After reading EGP capital note, I have a better understanding of the situation :
- the difference with today's situation : "3 main suppliers who currently directly supply > 50 independant stores [to move] in the SGI "buying group" with the revenue instead being directed via SGI ",
- the interest for the 3 parties involved : " this aims to create a win/win/win situation, whereby the suppliers get to deal with a single customer, of more secure financial status rather than >50 micro stores, the stores likewise consolidate more of their buying through a single store and SGI get to add scale...".
So, to get these 60 m$ additional revenues in FY 25, SGI needs to convince these > 50 independant stores to buy through SGI, rather than directly to their existing suppliers.
I wonder at what stage they are now in these negotiations.
After reading EGP capital note, I have a better understanding of...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SGI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
37.0¢ |
Change
0.020(5.71%) |
Mkt cap ! $42.69M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 37.0¢ | 34.0¢ | $369.4K | 1.045M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 75000 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| SGI (ASX) Chart |