Ann: Revenue Guidance Update, page-48

This company is a joke. They got found out by pumping huge volumes of stock into walmart and suprise suprise it didnt sell hence they had to credit it and take a huge loss.

Their pricing structure is wayyyyyy outta the ballpark, established competitors like kinder in the US are 50% cheaper.

As for their aussie foray well theyve got into metcash which is 15% of the grocery market and even then as all metcash customers are independent only stores that agree to take it (smart retailers would only take a large carton deal on em as sale/return or credit basis). The rrp in aus is 3.99 what a joke, kinder suprise saw them coming months before theyre entry and dropped theyre price in coles/woolies to $2 so why would coles n woolies buyers even consider an unknown brand (unknown to their target market). Anyway if they do get in one or both of the main chains, they get 12 weeks to reach a quota which wont be small, product get deleted and the chains delete the product, yowie forced to credit remaining stock and chains still pocket huge ranging fees.

This company will not be around by years end, get out now, now, now!