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DW8 Growth, page-1642

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Nebett

2,437 Posts.

340

04/01/21

12:19

Post #: 49925866
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Originally posted by Jonotr0n: ↑

I've had more of a think about the astronomical comment, and we may want to lessen our expectations.

Dean said the volume of wine going through the warehouse in the past 4-6 weeks was astronomical. That comment was made on the 21st of December, so three of those astronomical weeks were in the November numbers, and I wouldn't say those numbers were astronomical, just the normal growth we'd expect.

December could be a different story, but to justify the term "Astronomical" you'd expect a significant jump in volume (50%), and not the 10-20% growth in volume expected.

It may be a case of Dean simply being impressed with the combined volume of wine from Wine Depot and WDA, plus the expected Christmas growth.

Just some thoughts... better to be pleasantly surprised than disappointed.

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IMO I think we'll all be pleasantly surprised in the coming weeks off Q4 results.

DW8 Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
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