I have been wondering the same thing
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5 is the limit
Some think it's a bug in the update.
personally I think Santa cat is watching you and put you on the naughty list
http://i.imgur.com/sFCuUiG.jpg
Nah it's because there was too much elixer given last year so Santa cat nerfed it.
They had to nerf the 2014 xmas trees because they were too OP in 2013.
All I know is I got one, accidentally removed it, now I got none... But I'll be a cool cat and wait...
I have been waiting patiently for a second present, shhhhhhhh.
http://i.imgur.com/XEcKFXi.jpg
Im begining to think that once you remove one, they stop spawning... That would be my luck.... It's not like I need 5000 elixir.... Oh well, I still have the tree if nothing else.
I do keep looking though, keeping the faith
http://i.imgur.com/sbD8gst.jpg
I got a present when i got the xmas tree and got my 2nd last night which is about 5-6 days since my first