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Key Sole

11,062 Posts.

843

19/01/21

20:42

Post #: 50286782
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Originally posted by RuinAndWings100 ↑

Yes, but how that increases the WHOLE of PFT as a business is a different percentage, Woodbridge doing 50% YoY won't increase the whole of PFT by 50%.

What was in question was the statement in the last announcement saying "based on this additional distribution and others, PFT revenue is expected to increase by a minimum of 15%". It kind of implied that the business as a whole was only going to increase by a minimum of 15% from this deal and the growth of other PFT businesses, not that Woodbridge ALONE was increasing PFT revenue by 15%.

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Much better overview mate.

The thing is as you suggest the Monde Nissin current deal, as stated by Management will improve the whole bottom line by 15%.

** But, This is not even taking into account ''The Meat Club'' and specifically the New Redmart / Alibaba deal, as I understand from my own enquiries......

PFT Price at posting: 93.0¢ Sentiment: Buy Disclosure: Held
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