A couple of links here to give some optimism for this week's announcement...
Firstly article from NZ Herald yesterday about an e-commerce business in Auckland set up by a Chinese expat selling products into China. Reckons he'll grow from $30m business to $80m in two years and names Healtheries as one of his top 5 selling brands.
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11592544
Secondly, check out the growth in Chinese visitors to New Zealand last year: Up 34%.... Healtheries sells in the souvenir channel over there so this will no doubt benefit sales.
http://www.tourismnewzealand.com/markets-stats/markets/china/
New Zealand represents 50% of Vitaco's Vitamins and Supplements revenue currently so growth in NZ is important to overall performance. I'm a Kiwi too so I know the strength of the brands over there - that's why I think the current share price is very attractive.
The future is bright, page-222
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VIT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.8¢ |
Change
0.001(1.03%) |
Mkt cap ! $56.43M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.7¢ | $5.237K | 53.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 304317 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 88359 | 5 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| VIT (ASX) Chart |