Share
353 Posts.
lightbulb Created with Sketch. 30
clock Created with Sketch. 28/05/20
10:46
Share
Originally posted by cspro:
↑
Unfortunately I'm sure it won't. There seems to be a significant presence on these forums of keyboard warriors who continually bang on about how terribly KTD is doing and how they should be selling solely dairy, and most importantly IF into China. IMHO it's time some people accepted that this is not A2M. Nor is it Bellamy's. KTD is a different company. It IS diversifying into other foods and beverages. That's a fact. And no, it might not be exactly what I expected when I got in at IPO, but I don't have an issue with it. To me, it's a good sign that the company is signing any deals in the current economic climate. This is a good space to be in. But mostly it seems to be about expanding their distribution footprint and they expect it to open up opportunities for their own brands. That's highly likely. The deal is nothing major, but it's another small feather in the cap - and I'm sure there will be more to follow. I still think things are going along OK with a long-term view and I am looking forward to the future.
Expand
I dont think diversifiation is a problem in itself but for a small unproven company it sure is spreading itself very thin.
