This is an old school favorite of mine. For those of you who were readers back in the Fly on Wall St days, if you recall, I had Danny aka Spydercrusher do a video about Hansen Natural’s foray into the coffee beverage market.
Last night, the company destroyed earnings. This is one of the index members in my semi-annually managed portfolio inside Exodus. Also, I’m an avid drinker of Monster white and blue when I go to the gym.
Gross sales for the 2016 first quarter increased 9.5 percent to $777.5 million from $710.2 million in the same period last year. Excluding acceleration of deferred revenue, gross sales increased 16.0 percent for the 2016 first quarter. Net sales for the 2016 first quarter increased 8.5 percent to $680.2 million from $626.8 million in the same period last year. Excluding acceleration of deferred revenue, net sales increased 15.9 percent for the 2016 first quarter. Unfavorable currency exchange rates had the effect of reducing gross sales by approximately $15.1 million and net sales by approximately $12.3 million in the 2016 first quarter.
Lastly, there’s the partnership with Coca-Cola that seems to be bearing fruits.
“Additionally, we are pleased to note continued progress on the implementation of our strategic alignment with Coca-Cola bottlers internationally. In particular, we have concluded agreements with Coca-Cola Amatil and will be launching our Monster Energy® drinks in Australia and New Zealand in May 2016 with Coca-Cola Amatil. We are also pleased to report that we have reached agreements with a number of other international Coca-Cola bottlers for distribution of our Monster Energy® drinks. In the United States, the Coca-Cola bottlers have expanded the number of outlets in which Monster Energy® drinks are available, and we are seeing improvements in our levels of distribution.
My best guess, KO acquires MNST for upwards of $200 within two years.
If you enjoy the content at iBankCoin, please follow us on Twitter
The more I read about this Colin Lokey the more I see in you.
“Working at Zero Hedge was also exhausting, Lokey said, and typically involved early morning starts and writing as many as 15 posts a day of as many as 1,500 words each. The work didn’t stop on the weekends, either. Text messages exchanged between Lokey and Ivandjiiski, screen shots of which were provided by the latter, paint the picture of a work environment that ranged from exhilarating to exasperating.”
The only difference is he’s an abject moron, with alcoholism and mental problems, while I am a fucking space alien magician with an IQ of 155.
Just don’t want to see the 155 IQ man burn out over publishing quotas.
On my initial interview they timed how fast I could fill up numerous vessels with varying amounts of water.
Thank you. But I am the boss and do not have quotas.
I’ve owned Monster since it was pennies, since long before it was Monster or even Hansens. Out of stupidity.
Fresh out of college, got a cold call from some dirtbag peddling some worthless penny stock out of an office in Denver or maybe Salt Lake City, and I made his day. The company, if there really was one behind the stock, was 2 or 3 medical clinics of some sort.
The shares were used to make at least one other penny stock scam available for sale to the public before Hansens made use of the shell. Hansens made money, but not much, and grew, but very little, for quite a while before they somehow hit the big time with Monster.
Due to reverse splits and dilution, I don’t own many shares of MNST, but it is enough that it is worth multiples of my original cost. The rate of return is mediocre at best, due to the length of time I’ve owned it, but it looks pretty good next to the 100% loss that I should have ended up with.