How can you compare Bal to CZZ?
They have close to nothing in common.
1. CZZ never growth on Daigous and China story.
2. CZZ growth since ASX listing
Column 1
Column 2
Column 3
0
Year
Net profit
Growth
1
2012
2,552,822
2
2013
3,446,604
35.0%
3
2014
4,619,011
34.0%
4
2015
7,845,647
69.9%
5
2016
9,483,463
20.9%
This company never failed to deliver results.
3. HY results are without to JV, Manuka business with Comvita and JV with biggest WA honey producer
FY results should be with 15% to 20% growth
4. Two months ago Capilano start producing apple cider vinegar for one of top 3 retailers in Australia.
5. Ben McKee has understanding for bees and beekeepers and production, but his negotiation, marketing, pricing skills are disappointing.
6. We need CEO with connections with WES and WOW. This management can't deliver good deals for us. We have more then 70% market share of australian honey, so we are not peanuts that supermarkets can play with.
7. Why is Capilano approximately 10% cheaper in Wow then Coles, why did they bite our margins?
Even with price increase in June this HY we have less profit?
8. Management don't deserve $1 bonuses until they negotiate fair deals for our brand!
CZZ Price at posting:
$15.20 Sentiment: None Disclosure: Held
