Member Info for boonboon

Didn't they spend a lot on the fit out of new offices. Expenditure which presumably won't be repeated.

https://m.facebook.com/story.php?story_fbid=10157410695638475&id=502768474&anchor_composer=false

You mean the review you wrote? The response says we hope to be in more stores in February. That's hardly a statement saying they will be in all stores.

It won't go in all Boots or all Tescos. Some of the boots stores will be opticians. Others probably too small. The size of and range in some of the tesco express stores is tiny. No chance we'll be in these. You're more likely looking at some of the other supermarkets coming on board. And hopefully some international expansion.

I doubt very much the tesco deal will impact Idp. If Idp products end up in carrefour it will be independent of that deal.

Also further International progress could be hampered by working capital issues. They need to build up stock for tesco in November and then possibly build up skinny tan stock for new retailers in January. Also potentially further UK retailers for Roots. This could be a safer bet than international expansion initially. If we can build scale in the UK it opens up the door for a bigger marketing budget.

I didn't see the email, but going international with Roots is hardly news. It's already available in Australia via the DTC and South Africa and deals have been announced for Canada and India.

It's not an rns as such, more of a press release.

Why do you think it's Apple? Sorry if I've missed it earlier.

I don't disagree that it's an impressive number but I would have liked a bit more detail and am also questioning why they're putting it out now when it's obviously been over 1 billion for a while.

It's obviously been over 1 billion for a while if the actual figure is 1.3billion. So why announce it now without providing an update on Fleet numbers or recent wins?

I'd be very surprised if we get a trading update before the results.

I disagree when launched it was a risk for superdrug as well presumably at the time we were also in talks with Boots, but they either didn't want St or the terms weren't as good as superdrug. Without superdrug we would have found it nearly impossible to launch Roots. It was a good deal at the time, but we've outgrown the exclusivity deal. Hopefully that's the end of them especially for our established brands. I wouldn't be opposed to a skinny tan deal in Boots that incudes exclusivity on Charles and Lee or Stevie k for example.

The skinny tan exclusivity doesn't end till January.

It's not material news. Amazon will do a fraction of the business that superdrug and Boots will do. They can't issue an rns every time they add an online retailer. Did you want an rns when pretty little thing started selling skinny tan?

I don't know where you got the over 99 from. I've been looking since the start the original quantity was 48 of each. The conditioner and sensitive shampoo both sold out, but have been replenished with 24 of each. The spray went down to 8 units and they also restocked 24. They're all selling well apart from the anti dandruff shampoo which has only sold 3.

Why would they want that. Surely it's in there interest to get as much as possible.

Seems strange we get something like this and not a fleet update.

With contracted recurring revenues it should also be easier to get some debt financing if necessary.

Not much detail on this at all. I'd have liked to see an updated total contract value and an update on the pipeline opportunity.