@kimho22 I'm interested in your take as you seem to have an inside knowledge with the players in this industry. Your timelines are a little off though so I just wanted to rectify below:
1) Bellamy's (BAL) have not used the Blend and Pack canning facility for over 2 years - not sure why you would include them in discussions on 2019/2020 revenue projections
2) I genuinely don't have the information on when Bubs (BUB) stopped using Blend and Pack - only that they have used a number of canning facilities across their range since inception and called out the risk in 2016 of using a single facility (Blend and Pack) for infant formula - it would surprise me greatly if they didn't address this risk in the 3 years since but I'm aways open to be corrected by evidence.
3) You stated $2m profit in your previous post and $3m profit above - some people may be happy with a 50% margin of error but I suggest you stick to one of them.
The point of my post is that Blend and Pack has given guidance of $31m revenues, what is your evidence that this should be doubted. When you consider your response, please remember:
- the difference between evidence and speculation - this is Blend and Pack Pty Ltd guidance, not Wattle Health who you don't seem to like very much for some reason.
