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27/06/17
14:25
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Originally posted by jake0002
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well I reckon that's terrific news.
whilst SP still sucks, it just shows that the relaunch in Aust was a success. This is despite the claims by the resident "retail expert" posters on HC.
This relaunch in Aust cost Yowie next to nothing, but succeeded in testing the mkt, and will allow Yowie to bulk up its sales in Aust over time. YOW costs of expanding in Aust would be marginal, and it gets paid in advance of shipment. Using Unv Candy as distributor allows YOW to concentrate its mgt time and funds on the US mkt.
Just imho, but I reckon YOW s/h on HC need to be careful of the constant down-ramping by some posters.
Claimed "holders" who just incessantly whinge and claim to find purported problems of Yow business, seem to be at odds with the professional investors views!
Note FIL has been consistently happily increasing their holdings as the short term retail investors listen to the whingers, AND we now find that other Instos such as Pie Funds Mgt have been readily soaking up the cheap shares.
A diametric view to those posters with some other agenda?
cheers
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Couldn't agree more ,,
@ Skelto , I think they will enter Coles or woolies at some stage ( hopefully), the plan was to start the rollout in
Smaller retailers first to establish a reasonable price point before doing so ,
Nice to see the sp holding for a change