Ann: March 2017 Quarterly Report and Appendix 4C, page-25

  1. 8,760 Posts.
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    yes it IS positive.
    Bert is good imho - he knows his stuff. No bulls### - we got good with not so good.
    He has big plans.
    they still are concentrating on Nth America.

    what he did point out is that Yowie has sold about A$80m retail since startup of only about 2yrs ago! So Zero to A$80M retail sales in just 2yrs !? IMHO, that's pretty impressive.

    The reason they have missed the target of 100% invrease in sales YOY, is because they set a huge target, and any hiccup knocked that target to bits.

    So I ask, what's the problem with a 70% sales increase YOY, and what's wrong with a Gross Margin of 56% ?????

    We still have A$38m in bank, we are advertising, making sales, gaining mkt share, expanding geographically, expanding product range, and sell into the biggest stores in USA (and soon Canada).

    This is a growth stock, and I am happy to let them do their stuff.
    cheers guys
 
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