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What the heck is going on? I thought this a relatively solid investment when i first got on board - at £1 per share.
BOD are clearly making a huge pigs ear of any progress at the moment. In too deep so can only try and lower average. Reached the point i need to throw a fair chunk in here and hope for some kind of reversal. Not looking likely though. How disappointing!
I was expecting an RNS today with it being six weeks into the second quarterly period, and no mention of new sales / reordering of sales since 1st July - still time for an update at 2pm. Fingers crossed.
Zoe need to demonstrate that they can consistently beat quarterly revenue sales, quarter after quarter.....there are at least 2,500 established shops out there selling product every day that need supplying as well as any new outlets. fingers crossed.
Quarterly would imply October update… don’t you think
for revenue during July, August and September....
Oh, I see what you mean.
Yes, final update would be in October but during the first quarter ( April, May and June) Zoe updated its share holders regarding the rollout of the Chill brand in US on the
16th April within a trading update
17th May in a RNS entitled "update on Chill brand orders"
1st July within a business update
It would not go a miss with the current direction of the SP to possibly give its investors a further update on this the second quarter. (even though its not yet October).
Many investors will not buy into the future projections and rollout numbers unless Zoe can confidently demonstrate that they can do it now, and demonstrate the growth using the 2500 outlets already selling the product. i.e demonstrate to the market that they can grow revenue in each quarter and grow reach. Maybe next week.
End of august for year results to March 21 (which the sooner we can be done with the better)
Quarterly updates on sales should be due in October.
The BOD set out intention to report sales quarterly from July onwards and the most sensible move is to stick to that and not blurt out a panicked update of a new order here and a new order there.
End of August for the 2020-21 accounts I believe Craigy. For the quarterly updates, I don't think they have confirmed a set date so people are just speculating and scaremongering.
Don’t forget to buy your tickets for the
Chill.com sponsored PBR event in Goliad Texas tomorrow.
Chill products and signage all over the place for the big event.
Creek young smashing it with wins all over and
In the top 10 pro rodeo bull riders. No.1 rookie this season.
Chill peeps