Furthermore, the DSM statement is only valid today. Tomorrow they could rewrite it, add to it , dispose of it or even ignore it. It is not a contract or obligation. I would put no faith in it whatsoever. DSM are big enough to simply say we had a rethink or an opportunity arose too large to miss etc etc
Quote Alfista "In fact, Gixer posted up DSM's stated policy on acquisitions, in which they state their strict criteria. It isn't going to happen in the short term, and could only happen when Fruitflow is very, very profitable for Provexis. And when Fruitflow is very, very profitable, and DSM want to own it outright, well it is perfectly obvious that it will command a price commensurate with that profitability."
More wishful thinking - as if DSM are going to wait for the mkt cap of pxs to rise substantially before making an offer - why would they?Earnings enhancing for them would imo occur shortly after breakeven for us ofc that is imho.
I have read their t/o ciriteria and you are once again making things up to align with what you would like to see as opposed to the reality of such a scenario occurring.
The end of March is within sight, the Pre Close Update is the next opportunity to measure revenue progression. This has become controversial to my mind, because IMO the revenue flow as reported to date is some interim amount decided arbitrarily. That in itself is not a problem, I wasn't expecting any at all until at least the next reporting period. The explanation, high cost of establishing a global supply chain, should be obvious to all. Since the last reporting period, more new products, massive expansion of territory for Sirco, more establishment of the new brands which have appeared since FF2 launch. When Sirco was brushed off as not that significant I am sure they were not expecting such exponential growth of retail availability and promotion. So bring on the real revenues, let us see the proper progression as volume increases bring cost reductions, and contribution to scale up costs diminish. We'll still have to read between lines of course, the company has taken cryptic to new levels.
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