2
0

Opinions on SODA?


 invite response                
2013 Jan 18, 10:03am   69,707 views  181 comments

by Patrick   ➕follow (59)   💰tip   ignore  

My wife bought me a Sodastream water carbonator and I like it because I can make fizzy water for about 30 cents a liter instead of paying $1 a liter in the store. OTOH I was kind of annoyed at their proprietary bottles and connectors which really do nothing more than hold and dispense carbon dioxide, but cost $15 to refill.

I'm getting kind of a good deal, but they're getting a really good deal because I know it can't cost more than $1 for them to refill that thing.

So... instead of being annoyed, I looked up the stock (SODA) and they have no debt, a P/E of 25, and seem to be growing rapidly. I bought some of the stock today. Mistake? What am I missing?

« First        Comments 145 - 181 of 181        Search these comments

145   Patrick   2016 May 2, 7:18pm  

zzyzzx says

Now they are shrinking their syrup bottles:

geez, as if that stuff costs anything at all to make. prolly 2 cents per bottle.

146   komputodo   2016 May 2, 10:07pm  

anonymous says

Want to make your own fresh Coca-Cola at home?

yep, nothing quite so refreshing as a fresh coca cola. Sounds healthy too.Win-win!

147   zzyzzx   2016 May 13, 10:08am  

Obligatory:

148   curious2   2016 May 13, 11:53am  

zzyzzx says

What's BDS??

Boycott, Divestment, and Sanctions: an anti-Israel campaign to punish Israeli companies, e.g. SODA. It has the vehement support of Muslim and some Christian groups.

149   Patrick   2016 May 15, 12:32pm  

the appropriate response might be a counter-bds campaign.

i guess everyone would lose, but the richest people/organizations/countries would lose the least.

bds is really about imposing political correctness via economics.

150   FortWayne   2016 May 15, 1:13pm  

We actually own some stock, couple of thousand not much. However, we also bought their machine, I think it's awesome. Their flavors are terrible though, have to make your own right now. But if they figure that part out, they'll make a killing.

151   MisdemeanorRebel   2017 Jan 20, 10:02am  

Attention Soda Stream:

A new bill in the Illinois Senate is taking aim at soda drinkers.

Senate Bill 9, proposed as the Sugar-Sweetened Beverage Tax Act, would place a penny-per-ounce tax on bottled sugar-sweetened beverages, syrups or powders sold or offered for sale to a retailer for sale to a consumer.

https://www.illinoispolicy.org/illinois-senate-proposes-statewide-tax-on-soda/

#SODA

152   Patrick   2017 Feb 3, 3:53pm  

Finally back in the black with SODA!

I read that they are going back to their fizzy water roots and giving up on sweetened drinks, and that's what's driving the uptick.

153   Tenpoundbass   2017 Feb 3, 4:57pm  

I don't see them ever doing better than what they have done. They will be like the millions of Ronco As Seen On TV deals. Seem to good to be true, and some can justify the purchase. But in the end the lack of universal standards will ultimately doom it to fail. Not to say they wont find a new batch of people to buy it. It's more a curiosity that one must buy and buy the stuff to make the sodas about thrice, then put it in the closet to never be seen again until its sold in a garage sale.

My oldest daughter bought our youngest one for Christmas it has already lost its fizz. Neither of them were impressed upon opeing and discovering the process and what is involved.
They did try a different syrup but in the end both gave it the tumbs down and plan on selling it the next garbage sale they host to raise money for some cause.
Personally I don't drink Soda, I'll drink soda water, but not sweetented carbonated beverages.

154   Tenpoundbass   2017 Feb 3, 5:00pm  

T L Lipsovich says

Attention Soda Stream:

A new bill in the Illinois Senate is taking aim at soda drinkers.

Senate Bill 9, proposed as the Sugar-Sweetened Beverage Tax Act, would place a penny-per-ounce tax on bottled sugar-sweetened beverages, syrups or powders sold or offered for sale to a retailer for sale to a consumer.

Sounds like I need to buy me a shit load of strawberries and sugar and make me some Strawberry Soda Syrup. Figger I can run it boot leg up through Illinois in my Fastback.

155   Patrick   2017 Feb 15, 10:25am  

Now I'm significantly in the black with SODA. Nice.

And it seems to be a legit rise:

http://finance.yahoo.com/m/9bb1ed23-c235-38ac-8f1f-6685c03a4bcd/ss_sodastream-shares-pop-like-a.html

SodaStream's (SODA) profit tripled in the fourth quarter as the carbonated-beverage device maker easily bested expectations on Wall Street. Diluted earnings rocketed to 71 cents a share from a prior-year profit of 24 cents on 17% revenue growth to $131.8 million, well above analyst views for EPS of 30 cents and revenue of $124.8 million.

157   Done   2017 Feb 15, 12:05pm  

I would be careful where price is currently....

158   Patrick   2017 Feb 15, 12:11pm  

Sure, there's danger, but that makes it exciting!

And just look at that rollercoaster ride. The changes in momentum are so pretty.

159   Patrick   2018 Aug 2, 5:42pm  

Wow, blowout earnings and a suitable pop in stock price:

160   Patrick   2018 Aug 20, 9:36am  

Well, it popped up another 9.5% today because Pepsi is buying them.

I guess that's a good outcome, though I won't get to enjoy being right about SODA anymore. I'll just be another Pepsi shareholder, which is not as exciting.

Also nice that it's a no-tax exit.
161   Patrick   2018 Aug 20, 9:39am  

Oops, maybe it's not a no-tax exit:

PepsiCo will pay $144 per share in cash, representing a 10.9 percent premium to Friday's closing price of SodaStream's U.S.-listed stock and a 32 percent premium to its 30-day average.


https://finance.yahoo.com/news/pepsico-buy-israels-sodastream-3-062811088.html
162   Patrick   2018 Aug 20, 9:44am  

On the third hand, I bought it in a 401k rollover, so no tax! At least not until I retire.
163   MisdemeanorRebel   2018 Aug 23, 9:11am  

#BDSFail
164   FortWayne   2018 Aug 23, 9:14am  

This is a hold for me till coke or Pepsi buys them.
165   Patrick   2024 Oct 22, 3:43pm  

I finally have at least a workable alternative to the very expensive little SodaStream CO2 refill bottles.

I bought a carbonation kit from kegoutlet.com for $246 including shipping. That got me a big canister, pressure regulator, and some tubing. No instructions, but not that hard to figure out. Then I filled the canister at a restaurant supply place around here for $20. That CO2 should last at least a year.

Didn't work well at first, just shooting big bubbles into the water, but after a couple of tweaks it is working well enough. I bought a "diffusion stone" from a brew place in Berkeley for $10 and put it on the end of a hose that goes into the bottle. Now it makes many tiny bubbles which dissolve much better than big bubbles.

So now my process is:
- fill small Perrier bottles with filtered water (I got the small ones because they fit under my kitchen sink tap)
- refrigerate five of those until chilled and keep in the bottle slots in the fridge door (cold water is way easier to carbonate)
- when I want fizzy water, I take one out, put the hose with diffusion stone in, and turn on the CO2 at about 50 psi
- shake the bottle for 30s to one minute to get more fizz going into the water (without that, not good enough)



The shaking part is the only downside. I wish I had a mechanical agitator that could do it for me.

Wife is nervous about the CO2 canister in an earthquake, since it is at 800 psi. So I put it in a box with a bungee cord holding it upright. Should be OK unless the earthquake is really severe.
166   Eric Holder   2024 Oct 22, 3:50pm  

Old plastic bottles leech chemicals into the water. I'd get rid of plastic and go for SS.
167   Patrick   2024 Oct 22, 3:50pm  

What's SS?
168   Eric Holder   2024 Oct 22, 4:00pm  

Patrick says


What's SS?



, of course!

PS. Just kidding, it's stainless steel.
169   Patrick   2024 Oct 27, 4:35pm  

SodaStream charges a $14 deposit for each container, but then tries hard to evade paying it back if you want to return an empty:

https://www.theguardian.com/money/2019/apr/23/sodastream-recycling-deposit-refund-cartridge


We had to fight to get our cartridge deposit refunded and it’s not worth the hassle

I have had challenges reclaiming deposits from SodaStream. If you pay a £10 deposit for an online order of a gas cartridge they commit you’ll get it back when you return it empty for recycling. However, on four occasions I have had to chase and in three cases they insisted they did not owe me anything. The latest wrangle went on for several weeks. I use SodaStream to avoid using plastic bottles of sparkling water. But all this hassle is leaving a nasty taste. RZ, Arundel, West Sussex


Glad that I escaped from them and now have my own carbonation setup.
170   WookieMan   2024 Oct 28, 9:13am  

Patrick says

Glad that I escaped from them and now have my own carbonation setup.

I just don't get making shit like this at home? Time is money. You're likely not getting it any cheaper in the long run. I drink a lot of beer. I could brew my own. Not worth it. The cheapest place to buy my beer is 1 minute away. I'm not going to spend my time brewing beer. I'm going to drink beer.

I get it can be a hobby, but it's more expensive to make your own stuff. Mass production is exponentially cheaper than what you can do. Save the time and go for a hike, bike ride, walk, whatever, etc. I don't like wasting time. I do like writing so I'm here a lot. But I'm usually doing something.
171   Patrick   2024 Oct 28, 9:55am  

We drink a lot of fizzy water, so it's well worthwhile. Went from like $1/liter in the stores to 25 cents/liter with SodaStream, to 5 cents/liter now.

And I enjoy escaping from dependencies, so that's a bonus.

Beer is different, being much harder to make and probably not any cheaper when self-made.
172   WookieMan   2024 Oct 28, 10:05am  

Patrick says

Beer is different, being much harder to make and probably not any cheaper when self-made.

Gardening is about the only thing cheaper doing it on your own. Time is money. You're not factoring that in I think. You're likely over $1 in time per liter. Likely more. If you spend 30 minutes with "brewing" it or whatever it is, if your time is worth $50/hr, you're losing money. Hobby fine, making it cheaper, likely no.
173   Ceffer   2024 Oct 28, 11:27am  

Patrick's method increases the acidity of the water, which is hypothetically good for metabolism and immunity.

Canned stuff has that plastic liner in the cans that can be sources of toxins. They find some way to poison the stuff that is mass produced for consumption.
174   Patrick   2024 Oct 28, 11:54am  

Right, the CO2 makes carbonic acid. I wasn't thinking of any health benefits though, just the pleasant tingle.
175   WookieMan   2024 Oct 28, 1:00pm  

Patrick says

Right, the CO2 makes carbonic acid. I wasn't thinking of any health benefits though, just the pleasant tingle.

Bad for the teeth is what I've heard is all. I've looked it up before and too lazy to do so now. But I've read enough to believe it's not great on teeth. You won't be some redneck missing a tooth, but I've heard it erodes enamel.

I have rocks for teeth, so I don't care. But people with sensitive teeth might have issues. No cavities and only dental work was removing a tooth as a child for braces. I also don't do sugar either. This week is the only time all year for me. I'll take some of the kids candy. My oldest will attempt to hit all 800 residential homes in town. We usually put the year old candy out for Halloween and just say grab what you want. I'm pretty strict on candy as dental bills are mucho expensivo. I've currently got a used car in my kids mouth (braces).... fuck that shit.
176   Ceffer   2024 Oct 28, 4:49pm  

I doubt the standard fizzy stuff is acidic enough to harm teeth. Colas have phosphoric acid (stronger) and sugar (food for clinging acidic bacteria and flora). Enamel does have a limited re-calcification capacity.
177   WookieMan   2024 Oct 28, 5:14pm  

Ceffer says

I doubt the standard fizzy stuff is acidic enough to harm teeth. Colas have phosphoric acid (stronger) and sugar (food for clinging acidic bacteria and flora). Enamel does have a limited re-calcification capacity.

I maybe have a coke a month if that. I've just heard the carbonated stuff is bad. I'm open to being called wrong. The alcohol in beer likely negates that kind of carbonation. I used the bubbly stuff for a while quitting drinking beer. It did not help my teeth is all I'll say. No cavities or pain, but it was different. Agree or disagree, that was my experience.
178   Patrick   2024 Oct 28, 5:56pm  

I picked up the fizzy water habit when studying in Germany. They drink amazing amounts of the stuff, usually from some natural spring with various minerals which are listed on the bottle. But the Germans all seem to have good teeth anyway.

In fact, the Germans seem healthier on average than Americans, in spite of smoking, eating lots of sausage, and drinking lots of beer. Maybe it's higher quality food, or just that they get more exercise.
179   HeadSet   2024 Oct 28, 6:36pm  

Patrick says

Germans seem healthier on average than Americans, in spite of smoking, eating lots of sausage, and drinking lots of beer. Maybe it's higher quality food, or just that they get more exercise.

OR:
They truly are the master race.
180   Patrick   2024 Oct 28, 6:50pm  

Well, they are pretty tall, but the Dutch are even taller. Maybe the Dutch are the master race!
181   WookieMan   2024 Oct 28, 7:38pm  

Patrick says

In fact, the Germans seem healthier on average than Americans, in spite of smoking, eating lots of sausage, and drinking lots of beer. Maybe it's higher quality food, or just that they get more exercise.

They eat foods with less preservatives. That's why I get whole cow and pig from local farmers. Never meets up with shit in a factory for 2-3 weeks of shelf life unfrozen. Anytime we buy grocery store meat, it's getting cooked in 48 hours or frozen immediately.

I do think beer is good for you. Daily. None of us exist without beer. There was no clean water back in the day. I'd argue there still isn't. There's more chlorine in my villages water than what was in my pool. I was drinking pool water and god knows what else. I know what beer is and it makes me feel fuzzy. Win win. In moderation of course.

Gotta go to a butcher for meat. Not a chain grocery store. It will cost 2-3x's more, but you get better meat. Especially sausage.

« First        Comments 145 - 181 of 181        Search these comments

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions   gaiste