LOL jack you have always given this beefstu clown way more attention than he deserves. He obviously operates on the principle of "better to remain silent and to be thought a sage than to open your mouth and forever remove all doubt". That's why the guy can never make a relevant comment to the actual operations of the company, only what we can all see which is the share price.
Keep up the thoughtful posts.
Have fun paying the dividends from this point forward shorty. By the way, the low of the day today was..............$27.21. You can delude yourself that the 5% yield point is not a strong support level all you want.
Trust me....nobody believes that you took a short position in Fri regular session AFTER you were bashing the stock heavily the previous day on Thu after hours. Own up to being wrong in your prediction that the stock would dump in regular hours Friday.
I'm on the sidelines now but it is no surprise that some analysts will downgrade and some will upgrade. It is a complicated deal.
Nice prediction on the run up being over and a dump in regular hours. Learn a little humility and stop wasting your time with these garbage posts.
I sold but wouldn't be surprised to see $110 in the next week or so, especially if market goes to new highs.
PS: A 16.7% stake with pre-deal shares outstanding of 167.08M should imply a 33.496M share stake by KO if I did the math right. If KO is paying $2.15B that should actually give the price KO paid as $64.19 per share. Again, has no bearing upon what the stock is worth post deal and GMCR stock soared in coming days after their deal with KO. 9 days later the stock was up about +54%. For MNST that would be about $110 share price.
GMCR traded up around +37% in reg hour trading the next day and closed around +26%. If MNST does the same it will close tomorrow at 90.28, which is +3.0% higher than it closed in ah. Get your facts straight. When KO bought GMCR it was at the 50 day volume weighted average price (VWAP), not the current price. Has no bearing upon what the stock is worth, it's just part of the overall deal negotiation. I haven't seen where it was revealed how many shares KO would receive from MNST or at what price.
You can see them? Really? The short float was only 2.19% going into the announcement. Why do you think it is so hard to believe that this deal added a great deal of value for MNST? Just think about the KO bottling/distribution channel overseas and how this will bust things wide open for MNST overseas growth, which was where most of the Net Income Growth acceleration was going to occur and now is super enabled to do so.
Was there a shareholder revolt by GMCR shareholders? They issued new shares and sold them to KO at the 50 day VWAP, initial deal announced on Feb 5th. KO later added to their stake to the max allowable in May. GMCR share price performance has blown away the market avgs. since then. GMCR used some of the money to increase their share buybacks, to reduce the dilution.
Taurine is such a useful nutrient that it is even added to baby formulas. A small 1 cup serving of cottage cheese contains. 1.7 g of taurine. Humans "tolerate" way more than 3 g of taurine LOL. We can also make it in our bodies from methionine and cysteine.
Kids are low risk for cardiac problems so their medical history would generally not involve the type of cardiac testing that would reveal underlying impending issues in those patients.
Which particular ingredient, which are all GRAS (generally reguarded as safe) do you think could be responsible? Could it be that they would have experienced the same thing by combining any caffeinated beverages (like a Starbucks coffee) with whatever other drugs they were taking that night, which I'm sure they are not tested for in the ER? The FDA cannot ban the drink without specifying which ingredient is responsible and if it is the caffeine, there is no way they will ever ban that, since a Starbucks coffee has much more caffeine than a Monster Energy Drink. How many kids will admit to what drugs they took that night to ER personnel, when they know it will get back to their parents?
How do you know they were otherwise healthy? If you only saw them in the ER, how could you be familiar with their medical history which may not have included thorough cardiac evaluation in a low risk youthful patient? I think it is getting increasingly obvious that this is a witch hunt which has run its course.
"A few analysts have already raised the stock’s target price following the results: RBC Capital Markets increased its price target by $3 to $84 while JPMorgan Chase & Co. raised it by $6 to $80. Longbow Research has also upgraded Monster from Underperform to Neutral.
Monster Beverage expects further improvement in gross margin owing to its strategy of local production in a few of its international markets. The strategy allows the company to limit damages and mitigates the impact of exchange-rate fluctuations in order to support margins."
They accomplished this EPS beat without reducing shares y/y apparently, since shares outstanding actually increased by +0.21%. Looks like it was due to higher margins and cost reductions.
Sales outside the U.S. +12.3%, greater than the overall growth, which is where the growth acceleration is most likely to occur.