just in AFR extract:
"
Yowie
Simon Shields: Buy. Big volume growth to come in Yowie. We've seen Nielsen data, the kids really like it, it's selling extremely well, even though there's only limited distribution in the US, and it provides the retail with a very high margin. We think there are two compelling reasons why those volumes will continue to grow close to 100 per cent per annum.
Dean Fergie: I don't agree with Simon, unfortunately. Their sales, we think, don't really add up to the store presence that they're talking. They're still losing money. They've got a strong balance sheet, but with the change in management, we wouldn't buy that, so sell.
*******************
so Dean seems to be saying that locations and sales points where Yowie are selling, should translate into a higher sales figure??
well, imho that should come with time and advertising.
it is still a new product in the US.
Theyre still losing money - well not for long. waith till next Qtrly. They simply must be close to B/E.
Change of Mgt - yep YOW getting the message. New Non-exec Chairman to be appointed. Seperating Exec from Non - Exec. Got to be an improvement.
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