When you say that the majority of 'Personal' hampers are purchased by females you are most likely correct and is was good that you pointed out 'Personal' because most people don't realise that the hamper business is an annual billion dollar business that is 80 to 90% dominated by corporate customers. Consider the realestate agents that send hampers to the buyers and sellers of each property, the clubs that raffle hampers every week and all the banks, telecommunication companies, accountants, solicitors and the list goes on, that send hampers to their corporate customers each year. I think that they bought this business cheap, probably because of the lock downs that have closed the clubs, pubs and casinos which literal buy them by the thousands. Corporate customers look for two things when deciding which hamper business to use, they want a good working website that is easy to use and has large range of hampers to choose from which are delivered on time, we tick all those boxes. Hampers have significant profit margins and I view this as an excellent economy reopening investment. We already have a profitable business that pays dividends that has now entered the complimentary hamper business, I think investors will be well rewarded over the next two years. GLAH
Buy Tulips, I think they may have finally bottomed out now!
PTL Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held
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