Ann: WHA Signs Supply Agreement for India, page-9

First 9 Last

Share
Profile

Follow
nembakz

460 Posts.

34

09/07/18

10:13

Post #: 34220736
Share

Originally posted by copperroad ↑

Directors are already long and the CEO/founder put $4m of his own money in to get this started. The growth is amazing.
WHA is in the ORGANIC space on several fronts, so the price per can is probably larger than the some others. Don't forget, some of the other manufacturers don't even get their product from here.
I also think this is the first company to sell into India? correct me if i am wrong on that front.

WHA already have over $130m worth of revenue on contracts moving forward so far and Bellamys has some $244m in revenue FROM LATE 2016.
You can see the margins in Organic below.
If these numbers translate across to WHA, the profit is serious.

From Fin review
Organic infant formula maker Bellamy's Australia has more than tripled its full year profit to $38.3 million.
Bellamy's record high revenue of $244.6 million is the equivalent of selling 8.4 million tins of infant formula. Sales in Australia were equivalent to 6 million tins of formula, in a country where just 300,000 babies are born annually.

The company's revenue for the 12 months to June 30 climbed 95 per cent as sales from China and Hong Kong surged 331 per cent to $62.1 million. Australian sales rose 67 per cent to $178.6 million.
A price increase in Australian in December 2015 to nearly $30 per tin helped Bellamy's boost its gross profit margin from 32.9 per cent in 2015 to 45.7 per cent.
In early trade, shares in Bellamy's are up over 7 per cent to $14.34 .

dyor

Expand

Just want to add:
-The $130m agreement based on CFDA approval for conventional IF which they will get soon.
-India deal is for baby food products.
-Organic IF's margin is 30% which is awesome.

By end of 2019, this stock will be $5-$7 easy.

Last edited by nembakz: 09/07/18

WHA Price at posting: $1.22 Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

There are more pages in this discussion • 15 more messages in this thread...

First 9 Last

Add WHA (ASX) to my watchlist

Ann: WHA Signs Supply Agreement for India, page-9

Top Stories

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

Featured News