Me Today MEE

[winner69]

Anybody in this?

Ross and Baker and Lindsay involved

Balance probably a goer as well.

[Joshuatree]

Cheers winner ,hadn't noticed it
Key Highlights:
• Completion of successful reverse listing transaction
and listing on the NZX on 31 March 2020.
• Cash reserves of $4.2m to support the planned growth
strategy of the group.
• Listing in 200 Unichem and Life Pharmacies through the
Green Cross pharmacy network nationwide.
• Representation of agency brands, LifeSpace, Artemis and
SleepDrops
• New Product Development Program
o Hand Sanitiser launched in May 2020
o Nine new supplements including Vitamin C,
Magnesium,Vitamin B12 & D3 between June and
September 2020.
The group was listed on the NZX on 31 March 2020 as a result of a successful vote from the shareholders of the previously listed CSM Group Limited on 23 March 2020.
After completion of the reverse listing transaction and the capital raise from the wholesale placement the group had cash of $4.2m at 31 March to support the planned growth strategy of the group.
The result includes the trading for the twelve months ended 31 March 2020. The group consists of two start -up business the Me Today brand and the Good Brand Company.
The Good Brand Company commenced trading in November 2018 and during this financial year added two new agencies as well as the sales and distribution for the Me Today brand. The Good Brand Company continues to invest in the distribution network and the extension of its sales team. As a result of this investment this division was loss making for the year ended 31 March 2020.
The Me Today brand was created over the 10-month period to 31 October 2019. During this time the founders worked with creative design agencies, associates in the health and wellness sector, consumers and conducted research in the marketplace to develop the brand. The brand launched through the Green Cross network of Life and Unichem pharmacies on 1 November 2019. At 26 May Me Today branded product is listed in 200 Green Cross Pharmacies nationwide.
The Group had revenue of $639k for the year before deducting the cost of marketing services provided by a customer resulting in reported revenue of $566k. The operating loss for the year from the trading of both the Good Brand company and Me Today divisions was $815k.
In addition to the operating costs the group incurred reverse listing expenses of $190k and a reverse listing share based payment expense of $3.98m which results in an overall loss for the year of $4.98m
As a reverse listing into a non-trading shell company, the accounting rules under NZ IFRS requires the difference between the net assets of the listed shell and the value of the acquired entity to be taken to the P&L as a share-based payment.
New Product Development and Plans for the year ahead
The strategy for the year ahead will be continued investment into growing the Me Today brand in New Zealand and in international markets. The group will also continue to invest in the Good Brand company sales network. As a result, the group will be loss making in FY21.
The financial year ending 31 March 2021 sees a strong pipeline of new product development for the Me Today brand with the launch of the Me Today Protect+ Mist Hand Sanitiser 100ml in May 2020 and nine new products to be launched within the supplement range during the period from June to September. The new supplements will expand the Me Today range to include key single ingredient high dose offerings, such as: Vitamin C, Magnesium, Vitamin B12, & D3.

Given the backdrop of the Covid-19 pandemic New Zealand will remain the focus for Me Today for the financial year ahead. The brand has great opportunity for growth in the New Zealand market. Accessing the Chinese market remains top of mind as this can be accessed through the local NZ community of daigou traders. The group also has contacts on the ground in China who are assisting with listing product on the T-mall platform as well as engaging with Chinese based marketing specialists.
There has also been inbound enquiry from other markets around the world and the group is looking to continue discussions with the pharmacy channel in Australia. Discussions will be ongoing and when global restrictions start to lift, and the timing is right the group will look to formalise arrangements in overseas markets

Me Today audited result to 31 March 2020 and Annual Report (https://www.nzx.com/announcements/353710)

[Snow Leopard]

An attempt to repeat the success of that last thing that everybody got really excited about and the SP did a parabolic curve (up and down) and I made lotsa money and then it was taken over at half the price I wish I could remember it's name but I can not at the moment but I think it started out as candles before it did skin stuff and the like and didn't some Royal use it?

[peat]

An attempt to repeat the success of that last thing that everybody got really excited about and the SP did a parabolic curve (up and down) and I made lotsa money and then it was taken over at half the price I wish I could remember it's name but I can not at the moment but I think it started out as candles before it did skin stuff and the like and didn't some Royal use it?
Ecoya by Trilogy International.

Amazingly that worked out well for most.

[Snow Leopard]

Ecoya by Trilogy International.

Amazingly that worked out well for most.

I knew the name would come back to me. :mellow:

[Cadalac123]

Great another company selling supplements.

[Gerald]

Just saw Beauden Barrett's wife is one of the directors.

A fair bit of Turners on the board, which isn't inspiring. Might get renamed Turners Skincare :)

[peat]

I hadnt heard of this but now am an expert after reading Brian Gaynors paywalled article in BusinessDesk in which he summarises with

" Me Today is a sales and marketing organisation that distributes health and welfare products, mainly through chemists. It generated revenue of $407,333 for the nine months to Dec. 31, 2019, and recorded a net loss of $482,626."

Gaynor certainly casts a few aspersions....

[jonu]

Anybody in this?

Ross and Baker and Lindsay involved

Balance probably a goer as well.

you 'avin a larf?

I'm sure Balance will be all over it with the Sorenson's involvement.

[blackcap]

I hadnt heard of this but now am an expert after reading Brian Gaynors paywalled article in BusinessDesk in which he summarises with

" Me Today is a sales and marketing organisation that distributes health and welfare products, mainly through chemists. It generated revenue of $407,333 for the nine months to Dec. 31, 2019, and recorded a net loss of $482,626."

Gaynor certainly casts a few aspersions....

The NZSA have a very interesting article on this in their latest issue of scrip. Backdoor nonsense is the theme I get from it.

Whats interesting is the name Sorensen keeps on popping up in these backdoor things (Moose alluded to this a long time ago) and now it seems his sons also named Sorensen are following in daddy's footsteps.

[Beagle]

I hadnt heard of this but now am an expert after reading Brian Gaynors paywalled article in BusinessDesk in which he summarises with

" Me Today is a sales and marketing organisation that distributes health and welfare products, mainly through chemists. It generated revenue of $407,333 for the nine months to Dec. 31, 2019, and recorded a net loss of $482,626."

Gaynor certainly casts a few aspersions....

With those metrics what could possibly go wrong ;)

[winner69]

With those metrics what could possibly go wrong ;)

Show some objectivity beagle

Just starting out they are

Ecoya made a few candles once ....and ended up being sold for $250m odd ...even though it was worth a lot more than that a year earlier

[Cadalac123]

Hand sanitizers and vitamin C, aren't those big enough buzzwords for everyone on this forum?

[percy]

Share price up 27.9% to 11 cents today..
Market capitalisation with 364,909,997 shares on issue, is now $40.14 million.

[winner69]

Share price up 27.9% to 11 cents today..
Market capitalisation with 364,909,997 shares on issue, is now $40.14 million.

The new global brand ambassador appointment got the punters attention

Beauden can do wonders

[Joshuatree]

and his wife.

[mudd]

Just visited a pharmacy in Waikanae today that stocks Me Today products, they are shelved so that they are right in your face soon as you walk in. Asked the cashier how long they have been stocking them, she said only for the past couple weeks and that they've been selling really well, might have to buy some for the missus to try out and see if this company makes worthwhile snake oil!

[clip]

MEE added to sharesies today so available to buy on there also

[percy]

Share price up 27.9% to 11 cents today..
Market capitalisation with 364,909,997 shares on issue, is now $40.14 million.

MC now $56 mil at sp of 15.4 cps.
MC $100 mil tomorrow afternoon.?

[JohnnyTheHorse]

Vast majority of trades being made are Shareies clients. Man this is easy money.

[Cadalac123]

Company has loss guidance for fy21 spiking this hard . Sure

[Beagle]

The strategy for the year ahead will be continued investment into growing the Me Today brand in New Zealand and in international markets. The group will also continue to invest in the Good Brand company sales network. As a result, the group will be loss making in FY21.
The financial year ending 31 March 2021 sees a strong pipeline of new product development for the Me Today brand with the launch of the Me Today Protect+ Mist Hand Sanitiser 100ml in May 2020 and nine new products to be launched within the supplement range during the period from June to September. The new supplements will expand the Me Today range to include key single ingredient high dose offerings, such as: Vitamin C, Magnesium, Vitamin B12, & D3.

Call me a sceptic but I think the market is already awash with product of that nature by well respected brands such as Blackmores and Healtheries with a vast range of this sort of product selling at very reasonable prices through almost every supermarket in the country. Good luck getting people to change from a brand they know and trust, (I certainly won't be changing).

But none of that will matter to some investors, they'll see a name they know and think to themselves if he's a believer it must be good. What could possibly go wrong :rolleyes: It will never cross most peoples minds that Beauden Barrett is being paid a fortune for his endorsement. I will stick with PAZ who are growing really fast and highly profitable too.

[Sideshow Bob]

The new global brand ambassador appointment got the punters attention

Beauden can do wonders

Imagine what would happen to the share price if they signed up Dan Carter..... :mellow:

[winner69]

Imagine what would happen to the share price if they signed up Dan Carter..... :mellow:

.....halve I reckon

[etrader]

Looking back at the previous history of the key shareholders we know the results of Trilogy, 42 below etc, these tend to be loss making companies then build up the distribution channels feed in more products and countries the exit time for pay dirt.

Although a smart investor will know this shell is a start up does this have a significant upside of 600% over the coming two years

[Paradox]

which demographics are they marketing to? if the brand is attached too much to the Barretts through sports and social media influencing, it could turn out very disappointing for the company if circumstances change for the celebrity couple.

42 below had a good product range and was popular with the young urban professionals.

[Cadalac123]

Wow capital raise? Even after getting the amazing PR from the directors husband))?

[sb9]

Pump it up, pump it up and bang ask for more money from poor shareholders...:scared:

[kiwidollabill]

This sector tends to attract players where business morals can be stretched. Business growth is rarely sustainable, a good pump n dump.

Not all, but I've heard/seen too many stories...

[MarineSalvage]

I guess they will get all the Sharesies people who have cash from missing IFT/AFT/AIA sps burning a hole in their pocket...

[Aanvil]

Maybe they use the capital to buy another company to "accelerate growth"? Buy the growth...

[etrader]

Reading between the lines it says available for selected retail holders so not sure if the $4 mill will be generally as there’s also a SPP limit 250k

[kiwico]

Reading between the lines it says available for selected retail holders so not sure if the $4 mill will be generally as there’s also a SPP limit 250k

Not sure how I ended up on the Sharesies email list but it's being pushed by them:



Hi [ ],

Today, Me Today Limited (MEE) has announced a Share Placement. A Share Placement is when a company gives investors the opportunity to buy shares at a set price, as a way to raise capital (cash).

Sharesies is providing access to the Share Placement, but we can’t offer any financial advice as to whether or not you should participate. All investing involves risk; you aren’t guaranteed to make money, and you might lose the money you start with.

Before you apply for the Share Placement, make sure to do your due diligence (https://sharesies.intercom-clicks.com/via/e?ob=Q%2FSj%2Flx7PZovLwfK1P%2B%2Fq3uS7RcXNpG5IBzTa pp%2Fp15qOsozsJwkhpTbCeQnlKn65PETRtT%2FITNZtTKMoG7 Jg%2FfdCIQRLJS%2BwO1HJ0pneJCy7KsjP91quI1jrH2mzDNM&h=68c23d1863198c931710d35707ccb707595fb887-n1goyeo2_73727400600220&l=f0b2d8f4492e36e069c4aec73bd1f350558738ae-3786719), consider your risk appetite (https://sharesies.intercom-clicks.com/via/e?ob=ClVUl8aeND8XmbLW3glcoLz1RgwMM6GfYL4jvmDIZyYR% 2Fjyff9%2FMnw%2BeWPISosm8YIPmZaKSqtZutpo9nBybhw%3D %3D&h=468f240acdf9d9c564bfa7425128b5f25deab75f-n1goyeo2_73727400600220&l=413fa1930874275ece409b08140dbd1415bcc242-3786720), and look at how these shares might fit within your wider investment strategy and Portfolio. Head to the NZX website to find the full details of the offer. (https://sharesies.intercom-clicks.com/via/e?ob=9mZf5lU0R3k8pEtHrsVtRQezc7ZDo%2FkZMln63MLkvQ6 HqfIOmGBba6ScYINFQXLp&h=00f630e8ea0c6b7ecca9fd77d82222057385fc3d-n1goyeo2_73727400600220&l=abfc26f9bee99864a272a5a18ec776f700f3eb03-3786738)How does it work?

In this Share Placement, investors have the opportunity to buy Me Today Limited (MEE) shares at a set price of $0.095 NZD.

You can apply to take part in the Share Placement through Sharesies between now and 1 PM this Thursday 9 July 2020.

You can apply for any dollar ($) amount of shares you want—there’s no minimum or maximum amount you can apply for, and you won’t be charged the Sharesies transaction fee.

You MUST have enough money in your Sharesies Wallet at 1 PM on Thursday 9 July for your application to process. If you have not submitted your application and/or the money is not in your Wallet by 1 PM Thursday 9 July, you will not be included in the Share Placement.

If your application is successful, Me Today plans to allocate shares by early next week.

[Joshuatree]

"Before you apply" thats a pretty clever subtle endorsement /assumption you're being privy to a great opportunity to ehh?

[Cadalac123]

"Before you apply" thats a pretty clever subtle endorsement /assumption you're being privy to a great opportunity to ehh?

Sharesies is def a trap for new investors, the staff who run it are beyond questionable and love screwing over retail investors who have no idea what they are doing under the guise the people running sharesies somehow do

[Leftfield]

Sharesies is def a trap for new investors, the staff who run it are beyond questionable and love screwing over retail investors who have no idea what they are doing under the guise the people running sharesies somehow do

I've met some of the Sharesies staff....... and would dispute what you say about them. Pretty libellous statement IMHO. Take care.

[Baa_Baa]

I've met some of the Sharesies staff....... and would dispute what you say about them. Pretty libellous statement IMHO. Take care.

Surprising how some people think they can post potentially defamatory and libellous comments under some false sense of impunity afforded by a thin veil of anonymity. Some should get their head straight, you are not anonymous here, you are discoverable and should behave within posting rules and the understanding that you can be singled out and challenged legally for what you say about people and companies.

[percy]

Perhaps some kind sensible moderator will delete his post,and save him a lot of aggro.
We are after all suppose to be a warm welcoming caring community here on Sharetrader.?

[Cadalac123]

Surprising how some people think they can post potentially defamatory and libellous comments under some false sense of impunity afforded by a thin veil of anonymity. Some should get their head straight, you are not anonymous here, you are discoverable and should behave within posting rules and the understanding that you can be singled out and challenged legally for what you say about people and companies.

Defamatory statements? I just posted an opinion? Is that not allowed now?
So I can't say any of my negative views about a company? I'm not in the professional finance
world and could care less about sharesies or any financial company. A forum
is meant to be a place to share opinions. I shared my opinion. If you disagree I don't really care but
don't need to get passive aggressive about it.

My opinion was formed by their posts on facebook and other social media outlets that
encourage people to use their platform freely without clearly highlighting
risks of investing. Obviously this benefits them and is at the expense of many.
They are a business so I don't blame them I guess. It doesn't matter if i'm not anonymous
my statement will have no bearing on their business and people are free to hold their own
opinion.

[Baa_Baa]

Defamatory statements? I just posted an opinion? Is that not allowed now?
So I can't say any of my negative views about a company? I'm not in the professional finance
world and could care less about sharesies or any financial company. A forum
is meant to be a place to share opinions. I shared my opinion. If you disagree I don't really care but
don't need to get passive aggressive about it.

My opinion was formed by their posts on facebook and other social media outlets that
encourage people to use their platform freely without clearly highlighting
risks of investing. Obviously this benefits them and is at the expense of many.
They are a business so I don't blame them I guess. It doesn't matter if i'm not anonymous
my statement will have no bearing on their business and people are free to hold their own
opinion.

I don’t care what you do, nor seek to moderate your comments. Just pointing out that there are enforceable standards here that are penetrable by those who choose to do so.

Fill your boots if you want to, just don’t do it thinking you are immune from consequences. Just saying, it’s your call.

[peat]

certainly havent been able to avoid knowing that there is an 'issue' today.
But not for me, today.

[etrader]

$4 million raised with demand twice the level of the minimum of $3 mill, will give them $6.5 mill plus zero debt to expand

[nztx]

I feel like retail investors are going to make this stock go parabolic!

It has that bubble potential. It's any easy stock for management to pump because of the branding. I can see this going to $200m on nothing.

No way I'm buying stock though but should be entertaining non the less.


You mean to say that a well discounted slice of the action on any number of offers seeking new investors wasn't enticing enough ? ;)

[Jim]

I feel like retail investors are going to make this stock go parabolic!

It has that bubble potential. It's any easy stock for management to pump because of the branding. I can see this going to $200m on nothing.

No way I'm buying stock though but should be entertaining non the less.

Is like throwing loads of money into big black hole

[etrader]

They’re forecasting sales only around $2 million based on the current rollout, I don’t see this stock as a pump up as their products are just over the counter items and yes the branding is clean but it certainly won’t do the 42 exit.

42 had a sweet spot in the market that the majors hadn’t tapped where this is a rugby player earning a fee and I’m sure they will seek good press to support the brand where possible.

I purchased just under .13c as a medium term hold maybe 20c over the coming two years gives 25% PA bit let’s all wait and see if they manage to pick up more distribution channels to boost revenue

[winner69]

Worth putting say $10,000 into I thought ....should be worth over $100,000 in a year or so.

Ecoya started of selling a few candles ....got some cash and acquired a back yard outfit in Trilogy ....and sold out for hundreds of millions.


Got to be early ...you never know

Off course punters will decry MEE for years ...makes life interesting

[etrader]

Be an interesting stock that would go either way depending if the market sees upside in that space.

I’ve chucked a few bucks as their branding and past history stacks up.

[MarineSalvage]

I made good money with FTB a few years back - didnt have the nerve for ecoya or moa though... I do tend to be wary of All Black endorsements (like Weet Bix...)

[whatsup]

With the current S P @ .095 same as the SPP life will be interesting leading up to the SPP close, whose taking up the SPP ?

[etrader]

I will pass on it now there’s no value when they’re trading at the same level and given the rights issue not long after listing they might drop further

[tommy_d]

suspect quite a few people had the same plan as I did. Buy the offer, sell quickly, bank the 15%. I'm glad it worked out as I had hoped.

[etrader]

Little more press on MEE in the Stuff website on why would you invest in it.

They talk about investing in leadership and the theme of the article was around the history of the founder with people hoping for that $100 million exit.

Was refreshing to see their view that revenue like that is a long way off as it’s a start up.

I’m sure the SPP will still get filled even with a max of $500k and it was good timing how fast they filled the first $4 mill before the SP dipped by day traders who got entitlement and flicked them off.

I’ve chucked in a few k as a long long term hold, they key is getting critical mass of distribution which they’re already rolling out with north of 200 retail unichem stores, next will be to ensure the bolt on trends are covered and add to the retail network.

[tim23]

Wife has been buying the products from the chemist shop said they are selling well and she reckons they are good quality, have bought a modest parcel of MEE

[mudd]

When can we expect to see the first earnings under this new ticker?

[silu]

I know nothing about them. Don't even want to know anything. Yet I put in $500 under the SPP for giggles. Happy to take any profit that would pay me a good night out.

[winner69]

I know nothing about them. Don't even want to know anything. Yet I put in $500 under the SPP for giggles. Happy to take any profit that would pay me a good night out.

I'd hold - be 50c to $1 one day

[etrader]

Don’t know dates but I figure given their $6.5 WOD of cash they’ll do that classic grown and loose coin until critical mass has been reached, a competitor wants their space and finds writing a cheque the ideal solution.

Disc bought a few but currently slightly below cost.

[silu]

I'd hold - be 50c to $1 one day

Then it will be the French Cafe with 2 bottles of the Lime Rock Gruener Veltliner :)

[MarineSalvage]

they tried that with MOA... it may work once or twice (FTB and ECO) but you cant fool all of the people all of the time...
Don’t know dates but I figure given their $6.5 WOD of cash they’ll do that classic grown and loose coin until critical mass has been reached, a competitor wants their space and finds writing a cheque the ideal solution.

Disc bought a few but currently slightly below cost.

[MarineSalvage]

another NTA calc mistake - wonder if it will send the Sharesies crowd into turmoil?

[x2rider]

This seems to be pretty basic stuff. Are the nzx not reviewing these

[MarineSalvage]

maybe they used all their wet bus tickets up??
This seems to be pretty basic stuff. Are the nzx not reviewing these

[Sideshow Bob]

another NTA calc mistake - wonder if it will send the Sharesies crowd into turmoil?

Unbelievable! BGI all over again!

[winner69]

This seems to be pretty basic stuff. Are the nzx not reviewing these

STephen Sinclair signed this disclosure to the NZX

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/MEE/353710/323281.pdf

He’s the cause of the problem ...not the NZX

Do you really expect the NZX to check every number that company representatives sign off?

[blackcap]

STephen Sinclair signed this disclosure to the NZX

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/MEE/353710/323281.pdf

He’s the cause of the problem ...not the NZX

Do you really expect the NZX to check every number that company representatives sign off?

It's quite an interesting dilemma. Because math is not everyone's strong suit, and it is really easy to confuse cents, dollars and decimal points in the margins. (done it myself a few times)

[winner69]

It's quite an interesting dilemma. Because math is not everyone's strong suit, and it is really easy to confuse cents, dollars and decimal points in the margins. (done it myself a few times)

I’m sure all (with the exception of the very smart ones) of us have made those sort of mistakes

[Snow Leopard]

It's quite an interesting dilemma. Because math is not everyone's strong suit, and it is really easy to confuse cents, dollars and decimal points in the margins. (done it myself a few times)

My personal NTA is $120M dollars

[Rep]

This seems to be pretty basic stuff. Are the nzx not reviewing these

The process of filing an announcement on the NZX is essentially logging in and the authorised person submits the document.

It is the authorised person's responsibility (and for those filed on behalf of an issuer, also the issuer's responsibility) to ensure that the announcement's are correct and the NZX does not fulfil the role of checking every single announcement.

Worth noting that not all announcements related to a security are filed by the issuer as SSH, takeover and other notices can be filed by other parties and that the NZX can file announcement such as trading halt or suspension notices.

The market surveillance and disciplinary functions of the NZX can require an issuer to issue a correction or where appropriate apply a penalty. There are other regulatory avenues if an announcement is materially misleading or intended to mislead that could be taken by the FMA.

Incorrect filings are nothing new to the NZX - this article from 2009 illustrates:
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10593604

I've always quite liked fudge but not in my financial statements.

[winner69]

My personal NTA is $120M dollars

...add in the intangibles you worth heaps more than thatb:t_up::t_up:

[Rep]

...add in the intangibles you worth heaps more than thatb:t_up::t_up:

Wait till you see Snow Leopard's EPS.

[whatsup]

another NTA calc mistake - wonder if it will send the Sharesies crowd into turmoil?

Staggering to me that this info comes out after the SPP closes.

[Cadalac123]

Punt investment anyway at this stage NTA is near meaningless this is like a company somebody made in their backyard after recruiting some random rugby guy as an endorsement

Who knows though maybe will be a bagger and I’ll look stupid 😂

[winner69]

Punt investment anyway at this stage NTA is near meaningless this is like a company somebody made in their backyard after recruiting some random rugby guy as an endorsement

Who knows though maybe will be a bagger and I’ll look stupid 😂

It'll be a 10 bagger (from here)

I'm in and I'm sure I won't look like a jackass (or stupid)

[nztx]

This seems to be pretty basic stuff. Are the nzx not reviewing these

Pretty poor sort of showing on part of filers putting info onto NZX really

Many of these outfits will / should have CFO's / Accountants etc onboard

Is it too difficult for them to check their figures before filing on NZX ?

[nztx]

Unbelievable! BGI all over again!

Are they all the ones who are now departing CAV ? ;)

[haewai]

Are they all the ones who are now departing CAV ? ;)

Bunch of tiny lemmings. 41 asks for 100,000 shares @ 0.33
At least the NTA for CAV isn't under question, yet.

[whatsup]

It'll be a 10 bagger (from here)

I'm in and I'm sure I won't look like a jackass (or stupid)

Go and have a look at the huge competition out there in the health shops etc in their space both domestic and internationally, so whats their edge and point of difference, forget the past record of the fish heads here this is completely a different operation, I guess TWT,
not forgetting that the top table got their shares for a fraction on a cent each, imo its a buyer beware stock, !!!

Im totally surprised that MEE is selling at these prices when the asset backing is "what " .003 or something near that.

[wilba]

Go and have a look at the huge competition out there in the health shops etc in their space both domestic and internationally, so whats their edge and point of difference, forget the past record of the fish heads here this is completely a different operation, I guess TWT,
not forgetting that the top table got their shares for a fraction on a cent each, imo its a buyer beware stock, !!!

Im totally surprised that MEE is selling at these prices when the asset backing is "what " .003 or something near that.

there was an nbr story where MEE said they were still trying to find their point of difference, specifically stating what trilogy had done with rosehip. although it is the korean skincare brands that are really in vogue right now in MEE's price range

does anyone know if MEE manufactures their product in NZ or is it subcontracted out overseas? (Monday the brand Zuru is contracting for manufactures in China)
Whilst there is a pharmacy up the road that probably stocks it i only venture to chemist warehouse.

[tim23]

Go and have a look at the huge competition out there in the health shops etc in their space both domestic and internationally, so whats their edge and point of difference, forget the past record of the fish heads here this is completely a different operation, I guess TWT,
not forgetting that the top table got their shares for a fraction on a cent each, imo its a buyer beware stock, !!!

Im totally surprised that MEE is selling at these prices when the asset backing is "what " .003 or something near that.

Not sure if the asset backing is entirely relevant in this case, maybe a property stock.

[whatsup]

Not sure if the asset backing is entirely relevant in this case, maybe a property stock.

IMHO the difference between asset backing and the current S P is called "blue sky " !!!

[nztx]

Not sure if the asset backing is entirely relevant in this case, maybe a property stock.

Tend to agree with you

The perceived value may be something different - depending on prospects, trading, new announcements etc

Take for example Xero in earlier days, PPH up until recently, PEB up until recently, SPY up until recently

There will be situations where NTA doesn't necessarily represent Enterprise or near to mid Future possible value

What is the Blue Air component with SPK, or FRE for example - with SP at a good multiple of NTA, or is this value attributed
on an established mature business to arrive at the premium ?

All companies start somewhere at an earlier point, until the market assigns a different value, for whatever reasons

[STONKS_ONLY_GO_UP]

It'll be a 10 bagger (from here)

I'm in and I'm sure I won't look like a jackass (or stupid)

I'm also strapped into this train. ETA for 10 bags? I give it 2 years.

[whatsup]

I'm also strapped into this train. ETA for 10 bags? I give it 2 years.

good luck with that, nothing really special here, lots and lots and lots of competition out there imho.

[wilba]

https://www.metoday.com/shop/supplements


Some hefty discounts being applied (38%). Priced too high to start with, or just trying to entice people to make a purchase?
Actually, checking lifepharmacy, and they are 50% off there.


Regardless their skincare range is overpriced for what it is compared to established companies. Right now to me, at least, they come off as trying to be a pharmacy version of Aesop.
There is going to be some serious red ink here for a while. Sitting on the sidelines with this one until the next capital raise.

[MarineSalvage]

Hardly a 10 bagger, maybe 1.5-2 bagger at best, skincare companies are like jam and chutney companies... multitudes of them... the only thing that MEE has is “The Star Power of Beauden” which I don’t rate that high

[STONKS_ONLY_GO_UP]

It all depends on if they can get the Becky's to bite, which I rate as highly probable. Never bet against Becky.

[STONKS_ONLY_GO_UP]

Further, the advertising campaign they have going right now is massive. See below some links from the Artist who does their billboards/art. Cut through plan looking good.

https://www.instagram.com/p/CCVYVj_BqmI/?utm_source=ig_web_copy_link

https://www.instagram.com/p/CCVYEfMhKhO/?utm_source=ig_web_copy_link

[MarineSalvage]

Hate to disturb the ramping but I’ve read their financials and “massive advertising “ is not feasible... at best they might get some guerilla marketing going. All the best to them but it’s a crowded market
Further, the advertising campaign they have going right now is massive. See below some links from the Artist who does their billboards/art. Cut through plan looking good.

https://www.instagram.com/p/CCVYVj_BqmI/?utm_source=ig_web_copy_link

https://www.instagram.com/p/CCVYEfMhKhO/?utm_source=ig_web_copy_link

[winner69]

Hate to disturb the ramping but I’ve read their financials and “massive advertising “ is not feasible... at best they might get some guerilla marketing going. All the best to them but it’s a crowded market

Get a little momentum ......raise more capital ....build more momentum .....and then spend the profits on even more promotion / advertising ...and heck before we know it they will have a small %age of this crowded market

Great things have to start somewhere

Better odds here than putting it on the Chiefs

[MarineSalvage]

Unless its the Kansas City Chiefs - they might go back to back
Get a little momentum ......raise more capital ....build more momentum .....and then spend the profits on even more promotion / advertising ...and heck before we know it they will have a small %age of this crowded market

Great things have to start somewhere

Better odds here than putting it on the Chiefs

[whatsup]

Dropping like a stone atm .09 below the issue price of .095 , grrrrrrh !!

[MarineSalvage]

But Beaudy and co got theirs at fractions of that... and isnt that what these companies are about?
Dropping like a stone atm .09 below the issue price of .095 , grrrrrrh !!

[+++++]

Some inside buys to ramp this back up wouldn't go astray.

[MarineSalvage]

Never with their own money
Some inside buys to ramp this back up wouldn't go astray.

[+++++]

Hopefully they are pushing 'protect' supplement hard at store level.

[+++++]

Would be a nice gesture

[whatsup]

Never with their own money

H@ll why not the insiders shares cost .00023 per share I think, long way from its current price @ .085 !!!!!!!

[nztx]

H@ll why not the insiders shares cost .00023 per share I think, long way from its current price @ .085 !!!!!!!

Aye -- cheap as chips from them bulk buy up CSM days; then suspended for a while before most got to even see the carcass being reincarnated

[MarineSalvage]

they've built careers on OPM so would assume they'll get Beaudy to tweet and Sharesies will do the rest
H@ll why not the insiders shares cost .00023 per share I think, long way from its current price @ .085 !!!!!!!

[toml.1234]

MEE are offering all Me Today shareholders a voucher of up to $40 to be redeemed online. MEE said “We want you to have the opportunity to trial our products and love them just as much as we do.”

Nice gesture!

[Lion_graf]

MEE are offering all Me Today shareholders a voucher of up to $40 to be redeemed online. MEE said “We want you to have the opportunity to trial our products and love them just as much as we do.”

Nice gesture!

It's the least they can do. Down 20%. Hopefully the AGM brings good news

[MarineSalvage]

assume they are desperate to book sales... even with a discount

[whatsup]

Very very crowded market, not for me this one , too many shares given to the fish heads for what ?

[silu]

Took up my offer of $40 discount and the one thing I really wanted was sold out. The more I look into this the more I realize that their product is very average but that doesn't mean it won't be successful. I only holds $500 worth of shares for giggles.

[Sideshow Bob]

Someone on Sharsies commented it was the best return they've had in the share market - $40 voucher for having $5 worth of shares!! :p

[shazam]

Took up my offer of $40 discount and the one thing I really wanted was sold out. The more I look into this the more I realize that their product is very average but that doesn't mean it won't be successful. I only holds $500 worth of shares for giggles.

Their website and digital marketing in general is pretty average too.

[Hello123]

If you read some of the code it seems like its a Shopify website reading the CSS.

So its a put bits here and there program make it yourself, hence why some of the layout is off.

not even had a developer build the website.

example supplements and skin care up each side disappear when scrolling up after there visible should have a higher z-index and the icon in top left corner goes over my mouse that's just at the top not to mention further down!

[shazam]

If you read some of the code it seems like its a Shopify website reading the CSS.

So its a put bits here and there program make it yourself, hence why some of the layout is off.

not even had a developer build the website.

example supplements and skin care up each side disappear when scrolling up after there visible should have a higher z-index and the icon in top left corner goes over my mouse that's just at the top not to mention further down!

It's a Webflow site (which is just a web based WYSIWYG builder) with a Shopify checkout. The two don't talk, so if a product is out of stock it doesn't tell you until checkout which is not a great user experience.

[Hello123]

It's a Webflow site (which is just a web based WYSIWYG builder) with a Shopify checkout. The two don't talk, so if a product is out of stock it doesn't tell you until checkout which is not a great user experience.

Yeah its ridiculous, what a cheap website.

[MarineSalvage]

did we really expect anything else?
Yeah its ridiculous, what a cheap website.

[Averagetrader1]

A few of you guys just keep repeating yourselves. Don't be surprised in a few years if you got this completely wrong

[Lion_graf]

What can we expect from the AGM on Friday? The SP is getting hammered

[whatsup]

A few of you guys just keep repeating yourselves. Don't be surprised in a few years if you got this completely wrong

Is this another Tru ?

[Averagetrader1]

Low volumes driving it down. Im expecting some decent updates. Have a rough idea of online sales already and i imagine in store sales are quite a bit higher. China sales in November will also drive sales heavily.

[Averagetrader1]

You're comparing this to a cancer screening company?

[winner69]

Is this another Tru ?

No, no ..another Trilogy .....didn’t that get to be a $300m plus company from a few candles sold out of a garage

[winner69]

Hi average

Put you name with mine and we as a team are above average eh

Mee will be good

[Averagetrader1]

If i recall i think trilogy acquired ecoya? Potentially that's also in to the mix to do something similar. To early to say if it can be as big but the opportunity is definitely overseas

[Averagetrader1]

Haha sounds good to me! Yep things will come right im sure. No denying though AGM will be important

[winner69]

If i recall i think trilogy acquired ecoya? Potentially that's also in to the mix to do something similar. To early to say if it can be as big but the opportunity is definitely overseas

Ecoya acquired trilogy .....who made stuff in a garage abd became big

Boys behind mee know what to do.

[Averagetrader1]

Stand corrected! Yep they certainly do

[winner69]

Most thought Ecoya were a joke when they IPO’d

Exit plan worked ...sold out at great heights

[silu]

Did anyone get a shipping confirmation of their order this week? I personally have once gotten 321 Shopify orders out in one single day on my own so not having had any shipping is horrible. If I had paid full price I would already give them a serve and go full-on-Karen on them.

[Averagetrader1]

Did anyone get a shipping confirmation of their order this week? I personally have once gotten 321 Shopify orders out in one single day on my own so not having had any shipping is horrible. If I had paid full price I would already give them a serve and go full-on-Karen on them.
Yeah i did but agreed clearly under staffed

[Averagetrader1]

Yeah i did but agreed clearly under staffed

Delivered this AM

[Lion_graf]

Did anyone tune into the AGM?

[winner69]

Did anyone tune into the AGM?

Pretty inspiring

Reminded us of how the people driving it have a great record of success (in making shareholders rich) .... as well as connecting with champions

Love the talk of going into Greeen Cross and mention of Diagou never goes astray

Great NPD

In 2 to 3 years time when share price is over a buck we'll look back and say jeez those guys were right

[Sir Ten]

Pretty inspiring

Great NPD



Is Cool-Aid in the pipeline?

[Lion_graf]

Pretty inspiring

Reminded us of how the people driving it have a great record of success (in making shareholders rich) .... as well as connecting with champions

Love the talk of going into Greeen Cross and mention of Diagou never goes astray

Great NPD

In 2 to 3 years time when share price is over a buck we'll look back and say jeez those guys were right

I definitely hope that's the case. No doubt about past success. Currently down 19%...

Any update on sales?

[Averagetrader1]

Think i asked majority of questions lol. Yeah some novice asked about why the SP went up then down. As Grant Baker said this is a 3-5 year plan. Just buy and forget and ignore the noise. Work starting with Japan and Aus now. China just starting too in terms of ecommerce sales.

[Averagetrader1]

One thing some people don't realise is they already have connections in place which makes things a lot easier

[Lion_graf]

Everyday for the last week on Instagram MeToday have shared ATLEAST half a dozen instagram stories on their page. Most of which depict that they have received their product for free.. trying to garner ambassadors I guess, doesn't seem like they would be shareholders given the $40 voucher.. I wish they were paid sales. Hopefully it pays off.

Volume lately suggests SP is heading down towards the 0.075 mark..

[Averagetrader1]

I agree. I don't get their Instagram account sometimes. But yes still low volume. Lets see if people start panic selling

[Lion_graf]

Here we are. Down to the resistance at 0.075.

Just discovered they have a MeTodayUK page on instagram. Though not many followers

[Lion_graf]

First TV campaign is getting released tonight, featuring the one and only Beauden Barrett 😎

[Averagetrader1]

Looking like SP is ready for a reversal

[shazam]

First TV campaign is getting released tonight, featuring the one and only Beauden Barrett 

What channel and time slot do you know?

Edit: nm, they've uploaded to their insta.

[Red3000]

Great to see them putting that marketing money to use. Beauden representing the brand on TV is exactly what I wanted to see.

[Averagetrader1]

Finally got there haha

[Averagetrader1]

Well oversold. Impatient sharesies traders off to cannasouth for a quicker buck

[Lion_graf]

What makes you think its oversold? I hope so. I'm not a technical analysis investor though

[Averagetrader1]

People are selling this at new lows just to get out. Impatience has got the better of some people. Am thinking we see a decent update before years end. All IMO

[Lion_graf]

All sellers and no buyers. This is heading south fast. Wonder why

[nztx]

All sellers and no buyers. This is heading south fast. Wonder why

A few others too on the same downwards swoop -- mostly small Caps non dividend paying Co's

[winner69]

A few others too on the same downwards swoop -- mostly small Caps non dividend paying Co's

Ardie Savea will help boost exposure

Still in talks with Caleb

[Lion_graf]

Ardie Savea will help boost exposure

Still in talks with Caleb
Good news. Where did you find this Winner?

[winner69]

Good news. Where did you find this Winner?

Just gossip / rumours out of Brisbane

[Averagetrader1]

They'd be better signing a major female celebrity

[winner69]

All going to plan

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/MEE/364107/336299.pdf

[silu]

All going to plan

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/MEE/364107/336299.pdf

I rest easy that my $500 I have invested seems to be safe ;)

[winner69]

I rest easy that my $500 I have invested seems to be safe ;)

Mrs Barrett off to Japan soon ...that could help global sales.

[silu]

Mrs Barrett off to Japan soon ...that could help global sales.

Is Japan a big supplement market? But then they have just launched a skin care range too. Might have to do some research into this company to see whether they warrant an increase in stake. At current numbers 30m MC is hefty but growth rates will be interesting. If overheads can be kept down it might be a worthy investment.

discl. Only hold the minimum as I was a small shareholder in the shell

[winner69]

Is Japan a big supplement market? But then they have just launched a skin care range too. Might have to do some research into this company to see whether they warrant an increase in stake. At current numbers 30m MC is hefty but growth rates will be interesting. If overheads can be kept down it might be a worthy investment.

discl. Only hold the minimum as I was a small shareholder in the shell

Keep them silu ...they be worth 3 bucks one day ...like Ecoya then Trilogy

Seems all the enthusiastic punters of a month or so have disappeared

[Averagetrader1]

Haha im still around. Im just patient

[nztx]

Haha im still around. Im just patient

Hopefully not one before the huge SP rise hoped for actually occurs .. ;)

[Averagetrader1]

I would not be surprised to see first distribution agreement by Jan

[Checkmate]

Bought some products today half price.. honestly I wouldn’t buy them full price. (Way more expensive than anything else I’ve seen, apart from Usana)..Will see how good they seem when I get them.

[Lion_graf]

Bought some products today half price.. honestly I wouldn’t buy them full price. (Way more expensive than anything else I’ve seen, apart from Usana)..Will see how good they seem when I get them.

I saw that to. 50% off everything.. I'm sure they will still have a pretty margin with this sale which is good for Shareholders. I was looking at getting some products earlier for my partner for xmas however they obviously not targetting me as I wouldn't pay what they're asking.

Happy that they are new company and are not looking to beat other brands on price entering the market. This is a good thing.

[Checkmate]

I saw that to. 50% off everything.. I'm sure they will still have a pretty margin with this sale which is good for Shareholders. I was looking at getting some products earlier for my partner for xmas however they obviously not targetting me as I wouldn't pay what they're asking.

Happy that they are new company and are not looking to beat other brands on price entering the market. This is a good thing.

Yup it will need to actually get stocked in supermarkets and all kinds of pharmacies to get the sales going I think. Do you know when the next earnings results are released?

[Averagetrader1]

I disagree. That isn't the positioning they are after. They would not want this in supermarkets as that puts the brands reputation as a cheap product. Their oils are placed next to trilogy exc in the pharmacies. The current pharmacy network is a pretty good start imo. There are heaps of them. The money will be in stocking similar businesses overseas to grow sales.

[imarktu]

I saw plenty of ME products in Orewa New World on Christmas Eve...

[Averagetrader1]

I think you are mistaken... There's another brand called ME for sanitary products. Me today is not in supermarkets

[imarktu]

Hmm, my mistake. It was a cursory glance, should have looked closer!

[Averagetrader1]

Easy mistake! It just launched a few months ago too via zuru

[Checkmate]

Anyone know what date financials are due?

[Averagetrader1]

They did a month ago

[nztx]

27/11/2020, 11:47 am HALFYR
Me Today results for the six months ended 30 September 2020

https://www.nzx.com/announcements/364107

26/5/2020, 3:54 pm ANNREP
Me Today audited result to 31 March 2020 and Annual Report

https://www.nzx.com/announcements/353710

[Checkmate]

This has been ripping lately up 1 Cent since i bought anyhow.

[Averagetrader1]

Haha yeah i added today. Due for a reversal

[Pchawla]

Time for gains after good sale result recently

[Checkmate]

I still haven’t received my product that I ordered... it’s been like 5 working days. Will be excited to finally receive and check them out.

[Averagetrader1]

Weird. Maybe follow it up?

[Checkmate]

Got the products I ordered about a week ago on Saturday they are good and well packaged, I am happy! I’m a bit worried about the price of the products when they are not on special though. I mean the same kind of thing is $20 at the supermarkets by decent brands and you get like the same if not more capsules, and the sunscreen is a rip off at $40 for 200ml of spf 30.

How is MeToday going to survive? I know they are meant to be a premium brand but honestly they don’t look that premium to be paying almost double the amount of money for half as much product..

[Checkmate]

I bought some more products during the sale! Encouraged all my mates to do the same �� I am really happy with the products I already have been using. But I wouldn’t buy them at the full price lol!

[Averagetrader1]

Dont disagree. I think their price point for their supplements is between 25-30 dollars. Oils exc im not phased by that pricing. When I asked at AGM about pricing they did say they were still playing around with it and i guess they will be figuring this out

[Optimistic]

What still trying to figure it out? Really.

[Averagetrader1]

Too high at 40 bucks so it will be interesting to see if they keep prices but just promote sales

[Averagetrader1]

What was your order number BTW? Can work out how many online orders there have been

[Checkmate]

What was your order number BTW? Can work out how many online orders there have been
My order number was 4800 an guessing around $60 per order that’s around $288,000 lol. But you’d never know what average order is, so far I’ve had two orders and been $60 and $90 but when the product was on special..

[Checkmate]

Someone should order something and see how many orders have gone by in a week lol.
I rounded my order number up as didn’t wanna say exact number obviously.

I’ve really enjoyed taking the men’s daily plus the focus and energise supplements, but the lip balm is awesome, got it for my GF but I’ve commandeered it :t_up:.
Got my girlfriend the women’s duo combo which came with a little bag too, and she was really stoked!

[Averagetrader1]

Haha yeah i was going to say round it! Nice that's good to know. That's probably a rough estimate. I don't know how many freebies they gave out to shareholders so would have to minus that. Definitely majority of sales are for sure in store. Good you two are enjoying the products man haha. I've been using the magnesium and energise too :) might have to try that balm too lol

[Averagetrader1]

Il order in a bit and update when i do with order # Still reasonably happy even though SP finished down today. Somone or someones definitely accumulated as of late

[Checkmate]

Il order in a bit and update when i do with order # Still reasonably happy even though SP finished down today. Somone or someones definitely accumulated as of late
Sweet mate, let us know! Yeah there hasn’t been too much volume lately but there’s been a bit of buying I guess, but that got handed back last few days!
I’ll definitely be holding and doing another order in a month or so and can update the order number “roughly” again :t_up: I didn’t even think about in store purchases lol. Forgot about that, I bet that accounts for a lot more of the sales.

[Checkmate]

Not too sure why there's so much selling volume the last few trading days, I'm expecting their sales to grow a lot from what they reported in November.. On second thought I suppose it's not a large amount, maybe $30,000 worth of shares traded today lol...
Anyone have any reasonable guesses as to what proportion of sales are in stores and online? from there we could work out roughly the revenue generated to date..

[Averagetrader1]

Definitely will haha. The store sales i honestly reckon are close to 70%.. Potentially higher!

[Averagetrader1]

Yeah those low shares are getting scooped up now and support comes in at 7 again. On the volume side its so low compared to the actual amount owned. Really hoping we get a business update soon! :) Doesn't help UK is in lockdown where distribution agreements are brewing

[Checkmate]

Definitely will haha. The store sales i honestly reckon are close to 70%.. Potentially higher!
By that logic and the online sales to date of roughly $280-300k then they sold maybe $700k in stores.. but that would be since they started operating under the brand name me today I guess, because those order numbers I assume start at 0 when the company began trading? It’s fun to ponder these ideas :t_up:

[Checkmate]

Yeah those low shares are getting scooped up now and support comes in at 7 again. On the volume side its so low compared to the actual amount owned. Really hoping we get a business update soon! :) Doesn't help UK is in lockdown where distribution agreements are brewing
Oh are they trying to break in to the UK? Man there would be some sales over there I reckon, and what about Aus?

[Checkmate]

I’ve read the annual meeting presentation and some of the interim financials, im probably expecting around $800-1000k revenue for the year. I’ve been too busy but I’d like to run a bit of analysis on this company, reckon it will be a beast in a few years.

[Checkmate]

I missed out on my chance to accumulate at $0.072! Hopefully there's another dip soon :)

[Averagetrader1]

Yep and Japan haha. Aus on the cards too. I agree. Chuck in some good acquisition and boom!

[Averagetrader1]

Very quick recovery and not surprised haha. Was a good top up opportunity!

[swmswm]

I hope the action over on the Taobao Tmall picks up over time. I count 407 total sales across the whole Me Today range with the valerian Good Night capsules being the most popular product at 83 units sold. Their Tmall online store looks rather attractive so with a little well placed marketing and some building of brand awareness they may be able to capture the Chinese market yet. There is a similar price tactic over there to what we've seen locally with a normal price established which is then heavily discounted. I'm still unsure whether this is a smart play for establishing the product or if customers will be turned off once the actual price becomes a constant. Anyway, this will be an interesting one to watch for sure, especially now that the SP is on the move and volume is picking up again.

[Averagetrader1]

Can you read mandarin? I also have managed to find their store on little red book but i have no understanding to actually read reviews or sales.

[Checkmate]

Hey guys and girls, I have some intel on a recent online order :) plus counting my last two orders -
The numbers are rounded just so theres no actual order numbers being stated on the big old web!

I start from my first order:
1. order 460X my order in Dec 27th
2. order 477X on Jan 19th 21
3. order 482X Jan 29 the latest order.

so by my math -
there were 171 orders in the 23 days between 1 - 2
then 53 orders in the 11 days between 2 - 3

that's 224 orders in 34 days (or 1.2 months ish)
If you went off that math as an average each month which won't be very accurate statistically that's approximately 186 online orders per month (28 days).
assuming the avg order is $40-$120 - roughly $7,400 - $22,300 revenue per month.. Is this good enough for the online sales part of the business? Hmmm.. I guess the store sales are much higher, and the potential for growth is huge, specially in China Aus and UK.

Anyway just thought I'd share, I paid $50 for this bit of "intel" plus got my Girlfriend a nice couple of goodies :t_up: HAHA.

[Rawz]

Hey guys and girls, I have some intel on a recent online order :) plus counting my last two orders -
The numbers are rounded just so theres no actual order numbers being stated on the big old web!

I start from my first order:
1. order 460X my order in Dec 27th
2. order 477X on Jan 19th 21
3. order 482X Jan 29 the latest order.

so by my math -
there were 171 orders in the 23 days between 1 - 2
then 53 orders in the 11 days between 2 - 3

that's 224 orders in 34 days (or 1.2 months ish)
If you went off that math as an average each month which won't be very accurate statistically that's approximately 186 online orders per month (28 days).
assuming the avg order is $40-$120 - roughly $7,400 - $22,300 revenue per month.. Is this good enough for the online sales part of the business? Hmmm.. I guess the store sales are much higher, and the potential for growth is huge, specially in China Aus and UK.

Anyway just thought I'd share, I paid $50 for this bit of "intel" plus got my Girlfriend a nice couple of goodies :t_up: HAHA.

As per their last update, revenue was $580k for the 6 months to 31 Sep 2020. So $96.6k per month.
For me the best way to measure these companies is to track the month on month growth or quarter on quarter.

What is their cheapest product? If you had a reasonable holding and wanted to keep an eye on your investment you could buy their cheapest product on the same date each month for 6 months and see what the trend is on order numbers. Your sample above is too small to draw any solid conclusions.

[Checkmate]

As per their last update, revenue was $580k for the 6 months to 31 Sep 2020. So $96.6k per month.
For me the best way to measure these companies is to track the month on month growth or quarter on quarter.

What is their cheapest product? If you had a reasonable holding and wanted to keep an eye on your investment you could buy their cheapest product on the same date each month for 6 months and see what the trend is on order numbers. Your sample above is too small to draw any solid conclusions.
I realise that, I believe their lowest value product is the lip balm at $15 regular price, but it is $6 shipping lol.
I will be a regular customer though maybe not monthly for supplements and things. Although I'm not a big shareholder as it's a bit risky, I might as well support the company I'm investing in while getting my sups!

[Sideshow Bob]

We have a bit of a sideline web sales business, as an adjunct to our main/different business. We do more than 200 orders per month, averaging about $65-70.

Best aspect is we get the retail margin, instead of selling wholesale to another retailer......

[Checkmate]

We have a bit of a sideline web sales business, as an adjunct to our main/different business. We do more than 200 orders per month, averaging about $65-70.

Best aspect is we get the retail margin, instead of selling wholesale to another retailer......
Sorry Bob, are you saying you're selling Me Today products on your website or are you working for Me Today?

[swmswm]

Can you read mandarin? I also have managed to find their store on little red book but i have no understanding to actually read reviews or sales.


My partner can read Mandarin so I sometimes get her to translate the website for me if the Google translation isn't sufficient or if the text is transposed onto the images. I've been looking through the website again today and they have special offers available for bulk bulk. The discounts in these cases are really significant so fingers crossed they will encourage wholesale buyers or help smaller stores become stockists of the brand. One disconcerting thing I found is many of the more popular Me Today products on the store are temporarily unavailable. The optimist in me hopes that the products have been selling like crazy and the sales figures on the website haven't yet updated. The realist in me suspects that not much stock has been allocated for the international online store or shipping costs have become too extravagant to be worth it.

The reviews on the products are overwhelmingly positive but it's anyone's guess how authentic they are. I'm not sure how well the reviews are vetted at Tmall but they are each accompanied with a personal photo of the product.

Long story short I still don't know what to think of the Tmall side of the business. It looks and feels great but will it move product? The Unichem Tmall store is showing similarly underwhelming sales figures for Me Today. Apparently to promote a certain product or store and move it to the top of lists on the website it costs money, how much money is anyone's guess. It will no doubt get washed up in Me Today's marketing spend. For now we should focus on the New Zealand sales I guess.

[Averagetrader1]

Oh nice! Let us know if you see anything else from that side worth mentioning! Yeah i agree NZ is focal point for now but i think it is quite hard to set up a physical store in China so i imagine they will gradually bump up marketing there. Looking forward to sales update

[Checkmate]

Wallstreetbets are jumping on the MeToday bandwagon :t_up: :lol:

[Rawz]

Wallstreetbets are jumping on the MeToday bandwagon :t_up: :lol:

Have you got a link?

[Checkmate]

Have you got a link?
Just kidding mate, most people on that forum don't even know what a "New Zealand" is... :lol:

[Averagetrader1]

Lol. Just gotta clear this 900k at 8.5 cents

[Checkmate]

HAHA big money in this one :)

[Averagetrader1]

Be rude not to haha

[Checkmate]

Anyone here experienced really long wait times from the day that you order online and the day you actually receive the product? I think the courier they use is ridiculously poor. Specially when you have to pay $6 shipping...

[nztx]

must be all the extra work processing someone's 900k @100 a time to even smaller buyers that may be
hogging processing resources .. :)

Did all the extra punters come in off WSB to spend a few coins they had leftover after a bit of game playing elsewhere ? ;)


might have to be patient waiting for any stock orders to be processed, until the Warehouse & Share Register computer
borrowed from someone's kid's study eventually finishes spitting out 100 sharelot sales docs ..

[Averagetrader1]

Yeah they are using an aggregator for cheap services. Unfortunately that means you can get any provider. Id rather they just move everything to courierpost but hey all about costs

[Averagetrader1]

Lol sadly not much to play with at the moment. I seem to be in all "boring" stocks atm according to the market!

[Averagetrader1]

How long is it taking? If its not overnight there's serious problems haha.

[Checkmate]

How long is it taking? If its not overnight there's serious problems haha. So It took 5 actual business days to turn up at my place, I live rurally though but I'm only like 20 mins from the nearest township in south island..
I'm quite annoyed paying $6 for the shipping when it is so slow, most online suppliers of things take 2-3 days to show up at my house max (and its free!). However, my Mrs was stoked with the face mask and lip balm :)

[Averagetrader1]

Oh wow! I mean good she liked it but that's bad haha. You should hit them up and ask them why your order took so long

[swmswm]

They've been advertising Me Today all weekend on The Breeze radio station. Not sure if this is new or been going on for a while. Rather than having the ads play during the ad breaks the presenters have been reading from a script about the 'premium' healthcare products. I was surprised by how frequently the company was talked about and it was represented as a 'sponser' for the weekend's broadcasting of the station. The advertising was far more tastefully done than haphazardly slipping in a random ad during the breaks between songs. I guess listener of The Breeze fit the demographic for the products but I can think of a few more appropriate stations to advertise on.

[Averagetrader1]

Yep on the edge too

[Checkmate]

They've been advertising Me Today all weekend on The Breeze radio station. Not sure if this is new or been going on for a while. Rather than having the ads play during the ad breaks the presenters have been reading from a script about the 'premium' healthcare products. I was surprised by how frequently the company was talked about and it was represented as a 'sponser' for the weekend's broadcasting of the station. The advertising was far more tastefully done than haphazardly slipping in a random ad during the breaks between songs. I guess listener of The Breeze fit the demographic for the products but I can think of a few more appropriate stations to advertise on.
That sounds good guys, anyone bought any products online lately that might wanna share an approximate order number? lol.

[Averagetrader1]

Not yet haha. I can confirm there is a buy one get one free in store atm

[Checkmate]

Beauden Barret testing out 3 new products, could be a good reveal in a few months12339

[Checkmate]

Looking at MeTodays website today and found that the Men’s and Women’s daily supplements are both sold out. Must be pumping out the sales lately! Very good for the upcoming results I’d say.

[Checkmate]

Me Today renews and expands agreement with Green Cross Heal
25/02/2021, 3:15 PM GENERAL25th February 2021
Me Today renews and expands agreement with Green Cross Health Me Today Limited (NZX: MEE) announced today that it has renewed and expanded its distribution relationship with Green Cross Health Limited (NZX:GXH) in New Zealand. Green Cross Health operates nationwide in New Zealand through 360 Unichem and Life pharmacies. Me Today is currently stocked in 280 of the stores. The Me Today brand launched in the Unichem and Life Pharmacy network during November 2019 and has expanded its footprint through the network since that time. At launch the brand had 20 products listed with Unichem and Life Pharmacies and it now has ranging for 36 products. The range will grow to 47 products in the first half of FY22 with 11 products launching in NZ. A further 8 products are expected through the second half of FY22. The new agreement with Green Cross Health replaces the initial arrangement expiring 31 March 2022 and provides the following key benefits: • Security of distribution throughout the Green Cross Health network of Unichem and Life pharmacies • Commitment to expanded ranging to take all existing and new products for the FY22, 23 & 24 financial years which will result in additional in-store presence and shelf space. • Heightened focus within the network to assist with in-store training and promotional activity. The renewed arrangement with Green Cross Health allows the Me Today brand to expand distribution into select independent pharmacies, health stores and online retailers. Me Today CEO, Michael Kerr says, “this extended partnership with Green Cross Health reflects the progress that the brand has made in a very short time and it provides a great platform to continue to expand brand presence and grow sales nationwide in New Zealand.” Following partnerships with rugby star Beauden Barrett and Olympian Sarah Walker, Me Today continues to cement its brand presence in the New Zealand market. This new arrangement with Green Cross Health is a further step in the development of the brand. In addition to this success in New Zealand, discussions remain ongoing with International partners in Australia, Ireland and Japan. As arrangements and negotiations are finalised further information will be provided. - ENDS -

[Averagetrader1]

Nice was about to share. Funny because i literally just bought some via them. Get those international deals signed! Beaudy in japan will help. Curious as to why Ireland seems to be the first target in that area

[winner69]

Good work Hannah

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/MEE/368861/342053.pdf

[zacman]

Her husband playing rugby there must help ...

zacman

[Maxwell]

http://www.sharechat.co.nz/article/924a9102/me-today-limited-nzx-mee-announces-japanese-distribution-agreement.html

[Checkmate]

Hey guys, what registrar deals with Me Today shares? I can’t find them on my computer share or link market services like my other shares, why is this? Maybe a dumb question..

[percy]

Should be Link Market Services.[according to Direct Broking ]

[Checkmate]

Should be Link Market Services.[according to Direct Broking ] Cheers mate

[wilba]

Hey guys and girls, I have some intel on a recent online order :) plus counting my last two orders -
The numbers are rounded just so theres no actual order numbers being stated on the big old web!

I start from my first order:
1. order 460X my order in Dec 27th
2. order 477X on Jan 19th 21
3. order 482X Jan 29 the latest order.

so by my math -
there were 171 orders in the 23 days between 1 - 2
then 53 orders in the 11 days between 2 - 3

that's 224 orders in 34 days (or 1.2 months ish)
If you went off that math as an average each month which won't be very accurate statistically that's approximately 186 online orders per month (28 days).
assuming the avg order is $40-$120 - roughly $7,400 - $22,300 revenue per month.. Is this good enough for the online sales part of the business? Hmmm.. I guess the store sales are much higher, and the potential for growth is huge, specially in China Aus and UK.

Anyway just thought I'd share, I paid $50 for this bit of "intel" plus got my Girlfriend a nice couple of goodies :t_up: HAHA.

I ordered about a week order - order #497x
So about 150 orders in 46 days. They are averaging 3-4 online orders a day.

Overall think the face cream is okay. Nothing special, maybe a bit better than standard Nivea supermarket stuff, and on-par with other creams found in pharmacies, e.g. Natio. Think it all comes back to what they have said before - they are still trying to find an identify that separates them like Trilogy and rosehip.
Haven't tried their supplements but not sure anyone can tell that stuff apart.

disclosure: hold a very tiny amount of shares and not yet sure if will change that.

[Checkmate]

I ordered about a week order - order #497x
So about 150 orders in 46 days. They are averaging 3-4 online orders a day.

Overall think the face cream is okay. Nothing special, maybe a bit better than standard Nivea supermarket stuff, and on-par with other creams found in pharmacies, e.g. Natio. Think it all comes back to what they have said before - they are still trying to find an identify that separates them like Trilogy and rosehip.
Haven't tried their supplements but not sure anyone can tell that stuff apart.

disclosure: hold a very tiny amount of shares and not yet sure if will change that.
Thanks for the update!
I really think the biggest part of their revenue is coming from in store sales, and soon overseas markets!
But it's interesting to see what number of sales they do each month from their main website.

[SailorRob]

Just wondering, has anyone actually read the listing document? http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/CSM/349864/318680.pdf

There is a lot of talk about the products and website and All Blacks here but I don't see much discussion regarding the numbers which is what's going to matter at the end of the day.

Let's look at the money the founders actually have invested in this enterprise - they say around 2 million dollars... Nothing at all to actually quantify this but let's go with it. For that they have around 225 million shares or 61% of the company. So their effective price is 10 times less than the current price you're buying in at. In reality it will be less than that, probably between half and 0.8 cents a share.

Anything wrong with that? Not necessarily, but I haven't read one comment regarding the insiders lock up period before they can start getting a 1000% return on their investment selling to you guys. Now lets look at Kerr specifically, he is earning his entire investment back in this enterprise in wages from it in 12 Months. I'm picking that the others will also be paying off large percentages of their investment in the enterprise from the enterprise.

Now if they can take it to $1 then we're all cool with that eh. Lets have a think about that.

To get to $1 that will mean at least a $400 million dollar company (with the coming dilution and options it will in reality be much bigger than this). Is that rational or realistic to just think they can conjure this up?

Trilogy was already a massive success with 10 million dollars in sales when it was sold in 2010 to the people you're all going on about for, wait for it, 10 million dollars. Or ONE times sales. There were some Ecoya shares thrown in later but essentially it was around 10/15 million...

There is no comparison between Trilogy when this lot took it over and Me today. None.

Your guys are currently paying around 40 times sales, some of you have paid over 50 times.

What does a business have to earn to justify a market capitalisation of $400 million dollars? How much does it have to sell and what are it's margins expected to be?

So if you're buying here at around $33 million, what are you getting for your money? You're getting a few million in cash which the founders are quietly feasting off in the background (while waiting for more cash to come in from fresh capital) and you're getting hopes and dreams. Remember the Trilogy story is vastly different to this.

The founders are not financially aligned with you and don't really have skin in the game. If I could buy in alongside them at sub 1c a share I might have a punt, knowing that's exactly what it would be. But all you're doing here is giving them a 10 bagger for nothing.

You'd all be much better off together putting in 32 million cash and forming you're own business. As that's what you're doing, you're paying 32 (many of you MUCH more) for this shell of a company with nothing but hopes.

In this market anything of course can happen, you could make or lose a lot of money. But that's not investing, you can do the same in the casino and it will be more fun.

Come on guys, read the documents and look at the numbers.

[wilba]

I have read the docs, it's why my weighting is <1%. It's neither going to make me rich or poor, but a little fun distraction

they also have no infrastructure - product development, manufacturing, warehousing, administration is all out-sourced. What are you buying? I have no idea other than a bit of hope and that there is opportunity for real scale at some point. i don't think that position is unique though, that's how a of of companies have started out in recent times in comestics

[Averagetrader1]

Valuation is high but what isn't these days. What are some of your bigger holdings / where else would you recommended investing for a high return on the nzx? I don't think website sales are an issue at this point but yes they do need to come up over time. Happy to leave this in draw and be patient. Cheers

[SailorRob]

Valuation is high but what isn't these days. What are some of your bigger holdings / where else would you recommended investing for a high return on the nzx? I don't think website sales are an issue at this point but yes they do need to come up over time. Happy to leave this in draw and be patient. Cheers

High? It's in the stratosphere, find me another NZX company more expensive. 40 to 50 times sales? Tesla is half the price.

This is one of the most expensive companies in the world. The SP500 is currently incredible expensive, up there with most expensive in history as is the NZX but they trade around 2.8 times sales, so MEE is around 1400% more expensive on a price to sales basis which is all we can use as it's got nothing else except revenue.

To just say it has a high valuation but what hasn't, is missing the whole point. This company makes the NZX look like it's being given away free.

Yes the NZX is very expensive and therefore I don't own anything on it except Steel and Tube which I bought between 50 and 80c, still think it's cheap but not super compelling. A very likely scenario for the NZ50C would be around zero return over the next decade apart from dividends as with the SP500. Anything is of course possible.

This is the most bifurcated market possibly in history with the major indexes very high in aggregate and some nose bleed valuations in there, along with some incredible quality companies that are extremely cheap, and lots of them too.

I would say my whole portfolio average would be around 10 times earnings, so around a quarter of the price of the NZX. Biggest holding is the highest quality company in the world, Berkshire Hathaway, trading around 12/13 times earnings, followed by Markel another extremely high compounding machine. Lots of Oil/Gas in there too.

Another company Alliance Resource Partners trading at a Price to average 10 year earnings of 2 and was 1 last year and nothing has changed for it's earnings. Did 280 million free cash flow last year and the the market cap was 300... Never had a single negative quarter of cash flow.

CK Hutchinson... there's lots of incredibly cheap incredibly high quality stuff out there right now but everyone's chasing the dreams, particularly here where everyone is just looking over the same few companies and picking them over and over again or so it seems to me.

[Averagetrader1]

Seriously? Tesla has A PE of circa 1000 lol. I can definitely name other nzx companies with higher valuations than MEE. Note that They are expecting revenue of over 2 mill for this period. 6 mil in bank as well. Hardly think you can be comparing those two. Look up CBD and Blis if you want to look up higher valuations. Its clear you have a low risk appetite which is totally fine. Just know that you won't likely experience any heavy gains with that portfolio. Totally respect that too. All the best!

[Checkmate]

Well if they beat even meet their expectations of $2m revenue in 2021-2022 that is a massive increase in revenue from their interim report, almost 100% at a guess?
then we’d be at about a 15price to sales ratio.. which isn’t madness for the early stages of a company looking at massive growth each year and expanding to international markets.

infrastructure and manufacturing facilities - is this even needed or would this create unnecessary fixed overheads for a small starting out company? Why would they want that when they can outsource their operations and focus on growing sales and creating brand value?!

It’s a bit of a “what if” company and yes we’ve taken a punt, but I’m not risking huge amounts here, plus I’m right into my well-being so I can feel a sense of supporting the company through buying their product which is pretty good by the way.
overseas markets like japan and UK will lap these products up too.

[Averagetrader1]

Exactly. People stating obvious things on a new company. We know its new and its risk vs reward like any small cap. Some go well others don't. But don't compare this to blue-chip stocks lol

[SailorRob]

Seriously? Tesla has A PE of circa 1000 lol. I can definitely name other nzx companies with higher valuations than MEE. Note that They are expecting revenue of over 2 mill for this period. 6 mil in bank as well. Hardly think you can be comparing those two. Look up CBD and Blis if you want to look up higher valuations. Its clear you have a low risk appetite which is totally fine. Just know that you won't likely experience any heavy gains with that portfolio. Totally respect that too. All the best!

SeriouslyLOL. (LOL is a piss take, I'd never actually use the acronym).

I think you're confusing P/E ratios with P/Sratios. When a company doesn't have a E to use in the P/E then you can't use itas a valuation metric. So when you compare MEE to Tesla, the price you'repaying for your share of the Revenue, yes seriously LOL.

Now of the two companies you have named as beingmore expensive on the NZX, well done, you found one. CBD, and I'll bet you own it too LOL. Blis is far far cheaper than ME I'll leave that with you to figure it out.

Note I don't care what any company is 'expecting'they're all expecting good things. The 6 mil in the bank is just otherinvestors cash waiting to be spent on All Blacks and salaries. I'm just simplycomparing valuations, obviously very different companies.

I'm not looking for 'heavy gains' as I'm not 12.My year to date across the whole portfolio (INCLUDING cash) is 40%, but this far exceeds what I willachieve long term. We can all get 'heavy gains' with a few hundred dollars insome penny stock but lets see how you go across a whole portfolio includingcash when it consists of your entire net worth. That is the question.

Now I'm guessing what you're meaning by 'heavygains' are probably a lot higher than 50% but lets assume you mean 50. Which Buffett in his prime could not do... But you probably can, so if you have 100kinvested with the 'heavy gains' in 10 years you will have around 6 million.

But before then you'll be running a lot of seriousmoney in the US as you'll be doing far better than any of the pros.

The very best in the world struggle to do muchover 15% over the long term, there are some exceptions who have done over 20%for 10 years plus but an extremely small handful.

I hope to have a chance at 10 to 15% returnsover the medium term but this will be very difficult to achieve and would meanvery quickly having a multi million $ portfolio.

It's clear that you're going to lose a lot ofmoney and thatÂ’s fine, totally respect that. You can still boast about the heavy gains you've had on a couple of penny stocks.

[SailorRob]

Well if they beat even meet their expectations of $2m revenue in 2021-2022 that is a massive increase in revenue from their interim report, almost 100% at a guess?
then we’d be at about a 15price to sales ratio.. which isn’t madness for the early stages of a company looking at massive growth each year and expanding to international markets.

infrastructure and manufacturing facilities - is this even needed or would this create unnecessary fixed overheads for a small starting out company? Why would they want that when they can outsource their operations and focus on growing sales and creating brand value?!

It’s a bit of a “what if” company and yes we’ve taken a punt, but I’m not risking huge amounts here, plus I’m right into my well-being so I can feel a sense of supporting the company through buying their product which is pretty good by the way.
overseas markets like japan and UK will lap these products up too.


Yes agree with all that. You know exactly what you're getting into and sure it could go way up. I'd take a punt myself if I could get in at the price the others have (ten times lower than here).

I'm not sure any of their products have anything to do with 'well-being' however but as long as people think they do then thats all that matters.

[Averagetrader1]

Being a self righteous smart ass gets you no where.I meant what i said that steady blue chips are a safe and good play. Having some of your portfolio in smaller caps isn't a bad play for those willing to take the risks. Don't know why you're getting so defensive when i specifically asked you other small caps you would recommend then for similar risk reward. Those numbers seem terribly low though. Maybe you should consider an ETF? Not being 12 and all

[SailorRob]

Being a self righteous smart ass gets you no where.I meant what i said that steady blue chips are a safe and good play. Having some of your portfolio in smaller caps isn't a bad play for those willing to take the risks. Don't know why you're getting so defensive when i specifically asked you other small caps you would recommend then for similar risk reward. Based on those numbers you've provided i must be better than the pros.... LOL

You would know all about being a self righteous smart arse thats for sure.

Smaller caps are a great idea and can be where the money is but have to be at appropriate valuations. Your specific question was 'What are some of your bigger holdings / where else would you recommended investing for a high return on the nzx'? Nothing about small caps or about risk reward.

The numbers I've provided should be bread and butter to any serious investor, you should know this stuff. I very much doubt you're better than the American Billionaires but I'm sure your 3 Month track record so far is, as many others will be too. Lets see how you go over the longer term. You're probably the next Buffett LOL.

If you do over 20% with decent portfolio size over the next few years then we will all know who you are. I suggest some time with a compound interest calculator.

[Averagetrader1]

So i think I've got this right now. You come on this forum as some sort of mentor to tell everyone to sell and that they're pretty much idiots to own at these prices. You then also seem to think that the days of true valuations are still around... They are not and surely you know this? My 3 month record has actually been quite dull but having a diverse portfolio keeps things at bay. I really have no idea why you're here?

[SailorRob]

So i think I've got this right now. You come on this forum as some sort of mentor to tell everyone to sell and that they're pretty much idiots to own at these prices. You then also seem to think that the days of true valuations are still around... They are not and surely you know this? My 3 month record has actually been quite dull but having a diverse portfolio keeps things at bay. I really have no idea why you're here?

As I've said, there is a lot of stuff at extremely cheap valuations. I'm almost fully invested and won't be selling anything, just buying buying buying. LOTS of stuff at depression prices let alone decent valuations.

'True valuations' are indeed alive and well and all around us. Just need to look. As I've said, bifurcated market. Possibly the most of all time.

But yes people owning things at 40 times revenues... as long as you know how expensive it is compared to the most expensive companies in the world, all is good.

The most expensive company I own is Unilever, one of the highest quality companies in the world and half the price of the average NZX company.

[Averagetrader1]

Nothing you've said is wrong. I do agree unilever is a smart buy and hold. GL

[SailorRob]

I'm just trying to highlight the risks to people who may not have seen them is all.

MEE could easily go way up from here particularly in this market. The founders could well make a go of it but building from ground up will be tough and Trilogy was already very successful when they got involved, now they have to compete against them too.

I always try to think of it like would I buy the whole company if I had the money, and for 33 million I'd be worried what I was getting.

Very keen on the small cap space though.

[silverblizzard888]

Nice to see that in the end you both can settle this like reasonable folk and respect each others opinion even if though you have different views.

Lets just agree that hey this is high risk, but potentially has a high rewards if they succeed. Me Today are doing a great job with their distribution currently, just walking into the pharmacies and seeing their product is pretty cool and their planned sales into China and Japan show immediate signs of their experience and what they are trying to build. Not to mention more new products on the way, amazing given how many products they have out already.

These guys have taken what they learnt at Trilogy and are implementing it all here, thats why this has a high valuation, its like asking why pay a CEO millions when I can get someone off the street at minimum wage to make all the big decisions. The quality of decision making and value generated is not easily found elsewhere. In my opinion anyway, what took trilogy 5 years will take these guys 3 years and its really showing. They know all the right targets to hit and currently I'm really impressed with them.

[SailorRob]

Nice to see that in the end you both can settle this like reasonable folk and respect each others opinion even if though you have different views.

Lets just agree that hey this is high risk, but potentially has a high rewards if they succeed. Me Today are doing a great job with their distribution currently, just walking into the pharmacies and seeing their product is pretty cool and their planned sales into China and Japan show immediate signs of their experience and what they are trying to build. Not to mention more new products on the way, amazing given how many products they have out already.

These guys have taken what they learnt at Trilogy and are implementing it all here, thats why this has a high valuation, its like asking why pay a CEO millions when I can get someone off the street at minimum wage to make all the big decisions. The quality of decision making and value generated is not easily found elsewhere. In my opinion anyway, what took trilogy 5 years will take these guys 3 years and its really showing. They know all the right targets to hit and currently I'm really impressed with them.


Well said. Also a very rational explanation on the valuation.

[wilba]

Must be balance date coming up. Last week offering one of their supplements free when buying any others, and now 40% off everything online before 11.59pm 31st March.
Odd timing that as not sure how they can recognize the revenue if not shipped prior to the 1st April.

They have me tempted though, even just from a curiosity on the quality of their creams. If there is one thing the Japanese won't accept it is poor quality. Even the smallest blemish on packaging will have it being rejected before it hits the retailers warehouse.

[Checkmate]

MEE
31/03/2021 13:12
MKTUPDTE
PRICE SENSITIVE
REL: 1312 HRS Me Today Limited

MKTUPDTE: MEE: Me Today appoints Irish and Australian Partners

Auckland, New Zealand: Me Today Limited announces today that a distribution
agreement has been signed for the Me Today brand in Ireland with Uniphar
Wholesale Limited.

Uniphar Wholesale Limited is part of publicly listed Uniphar Group, a trusted
global partner to pharma and medtech manufacturers globally with over 2,000
employees and revenues of Euro1.8 billion. Uniphar operates a fully
integrated model with 280 plus pharmacies trading under the Allcare, Life and
Hickey's pharmacy banners. In addition, Uniphar has access to a network of
1,850 pharmacies across Ireland. Product will be shipped to market in August
2021 and the brand is expected to be on shelf, in selected stores throughout
the Uniphar network, in September 2021.

Uniphar consumer unit business manager, Louise Martin, says, "We couldn't be
more excited to sign this distribution agreement with Me Today and bring this
unique, New Zealand brand to Ireland. As a beautifully designed,
cross-category pharmacy solution, Me Today stands out on shelf and we are
confident that it will be well received by our customers."

Me Today has also announced its first Australian retail partnership with
Adore Beauty Group Limited. Me Today will launch a selected range of
supplements and skincare products on both the Australian and New Zealand
Adore Beauty sites in quarter four of 2021.

Adore Beauty is Australia's number one pureplay online beauty retailer, with
revenue of AUD $96.2 million for the half to 31 December 2020. Its vision is
to help women feel more confident and fabulous every day by delivering an
empowering and engaging beauty shopping experience personalised to their
needs.

Me Today CEO, Michael Kerr says, "We are excited about the opportunity that
these partnerships provide the brand. In the last few months, we have had a
large amount of interest in Me Today from retailers and distributors around
the world with consistently positive feedback around the point of difference
in our brand offering, the formulations, and appearance of the product
in-store."

Adore Beauty senior category manager, Danielle Chee says, "Adore Beauty is
excited to partner with a brand such as Me Today which provides a point of
difference through its multi-category approach and high quality products
supporting and promoting wellness from the inside out."

Me Today can also confirm that despite the COVID-19 challenges faced over the
last year, the company has continued to grow in line with expectations with
annual gross revenue for FY21 being at least $1.4m. As communicated at the
Me Today Limited Annual Shareholders Meeting held 25 September 2020, the
company will deliver gross run rate revenue of $2m in March 2021 with March
revenue a minimum of $166k.

With additional sales from these new partnerships and the expanded Green
Cross Health agreement announced previously, Me Today expects annual gross
revenue for the financial year ending 31 March 2022 (https://www.sharetrader.co.nz/x-apple-data-detectors://21) to more than double to at
least $3m.

[Checkmate]

MEE
31/03/2021 13:12
MKTUPDTE
PRICE SENSITIVE
REL: 1312 HRS Me Today Limited

MKTUPDTE: MEE: Me Today appoints Irish and Australian Partners

Auckland, New Zealand: Me Today Limited announces today that a distribution
agreement has been signed for the Me Today brand in Ireland with Uniphar
Wholesale Limited.

Uniphar Wholesale Limited is part of publicly listed Uniphar Group, a trusted
global partner to pharma and medtech manufacturers globally with over 2,000
employees and revenues of Euro1.8 billion. Uniphar operates a fully
integrated model with 280 plus pharmacies trading under the Allcare, Life and
Hickey's pharmacy banners. In addition, Uniphar has access to a network of
1,850 pharmacies across Ireland. Product will be shipped to market in August
2021 and the brand is expected to be on shelf, in selected stores throughout
the Uniphar network, in September 2021.

Uniphar consumer unit business manager, Louise Martin, says, "We couldn't be
more excited to sign this distribution agreement with Me Today and bring this
unique, New Zealand brand to Ireland. As a beautifully designed,
cross-category pharmacy solution, Me Today stands out on shelf and we are
confident that it will be well received by our customers."

Me Today has also announced its first Australian retail partnership with
Adore Beauty Group Limited. Me Today will launch a selected range of
supplements and skincare products on both the Australian and New Zealand
Adore Beauty sites in quarter four of 2021.

Adore Beauty is Australia's number one pureplay online beauty retailer, with
revenue of AUD $96.2 million for the half to 31 December 2020. Its vision is
to help women feel more confident and fabulous every day by delivering an
empowering and engaging beauty shopping experience personalised to their
needs.

Me Today CEO, Michael Kerr says, "We are excited about the opportunity that
these partnerships provide the brand. In the last few months, we have had a
large amount of interest in Me Today from retailers and distributors around
the world with consistently positive feedback around the point of difference
in our brand offering, the formulations, and appearance of the product
in-store."

Adore Beauty senior category manager, Danielle Chee says, "Adore Beauty is
excited to partner with a brand such as Me Today which provides a point of
difference through its multi-category approach and high quality products
supporting and promoting wellness from the inside out."

Me Today can also confirm that despite the COVID-19 challenges faced over the
last year, the company has continued to grow in line with expectations with
annual gross revenue for FY21 being at least $1.4m. As communicated at the
Me Today Limited Annual Shareholders Meeting held 25 September 2020, the
company will deliver gross run rate revenue of $2m in March 2021 with March
revenue a minimum of $166k.

With additional sales from these new partnerships and the expanded Green
Cross Health agreement announced previously, Me Today expects annual gross
revenue for the financial year ending 31 March 2022 (https://www.sharetrader.co.nz/x-apple-data-detectors://21) to more than double to at
least $3m. This is actually some big news, and $3million expected revenue for FY2022, this puts the forward P/S ratio at roughly 10 based on today’s valuation. If they grow as expected they will be at a much lower valuation in a few years. I’m holding my shares to find out!