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24/10/16
08:57
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Originally posted by Investing101
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By far the best quarterly the company has released. Clear, concise, clear figures and goals outlined.
Net sales of 4.9 million U.S which is 6.45 million AUD which is a record for the company and up 104% from the prior period which is a slow one for candy sales.
Signed up new accounts including two divisions of Kroger and have clear goals for international expansion and book release.
Only need to look at the big increase in product manufacturing and costs (raw materials) to see where this quarter is going.
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Are you serious?
They are forecasting the same disastrous cash outflows next quarter.
Where is the forecast profit? Isnt that why you hold shares? Where is forecast breakeven in sales, production etc.
Exactly what is good about losing 2m this quarter and forecasting the same next quarter?