Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
There is a scintilla of a chance of a Christmas present here, by way of an RNS announcing USA bottling contract signed and sales in the Far East having gone parabolic…or words to that effect! We can only wait while this/their dreadful PR machine reveals nothing, apart from rhubarb crumble tonic flavour, released a month ago… losing the will here…I am ashamed to admit that I just bought some Fevertree for my Monday night pick me up G&T, I would have bought East Imperial were it ever to become available! Oh well, Burty has promised to send me some free samples over to Blighty from NZ so I will report back, if anyone is still in the bulletin board!
Fevertree do not come out very well in the latest Investor’s Chronicle and their American growth is stilted and margins are lower so on the AIM top 50 part 2 they have them down as a sell, can East Imperial seize the shift in fortunes for Fevertree and convince luxury consumers?
There’s nothing we can do, apart from wait then, the local bottling plant will be a game changer but I’m guessing it’s taking a lot of negotiation and searching. One thing’s for sure, they are a very measured management team, they love their brand and they’re not going to mess this up, ten years since it’s inception. GLA
I’ve only just gone and received a personal reply to my email to Tony Burt, the main man, respect! Basically margins are incredibly tight in UK and shipping costs are horrendous, still looking into it but in the immediate future their focus is on the USA and Asia. What a nice guy to take the time to reply like that.
If this is correct Sam then the attitude of this CEO stinks, we are as you suggest, well into Q4 and with the all important luxury beverages Christmas ordering season upon us - with so much ‘skin in the game’ I can barely believe how little information (for shareholders) this guy puts out, it’s almost as if the kiwi doesn’t care about attracting inward investment, unbelievable plonker.
None of those massive sells anymore but neither are there any of those massive buys anymore. We take it up and we walk it down, consequently this CEO certainly does nothing for the antipodean reputation for silent or sparse news coverage…
I agree. Burt has until November 30th (in my book) to release some news/progress reports/ RNS, failing that I’m out. Furthermore, with this current cash burn (formulating rhubarb and crumble flavours) they will obviously have to raise equity and a dilution will follow, this is why they have fairly recently recruited a new specialist broker, IMHO.