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EDV, ENDEAVOUR GROUP LIMITED
nipper
post Posted: Jul 1 2021, 09:46 PM
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Quite a bit of buying for Endeavour .... punters not put off by the ESG considerations ; perhaps there is recognition of a longstanding love affair locals have with the bottle, and the combination of the bulk outlets = cheaper from Dans together with near ubiquitous local BWS outlets that are dearer but convenient.

Some six days of trading, five of them up.... closed at $6.37



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Jun 26 2021, 12:03 PM
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In Reply To: nipper's post @ Jun 24 2021, 12:29 PM

and pulling higher .... there has been at least 1 Dollar of upside generated with WOW and EDV split.

Here is a bit of analysis making a case why Endeavour should do well and squeeze out the competition

QUOTE
Endeavour Group operates in the competitive market of retail liquor. In this market pricing power is absent and competitors compete on price for an increased share of volume. The result is that the key driver of the group's profitability and return on invested capital is sales volume, also seen as market share.

[Now] independent, the group plans to continue to increase the range and penetration of its private label products. The higher margin of private label products allows the group to offer market leading discounts whilst maintaining stable gross margins. The discounts on private label sales will allow Endeavour to further grow sales volumes and hence increase the groups profitability......


https://www.drawbridgeresearch.com/post/end...el-cheap-growth



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Jun 24 2021, 12:29 PM
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Posts: 9,484
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In Reply To: nipper's post @ Jun 14 2021, 08:32 PM

listed and trading today at midday .... around $6



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Jun 14 2021, 08:32 PM
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Posts: 9,484
Thanks: 2775


Endeavour Group Ltd (EDV) is Australia's leading retail drinks and hospitality business, with a market share of approximately 40% in retail liquor and approximately 9% in hotels.

Endeavour Group is the leading retail drinks and hospitality business in Australia.The Retail business of Endeavour Group operates across two key brands ; Dan Murphys and BWS , each of which combines its strong store presence and brand with an integrated digital offering. Dan Murphy's and BWS are further complemented by Endeavour Group's specialty businesses ... Langton's, Cellarmasters, Shorty's Liquor and Jimmy Brings, which also provide key capabilities to the group.

The Hotels business of Endeavour Group is Australia's largest on premise venue operator, with a portfolio of 332 distinct licensed venues in capital cities and urban and regional centres.

Endeavour Group's business is based around digital engagement, with 18 million web and app visits in the month of December 2020 (the highest among its competitors), and significant customer reach, with 5.1 million My Dan's members, Monty's Rewards members, and access to 12.8 million Everyday Rewards members through the partnership between Woolworths and BWS.

Being spun out of WOW

Listing date... 24 June 2021 12:00 PM AEST ##
Company contact details ....https://endeavourgroup.com.au/

Principal Activities.... Australian drinks retailer of products such as liquor and operator of various licensed hospitality venues.

Issue Price.... N/A

Issue Type.... Ordinary Fully Paid Shares
Security code.... EDV
Capital to be Raised.... N/A



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
 



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