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Antha, but there’s comparing competition and then there’s selecting the odd thing a competitor might get right and using it to bash another share. I think we all agree Tara’s IR seems better than Chill at this present time (or at least the last 5-6 months) but there’s a long list of things that Chill do better including the all important sales. If an independent investor looked at the two companies without seeing the current so’s I would think Chill would be thought of as a higher valued MCAP
Someone’s grumpy today!!!
It was a serious question. If you look back at your posts on hear you champion Taat regularly but aren’t invested to the point of being invested in a competitor. So I’m asking why Chill (who you seem to hate) and not Taat (who you seem to have a hard on for) ?
Personally Taat has limited appeal for me as it’s product range is restricted to say the least, selling in a lot less stores and without the AATAC nor SF distribution deals, dreadful brand name and trading at massive losses at present. At its current sp, it is severely overpriced compared to Chill or Chill is severely underpriced- a lot of each I would imagine.
Antha, there will always be competition in any market (which is an indication that the product has a market tbh). But we are not just a CBD company! We are targeting as tobacco cessation products for the smokes and the chews rather than just a CBD smoke. How many of the competiton have ZERO tobacco, ZERO nicotine, ZERO THC's smokes and chews? How many have ZERO tobacco chews with nicotine or with CBD only? Everyone's favourite Taat for example only have one product range, we have many with more to come - plus as you said a much better brand.
So Yes there is competition which proves there is a market but feel our brand is well placed to take a good part of that market hopefully.
A number of things could get this so towards a £ and over IMO.
Better marketing is needed as the product won’t sell itself
Confirmation that the 10,000 target IS on target for March to May period - sooner will give an added boost
Confirmation of sales per store (sounds like we are not going to get this but I think vital to push sp)
Additions to BOD
Confirmation of additions to BOD
Confirmation of additional products going into an ever increasing store count (TFN chews will be our best seller IMO)
Just two of the above could get us into the £+ IF one is sales related. Timescales wise it could happen by end of FYE (March) if sales included.
For the sp estimates about you £3 profit per day in 10,000 could put us as high as £1.47 sp with ease. But we need the sales figures.
Nexus you sad little troll. If you actually read the conversation between myself and Billy you would know that we agree on many points and I only corrected his model on calculating days as he’d made an error. An error he admitted and thanked me.
So jog on little boy
Sometimes I let it go with Vas, but sometimes he needs putting straight. He's just making boIIocks up all the time without a clue of what he's actually saying. If he comes across as a knob then I'll call him a knob.
Billy actually coming across sensible all of a sudden. Think the Leeds bubble burst after one season in the top flight and it's brought him back down to a sane level! Sorry Billy, don't mind Leeds myself as they hate the reds almost as much as we do!! LOL!
Billy, can't believe I'm saying this again but agree with you. I would have as well but lets look at how well the rns have been compiled so far then it's no surprise that they haven't boosted it with a little "after Q2 ended" data. People were clambering for the Q2 data so that's what they gave us. The rns haven't got a good history so far.
Don't forget you are concentrating on the past rather than what's possible with actual marketing and advertising where the Chill brand is known and the products (multiple products) are in 10,000 stores or more. The investors so ridiculed on here are for the most part looking at 2, 3, 5 years for this to become huge. I certainly am. You can't just put a new product (let alone brand) into a display cabinet and expect the goods to fly. This is where we are hoping Rhino, etc come in and help.
Billy, I get your last point and just looking at Q2 in insolation then it doesn't look good, but that's looking at too short a time period i feel. We don't know how many of the stores ran out and re-ordered just after the end of the quarter for example. We also don't know how much of the $0.76M was restock and how much was initially stocking. I agree at first glance it isnt great but it needs time to look at as a whole.
For example the scene could be like this:
Q1 - $2.16M
Q2 - $0.56M
Q3 - $2.16M
Q4 - £2.16M
Then looking at the Q2 in insolation doesn't give you a true indication of the sales. Obviously I'm not saying that Q3 and Q4 are going to match Q1 (I obviously hope they smash them as we are looking at going into thousands more stores), but what I'm getting at is just looking at one isolated Q can be very misleading.
But overall you are correct in saying that $0.56M is very disappointing just looking at it in isolation.
Antha, read what I wrote and stop being a knob!
"Yes this SP has been affected by the Covid crisis from lack of store footfall to delivery drivers/warehouseman, etc so not in half as many stores as we had hoped. It has also been hit by a massive concerted short attack with BB's, Twitter etc flooded with lies and bad publicity. Also the BOD has failed spectularly at times with the rns's, content and timing."
Where am I there blaming the anyone on here?
"If i had listened and trusted some of the things you have posted previously - I would be locked in here at some crazy price. " - I thought you were as you keep telling us you bought in at 60p??? Is that not a crazy price now?
It's why no one believes you Vas, you have ZERO credibility on here. Simple Simon makes as many valid points as you do but at least his is only one a week TF. We have to put up with your constant trolling, spouting boIIocks and made up ridiculous assumptions or just pure lying day in day out.
Yes this SP has been affected by the Covid crisis from lack of store footfall to delivery drivers/warehouseman, etc so not in half as many stores as we had hoped. It has also been hit by a massive concerted short attack with BB's, Twitter etc flooded with lies and bad publicity. Also the BOD has failed spectularly at times with the rns's, content and timing.
But it doesn't mean that it's not got the potential of a great brand (global maybe, US wide definitely). Look at your mate Billy's simplistic forcasting to see what could happen to the sp in a short space of time.
Stop being such a bell end troll and I'll drop the cynicism! You've got a trolley, why don't you nip over with that!
Again where does the info of "shortage of product on the shelf" come from? I've not seen it in any company communications but only from your posts and sometimes Billy's??
Based on your model and those calculations I agree with you. Don’t forget this is with no advertising and marketing really. Also factor in the 10,000 target is just AATAC, not Smoker Friendly. Also the 10,000 target is an “initial” target only and there are some 88,000 stores in that network. I’m sure we won’t feed all of them but 20, 30, 40 or 50%??? Then there are other massive chain stores are out that aren’t part of AATAC, supermarkets, etc.
Oh dear Vas, always looking for the deramp aren’t you.
Initial sales are to stock the display cabinets, correct. The $0.76 was for restock AND initial new stores stock. So how much of that figure is the expense initial and how much is restock? We don’t know but it means that your insinuation that sales are down 75% is boIIocks. You’re just grandstanding as usual.
As for the logistics side of things, the company have said they feel they can meet their target so I assume they’ve got a plan with the distribution network. The only fing idiot taking about self drive is you. Now do yourself a favour and think before you post. Re-read what you write and ask yourself am I going to look like a TW at again if I press Post Message?? Most of the time you do!
Even 1.53 products per day per store based on a store count of 10,000 AATAC stores plus the Smoker Friendly stores (880 in total I believe though not sure how many we are in yet) but it makes a joke of the current sp that’s for sure.