to all the bubs shareholders, when you go supermarket check out the infant formula isle, see if bubs is selling well. in my local, it's A2m, bellamys and aptimil is always low or empty and plenty of bubs. with borders closed, they are losing chinese tourists buying while in Australia and with less international students, I wonder if there's less daigou business. I know my local Coles had bubs on clearance for $15. I big believer in company but goat milk is a niche. I'm just not sure how well they are doing with sales in Vietnam. I commend them for increasing supply, it's the demand side I'm not sure of. I expect this quarter to be ok, it's future years, I can't see the growth if they are not selling on chinese ecommerce site that well compared to other aussie brands. 500mil capitalisation is a lot of expectations. if growth is not there in future years, share price will fall a lot. check you local supermarket next time, if there's tons of bubs, then you know the answer on how well it's selling. it's not the aussies mums that's buying, it relying on the daigou to send to overseas.
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