A few questions Mate:
1-Why did the Yowie new Board had a plan of less than 1 million dollars in sales in Q2 for Australia? Seems very low based on the historical $100M results.What is their objective for the full F18 year and what share of the market that they will achieve ?
2-What is the actual growth for the US market in Q2 18 and 1H 18 net of Discovery World , Australia and Canada sales which were not available during F17?
3-What is the expected incremental volume expected for the 15000 new projected stores for FY 18 ? How many stores (If any)have delisted our product? Are the new stores permanent listings or just temporary placements?
4-What drove the inventory adjustment in the top customer, what is the expected impact if any in future projections for YNA growth in F18?
5-The new Board spoke about the total market being down 1.5% but how can that be given all the new competitors entering the market? Are they talking about the total chocolate market or the chocolate novelty segment were they compete?
6- The new list of potential new stores included in the quarterly report includes 7-Eleven which was not included in prior reports. How many incremental stores will 7 Eleven deliver over their original 15000 stores? , what is the estimated volume and what is the total number of stores that Yowie (Including the new 7-Eleven stores) will deliver in Q3/Q4 2018 and their estimated incremental volumes?
It seems that the new Board believes there is progress but more clarity on the above mentioned points will help us evaluate the impact that the issues and opportunities outlined , may have on the New Board forecast and future growth plans.
YOW Price at posting:
16.5¢ Sentiment: None Disclosure: Held
