for example for a new production machine. But that's the only reason imo.
Fact 4: The company didn't tell (not even implied) anything about NOT getting 70M-100M. That's just Jeff's interpretation of a telephone conversation. I don't say that he's wrong, but what if Warren anounces revenues of 85M? Will you buy or sell? I found Jeff's information very useful, but I don't think that an interpretation is enough to sell my shres of this promising stock. (but like David I don't like a lot of outstanding shares, but we've still haven't reached the 300M).
Greetings to you all and a happy newyear!
Most of our deciesions I think are based on facts and only a few on assumptions but they are assumptions that are backed by real concerns. Here are the quotes:
Quote«Our Independent Auditors Have Expressed Substantial Doubt About Our Ability to
Continue As a Going Concern, Which May Hinder Our Ability to Obtain Future
Financing.»
- «As of December 7, 2005, we had 181,753,751 shares of common stock issued
and outstanding and convertible debentures outstanding that may be converted
into an estimated 31,329,273 shares of common stock at below market prices,
convertible prefered outstanding that may be converted into an estimated
8,047,038 shares of common stock at below market prices outstanding warrants to
purchase 64,291,697 shares of common stock and options to purchase 11,958,459
shares of common stock. All of the shares, including all of the shares issuable
upon conversion of the debentures and upon exercise of our warrants, may be sold
pursuant to a currently effective registration statement or pursuant to Rule
144. The sale of these shares may adversely affect the market price of our
common stock.»
This means that on a fully diluted basis, the number of outstanding shares is 181,753,751+31,329,273+8,047,038+64,291,697+11,958,459 = 297,380,218 Shocked
No wonder the CFO said the following when fill_the_gap asked:
Quote
3. Do you plan to ask shareholders to increase from 300 million shares authorized?
- Jeff did not directly answer the question. However, he said it will be considered in order to secure future deals.
With 297,380,218 shares outstanding if all derivatives are converted, the market cap is 297,380,218*$0.577 = $171,588,385
And probably management is already thinking about asking shareholders to increase the number of shares authorized, because they're at their limit. This was one of the pre-conditions I set to continue holding the stock for the long term, that they don't ask shareholders to increase the number of authorized shares Cry
These numbers (shares)are just too big for bravo to grow, imo. This shows that the management team at Bravo is too willing to dilute further which means they care little about the investor/buyer.
jmo
Quote from: don on December 29, 2005, 11:47:05 AM
I sold Bravo and took quite a large loss, luckily I live on my boat so if I jumped out the window I would just wet
That is a marvellous combination of true grot and humour. Applaud!
Would you miind to share the reasons why you sold out of your position in total? tia, Don.
Don
My reason for selling was simple. I allowed a profit to turn into a loss, with the real possibility of larger loss.
I should have sold my entire position (.63 average) at breakeven. I could have re-entered the stock at anytime in the future without sustaining a loss. The chart was saying sell and I allowed my optimism to overcome the rules I have set for myself.
I entered Bravo in the .26 area and have been in and out several times for a good profit (55%). I treat each trade as if I never heard of the stock before and on this trade I took a 15% loss. Overall I still have a profit although not nearly as much as it could have been. I still think the Bravo story is a good one and after seeing the numbers I may re enter. If the story is true there will be plenty of entry points for this stock in the future.
I think Bravo will have more surprises in the future, good and bad. This is a penny stock and it must be traded that way, some may buy and hold for years watching their paper losses or gains ebb and flow, I choose to trade it.
Good luck to all here whatever your trading style!!
The chart was saying sell .
David, would you be so kind to post just what are the the most up-to-date TA guidlines for this stock?
Did I actually key in 'grot' ?
tia, Don.
Don, ?
Sorry, thought you were asking for my reason for selling.
Ken
I'm still holding Bravo for short term, actually bought more at at 51 cents. I don't think SG Cowen & Co will let it drop below .50 . Planning on holding until before earning. Hopefully it will break .60 before then. It is starting to show some strength. But expecting sell off at earning.
Don, ? Sorry, thought you were asking for my reason for selling.Ken
Ken, our anchor lines crossed! My question was meant 4 David. I'll repost it. and - I was edi :-\ing my reply to you where I miskeyed - saying you had true grot . Maybe I should have a shot of grog! Best for 2006 to you and to all. don.
question for David Randolph: those of us who are still holding for long term and also trying to trade: can you provide us with your TA reading of the recent week's trading action and where you see the support lines and breakout lines? Thanks, I know you are super busy with the Bear scenario you are developing. Just dont forget us BRVO guys and gals.
Hoping you have taken the time with your loved ones, as well as your 3SOF baby! Cheers, Don.
A quick update on my ongoing thoughts on BRVO:
Like Fre, I could not see the stock being allowed to weaken to a point close to 50. The consequnce would be those recent institutional investors showing no paper profit on BRVO on their calander year end portfolios. Minor dolllar values, sure; but everybody likes green ink results.
I expected to see it touch 60 at year end. This is all conjecture, of course.
I am working some numbers for BRVO for Q4 2005 and fiscal year 2006 and 2007 and will advise once I feel that I have fleshed them out a bit more.
If the Revenue expectations of the market (we dont know what they are) are overly optimistic and if BRVO does not hit Warrens Revenue projections (we do know what range they are in) - this is the major concern I have....
An opinion: I am not going to be concerned if the authorized capital is increased. I have made this comment before so excuse my being repetitious:
Consider the financially prudent skills displayed by mgt. (Warren/Jeffery) - by issuing new shares for 50 cents, in order to use some of the proceeds to buy back convertible options which were in the money, at a discount ? If you are focussed exclusively on how many more shares will be issued, because of fears of dilution - I believe that you may be missing the bigger picture. jmho. Don.
It is the trust factor that bothers investors.
They miss 20 percent each quarter, so how can anything be trusted ?
And the CFO and CEO give mixed signals on further dilution, forecast, etc.
It may be a trade into calls, selling right before the call and then evaluating.
But holding through a call has hurt. So be careful unless more becomes known.
Quote from: fill_the_gap on January 01, 2006, 12:03:47 PM
It is the trust factor that bothers investors.
They miss 20 percent each quarter, so how can anything be trusted ?
This is a concern. However, the lower revenues last quarter could be partially explained by the limited selling of products (for making CCE inventories). But I expect revenues to be in the lower range of 75M-100M.
Quote
It may be a trade into calls, selling right before the call and then evaluating.
But holding through a call has hurt. So be careful unless more becomes known.
That's exactly my plan. I don't know the expectations of the investors so I expect a sell off (and will sell as well).
Fre,
Are you already in BRVO ?
If not, are you waiting for the January call date to be announced ?
Quote from: fill_the_gap on January 01, 2006, 09:54:55 PM
Fre,
Are you already in BRVO ?
If not, are you waiting for the January call date to be announced ?
Twice affirmative :)
Insider trades update:
INSIDER & RULE 144 TRANSACTIONS REPORTED -
Date Insider Shares Type Transaction Value*
29-Dec-05 WARREN, ROY G.
Chief Executive Officer 71,000 Direct Disposition (Non Open Market) at $0.575 per share. $40,825
23-Dec-05 WARREN, ROY G.
Chief Executive Officer 10,000 Direct Purchase at $0.5525 per share. $5,525
15-Nov-05 WARREN, ROY G.
Chief Executive Officer 50,000 Direct Disposition (Non Open Market) at $0.71 per share. $35,500
I wouldn't get my knickers in a knot over this, btw. Insider selling can be for 101 reasons. Insider buying is for 1 reason - he/she thinks the stock is cheap!! Don.
WOW!!! when every one jumped ship i ran back to mommy WARREN G and asked him why he told me this would never go under .40 ( just to prevent any comments, i and he both know that is somewhat unpredictable) but he told me not to panic. I then asked him if he was so confident on the stock price would buy here and he said he would. Looks like he did. I dont know why, but him and I talked some army talk. and before last jump he pumped me up to buy at the .50 level and it made its way to .80 and now this. Sure this guy is not going to 7 this year and might go in the .40s but dont we all agree this will be 7 dollars some day. Since i cant have fun buying and selling like david does and make money, i have to do it the boring way and just WAIT.
Quote from: don on December 31, 2005, 11:20:56 PM
question for David Randolph: those of us who are still holding for long term and also trying to trade: can you provide us with your TA reading of the recent week's trading action and where you see the support lines and breakout lines? Thanks, I know you are super busy with the Bear scenario you are developing. Just dont forget us BRVO guys and gals.
Hoping you have taken the time with your loved ones, as well as your 3SOF baby! Cheers, Don.
Hello don :)
The technical guidelines for BRVO now are the ascending support line (today at $0.508) and the horizontal resistance level at $0.605 (today's open).
A close above resistance or below support will probably indicate the short term trend.
On the fundamental level, I think I know why Roy Warren had such a high revenue estimate for 2006. It's not because he's dumb. It is because the stock needed that high revenue expectation to justify the current valuation.
I hope I'm wrong and the stock goes higher. I'm willing to buy it back, at lower or higher levels, in the future, but not now.
Good luck for those who are still holding BRVO.
Thanks. Big help = applauds. Don.
2006-01-04 08:30:23
Bravo! Foods Signs Multi-Year Manufacturing Agreement With Jasper Products
NORTH PALM BEACH, Fla., Jan. 4 /PRNewswire-FirstCall/ -- Bravo! Foods
International Corp. (OTC Bulletin Board: BRVO), a brand development and
marketing company that manufactures, promotes and distributes vitamin-
fortified, flavored milks, announced today that it has signed a multi-year
distribution agreement with Jasper Products, L.L.C. of Joplin, Missouri, one
of only three dairy processors in the United States that has approval of the
United States Food and Drug Administration to produce aseptic shelf-stable
milk in bottles. Bravo! has contracted with Jasper, which has produced its
flavored milks, including Slammers(R), since 2001, for the continued
production of Bravo!'s products through September 2010.
Under the terms of the agreement, the parties have agreed to annual volume
commitments for the ordering and production of Bravo!'s various lines of
shelf-stable, single-serve flavored milk beverages. The scheduled production
commitments with Jasper will be realized on a ramp-up basis, commencing in
April 2006, with the installation of additional processing equipment at
Jasper's Joplin plant. These production commitments will satisfy the agreed
upon supply obligation of Bravo! to Coca-Cola Enterprises, Inc. (CCE), under
Bravo!'s Master Distribution Agreement with CCE by the summer of 2006.
To secure the production commitments, as well as the right of first
refusal for Jasper's additional production capacity going forward, Bravo! has
paid a one-time equipment mobilization payment of $2.7 million to Jasper. The
agreement incorporates per unit monetary penalties for both unused capacity by
Bravo! and any production shortfall by Jasper.
Roy Warren, Bravo!'s Chief Executive Officer, said, "The importance of
entering into this agreement with Jasper cannot be overstated. By it, we
satisfy our supply obligations under the CCE Master Distribution Agreement and
move closer to our long-term production goals." Mr. Warren continued,
"Perhaps more important is the continuation of our past relationship with
Jasper -- one that has been invaluable to Bravo! in terms of Jasper's support,
cooperation and faith in our business."
Thanks for that, GM.
Nothing new here. It would be interesting to know viital info. not diclosed, though:
1. These production commitments will satisfy the agreed
upon supply obligation of Bravo! to Coca-Cola Enterprises, Inc. (CCE), under
Bravo!'s Master Distribution Agreement with CCE by the summer of 2006.. Details?
2. ...$2.7 million to Jasper. The agreement incorporates per unit monetary penalties for both unused capacity by Bravo! and any production shortfall by Jasper.
Roy Warren, Bravo!'s Chief Executive Officer, said, "The importance of
entering into this agreement with Jasper cannot be overstated. By it, we
satisfy our supply obligations under the CCE Master Distribution Agreement and
move closer to our long-term production goals."
Yes, but the question surely is, again, what are the details?
Jasper is a 50m pound gorilla and CCE is 600 pounds and Brvo is in the middle holding the rope. So, here is hoping that Jasper performs. Don.
From todays action I think they want to take it up to .80 so they can cash in those shares at .80. I can see definite manipulation. Notice it closed above resitance today on less than 900000 volume. From what i noticed it will rise till RSI hits 80. There is usually a 5 to 7 cent range to play with. Sell before 80 RSI and buy back lower. follow this trend and you can make a lot of money.. check the charts. good luck to all.
Revision fast stochistic at 100, and rsi at 70 set at 6 months. fast at 100 today if rsi hits 70 tomorrow sell and buy back lower.
I am a buyer today. Check out market depth. Also, consider, and this is only conjecture so do not base your trading decisions on it - BRVO will be presenting at a large gathering at their financing house, next week. If market makers have their say - this stock should be looking very strong over the next few trading days. Enough of a trading range for Money to be made, imho. Sometimes you have to rely on your instincts. That TA is coinciding - hey, okay. Don.
:D lol this is getting a buy high sell low message board
I got a reply e-mail from Roy about the CC date.
Roy said they have not set a date yet but will issue a PR when they do.
And that most likely it will be the last week this month.
So I will continue the plan of buying into any call. But holding into any call will not happen again.
They also have the presentation Tuesday which may help momentum before the CC.
http://biz.yahoo.com/prnews/060105/flth010.html?.v=37
Jeff
lol this is getting a buy high sell low message board
Hey, I thought I had copyrited that!
O/T has anyone drawn your attention to body armor maker DHB?
Major shareholder is properted to be bad news.. But, the prodcut is supposed to be good, despite the negative spin doctors have put out on a recall about zylon inserts. I am very interested in the -in-the-field user comments on the product. PP me, if you have any commments on the product. tia, Don.
2 topics:
I have spoken with the company CFO, on Jan 6:
let me share:
1. Guidance: there will be a NR call, dealing with guidance,in the 3rd or 4th week of January. This is more vague than Jeff's info. So, good on you, Jeff!
2. Quarter 4 2005: The release date for Q4 will depend on how fast they can get the year end closed (a much bigger deal than a quarters end). He figured we would see Q4 sometime around March 15. Maybe a tad earlier.
3. Plant Capacity/Production:
Production levels, right now, per month, are 2.5-2.8 mill units.
as per last week's NR, BRVO pays $2.7 mill to Jasper. It is my understanding that this is sufficient to get a new Tetrapac line filler TBA20 (or is it 22?) installed at Jasper, which will increase production capacity by 4.5 mill units per month...from 3.0 to 7.5. So, expect to see monthly processing capacity rise to 7.5 mill units, sometime in April May 2006. A new filler costs between $20-30 million btw. I guess they will enter into a capital lease.
4. Jasper: btw, The Dairy/Milk Farmers Assn of USA has an equity interest in this company, as well as in BRVO.
5. CCE: Which BRVO items does CCE carry ?
Answer: 8 products. Sorry, I didn't write fast enough to get them.
6. My valuation project:
I have done some projections, but then so can anyone with a calculator. Before I share, I need a more broad range of Price/Sales valuation ratios for the beverage industry. Any assistance would be appreciated!
So far, I have noted the following valuation ratios:
Hain Celestial Group Inc. Price/Sales (ttm):1.21
Clearly Canadian Beverage Corporation. CCBEF.OB Price/Sales (ttm):1.0
Cott Corporation(COTT) P/S 0.61
Cadbury Schweppes P/S 1.7
don.
Hey, this is interesting. Note the trend - Coke people are taking over the new regional sales effort. Good news, I would say. Altho' of course costs will increase. But you dont make money unless you are prepared to spend it on people. With experience. Don.
Bravo! Foods Announces Appointment of Eight Sales Executives
Monday January 9, 8:30 am ET
NORTH PALM BEACH, Fla., Jan. 9 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milks, today announced the appointment of seven sales professionals to newly created Regional Manager positions. In addition, it announced a new Director of Sales - Vending and Schools.
ADVERTISEMENT
Michael Edwards, Bravo!'s Chief Revenue Officer, commented, "These new hires significantly bolster Bravo!'s sales capabilities, and will be instrumental in expanding the domestic penetration of our products and in supporting Coca-Cola Enterprises' sizable distribution system. We are pleased to have completed this significant personnel initiative as part of the ongoing development of our corporate infrastructure. We believe all of our new sales executives bring significant talent to Bravo!, and look forward to their contributions to the company's continued growth going forward."
Philip Huber was appointed Bravo!'s new Director of Sales - Vending and Schools. He has over 35 years' experience in executive management, sales management, administration, marketing, and direct sales. Huber was recently Executive Vice President and Managing Director of LM Capital Securities, Inc., an investment banking and investment management firm.
Geoffrey Sidlow is the new Director of Sales responsible for the Great Lakes region. He was most recently the Director of Ohio for Crossmark in Cincinnati, OH, where he managed key accounts and client relationships within the Grocery/Confection segment.
James Grieger will oversee the West-Northwest Quadrant for Bravo!. He spent more than 30 years with the Coca-Cola Bottling Company of Washington, most recently as the Education/Amusement Recreation Channel Manager.
Derek Graf is Bravo!'s new Director of Sales covering the Midwest. He was previously a District Sales Manager of Cold Drinks with Coca-Cola Enterprises.
The Southwest will be managed by Keith Pedelscleaux, a sales professional with 20 years' experience who also joins Bravo! from Coca-Cola Enterprises. He was most recently the ConocoPhillips National Account Executive, and prior to that he was the Chevron National Account Executive.
Margaret Sibilia will be responsible for the West-Southern Quadrant. She was previously the District Sales Manager for Coca-Cola Enterprises in San Leandro, California.
Peter Benario will be Bravo!'s Director of Sales - Northeast. He joins Bravo from H.P. Hood LLC in Boston, MA, where he was the Regional Sales Manager of Food Service products.
Nancy Williams will join Bravo!'s current Southeast Regional Manager, Bryce Boynton, in overseeing this region. Ms. Williams was formerly a Sales Representative for the Southeast Atlantic Beverage Company, and in the decade prior to that she held various positions with The Coca-Cola Company and with Coca-Cola Enterprises.
Bravo's flying. I'll sell some (50%) at 0.71, because I expect the chance of selling on the news bigger than a possible profit, but I'll keep the rest in case I'm wrong.
Good luck!
This just announced, in the category of any publicity is good publicity. Don.
Bravo! Foods Names New Chief Marketing Officer
Tuesday January 10, 7:45 am ET
Marketing and Ad Guru Stan Harris Joins Management Team
NORTH PALM BEACH, Fla., Jan. 10 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milks, announced today that it has selected Stan Harris as its first Chief Marketing Officer, effective January 1, 2006. Harris' firm, Harris Ideas, has served as the agency of record for Bravo! since November 2003, helping to launch many of the company's Slammers® lines of single- serve, vitamin fortified, flavored milks and other proprietary products.
Harris' career spans 35 years in advertising and marketing. He first worked for J.C. Penney in retail advertising where he received The Retail Marketing Association's award for creative excellence and was the youngest creative supervisor in company history. Jumping from the client side to the agency world, Harris worked at a predecessor to what is now Saatchi & Saatchi Worldwide, on global brands such as General Mills and Proctor & Gamble where he earned recognition from Advertising Age magazine's "Advertising in Television," awards for providing, "a significant milestone in the use of television techniques for marketing success."
Following this success, Harris launched his own agency, growing it from a two person shop to one of the largest independent advertising firms in the Southeast, with billings in excess of $100 million. The agency, Harris Drury Cohen, earned a national reputation for building brands through outstanding creative advertising and developed a stable of high-level clients including Celebrity Cruises, Wyndham Resorts, Sea Doo Personal Watercraft and Raymond James Financial Services, among others.
Recognizing a shift in consumer thinking and the diminishing returns of traditional marketing approaches, Harris sold his agency and founded Harris Ideas. The new venture's mission was to be an "ideas based marketing firm," creating unexpected marketing concepts to solve today's business problems. Harris Ideas' clients included Bravo! Foods, Turnberry Associates hospitality division, Pride Family Brands of outdoor furniture and Black Book® Online.
Bravo!, CEO Roy Warren stated, "We are truly fortunate to have had Stan working with us on the development and launch of many of our products and our success to date is in part due to his creative approach to reaching our core consumers. We'll need Stan's continued contributions as we develop new products, and to capitalize on our Master Distribution Agreement with Coca Cola Enterprises."
Commenting on his appointment, Harris said, "I'm excited to join an aggressive marketer like Bravo! Foods, who have already demonstrated a keen sense of how to make a solid connection with consumers in non-traditional ways," said Harris. "Whether it's working with proprietary brands like the new Breakfast Blenders(TM) or continuing to develop a following for the successful co-branded Slammers® line of single-serve, flavored milks, we will continue to implement marketing programs designed to appeal to consumers in unexpected, yet attention-getting ways."
Stan is the recipient of numerous awards for creativity and advertising effectiveness including Clio Awards; American Marketing Association Effie Awards; New York Advertising Festival Awards; and Local, Regional, National and Best of Show ADDY Awards. He was a founding Board Member of the Miami Ad School, one of the most highly regarded schools for creative excellence in the country; served as North American Chairman for Worldwide Partners, the largest network of independent advertising agencies; served on the Boards of The Make- A-Wish Foundation and the Greater Fort Lauderdale Jewish Federation and currently serves on the Advisory Board for the University of Florida School of Journalism Advertising Department and on the Board of Directors of the Broward Alliance.
Fre/Puento: apparent opposite viewpoints. I'm in agreement with Fre - took my profit on last weeks buys - sold at .72 yesterday (pure luck, if you ask me, as I placed the order and went to bed!) . It is so odd to see the board so quiet - did everyone else sell - at the same time as David? David, why are you not trading this one? It seems to fit your criteria, yet you remain on the sidelines.I find that odd - as the reason I was first attracted to 3SOF was that I was holding at $1 and you used TA to call the sell off (to 65) correctly. Nevr mind, this is my first trading profit in 4 months. It feels reassuring to call it yourself, as I know diddly squat about TA. Good luck to all. Don.
pure luck, . To be honest, I just realised as I reviewed my trading ... I did get hit with a stop loss type sale at 52. On Dec 22. That was an owie that I had missed. So, all I have managed this week is to cover that loss. So, the only true profit I am showing is O/T:
NRI, on OTC, TSE. Off limits ot most of you, I am sure. But again, money to be made. Limited to this week or next 10 days. I will copy anyone who is interested in doing dd on it. PP me. Don.
Hello don and other BRVO fans, finally I was able to buy and drink flavoured milk here in Portugal, unfortunately it wasn't BRVO's.
Somebody else took the opportunity first (Puleva, a Spanish company)
Good luck for those who continue holding the stock, I sold with bad timing, still waiting for the January update on business and guidance.
We have a similar kind of flavoured milk drinks here in Belgium (with apparently a same kind of packaging), but it's not Milky Way of course :).
Danone came first with the flavoured milk idea, but their products still need refrigeration.
What I remembered from the CC: not a lot of new information but this was interesting:
- The major part of the stocks that can be exercised below 0.80c are in the hands of CCE and (Bravo?) employees. Above 0.80c they can be exercised by institutional investors. I think this is quite reassuring on the 'dillution case'.
- They gave an exemple of potential earnings. If they could fill about 10% of CCE's vending machines, revenues would be about 320M. This won't happy any time soon, but it gives growth perspectives.
- The biggest problem is still the production bottleneck, despite the production capactities of 7.5M in spring. They expect demand in Dec '06 on: 27.000.000 units/month. Multiply this by 0.75cents/unit. That gives great potential revenues.
01/10/06
42.7% of all statistics are made up on the spot.
BRVO
From the conference today.
Vending machines are a huge growth area. 51M potential revenue from initial rollout into 8400 CCE vending machines. 324M potential if they get into 10% of CCE's vending machines.
Only 3 FDA approved manufacturers. Jasper, Hood and Morningstar. Morningstar does coffee creamers. In negotiation with Hood which has 100M bottles a year capacity. Will have 90M bottles per year capacity at Jasper by July.
Will give better guidance than 70-100M in a late January conference call.
250M shares diluted.
Plan to become the Arizona Iced Tea of the milk business.
Chinese proverb:
CRAMER gets a good one! After last week's awful mine disaster, Cramer stumbled on MSA, or appropriately named, Mine Safety. The right name at the right time. The current administration loosened safety standards in the mines and Cramer feels that they will do an about face which will boost sales for MSA. Up 9% today.
http://finance.yahoo.com/q?s=MSA
Another one from Booya-Jim, CNXT was up 7% on huge volume. He feels that the stock will go to $3.50. The chart is close to a cup/handle and semis are the hot topic now.
http://finance.yahoo.com/q/bc?s=CNXT&t=1y
From the IBD top 10 under $10, RWC was up 9% on a good analyst ranking! Lots of good stocks have come out of that list. Energy Company GEOI is no longer on that list because it just shot over $10!
http://finance.yahoo.com/q/cq?s=spil+nuan+eng+geoi+aey+rwc+hom+aob+diet+lpsn+cmed+msa+acn+cnxt+urbn+lend&d=v1
BTUI rose with the semis today – great chart – up 9%http://finance.yahoo.com/q?s=BTUI
ESLR up a buck – this top solar panel pick by Tobin Smith continues to rise
http://finance.yahoo.com/q?s=ESLR
UARM up over a buck on news that Madonna will parade her flabby 47 year old butt in a pair of UA undies in her next unwatchable video.
Fiber optic company, FNSR, was up 7% for probably the same reason.
http://finance.yahoo.com/q?s=FNSR
Since it is really important for you to watch TV from your computer screen, HAUP has a nice chart and up today. (Actually, folks are buying their $100 gizmo to watch TV on their flat screen monitors which is probably better quality than their TV's). Check it out:
http://finance.yahoo.com/q/bc?s=HAUP&t=1y
Enough for today. And breathe easy, I got your back. Eugene
Quote from: David Randolph on January 10, 2006, 11:51:01 AM
Hello don and other BRVO fans, finally I was able to buy and drink flavoured milk here in Portugal, unfortunately it wasn't BRVO's.
Somebody else took the opportunity first (Puleva, a Spanish company)
Good luck for those who continue holding the stock, I sold with bad timing, still waiting for the January update on business and guidance.
Sold 10 cents below my buy price, now up 20 cents since I sold!! AARRGH!!!
Snocat, what conference call today?
At Yahoo news: I get: the next news will come at the Eighth Annual ICR XChange taking place January 12-13, 2006 at the The Ritz-Carlton in Naples, Florida.
Tia, Don.
It consumer conference, not a conference call, coca cola or a credit card, my bad.
SG Cowen & Co. 4th Annual Consumer Conference
Tuesday, January 10, 2006 9:00 AM ET
For replay: http://www.corporate-ir.net/ireye/confLobby.zhtml?ticker=BRVO.OB&item_id=1188769
This from a message board:
I just relistened. Sounded like things are going fair but,
The financial slides did show the outstanding now at 297,000,000.
Their chartered are 300 million.
And the capacity problem is very difficult.
From browsing the RB board and a few select "membermarked" posters, there are huge requirements on Jaspers part of BRVO to add capacity.
Naturally they're hesitant to build more plants. And Hood must know they have BRVO by the balls so they'll twist a little and get 10% of the company too. Everybody gets a piece. Those "barriers to entry" the CEO mentioned!
If being heavily dinged by Jasper to add plants and capacity they're going to have to ask shareholders to agree to increase the chartered so they can do a secondary.
Hi Snocat: applause for those 2 posts. Good find!
Can I ask you to clarify, as I have very spotty internet speed (south Thailand) and consequently, cannot get enough download speed, this being hi-usage time, late in the evening:
Vending machines are a huge growth area. 51M potential revenue from initial rollout into 8400 CCE vending machines.
Q: is that a forecast for fiscal 2006 ? Like, did they say something like, we expect potential annual revenues from CCE rollout to be $51M in 2006 (or in a 12 month period) ?
Will have 90M bottles per year capacity at Jasper by July.
Q: please refer to your notes and re-confirm that the reference to July is correct - as just last week, they confirmed to me that same number, effective May?
Will give better guidance than 70-100M in a late January conference call
Q: by better do you/they mean
- a more accurate or more tight range; or
- better as in higher?
Would really appreciate anything you can add, on these 3 points. Tia, Don.
1 - seems just to be a projection based on potential sales from 8400 machines - I would suspect it is the 12 mo pd. (I cannot listen to it again without falling into a coma). I no longer have my notes and they were not great to begin with.
2 - the date is July
3- "better" I take to be more accurate.
Whatever, it did not have much positive impact on the stock and the full conference call is tomorrow and I am sure they will clarify everything. Or not.
Anyone else want to listen and give their 2 cents?
Chinese Proverb: He who go through airport turnstile sideways is going to Bangkok.
- I cannot listen to it again without falling into a coma.
I will go get some shut-eye, with a smile......
I listened to the CC of today and made some calculations for 2006 and 2007 revenues. Here are the results:
2006: Revenues (domestic only) 51,75M
2007: Revenues 67,5M (Assumption that there is no increased capacity)
How did I get these numbers?
2006
Q1:
Production: 3x 2,5 (units/month)= 7.5M * $0.75 (price/unit) => 5,625M
Q2:
Production: 4,5M(april)+5,5M(may)+6.5M(june)= 16,5M * $0.75 => 12,375M
Q3 and Q4:
Production: (7,5M *3) * $0.75= 33,75M
= 51,75M.
2007:
90M units/year * $0.75= 67.5M
If they can get more production from the hood facility revenues might reach 142,5M.
These numbers are only for domestic production (don't know the revenues from international sales) and based on a $0.75 price/bottle.
Numbers for 2006 will be in the lower range of 70M - 100M, which I already supposed, but they're better than I had calculated before.
i have almost 50% of my port in brvo, so i enjoy selling above 70s and buying in 50s i have just been able to buy more in the 50s then sell in the 70s i have a trigger at 75. I have no fear. i will never sell it all. I want BAGS. Im sure i can get them some where faster, but i dont know where and im not going to try to go looking. I still have confidence in this one. It sounds like im getting to be by myself thou. that is fine, i wont have you guys around to scare me off from the last 50 drop. so many messages about it going to .25 did put doubt even into me. Alteast i held it and sure enough, like CEO said, it will come up and it did. GL fellows. and by the way, im back in the states, so going to look for one of these slammers now :)
Nice to here your safely back home Puenthouse. Good luck on your BRVO endeavours. I got out when David turned sour on the stock.
I'm still holding about 20% of my portfolio in BRVO. And, still believe it will be a winner! There still are a few left holding. In @ .54 .56 and .64 Holding for the long term.
Fre, I like your work (applause)! I more or less did the same number crunching. But I went further, with share valuations based on PER and Price/sales ratios.
Here is what I got: PART 1 of 2:
Q4/2005 Q1/06 Q2/06 Q3/06 Q4/06 12MOS 06 12 MOS 07
mill LO HI
SALES 5.85 6.84 10.02 15.92 21.22 54.00 85 170
GP % 27
GP $ 14.58 22.95 45.90
SGA 10.8 15.0 20.0
EARNS 3.78 7.95 25.9
EPS* $0.015 $0.032 $0.10
PER 40 implies a stock price of $0.60 $1.28 $4.00
ASSUMPTIONS:
total Capacity capacity utilized at mills of units Revenue $mill*
2005: OCT 2.5 2.67
NOV 2.8 2.25 (90% of capacity prev/month)
DEC 3.0 2.52
Q4 7.44 (extrapolating sales/unit of $.786) $5.85mill
2006 JAN 3.3 2.7
FEB 3.3 3.0
MAR 3.3 3.0
Q1 8.7 $6.84mill
APL 3.3 3.0
MAY 7.5 3.0
JUN 7.5 6.75
Q2 12.75 $10.0mill
JULY 7.5 6.75
AUG 7.5 6.75
September 10.0 6.75
Q3 20.25 $15.92mill
OCT 10.0 9.0
NOV 10.0 9.0
DEC 10.0 9.0
Q4 27.0 $21.22mill
2006 12 MOS $54.0 mill
2007
LO 10.0/mo $85.0mill
HI 15.0/mo 170.0mill
Sources:
GP margin %: see Q3 2005 GP is $.884mill/sales $3.245mill = 27.24%
SGA = Selling General & Admin Q3/4 $2.7/qtr = $10.8 per year
2006 Lo - guesstimate
2006 Hi – guesstimate
To compute value, via PER; I used a Treasury-based total stock issued of 250mill.
jan 2007 - by then, for sure, they will have bought themselves 100% more plant filling capacity (15mill/month) than they will have at May 2006 (7.5mill/month).
Here is what I got: PART 2 of 2::
when I use the term Treasury-based total stock issued of 250mill., by that I mean that you must allow for dilution for unissued stock which is obligated to be issued, but you also have to allow for the monetary value of what will come in to the company's cash chest (the share proceeds). You cannot mix cash dollars and shares. What you do is to add the number of shares to the existing number of issued and paid for, and then you deduct from that subtotal, the value of the cash received, expressed as units of shares. 250mill is the number which the company mgt. refers to, currently.
My alternative valuation model was to apply what was commonly observed in other public companies as a range of share price expressed as a relationship to the factor you get when you divide the total revenue by the number of shares (Sales/Revenue per share). The relationship, as most of you know, is known as the Price to Sales Ratio.
Quite frankly, I have had difficulty finding small caps in the beverage industry.
So, I settled on a range of ratios, viz: 1.5/2.5/3.0
Here is what I got:
If share cap issued, is 250million
If sales in 2006 are 54 mill, price to sales is 1.5 stock value is 81mill or $0.32 per share
If sales in 2006 are 54 mill, price to sales is 2.5 stock value is 135mill or $0.54 per share
If sales in 2006 are 54 mill, price to sales is 3.0 stock value is 162mill or $0.65 per share
2007; 108mill x3 = 324mill Divided by 300 mill shares* = tops value based on 2007 projected sales will be $1.08
* I am assuming BRVO will have to issue 50mill to finance working capital needs, receivables, prepaids and capital payments or whatever to a Hood, to achieve a 100% increase in production capacity. Would love to see some discussion of Fre's and my projections.
Disclaimer: these are my numbers and are purely speculative musings, using my professional experience, sure...But do your own due diligence and do not trade on these postings. Don.
Nice work, Don ! applaud.
Added more today in anticipation of a run into the call at the end of the month.
Will probably sell right before the call. This is a play on the buy the rumor and sell the news again.
They still have not announced a time and date.
I expect 72-80 range into the call. Movement beginning when they announce.
We will see.
Jeff
Quote from: fill_the_gap on January 17, 2006, 11:48:51 AM
Nice work, Don ! applaud.
Added more today in anticipation of a run into the call at the end of the month.
Will probably sell right before the call. This is a play on the buy the rumor and sell the news again.
They still have not announced a time and date.
I expect 72-80 range into the call. Movement beginning when they announce.
We will see.
Jeff
Same plan here. Bought at 0.61 (while ago) and expect around 0.80 before the CC.
Then I'll sell. Will buy back at a lower price.
offtopic: #@#@#@!! Windows XP. I had just drafted a 20minute post and my screen went into freeze. Lost all. Lucky I'm the placid type.
Here we go again:
a revised summary of my stock valuations work, using my Lo and Hi (and the average thereof) 2007 Revenue projections:
Valuation using the price-to-sales ratio basis: I use a P/S ration of 3.0. The hottest beverage stock HANS (ok its an energy beverage, so not strictly comparable) has a P/S of 7
2007 preliminary calc. was a value of $1.08.
How? 108mill x3 = 324mill Divided by 300 mill shares = my value based on 2007 projected sales is $1.08
2007; secondary calculations (Jan 17 2006)
The Lo: 85mill x3 =255mill divided by 300 mill shares = $.85
The Hi: 170mill x3 =510 mill divided by 300 mill shares = $1.70
The average: the average between my revenue hi and lo estimates is 85+170=255mill divided by 2= 127 mill. X3= 381mill divided by 300 mill shares = my value based on 2007 projected sales is $1.27
Summary: whether one uses PER, or P/S as a valuation basis, one is future gazing - which is about as useful as just guessing. So, my guess is, based on a P/S valuation approach, that the market should value the stock at somewhere in the range of $1 - $1.50.
Leaving aside my PER based- valuations, I believe that it is foolhardy to be targetting a $4-5 stock price , at this early unproven stage in the new directions which company's is taking. Don.
Just added quite a bit as it met the lower end of the range on light volume.
Pending unexpected news, BRVO will rise into the call at the end of the month.
BRVO is relatively predictable about running into each call.
Buying before they announce the date and time.
[email protected]Some have asked for the CEO e-mail to ask what the time and date will be for the end of month meeting.
Does not hurt to ask.
Quote from: puenthouse on January 13, 2006, 03:37:49 PM
i have almost 50% of my port in brvo, so i enjoy selling above 70s and buying in 50s i have just been able to buy more in the 50s then sell in the 70s i have a trigger at 75. I have no fear. i will never sell it all. I want BAGS. Im sure i can get them some where faster, but i dont know where and im not going to try to go looking. I still have confidence in this one. It sounds like im getting to be by myself thou. that is fine, i wont have you guys around to scare me off from the last 50 drop. so many messages about it going to .25 did put doubt even into me. Alteast i held it and sure enough, like CEO said, it will come up and it did. GL fellows. and by the way, im back in the states, so going to look for one of these slammers now :)
Very nice to know you're back home puenthouse, congratulations :D
Fré, snowcat, don and fill_the_gap are doing great research on BRVO.OB, so this continues to be the best thread on BRVO.OB (thanks :-*). My timing for selling the stock was awful.
I'm still waiting for that full year guidance the company promised. It looks like I was right when I said the company had 297 million shares outstanding on a fully diluted basis (market cap is 297*0.64 = $190M. Since the number of authorized shares is 300 million, I fear the company asks shareholders to increase the number of authorized shares.
I'll continue monitoring, I may buy back the stock higher than where I sold, if I have a strong motive to do it. For now, I'm still waiting.
Good luck for those still holding BRVO.OB ! (I'll keep this thread on this board, despite the stock is no longer at the Stocks on Fire Portfolio :'()
David,
Thank you for commenting.
It cannot be far from your sale price if you want to re enter without losing. ;D.
Anyway, I will only trade BRVO until they prove otherwise.
What is proven is that they rise into Conference Calls and then selloff within a range.
And then the process repeats.
Profiting as much as 20 % each time is working well as long as the proven range continues.
And until they do something significant, many traders are playing BRVO this way.
So I will never hold BRVO through a call again after taking a giant hit the last time.
I am not sure what they will say in the meeting.
But it is not what they say, it is what they do that matters.
=======================================
My e-mail correspondence with Roy today and his answer below.
=======================================
I understand, the release will come shortly. We are excited. Thanks. rGW
=======================================
--------------------------------------------------------------------------------
Sent: Wednesday, January 18, 2006 4:16 PM
To: Roy Warren
Subject: Re: Meeting...
Agreed,
Investors in OTC are often spoiled by dates being released a few weeks in advance of an event such as a conference call. Until you upgrade exchanges, the price will suffer without something to look forward to with OTC investors.
Just an idea as to why the price cannot build a base.
The OTC market is a different animal. It affects the long and short term investors alike. Because as you know, a stock under $ 1.00 takes a different kind of investor.
Your purpose seems to be to sell milk and not worry about this.
I can see the pps potential of BRVO. Building a loyal base is the way to go.
Missing quarterly expectations and keeping the investors guessing has hurt the price so far.
If a date was announced, it would run up to the date and probably build higher lows and higher highs. The inverse is true when a date is expected and announced too late.
Not a big deal, it will all work out in the end.
Thank you for listening.
----- Original Message -----
From: Roy Warren
Sent: Wednesday, January 18, 2006 2:57 PM
Subject: RE: Meeting...
Some minor news (I expect announcement of CC next week).
Bravo! Foods Announces Appointment of Two Senior Managers
January 19, 8:30 am ET
NORTH PALM BEACH, Fla., Jan. 19 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin-fortified, flavored milks, today announced two new management appointments to its operations team.
ADVERTISEMENT
Joe Librizzi has joined the Company as Director of Procurement and Supply Management. He most recently was with Slim Fast Foods, a division of Unilever plc, where he was responsible for all purchasing and supply management for Slim Fast's production plants in Tennessee and Arizona, as well as for eight co-packers. Prior to Slim Fast, Mr. Librizzi held senior financial management positions for various medical companies, including Thompson Medical Company, Mid Atlantic Medical and Schmid Products. Mr. Librizzi will direct the Company's purchasing and supplier relationships to control costs and provide co-packers with adequate and timely raw material supply.
Mike Comerford is Bravo!'s new Director of Operations. For the past five years he owned and operated M.J. Comerford Associates, a food broker business servicing the Northeast U.S. Prior to that, he was a Vice President and General Manager for Chiquita Brands, where he managed the consumer products division, including Chiquita juice products sold in grocery, convenience and club stores. Mr. Comerford also has held senior level sales, marketing and distribution roles with Everfresh Beverages Inc., Drake Bakeries and Sundor Brands. Mr. Comerford will manage the Company's co-packer relationships to ensure quality, efficiency and maximum productivity.
Ben Patipa, Bravo!'s Chief Operating Officer, commented, "We are very pleased to have Joe and Mike join the Bravo! team. As we continue to build our staff to best position the company for future growth, their expertise will be an invaluable component of our ongoing focus on controlling product costs and managing shipments to best serve our customers. We are delighted to welcome them both aboard."
Both Mr. Librizzi and Mr. Comerford report to Ben Patipa, and their appointments are effective immediately.
Thanks Fre.
Jeff, good em to Warren. I am not sure how to read his answer. Is he excited about all the sales mgt people he is hiring or is he excited about, as best as I can call it - reduced sales guidance for Q4 2005 and fiscal 2006. Like you, I am learning there is more money to be made by keeping on your toes, rather than just holding a stock like BRVO. Selling at 72 left me with my core holding. I had to pay 64.5 yesterday to get back in to a trading position.
I will return to the valuation of BRVO, using PER. I am just a bit swamped with some market moves right now. BRVO and NRI are my favourites. Don.
Bravo! Foods International to Host Investor Conference Call
PR Newswire - January 20, 2006 14:30
NORTH PALM BEACH, Fla., Jan 20, 2006 /PRNewswire-FirstCall via COMTEX/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milks, announced today that it will host a conference call on Thursday, January 26, 2006 at 9:00 a.m., EST, to discuss 2006 financial guidance and provide a business update.
To participate in the conference call, dial 877-407-9205. International callers, please dial: 201-689-8054.
This call will also be webcast by Vcall and can be accessed through Bravo!'s investor relations web site: http://www.otcfn.com/brvo or at: http://www.investorcalendar.com . A recording of the call will be available until January 27, 2006 at 11:59 p.m. To hear this recording, dial 877-660-6853 (International: 201-612-7415); enter account number 286; conference identification number 189527.
About the Company
Bravo! Foods International Corp. develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 United States, Great Britain and various Middle Eastern countries. Bravo!'s products are available in the United States and internationally through production agreements with regional aseptic milk processors and are currently sold under the brand name Slammers(R). Bravo!'s Slammers(R) products are available nationwide, in such popular chains as: 7-Eleven, A&P, Associated Grocers, Bi- Lo, Bruno's, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly, Ralph's, Safeway, Sam's Club, Shaw's, ShopRite, Speedway, SuperTarget, Unified, Waldbaums, Walgreens and White Rose.
Many of Bravo! Foods' Slammers(R) lines of shelf-stable, single-serve milk drinks are co-branded through exclusive partnerships with Masterfoods, a division of Mars Incorporated, Marvel Entertainment and MD Enterprises (Moon Pie(R)), providing superior name recognition packaged with quality, great- tasting drinks.
On November 1, 2005, Coca-Cola Enterprises, Inc. began distribution of the Slammers(R) Masterfoods line, as well as the Company's Slim Slammers(R) and Pro Slammers(TM) products, under a Master Distribution Agreement with Bravo!.
Forward-Looking Statements
Certain statements made during the presentation or in other written or oral statements made by or on behalf of Bravo! are "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's current expectations, beliefs, plans, estimates or projections relating to the future, are forward-looking statements within the meaning of these laws. These forward-looking statements are subject to a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: fluctuations in quarterly and annual results, incurrence of net losses, adverse effects of management focusing on implementation of a growth strategy, failure to develop and maintain the Bravo! brand and other factors disclosed in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward- looking statements in order to reflect events or circumstances that may arise after the date of this release.
Bravo! Foods International Corp.
11300 U.S. Highway 1, Suite 202
North Palm Beach, FL 33408
(561) 625-1411
Company Contact
Jeffrey J. Kaplan, Chief Financial Officer
(561) 625-1411
Investor Relations Contact:
Integrated Corporate Relations
Kathleen Heaney (203) 803-3585
Amanda Mullin (203) 682-8243
SOURCE Bravo! Foods International Corp.
Jeffrey J. Kaplan, Chief Financial Officer, Bravo! Foods International Corp.,
+1-561-625-1411; or Investor Relations, Kathleen Heaney, +1-203-803-3585, or Amanda
Mullin, +1-203-682-8243, both of Integrated Corporate Relations, for Bravo! Foods
International Corp.
http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved.
--------------------------------------------------------------------------------
I expected Bravo to go up on the news mentioned by Jeff above, but instead it kept going down. I'll sell tomorrow with a small gain or loss. Sad that I didn't take profits when it was 0.72.
If the support holds, I'll probably buy back around 0.52-0.54. But I expect a big drop.
Good luck guys!
Fre,
The recent trading makes little sense. But so does life and the market.
It has risen into recent calls. Perhaps my BRVO call with the CFO is being realized. The numbers may be out of reach due to capacity.
People want to see confirmation of the numbers before deciding.
In the past, BRVO has missed expectations. But this CC is not a filing call. It is a voluntary forecast. So not sure why it is selling off. But the volume has not been huge.
The (convenient) news today tells the story for today.
This is the similar PIPE financing that EYII dealt with on a larger scale.
BRVO dealt with these people in the past. They are in a private placement deal and we hope none of the PIPE issues pertain to them now. Either way, the article did not help in mentioning BRVO.
The problem with PIPE deals are that the Private investors can short the position.
Therefore, they make money keeping it within a range (selling short and going long, then repeating the process). I addressed this in detail on this thread as well as the EYII thread.
I still would not have guessed that BRVO would be over 70 and drop as the Conference Call gets closer? ??? I can see right after the call, but heading in is not typical.
The news today took it down. Being mentioned with these people is Toxic.
And there is no way to plan when news like this may hit.
I will hold until the end of the day to try and get some back and then evaluate after the call.
http://www.thestreet.com/_yahoo/stocks/brokerages/10263382.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
whilst looking for Bravo PIPE financings, I came across this (see below). My purpose in posting is is to ask the forum if anyone knows does Bravo still have financing notes/debt/convertible with these guys? I will check my old records from 2005 and post if I find anything.
Yesterday's 3 cent loss was regained in after market trades. Don.
Brokerages/Wall Street
Bawag: Austria's Master Plumber
By Matthew Goldstein
Senior Writer
1/24/2006 7:20 AM EST
URL: http://www.thestreet.com/stocks/brokerages/10263382.html
In a shadowy corner of Wall Street where cash-strapped companies go begging for their lives, one foreign bank stands out, both for the scope of its involvement and the measures it has taken to conceal it.
Over the last nine years, Bank fur Arbeit und Wirtschaft, or Bawag, the Austrian financial group best known for its ties to Refco, has quietly become a key player in an obscure but booming market where public companies seek last-ditch financing via private placements of new stock. Known as public investment in private equity, PIPE offerings have grown from a backwater into an $18 billion-a-year financial frontier dominated by hedge funds and other sophisticated players.
Even by the murky standards of the PIPEs market, Bawag's role is hard to pin down -- and that appears to be by design. Austria's fourth-largest bank uses a network of foreign hedge funds and a small New York investment firm to do its bidding in PIPEs, rarely linking its name to any transaction even though its fingerprints are stamped on scores of them.
TheStreet.com has found that Bawag is either a significant investor or controlling shareholder in at least four foreign hedge funds that are active players in the PIPEs market: Alpha Capital, Austinvest Anstalt Balzers, Austost Anstalt Schaan and Celeste Trust, all of which are based in the tiny European country of Lichtenstein. Bawag also has a financial interest in LH Financial Services Corp., an obscure New York investment firm that has sunk more than $70 million over the past two years into about 150 different PIPEs deals, almost all of them penny-stock companies.
In 2004, LH Financial was the second most prolific PIPEs investor in the country by transactions, placing money in 102 different deals, according to PlacementTracker, a research firm. The pace slowed in 2005, when LF invested in about 45 deals -- still good enough to rank in the U.S. top 10.
Bawag officials did not respond to telephone calls and email requests to comment for this story.
TheStreet.com established the bank's financial ties to the four hedge funds and to LH Financial after reviewing numerous regulatory filings and court documents and talking to people familiar with Bawag and the PIPEs market. (For more on how Bawag's activity was discerned, see this sidebar.)
In the U.S., Bawag is best known for its dealings with Refco, the New York commodities brokerage that imploded four months ago in an accounting scandal allegedly orchestrated by its CEO. Bawag once had a minority interest in Refco and made a $410 million loan to the CEO, Phillip Bennett, just hours before the broker disclosed that Bennett had been hiding hundreds of millions of dollars in customer trading losses for years.
But there's another side to Bawag's relationship with the fallen brokerage. All four hedge funds affiliated with Bawag were once customers of Refco, and Refco helped each resell some of the cut-rate shares they acquired in PIPEs deals. Two former Refco brokers who worked closely with the Bawag funds are being investigated by securities regulators on allegations they engaged in manipulative trading on behalf of another entity.
Most of what can be gleaned about Bawag's behind-the-scenes maneuvering in the PIPEs market concerns LH Financial, a 10-person firm with a prestigious Central Park South address. LH Financial, which is not registered as a brokerage or investment adviser, exists almost exclusively to invest in PIPE deals of $5 million or less.
Founded in 1997, LH Financial is led by Solomon Obstfeld, who is listed in some telephone directories as being a rabbi. Obstfeld didn't return several phone calls or respond to email inquiries.
In 1990, Obstfeld got caught up in a government sting that exposed brokers who allegedly used other people to take a licensing exam for them so they could work in the securities industry. Obstfeld, charged with a misdemeanor, paid a $5,000 fine and was sentenced by a federal judge to a year of probation.
LH Financial also has ties to Martin Schlaff, an Austrian billionaire who is one of Bawag's biggest individual customers. Schlaff is a partner with Bawag in the Alpha Capital hedge fund, along with other business ventures. A relative of Schlaff's briefly worked at LH Financial.
Schlaff has his own colorful history. The Jerusalem Post recently reported that Schlaff is being investigated by Israeli authorities over allegations he paid $3 million in "bribes'' a few years ago to family members of ailing Israeli Prime Minister Ariel Sharon to promote his business interests in Israel. Authorities suspect that some money may have been wire-transferred from accounts at Bawag.
It's easy to see why Vienna-based Bawag, which was founded in 1922 and has more than $50 billion in assets, would want to shield its role in the PIPEs market, given the unsavory reputation the deals have earned and the sketchy backgrounds of some its big players. Critics say PIPEs are particularly susceptible to abuse by unscrupulous short-sellers -- traders who place market bets that a stock will decline in price -- because they usually involve the sale of stock at discounted prices. The stock of a company announcing a PIPEs deal almost always declines as the market adjusts to the influx of new shares and the likelihood that they will be sold for a quick profit.
In light of those traits, U.S. securities regulators have been conducting a sweeping investigation into the PIPEs market for the past two years, looking for manipulative trading, especially in deals involving penny stocks. To date, the inquiry has resulted in only a few enforcement actions against a handful of small hedge fund managers. But more regulatory actions are on the way, including possible sanctions against Knight Capital (NITE:Nasdaq) and Friedman Billings Ramsey (FBR:NYSE) , plus a number of big hedge funds.
One thing regulators are looking for are instances in which an investor learned of a pending PIPEs deal and shorted the issuer's shares before it was publicly announced. Unlike the sale of discounted shares, this practice is flatly illegal, and it has resulted in enforcement actions over the last two years.
There's no indication that Bawag, the four hedge funds or LH Financial are in trouble with regulators. But over the years, a number of private litigants have filed at least six lawsuits raising allegations of fraud and stock manipulation against some of the Bawag-related entities; Bawag itself was never named as a defendant. Most of those lawsuits have been either dismissed or discontinued.
One instance in which Bawag's behind-the-scene activities became a point of controversy is a bankruptcy proceeding for Mooney Aerospace (MNYG:OTC BB) , a San Antonio manufacturer of small, single-engine planes. In that litigation, Paul Dopp, a former Mooney CEO and creditor, has claimed that LH Financial and Alpha Capital never disclosed in regulatory filings that they were acting in concert with Bawag to provide financing to the company.
The bankruptcy judge referred some of Dopp's allegations to federal prosecutors in San Antonio in August 2004. There's no indication prosecutors have seriously purused them.
Notwithstanding the court victories, the Bawag-affiliated entities keep some curious company.
The hedge funds -- Alpha Capital, Austinvest Anstalt Balzers, Austost Anstalt Schaan and Celeste Trust -- were once customers of two former Refco brokers, Matthew Drillman and Jacob Spinner, who were implicated in one of the first manipulative PIPEs trading cases ever brought by securities regulators
The Securities and Exchange Commission has never publicly identified the brokers, nor charged them with any wrongdoing. But people familiar with the inquiry confirmed their identities. The SEC, sources say, is continuing to investigate allegations that the brokers, working at the behest of an investment firm called Rhino Advisors, engaged in manipulative trading on behalf of Amro International, a Swiss hedge fund.
Michael Bachner, an attorney for Spinner, declined to comment on the investigation. Michael Sommer, the lawyer for Drillman, did not return several phone calls. Both men are currently brokers with Pond Equities, a small firm in New York.
Amro is now largely inactive. It hasn't appeared in a PIPEs deal for several years. However, for a time, Amro was investing in many of the same deals as the Bawag affiliates. In at least one PIPE, a financing for Bravo Foods International (BRVO.OB:OTC BB) , Amro and Austinvest are described as having a "common investment representative.'' That investment representative was Rhino Advisors.
There's nothing to indicate that Drillman and Spinner ever engaged in any improper trading with regard to the Bawag-related hedge funds. Still, there is ample evidence the brokers were willing to go to great lengths to please their customers.
In January 2002, Drillman and Spinner wrote a "letter of reference'' on Refco letterhead for Alpha Capital. The letter, which is part of the court record in the Mooney bankruptcy, was designed to persuade officials at the aircraft company of Alpha Capital's good character.
"We suggest that you should feel comfortable in your dealings with Alpha Capital with respect to the integrity of those who speak on its behalf as well as with respect to its ability to perform on its financial obligations,'' the brokers wrote.
In the letter, the brokers also noted that Alpha Capital was "jointly owned by the Bank fur Arbeit und Wirtschaft'' and "a group of well regarded high net worth individuals.'' They added that Alpha Capital was formed by individuals "involved in similar investment vehicles,'' and that Refco had worked on transactions for these individuals totaling more than $100 million.
Of course, writing a glowing letter for a customer is a far cry from what regulators suspect Drillman and Spinner did for Amro, according to sources and investigation documents. Regulators are looking into allegations that the brokers helped arrange a series of illegal short-sales for Amro after the hedge fund invested in a $3 million PIPE deal by Sedona (SDNA.OB:OTC BB) , a small Pennsylvania software company.
The SEC's investigation into improper trading by Amro has been going on for more than four years and is the spark that ignited the broader regulatory inquiry into manipulative trading in the PIPEs market.
The first big development in that investigation came in 2003, when the SEC reached a $1 million settlement with Rhino and its president, Thomas Badian, charging them with "directing a series of manipulative short sales."
Regulators say the shorting was illegal because Amro had signed an agreement not to short shares of Sedona as part of the PIPE transaction, even though the price of the company's stock was expected to decline after the deal's announcement. The deal was structured so Amro would get more shares from Sedona as the price of the stock dropped. Amro, which has never been charged by the SEC, benefited from the brokers' actions because it got a ready supply of stock from the deal to cover the illegal short bets.
But the Rhino settlement didn't end the SEC's investigation. Just as Refco was set to go public in a big $583 million IPO last August, regulators notified the brokerage that it was planning to sanction Santo Maggio, the firm's former president, for failing to properly supervise two "former brokers who handled the account of Amro International.''
Maggio reached a tentative settlement with the SEC to serve a one-year suspension from some of his duties at Refco, but then the accounting scandal at Refco broke wide open in early October. Within days of the revelation, Maggio was gone.
People familiar with the Amro matter say Maggio was aware that Refco brokers were doing trades for the Bawag affiliates. On at least one occasion, these people say, he discussed the trading and payment of commissions with a top Bawag executive. Scott Hershman, one of Maggio's attorneys, declined to comment.
To be fair, Maggio wasn't the only executive at Refco pushing the broker to work with the Bawag-related hedge funds. Another was Thomas Hackl, a former Refco vice president, who joined the brokerage in 2002 after 11 years as head of investment banking at Bawag.
During his tenure at Bawag, Hackl came to know the hedge funds well. His name often appeared in early regulatory filings as the contact person for Austinvest, Austost and Celeste.
None of those filings, however, ever linked Hackl to Bawag.
if anyone knows does Bravo still have financing notes/debt/convertible with these guys? I will check my old records from 2005 and post if I find anything.
What follows comes off the 2004 Annual Report:
10K RE 2004 ANNUAL REPORT:
Current liabilities: 2003 2004
Note payable to International Paper $187,743 $187,743
Notes payable to Alpha Capital 100,000 217,954
Notes payable to Mid-Am Capital LLC 150,000 111,262
Notes Payable to Libra Finance - 40,106
Notes Payable to Longview - 54,086
Notes Payable to Stonestre - 47,014
Notes Payable to Whalehaven - 17,082
Notes Payable to Bi-Coastal - 13,649
Notes Payable to Gem Funding - 8,231
License fee payable to Warner Brothers 147,115 147,115
Note Payable to Gamma - 59,678
Note Payable to Momona - 25,885
Note Payable to Ellis - 25,885
I will pay close attention to tomorrow's conference call from BRVO.OB. If I don't buy back the stock soon I'll have to remove this thread to the «3 SOF Previous Picks» message board.
I wonder which one will break first?
Re; my post of the same article which Fillthegap was referring to. Excuse me for double posting the same 'news' - my screen did not display his quote of the same article.
Mostly crap if you ask me. Just wonder who is keen to stick the knife in at this point. Anybody got any dirt on the author, (By Matthew Goldstein) or has he a legit reputation.? Don.
Bizarre trading on Level 2 to say the least. ???
Quote from: fill_the_gap on January 25, 2006, 03:44:03 PM
Bizarre trading on Level 2 to say the least. ???
Can you explain what happened?
Fre,
I have no idea which way it is headed. The trading has been unpredictable.
Guess is the same as before. The people that did the funding can play with the price. They can make money selling short and going long with BRVO shares. All the while they are hedged with the initial purchase at 50 cents. This is how they make alot of money. And this is why the public is hesitant on private placements. The PIPE article explains what kind of players are in this arena. No restrictions are on the shares for selling and/or shorting.
Many questions that still may not be answered after tomorrow. We need to see the results because they can say whatever on a call. And they missed the past 2 quarters so trusting the management is also an issue.
asked Jeff K for info about shareholders like Alpha Capital, are they still there: his answer was,
we do not comment on our shareholders except as required in SEC filings..
I accept that position. But, I would sure like to know who they did the Dec 2005 PIPE with. Why are there no details disclosed, at Yahoo Finance, re: Major Holders? Is there not some legal obligation to disclose to whom you have sold such a large % of shares to? Don.
I would appreciate if someone would post what the stock 's technicals indicate....that is why I am here!! It is all very well for fellow 3SOFclulbbers to posit - which way will it go? What I want are TA opinions.
As a fundamentalist: here is my take on the CC.
Remember to do your own DD!!
As a fundamentalist, I liked what this call told me. Quick recap as to why I am buying, if I can get it at bargin (my spellchecker needs to be replaced?) prices (remember, I value it at .6o cents, since it was PIPE'd at .50 and it was warranted at .80).
its midnight, so I have to be brief:
listened to the cc: very impressed with the candor displayed in the responses. No flimflam noted.
New news:
1. Capacity will continue to be,probably, their biggest restricting factor to growth
2. talking to Hood, nothing firm but 'we are moving on down this road'.
3. new Federal approved dairy filling plants will be coming on stream in early 2007 (= new sources of production) ;
4. BIG news is a new license to use the Snickers franchise. As Cliff put it, this is one of the most recognized major taste franchises in NA.
5. Revenue guidance for Q4 2005 , not discussed, yet I noted, according to my notes a remark that stated:
that Q4 2005 should be $6-7 mill.
6. Revenue guidance for 2006: now refined, at 70-80mill.
May lay off international (UK/Mex/Arab) sales expansion efforts. Why? no capacity, so why waste resources.
If Domestic (US + Can) do not top out, revenues could reach 70mill.
If do top out, 100mill.
7. End of Feb, 2006 we will get more accurate/BOD approved revenue guidance for 2006 plus early estimates for 2007.
8. to discover a discussion of what appears to be impressive (within 60-day results) store penetration levels, in Florida by CCE, listen to the cc. Don.
I listened live and something to note was in the question and answer portion. Someone asked if Hood was factored in to the narrowed guidance. And Roy said it is sort of factored in or something along those lines.
He did not say how much of the guidance factors in Hood helping with capacity.
Roy is the king of overpromising and underdelivering. In this case, if they factor alot of hypothetical revenue in a Hood deal and it does not come to fruition, then the forecast is again too high. I would rather them be realistic and then come in in line or better than expected.
I am not in BRVO at this time and will not buy until they prove the talk with real numbers.
Plus, they will need future financing as all of the shares have been used in current deals.
Technically BRVO.OB has an important support at $0.52 and an important resistance at $0.73.
I didn't listen to the conference call but I'll do it by night. Then I'll decide to buy at support or not.
I'm glad that apparently they didn't discuss the number of authorized shares and that they kept the revenue guidance at about the same place. Any talk about profits?
Thanks !
Technically BRVO.OB has an important support at $0.52 and an important resistance at $0.73.
David, Thanks for that - very, very useful.
Any talk about profits?
My notes show Jeff Kaplan commenting that:
2nd half of 2006 will be cash flow positive;
Q4 2006 is forecast at $25mill. (his words: Q4 2006 annualized will show revenues at $100 mill.)
In an earlier conversation, he commented that, since the companys financial presentation shows some of what could be classified as direct costs below the gross margin line, it would make sense to value the company on a stock price/sales multiple. I know, you get the same net, regardless of where you put the direct costs. But for my own reasoning, I do anticipate the company will be valued on this same basis by the market. Don.
After reviewing 3 pages of notes I made on the conference call, I have updated my valuation work.
OVERVIEW: I value this stock at a range of $1.00-1.20 call it $1.10
This is an unscientific mixing of my 2006 and discounted 2007 stock valuations,where I used 2 valuation methods, PER and P/S.
12mos 2006 new 12 MOS 2007
LO HI LO HI
SALES $70 80 100 170
GP % 27
GP $ 18.9 21.6 27.0 45.90
SGA 14.0 16.0 18.0 20.0
EARNS 4.9 5.6 9.0 25.9
EPS* $0.0179 $0.0224 $0.036 $0.10
PER 40 implies a stock price of $0.72 $0.89 $1.46 $4.00
I do not like doing a valuation using PER.
It looks awfully high.
I would rather use PEG.
Which, I suspect, because of the extraordinary growth which I am estimating, would probably give a similar stock value to the ones above. But I still do not have the time, right now to do a PEG based valuation for the 4 revenue scenarios.
Assumed: share cap issued is 250million
P/S method:
If sales in 2006 are 70 mill, price to sales is 3.5 stock value is 245 mill /250mill shares = $0.98 per share.
If sales in 2006 are 80 mill, price to sales is 3.5 stock value is 280 mill /250mill shares = $1.12 per share.
Incidentally, Bravo says that they will complete their updated 2006 operating budgets and their preliminary updated 2007 revenue forecasts within the next month. Consequently, when that information is published, if it bears out what I am forecasting, I would imagine the stock price will rise to reflect it. Of course, who knows what valuation base the market will give to those 2006 and 2007 revenue and profit numbers! Don.
I just received Roy Warrens answer to my question;
the Snickers deal with Mars/Masterfoods in in process, the flavour developed by Bravo has been approved by Mars, but the paperwork will not be completed for a while. As a consequence, they are being cautious about issuing a NR until the t's are crossed, etc. I regard this as a major deal to have been landed. Can you imagine what would have happened if Nestle had grabbed this taste franchise first??...and I anticipate that once the NR is released, it should attract a lot of (good) publicity. The key area which is unresolved, continues to be plant filling capacity. Don
www.streetinvesting.com: Begins Research on Bravo! Foods International Corp.
Friday , January 27, 2006 03:28 ET
Jan 27, 2006 (M2 PRESSWIRE via COMTEX) -- Streetinvesting.com has recently placed Bravo! Foods International Corp.(OTCBB:BRVO) into our, "Stock of Interest" portfolio; after taking note of recent elevated corporate activity this week despite share prices falling over 5% Thursday. After taking note of this and reviewing the explosion that share prices exhibited at the beginning of summer in 2005, our research team has begun phase one of its examination and have decided, to follow the Company's progress through the summer of '06. Streetinvesting.com strives to bring true growth opportunities directly to its valued subscribers. Our strength lies in finding these undervalued and under-marketed companies and delivering our research in a timely manner. Streetinvesting.com will be tracking this company attentively for the subsequent weeks and keep interested investors and shareholders posted on any new findings and behind-the-scenes update. For a complimentary and comprehensive report on our current analysis and opinions, please visit www.streetinvesting.com for a free membership subscription.
Bravo! Foods International Corp. has become a leading brand development company by bringing to market products that are a surprising, nourishing experience. The Company currently licenses, markets and distributes products throughout the United States, Puerto Rico, the U.S. Virgin Islands, Mexico, Canada, Great Britain, and the Middle East.
Bravo! is expecting to secure a primary position in the $2 billion single-serve flavored milk industry with its, "Slammers" brand. One of the Company's key strategies is to lock licensing agreements with established food sector giants including; Masterfoods USA, the confectionery and the snack food division of Mars Incorporated. Once, and if this is achieved, the Company hopes to produce, market, and sell Slammers, Milky Way reduced fat chocolate milk, Slammers 3 Musketeers low fat chocolate milk, and four flavors of Slammers Starburst fruit & crme smoothies.
In addition, the Company has a licensing agreement with Marvel Enterprises Inc., to utilize its world-famous Super Heroes as product ambassadors for its Ultimate Milk Slammers. Some of these characters include the widely known Spider-Man, Wolverine, Incredible Hulk, Daredevil, Electra and Captain America. Bravo! is also building its Slammers brand with non-licensed products, including Pro Slammers flavored milk, "slammed" with double shots of protein and Slim Slammers with 1/2 the fat, carbs and calories of other flavored milks.
Bravo! has also been successful in securing a licensing agreement with MD Enterprises to produce Moon Pie flavored milk.
Currently Slammers can be found at 30,000 retail and convenience store outlets nationwide. Some of these chains include the popular; 7-Eleven, A&P, Associated Grocers, Bi-Lo, Bruno's, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly, Ralphs, Safeway, Sam's Club, Shaw's, ShopRite, Speedway SuperAmerica, SuperTarget, Unified, Waldbaums, Walgreens and White Rose chains.
The company feels its future opportunities have been....
To continue with the more in-depth analysis, please visit www.streetinvesting.com for a complimentary subscription to access this report and other related articles.
anybody is a subscriber?
nice rebound today!
;) Thanks for this little infomercial on BRVO. 8) The pop in the stock is probably coming after this announcement was released... I hope they have a loyal base ;D that can trigger some movement and excitement for Slammers...
I am in at $.52 in one account and .65 in another. I got caught up in the October excitement... I will hold for now.
Let the dice roll
I went to our local BI- LO store in Charleston and discovered they have stopped selling Slammers. They used to take up more space than any other flavored milk and sold all flavors. Couldn't find out any info as it is Sunday.
Not in now but watching.
Same here. Gone at my local Safeway. Used to have tons of 3-packs and singles but now everytime I go, there's nothing. Same thing at my neighborhood gas station. It might be due to their supply problems.
I could not find any at Ralph and walgreen at my local stores. I dont buy that there is so much demand that they can't meet that. Infact there are lot of other products. I am curious just whats going on.
I checked all of middle Tennessee for the product.
The only place that has it is Walgreens.
All they have had for months are the Starburst Slammers on the 2nd from bottom shelf.
These Slammers are too sweet for me and not healthy enough for my kids.
I e-mailed Roy and he said that Kroger carries the product. I asked him where and he could not tell me which stores. But he said my city has it for sure. I checked 13 Krogers in my city and the surrounding cities and None have it. The managers also do not know of it ???
This bothers me that they advertise it being here and it is not.
The guy on the conference call expressed the same concern in California.
You'll have to check the stores where CCE distributes. Good luck ;D
All this is is BRVO diverting all their product to Coca Cola. Which means of course production problems.
Quote from: stocky on January 30, 2006, 09:24:34 AMI dont buy that there is so much demand that they can't meet that. Infact there are lot of other products. I am curious just whats going on.
These production problems have been discussed extensively in previous posts here and in the conference calls.
Repeating myself, quoting Jeff Kaplan from the CC:
Revenue guidance for Q4 2005, I noted, according to my notes a remark that stated: that
Q4 2005 should be $6-7 mill.
Ask your self, what would be your preference - that they have low sales and surplus plant capacity or vice versa? Of course it is a problem.
But, when you are in bed with the 600 pound gorilla, and you have minimum monthly volume obligations to meet, you can hardly say - not tonight dear, I have a head ache.
Jeez, boys and girls, let's not miss the forest for all the trees! Don.
I sent an email to Roy, to get some answers about a possible dilution.
This is his answer:
Unfortunately if I knew the answer to your questions I would be prohibited by SEC regulation from answering it. You can rest assured that we will do what is in the best interest of the equity shareholders. We were very fortunate to attract the SG Cowen firm as bankers and will rely upon their guidance should additional capital become necessary. Thanks. rGW
Interesting that this absence of product on the shelves should come up. I sent an email to Roy two days ago about that very issue. Here's what I sent:
WHERE HAVE ALL THE SLAMMERS GONE?
Greetings. I'm a stockholder and a fan of the product.
But...what's weird is that the product was all over the shelves at Ralphs's,
Von's and Albertson's here in Southern California...before the CCE deal. Just
before that deal inked, they all disappeared. I haven't seen a Slammer
in months (which is too bad, because I like the Milky Way and Three
Musketeers flavors!). What's the deal? Feeling a little nervous as a stockholder.
Here's what Roy replied:
Hi Michael, I am not sure why this could have happened. I am sure Mike
Comerford can update you on this and I am very sure that the timing of
CCE and the out of stocks are not correlated. We may have had some product
shortage but as far as I know we are still there. Mike will update us.
Thanks. rG
Have yet to hear from Mike Comerford. Makes me feel uneasy.
Fre, thanks for asking and posting Roy's response re possible dilution.
It is instructive to me to see you, David and Jeff use the term dilution, rather than the term increase in issued capital.. I am curious to know, do you distinguish between the two? I do.
To my way of thinking, if Bravo issues new shares, say 20 million shares at 60 cents and uses the funds to 'buy' additional filling capacity - then, that as a consequence would mean increased production, which should get sold (since there is already a critical product shortage, as posted here). Increased sales means increased earnings. Okay, you all know where i am going.
If increased earnings is divided by the increased number of issued shares - and that results in an increased EPS - as compared with not issuing shares.....then it is inappropriate to call that new issue a dilution. It is a share issue, nothing more - other than, to me, a wise management decision.
If as a consequence, the EPS decreases , then it would be correct to label that a dilutive share issue.
To clarify further, if you will all bear with me: if as a consequence of my rhetorical new issue of 20 mill. shares, the company receives cash which allows it to redeem convertible debt, using less shares than are redeemable; then again, that is not a dilution. It pains me to repeat myself - it is a wise management decision.
All imho. I am anxious to debate this. Anyone? Don.
News: Press Release Source: Bravo! Foods International Corp.
Bravo! Foods and Tabatchnick Fine Foods Team Up to Help America's Neediest
Friday February 3, 12:05 pm ET
Participation in USDA Program Includes Shipping of 4 Million Units of Nutritious, Shelf-Stable Milk to Thousands Through Faith-Based Organizations
NORTH PALM BEACH, Fla., Feb. 3 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milks, announced today that it has partnered with Tabatchnick Fine Foods, Inc. to ship 4 million units of high-quality, nutritious, shelf-stable milk to the USDA's National Non-Profit Humanitarian Initiative (NNHI) that benefits the nation's needy, as part of its production agreement with Tabatchnick.
The NNHI program works with faith-based non-profits across the country ranging from America's Second Harvest to the Salvation Army and Red Cross, in an initiative to feed the hungry and homeless and to assist in major national emergencies. The Initiative was first announced Sept. 17, 2003 and provides government surplus inventory of non-fat dry milk (NDM) to about 73 organizations that in turn deliver the non-fat dry milk nationwide. While NNHI helps meet the nutrition needs of the disadvantaged, the program also reduces surplus government stocks of NDM.
Specifically, Tabatchnick is selling Bravo!'s Slammers® Flavored Milk through the NNHI by supplying over 4 million units of 8 oz. fortified UHT milk. The product will be shipped nationwide through March.
Tabatchnick Fine Foods, a well-known family-owned business with more than 100 years' experience in the food industry, has established relationships with the USDA and its program partners nationwide. It has been selling high-quality and nutritious food products through a series of government Commodity Food Programs in schools for many years.
Bravo! CEO Roy Warren said, "We are pleased about this latest partnership with Tabatchnick and the opportunity for Bravo! Foods to help. We will continue to seek ways to work with the USDA in government-supported programs that allow us to bring more high-quality and healthier products to those who are most vulnerable. We welcome the opportunity to assist whenever we can."
Ben Tabatchnick, president of Tabatchnick Fine Foods, said, "We have a history of providing healthy, nutritious food to school hot lunch programs nationwide and this is a natural extension of that effort. If we can help those most vulnerable with quality products like Bravo!'s Slammers® Flavored Milk, we are delighted to do so and participate in such an important initiative."
Tabatchnick continued, "Teaming up with Bravo! we've been able to exceed expectations by providing a more nutritious alternative to traditional dairy products that have limited shelf life and require extended refrigeration."
Bravo! Foods and Tabatchnick Fine Foods have teamed up in the past on similar government-run initiatives. Together, they have sold millions of units of various Slammers® products through government programs across the country.
Ready for a rebounce?
Rsi nearly touching 30 and support at 0.53.
If wishes were pigs...
I wish I had the balls to do what Jeff did, sell at 62, on no movement up at the CC. Then I would have had some spare cash to be buying with, these past few days. Hoping some of you sellers did buy back in. Don.
hi brvo fans,
looks like this is heading higher, all the signalls are there. plenety of volume yesterday.
wonder if this will keep trading in a range to about 70+ and then come down again. needs some great news to propel it further than the 70s.
lets see,
maxi
But they need FDA approval. It could take a year or so. Not sure if this is good. Not the company that people expected to do a deal with. I do not like the contingencies and drawn out time horizon.
Plus, I am not convinced they will make numbers this quarter. My guess is it may run into the call and selloff like the last few quarters.
Too many (ifs) and large future numbers for me. They will need more financing before that, imo.
Bravo! Foods Signs Five-Year Manufacturing Agreement With Aseptic Solutions USA
PR Newswire - February 13, 2006 08:31
100 Million Annual Production Volume Commitment
NORTH PALM BEACH, Fla., Feb 13, 2006 /PRNewswire-FirstCall via COMTEX/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milks, announced today that it has signed a five-year production agreement for its various lines of shelf-stable, single-serve flavored milk beverages with Aseptic Solutions USA, LLC. Aseptic Solutions, a private company located in Corona, California, expects to receive approval from the United States Food and Drug Administration to produce aseptic low acid shelf-stable dairy products in HDPE plastic bottles by year-end. Upon receiving this approval, Aseptic Solutions will join only three low acid manufacturers in the United States presently authorized to produce aseptic low acid shelf-stable dairy products in plastic bottles.
Under the terms of the agreement, Bravo! has contracted with Aseptic Solutions to begin production, upon receipt of the FDA approval. Production is expected to commence in December 2006. The parties have agreed to an annual volume capacity of up to 100 million bottles and anticipate full production to ramp up quickly. The agreement also provides Bravo! with a right of first refusal for any additional production capacity Aseptic Solutions may bring online. The five-year commitment between Bravo! and Aseptic Solutions will begin from the date the FDA provides a "Letter of Non- Objection" to Aseptic Solutions.
Roy Warren, Bravo!'s Chief Executive Officer, said, "This production agreement is a milestone event for the Company as it substantially increases Bravo!'s contracted units capacity to close to 190 million units annually. "In addition," Mr. Warren commented, "the geographic location of Aseptic Solution's production facility on the west coast enhances our distribution capability as it compliments our current production capacity in the mid west.
Joshua Cua, Chief Operating Officer of Aseptic Solutions, commented, "We are excited about working with such an innovative company like Bravo!. We are looking forward to a long and rewarding relationship. Our advanced technology will provide Bravo! with state of the art microbiological and organoleptic applications for Bravo!'s already excellent products."
About Bravo! Foods
Bravo! Foods International Corp. develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 United States, Great Britain and various Middle Eastern countries. Bravo!'s products are available in the United States and internationally through production agreements with regional aseptic milk processors and are currently sold under the brand name Slammers(R). Bravo!'s Slammers(R) products are available nationwide, in such popular chains as: 7-Eleven, A&P, Associated Grocers, Bruno's, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly, Safeway, Sam's Club, Shaw's, ShopRite, Speedway, SuperTarget, Unified, Waldbaums, Walgreens and White Rose.
Many of Bravo! Foods' Slammers(R) lines of shelf-stable, single-serve milk drinks are co-branded through exclusive partnerships with Masterfoods, a division of Mars Incorporated, Marvel Entertainment and MD Enterprises (Moon Pie(R)), providing superior name recognition packaged with quality, great- tasting drinks.
On November 1, 2005, Coca-Cola Enterprises, Inc. began distribution of the Slammers(R) Masterfoods line, as well as the Company's Slim Slammers(R) and Pro Slammers(TM) products, under a Master Distribution Agreement with Bravo!.
About Aseptic Solutions USA
Aseptic Solutions is an entrepreneurial company that specializes in the formulation, development and manufacturing of shelf-stable aseptic high and low acid beverages. In November, the company completed a state of the art manufacturing facility and has developed several proprietary aseptic technologies through the support of its affiliate, Flavours, Inc. and Procomac Italy, who supplied the turnkey aseptic line.
For more information, visit: http://www.bravobrands.com .
Contact: Jeffrey J. Kaplan, Chief Financial Officer, Bravo! Foods, 561-625-1411
Investor Relations Contacts:
Integrated Corporate Relations
Kathleen Heaney 203-803-3585
Julia Heckman 203-247-7275
Forward-Looking Statements
Safe Harbor under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission.
SOURCE Bravo! Foods International Corp.
Jeffrey J. Kaplan, Chief Financial Officer, Bravo! Foods, +1-561-625-1411; or
Investor Relations, Kathleen Heaney, +1-203-803-3585, or Julia Heckman,
+1-203-247-7275, both of Integrated Corporate Relations for Bravo! Foods
http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved.
Good news. The cost for an agreement will be less.
But it's sure that revenues for 2006 won't reach 75M.
Good point, Fre - re lower cost.
Jeff, is there a general disenchantment with this co's prospects, at 3sof? I know they won't make their 2006 forecast. It is well known news that 2006 capacity is less than forecast sales.
Why am I inclined to feel happy rather than suspicious about a newly negotiated boost to 2007 production capacity? I would imagine that negotiations with Hood are ongoing....and may be long ongoing because, as has been pointed out earlier, Hood will try to seek to strike an expensive deal. The market dictates that available production is more expensive than future FDA dependent production.
If I was king and so on: I would tie up additional future production capacity, cheaply with a 3rd party, in order to be in a stronger position to negotiate with a Hood. With all due respect, are there any entrepreneurs on this thread?
Real Time trades OTC: 10.49am: 7,500 shares at .735.
Now why did my open sell at .72 not fill? Someone buying hit the wrong key I guess......Don.
With all due respect, are there any entrepreneurs on this thread? -Don-
----------------------------------------------------------------------------------------------------------
Don,
I am an entrepreneur. And I have owned a business for years. Being realistic is important. People look for actions to back up all of the talk.
Roy is not realistic. The worst part is that his CFO, Jeff, knows this too. Nothing anyone can do to reel this guy back in. Roy continues to promise the moon. Unfortunately, the market realizes this.
My opinion changed when the CEO kept falsely telling me that the product is in California and Tennessee. I spent a day calling around. Nothing except a few in Walgreens. And the Yoplait, Hershey's etc. name brands are preferred by the public. They are also blowing them away in sales according to some industry brokerage firms. More competitors have been entering the market. Yet Roy continues to tell me it is here and that I am wrong. Same story is being reported in other states.
Roy Warren has a history of promising the moon and Not delivering.
My guess is that this takes the place of the Hood deal. Of course, he will not want the public to believe this. Further dilution will come as they have used all 300 million dollars in deals.
But I have been wrong many times before, but you asked my opinion. I will not touch BRVO until they consistantly hit numbers and show up in areas that Roy claims product is being sold.
The news today about a deal that is a year out is negative, imo.
The CEO deals in fluff until he asks for more shares. This is my opinion after following BRVO closely.
All 300 million shares have been used for deals. They will need more shares to move ahead.
Hope you get your run into earnings. No way I would hold it into the call.
Good Luck.
Jeff and any other entrepreneurs whom I may have foolishly taken to task....excuse my sharp tongue. It is gonna get me in trouble one of these days. I had not assessed the lack of product, in certain states; contrary to what the CEO is stating. That is very suspicious indeed. I live in SE Asia, so I have no way of checking for myself. Since you have proven to be a credible and reasonable member here at 3SOF; your findings about lack of Roy's credibility has been a slap in the face. We have little else to go on, at times, despite the golden rule; to do your own DD. I got burned badly by believing the former CEO of Dimethaid who allegedly lied about FDA approval progress. Consequently, I value what you are saying. On its own, the NR is fairly innocent. The issue you have raised is, if you cannot trust the CEO 100% - how can you justify holding a high risk stock. I have tended to interpret Bravo's NR's with optimist. 'Tis true. and I am riding on with some healthy gains which I reinvested. Maybe it is time to reconvert the gains back to cash, again. Your open-mindedness is appreciated. I would ask for updates to be posted here on news of product availability. Don.
Don,
Thank you for the post.
BRVO does have a chance. CCE and Marvell, etc. are powerful names. The product is real as I sampled it at Walgreens. A large scale school program would be great.
But the CEO certainly does not have my trust so I can not hold it day to day in the portfolio.
That said, I have not written BRVO off as a company just yet. But I will wait for the lower end of the range to purchase and/or on a breakout AFTER earnings.
This is the only way I can play BRVO until they prove otherwise. If they can back up the talk with actions, I will be the first to jump back in.
-Jeff-
i guess someone at Bravo wrote this.
BRVO (0.57, +0.00, +0.5% ) , a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milks, has renewed and expanded its sponsorship with Cagnazzi Racing's NHRA Pro Stock Team and racing sensation Erica Enders. Last year, Slammers(R) Ultimate Milk sponsored the second half of the season. This year, Slammers(R) Ultimate Milk will be the primary sponsor of Enders' Chevy Cobalt Pro Stock racer for the full 23-race 2006 season, building on what was started in 2005.
The 22-year-old Enders, who has already established a series of firsts for women in the Pro Stock class, has her eyes set on even bigger accomplishments this year and is "the" driver to watch for the 2006 season. In addition to her racing representation of Slammers(R) Ultimate Milk, Enders will be making multiple appearances across the country for Slammers(R) and the team at schools, Girl Scout conferences, hospitals, charity benefits and retailers, where she will be greeting fans, signing autographs and talking about the benefits of performing at your peak and drinking "better for you" Slammers(R) Ultimate Milk.
"It's so awesome to be driving the Slammers(R) Ultimate Milk Chevy Cobalt for Bravo! Foods," said Enders. "It's been a goal and mission of mine to be a positive influence on our fans and the communities we visit during the season and Slammers(R) Ultimate Milk is a great product line that can play a big role in the health and nutrition of everyone who drinks it, especially kids and teens."
Continuing, Enders said, "I love to start my day off with a Chocolate Slim Slammers(R) because it tastes great and the big shot of protein, big dose of calcium and full complement of vitamins is just what I need for an exciting and strenuous day of driving my Slammers(R) Ultimate Milk Chevy Cobalt Pro Stock Car at 208 MPH!"
"Having Erica Enders represent our brands and our company is an easy choice," said Bravo! Foods CEO Roy Warren. "Erica stands for everything our products are about and her performances both on the track and off send exactly the right message about living right, doing right and taking care of yourself so you can always perform at your best. We're proud to have Erica as an ambassador for our team and we expect big things from her and Cagnazzi Racing for 2006."
"We're looking forward to the 2006 season and putting the Slammers(R) Ultimate Milk Chevy Cobalt into the winners circle, hopefully more than once," said Victor Cagnazzi, team owner. "What can I say about the Slammers(R) Ultimate Milk sponsorship? Roy Warren took a chance on our team last year and we're very thankful to him and all of the folks at Bravo! Foods for getting behind us. We're really excited about the way fans have embraced the Slammers(R) product line. NHRA fans are the most loyal supporters of our sponsors, and feedback is telling us they're drinking a lot of Slammers(R) Ultimate Milk, so we're doing exactly what we set out to do."
The Cagnazzi/Slammers(R) relationship will go beyond appearances by Enders. Product sampling at the track and at various stops on the tour will be accompanied by a fan coupon program, fan novelty giveaways and retail programs.
This was released end of last week, Don :
NORTH PALM BEACH, Fla., Feb. 17 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milks, announced today that it will be presenting at the Roth Capital Partners 18th Annual OC Conference held at The St. Regis Monarch Beach Resort & Spa at Dana Point, California on February 20-22, 2006. The conference will feature over 250 small- and micro-cap companies across a broad spectrum of industry sectors.
Roy Warren, Chief Executive Officer, and Jeffrey Kaplan, Chief Financial Officer, will be presenting on Wednesday, February 22, 2006 at 3:30 pm Pacific Time (6:30 pm Eastern Time). The presentation will be webcast and can be accessed on the company's website at http://www.bravobrands.com under the Investor section or at http://www.wsw.com/webcast/roth7/brvo.ob/ . If you are unable to listen to the live webcast, the presentation will be archived for 90 days on the company website.
Has anyone listened to and analysed what Roy Warren said at the conference call?
I noted his remarks about a very different marketing strategy for non-chilled product. Getting away from conventional milk retail locations. If the company expects to sell 80% of its brand at other than grocery outlets - this could explain why the product availability is disappointing to some people. Don.
Bravo currently expects to report earnings by the end of March. Something is in the works, I believe. Don.
February presentation part 1:
February presentation part 2:
February presentation part 3:
Bravo! Foods International to Host Investor Conference Call
Wednesday March 29, 8:59 am ET
NORTH PALM BEACH, Fla., March 29 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milk drinks and other beverages, announced today that it will host a conference call on Thursday, March 30, 2006 at 4:30 p.m., Eastern Time to discuss 2005 financial results.
To participate in the conference call, dial 877-407-9205. International callers, please dial: 201-689-8054. No Passcode required.
This call will be webcast and can be accessed on the company's website at http://www.bravobrands.com in the Investor section under the "webcasts and presentations" tab or at: http://www.investorcalendar.com . A recording of the call will be available until March 31, 2006 at 11:59 p.m. To hear this recording, dial 877-660-6853 (International: 201-612-7415); enter account number 286; conference
postscript:
1. thanks to La-onda for bringing the investor presentation to the board.
2. sorry for my duplicate post- i got one of those network is busy gotohell messages -so I reposted.
I guess day traders are hoping for better volume than we have been seeing. don.
Im so heavy in this dang stock. 2 things worry me about earnings. The price is just sinking to lows i have never seen and when i talked to the CEO, he usually tells me he thinks things are going great. He is still upbeat and we talked about down the road. he has full confidence that he will join the stock exchange and quite being sold over counter in years to come and hit the 4.00 mark. However he says right now he is just focused on making the company better. They are hiring, hell he even wanted to give me a job, but milk is not my specialty. I do not see great things for a while. I said i would go long, and unlike many longs here in 3sof, it means 3-5 long BORING years.
anything new in the CC ?
especially
Q4, revenues, margins,
revised outlook for 2006.
new filling capacity.
Cant spend the time listening and analysing and posting, as a friend is in need. Anyone? Don.
Bravo! Foods International Corp. Reports Record 2005 Revenue
Thursday , March 30, 2006 16:05 ET
NORTH PALM BEACH, Fla., March 30, 2006 /PRNewswire-FirstCall via COMTEX/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milk drinks and other beverages, announced today that total revenue for 2005 was a record $11.9 million, an increase of 257% over the prior year's revenue of $3.3 million. Bravo! reported a net loss applicable to common shareholders of $14.8 million compared to a $4.2 million loss in the prior year. The net loss on a per share basis was $0.11 in 2005 compared to a $0.10 per share loss in 2004 on a 236% increase in weighted average shares outstanding. Net income in 2005 was negatively impacted by a one-time, non-recurring finder's fee as well as a significant increase in selling expenses.
Roy Warren, Chief Executive Officer commented, "2005 was an extremely gratifying year for us. Not only did we deliver record revenue, we laid the foundation for sustainable growth thanks to our distribution agreement with Coca-Cola Enterprises. Equally as important, our balance sheet has been strengthened providing us with the financial flexibility to support our future growth." Added Mr. Warren, "As we move into 2006, we are extremely excited. Demand is strong, we have unparallel distribution with Coca-Cola Enterprises, we have contracted for more production and we have a robust pipeline of new products."
2005 Discussion
Total revenue in the United States was $11.5 million in 2005, up from $2.8 million in 2004, while international sales, which consist of sales in the Middle East and United Kingdom, were $412 thousand in 2005. The significant increase in U.S. sales was primarily the result of new product introductions in fourth quarter 2004 and the first half of 2005 as well as increased distribution.
Cost of goods sold in 2005 was $8.9 million, up from $2.4 million in 2004. Cost of goods sold increased in line with the higher level of sales. The gross margin of 25.2% in 2005 was down from 29.0% in 2004 reflecting the lower sales prices in 2005.
Selling expenses in 2005 were $8.4 million and represented 70% of revenue compared with selling expenses of $1.8 million in 2004 or 54% of revenue. Higher selling expenses reflected increased freight, distribution and promotional expenses associated with the expanded product line.
General and administrative (G&A) expenses were $5.0 million in 2005 compared with $2.6 million in the prior year. The increase in absolute terms reflects the increase in infrastructure, as well as payroll costs to support a higher level of revenue as well as some investment banking fees. As a percentage of revenue G&A expenses were 42.1% in 2005, down from 78.9% in 2004 as the company was able to leverage the increased G&A costs over a higher revenue base.
During 2005, the company incurred a non-recurring finder's fee expense of $3.0 million relating to the Company's Master Distribution Agreement with Coca-Cola Enterprises.
The weighted average shares outstanding for 2005 were 135 million, up from 40 million in 2004 and partially reflect the fourth quarter 2005 private placement of 40 million shares.
Balance Sheet
The company ended 2005 with approximately $4.9 million in cash and total assets of roughly $24.3 million compared to $114 thousand and $1.1 million, respectively at year-end 2004.
wasn´t able to listen to the CC, sorry
Comment: I assume that they are not yet finished negotiating a deal re the Snickers taste franchise. Don.
Bravo! Announces Five Year License Extension with Masterfoods USA
NORTH PALM BEACH, Fla., March 31 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milk drinks and other beverages, announced today that it has reached an agreement with Masterfoods, a division of Mars Incorporated, to extend its U.S. license for an additional five years. The new agreement calls for a five year extension of the original expiration date of December 31, 2007 to December 31, 2012.
"This transaction is a key milestone in the development of Bravo!" commented Roy G. Warren, Bravo's Chief Executive Officer. "The license extension allows us to continue to provide consumers their favorite candy brands -- Milky Way®, 3Musketeers® and Starburst® in a drinkable form."
"We are delighted to be strengthening our relationship with Bravo! Foods International," stated Michele D. Brown, Licensing Director of Masterfoods USA. "The extension of our agreement with Bravo! is yet another validation of the success of joining the expertise of Bravo! in flavored milk drinks and the very popular brands of Masterfoods USA."
You add back the 3 mil in non-recurring revenue they only lost 11.8 mil then divide by last years share count ... that gives you a comp this year of a loss of 0.29 FY05 vs a loss of 0.10 FY04. Didn't bother with trying to clean up any other numbers, ain't gonna make a difference here.
All that dilution helped the eps comps appear to be about even to the casual observer.
Nice revenue increase but unless they make some money on all those sales, they are gonna be out of money in 5 months.
4.9 in cash and a burn rate of 11.8
Time for another private placement?
Flavored Milk Maker to License General Mills Brands
http://yahoo.reuters.com/stocks/QuoteCompanyNewsArticle.aspx?storyID=urn:newsml:reuters.com:20060420:MTFH03817_2006-04-20_16-41-27_N20202319&symbol=BRVO.OB&rpc=44
I hope they don't try to pass off the 3 Musketeers Bravo off as the Coco Puffs and the Starburst Milk off as the Trix. That would be heinous!
Once Hostess started selling Twinkies with Devil Dog fillings - and an SEC investigation was started!
Read the NR below first.
Then, Questions:
1. the General Mills deal - why do you think they are focussing any energies on new product development when Brvo's production capacity most probably cannot meet CCE's needs, not to mention their own distribution outlets?
2. Do you think there is any risk that the CCE distribution deal has a clause that, should Brvo not be able to meet CCE's orders, then penalties could cause a direct or indirect equity dilution? I am pleased to read news of the increasing prospective markets (with the Snickers deal yet to be announced). However, in this most recent NR, I see the 2nd most significant comments belonging to CCE guy, Kravitz, who stated that (a) the products are key to CCE plans and (b) CCE intends to expand distribution channels as Bravo increases production output.
I am certain that if there is a failure on Brvo's part to negotiate additional plant filling capacity significantly beyond 7.5 mpm (mill/month)...and quickly, it will be penalized. These CCE guys play hardball. If they line up outlets and Brvo cannot meet demand, heads will roll. I imagine they would want to take control of the company.
Does any of this matter? Thinking out loud. Don.
NR from last Friday:
Friday April 21, 8:30 am ET
NORTH PALM BEACH, Fla., April 21 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milk drinks and other beverages, announced today that Coca-Cola Enterprises Inc. ("CCE") is expanding the channels in which CCE will distribute Bravo! milk products. The new channels of distribution include grocery stores, drug stores and mass merchandisers
Bravo! Foods entered into a distribution agreement with CCE in August 2005 which provides for the distribution of the company's flavored milk products in the United States as well as Canada and some international locations. The agreement specifies that CCE would implement its distribution of Bravo! milk products on a ramp up basis. Prior to today's announcement, CCE distributed the company's products to convenience stores, schools, colleges, vending machines, bodegas, delis and hospitals. The addition of groceries, drug stores and mass merchandisers, which are major channels of distribution, coincides with the expected increase in Bravo!'s manufacturing capacity. The Company is currently on schedule to increase production from 2.5 million units per month to 7.5 million units per month by July at its co-packer, Jasper Products' facility.
Roy Warren, Bravo! Chief Executive Officer commented, "We are pleased that CCE will increase the channels of distribution of Bravo!'s milk products to coincide with the increase in our manufacturing capacity." He added, "The addition of these new channels of distribution is significant for Bravo! as the grocery, drug and mass merchandisers are extensive distribution channels."
Hal Kravitz, CCE's Chief Revenue Officer commented, "We are excited about bringing Bravo! milk products to these new distribution channels. Bravo! Slammers are key products that will further enable CCE to broaden our total beverage portfolio for our customers. We intend to expand distribution channels as Bravo! increases production capacity."
any thoughts on the improved volumes and the price break thru 64 this past week. Don.
Don, here is my take on the recent action. Both the daily and weekly long term charts show that BRVO is in a descending triangle. Recent price action has brought it up to the descending "supply" line and it is pushing up against it now. Recent volume really isn't that impressive considering what it was showing on it's ascent over $1.00. If I were to trade BRVO, I would be a seller here and then a buyer again if the ascending triangle is broken to the upside with volume confirmation or a buyer when the bottom of the triangle is reached again. If you are a fan of the oscillators (that could have been the name of a 50's band ;)) BRVO is looking overbought and you can tell on the chart that it normally doesn't remain overbought for long - it quickly bounces off the RSI 70 and STO > 80 and moves lower. I hope BRVO can breakout on this move. I have always liked the product and think there is a real market for it. I will be a buyer on the upside breakout if volume picks up some more.
Good luck in your trading. :)
Oh and forgot to mention that there is double resistance with the 200ma and descending trendline meeting. A strong close above both of those will be very bullish!
Thanks for summarizing the technicals. Your effort is much appreciated, as we are on really risky ground, on the fundamentals...time is a-ticking and cash is a-burning. Don.
Volume and bounce ... $1 might be closer than we think... this is when it took off last year... during the drinking season BUT this year they have more things in place...
BRVO on the Move Glad I bought in at .50
Hope you are there to Don
Up because some bill passed yesterday to remove soda, and sweet sugary soft drinks from schools.
up 11% actually green on this again.
hi,
got in today at .80 . about the 100th time i have been in brvo. (maybe this time, :-\)
lots of resistance at this point but great volume today. hoping for a continuation tomorrow
glta
maxi
Quote from: snowcat on May 04, 2006, 11:55:01 AM
Up because some bill passed yesterday to remove soda, and sweet sugary soft drinks from schools.
Snow - why would that be good for BRVO when they make the super-sweet milk drinks that taste like candy bars? Milk is good and healthy, but isn't the flavoring they put in the milk full of as much sugar as soda?
Above .80 and we could get quite a run. On my radar for tomorrow.
Got back in today at .71 The P.R. gave me them impression that they may be possibly getting into tea and flavored water. If so I hope they can do it without creating more shares.
have only half my trading position. Volume tells lots. Not experienced 'bout this - but I am sure there will be news coming - perhaps, additional filling volume. Don,.
Lucas -
Focus on the positive.
Yes their full fat full sugar slammers have about 300 cal/serving (two per 16oz bottle) but their low fat, sugar-free Slammers (that come in 4 & 8 oz bottles) are just what a growing body needs.
And they taste yummy.
I THINK that is why the stock is seeing movement. Maybe they plan to increase their production?
hi snow :), they did mention something about the increase of production in the PR on Apr21 :
Bravo! Foods entered into a distribution agreement with CCE in August 2005 which provides for the distribution of the company's flavored milk products in the United States as well as Canada and some international locations. The agreement specifies that CCE would implement its distribution of Bravo! milk products on a ramp up basis. Prior to today's announcement, CCE distributed the company's products to convenience stores, schools, colleges, vending machines, bodegas, delis and hospitals. The addition of groceries, drug stores and mass merchandisers, which are major channels of distribution, coincides with the expected increase in Bravo!'s manufacturing capacity. The Company is currently on schedule to increase production from 2.5 million units per month to 7.5 million units per month by July at its co-packer, Jasper Products' facility.
And since then it's been on an up trend.
sold half of my old position yesterday at 0.79, but bought it back today at 0.805 .. kinda a sillly move ... lol
glta
April 21 it was still in a coma and it did not react much to that.
Yesterday's surge must have been due to the school legistlation.
Kids will now have to sneak Soda into school with their weed and their switchblades.....what are our schools coming to.
hi,
lots of selling at .80 today. wonder if support can hold. friday doldrums?
maxi
it rose from 0.5 to 0.62 on Apr20-Apr21 with great volume, that's where this leg started, breaking the nasty downtrend, consolidated below 200ma, then shot up helped by the school legislatoin. It changed the whole technical picture. Their confirmation of capacity increase was a huge boost of confidence for me. capacity was the biggest question mark for the company.
It just dropped below 0.8 as i write :-\
0.72-0.74 should provide strong support.
let's see what next week brings.
Have a great weekend everyone! :D
hi,
still in brvo from .80.
thoughti it would hold support at 80. now looks like .75 is support.
any comments,
maxi
it hurts watching it >:(
that said, i am doubling down at 0.72 .
wish me luck :)
hi,
sold my position today for a small loss. in at 80 out at 74 >:(. needed the money for something else.
chart still looks good with volume low on the pullback. the down days haven't broken below the last big white candle . so i will wait for confirmation above 80 with volume.
glta still holding,
maxi
I am feeling sick and stupid >:( >:( >:(
i will trim half here if it doesnt hold 0.67 ... aghhhhhhhhh
hi,
this news drivin' the price today
Press Release Source: Bravo! Foods International Corp.
Bravo! Foods International to Host Investor Conference Call
Thursday May 11, 1:30 pm ET
NORTH PALM BEACH, Fla., May 11 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milk drinks and other beverages, announced today that it will host a conference call on Monday, May 15, 2006 at 4:30 p.m., Eastern Time to discuss First Quarter 2006 financial results.
ADVERTISEMENT
To participate in the conference call, dial 877-407-9205. International callers, please dial: 201-689-8054. No Passcode required.
This call will be webcast and can be accessed on the company's website at http://www.bravobrands.com in the Investor section under the "Investor Conference Calls" tab or at: http://www.investorcalendar.com . A telephone replay of the call will be available until May 16, 2006 at 11:59 p.m. To listen to this recording, dial 877-660-6853 (International: 201-612-7415); enter account number 286; conference identification number 202878.
Been rough on some of the daytraders who bought on the recent run to the high .70s and .80.
You all should have read cesar's analysis on otcbbcoverage.com which says that because of outstanding warrants it will take time before Bravo crosses .80 and holds it due to outstanding warrants.
I wouldn't daytrade Bravo at this time. Once it crosses a dollar and holds, I will be taking a trading position that won't touch my core of 50,000. I think it will go over a dollar on 3Q earnings which will include lots of good news about school sales.
JMHO
BRVO : seems to be making a run back up. Might want to add this one to you're watchlist
Thanks for the chart. We are doing some nice sideways accumulation. Building strength for the next move up.
Anybody holding/watching?
It doesn't surprise me that the stock has weakened - not much news happening. Any technical advice about finding a bottom to buy back my position? tia, don.
buy when the stock price goes up on heavy volume.
I have been holding a few thousand shares I have left. Most was sold at a nice profit.
The air has been let out of this one since they have virtually dissappeared from the shelves since their deal with Coke.
Press releases are few. Maybe they are waiting for the market to pick up but I suspect that they will have a presence in schools this coming year.
Does anybody know what the good news is that its actively trading
with almost a 10% increase ??
jorgegr
http://www.pinksheets.com/quote/news.jsp?symbol=BRVO
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Bravo! Foods Announces Limited Canadian Production
NORTH PALM BEACH, Fla., Aug 03, 2006 /PRNewswire-FirstCall via COMTEX/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milk drinks and other beverages, announced today an agreement with a leading Canadian dairy to produce Bravo!'s STARBURST(R) Slammers(R) Fruit & Creme Smoothies.
The agreement calls for the co-packer dairy to produce, STARBURST(R) Slammers(R) Fruit & Creme Smoothies in a single-serve shelf-stable format, under a license agreement with Masterfoods for the Canadian market.
Roy Warren, Bravo!'s Chief Executive Officer commented, "We are extremely pleased to be bringing our STARBURST(R) Slammers(R) Fruit & Creme Smoothies products to Canada. Our co-packer is a well established and leading dairy in Canada and has been in business for more then 100 years with a reputation for quality and excellence".
About Bravo! Foods International
Bravo! Foods International Corp. develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 United States, Great Britain and various Middle Eastern countries. Bravo!'s products are available in the United States and internationally through production agreements with regional aseptic milk processors and are currently sold under the brand names Slammers(R) and Bravo!(TM). Bravo!'s Slammers(R) products are available in The United States in popular chains such as: 7-Eleven, A&P, Dutch Farms, Giant Food Stores, Jewel, Kings , Pathmark, Safeway, Sam's Club, Shaw's, ShopRite, Speedway, SuperTarget, Unified, Waldbaums and Walgreens.
Many of Bravo! Foods' Slammers(R) lines of shelf-stable, single-serve drinks are co-branded through exclusive partnerships with Masterfoods, a division of Mars Incorporated.
On November 1, 2005, Coca-Cola Enterprises, Inc. began distribution of the Slammers(R) Masterfoods line, as well as the Bravo!'s Slim Slammers(R) and Pro Slammers(TM) products, under a Master Distribution Agreement with Bravo!
For more information, visit: http://www.bravobrands.com .
Investor Relations Contact:
Integrated Corporate Relations
Kathleen Heaney (203) 803-3585
Company Contact
:o Hello out there ....anybody else still holding BRVO?? Ideas, info ?
Now BRVOE because of failure to file timely. Hope this was a buying opportunity, as I just did.
Hmm, this caught me flatfooted. I was just analysing the conference call and....this is what the company (and the stock) needed. Don.
Press Release Source: Bravo! Foods International Corp.
Bravo! Foods Announces Production Agreement with HP Hood LLC
Monday September 25, 11:14 am ET
Annual Production Commitment of 70 Million Bottles
NORTH PALM BEACH, Fla., Sept. 25 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that promotes and distributes vitamin-fortified, flavored milk drinks and other beverages, announced today that it has signed a six year production agreement with HP Hood LLC.
Under the terms of the agreement, the parties have agreed to annual volume commitments of 70 million bottles of Bravo!'s various lines of shelf-stable, single-serve flavored milk beverages. Production is expected to commence in October 2006 and ramp up quickly. The first shipment of approximately 3.8 million bottles is anticipated for November 2006 with full volume shipments of 70 million forecast for 2007.
HP Hood LLC of Chelsea, Massachusetts is one of only three dairy processors in the United States that has approval of the United States Food and Drug Administration to produce aseptic shelf stable milk in bottles. Bravo! has contracted with Hood for the production of Bravo!'s products through 2012.
Roy Warren, Chief Executive Officer, commented, "We are extremely pleased that Hood, with 160 years in the dairy business, will be providing additional production capacity for the Bravo! Slammers. The additional production capacity from Hood is another milestone for Bravo! and brings our total contracted production capacity close to 160 million units." Added, Mr. Warren, "Production for the Bravo! Slammers will be in Hood's Winchester, Virginia facility which complements our current production in the mid-west and Canada."
John Kaneb, Chairman, President and CEO of HP Hood LLC commented, "We are excited about working with an innovative company like Bravo! and look forward to a long and rewarding relationship."
Glad to see they're cranking output up. Must mean CCE sees demand in their distribution chain. Now if they'll just let us make a little $$money$$ on the sales....or maybe even make an offer, say $6-8.00. I'd be happy camper......luck to all
Quote from: TD on September 26, 2006, 11:24:08 AM
Now if they'll just let us make a little $$money$$ on the sales....
I'd be happy if they would make some money!! Show some inclination to plug the cash drain hole..what we do not see yet is sales driving the stock price, (a positive for the price) rather than fear of further stock/convertibles issues to fund huge cash losses (an obvious negative). Don.
Old and new:
Just announced - is this the first mention of the granting of stock options? Fox.
Form 8-K for BRAVO FOODS INTERNATIONAL CORP
2-Oct-2006
Entry into a Material Definitive Agreement
Section 1.01 - Entry into a Material Definitive Agreement
Bravo! Foods International Corp. has signed a six-year contract production agreement, effective September 19, 2006, with HP Hood LLC of Chelsea, Massachusetts. HP Hood is one of only three dairy processors in the United States that has approval of the United States Food and Drug Administration to produce aseptic shelf stable milk in bottles. Bravo! has contracted with Hood for the production of Bravo!'s products through 2012. HP Hood will produce Bravo!'s products in Hood's Winchester, Virginia plant.
Under the terms of the agreement, the parties have agreed to annual volume commitments of 70 million bottles of Bravo!'s various lines of shelf-stable, single-serve flavored milk beverages. Production is expected to commence in October 2006 and ramp up quickly. The first shipment of approximately 3.8 million bottles is anticipated for November 2006, with full volume shipments of 70 million forecast for 2007. The agreement incorporates per unit monetary penalties for unused capacity by Bravo!.
Either party may be terminate the agreement for a material breach, insolvency or bankruptcy and Bravo! may terminate for the HP Hood's cessation of the production of Bravo!'s products for any period of time not in the ordinary course of business. HP Hood may terminate the agreement at any time after the commencement of production upon 365 days notice to Bravo!.
In connection with the agreement, Bravo! has issued a six year warrant to HP Hood for the purchase of 5,870,000 shares of Bravo!'s common stock at an exercise price of $0.73 per share. Bravo! has the right to call the exercise of the warrant at any time on or after the initial 36 months of the agreement, provided that the call notice is given within 10 days after the closing price of Bravo!'s common stock is not less than $1.46 per share for 20 consecutive days.
been a while but BRVO is back with a vengeance!! easy double over the next month or two
Down with volume 35% :'(
Wow, looks very ugly ... ::) :o
The bloodbath continues
what is going on here? i dont see any news that would warrant such a bloodbath
Sad to see Bravo like this-
Massive dumping here/What is the Prob ??? Uh ?!! :-\
Financials sucked :P I haven't been in Bravo for a long time but have followed it in my watchlist so I am not up to speed on the current situation.
I was surprised to see the panic selling that took hold.
Could be interesting today- lets see if this dead cat bounces ;D
Hi boatguy,
I was trying to go as far back in BRVO's historical support zone but can't find any as of now.
Where do you think support would be for a dead cat bounce?
Ares
Looks like .092 or so is resistance now- if Brvo clears and holds that it may recover. ;)
Anyone entering at .05 is up 30%- still a dangerous play
I would not hold if it goes back below .063
Good luck if you are in
Nice boatguy,
Applaud.
I see resistance at 0.08 in the hourly chart and the hourly 200ma is currently at 0.0881.
Currently it looks like it wants to break the 200ma of the 5 minute chart.
Nice blocks coming in so far.
;)
Nice.
What timeframe combo did you use to get in?
You may want to look at EPCT.
Quote from: Ares on April 20, 2007, 10:55:02 AM
EPCT down at least 17% and looks like it's in the process of tanking.
Hourly 200 ma currently at 2.09 and hourly congested support is at 2.25.
Ares- I am not in- paper trading this time ;D
Extremely risky here- will probably pull back to .069 to fill the gap on 1 min chart, if it bouces from there and hits new HOD watch out ;)
Ok- held .069 but gapped up again - caution
OK-breakout- ;)
If I was in at .05 I would have a sell order in at the .089 area ;)
.075 new support
It looks like we're in the same boat. ;D
;)watch now!
What! the famous BRVO is now trading at 0.06 cents? unbelievable.... :(
Wow, how the mighty have fallen. Great news out for restructuring but not so good for the stock price. Could be a great opportunity to pick up shares dirt cheap.
Press Release Source: Bravo! Brands Inc.
Bravo! Brands Implements Plan To Improve Financial Performance
Wednesday May 2, 9:06 am ET
NORTH PALM BEACH, Fla., May 2 /PRNewswire-FirstCall/ -- Bravo! Brands Inc. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that promotes and distributes vitamin-fortified, flavored milk drinks and other beverages, announced today that it has commenced the implementation of a plan to restructure its business in an effort to improve its financial performance.
ADVERTISEMENT
On Friday, April 27, 2007, the Company terminated 34 of its 62 employees. These terminations included the release of Mr. Stanley Harris, who has served as the Company's Chief Marketing Officer since January 2006.
On April 30, 2007, the Company's Board of Directors voted to terminate the employment of Roy G. Warren, who has held the position of Chief Executive Officer of the Company since May 1999 and President of the Company since May 2006. Mr. Warren will remain as a Director of the Company. The employment of Michael Edwards, who held the position of Chief Revenue Officer of the Company, also has been terminated, effective May 1, 2007.
The Company's current total monthly payroll expense has been reduced by in excess of 50%.
While cuts have been made across the board to sales personnel, executive and administrative positions, key personnel have been retained to enable the Company to move forward in implementing possible new distribution and production arrangements.
Ben Patipa, the Company's Chief Operating Officer, in commenting on the reasons for the work force reduction, said "Recent events, including disappointing revenue growth and our stock trading price, have made our efforts to obtain adequate funding to continue at our present size difficult. As a result, we must downsize. More important, however, this reduction in work force is but a part of a larger plan to restructure our business in an effort to give us a better opportunity to move toward profitability."
On April 5, 2007 the Company announced that it had engaged Cowen and Company to assist the Company in an effort to explore strategic alternatives, one of which may include investments by strategic partners.
The Company also announced that, on May 1, 2007, it closed a funding transaction with six accredited institutional investors, for the issuance and sale of 18.5 million shares of the Company's common stock to the Subscribers for $740,000. The Company also issued five year warrants for the purchase of an additional 9.25 million shares of common stock at an exercise price of $0.04 per share.
About Bravo! Brands Inc.
Bravo! Brands Inc. develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 United States, Mexico and Puerto Rico. Bravo!'s products are available in the United States and internationally through production agreements with regional aseptic milk processors and are currently sold under the brand names Slammers® and Bravo!(TM). Bravo!'s Slammers® products are available nationwide in popular chains such as: 7-Eleven, A&P, Allsup's, BP Petroleum, Brookshire Grocery, Circle K, Cumberland Farms, CVS, Discount Drug, Eckerd Drug, Giant Food Stores, Hannaford, Hess, Kings, Krasdale, Pathmark, QFC, Schnucks, Sheetz, ShopRite, Speedway, Stator Bros, Sunoco, Tedeshi, United Supermarkets, USA/Super D Drug, Waldbaums, Walgreens, Quick Trip, Wal-Mart Supercenter and Pilot Oil.
Many of Bravo! Brands' Slammers® lines of shelf-stable, single-serve milk drinks are co-branded through exclusive partnerships with Masterfoods USA, a division of Mars Incorporated, General Mills, Organic Valley, and MD Enterprises (Moon Pie®), providing superior name recognition packaged with quality, great-tasting drinks.
On November 1, 2005, Coca-Cola Enterprises, Inc. began distribution of the Slammers® Masterfoods line, as well as the Bravo!'s Slim Slammers® and Pro Slammers(TM) products, under a Master Distribution Agreement with Bravo!
For more information, visit: http://www.bravobrands.com .
Forward Looking Statements
Safe Harbor under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission.
--------------------------------------------------------------------------------
Source: Bravo! Brands Inc.
I gave in to my "gambling-gene" and bought some BRVO today at 0.05
;D
Quote from: cumulina on May 08, 2007, 11:52:31 AM
I gave in to my "gambling-gene" and bought some BRVO today at 0.05
;D
I was in at .0412 last week. Not sure what to make of the after hours announcement on Friday but I believe that is why there was such a run up today. Could it be that BRVO finally has some good news to report?
Today could prove to be interesting... ;)
May 11, 2007 - 3:52 PM
Bravo! Brands Inc. to Host Investor Conference Call
NORTH PALM BEACH, Fla., May 11 /PRNewswire-FirstCall/ -- Bravo! Brands Inc. (OTC Bulletin Board: BRVO), a brand development and marketing company that promotes and distributes vitamin-fortified, flavored milk drinks and other beverages, announced today that it will host a conference call on Tuesday, May 15, 2007 at 4:15 p.m., Eastern Time to discuss First Quarter 2007 financial results.
To participate in the conference call, dial 877-407-9205. International callers, please dial: 201-689-8504. No Passcode required.
This call will be webcast and can be accessed on the company's website at http://www.bravobrands.com in the Investor section under the 'Investor Conference Calls' tab or at: http://www.investorcalendar.com. A recording of the call will be available until May 17, 2007 at 11:59 p.m. To hear this recording, dial 877-660-6853 (International: 201-612-7415; enter account number 286; conference identification number 242467).
About the Company
Bravo! Brands Inc. develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 United States, Mexico and Puerto Rico. Bravo!'s products are available in the United States and internationally through production agreements with regional aseptic milk processors and are currently sold under the brand names Slammers(R) and Bravo!(TM). Bravo!'s Slammers(R) products are available nationwide in popular chains such as: 7-Eleven, A&P, Allsup's, BP Petroleum, Brookshire Grocery, Circle K, Cumberland Farms, CVS, Discount Drug, Eckerd Drug, Giant Food Stores, Hannaford, Hess, Kings, Krasdale, Pathmark, QFC, Schnucks, Sheetz, ShopRite, Speedway, Stator Bros, Sunoco, Tedeshi, United Supermarkets, USA/Super D Drug, Waldbaums, Walgreens, Quick Trip, Wal-Mart Supercenter and Pilot Oil.
Many of Bravo! Brands' Slammers(R) lines of shelf-stable, single-serve milk drinks are co-branded through exclusive partnerships with Masterfoods USA, a division of Mars Incorporated, General Mills, Organic Valley, and MD Enterprises (Moon Pie(R)), providing superior name recognition packaged with quality, great-tasting drinks.
On November 1, 2005, Coca-Cola Enterprises, Inc. began distribution of the Slammers(R) Masterfoods line, as well as the Bravo!'s Slim Slammers(R) and Pro Slammers(TM) products, under a Master Distribution Agreement with Bravo!
For more information, visit: http://www.bravobrands.com.
Investor Relations Contact Company Contact
Integrated Corporate Relations Jeffrey J. Kaplan,
Kathleen Heaney Chief Financial Officer
(203) 803-3585 (561) 625-1411
SOURCE Bravo! Brands Inc.
Source: PR Newswire (May 11, 2007 - 3:52 PM EDT)
News by QuoteMedia
www.quotemedia.com
I am a bit nervous to be holding over the conference call given their past history with conference calls. Given the timing of this though, I cannot imagine anything but positive given the response to the stock price since the announcement.
I only have a small portion, so it will not hurt too much if the C/C goes against us.
So far, however, everything looks good!
nice guys ...
I won't be able to listen to the C/C, so I would REALLY appreciate it, if someone could give a short resumé of it here.
Anyhow - here is what they released untill now:
Press Release Source: Bravo! Brands Inc.
Bravo! Brands Inc. Reports First Quarter 2007 Financial Results
Tuesday May 15, 4:05 pm ET
NORTH PALM BEACH, Fla., May 15 /PRNewswire-FirstCall/ -- Bravo! Brands Inc. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin-fortified, flavored milk drinks and other beverages, announced today total revenue for the first quarter 2007 was $3,152,892, a decrease of 11% from first quarter 2006 revenue of $3,561,215.
Bravo! reported a net loss applicable to common shareholders of $29.7 million compared to the first quarter 2006 loss of $535,450. First quarter 2007 results include a non-cash impairment charge of $17.7 million.
Conference Call
Bravo! will host a conference call on Tuesday, May 15, 2007 at 4:15 p.m. Eastern Time to discuss these results. The call in number for the call is 877-407-9205 (International: 201-689-8054); No Passcode required. The call will be webcast and can be accessed from the company's website at www.bravobrands.com with the webcast link available under the investor section. A recording of the call will be available until May 17, 2007 at 11:59 p.m. Eastern Time and can be accessed by dialing 877-660-6853 (International: 201-612-7415); enter account number 286; conference identification number
Quote from: cumulina on May 15, 2007, 04:28:33 PM
I won't be able to listen to the C/C, so I would REALLY appreciate it, if someone could give a short resumé of it here.
Anyhow - here is what they released untill now:
Press Release Source: Bravo! Brands Inc.
Bravo! Brands Inc. Reports First Quarter 2007 Financial Results
Tuesday May 15, 4:05 pm ET
NORTH PALM BEACH, Fla., May 15 /PRNewswire-FirstCall/ -- Bravo! Brands Inc. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin-fortified, flavored milk drinks and other beverages, announced today total revenue for the first quarter 2007 was $3,152,892, a decrease of 11% from first quarter 2006 revenue of $3,561,215.
Bravo! reported a net loss applicable to common shareholders of $29.7 million compared to the first quarter 2006 loss of $535,450. First quarter 2007 results include a non-cash impairment charge of $17.7 million.
Conference Call
Bravo! will host a conference call on Tuesday, May 15, 2007 at 4:15 p.m. Eastern Time to discuss these results. The call in number for the call is 877-407-9205 (International: 201-689-8054); No Passcode required. The call will be webcast and can be accessed from the company's website at www.bravobrands.com with the webcast link available under the investor section. A recording of the call will be available until May 17, 2007 at 11:59 p.m. Eastern Time and can be accessed by dialing 877-660-6853 (International: 201-612-7415); enter account number 286; conference identification number
It sure will be interesting to see how the stock reacts tomorrow. I only had 100,000 shares or so but sold all today for a short term profit of close to 50% in a few short days. I wish I could find more of these gems and hope I didn't guess wrong when tomorrow comes. I will kick myself if this thing skyrockets tomorrow. Although I am not sure where this came at relative to what was expected so does anyone know if this is better than expected or worse?
Ouch! Down 37% at the time of this post. I am glad I stuck to my gut on this one. Now the question is....do I buy again? It's higher than my last entry but resistance isn't much lower than the current price. Typically not much of a mover and I have to think it was hyped right before earnings so maybe not a great time but we'll see. Anyone have thoughts?
Hi
???
Hi
???
Weekly
Hi
???