Of course I'll keep an eye on them, and I wish you luck. Having Woolies in for 25% should provide certainty re the contract side of the business. In fact, if you are able to do any rough workings on what volumes & margins you believe they are generating on the contract side of the business, then I stand to be convinced!
Whenever I'm looking at share that I can experience I will do so before buying. For the record, I quite liked their IPA.
It just seems a shame to me that they may miss an opportunity. 1/2 a million cartons of cider could net them $10m+ P/A in revenue! The way the cider market has expoloded over the last year or so is amazing!
Problem is, their are alot of other on the market and most taste ALOT better than Blue Angel. Get your girlfriends/wives to do a taste test.
If anyone who works at GRB reads this, take note. Your market reasearch, testing & focus groups are WRONG. Get the product right and align it with your other premium products. You will sell more and increase margins!
Rant over!
quarterly report, page-7
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