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0.7¢ halo food co. limited

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ValueSearch

940 Posts.

314

10/09/20

10:16

Post #: 47229727
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Originally posted by TripleTop: ↑

@ValueSearch Thanks for your input and thoughts. My hunch is that not all of Iovate is in the last quarterly or if it is, then some other usual contract manufacturing orders were put on hold or delayed to September to allow KTD to produce this initial huge order for a new client quickly.

Let’s see what we can find out further in the next quarterly or sales update. It would be great to get a general sales update soon - I think it will set us on our way towards 30c again.

Cheers,
TT

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@TripleTop
Omniblend had an annual revenue (contract packing) of +32m prior to KTD acquisition, so should be able to support 8m per Q in revenue. Agreed the mix may make a difference though 5.2m in a Q of contract packing between NZ and Aust. is very low.

KTD Price at posting: 22.0¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

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