PFT
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0.00% 2.3¢ pure foods tasmania limited

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  1. futurenow
    4,193 Posts.
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    18/12/21
    21:41
    Post #: 58390037
    Your last paragraph I tend to agree with.

    Your buy price and margin estimates are a bit off and without some evidence, it seems like guesswork.

    The grocery cartels do screw the suppliers.
    They also make them pay for marketing.
    They also make them pay when they choose to discount.

    But to suggest PFT are making a measly 75c on a $5.50 item is misleading.

    Screen Shot 2021-12-18 at 9.25.22 pm.png
    Source: https://www.amazon.com.au/Managerial-Accounting-Asia-Pacific-Online-Study/dp/0170413713

    MC has been around the block long enough to know when a product has no hope or becomes uneconomical to produce. I'd suggest he knows he's on a winner here, but also mindful of premature promotion.
    PFT Price at posting: 52.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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