Whether we like it or not: health and plant protein is booming,...

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sbaggy

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01/10/20

17:29

Post #: 47785028
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Originally posted by guestjj: ↑

There is lot of dicussion in the treads in August but the summary is that lot of the initial investors bought the KTD story with the primary focus on milk and milk powder manufacturing company. Clean and simple story

Along the way the started talking more about thier own products which lot of people including me did not think was a good move because

- There zillions of consumer products on the shelf
- Consumer products require huge marketing budgets
- There is nothing really outstanding (USP) about these consumer products.

There were also doubts about the cost and purpose of acquisitons.

Also the COVID was the ideal situation for growth but KTD is one the few shares still languishing. (IPO price was 0.20 in 2018)

Many investors were dissapointed and sold out.

Most of the big wins are for contract manufacuring not consumer products

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Whether we like it or not: health and plant protein is booming, in a massive way! Hence the announcement from ASX: BUG which is an excellent and timely example proving my point as they too are following the money (plant protein trend) and "transition[ing] towards a company rebrand that will focus on plant protein foods following the sale of their ginger production business... which will be followed by a name change to Health and Plant Protein Group."
There are dozens more examples highlighting this wholefood and plant protein food revolution (evolution) has momentum, and I think KTD being one of the early/first movers to the space was a genius stroke, but of course time will tell.

I'm not saying KTD is transitioning to anything, just in my eyes diversifying with their proprietary brands and ranges is a story I can get behind. KTD's dairy roots BTW is going strong. You may have missed the recently announced new Immunity Booster, Goat and Organic Milk Powder products:

KTD Price at posting: 21.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

1 Great analysis

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