EDISON research report!, page-21

101

My posts aren't negative they are about searching for an actual and factual account of the Yowie landscape. Yowie has been great to me.

In my opinion this company is trading on a lot of future promises of deals, rollouts, strategic partners etc. A classic hedge fund paradise is to short promoters and this is starting to show elements of this.

Don't get me wrong, with a few good data points and real execution information this can go back to an overweight buy as the long term opportunity is good.

However, the short term I am worried now and I guess this is showing in my posts. I am worried that the production capacity is only at 7m p.a AND we are stockpiling. I am worried that we have a market cap of 200+m and there is no indication that the U.S. adoption of this product is anywhere near what it needs to be to suggest we are home free. I am worried that Loxton is happy to tell the world he will sell 500m units but can't give us an average sales rate across the 8000 stores we currently have ( this would negate Walmarts issue). I am worried that they are focussing on global expansion plans when a fantastic opportunity exists right in front of them. I am worried they are paying for research reports when the stock is already covered in abundance.

One number puts all this to rest which is the average sales rate across stores. They have it and we don't. Alternatively, re confirm Breakeven expectations for Christmas or re guide? That would be enough too.p

Don't forget, this company is losing money, and is has doubled in share price on the only future expectations. I am not negative, I am worried.... Short term.

Enough with the fairies and deals in pixie land. This only serves as a distraction in my opinion. We all know that the future is good, but only if they get it right today. It is time for some proof in my opinion and I can't understand why we can't have some.

Good luck all, and especially good luck if they raise capital before they give us genuine financial data and sales rates per store.