I wish we could know what that 40pc China growth is based on. If it was 20000 which is now 28000 then I wouldn't be interested. Also knowing if they are actively pursuing export licenses is probably more relevant information.
Foreign sales is noted but I understand they also sell to the US.. So it's hard to break the segment revenue down to China.
In today's presentation there is a page devoted to "honey deliveries over time" slide 25. Does anyone know how our why this metric is useful?
Is the vertical axis used to display tonnes sold? If so then we can start to drive a unit price and possibly volumes for honey in inventory??
This is the third reporting period in a row when increased inventory has occurred.
I wouldn't mind an increased inventory of i knew that they were increasing pricing power. But it seems not to be the case.
Nice to see Ben McKee got awarded 30k options to buy shares. It would be nice to see his direct shareholding worth more than the salary paid to him each year.
CZZ Price at posting:
$16.14 Sentiment: Sell Disclosure: Not Held