ACunha

price, price, price. Howard Marks, 2007

#SUP In a crisis riddled world marked by wars from Ukraine to the Middle East – one would expect consumer demand to wobble. Yet across the UK’s FMCG, drinks, wellness and vaping markets, consumption remains remarkably resilient. Why? Because these are everyday, affordable products -small-ticket essentials and “feel-good” purchases that people continue to enjoy. Enter @SupremePLC , an entrepreneurial group that’s quietly building one of the UK’s most diversified and agile FMCG platforms. By assembling a stable of high-performing brands - ranging from Typhoo Tea and Clearly Drinks to Sci-MX and SlimFast, alongside its heritage vaping arm. Crucially, that pivot towards Drinks & Wellness is not just defensive - it’s tapping into powerful structural growth trends around health, hydration and nutrition. And today’s FY26 trading update shows that strategy is working. @SupremePLC delivered a standout performance for the year to March, with revenues jumping 15% to £265m and EBITDA hitting £40.6m, comfortably ahead of expectations . This is no small feat given the well-publicised disruption from the UK’s disposable vape ban. Yet impressively, vaping sales still grew more than 10% year-on-year, underlining management’s successful transition to alternative formats. Elsewhere, the £20.1m acquisition of SlimFast in Oct’25 has already made an “excellent” contribution, while ongoing investment in manufacturing, including a new 40,000 sq.ft wellness facility, positions the division for sustained expansion. Combined with a vertically integrated model and access to 55,000 retail outlets, Supreme has built a powerful engine for cross-selling and margin enhancement. CEO @sandykik / Sandy Chadha commenting: the group has delivered “record financial results… significantly ahead of expectations,” supported by acquisitions, new products and strong underlying trading. Looking forward, @ShoreCapital has upgraded FY26 expectations to £265m revenue and £40.6m EBITDA, with FY27 revenues climbing further to £295m. Moreover, the shares trade on attractive 7.2x FY26 PER and 4.0x EV/EBITDA multiples, alongside offering a 3.4% dividend yield with net cash (est £3.1m). FY27 multiples remain modest too at 7.6x PER and 4.0x EV/EBITDA, suggesting the market is yet to fully price in the group’s diversification and earnings power. Sure there’s a new UK vaping tax being introduced from Oct’26 onwards. Yet equally Supreme looks like a business leveraging its scale, channel strength, FMCG brands and product diversification to deliver growth in even the toughest of backdrops. Disclosure: @SupremePLC is a @VOXmarkets client.

@evfcfaddict @WoutvanAert Crazy race overall, and super happy for Wout. He absolutely deserved this one!

What a race, what a winner, what a message, this is more than sports - congrats @WoutvanAert ! Can’t wait for next year, Tadej will be back for sure 💪

Perhaps, indeed, there is opportunity. Maybe there is that treasure on the floor of the Red Sea. A rich history provides proof, however, that, as often or more often, there is only delusion and self-delusion." A Short History of Financial Euphoria by John Kenneth Galbraith (2/2)

"A further rule is that when a mood of excitement pervades a market or surrounds an investment prospect, when there is a claim of unique opportunity based on special foresight, all sensible people should circle the wagons; it is the time for caution. (1/2)

@spectatorindex @miguel_milhao

BREAKING: 🇳🇱 Netherlands House of Representatives approves 36% tax on unrealized capital gains in stocks, crypto and bonds.

@FoxCastlehold Elis

For fun, give me a french ticker or the name of a french company and I will answer go, no go or don't know! sometimes you just have to have fun! I will answer tomorrow morning! deadline until midnight french time!

Trump has it backwards. The U.S. doesn’t subsidize the world; the world subsidizes the U.S. The dollar’s reserve-currency status allows us to live beyond our means. Soaring debt, tariffs, and military threats jeopardize that status. When it’s lost, economic collapse will follow.

@askjussi Cellnex

$SBAC is historically cheap relative to $AMT and $CCI right now:

When risk aversion and caution evaporate and risk tolerance and optimism take over. This condition is the investor’s greatest enemy." (from "Mastering The Market Cycle: Getting the Odds on Your Side" by "Howard Marks")

No, it comes when asset prices attain excessively high levels as a result of some new, intoxicating investment rationale that can’t be justified on the basis of fundamentals, and that causes unreasonably high valuations to be assigned. And when are these prices reached?

"What’s the greatest source of investment risk? Does it come from negative economic developments? Corporate events that fall short of forecasts? Companies whose products become uncompetitive? Earnings declines? Low creditworthiness?

@Secrets4stocks Rubis, similar to DCC with extras. Business mostly in Africa and Caribbean but also in Europe. IHS - Cellphone Tower biz, pretty much a pan-Africa but heavily tilted towards Nigeria (they do some biz in Latam as well) I own both, let me know if you want to discuss it ;-)

I’m looking into stocks from developed markets that have significant operations in Africa (non-mining). Haven’t found many, and the ones I found are not that cheap. Coca Cola HBC (Greece), Asahi Group (Japan) and PZ Cussons $PZC (actually interesting) are on my list. Any ideas?

@Tintincapital You can look into Cellnex which he actually owns and stock price got hammered $Cellnex

Sir Chris Hohn claims he has a list of 200 investable companies that presumably meet his criteria of holding "irreplaceable assets". The intangible IP ones ( $mco, $fico, etc) are well known and well covered. I'm more interested in those with physical assets. Here are some *potentially * Irreplaceable, globally traded Railroads, Tourist Destinations, Airports, and Exchanges: Railroads $cni $cp $unp $csx $nsc $azj.ax $pkp.wa $bvzn.sw $jfn.sw $bts.set $rail3.b3 $601333.sz $66.hk $9009.t $9142.t $9023.t $9001.t $9020.t $9022.t $2633.tw Tourism: $dis $mtn $emaar.df $jfn.sw $sphr $4661.t $4.hk $000888.sz Airports $adp.pa $caap $pac $omab $asr $aot.set $aena.mc $fra.de $flu.sw $tavhl.is $9706.t $aia.nz $aia.at $cbhl.co $gmrairport.bo Stock Exchanges: $gpw.wa $nzx.nz $jse.jo $lseg.l $otcm $ndaq $tase.ta $exae.at $byma.ba $x.to $bursa.kl $enx.pa $s68.si $db1.de $ice $b3sa3.b3 (Sega blood code for MC) $cme $asx.ax $psx.ks $bet.bd $bvcc.cr $lus1.de

Price & Value

@Mr_Neutral_Man @ToffCap @csouzaZEP IMCD vs Azelis, Q3 call

@Mr_Neutral_Man @ToffCap @csouzaZEP Agree, better BS as well. Azelis will probably slow down acquisitions.. Agree what you said about Brenntag, but it very interesting what's going at mgmt level. With Artisans and Khune becoming anchor shareholders and reshuffling C suite. It's a turnaround + cyclical play.

Jokes aside, I truly believe a basket of chems will massively outperform the market over the next three years or so. I've got clients saying "the industry is dead". That is such an absurd thing to say. If the chemicals industry dies, it's not my portfolio I'll be worried about. (which btw will do very well because I'll be massively long gun stocks.)

@Secrets4stocks 🇳🇱 $ACOMO - Nuts&Spices trader 🇩🇪 Brenntag - Chem distributor 🇭🇰 $CKH $0001 - Infra, Retail 🇫🇷 Rubis $RUI - Fuel distributor 🇬🇷 Karelia Tobacco - Tobacco

Will make the start for some companies that fit or are close to fitting these points: $VPK, $DTE, $DCC, ( $JMAT)

Let’s collect some ideas! - 5%+ dividends - Moderate debt - Strong and proven business model with track record Please share 🫡🍸#FinTwit #FinX #Dividends

I am still hearing that Bitcoin is a hedge against uncertainty.

@evfcfaddict @aktieblogg @Secrets4stocks @stonkmetal @AravacaCap @ObscurValuation @SebKrog @FinSkeptic @d_schau @NoBrainerStock @unfixed_income @diegobmilano @wusatiuk @Franfra51045228 @HindsightCapLLP @ReturnsJourney @SteigerwaldValu @AmsterdamStock Fantastic, enjoy it!

Europoors in Vienna II @aktieblogg @Secrets4stocks @stonkmetal @AravacaCap @ObscurValuation @SebKrog @FinSkeptic @d_schau @NoBrainerStock @unfixed_income @diegobmilano @wusatiuk @Franfra51045228 @HindsightCapLLP @ReturnsJourney @SteigerwaldValu @AmsterdamStock

Brenntag Aktie: Antizyklische Kaufgelegenheit beim weltweit führenden Chemikalienhändler Der ehemalige Brenntag CEO Christian Kohlpaintner sieht die Chemiebranche in der schwersten Krise seit dem Zweiten Weltkrieg. Aufgrund der mittlerweile sehr günstigen Bewertungen ergeben sich antizyklische Kaufgelegenheiten. Besonders interessant erscheint uns die Brenntag AG. Das Unternehmen ist der weltgrößte Chemikalienhändler und leidet nicht unter den Problemen, mit denen die Hersteller zu kämpfen haben: Geringe Auslastung, hohe Fixkosten und ein zunehmender Wettbewerb aus China. Auch nach Regionen betrachtet ergibt sich eine vorteilhafte Aufstellung: 50 % des Gewinns stammen aus den USA, 40 % aus Europa und die restlichen 10 % entfallen auf das asiatische Geschäft. Mittlerweile ist der Kurs so sehr gesunken, dass bereits erste aktivistische Investoren eingestiegen sind. Sie fordern eine Aufspaltung des Unternehmens in seine Einzelteile. Und dann besteht noch die Möglichkeit, dass die Brenntag Aktie sogar ganz von der Börse genommen wird. Wir zeigen, wie sich der Konzern im aktuellen Umfeld schlägt und welches Potenzial nun vorhanden ist. Jetzt lesen: abilitato.de/brenntag-aktie…