Australia's largest stock trading and investment forum Australia's #1 stock forum

YOW

Click for more information

0.00%

2.5¢ yowie group ltd

I suspect the competitor is Kinder Surprise, who previously...

First 18 Last

Share
Profile

Follow
alpha-bet

51 Posts.

10

14/02/18

13:46

Post #: 31049812
Share

Originally posted by Investormate ↑

Who is the competior??? They should be outlining this. If it’s a major,,, YOW should sheet up shop as they are insane to think they can match the marketing spend.

There are serious disclosure issues with this board as you can’t tell me they didn’t notice the competitor and market decline prior to their 3rd jan announcement. Also - how can they not disclose a 2 year mounting stock adjustment until 12th of January. They would have known about the growing problem for over 18 months and never informed the market of this problem that would have a direct effect on earnings.
I no longer hold YOW due to the continued dismal performance of management.

For those that still hold, you should be calling ASIC as there are serious disclosure issues and shareholders are falling victim to massive value destruction.

Expand

I suspect the competitor is Kinder Surprise, who previously wasn't allowed into the US for regulatory reasons (choking hazard).

It would be surprising if the board was surprised by the loss of market share to Kinder Surprise.

YOW Price at posting: 11.5¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

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

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

MIN

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

WC8

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

There are more pages in this discussion • 43 more messages in this thread...

First 18 Last

Add YOW (ASX) to my watchlist