Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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At least you can see btwn the lines...nice post !!
Personally, in since hnr days...ave circa 13p....not bothered if this drops tbh, it just gives yet again a chance for others to buy in at bargain price levels ..as a recent buy shows !! plenty of folk will be more than happy to take the limited freefloat shares off those who can only see as far as the zit on the end of their nose.
as for those posting usual deramping carp, it will be rammed back down your troll-like throats with vigour when...not if...this goes north.
I do not ramp this...it ramps itself if you read the true meaning of the RNS...
dyor etc...........
Fasted. Then why didn't they just state that they had sales of a further $2 million of orders since the last sales update on July 1st? Why mention it at all, if this info is being saved for another rns.....If true, and they had confirmed this then the SP would be up over 20% - especially from 2,500 outlets.
Positive RNS for me
Todays RNS was positive for me.
The Business Update has been issued today before the Annual Results to highlight some important facts:
Chill.com domain name acquisition
Rebranding
USA Market Development
International Market Developments
Exploring Joint Ventures
BoD Appointments
Chill.com domain name will be on our Books as an Intangible Asset. An intangible asset is classified as an asset, it should appear in the balance sheet. As our company expands over the years this asset will become more valuable. The balance sheet aggregates all a company's assets, liabilities & shareholders’ equity.
Rebranding: It is in my opinion better to rebrand sooner rather than later to establish your USP (unique selling point) We have a game-changer with our Chill tobacco alternatives, the big tobacco companies are already actively looking at alternatives and Chill.com is the place they will be looking at.
Rebranding: Zoe changing to Chill. Chill Brand Group will in my opinion present us a Global Brand just like BAT. The power of Marketing will be easier as we expand and utilize the services of the leading marketing agencies for future campaigns.
USA Market Development: Chill products in 2,500 stores, continuing to rollout in Florida. In active negotiations with major US online affiliate retailers.
International Market Developments: Online launch of Chill CBD in the UK. Pursuing a new and potentially transformative future Chill.com product line with international partner.
Exploring Joint Ventures: Actively exploring value-accretive joint venture opportunities in Europe.
BoD Appointments: NED appointment of Eric Schrader, US convenience store veteran and partner in Zoetic's Master Distributor. This appointment is in my opinion well deserved and comes at the point in our expansion in the USA. Eric will be a valuable asset to CHILL.
RKB
PS Had a top-up this morning now getting closer to 300,000 and Chilling.
I'm with you Wynnstun - I see sales as done deals and orders of over $2mm as to done (depending on manufacturing, distribution etc.). Makes no sense to me to say we have sold x and have orders for the same x - why say it twice?
and to put it in a proper perspective, asda and sainsbury`s have 1000s of products, if they all sold £50 worth of chill, we would be very happy.
The message was about number of stores not sales troll. Fu ck off!
Totally irrelevant fatty.
We're not competing with Supermarkets for turnover.
Fancy you popping up today !!
What a surprise...
And Delia Prince, who hasn't been seen since January !!!
Coincidence ?
You may sway some people with your negative ramblings, but not the ones who matter in the long term.
But to put it into further perspective, Asda and Sainsburys turnover is more than £50 per week per store.
>10% down now on that RNS
Just to put the disappointing 2500 store reach into context.
That's double the number of supermarkets that Asda and Sainsbury have, combined, in the UK.
The only real disappointment for me is that I didn't manage to cash in on the predictable, knee-jerk drop.
Patience....
I agree this may be a business update and, having re-read the details I am of the opinion that the 2m is in addition to the 2 previous announcements.
My opinion - your’s may be different.
Also, don’t think for a minute that the US won’t have suffered with things such as Truck driver availability the same as we and Europe have. This has had a massive impact on us and will have had the same effect state-side.
Covid is far-reaching still.
Even so, still a positive RNS in my eyes and the SP will do what it does.
That won’t affect the roll-out and the ultimate goal and rewards.
I’m buying.
I think it will still come Billy. It should also contain a more detailed breakdown. This is a business update as they are changing name.
Rugby...in the form of a juicy divi for me !!!
Antonio is an astute bloke...as much as investors want figures to munch upon...he wants to keep as much as poss close to his chest as poss...keep those circling vultures away for as long as he can. They already know we are onto something globally massive here longterm....
Weathergeek,
The Quarterly Update should be for period 1st April to 30th June. As you say, this should happen post quarter (i.e. after 30June) . We are now 29th July so plenty of time to issue a Quarterly Update. The RNS today is a Business Update NOT a Quarterly Update. Let us agree that, at present, ZOE have NOT delivered on their stated promise of a Quarterly Update. The Market does not like it when Companies do not deliver what they have promised.
BB2.
BB2.
Each person has to develop their own view. Regarding shareholder value, the greedy me wants us to go the whole way and become a dividend paying monster in the industry... However with the noises the likes of BAT and Philip Morris are making, I think smaller CBD companies are going to get picked of for some healthy prices. Either way, we have all the right ingredients, now let's see if the board can deliver that cake!!
Having listened to this interview, clearly Covid has hampered the rollout to the expected 3500 stores by the end of July but he seems thrilled to have achieved to have stocked 2500 stores and so should we. With reference to Zoetic he repeatedly talked about a lot of value in the brand and ‘unlocking shareholder value’. This is only me reading between the lines but once the FDA approval is given for Zoetic and the distribution deal which has already been agreed to stock many stores in the U.K. High St but is announced, I don’t think it will be long before that shareholder value is realised. That could be in the form of a partnership or a takeover/buyout/sale. Any thoughts?
Also, a Quarterly update will happen post quarter. Sometimes a little after. Its still July so this isn't a Q update, just a business update.
My days Vas, you are a hard man to please. Anyone would think you didn't like ZOE eh. I'm in and have been in so many firms that have promised this and that, delivered nothing and reality is very different.
In the midst of a pandemic and summer not reaching 3500 stores but just 2500 (yes only 2500 stores!!) which it states is due to working with the distributors isn't that huge to me. Few more months and its done. Those sales already are in less stores than expected so its a higher sales ratio than i had previously thought.
I've emailed for clarification on sales numbers as if it is down from last month then it is only weeded out the poor selling stores which is wise.
WG..
very true...any sellers today have not done homework, and not digested the rns.
spentd time nit-picking a few $ trades which will be totally irrelevant in the future. we continue to make the margins as prev stated, and expect to poss increase as rollout progresses.
we have shifted our PR to localised areas..to maximise the brand awareness...and SF are more than happy with our product, so obv making them a nice $$ too...all this is pushing the tobacco alternative to the forefront, and putting CHILL in everyones lips.
Global brand in the making....
An update on number on 1st of July are not July numbers.
You lying shyte
The question you must ask yourself is why did they need to release such an ambiguous business update.....the original intention was quarterly revenue and outlet updates to keep the investors informed... we can't even decide amongst ourselves what the wording means and timescales they relate too.
Surely July's data should not be included in this update but in the next update in September ....but they have included the 1st July amount....they make no further mention of new orders in July.
I would have likes a repeat of the statement " Zoe continue to be profitable " but not mentioned, even though it was a headline from last update.....I think this should be confirmed or corrected.
Chill products stocked in approximately 2,500 multi-state retail outlets is very disappointing, I think many were hoping to have possibly beat their 3,500 target. There is no explanation as to why, they failed to meet the target. Interesting that only yesterday the company announced on social media they had 500 outlets in Florida , yet failed to tell us they were still 1,000 outlets short of target for July. What was that all about! What was their intention.
Whats happened in Europe. We had two deals confirmed last year and now we are told "Actively exploring value-accretive joint venture opportunities in Europe".
As far as "The Group has now received orders for Chill products totalling more than US$2.0 million. This follows previous announcements issued on 17 May 2021 and 1 July 2021 of combined sales totalling US$1.34 million and US$0.72 million respectively." totally gobledgook, meaningless and confusing to most of us.....I think these are the same old orders previously released - if they had received a further $2 million worth of orders since 1st July then that would have been the best news we could have wanted to hear...regardless of the rest of the update ...and everyone, including myself would be admitting they had smashed it... even more so with only 2,500 outlets on line.
I think Zoe are now finally in business, and the meteoric rise to £1 and over on absolutely no revenues is over......its all about confident, steady, quarterly financial progress now....promises, changes, restructuring , new focus etc will be meaningless unless they can demonstrate increasing expansion and sales performance.
Course they will jump on any $$ figures. It's just traders though. Can't see any serious LTH selling today myself Fred. It's transformational progress at a pace here.
too many concentrating on the figures $$...and missing the point.
chill . com is a real game changer from hereon !!!
the rns states a shift in rollout..now doing more localised PR to push the brand.
those selling out today will kick themselves imo....
Trying hard to look for something positive but really not impressed by today update.....maybe the name change will help but so far sales are fairly disappointing IMHO...having said that I always thought it will take more time to get our brand to be transformational in terms of significant revenue, I still feel comfortable to hold for that to happen but much more marketing work need to be done before we can see our SP rising to previous highs....until then opportunities will be to add few on what I expect to be much lower SP......again IMHO.
GLA.
...ask any questions today then, eh?