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Wright definitely needs to go
Alkaline88® conference call Tuesday, September 10, 2019 at 8:30am (ET) to discuss the Company’s recently announced proposed merger with AQUAhydrate, Inc. (“AQUAhydrate”).
Date: Tuesday, September 10, 2019
Time: 8:30 AM Eastern Time
Dial-in Number for U.S. and Canadian Callers: 877-407-8293
Dial-in Number for International Callers (Outside of the U.S. and Canada): 201-689-8349
Participating on the call will be the Company’s Chairman of the Board Aaron Keay, President and CEO Richard A. Wright and Executive Vice President of Finance Ronald DaVella, who will discuss the merger with AQUAhydrate and the impact the transaction will have on the combined company.
Majority of Analysts Are Still Bullish on The Alkaline Water Company Inc. (WTER)
Institutional Investors Increasing Stakes in WTER Shares?
It appears that more than several institutional investors and hedge funds decided to increase stakes in WTER in the recent period. That is how The Vanguard Group, Inc. now has an increase position in WTER by 2.25% in the first quarter, owning 1.82 million shares of WTER stocks, with the value of $3.37 million after the purchase of an additional 40,095 shares during the last quarter. In the meanwhile, BlackRock Fund Advisors also increased their stake in WTER shares changed 46.58% in the first quarter, which means that the company now owns 287937 shares of company, all valued at $532683 after the acquisition of additional 91,499 shares during the last quarter.
Alpha Cubed Investments LLC acquired a new position in The Alkaline Water Company Inc. during the first quarter, with the value of $285825, and Northern Trust Investments, Inc. increased their stake in the company’s shares by 0.00% in the first quarter, now owning 0 shares valued at $127733 after the acquisition of the additional 69045 shares during the last quarter. In the end, Centaurus Financial, Inc. increased their position by 33.35% during the first quarter, now owning 47700 WTER shares, now holding the value of $88245 in WTER with the purchase of the additional 47,700 shares during the period of the last quarter. At the present, 6.90% of WTER shares are in the ownership of institutional investors.
https://uspostnews.com/2019/08/29/the-majority-of-analysts-are-still-bullish-on-the-alkaline-water-company-inc-wter/
$3.00 price target from H.C. Wainwright. H.C Wainwright revealed to clients and investors in an analyst report that it initiated coverage on Alkaline Water Co (NASDAQ:WTER) stock, with a “Buy” rating and a $3.0000 target.
3rd and 4th Quarters historically flat due to retail slotting. Shelf space is added or expanded at the same time every year which is why this happens. We all appreciate your attempt to cast a negative light on WTER, but this time you are truly grasping at straws. WTER have grown their revenues consistently every year while maintaining the same revenue trends by Quarter. They have also increased revenue by 60% while reducing loss per share. Seems like a very positive trend to me and anyone else with a brain. And this is all before they expand convenience store sales, flavored sales and eventually CBD sales. I'm no analyst, but I'm strong BUY and HOLD!!!!
WTER Achieves Record sales of approximately $32.2 million, up 62.5% compared to fiscal 2018
Gross profit of $12.9 million, up 58.8% compared to fiscal 2018
Cash balance of $11.0 million as of March 31, 2019
Alkaline88’s Flavor Infused Water Achieves Record Sales at the 2019 KeHE National Holiday Show
Alkaline88® brand was ranked as the #1 best-selling national brand at the 2019 KeHE Holiday Show out of the 750 brands in attendance, which took place at Chicago’s McCormick place convention center on June 12-13 2019.
The 2019 KeHE National Holiday show is one of the largest industry tradeshows, with thousands of the top natural, organic, and fresh specialty retailers and suppliers, along with KeHE representatives in attendance. The show provided the Company with the unique opportunity to present its entire product line, including its new flavor infused water to industry leading retailers looking to place orders for this summer and the fourth quarter of 2019.
http://www.globenewswire.com/news-release/2019/06/26/1874419/0/en/Alkaline88-s-Flavor-Infused-Water-Achieves-Record-Sales-at-the-2019-KeHE-National-Holiday-Show.html
If he wins I sure hope he give a NASCAR 'esque shout out to A88 in his interview!!!
You do realize companies are allowed to do marketing and market research, right? Seems like a sound business strategy to get your company in the discussion with other big players in the category.
mar·ket·ing
noun
the action or business of promoting and selling products or services, including market research and advertising.
Garner Insights CBD Beverages Market: 2019 What Recent Study say about Top Companies like Alkaline Water Company, Canopy Growth Corporation, New Age Beverages Corporation, etc.
https://marketresearchupdates.com/2019/06/21/know-depth-cbd-beverages-market-2019-recent-study-say-top-companies-like-alkaline-water-company-canopy-growth-corporation-new-age-beverages-corporation-etc/
I'd say this is pretty good company to be in for this report. Too bad you have to pay for the report to read the entire thing.
"Recent M&A whispers within the sector presents an interesting way of thinking about an investment in WTER."
Anyone have any idea what this may be referring to? Is A88 going to be acquired, are they looking to make an acquisition or is this about other companies in the sector?
https://seekingalpha.com/article/4254065-wet-wild-alkaline-water
NOT SCAM COMPANY...
Rang bell on Nasdaq yesterday. You can watch the whole thing here. Congrats to the entire company, team and investors base for making this happen.
https://www.facebook.com/Nasdaq/videos/1214679955365269/
Please enlighten us on why you consider it a 'scam' for a company to pay to create awareness about themselves while properly disclosing it? That's exactly what successful, well known companies do all the time. It's called marketing, advertising, branding, investor relations, etc.
The way I read this, A88 is entering the cannabis sector with the addition of CBD infused products and wants to make potential cannabis investors aware of that information in the event they would like to research and potentially purchase stock in A88 as an ancillary way to invest in the cannabis sector.
WTER also mentioned in Bloomberg article
https://www.bloomberg.com/news/articles/2018-09-25/cannabis-mention-adds-millions-to-these-companies-valuations
Very quiet on here today....has everyone already cashed out???
Agreed on Amazon. Walmart is much more interesting. Does anyone know if A88 is in all of their stores and what revenue that would potentially amount to? That is the important question
Or the large shareholders are waiting get acquired so they can make hundreds of millions. Wonder which one I would do.
CBD Market is going to be HUGE!! Great idea and timing with Coke getting into the CBD game now too!
All positive news regardless of what our short little friend thinks
First of all, companies are legally allowed and should be encouraged to market their company which A88 is doing. This was just the OTC being extra careful and A88 complying with an OTC request, but nothing in the article itself is false. In fact, it's all extremely positive and accurate. It's actually one of the most heavily researched articles I've seen on them so far.
Aside from the incredible content and positive news about the company, the other important part to read for anyone concerned is the following disclaimer by the author. While they've advertised with this company before because people who buy equities read his articles, A88 had no control over the content of this very positive article.
The Equedia Letter
https://www.equedia.com/alkaline-water-how-to-invest-in-the-beverage-space-like-kobe-bryant-50-cent/
Disclosure: We’re biased towards The Alkaine Water Company Inc. (WTER) because the Company is an advertiser. We currently own shares of WTER. You can do the math. Our reputation is built upon the companies we feature. That is why we invest in every company we feature in our Equedia Special Report Editions. It’s your money to invest and we don’t share in your profits or your losses, so please take responsibility for doing your own due diligence. Remember, past performance is not indicative of future performance. Just because many of the companies in our previous Equedia Reports have done well, doesn’t mean they all will. Furthermore, the Companies mentioned and their management have no control over our editorial content and any opinions expressed are those of our own. We’re not obligated to write a report on any of our advertisers and we’re not obligated to talk about them just because they advertise with us.
One trick ponies tend to eventually run out of tricks.
Some news must have dropped somewhere for there to have been this much volume. Anyone see anything?
In my 'glass half full' mentality I'd say it could be viewed as positive that people aren't willing to dump their shares even though the price is double what it was just 6 months ago. Also, they haven't don't any IR or marketing, so I'm not surprised volume is low. Hoping the addition of Sudano to the board is the first step of a serious plan to ramp up sales and visibility of the company/stock.
My 2 cents
Very original...congrats! Want to make a side wager it goes above 2.50 by end of October?
WTER Reduces Net Operating Loss by 700k while increasing Revenue by over $2.7 million YOY in 2018!!
https://www.sec.gov/Archives/edgar/data/1532390/000106299318003419/form10q.htm
WTER Massive Revenue Increase to $7,880,865 for the first quarter ending June 30, 2018 vs. $5,180,194 for first quarter ending June 30, 2017
https://www.sec.gov/Archives/edgar/data/1532390/000106299318003419/form10q.htm
Sale to a major is definitely on their radar according to this quote release today.
A Potential Exit
As WTER continues to grow its distribution network and as sales and market share grow, it may become a takeout target for a larger player.
With the titans like Coca-Cola and PepsiCo actively looking to add fast-growing brands to their portfolios, water brands like Alkaline88® are likely to catch their eye. Of course, that is a longer-term opportunity for investors in Alkaline88®.
Right now, WTER is focused on increasing its share of shelf space on U.S. retail shelves. To that end, the company recently announced the expansion at one of the six manufacturing facilities with co-packer White Water in Phoenix, Arizona. According to White Water President Chris White, “Our new facility is over three times larger than our prior plant and will allow us to double our annual production of Alkaline88®.”
And, in an indication that WTER remains on track to hit its revenue goals in 2018, its sales for its first quarter of its 2019 fiscal year hit a record of US$7.85 million. That’s a 51 per cent improvement over its first quarter sales for its 2018 fiscal year.
As Alkaline88® appears in over 40,000 retailers throughout the U.S., The Alkaline Water Company’s (TSXV: WTER) chances of attracting the attention of a larger player should grow proportionately.
Keay elaborates, “We’ve got a good loyal group of investors, but I think all brands aspire one day to become a tuck-under brand with one of the majors. As we approach US$30–40 million in sales, I think the dialogue with larger players will increase and the terms will be more favorable for our shareholders.”
Pretty sure it's already on their radar, especially with the addition of Brian Sudano on the board. Beverage Marketing Corp is the leader in beverage industry research and consulting. My guess is everyone is waiting to see what Essentia does, who hired Credit Suisse as their investment bank to facilitate a sale. A sale of Essentia or a sizable investment into it by a big player will set the market.
Brian Sudano, Managing Partner of Beverage Marketing Corporation going on board of Alkaline Water Company....HUGE NEWS!!!
Our annual meeting of stockholders will be held on Friday, September 14, 2018 , at 8:00 a.m., Arizona time, at the offices of Steptoe & Johnson LLP, 201 E. Washington Street, Suite 1600, Phoenix, Arizona 85004 for the following purposes:
To elect Richard A. Wright, David A. Guarino, Aaron Keay, Bruce Leitch, and Brian Sudano as the directors of our company;
https://seekingalpha.com/filing/4140633
An executive with this level of reputation does not agree go on the board without serious thought and consideration. Without going too far out on a limb, I would expect this mean some big news is coming down the pipe, otherwise he would not have joined.
https://www.beveragemarketing.com/leadership.asp
https://www.linkedin.com/in/brian-sudano-0309255/
Brian Sudano
Managing Partner
Brian Sudano is Managing Partner of Beverage Marketing Corporation and BMC Strategic Associates. Mr. Sudano's experience covers nearly the entire beverage industry, from energy drinks to wine, with special expertise in beverage alcohol by virtue of varied industry experience and broad range of projects. Mr. Sudano manages several major clients, providing on-going strategic and market advise, while leading projects in strategic planning, market entry analysis and planning, sales/distribution, business modeling, brand repositioning and international opportunity assessment. Mr. Sudano is regularly quoted in the leading global business publications, including The Wall Street Journal, The Financial Times, Forbes and The Economist. He has spoken at many beverage industry events, and is a contributing editor at Beverage World magazine.
Before joining, BMC, Mr. Sudano was with Constellation Brands, a leading US beverage alcohol company, where he held the position of VP Business Processes responsible for creating a corporate operations and consulting function to service Constellation's wine, spirits and beer businesses. This group was responsible for guiding improvement in business performance across all areas of the Corporation. While in this role, Mr. Sudano lead the due diligence and transition efforts for entering the premium wine business and provided corporate oversight for the integration and transition of the Black Velvet distillery and brands. Other activities included oversight of business risk management and covering issues such as promotional effectiveness to performance metrics.
Prior to Constellation Brands, Mr. Sudano was with Joseph E. Seagram & Sons for 10 years. At Seagram, he held various positions including leading efforts in business development, mergers and acquisitions, strategic planning, and finance. Mr. Sudano identified and negotiated several strategic alliances and business transitions resulting in significantly improved business performance. Mr. Sudano lead Seagram's entry into beer business, organizational realignments and business integration and expansion strategies, etc. Within Finance, he held several positions including CFO for a business unit.
Mr. Sudano received an MBA from Rutgers Graduate School of Management, a magna cum laude and honors graduate from Delaware Valley College receiving a BS and a New Jersey CPA.
My guess is this is just the former CEO, Steve Nikolas, selling shares to pay his bills. No one else with a big stake is able to freely sell the type of volume we saw today. I'm still very bullish and happily picking up more on these dips. Would still be nice to get some good news out to prevent these types of days, but it's all part of the game.
Good point....thanks for the buying opportunity. Keep pushing it down so we can all pick up more....much appreciated!!
Trader Joes was sued for unproven claims of health benefits on it's label which A88 does not do. The supplement market proves that you can sell just about any product with potential health benefits so long as it isn't governed by the FDA. Feel free to short....good luck.
Totally agree, but I'm not even that concerned with cash positive as these beverage companies typically prioritize expansion and top line revenue growth. They are getting closer to cash flow positive which is great, but an acquisition by a major beverage company (Coke, Pepsi, Nestle, etc) would provide immediate efficiencies which I'm guessing is what they are aiming for right now. Only 3 major players in the Alkaline space which is exploding so I can't imagine eyeballs aren't on all of them. Would love some news though.
Crickets from 236T568.
How high does everyone think this can go?
No doubt this is a 'real' company which now seems to be positioned for some great things. Would be shocked if they aren't an acquisition target for the big boys in the very near future as most beverage companies become attractive around 30mm in top line revenue. Even if they don't get acquired, it's going to be a great year for the stock. Pretty amazing what this company has done while spending nothing on marketing.
I agree. Based on my research most of these beverage companies start getting courted around 30mm of top line revenue. Coke, Pepsi, etc don't seem to care much about EBIDTA because they can immediately provide efficiency with their infrastructure. Combine that with the increased exposure of Alkaline water in general and I really like what I'm seeing. Once some real numbers come out which include Walmart sales it should be very interesting.
They've never really spent anything on marketing or IR from what I can tell, so hopefully they are just waiting with a pile of good news between new stores and increased sales. Frankly, I like that it's moving slowly in the right direction without a lot of news. I feel like they are flying under the radar. Relatively large volume today with no news that I've seen.
Volume is creeping up along with price. I expect some positive news very soon. Hopefully some positive sales numbers from Walmart. It's selling out in all the ones I check and they are reordering.
Alkaline 88 in all Walmart stores across the US!! How has this not made the news or message board yet??? That's over 4600 stores with serious sell through. Checked a couple of my local stores and they are on the shelf and the manager confirmed it's selling well as they have already re-ordered multiple times.
While reaching profitability is certainly looking good for WTER, by no means is it a requirement for success. The typical beverage company is being acquired when it reaches around $20,000,000 of top line revenue regardless of profitability. I would imagine WTER is very focused on achieving that goal as quickly as possible, which in their case is through increased distribution which costs money to establish (more machines in more bottling facilities). This is why they continue to raise money and by no means makes them a scam. If they can execute their plan, this should be an excellent opportunity for those willing to wait it out. No guarantees, but I think it's looking good.