Ann: Investor presentation, page-32

Its good to see you have a positive view on this Jatcorp presentation.

Careful reading of this presentation has some interesting statements that give an indication of the current situation and future operational activities to counter these challenges.

Challenges that are likely to remain.

"Supply of product and high prices of raw materials (due to unforeseen issues such as COVID-19 and drought) is an issue that is likely to remain. Sourcing raw material from global markets as domestic supply issues continue."

Lack of supply is possibly an explanation for the apparent inability to fill that $80 mil order for mainly milk powder ingredients yet.

Challenges that are being resolved.

"Although COVID-19 has impacted JAT's operations and sales, the company is committed to establishing direct links with large Chinese state-owned companies and large private enterprise to develop recurring revenue streams based on functional and Innovative products with large addressable markets."

Apparently even prior Covid Jatcorp had set a strategy in place to counter the reliance on Daigou sales.

From the new director announcement.

"Prior to COVID-19 lockdown, JAT commenced the process of reducing its reliance on daigou stores and Chinese tourists by establishing direct links with large Chinese state-owned companies and large private enterprises so as to create stable and mutually beneficial supply chains.

This strategy has been assisted by JAT’s newly appointed non-executive director, Mr Sun Xin, who is providing significant assistance in development of these links from his base in China. Mr Sun is helping JAT to establish more business connections with Chinese companies."

We have seen evidence that this strategy is working with deals signed with varies China state owned enterprises such as Suning and Lanzhou.

A couple of other little gems in this presentation that can be speculated on.

"JAT plans to deliver sustainable revenue growth as the company continues to grow its in-house brands while considering acquisitions to accelerate JAT's expansion within the Australian and Asian consumer markets."

Considering acquisitions?

"The first batch of mixed plant based meat products produced by JAT Oppenheimer and have been distributed to major Chinese catering and food chains after being trialed by a well-known Chinese restaurant chain."

Is this an actual sale after the free handouts of Vmeat?

All good anyway.

GLTAH DYOR