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Not necessarily several years Vas as the sp will eventually see the potential of Chill rather than react to the odd piece of news.
Obstando, just to be clear, I am including the commentary when I say set of accounts. I appreciate the numbers were irrelevant in most part as a lot has happened since March but no highlights, no forward looking statement, no commentary full stop. That is what I was referring to.
If what many have been hoping for finally starts to take shape here, we are talking several years, to get to several £1s then there should be no problem in having both IMO. Chill will first have to learn to walk one step at a time, then learn to walk in the right direction.
Absolutely CM that’s what I’m looking at, it’s small minded to look at early profits in a company so young and especially the fantastic last 2 announcements, look at the bigger picture rather than the small, yes the SP is volatile at the moment and yes if the latest results are not great the SP will go down but not for long. Vascular you write as if you are looking for a quick buck not a long term profit I’m afraid.
I am not making predictions as I’m not bothered by short term movements. Personally I believe the new product just announced will sell even better so what’s happened over the last few months aren’t relevant to my planning.
CM. lets have a stab at a very basic working just for fun!
Lets forget any new stores opening in this last quarter ( i am sure there were some, but just for this).
2,500 stores already up and running and established ( big selling stores SF) selling 2 packs at $5 each gross = $10 per outlet per day x 90 days = $2,250,000 gross.
The last quarter to July we had approx. £2m revenue
Citizen. Can you see a figure similar to this being published, what figure do you have in mind. ?
Forgot to add. That is based on 2.5 items sold per store per day. Something I feel is very reasonable.
CM, $2m sales in Q3 and we'll bounce around in the 20's 30's. It's up from here but it's $3m I suspect that will perk the markets interest.
I don't mind sharing my forecast. For September I have 2764 stores with a revenue of $1.1m. August and July are lower as I forecast month on month growth. Several months ago I suspected I was being conservative, now I'd be more than happy with that.
CM. I have no idea what the revenues will be? You seem to have a better idea than me? and suddenly not so bright eyed and bushy tailed. I am suppose to be the baddy, the deraper, the troll, the twin, TW buddy etc lol You are suppose to be the ramper? whats happened?
CHILL seemed very bullish in the last Business UPDATE two months ago.,.
RNS Business Update 29th July 21 ( 8 weeks ago) SP 55p
" Chill products are now stocked in approximately 2,500 brick and mortar outlets across the US. The expansion is set to accelerate in the coming months and the Group looks forward to updating the market accordingly."
Well now is the time to update the market accordingly on the accelerated expansion surely.
"The Group's Chill product range has and continues to be well received by the US retail operators that have been selected by the Group's distribution partners".
I assume these are new stores, not the stores they chose in April 21.
It all sounds to me they were expecting growth this quarter ...from what was in the last Business Update!
You’re not looking at it sensible. Unless the store count has gone up massively then the sales Q3 aren’t likely to be massive. Q1 benefited from the fact the store count was increasing a lot. If due to the continuing problems caused by Covid such as truck driver/warehouse staff shortages the store count hasn’t increased much then that initial order to fill these display cabinets won’t be there. That why there looks to have been a fall off in Q2. Unless there are new stores then it’s only restocking orders. So Yes Vas you are quoting high $3m type figures knowing it’s probably not then if gives you the opportunity to say told you so. Sums you up.
@DRB "Worst set of accounts I have ever seen"
CM. That's not right. Just giving MY views on both of the two most likely outcomes. In fact, those that have kept their powder dry over the past few weeks and months possibly have more to gain from a positive outcome - as they can buy at a 40% discount to just a few weeks ago.
And that is my point, investors holding large amount of shares could get a little irate, when positive revenue news sends the SP back to 40p plus , where the SP was a few weeks ago - before the profit takers move in, and take it back down. After that who knows where it will go?
It's all ifs maybes shoulds and coulds because no one (except insiders) has a clue what to expect here. As an investor it is rare you come across a company where you are totally 100% bull. You always have to have one eye on what might go wrong. I'm 60/40 here in favour of bull but won't be adding until that gets closer to 80/20.
Improved Q3 sales and some positivity on future outlook from the bod is what I'm waiting for.
He’s suddenly ramping?? No, he’s building it up so he can deramp unless the sales are in the multi millions £‘s.
Can’t believe people still think he’s here for the good of everyone.
Some may say that the company have set themselves up for criticism which everyway the revenue fall ! If revenues excel or hit expectations then the SP should rise, and many will be asking why didn't they release these numbers or ( a taste) when the SP was over 40p a few weeks ago..that's a 40% SP increase required just to get back to where we were, early this month.
If the revenues disappoint then the SP will fall, early stage reputation damage -followed by a post mortem and then a long, hopeful wait until January 22 for further validation of progress in revenues.
Wow vas , you’re not ramping are you ! The league table gone to your head .. seriously I agree with most you have written these last couple of days . As Fred says roll on Monday , if it’s released that is .
On a positive note the sales revenues should be a great big surprise because CHILL and its distributors have probably carefully selected the best SF and other stores to achieve results quickly....So most of those 2,500 plus stores should be their top best sellers. If that is the case then no wonder everyone is expecting some top end revenue growth this quarter from the 2,500 plus established outlets. Therefore you could argue that the expectation that CHILL will THRILL is there, and as we know expectation is a double edged sword.
Vas, you may well be right. Hence the reason why I am holding back for now. It's safe to say I am currently on the fence waiting patiently. If the sales are there then this will be quite an enjoyable ride. Let's see.
Once we get the latest Quarterly revenues out of the way, and the SP responds accordingly ( up or down). I believe the company will then be priced to begin their journey without all the high expectations, ramping, and certain investors sheer dross that caused the last pump & dump.
IMO I think that the expected quarterly revenues will disappoint due to several negative factors been announced by the company already, COVID, Distribution problems, Change in focus to Florida, and the fact they have not bothered or stepped in with at least one tasty RNS with an order for CHILL - so to support the declining SP - if there is a large order that is waiting to be announced - why sit on it, and watch the SP fall from 45p a month ago to todays 25p!
Personally, I would have preferred to have had the good news with a 45p share price than with a 25p share price.....
I'm long on CHILL, have been from around 80p. I must admit I am not as bullish as I were several months ago but I am more bullish than I was a week ago.
What knocked my confidence was the RNS that appeared to show sales between June-July as very low compared to the previous 2 months. Since then I recall the last minute attempt at putting some financials together with no forward outlook whatsoever. Worst set of accounts I have ever seen. Sales figures have been treated as top secret since then. The negative view would be that they aren't great and therefore we'll leave it as long as possible to tell the market and hope they pick up. The positive view is that they don't want to reveal too much info to their competitors or potential competitors. Who knows but uncertainty in any market is quite often perceived as negative. During this time I stopped adding to my holding. The last 2 RNS's have gone a long way to improving my confidence levels but I am refraining from adding until I see the level of Q3 sales. Above $2m and I'll probably add.
The business is there for the taking. They are in a growing industry but you can't deny that this investment still has several derisking steps to go through. Although, I will say it won't take much to justify buying at this SP.
KIPPER. You were the one who continually asking me the same ? I have just answered it. No arrogance there , as i would not have bothered otherwise. .
Correct ..haha ..has the company gone bust then.. everyone on here has said in a year or 2 this will be great company and the share is underpriced , young company starting up .. correct you arrogant man .
Regarding your continual questioning of me, regarding why I have been so negative on the CHILL SP these past months
KIPPER: "the amount of people who have taken you to account about your negativity on here then you will never know !! Ps. You’ve never answered THAT question !"
Ask yourself, whats the difference between being seen as negative, when being negative is realistic? How would an investor in CHILL, whom thought the SP was very likely to underperform and fall in price express this on a Bulletin Board full of rampers, like yourself and your crew ? It had to be expressed negatively - you must realise now that even bad news, can just as likely be true.
You and the crew here have remained positive throughout the last six month decline, ramping this share, blocking any views that do not fit your purpose. You have done this from above £1, and amazingly continued to do this all the way down to 25p - all the time calling me out as being negative!
How can you call someone out - criticise their views as being negative - when their views have turned out to be correct!
As I'm here, I'm going to try and pick up a decent price. Whatever happens in next few weeks it will be better than buying this share in the 70s& 80s when it was being ramped to death, by the crew.
Seriously!! If you don’t know that by now by the amount of people who have taken you to account about your negativity on here then you will never know !! Ps. You’ve never answered THAT question !!!
I have answered the magical question it at least twice...but you have managed to missed it each time. What else do you miss.
How come my opinion is deemed by you as less important than anyone else's.