YOW 0.00% 2.5¢ yowie group ltd

Ann: June 2017 Quarterly Report and Appendix 4C, page-40

  1. 4,783 Posts.
    lightbulb Created with Sketch. 149
    I can see the posts now

    "China, we're going to China!. I rang a 7/11 store in Beijing and we struggled at first but through the confusion I heard him say yowie, yes, yes we stock yowie"

    Incidentally, before we get to this inevitable management announcement, can I just pre empt that the price point for a Yowie will be no more than 7 RMB in China, which is about $1.25/$1.40. Store will get half, wholesaler / distributor wants a margin. Yowie must produce a unit for around 30 cents to make a 15-20 cent margin. Before tax, cartel fees and JV fees. Then it will be parallel produced out of its own factory and discover 90% of its manufactured stock is sitting on a floor in Chongching.

    Basically, they'll generate more revenue and profit selling them for $2.50 out the back of a ute at Summernats than in all of China
 
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