RLBD has recently acquired Hillbilly Beverages Inc
Post# of 72711
Posted On: 12/02/2016 2:51:49 PM
RLBD has recently acquired Hillbilly Beverages Inc. of Shark Tank fame...
What you may not know is the beverage sector is currently exploding in valuations and acquisitions! Take a look :
http://www.wsj.com/articles/dr-pepper-snapple...1479816988
Dr Pepper Snapple Group Inc. said Tuesday it would pay $1.7 billion for Bai Brands LLC, which makes low-calorie, coffee-fruit drinks. Dr Pepper estimates Bai’s revenue will roughly double this year to $230 million.
Meanwhile, PepsiCo Inc. is buying KeVita Inc., a maker of fermented probiotic and kombucha beverages. PepsiCo is paying slightly more than $200 million for KeVita, which also has roughly doubled its revenue in the past year, to about $60 million, according to people familiar with the matter
A position in RLBD at or below the $0.10 range (currently $0.02-$0.03) could provide immense short and long term value. RLBD has very few public shares in the float. It wont take much buying pressure to send RLBD soaring above their 52 week high of $0.13 and Hillbilly will start attracting the attention of the big players like PepsiCo and DrPepperSnappleGroup.
What you may not know is the beverage sector is currently exploding in valuations and acquisitions! Take a look :
http://www.wsj.com/articles/dr-pepper-snapple...1479816988
Dr Pepper Snapple Group Inc. said Tuesday it would pay $1.7 billion for Bai Brands LLC, which makes low-calorie, coffee-fruit drinks. Dr Pepper estimates Bai’s revenue will roughly double this year to $230 million.
Meanwhile, PepsiCo Inc. is buying KeVita Inc., a maker of fermented probiotic and kombucha beverages. PepsiCo is paying slightly more than $200 million for KeVita, which also has roughly doubled its revenue in the past year, to about $60 million, according to people familiar with the matter
A position in RLBD at or below the $0.10 range (currently $0.02-$0.03) could provide immense short and long term value. RLBD has very few public shares in the float. It wont take much buying pressure to send RLBD soaring above their 52 week high of $0.13 and Hillbilly will start attracting the attention of the big players like PepsiCo and DrPepperSnappleGroup.
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