As I'm sure you know, RedPrince wants to know how much revenue DSM have received from Fruitflow. I don't doubt Windsor know what that figure is and they should also know what DSM's costs are, otherwise they'd be taking the profit share received from DSM on trust which would be madness, so they must have the ability to audit what DSM are telling them. Anything else would be commercial suicide.
But that doesn't mean they have the right to make public DSM's revenues. That's surely part of the confidentiality agreement ? Wind forward a couple of years. If DSM's Fruitflow revenues are in the public domain and PXS's profit share is in the PXS accounts then anyone with a calculator can make a decent stab at the profit share. Why on earth would DSM agree to that just to placate some PI's with shares in the company they're dealing with ?
Martek's a differnt kettle of fish. They paid a lot for it and it's run like a division. As a DSM shareholder I want to know what the return on that major investment is. In comparison the money DSM have invested in Fruitflow is chicken feed.You're not comparing like with like.
BMW's a bad example too. They might report ( say ) sales of 3 Series but they don't have many models. How many products do DSM sell ? Thousands. A better analogy would be asking a firm who produce thousands of car parts to say how much revenue they've generated from cambelts.
Good luck to you if you try and get info from PXS on DSM's FF revenues. I think you're wasting your time and may as well fart in a midden.
Blase - true, 20 years + investing has taught me that's a good thing. .. and i do not agree with all of what you say - no worries
~the rns was badly handled - I agree, very badly handled, but that's nowt to do with FF revenues ~we as investors should be getting some proper information - it would be nice, but see my response to Asshur / Pedro ~you as uninvested can take a more casual view - fair point. I got lucky and, for once, sold at the right time
I agree with Bern. If we were permitted to see total revenues for Fruitflow, then we already would have. Big business demands confidentiality, they go to great length to hide their dealing from competitors. Bit late for large holders to start freeking about it now. It is a known known, and always was.
I emailed Mr Moon earlier along similar lines. Only I asked for projected revenues. I fail to see why this cannot be reported. The management MUST have an idea of what's in the pipeline else a business could not be run. Now this does not mean giving away details of the PXS/DSM deal as without the sales figures we still have no idea what we are getting per dose of FF. Further as we don't know the profit share then even if we knew the sales numbers they would still be useless in terms of gauging sales numbers. So, why can't we get projected revenues eh?
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