YOW = Buy current price $0.57 Yowie currently being sold at a...

YOW = Buy current price $0.57
Yowie currently being sold at a total of 3800 stores in the US.
Successful roll-out to Walmart 1,507 (February) and Safeway 1,318 (March) stores.
Walmart initial order was for a total 21,700,800 Yowies.
Assuming the Safeway order is similar that’s another ~18,900,00 Yowies.

Feels as though the loose stock from the recent raising and line of stock (4.8m shares) has dried up. With good news flow on the way Yowie is in a great position to break through the resistance level of $0.80. Yowie is positioned well if the AUD falls lower against the USD which is likely to happen over the next year.

Assuming an average of 200 Yowies are sold weekly at each of the 3800.
With high growth ahead for Yowie I have given them a PE of 17 x

1	Yowies sold	40 ​
2	EBIT Per Unit	0.30 ​
3	EBIT ($USm)	12.00 ​
4	TAX ($Usm)	3.60 ​
5	NPAT ($Usm)	8.40 ​
6	AUD/USD	0.77 ​
7	NPAT A$m	10.91 ​
8	PE x	17.00 ​
9	EPS	0.06 ​
10	Target A$	1.06 ​
11	Valuation A$m	$208m ​
12	Fully paid ordinary shares	139,145,199 ​
13	20 cent options	27,553,076 ​
14	23 cent options	3,500,000 ​
15	28.5 cent options	4,200,000 ​
16	Total	174,398,275 ​

Current trial
Yowie is currently trailing in 60 stores at Walgreens pharmaceutical and convenience retail chain which has a total of 8,217 stores. Currently in discussions about a full roll-out
Valero trail completed in November currently in discussions about full roll-out 1,100 stores.

Looking forward
Very close to entering another overseas market
Plans to come to Australia by June 2015
Shopping list of 85 distributors in the US. Currently have 21 with total stores of around 17,000. The total store potential of the 85 is 250,000 stores
They have found a number of 2nd hand wrappers in the US which will require limited modification to have them in production.