RE: Rns1 Jul 2021 09:07
Morning,
I posted this on 10th June......................................
To add to the replies from Vas and Tobler. Fully agree it will be the post period comment section along with (hopefully) a Q2 Trading Update that is important rather than the accounts to 31st March. Bearing in mind the recent RNS confirming order for $0.34m in April and $1m up to 14th May, I am hoping that there will be confirmation of an order of at least $1.5m for the period 15th May to 30th June. This amount (as a minimum) would fit in with the previous orders and the general roll-out projections. Ideally, an order in excess of this would help to prove (re)sales and well as further roll-out. An order less than this amount (or even no further order) during this period would pose serious questions as regards both sales and roll-out. Obviously everyone will have their own thoughts on this but I that is where I am at.....................................................
So naturally, sales for only $0.72m is disappointing. for the what appears to be the period 15 May to 30th June. I will do some number crunching later.
On initial thoughts only, adding approx 750 stores over the six week period (assuming one cabinet of 48 items for each) will account for 750 x 48 x $5 equals $180k. That leaves sales to existing approx 2,000 stores of $540k, so $270 per stores over as six week period. So average 54 packets ($270/$5 per packet) perstores over six week period. So 9 packets per week per stores. So about 1.3 packets per day per store.....
Actually, between 1 and 1.5 packets per store per day was in the region of my research figures if you look at an very rough average.
So perhaps my research was pretty accurate at this (VERY) early stage???
BB2.
Sign In
Follow the stocks
