Breville BRG

[Joshuatree]

Hi, since the drop in feb from re $7.22 ive started adding BRG to my Premier Portfolio.
s/p $5.34 PE 14.4 Div 4.8% mkt cap $708 million. Building a durable reputable brand. Mkt didnt like POTENTIALLY losing Keurig and outlook. Exchange rate effecting atm?. Hard to read a longer termchart trend for me here.

[Sauce]

Could be a good bet there Joshuatree
Regards,
Sauce

[ratkin]

Have them on the radar , but prefer to wait and see where price going to settle

[Joshuatree]

Thanks for comments folks.. Anymore of substance ,sauce re where you stand?

Breville has terminated Keurig dist for canada june 2013. Partly built in to weakening s/p? Could be a good op for believers today. Don't know if Keurig (Green Mountain coffee roasters) have dist for USA and if this is up for neg too?

[Huang Chung]

The potential loss of the Keurig distributorship was behind the recent big fall from over $7. Market seemed to actually prefer knowing that they WOULDN'T have a deal after 30 June than not knowing IF they would have a deal.

As they say, markets hate uncertainty.

PS....also been accumulating in the mid-fives after the big fall.

[Joshuatree]

Rev and earnings up 15-20% , s/p up $2 odd,the usa is a growing honeypot for them