Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
We don't know how long the offers are going to last but we also don't know what the shop price will be either as they are not in shops yet. The offers show that you can get them on a similar price scale to regular fags! For the converted, buy at £9.75 in the shops or £6.75 for bulk buying online (including picking up Zoetic points - not sure how that loyalty scheme works yet) and I know which route I'd be going down.
Of those nearly 7 million UK smokers over 50% of them have said that they want to quit as well. Most quitters I believe use stepping stones to quit as cold turkey is apparently a really hard way to do it. Chill offer a great stepping stone product with hopefully more to come!
Bearing in mind there is always some sort of discount code available for UK online sales then average pack size is around £7.31 rather than a tenner and as low as £6.75 if you order 10 packs at a time. This makes them so much nearly normal cigarette prices so more likely to attract the average smoker looking for something less harmful. Not sure where you get your 15% profit margin from though Vas, especially on online sales as that's what they are at the moment? Do let us know?
Think 10% of smokers choosing one brand is a little fanciful tbh. Don't need that percentage of smokers anyone to see the sp's we are hoping for.
Shame you missed the responses Antha as you would have read that most people seem to think the smoking public would rather pay more for the better quality smoke rather the buy cheap stuff and get what you pay for.
Personally I think there will always be smokers willing to smoke the cheaper less quality products as that's a certain mindset, although I think they will be in the minority. Whether it's cigarettes, drink, food, clothing, etc. many are willing to pay more for better quality.
Partially agree with you Hopeful but think well timed and useful rns at the right time and we would be nowhere near here.
Yes we know that they were in 2500 stores in July but we are in November nearly now so how many are we in now and why? We were told that there was $2M+ in sales in Q1 of this financial year, but again nothing since??? And most important is how well are we selling in those stores? Again anecdotal evidence such as Rhino, Viridian getting on board seems to suggest that the sales are going well, but we as shareholders don't actually know. The BOD has told us that the distributors are still all on board, but again that doesn't tell us how much we are selling. Even with the $2M+ in orders mentioned above, we don't know how much of this was repeat orders and how much the initial stock. Decently written RNS's over the last 6-7 months and we would be 2 or 3 times higher than where we are now - assuming of course there are sales. That fact is still unknown which is where the nervousness for me is coming from.
Regarding the actual products then I was an occasional weed smoker in my youth but never really a cigarette smoker so not tried them or would have any benchmark to compare them too. The gummies I love. I've always been an anxious person although managed to stay the right side of depression, but these gummies are great for my anxiety. Sleep so well these days. The Zoetic creams are great stuff. My wife and daughter love the skin care range. Obviously we don't come from a chew nation but understand the market for these in the USA and think it will be great. So I can see the potential of Chill but need to see sales to regain the confidence in the BODs for me. Not that I don't love T&A (see what I did there) for what they have done so far, but running a start up company compared to a global brand are two very different beasts. A couple of good rns before Christmas (please??) and I would be a lot happier if it gets the SP moving in the right direction.
Hopeful
Thanks for the detailed response. You do seem to be one of the people in the know so to speak or should I say knowledgeable about Chill.
I can see and read all the very valid points you 've made below. If I was a newbie just discovering this company I would like at that and say "This looks a great company! Why the F... is this share so cheap? The potential is amazing!!" But then "What am I missing? Why has it dropped from £1 to 19p when all the news seems to be good news? What is wrong? Are the products not selling?" etc. And I suppose right now even as an investor for many months I guess I'm asking the same questions really. But from a point of view of "why has my research told me this is good but the market telling me the opposite and my many thousands of shares (not in the hundreds of thousands or millions like some on here) worth a darn sight less than when I bought them?"
We keep hearing "news soon" and "lots of it" etc, but I've not seen a share drop on what have been some really quite positive rns like it has ever. Making me nervous is all!
“ We will be getting out our messaging very soon and often so there is not a big disconnect. “. I’ll take that. More and faster.
TBH we’ve been hearing this for a while and still not getting it. I still believe in the project, the products, etc and the Rhino, Viridian link ups are exciting but they are the only thing keeping me sane with regards Chill right now. There’s been 6-7 months of great talking, but little signs of action (no stores number update since Julys missed target/no sales announcement since about same time/still no idea of sell through rates - keeping hearing there are good but anecdotal reports only) while the sp has gone down nearly 90p. The news of the $2m+ sales in first quarter didn’t stop the drop. Rhino and Ramson group link up didn’t stop the drop. Viridian news didn’t stop the drop (although early doors obvs). AGM announcement that 10,000 by March 2022 was still the target didn’t cause a glimmer.
Forgive me for the negativity but is the market seeing something we are not. Just crunch a few numbers on 10,000 stores selling making a few quid profit per day and we should be up to 10 x higher than where we are right now and that excludes Zoetic sales, Uk sales etc. Why isn’t the market seeing this? Or am I missing something? If it’s visibility then why isn’t the team we now how getting the message out there?
Rant over!
ISWN, what has previously missed targets got to do with this conversation? It’s orchestrated by our resident troll Vas to sow doubt. Just like all his posts. We have a few other trolls on here but he’s the most prolific poster.
If this is “pie in the sky” then why “assume there is something in …”???
Instead why not trust the latest update on store count as it’s the most up to date info we have and more relevant than Vas “Nov 2020”” statement.
Do you think they would have made the claim of 10,000 stores without thinking they could actually do it? And without neglecting the re orders??
Billy, for once we are in agreement but everyone is posting as if Viridian as sis two bit operation here only for a quick buck. I can assure you they are not thinking about “get this to 60p and we are out”.
This company along with the other recent sign ups are looking at many Chill and global brand. At which point 60p will be left light years behind and no one invested with give a flying f@@k whether it was 1p, 60p, 25% quarterly, etc.
"We have the quarterlies due this month and if to be believed will be this week or next and I’m sure will have more meat on the bones this time in store numbers and restocking or initial first supply to fill the display stand."
That would be great to see and really put minds at rest of investors who have seen so much wiped of their investments (on paper at least).
Morning All.
With hopefully the end of the legacy stuff now behind us, the final end of years accounts before the roll out now behind us, what is everyone hoping to hear next to push us north? We have new guys looking after the finance side of things, the global brand creators on board too. A lot of expertise that was missing is now in place.
Personally I'd like to see IR release from one of the new guys stating how excited they are by the link up with Chill Brands, let the market know what they saw in Chill that made them jump on board. Getting the US IR/PR right would be great as after all this is a brand mainly in the US at the moment. That's where they are seeing the products on shelves, etc.
Also an annoucement that the new nicotine but no tobacco products are out and in stores too. Think these could be a really great addition to our product list. The pouches should go down really well in certain parts of US where we are already pushing with the rodeo team, etc.
Thoughts?
Gotta love ADVFN board
Honestmarty (the most contradictory moniker ever)
“A sign of increasing desperation.
2 more snouts at the trough“
Linking up with the people who helped launch Red Bull etc is a sign of desperation!!! You couldn’t make it up! ????
Cranleigh, 119 posts in the last 30 days on Chill where he ISN'T even invested???? Nearly all long winded waffle of posts. 119 of them????? But he's not a troll?? Is he a concerned citizen trying to look after the finances of a bunch of people he's never met?? No he's a troll!
And what's this "crew" carp??? Who's in a crew? The rest of us are actual investors trying to defend a company against his and Billy250's blatant (or not so blatant in Billy's case) trolling!
Gustavo, sorry but I disagree with you there. The overall feeling is that this is a good company and the members are mainly ones holding for a long term so that's expected but debate does happen all the time, just look at the comments regarding the last rns. Hardly positive and rightly so. Do the majority feel the current sp is low and it's a good time to buy? Yes they do and that includes me but to say it's not a place to debate is BS tbh
One, It was obvious from the start that bradawl is a troll and not an investor. His efforts to try and seem like a “concerned “ investor was laughable as he hasn’t the intelligence to spell words correctly let alone come up with a researched argument.
Greened him out along with his mate thrush!