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Billy Just to add.
Do get the feeling that the company have change strategy past few months...probably from data they received form SF shops. Which is fine as this what the pilot rollouts were all about.
Remember the TAAT info i posted (i think it was TAAT- beyond Tobacco) they were going for a more controlled organic state by state growth strategy , which looks more boring but makes sense when you are limited to promotions and advertising - to concentrate, and have discounts locally, in say Georgia and saturate it, build up loyalty then move to neighbouring state.
I can't believe they have no online sales, oh wait their insta post from Oct 2020 suggests otherwise;-)
Morning BB,
Good luck with your recent buys. It could turn out the right time.
Yes, tongue in cheek.
I do not really have a clue where the sp will go from here to be honest. I will but on some seriously good news, if it comes
( not promises etc but solid progress. ill probably get in around the 50/ 60p area.
The trouble I have is that i can't believe everything i would like to about the next 6- 12 months.....I cant see any solid good news appearing anytime soon unless that £2 m order for July is a new money.
That's the thing here...it could drop significantly if the company continue to mislead it investors ....on the other hand , over the next 5 years it could turn out to be a diamond. If that's the case it doesn't matter when you buy at these prices.
How people view 2500 store rollout in 5 months as a failure. Do these people even contemplate how hard this is to achieve in normal times let alone In the midst of a pandemic but it’s deemed a failure. Has the company said that’s it 2500 will do ? Have they said the rollout continues on ? Have we already sold 2 mill usd worth of product ? Do they have a plan to push on and make this a global brand. Have the acquired the chill.com domain and patented the logo ? If they have why would they do this ?
Don’t be influenced by trolls and shishsters.
This is a global company at the very start Of something big so you need to think big not just weeks or months down the line but years. This is your best long term bet to 50 bag or even more.
This is CHILL.Com and your going to be seeing CHILL everything in the near future from smokes and pouches to lip balms and oils to chill coffees wines beers and energy drinks to chill pet products and cookies and finally chill clothing.
It’s global domination baby you need to think big
What there any semester it made profit? - it looks like loss-making only from one period to another.
There's also consistent trend of printing new shares, year on year..
less than 1.5 mil equity loss-making company valued at 100 mil? it must be joke, right?
all of a sudden miracles start to happen, right?
The company will be hoping to release another order rns ASAP, probably been waiting for a while .
The sales orders from 1st July were partly backwards looking to replenish stock sold in May and June from existing outlets and partly forward looking to roll out and stock another 500 new outlets during July.
From todays rns it does not seem like 500 outlets have been reached during July and begs the question why haven't we had a repeat order for July! I would have thought that from the 2,500 outlets selling during July ( even just 2 units per day) there would need to be a further replenishment order.
Morning Vas,
I trust you stated AIM very much "tongue in cheek"
100 lines please, ZOE is not on AIM.....
You tempted to but at 43p ???
BB2
I’m sure the company hang in your every word billboy2
Pmsl
Market will change its ideas soon enough troll. Their is complete trust in this vehicle. But of course you trolls have opportunities to ridicule and beat any info down.
It will change TRUST me
We’re not in aim
KD,
That RNS was 17th July.
As per today's RNS things tend to change.
You may be correct but (and I may indeed be wrong) but, on the info that I have been given, I am NOT expecting Final Results tomorrow.
We shall see in the morning.
BB2.
I think the market does not like the fact that for the past 6 months ( or is it nine months) the company and its investors have been banging on about a target of 3,500 outlets by July - even I thought the company with AATACs backing would manage that target, it seemed the company were fully in control and it was nailed on............... and we get 2,500 ! Its a trust thing. Many here will not understand, will not want to understand because they take their investing with a religious zeal....but AIM teaches you in the end.
Ask the people who bought at £1.00 if they are bothered by the drop...
Fact of the matter is, the company is valued at nearly 100 million and generating no where near that REVENUE, never mind profit.
It's really as simple as that.
The potential is there for the company to do well, but the amount of ramping on this board with crazy calculations of stores x sales per store x profit per store are laughable.
If this drops below 20p I'll be interested again, which I wouldn't be surprised to see - since all the calculations on this board nonsensical and rampy.
... now been partially filled....
Tobler,
I actually sold some of my "trading pot" at 48p first thing. Tried to sell the lot but couldn't get a quote. I have just bought them back at 43p along with another three more "trading pots" at 43p.
I believe the gap that Vas mentioned previously (and was ridiculed about) has not been partly filled. Will be interesting if sp rises from here or slides into the 30's.
Very poorly worded "sales" section in RNS!
Looking forward to meeting you at the next launch. I was talking to the Co recently and asked for one to be in the North in order to ensure that you can attend.
BB2
BB2 - this is from the RNS earlier this year
Antonio Russo, Co-CEO of Zoetic, added: "With a rapidly growing physical store footprint and encouraging ecommerce sales figures, our products are now reaching more consumers than ever before. As always, we endeavour to provide investors with the opportunity to access this high-growth sector through online channels and landmark distribution agreements. We look forward to updating the market further when we report our full-year results in July."
Don’t forget billyboy you’re selling if it hits 39 p hope you have your stop losses sorted pmsl
The price drop seems a massive over reaction to what was a pretty solid business update. Yes, a bit of disappointment that store roll out has reached the levels forecast but plans and strategies need to chop and change during product launches and Covid has obviously impacted . I'm still confident of where we're heading and have taken the opportunity to add to my holding at 44p. I'm convinced that this will turn out to represent excellent value by the time the year is out. Good luck to all LTHs
KD,
My understanding is that the Final Results will NOT be tomorrow. I understand that, as per last year, ZOE have until 30th September to publish Final Accounts. I may be wrong but I have it "on good authority" and as such I do not expect them tomorrow.
BB2.
BB2.
Wow what a steal, thats another 19,983 shares at 43p. Thank you to whoever I picked them up from :-)
This was a business update and, I believe a forerunner to tomorrow's Final Results RNS.
In my opinion, today's RNS is extremely positive and clearly is meant to demonstrate and show the future potential of our brand.
The derampers have yet another small opportunity to influence the weak. Me, I'm going to add to my already large holding. Although not a HD's level, I am well north of 1 million shares and still adding at this level, silly not to IMHO.
Catch up soon everyone :-)
That was to your post Fast_ted.
Good watch ...
https://www.proactiveinvestors.co.uk/companies/news/956341/zoetic-international-re-positions-itself-as-chill-brands-focusing-efforts-on-its-website-chillcom-956341.html
Overall a good update and plenty of positives which have already be highlighted. The store increase is of course a little disappointing (2500 stores is still a heck of a lot though), but from the interview I think this is a temporary supply side issue linked to Covid, not a demand issue.
The main positive for me is the focus on Chill as a brand and the potential this offers ... huge in my view. I have little doubt that brands such as Virgin, Apple, Google etc will, in time, be joined by Chill.
As said at the end of the interview ... Just CHILL. He however forgot to say 'Go Green!'
Exactly!
I said it months ago. Gap had t be filled. Now its time to buy!