Please tell us that this is all an act and you're not really as stupid as you appear.
Those trends are not new. When will SODA start benefiting from them? SODA sales are down 26% over the past two years. It's a good thing they have the trends on their side. LOL
You were using the same formula a year and a half ago and you valued SODA's stock price at $68/share.
How did it end up at $14 instead of $68?
Did you ever consider that you're the one who doesn't understand how to value a company? The facts sure seem to support that conclusion.
SODA sold a little less than 27 million CO2 refills last year. So those 9 million people bought a little less than 3 CO2 refills each last year...or one CO2 purchase every 4 months. That really doesn't seem like a "necessity".
Epb…you’re completely detached from reality.
You think SODA’s “cache, image and following worldwide are golden and second to none”? Are you not aware that SODA’s sales have plunged each of the last two years? 2015 sales were 26.4% lower than 2013 sales!
How is SODA disruptive? Bottle Sparkling water sales exploded last year…increasing 28.5%. SODA’s sales were down 19% last year. It seems like SODA is the one getting disrupted.
The only thing you got right…but in reverse…is that “DOORS WILL FOLLOW DEMAND”. Demand for SODA’s products has and will continue to decrease and the number of stores that bother to carry their products has and will continue to decrease.
You’re right….GMCR’s Gross Profits declined .7% from Fiscal 2013 to Fiscal 2015.
That’s worth comparing to SODA’s 31% Gross Profit decline the past two years.
And what happens when Gross Profits decline sharply?
SODA’s Gross Profits have dropped from $285.6 million in 2013 to $196.8 million in 2015….that’s an $88 million decrease in just two years.
Private Equity firms are not interested in buying or investing companies with Gross Profits that are trending down 31% over two years.
I expect the decline in SODA’s fundamentals to continue into the foreseeable future. They’ve lost significant retailer distribution and promotional support and that trend is going to continue…which will result in another year of Sales, Gross Profits, and Net Profits problems for SodaStream.
How is the business model strong? Over the last two years this company has seen Revenue decline 26%, Gross Profits decline 31%, and Net Income decline 71%. That is the definition of weakness.
Another classic amdtripledigits/kenluskin post:
amdtripledigits • Sep 5, 2014 3:33 PM
SODA within DAYS of HUGE BREAKOUT from downtrend started on June 10, 2013 !!! NEW U.S. GROCERY and CONVENIENCE announcements coming soon!
He was predicting a different big announcement and a HUGE BREAKOUT back then...which of course never happened.
The stock closed at $32.94 that day. Anyone foolish enough to believe him would be down 56% in the year and a half since that post.
Brace yourself...valuetime. We're both going to be called imbeciles and/or morons in a long string of posts that look almost identical to each other...filled with lots of CAPS, lots of name-calling, lots of pseudo-facts and lots of wrong & useless investing theories
This is what he posted a year and a half ago when he was posting under a different name:
amdtripledigits • Oct 2, 2014 2:07 PM
I am long at the $30 area, and the further SODA falls, the greater chance that some activist hedge fund decides to pull the trigger, and tries to put them into play.
SODA will have GP= ~ $300 million this year 5X= $1.5 billion divided by 22 million shares= $68/share!!!
Not sure about that long but he's on the record as buying in the $30's. He was valuing the stock at $68 using his foolproof gross profit valuation model.
He was close...instead of more than doubling it has dropped by more than half.
What are you talking about?
YTD the S&P is flat and the Dow is up 1.3% while SODA is down 12.34%.
SODA at negative 12.34% in a single quarter would in fact represent selling pressure and a flat to slightly positive marker is not a "BAD market"
So once again you're dead wrong about the "facts" that you present.
CO2 sales were +6.9% last year, +17% the year before that, and +29.5% the year before that.
So which of the "last few years" were they growing at close to 10%?
Once again...you're making up numbers that have no resemblance to the facts.
Nope...Wrong again. CO2 sales were actually up 6.9% last year but nobody expects you be be accurate or truthful.
Seriously...did you ever consider checking the facts before you post? They're public information and very easy to find. I think we would all appreciate it if you would at least try to be accurate instead of continuing to post nonsense and made-up facts.
SODA sold 2.4 million machines last year. Do you ever get anything right?
Or do you think that it's okay to be wrong all the time as long you use the word imbecile (which has apparently replaced moron in your elementary school vocabulary) at least once in every post and write half your words in all capital letters.
Dumbest post ever!
You lost me on the first word of the quote you referenced. How in the world does “growth” have anything to do with SodaStream?!?!
Have you not noticed that every fundamental measure of this stock has been in free-fall the past two years? Revenue, Gross Profits, Gross Profit Margins, Net Income, and Net Margins have decreased significantly from 2013 to 2015. And don’t forget about sharply lower distribution, shelf space and displays/promotions by retailers. Some of the low-lights of SODA’s “growth” performance over the past two years…Revenue down 26%, Gross Profits down 31%, and Net Income down 71%. That’s some impressive “growth”!
And please don’t tell us again that CO2 sales are up. It’s the only slightly positive thing in their performance and clearly wasn’t enough to offset huge losses in every other product category.
Of course the worst “growth” has been the price of SODA’s stock over the past two years. That performance is a direct reflection on the company’s dismal financial performance.
The two-year story of this company is disastrous performance and sharply declining fundamentals…which is the polar opposite of “growth”.
You've been saying exactly the same thing since the stock was trading in the mid $30's. Did you ever consider that you might be wrong?