Sad but true. Clients like Yowie as they have high margin and low shelf space requirement but shareholders don't win with that formulae. We win with volume to wash our huge cost base and are left counting tenth of penny improvements . Most of this announcement was known so should be no surprise. Initial stocking orders for the roll out will skew numbers but the real number is the repeat sales and repeat orders. Rollouts don't happen overnight.
No insight into part quarter numbers and squirming says a lot about where they were headed with that target and these "extra"accounts due to stocking orders will possibly get them out of that bind but no serious comment on how Canada is going??? Another old cult country being NZ expanded into and no specific news ?? That is a little red flag in my mind.
Musky the initial orders from Canada should have made numbers look good but feedback from AGM showed no confidence so not sure what is going on.
- Forums
- ASX - By Stock
- Ann: Expansion of US Retail Distribution
Sad but true. Clients like Yowie as they have high margin and...
-
- There are more pages in this discussion • 71 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add YOW (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.275M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
YOW (ASX) Chart |
Day chart unavailable