Alot to like in this announcement:
- Another big contract win with a leading supermarket - these contracts are handed out to serious players who can deliver
- On a rough tally, new contracts between this Coles announcement, Foodstuffs NZ and the increased forecasts from Walmart and Nouriz, sales from these four alone for next year have to be near $20m - this is all new business
- This is all on top of growing sales of proprietary products
- As TT has pointed out, growing strategic relationship with Coles, good for Keytone brands and more private label contracts and the new product development team working on multiple opportunities.
Another ripper - KTD is fundamentally undervalued IMO, doing so much more than the flash in the pan infant formula comps and set up nicely for the long term with so much more potential
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Alot to like in this announcement:Another big contract win with...
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