MWR 4.40% 9.5¢ mgm wireless limited

Ann: Trading and Sales Update, page-124

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  1. 7,244 Posts.
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    " they must have heavily restocked after their Xmas sales."

    If most of the 2,300 ordered went to JB, then that is roughly 12 per JB store or three of each colour. Some stores still had significant numbers of some colours left, so on average JB stores may now have around four of each colour. That would allow them to sell on average around 2 of each colour per store per week going forward (8 watches per week per store on average) as long as they re-ordered every 2 weeks. 8 per store per week is 81,000 per year which is likely much more than they will actually sell. More likely it might be more like 4 per store per week for around 40,000 units per year so yes, I think they are adequately stocked now as long as they re-order once a month from now on. I'm hoping they do re-order more regularly from here on now that they have some history to base stock levels on and not let numbers drop to zero again too frequently.
 
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