CHA Charlies

[Contrarian]

Gidday

Might pay to sell ASAP & look to re enter when the powder settles.

[The Doctor]

quote:Originally posted by Contrarian

Gidday

Might pay to sell ASAP & look to re enter when the powder settles.


by the beginning of next month ...they'll be cheap as ....as...'charlies'!

[Sideshow Bob]

Maybe why it's called Charlie's!!

http://www.cockneyrhymingslang.co.uk/english/letter/C.aspx

PS - Great Site

[Steve]

Is there some background FORCE holding the CHA shareprice at/above 10c until the warrants expire?[?]

What will the closing shareprice be by the end of next week? 9c[?]

[The Doctor]

now that Mark Ellis has been convicted on a drugs charge...will he be able to remain a director of a public listed company?

[ari]

quote:now that Mark Ellis has been convicted on a drugs charge...will he be able to remain a director of a public listed company?
Immm...should be interesting AGM on Tuesday

[kiltwear]

A conviction for a dishonesty can disqualify (Section 382 Companies Act) but not a drugs conviction

[craic]

Possession is a minor charge by any standards - the rest is a media beat-up. How about there-but-for-the-grace-of-god-go-I? I remember in the middle of a particularly peculiar course on sex (of all things) Sitting in a car in Johnsonville sucking down some THC to get me (and several others)through the second week of that course. Debating sex, ten hours a day for two weeks with others of a similar ilk can do funny things to your brain. It does absolutely nothing for your libido.

[IcedPaladin]

[quote]Originally posted by craic

Possession is a minor charge by any standards - the rest is a media beat-up. How about there-but-for-the-grace-of-god-go-I? I remember in the middle of a particularly peculiar course on sex (of all things) Sitting in a car in Johnsonville sucking down some THC to get me (and several others)through the second week of that course. Debating sex, ten hours a day for two weeks with others of a similar ilk can do funny things to your brain. It does absolutely nothing for your libido.
[Tell us more.
How could anyone want to or more to the point have to endure such a thing.
Perhaps a court ordered sentence?/quote]

[craic]

No just a course at Tiramoana (Porirua Hospital) for experienced social workers.

[Halebop]

quote:Originally posted by craic

Possession is a minor charge by any standards - the rest is a media beat-up.

To me it's a very major moral risk indicator. You shouldn't operate heavy machinery when taking even quite mild prescription drugs. Your drug affected actions have dangerous drug induced consequences. How much better would you fare operating a public listed company "under the influence"?

I think Marc Ellis is a very clever and articulate man. I'm sure some PR and a bit of his home brand humour will smooth things over. However the damage he could have done to the business and brand was potentially catastrophic. A foolish and reckless appraisal of risks, with not just his own life and livelihood but numerous others peoples' as well. Less than impressed.

Disc: Not a holder and never will be.

[Gryffyn]

He may even qualify for the seven year clean slate yet.

[Gryffyn]

Marc Ellis resigns from Charlie's, holds on to TV job


27.08.05

By Louisa Cleave

Marc Ellis has held on to his television job for now but lost his place around the boardroom table after admitting he bought five Ecstasy pills for personal use.

The television celebrity and former All Black was convicted in the Auckland District Court yesterday of possessing the class-B drug.

He was fined $300 and ordered to pay court costs of $130.

He later offered his resignation to the board of juice company Charlie's, and it was accepted. Ellis was a co-founder and director of Charlie's and played a key role in the company's marketing.

But it is as a television host that he is better known these days, with regular appearances on Touchdown-produced shows on TVNZ. The broadcaster said yesterday that it would continue screening Game of Two Halves and Matthew and Marc's Rocky Road To South America.

However, the drug conviction would be a factor in decisions about future shows.

It was a long day for the normally jovial Ellis, beginning with a visit to the Auckland Central police station at 9.45am to be charged by drug squad detectives and then "processed" - photographed and fingerprinted for the national crime database.

Two hours later, the officers escorted Ellis to court in an unmarked police car and walked him through a back entrance to wait in custody for his afternoon appearance.

Ellis walked into the dock just after 3pm, stood with his head up and confirmed the worst-kept secret in the country: that he had been caught up in a so-called white-collar drug ring busted by police last month.

Former league player Brent Todd was this month identified as the other celebrity. He is named in court documents as a joint offender in supplying cocaine and cannabis but has not been charged with any offence.

In court yesterday, lawyer Robert Fardell, QC, said Ellis, who still holds the record for the most tries by an All Black in a test (six against Japan in the 1995 World Cup), did not seek name suppression and accepted responsibility for his actions.

Crown prosecutor Fletcher Pilditch said Ellis and an associate, who was not identified, went to the apartment of another man, who is currently facing charges, on June 25 to buy Ecstasy.

The man explained to Ellis and his friend that he had tablets that were "beautiful" and asked, "Do you want 10?"

Ellis spoke to his friend and they agreed they wanted 10 pills.

The man said he would sell them for $60 each and payment was made.

Ellis told police he had bought five tablets for his personal use.

Judge Bernard Kendall said it was Ellis' first criminal offence, although he had appeared in court on a traffic matter.

The maximum penalty for the charge was three months' prison and/or a $500 fine, said the judge.

"Having regard to the nature of the offence, the appropriate penalty in this case is a monetary one. It seems to me that the proper penalty has to take into account the cost per tablet, and if there are five ... the appropriate fine is $300 and $130 court costs."

Outside court, a serious Ellis said he had made a bad error of judgment.

"I'd like to apologise to my parents, my family and friends and supporters. I made an err [sic] of judgment on an evening for which I'm paying the price and I'm genuinely sorry."

Ellis refused to answer further questions and walked quickly to his father Chris' late-model Jaguar car, which whisked him away.

While Ellis was not talking, his friend and boss, Sportscafe producer Ric Salizzo, went into bat for him, saying he had made a mistake and paid the price.

Salizzo said he was disappointed in Ellis but people had to forgive mistakes.

"Marc's Marc and he's made a mistake. I give him a lot of credit for the way he's handled himself. He's taken it on the chin and dealt with it. That doesn't explain away what he's done but it's an indication of the sort of person he is."

Salizzo said Ellis had never indicated to him that he used drugs.

"It came as a surprise."

Ellis would be back with

[BRICKS]

This man mite holiday in Bali next.. [8D]

[Longtack]

There's a perception here, and by Joe Public generally, that all drugs have a negative effect on a person's ability.
There are many, many examples of leaders of any field who are either drug-users or addicts. I think peeps make the assumption that all drugs are the same, or that illegal drugs are necessarily worse than legal or restricted drugs. No two drugs have identical effects so when one knows what one is talking about it may help to be more objective. I think the question here is about Ellis' ability to do his job. What has changed since Charlies was he listed? I don't believe that this was a momentary lapse in good-judgement as he has apologetically pleaded, but he now has a very minor drug conviction - and that will prove to be rather irksome. He wasn't out of control or offering it to kids at $60 a pop, and he certainly wasn't drunk in Parliament (like Winston Peters, Rob Muldoon, and other MPs to whom we have entrusted NZ's governance.) The law can be a braying ass and often bears little relationship to justice. Drug laws should be about preventing weak or foolish people from destroying themselves. Where is the evidence that either David Henderson or Ellis are a moral hazard or other threat that justifies using a sledgehammer to crack a nut? I'm more concerned about state-funded chronic asthmatics and ADHD kids eating artificial colourings and flavours in state-sanctioned food.
Perhaps some mild hallucinatory might help to broaden "our" perception.[:p]
As for moi? - relatively sober, even-tempered, and certainly not advocating any drug-use to a bunch of unimaginative,dullard pus*sies.
Remember now that reality is for people who can't handle drugs.;)

[Halebop]

Almost all drugs are bad, including prescription drugs. They all have side affects. Science is not very good at producing "benevolent" chemicals.

Studies have shown that Ecstasy impacts short term memory. Regular users show progressively worse results than occasional or non users. While mental "alertness" is not materially affected, Memory, Learning & IQ are. (You only need to know a few regular users to know this is true without needing a statistical study).

Ecstasy is also linked to anxiety and depression. Perhaps because it drastically decreases the levels of seratonin (particularly in women). While not a lot is known about seratonin, I think few people would augment their work performance from decreasing levels.

The main thing that has changed for Charlies is that Marc Ellis was caught breaking a law and taking a very stupid drug. Perception is 9/10th's of fact, particularly for a marketing company. From a risk analysis perspective I follow the same rules that insurance companies do: Where there is smoke, there is fire. There mere fact he took E is symptomatic of someone not in control or aware of their risks. If he can't control his own risks he certainly isn't going to be allowed muddy mine.

[craic]

Years ago I went ot my doctor and told him that I had given up smoking and could not keep my weight down. I was working long hours in a timber mill at the time. He immediatly gave me a large supply of Dextro-amphetamine sulphate which I took daily, morning and lunchtime. It had the weird effect that my olfactory system went haywire. I had the nose of a dog and had all sorts of trouble with food. If I drank from a vessel that had been through a dishwasher the taste and smell of the detergent was overpowering. I dived into a local swimming pool and straight out again, complaining to the attendant that his pool was like a sewer. Tests carried out on the spot supported my assessment and the pool was promptly emptied.
One morning I got to work and remembered that I had not taken my pill. I had an overpowering sense of disappointment. I never took another DAS pill, well, apart from a couple before interviews. Much later when I told my doctor the story, he laughed and told me that he could not prescribe the medication again even if he wanted to. It had been restricted to Psychiatric use. I went back to smoking.

[Longtack]

Rocking - seems a "broad-brush" attitude by making them illegal is the only practical solution, notwithstanding any individual's ability to control their own behaviour.
Halebop - You've identified two risks here: the risk of Ellis getting addicted to an amphetamine (which is cetainly addictive as it stimulates seratonin use) and the risk that his judgement will be impaired by his use of it. One of them may be causitive??
I'm pretty certain that Ellis would be aware of the risks, but in this case he ballsed it up by trying to buy from someone he shouldn't have trusted or by having the fuzz on his trail.
I'm rather guarded about trusting anyone with a degree in Marketing. They're too happy to tell you what you want to hear, (and I recall saying that about Mr Ellis when they listed.)

[Longtack]

Well the truly wealthy will shrug it off with the understanding and clarity that wealth brings. I'll never know the feeling but I wish them happiness.:)

[Halebop]

quote:Originally posted by Longtack

Halebop - You've identified two risks here: the risk of Ellis getting addicted to an amphetamine (which is cetainly addictive as it stimulates seratonin use) and the risk that his judgement will be impaired by his use of it. One of them may be causitive??

I don't realy even see them as the risks. They are just "symptoms" of character. The real risk it points to is ability to make sound judgement and ethical calls. From a company management perspective this is the only important question.

This was also manifested in Clarke's "speedgate" affair recently. She states she was unaware the car was travelling so fast. This is simply a lie or she is so lacking in basic observation skills she shouldn't be in the job. I'd expect the truth lies with the former and in which case apparently the Prime Minister's expendiency is above the law.

The officials in question were law enforcement officers blantantly breaking a law designed to keep people safe, and one which they themselves are expected to uphold and observe. All of this is symptomatic of a lot of things and none of them are good.

[ari]

quote:Years ago I went ot my doctor and told him that I had given up smoking and could not keep my weight down.
Reminds me of the time when my wife worked as a Doctors receptionist for 18mths. He was renowned for assisting patients with weightloss, and they would come from all over Auckland. Only thing was, none were over weight.It finally got too hot and he returned to the UK.

[blockhead]

Digressing as I occasionally do, but the topic is nearly related, ecstasy..speed..close enough ! were you aware of this Ari ?

<center></center>http://www.nzmotorsport.co.nz/content/newsarticle.cfm?pLive&id=5631

[Lawso]

quote:...should be interesting AGM on Tuesday
Ari: You, sharechat.co.nz and now the NZ Herald have all got it wrong. There is NO agm tomorrow. I've checked with the company; the agm will be in November.

[The Doctor]

quote:Originally posted by Lawso


quote:...should be interesting AGM on Tuesday
Ari: You, sharechat.co.nz and now the NZ Herald have all got it wrong. There is NO agm tomorrow. I've checked with the company; the agm will be in November.


well ask yourself...would you really want one on Tuesday?....wonder how long Ellis will be 'sinbinned' for?

[ari]

quote:Digressing as I occasionally do, but the topic is nearly related, ecstasy..speed..close enough ! were you aware of this Ari ?

Yes blockhead, I am aware and have been punching figs starting with $5000 entry fee and soon to put proposal together.

[toffee]

Another good day for CHA but can it continue? Interesting how the resignation of a big name from the board can drive the share price back to semi-respectability.

I picked some up this morning and will watch with interest tomorrow to see if the drive north continues.

[HarryFlashman]

I hope it's not too late to say that I admire Ellis for having the guts to stand up and take the rap without the pathetic whining and feeble excuses we had to endure from Henderson.

I don't understand why the warrants still languish at 0.1 when they would seem to have an intrinsic value of 2c. Can anyone enlighten me?

Cheers
Harry

[Dough Boy]

Apart from a former director being high on drugs.

What is the financials of this firms as it currently appears to have a capitialisation of $25m. Is that to say they project say sales of 25 litres of juice with a margin of 10c a litre for a future P.E. of 10, or is there just marketing hype to be had at the moment?

[barnsley bill]

quote:Originally posted by Dough Boy

Apart from a former director being high on drugs.

What is the financials of this firms as it currently appears to have a capitialisation of $25m. Is that to say they project say sales of 25 litres of juice with a margin of 10c a litre for a future P.E. of 10, or is there just marketing hype to be had at the moment?

For marketing hype you should also look at 42 below. similar marketing led "value proposition" and a director in common.
Both these companies were floated for the sort of people who rely on Money managers for investment advice

[barnsley bill]

quote:Originally posted by barnsley bill


quote:Originally posted by Dough Boy

Apart from a former director being high on drugs.

What is the financials of this firms as it currently appears to have a capitialisation of $25m. Is that to say they project say sales of 25 litres of juice with a margin of 10c a litre for a future P.E. of 10, or is there just marketing hype to be had at the moment?

For marketing hype you should also look at 42 below. similar marketing led "value proposition" and a director in common.
Both these companies were floated for the sort of people who rely on Money managers for investment advice

Of course saying all that is beside the point. What ever Marc Eliss's problems of the moment may be I buy the Juice because a. It tastes good and b. (despite Marcs protestations of not wanting to be a role model) i think Marc is a top kiwi who provides us all a good laugh whenever he enters our homes through the electric fish tank. So buy the stock and lots of it.... Despite the fact that Brent King is involved

[The Doctor]

quote:Originally posted by Dough Boy

Apart from a former director being high on drugs.

What is the financials of this firms as it currently appears to have a capitialisation of $25m. Is that to say they project say sales of 25 litres of juice with a margin of 10c a litre for a future P.E. of 10, or is there just marketing hype to be had at the moment?

Charlies owned up to a loss of $430,000 last financial yr and debt approaching $2mil....future earnings are blue sky projections dependent on many variables....well over priced and another 'scoop' for a fortunate few.

[Snow Leopard]

This article on stuff (http://www.stuff.co.nz/stuff/0,2106,3482028a13,00.html) is about a MAJOR sales and marketing initiative from this lot. To which it seems the share price has responded.
Surprised that there has been no announcement to the exchange.

[The Doctor]

an announcement of 'expenditure'....the market is saturated in juice,ftbelow's 'baby brother'...endless 'spin' and promises.!

[Contrarian]

Gidday
Buying PhoenixCHA
02/12/2005
ASSET

REL: 1758 HRS Charlie's Group Limited

ASSET: CHA: Charlie's Finds Its Perfect Match in Phoenix Organics

Premium beverage company Charlie's Group Limited today announced the group's
purchase of popular premium beverage maker and distributor Phoenix Organics
Limited, and associated companies, including all of its brands.

In a move Charlie's CEO Stefan Lepionka says will significantly augment
Charlie's current market capacity, Charlie's will take ownership of the 19
year-old company that has become one of New Zealand's most successful
beverage companies.

Phoenix Organics produces a range of organic juices and healthy sparkling
drinks that are well known as premium caf?avourites across the country.
Charlie's will now own these brands, plus acquire the company's west Auckland
manufacturing and warehousing facility.

On top of this, the Phoenix Organics deal gives Charlie's access to a robust
route distribution system catering to more than 3,500 premium, super premium
cafes and high end retail outlets.in New Zealand and Australia. Phoenix
Organics has in excess of 540 fridges in New Zealand and Australia.

Lepionka says the Phoenix Organics deal is the most significant move
Charlie's has made to date, but sits in line with the industry consolidation
plans the company outlined during listing procedures earlier in the year and
reconfirmed at its recent annual meeting of shareholders.

"We have been quite clear that our listing on the NZSX was in part to raise
capital for the right acquisition should it present itself," he says.

"Phoenix Organics is certainly that opportunity. Phoenix Organics and
Charlie's share similar business philosophies on product quality and
marketing, and the purchase fulfils our desire to acquire a material business
that complements our existing assets, grows our top line profitably and
enhances our current capacity in manufacturing and distribution."

Phoenix Organics head Chris Morrison is pleased the deal has gone ahead with
a like-minded company like Charlie's. Phoenix Organics has been growing at
28% per annum since 2002 said Morrison."

"We have built our business on honesty, integrity and credibility and in that
respect there is no better match than Charlie's," he says.

"We are confident that under new ownership, Phoenix Organics will continue to
grow its existing markets and pursue opportunities with the same commitment
to customers that we have always shown."

The purchase price for the acquisition under the respective agreements will
be satisfied by the payment, of $10 million in cash in two instalments. The
first instalment of $8 million is payable on 20 December 2005, and the second
payment of $2 million is payable on 28 February 2006.

Roger Gower, chairman of Charlie's, said "the payments would be met from the
Company's own resources, including calling the recently announced equity loan
facility, and an additional underwritten placement of $3.5m shares at a price
not less than 12.93 cents per share from selected third party private
investors, under the authority granted by shareholders at the annual meeting
on Wednesday."

Gower added "The Phoenix Organics group of companies was a compelling offer
and the purchase price reflects the strong and premium market position of the
company, its very strong growth profile and the nascent Australian business
which seems to have huge potential. The addition of the business to Charlie's
will add significant revenues and further market opportunities here and
abroad.

Charlie's intends to maintain the current Phoenix brands and operation in
their entirety, treating its own existing Not From Concentrate Juice and
Smoothy offering as a separate entity at this stage. Charlie's will keep all
the staff and management of Phoenix Organic

[Lawso]

First impression is that this seems like a sound move. And tonight during the One news hour we saw the first of the new "honest" theme commercials, featuring Ellis and an unidentified "cop" promoting Charlie's NFC tomato juice and spirulina. All signs that CHA is on the move and not confined to a limited product range in an already mature market. I sold out a few weeks ago but CHA is still worth keeping an eye on IMHO.

[seagull]

Agreed Lawso, Impressed with the organic growth rate plus a gradual leverage into Australia will probably occur. At the AGM one feels that they will keep the ball rolling until success or takeover eventuates.An exciting growth story that shareholders wanted.

[The Doctor]

quote:Originally posted by Seagull

Agreed Lawso, Impressed with the organic growth rate plus a gradual leverage into Australia will probably occur. At the AGM one feels that they will keep the ball rolling until success or takeover eventuates.An exciting growth story that shareholders wanted.


yeah right...oj to OZ,never mind 'coals to Newcastle'....Frucor will give them all the 'fight' they want domestically...already have smoothie range on the shelves.[xx(]

[Snow Leopard]

No comment on the half year, yesterday?
The are reckoning on at least breaking even for the full year.

[The Doctor]

I understand they have made a loss of $140,000 for 9mths...on T.O OF$8mil...hopeless even 5% of $ 8mil is $400,000...!!is that too much to expect...all the founders/promoters are enriched at exorbitant brand valuations and the rank and file get 'promises'...goin downtown!

[Toddy]

Nothing to add, this article says it all.


Marc Ellis silent on ferry mayhem claim
NBR staff
Corporate sweetheart, television performer and former sportsman Marc Ellis (34) refused to comment about his alleged involvement in late-night drunken mayhem on board the Waiheke Island ferry.

Mr Ellis was identified as being with a large group of men who disrupted two Sunday night sailings from Waiheke to Auckland on March 19.

Ferry operator Fullers general manager Michael Fitchett said two consecutive sailings of the Quickcat, at 8.15 p.m. and 10.15 p.m., were disrupted by "extremely bad behaviour" by drunken groups returning to Auckland.

Ferry crew identified Mr Ellis on the last boat with about 15 men wearing cricket whites with Southern CC and LoneStar logos.

Twenty of the group were on the 8.15 p.m. ferry.

"They trashed our boat and thought it was a great joke," Mr Fitchett said.
He said Fullers wanted to find those involved so they could be charged for the damage they caused.

He said Fullers did not call the police to meet the ferries, which in hindsight might not have been the best decision. He said the police would be called in future for any similar incidents. Fullers staff spent about 45 minutes cleaning up the mess between sailings.

According to Mr Fitchett the men in the group, who purported to be part of a social cricket club, discharged fire extinguishers into the engine room, broke the radar receiver on the top deck by swinging on it, opened gates on the aft deck and intimidated passengers with unruly behaviour including throwing rubbish bins across the cabins.

He said at least one member of the group went behind a bar counter and stole cookies while others smoked and drank their own alcohol, ignoring crew requests to stop.

"They were very drunk and caused havoc and hundreds of dollars worth of damage," Mr Fichett said.

He said the group were too drunk to be served alcohol. One man was spoiling for a fight.

When the radar was broken the ferry was virtually sailing blind in the dark and crew had to be placed on watch duties rather than attending to other passengers.

Mr Fitchett said it was not a dangerous situation but "very nasty and unpleasant. We were dealing with people acting in a sub-normal manner."

Asked by The National Business Review if he could throw any light on the claim he was identified as being with the unruly group Mr Ellis said: "Nope."
He did not respond when asked if he was present and hung up.

In a second phone call Mr Ellis said: "I just hung up, it's as simple as that...I mean, it's a game of Chinese whispers and I've got no time for it, goodbye again."

At the end of the second call and after saying "goodbye again" Mr Ellis's telephone remained switched on for some time.

He could be heard laughing with at least one other person, a female, and, among other things, was heard describing in detail an escapade involving people drinking tequila and vomiting out car windows.

Mr Ellis resigned from the board of juice company Charlies Group after his conviction in the Auckland district court last September for possessing the Class B drug ecstacy.

In 2003 the Commerce Commission warned Charlies [NZSX:CHA] over its freshness advertising and the implication its product - made in Australia and pasteurised - was New Zealand-made.

Mr Ellis described the commission's ruling as "pedantic" and "a "slap on the hand with a wet bus ticket."

Companies Office records showed Mr Ellis to be a director and shareholder of Juan Love, formed in 2004, and a new company called Preserve Piha, formed in March.

He was also shown as a shareholder in Charlies Group, Flight Technology and two MCG Marketing companies.
31-Mar-2006

[The Doctor]

well like 'Ridgey'...he can 'walk on water'...and he's now got a hellava lot of YOUR money to spend....since him and Stefan were 'bailed out' by the usual well over priced listing of a lossmaking coy...that continues to make losses....talk about a sure bet to fail!

[tim23]

Continuing to make lossses; give it a chance its only been listed about 12 months!!

[The Doctor]

as a pvt coy they 'owned up ' to over $400,000 loss and debt of $2mil....the projections upon listing were positive,the results negative...the worst is yet to come!

[Footsie]

You guys are all forgeting a few things.

CHA now have phoenix drinks, a great brand which is profitable and has good export sales to OZ.
Ellis now has nothing to do with this company, he may be a s/h but thats about it.
They have bolstered the board in the last few months with a number of highly regarded individuals.

Annual sales are now likely to be 23-24m with phoenix drinks included.
and the company is now making a profit and this will be realised in the next result. current market cap of $38m is reasonable. not cheap but fair value. compare that to 42 below with cap of 88m, sales of 20m and wont make a profit for at least another year!

not to mention they have no debt.

its certainly a better proposition than FTB

[Deev8]

quote:Originally posted by Footsie

Annual sales are now likely to be 23-24m with phoenix drinks included.
and the company is now making a profit and this will be realised in the next result. current market cap of $38m is reasonable. not cheap but fair value. compare that to 42 below with cap of 88m, sales of 20m and wont make a profit for at least another year!

not to mention they have no debt.

Just because almost anyone could identify worse prospects doesn't make Charlies fair value. Does anyone have an earnings forecast for the company to base the value judgment on?

[CJ]

quote:Originally posted by Footsie

Ellis now has nothing to do with this company, he may be a s/h but thats about it.

Are you sure. I thought he was still management. The demotion from Director was just for public appearances??

[Anna Naum]

Big volume for this stock today 3.5m Anyone hear anything?

[Toddy]

Yeah, someone called a MR M Ellis selling out.

[The Doctor]

is it called....'take the money and run'!!!!

[Footsie]

guess its a good time to buy then, as the s/p is fairly depressed.

[CJ]

quote:Originally posted by Footsie

guess its a good time to buy then, as the s/p is fairly depressed.


That is one way to look at it I guess.

The otehr would be that it is depressed for a reason!!!

[Footsie]

The forecast I have for CHA is FY06 npat of 0.5m

FY07 2.7m-3.5m based on a full years contribution from phoenix and improved margins from charlies itself

This would give them an EPS of circa 1.05c

I realistic P/e for CHA, assuming that can achieve that number would probably be aroun 20x

implying a price of 20c by August 07 (after FY07 result release)

[The Doctor]

'dream on dreamer' another B King 'creation'!

[seagull]

Footsie- those are the kind of forcasts that I am expecting as Charlie's is now in a strong growth period. Having access to bank finance for cashflow positive acquisitions is an important step.Very experienced board of directors in place now.:)

[Lizard]

Thanks for your analysis Footsie. I came up with $2-$2.5m FY NPAT for FY07 inclusive of goodwill amortisation on the Phoenix acquisition. But there is plenty of risk around that figure due to limited historical information and possible variations in fixed costs. There is also 15 months to wait until that figure is available - 9 months until an indicative half year, so should have some time to wait and watch.

A P/E of 20 may reflect their growth potential, but is on the high side for a small cap company which has yet to establish a clear record on earnings.

I value at 15cps, but with alot of risk around that, so I would prefer to wait for either a lower entry or a demonstration of reduced risk.

[foodee]

Lizard and Footsie, appreciate your thoughts.

I see the risks as relative rather than absolute. The co has a profitable income stream and little or no debt. If it is near its target than I think sp would appreciate accordingly.

cheers

disc: have become holder

[Greyhound]

Just out of curiosity,I happened to be in at Pak n Save yesterday,and noted there were 19 large bottles of Charlies juice on the shelf.I counted cause I knew I would be back with 'She that must be obeyed' this morning.There were 2 left.A good sign?

[Phaedrus]

CHA is in a downtrend. On Friday it clearly broke below a support level that had held for 8 months. How low will it go?
A good stock to be out of just now, in my opinion.
http://img.villagephotos.com/p/2006-2/1151662/CHA528001.gif

[trackers]

quote:Originally posted by Greyhound

Just out of curiosity,I happened to be in at Pak n Save yesterday,and noted there were 19 large bottles of Charlies juice on the shelf.I counted cause I knew I would be back with 'She that must be obeyed' this morning.There were 2 left.A good sign?


Yep, definitely a good sign! Good that they sold most of their stock, bad that it wasn't important enough to be restocked overnight :P

[winner69]

quote:Originally posted by Greyhound

Just out of curiosity,I happened to be in at Pak n Save yesterday,and noted there were 19 large bottles of Charlies juice on the shelf.I counted cause I knew I would be back with 'She that must be obeyed' this morning.There were 2 left.A good sign?


a good sign? .... as long as they are making money on each bottle ... seeing those greedy supermarket owners don't give anything away

[foodee]

AaaaHHHHHHHHHHHHHH, shot down again!

Thanks for the chart P.

[Footsie]

Thanks Phaedrus.

There appears to be a large overhang in the market at the moment. its likely to be friends of gower asset management exiting after he sold out and left the board.

probably around 5m shares id say.

i personally believe the stock will fall as low as 10c (the low of the past year.)

however at 10c the line of stock out there should be cleared. I would personally put my hand up for a mill at 10c . at that price the company only has a cap of 28m. the two brands are worth far more than that to coke or frucor.

i'd suspect the stock to rally strongly after the full year result.

Actually today I bought a mini feijoa smootie, which tastes delicious by the way, from a phoenix "branded" fridge. this is all part of cha rolling out the mini juices along side phoenix in the more profitable route trade.

Also look for them to announce the start of productio for the RTD JV within the next few months

[Footsie]

CHA expects to be break even at EBITDA with a small NPAT loss.
http://stocknessmonster.com/news-item?S=CHA&E=NZSE&N=133638
neither here nor there really.

will be interesting to see what the result commentary is.

Jury is still out on this one.

Hence the 10.8c s/p.

Still at b/e with no debt and 2 excellent brands, probably a good speculative buy for m/cap of 30m

but as phaedrus would say, would for the trend to change

[Snow Leopard]

I doubt that my recent complaint to Charlie's about the leaks where the plastic cap meets the carton is the reason for the recent accelerated decline, but what is?
Perhaps the big chains are squeezing them too hard.

[biker]

All on very small volume.
Possibly a small nevous reaction to two high profile directors moving on.
I wont be surprised to see the price drift a bit aimlessly until the mid August announcement.

[The Doctor]

an absolute 'LEMON'..will never provide a reasonable return...paid top dollar for all their brands...intense competition...will not meet targets.

[Happy Camper]

I might have to get me some more of this Charlie. I sense the overhang has largely been quenched.

Cheers

[Footsie]

I think CHA has probably bottomed.
After the result all the shareholders will be free to purchase ie collins asset management who topped up their holdings 3 months ago at 13.5 are likely to swoop in a pick up some cheap shares

nothing has fundamentally changed. still virtually break.even

Notice there are a few large bids appearing on the screen now.
not much selling back up to 10.5

i myself am on for a few at 9c

[The Doctor]

quote:Originally posted by Footsie

I think CHA has probably bottomed.
After the result all the shareholders will be free to purchase ie collins asset management who topped up their holdings 3 months ago at 13.5 are likely to swoop in a pick up some cheap shares

nothing has fundamentally changed. still virtually break.even

Notice there are a few large bids appearing on the screen now.
not much selling back up to 10.5

i myself am on for a few at 9c

did you manage to pick up your MILLION at 10?:D

[Lizard]

Looks like you might have picked that well Footsie. Share price looking a bit stronger the last few days.

[biker]

quote:Originally posted by Phaedrus

CHA is in a downtrend. On Friday it clearly broke below a support level that had held for 8 months. How low will it go?
A good stock to be out of just now, in my opinion.
http://img.villagephotos.com/p/2006-2/1151662/CHA528001.gif


With the extention of this graph to today and with buyers at 11.5c, the down trend is very close to being broken.Is this then very close to a TA signal to buy?

[Flying Goat]

[quote]Originally posted by biker
[With the extention of this graph to today and with buyers at 11.5c, the down trend is very close to being broken.Is this then very close to a TA signal to buy?[quote]




Fundamentals also improving recently:

a) Phoenix is a very storng company, been around for a couple of decades, run by people who are passionate about and good at what they do, and has been on a strong growth trajectory for a while now, with 3,500 fridges around NZ and beyond (high end cafes in particular where they saw that cafe goers wanted to drink something OTHER THAN a Cocacola branded product). I would suspect there are real synergies with the joining of the two, no least that the Phoenix team can teach the Charlies muppets a thing or two about making seriuosly good juice.

b) Roger Gower is no longer on the board, this is good becuase his involvement seems synonomous with business failure of late.

c) Diane Foreman is now on the board, and based on her (and her husband's) track record and experience will be in a good position to make a positive and constructive contribution to the company's direction, which one would hope might lead to profitability by FY07

d) Have you tried the new flavours yet? They are winners and moving like hot cakes whenever I pop down to the local Foodtown...!


Cheers
FG

Disc: Got in recently at 9 cents, after learning about board tidy-up

Disc: Did a Uni project on Phoenix Organics a couple of years ago, don't under estimate the brand... fast becoming NZ icon.

[foodee]

FG
Well done.
Have top up in the mid 9 - don't tell P-he will shoot me again.
CHA has positive income stream & little or no debt-pretty good fundamentals. Once dividend come on stream the sp will head north steadily!

Cheers

[Footsie]

Hey i called it

Dont listen to the DOCTOR

well done those who had faith and bought on the weakness

[Phaedrus]

Foodee, I would be growling at you had you bought this (or any other stock) when it was in a clear downtrend. As it is, CHA has fired off several recent Buy signals :-

(1) Trendline break.
(2) Break above previous resistance at 9.5 cents.
(3) Break above trailing short stop.
(4) Directional Movement Indicator (40 day) crossover Buy signal.

Foodee, as Dame Edna puts it, any criticism of your actions is only meant in the kindest possible way. I'm just glad that my pedantry and petty fault finding hasn't crushed your indomitable spirit.
http://img.photobucket.com/albums/v418/789456/CHA828002.gif

[The Doctor]

just ignore the fact they're LOSING MONEY'...did NOT meet targets...onya!...this coy was the classic 'go bankrupt or go public'![:o)]

[Snow Leopard]

quote:Originally posted by The Doctor

just ignore the fact they're LOSING MONEY'...did NOT meet targets...onya!...this coy was the classic 'go bankrupt or go public'![:o)]

I must say Doc that you seem to devote your time to bad-mouthing any company that sells drinks. Charlies, 42Below and I am sure I remember seeing your negativity on the Just Water thread as well.

You must be getting pretty desiccated by now :D

[foodee]

Phaedrus
Thanks for the chart and your words of soundness.
The 'spirit' is strong and life would be meaningless without it anyway.

Cheers

[The Doctor]

quote:Originally posted by Paper Tiger


quote:Originally posted by The Doctor

just ignore the fact they're LOSING MONEY'...did NOT meet targets...onya!...this coy was the classic 'go bankrupt or go public'![:o)]

I must say Doc that you seem to devote your time to bad-mouthing any company that sells drinks. Charlies, 42Below and I am sure I remember seeing your negativity on the Just Water thread as well.

You must be getting pretty desiccated by now :D

just 'coincidence!'....when I see a rerun of the 1980's ...penny dreadfull coy's listing with very poor prospects ...I can't help commenting!:D

[Snow Leopard]

Heh SpoonFed, why don't we take out the rest of the costs as well? Look at that 100% margin. Like Wow Man [:0].

[barnsley bill]

quote:Originally posted by Paper Tiger

Heh SpoonFed, why don't we take out the rest of the costs as well? Look at that 100% margin. Like Wow Man [:0].


:D:D:D

I think spoonman needs to rethink his comments.
Personally I like charlies, both the shares and product.
Marc Ellis is an enormous brand in his own right and the phoenix tie up was brilliant.
The only dark cloud from my viewpoint is the tie up with FTB.
CHA just need to stick to their knitting which is distribution and marketing of a great product portfolio.

[Snow Leopard]

I see the company jester is back (http://stocknessmonster.com/news-item?S=CHA&E=NZSE&N=136877)

[barnsley bill]

great news, it was poor him haveing to suffer double jeapordy

[whatsup]

Youve got to be joking MA a "assert" in what field ---snorting?

[Greyhound]

Ellis is a ******** of the highest order.However,he did have the forsight to start Charlies so would've learned heaps and as they say,any publicity is good publicity.I have no problem with his return,though I see no mention was made of his previous board history in the press release.

[biker]

Marc Ellis ends exile from Charlie's board
15 September 2006
By DAVID HARGREAVES

Television celebrity Marc Ellis is ending a year-long self-imposed exile from the board of Charlie's, the juice company he co-founded.


The former All Black and rugby league player resigned from the board in August last year after pleading guilty to possession of the drug ecstasy. After his court appearance, Mr Ellis had said: "I made an error of judgment on an evening, for which I am paying the price and I am genuinely sorry."

Mr Ellis withdrew a nomination to be re-elected to the board at the annual meeting last November, saying new business opportunities meant he would be spending too much time overseas.

But a statement from Charlie's yesterday said the company was "delighted" to announce that Mr Ellis had agreed to join the board, effective immediately.

Chief executive Stefan Lepionka, who set up the company with Mr Ellis in 1999, said "a lot of exciting opportunities" lay ahead. "I'm very much looking forward to (Mr Ellis') ongoing support and involvement in the delivery of our global brand strategy."

Mr Ellis owns about 16 per cent of Charlie's. Its shares were trading at 10.3c yesterday, down 0.1c.






IMHO in 12 months time 10.3c may have had that look of a bargain about it.I'm into this home-grown growth company at these levels.
Also a good oportunity for Marc Ellis to eventually prove himself and his effectiveness in the business world.
Go Charlies.

[ratkin]

Why is the juice so expensive? over 3.00 for a litre. Plus why is the packaging so boring, just white boxes.
How people can compare this company with Frucor i beyond me. They had a killer product V that was the right product at the right time All charlies got is juice

[warthog]

quote:Originally posted by ratkin

Why is the juice so expensive? over 3.00 for a litre. Plus why is the packaging so boring, just white boxes.
How people can compare this company with Frucor i beyond me. They had a killer product V that was the right product at the right time All charlies got is juice


Hey, they have Marc Ellis.

Oh, were you talking about assets or liabilities? ;)

[The Doctor]

'global' aspirations!!!?....**** on.[:o)]

[ratkin]

The organics side does export to a number of countries, although fairly small scale

[shasta]

Isn't Charlies hellbent on growing sales as a precursor for a takeover?

It's size is too small at the moment, but surely this is being "dressed up" for a bigger rival?

Disc: Nil CHA

[Footsie]

cha has phoenix...which is the key

EBITDA margin 21% and growing at 20% p.a

Sooner or later coke or frucor will want this label

[barnsley bill]

quote:Originally posted by Footsie

cha has phoenix...which is the key

EBITDA margin 21% and growing at 20% p.a

Sooner or later coke or frucor will want this label

BINGO...
And coke are in juice already. Next time you are at the supermarket (assuming the commie blockade has not emptied the shelves completely) have a look at Keri juice and see who owns it..
They are definately going to get <s>taken out </s> bought if they keep growing.

[ratkin]

I have had a good look at this pheonix organics and i have to say they look a good outfit.
Found several british organics outlets with an online presense who were raving about pheonix products which they imported to their shops.
Clearly a decent niche market out there for their products, and the fact they have already been around for a number of years bodes well for their future.
Found plenty of positives in my search, enough to persuade me to pick up some charlies at an average of around 10.6 over the last few days

[ratkin]

I am suprised nobody has mentioned the sale of simply squeezed last week.
The sale valued the company at 41 million

This puts charlies in a very favourable light. Charlies combined with pheonix has a larger market share than simply squeezed yet is only capitalised at 25 million.

Stefan Lepionka said he was surprised at the price paid by Crescent Capital. "It gives us confidence that we can achieve our greater goals

On this evidence it looks like Charlies is fairly cheap at current prices

[The Doctor]

the glaring difference...Simply Squeezed....MAKES MONEY!..CHA doesn't...the same 'logic' re FTB seems to apply with holders in this coy...'waiting to be bought out'!![xx(]

[marinesalvor]

well - somethings up with FTB Doc - maybe even this morning

[marinesalvor]

Doc calls it again!!!

[Greyhound]

Share price on the charge.[:0]:)

[biker]

quote:Originally posted by Greyhound

Share price on the charge.[:0]:)


Bacardi will own 4.7% of Charlies.What they want to do with that will be interesting,as will how much of the FTB returned capital ends up going into CHA.
Go Charlies.

[ratkin]

Dont you just love it when timing is perfect

[ratkin]

What does this takeover of 42 below actually do for charlies though??

Share price up 11% 42 below hold nearly 5% of charlies, but this only amounts to around 1 million, chicken feed for this bicardi outfit. They in the spirit buisness , are they going to want to be bothered with a few orange juice shares?

[biker]

FTB hold 12,621,810 CHA shares which they paid 13cps for.$1,632,000.
Hopefully Bacardi will see some future value and hang in there.

[Footsie]

Distribution friends

Barcardi will be talking to CHA for sure......... its in their interests...


Get long at these levels while you can:D

[COLIN]

quote:Originally posted by The Doctor

the glaring difference...Simply Squeezed....MAKES MONEY!..CHA doesn't...the same 'logic' re FTB seems to apply with holders in this coy...'waiting to be bought out'!![xx(]

Crikey, how embarrassing for you!

The FT Index: In the space of a few days FTX goes down the gurgler and FTB heads for the stars.

[The Doctor]

as has been pointed out...who really gets the 'cream' when penny dreadfuls get 'lucky'!

[marinesalvor]

sounds like sour grapes now doc

[seagull]

Quiet acumulation occuring here. Annual Report should be close. Looks like Charlies is being re-rated.

[ratkin]

suddenly nobody wants to sell

big spread 12.8 - 14.6

[biker]

quote:Originally posted by ratkin

suddenly nobody wants to sell

big spread 12.8 - 14.6


I wonder why ;)

[port hills]

quote:Originally posted by biker


quote:Originally posted by ratkin

suddenly nobody wants to sell

big spread 12.8 - 14.6


I wonder why ;)



Maybe holders are hopeing that Bacardi wants to make a screwdriver. :D

[biker]

Still only back to what Collins asset management paid for their 19.9% and FTB for their 4.7%.
Obviously a few investors with a lot more capital than me see more value in CHA than this, at some stage.I'm still accumulating a few.
The TA chart must be looking quite good also.

[ratkin]

Volume of buyers seems to be increasing

[Phaedrus]

Biker, Here is an update of the chart that got bumped from page 4 of this thread.

http://h1.ripway.com/Phaedrus/CHA929001.gif

[biker]

Thanks Phaedrus.

[Lawso]

Bought some Charlies Honest OJ the other day. It was on special though still dearer than its competitors. Tastes great. But how many realise it is made in Oz from Ozzie fruit? HONEST!

[foodee]

Thanks Phaed
Nice to be on the right tack.

cheers

[ratkin]

My wife loves charlies juice, tastes like real orange juice with all the pulp still in it.
Seems to always win the annual juice awards

I dont really like the white packaging though, we usually have an orange and a grapefruit one in the fridge, it impossible o tell the difference between them without pulling them out of the fridge to read the label.
Orange for orange and yellow for grapefruit would seem more appropriate.

The price seems to be rising for several reasons

1) The price paid by that ozzie outfit for a stake in simply squeezed

2) 42 Below coming good, giving hope that the well branded product will shine through in the end

3) Bicardi holding some shares

4) The charts, giving off buy signals

5) General feeling stock was oversold

6) plenty of freed up money looking for investment

[ratkin]

Anybody sense an announcement on the way?

[ratkin]

That was a reasonable sized trade , just at the final whistle today

[Footsie]

Doctor et al.....

Not one to boast ! AHhem
but i refer you to my post in July

".......I think CHA has probably bottomed.
After the result all the shareholders will be free to purchase ie collins asset management who topped up their holdings 3 months ago at 13.5 are likely to swoop in a pick up some cheap shares
nothing has fundamentally changed. still virtually break.even

Notice there are a few large bids appearing on the screen now.
not much selling back up to 10.5

i myself am on for a few at 9c ............"

[ratkin]

Since buying some of these i have been taking a strong interest in pheonix organics.
They seem to have fridges everywhere , im really suprised at the coverage they have, so impressed have i been that i have bought more charlies due to the potential of pheonix.

I went to beckenham library, they have a cafe, the fridge is a pheonix dedicated fridge, apparantly all the new breed of librarys have them.
Yesterday i went to my local coffee shop, again the fridge is a pheonix one. On my street a new organic griocers has opened, again a pheonix fridge.

I have started drinking the lemon lime and bitter fizzy drink, brilliant. Whats more they are selling for 3.50 must be healthy profit in those.
The supermarkets also sell pheonix but they dont seem to moe very fast there, but in the cafes around the place they seem to have a healthy turnover.

With all the talk about NZ becoming green and sustainable anything linked to organics has to be good

[biker]

I have noticed the number of fridges too ratkin.They do seem to be everywhere,but as a new shareholder it is a recently developed interest and is it like buying a car - few models like yours on the road,then when you buy one it seems everyone is driving one.
Hard to get a handle on actual phoenix volume but if CHA can achieve something close to their apparently fairly ambitious targets the resulting share price should be pretty to watch.
Go Charlies.

[Placebo]

Biker I suspect Ratkin is suffering a bout of what is known as `Red Car Syndrome'. But it is an interesting observation on the Phoenix range. The cafes in Wellington do seem to favour it... And it is a nice wee brew.

A woman came on Dragons Den the other night flogging organic iced tea, one of the `Dragons' pointed out to her that the key to moving product was having your own fridges, and Phoenix seem to have this angle well covered.

[ratkin]

Its true, i had never even heard of them until i looked into charlies.
In christchurch they are everywhere , well if you frequent library cafes and coffee bars they are, countdown has lots too alongside the charlies

[Paddy]

Burger Fuel is their biggest retailer

[ratkin]

Whats happening? must be something good

[Footsie]

Wait till summer....

half year result should show a modest profit ......

then.......:D:D:D

Say they made a modest $1m for the full year. which would give them a PE of 28
$2m and hang on thats only 14

What p/e should a growth company in a hot sector trade on?

fast forward to next year..... IMHO an p/e of 35-40 would be appropriate with a FY08 forecast p/e of circa 20x

last chance to get on board.

[ratkin]

Maybe it was the mention of a profit in in the NBR on friday that caused the price jump, either that or the 42 below news.

My only concern is the effect the strike on the supermarkets may of had. There were some empty shelves there for a while.
Wouldnt be suprised to see it trotted out as an excuse should they not make a profit.

It the performance of Pheonix im most interested tn

[Nevl]

sorry should have used this thread but another nice jump in the Charlies price today and good volume. Still have not seen the NBR article but something has kicked off Charlies

[ratkin]

Someone knows something thats for sure, i have watched the pattern of buying over the last week, expect something good to happen soon.
Those in the know are prepared to jump in at 16 , indicates price to be heading north shortly.

[Footsie]

i think its an insto accumulating a position..... stinks of that kind of run the price.... pull off then run it again.

[biker]

A toe in the water for the likes of Fisher funds would be a nice vote of confidence.

Go Charlies.

[Greyhound]

quote:Originally posted by ratkin



My only concern is the effect the strike on the supermarkets may of had. There were some empty shelves there for a while.





Can't see that having much effect on sales,people still had to buy their groceries.

[Bob Marley]

Hey Mon

My guess mon is the share price has risen soley due to Barcardi/42 Below takeover - the Charlie's share price starting really rising from that day mon - and people hoping Barcardi will do something with 42 Below's 4.5% stake in Charlie's. Surely mon Barcardi won't be interested in something that hasn't got alcohol in it mon - Bob surely isn't.

The current market cap of Charlie's at $45m mon surely is over-hyped now mon considering it acquired Pheonix for $10m in Dec 05 mon and Pheonix represents over 50% of Charlie's Group mon and is the profitable brand. Either they got a steal with Pheonix or share price overhyped mon.

"...I don't like just juice mon.... I love it..."

[Nevl]

someone just sold/brought 12mill shares at 13.4cps. MAybe there is a player. Simply Squeezed was so for a similar price and Charlies is in a stronger position with better prospects

[Placebo]

Funnily enough, that is roughly the number of shares held by 42 Below (12.6m or 4.4% of the company). Is this just below the threshold needed to justify a significant shareholder notice?

Or am I adding 1 + 1 to get 11?

[biker]

It's not roughly the number,it's exactly the number. So FTB/Bacardi are out,who's in?

[Nevl]

not me.

[Greyhound]

I'm watching with great interest.If Barcardi baled,seems odd that the sales were two and not one...

[biker]

The Bacardi stake was one block of 12,621,810 shares, traded at 9.19 this morning.

[Greyhound]

Cheers.The 'Intraday Chart at Direct indicates 2 largeish trades,and as I haven't been active for 3 months I can't access the 'Depth' (section,which in itself is a stupid rule.)

[Placebo]

Thanks Biker. So I can do maths after all :D

So Bacardi aren't interested in a juice/soft drinks company. The good news, there's a buyer. Wonder who it is?

[Greyhound]

It'sssssssss TONY KERRIDGE

[biker]

CHA
09/11/2006
GENERAL

REL: 1141 HRS Charlie's Group Limited

GENERAL: CHA: Success Breeds Success for Charlie's

09 November 2006

Success Breeds Success for Charlie's

Well known Wellington business man, Tony Kerridge has today purchased a 4.4%
shareholding in Charlie's Group Limited ("Charlie's") from 42 Below Limited.

Mr Kerridge recently sold his investment in the well known specialty coffee
group Caffe L'affare to international food and beverages group, Cerebos
Greggs Limited.

"I have followed the Charlie's story for some time and have been very
impressed with the company's market penetration, brands and unique marketing.
I am very keen to actively invest in New Zealand success stories and the
Charlie's and Phoenix brands are an excellent opportunity for me."

Charlie's Chief Executive, Stefan Lepionka is delighted to welcome Tony
Kerridge as a Shareholder.

"Tony is a very experienced businessman and marketer with a clear
understanding of the premium beverage market. He has been hugely successful
in developing a highly respected New Zealand beverage business and brand and
we look forward to his ongoing support and contribution."

42 Below Chief Vodka Bloke Geoff Ross said the sale of the Charlie's
shareholding reflected his company's focus on the premium alcoholic beverage
market.

"We have a huge respect for Charlie's, its management team and their growth
opportunities and will watch their future with interest and wish them every
success".

For further information...

Please contact Stefan Lepionka 0275 783 326.


Go Charlies.

[Greyhound]

Market likes the transfer,up to 16c...:)

[ratkin]

Judging by last few days buying, a few knew of this for a while.

Good thumbs up for the brand that someone wih Kerridges expertise wants to be on board, much better than having some insto buying in.
Im sure Pheonix brand would of helped him make up his mind, they the real value in the charlies outfit.

[ratkin]

Would not be suprised to see charlies over .25c within the year, possible higher

This buyer has obviously had a good look at the books before commiting his cash.

Many people dont like investing in a stock until it makes a profit (strange people !!) A profit for charlies is not too far away now, and once it does it will be more widely accepted. Lets be honest lol that drugs buisness has depressed the shareprice ever since, even though it had nothing to do with them

[The Doctor]

lets be 'honest'..CHA is not profitable..and Bacardi did not want to know about this 'penny dreadful' when they hope to grow a nearly 3 mil loss making coy-42b as part of their international portfolio.'Growth for growths sake'...well done GR...used cheap s/h funding,clever ad campaign...lost money hand over foot' and still won!S/hOLDERS IN 42 B would have done as well at bank interest in the time frame.Sour grapes'...'stunned' more like!..a brand ,easily replicated bought for ridiculous money on the back of U.S publicity.CHA is a LEMON'..a competitive mkt,NO EXPORT prospects..will be a perennial under performer a la 'Mr Chips'!:(

[KJ]

Hey Doc-sounds like sour grapes-sounds like you missed out on making some money with 42 Below.

CHA looks good to me.Plenty of businesses do not make money when they start out but if you want to make a bit of dosh get into this one.

[COLIN]

I am a conservative investor, quite long in the tooth, and tend to be wary of "upstarts" of the type of CHA. However, I took the plunge a few weeks ago and feel good about my decision.
Doc - take some Phoenix Organic Ginger Beer - it'll do you a power of good - cure your dyspepsia - great stuff!

[KJ]

Colin-like you I have bought in recently.I like the look of the Directors/Mgt.All seem to have something to offer a coy like this & in the main have appropriate business experience.

The coy seems focused on premium healthy beverages & are likely to look at more acquisitions.

[ratkin]

I see these as a fairly safe investment, not as risky as the low share price and lack of profit imply. Helps being in at 10c though:)

[warthog]

quote:Originally posted by KJ

Hey Doc-sounds like sour grapes-sounds like you missed out on making some money with 42 Below.


Compared with the risk-free rate of return for the same period, 42 Below looks pretty shabby.

disc: never owned FTB and completely comfortable with that decision even in light of recent events.

[KJ]

Perfectly happy with the return I made with 42Below-you are welcome to your opinion.

[ratkin]

AGM in two weeks, sure to be upbeat and positive , could be last chance for people to enter at a cheap price

[ericlin10]

Any one agree with ratin

[Paddy]

I have to agree that Tony Kerridge getting in is a vote of confidence, but I do share the concerns of The Doctor over CHA opportunities for growth - particularly exports

[Footsie]

Patience Grasshopper.

Give them time..... only had pheonix for 12 months!

25c by end of summer.

[lager]

They are around 17 cents today. Hmm, 25cents by end of summer. Interesting thoughts.

[ratkin]

18.5 already , i was expecting the price to stop for a rest at 17c.
Must be good news at the forthcoming AGM

[lager]

It's hard to predict, I am thinking of getting some shares in this but still weighing up the pros/cons.

[ratkin]

The con is that you have taken to long to decide, the train has left the station

[ratkin]

having said that , you may be able to pick some up for 17c later in the day, they often seem to pull back later on in the session

[lager]

Yes, true, should have got it when it was around 12 cents.

[KJ]

quote:Originally posted by lager

It's hard to predict, I am thinking of getting some shares in this but still weighing up the pros/cons.


From someone else:
"We never know what price is really low,nor what price is really high.We can however have a modest chance at knowing what the trend is and acting on that trend".

[Footsie]

trend is your friend little one

[ratkin]

Any of you going to the AGM at the rose garden?

[Footsie]

i;d love to but its always hard to get out of the office for such things....

busy time of year too...


everywhere i go, i see ppl drinking CHA product...must be the season
i look forward to the half yr results... in fact we should getg a trading update at the AGM

[ratkin]

Im predicting they are going to increase there exposure in the coffee house area, margins must be better than from selling in supermarkets.
The new dude who recently bought the share from 42 below will be perfect for the task.

Pheonix is what interests the most, they seem to be everywhere now with the greenie brigade happy to pay three or four bucks a bottle.

Am expecting an update, just hope the supermarket strike didnt hit sales too much

[ratkin]

Results of AGM two items of significance from the addresses

1) I am pleased to
say that sales and earnings for the first four months of this financial year,
under both the Charlie's and Phoenix Organics brands, are significantly
higher than for the previous corresponding period.

2)I am also pleased to announce today that the Board has signed off several
capital expenditure projects for re-investment in our manufacturing,
warehousing and distribution facility in Henderson. This will allow for the
introduction of new equipment and improved warehousing facilities, which will
improve operational efficiencies and cost savings significantly.

So sales and earnings are up significantly , that has to be good.
Expenditure on updating factory probably not so good

[ratkin]

Having had a chance to dissect the announcement there are two other items of interest/intrigue

1)It sounds as though they are planning to expand into alcoholic drinks, maybe some sort of mixed drink that involves their juice

2) There was no mention of the chap who bought all the 42 below shares

[Greyhound]

Have you been buying up this arvo RATKIN ?
Nice healthy volumes....:)

[Flying Goat]

quote:Originally posted by Greyhound

Have you been buying up this arvo RATKIN ?
Nice healthy volumes....:)




Could somebody please slap me for buying this stock at 9 cents and THEN selling it at 11 cents a few months ago...! Bummer.

FG

[Greyhound]

Been there..done that...:(

[Footsie]

this stock is going to push 20c

"results to date are substantially ahead of last year"

Toot Toot !!!:D

Jump on board, RTD venture looks like it could be gem

[biker]

The Chairman Ted Van Arkel bought 900000 at 17.4c yesterday.
That cant be a bad sign.
$156600 is surely more than just a gesture.

Go Charlies.

[ratkin]

quote:
At its annual meeting in Auckland yesterday, Charlie's confirmed it has a proposal with an alcoholic beverages company and is also looking at prospects to increase exports.

Chairman Ted Van Arkel said after the meeting he hoped to announce developments before Charlie's issued its interim results for the year to December 30 at the end of February.

Chief executive Stefan Lepionka said Charlie's had "researched, tested and pitched" an idea for moving into alcoholic beverages and was waiting to hear back from a third party.

The unnamed party had interests in New Zealand and overseas, but he declined to specify which category it was in - the beer, wine, spirits or ready-to-drink segment of the market.

Who could this mystery partner be ?

[ratkin]

quote:The Chairman Ted Van Arkel bought 900000 at 17.4c yesterday.
That cant be a bad sign.
$156600 is surely more than just a gesture.

Go Charlies.

He not the only one Cook bought 200,000 as well for 36,000 which is about 18c a share.
There are good things happening behind the scenes thats for sure

[moimoi]

could it be bacardi???

[Greyhound]

quote:Originally posted by moimoi

could it be bacardi???

Nah,doubt it. But alcahol....Hmmmmmmmmmmmmm...I see Marc Ellis fronting all ads...this will keep production costs down.

[spector]

quote:Originally posted by Flying Goat


quote:Originally posted by Greyhound

Have you been buying up this arvo RATKIN ?
Nice healthy volumes....:)




Could somebody please slap me for buying this stock at 9 cents and THEN selling it at 11 cents a few months ago...! Bummer.

FG


Ha! I did the same thing FG, but bought back in when the La Farree guy bought in and I think there's plenty of growth yet particularly with the Phoenix brand and their 'fridge program'. At the moment the fridges in supermarkets/garages/cafes etc are all owned by distributors. There used to be only two, Coke and Frucor, but now Charlies and Red Bull are putting their own fridges next to them which will lead to a natural rise in volumes sold. I've now got a quarter of my portfolio in CHA.

[ratkin]

Another director just bought a big chunk

[Greyhound]

Lots of upside here folks:D:D:D

[biker]

CHA
30/11/2006
RELINT

REL: 1620 HRS Charlie's Group Limited

RELINT: CHA: Disclosure of Directors and Officers Relevant Interests

A. Disclosure obligation: Ongoing disclosure

B. Preliminary
1. Name: D. Foreman
2. NZX company code of issuer: CHA
Name of issuer: Charlie's Group Limited
3. Name of related body corporate (if applicable): N/A
4. Position you hold in the issuer: Director
5. Date of this disclosure notice: 30 November 2006

C. Nature of relevant interest
6. Name of registered holder(s) of security: Emerald Group Holdings Limited
7. Class and type of security: Ordinary shares
8. Nature of relevant interest in security: Registered holder and Beneficial
owner

E. Transaction
10. Date of last disclosure: N/A
11. Date(s) of acquisition(s) or disposal(s): 30 November 2006
12. Number of transactions: 1
13. Nature or type of transaction: Off market transaction
14. Consideration: $181,000.00 15. Number of securities held prior, set out by class and type: 0 Shares
16. Number of securities subject to acquisition or disposal: 1,000,000 shares
acquired

F. Extent of relevant interest
17. Number of securities held now, set out by class and type: 1,000,000
shares acquired

Great to see Dianne Foreman jumping in at 18.1 cps.She bought these at market open this morning and had to pay a little more than the Chairman. Chicken feed to her I know, but a lovely little vote of confidence.



:)Go Charlies

[The Doctor]

A 'PENNEY DREADFUL'..using the usual 'names' to ramp an underperforming share..that has intense competition...and is riding on the back of the GR 42below ..'payday'...unbelievable!...whats the ..P.E?

[biker]

Under performing? The share price has risen over 60% in the eight weeks since your last post!Love to see one of your performing shares.

[Footsie]

when is your payday doctor?[:p]

[KJ]

quote:Originally posted by The Doctor

A 'PENNEY DREADFUL'..using the usual 'names' to ramp an underperforming share..that has intense competition...and is riding on the back of the GR 42below ..'payday'...unbelievable!...whats the ..P.E?


Doc-not sure what your motives are for being in the market-if in fact you are an investor or trader.

If you were smart you could have made money from 42B.
If you were smart you could have made money from CHA.

Perhaps your motives are different?

[ratkin]

Up , up and away. 19C and climbing

[foodee]

Just caught with the thread after 2 months away. Nice to see the SP did not disappoint.:D

[ratkin]

Did anyone see Brian Gaynor talking about this company on asb buisness the other day?

He was fairly positive , one thing he said wasnt quite right though , he implied that charlies was only way ahead of last years earnings because it had bought pheonix which didnt show up on last years accounts.
He didnt read the agm statement properly What it said was


quote:1) I am pleased to
say that sales and earnings for the first four months of this financial year,
under both the Charlie's and Phoenix Organics brands, are significantly
higher than for the previous corresponding period.

This means that charlies on its own is performing much better and so is pheonix on its own , so they are both earning more than last year

[Underlord]

Hello people

This is my first post I have been watching for some time now and think that this is a great forum so I hope I don't make a hash of it.
I have been watching CHA's now since its conception they have no dept have the backing of a major bank, will make a profit next year. In three years the have come a long way and have some exciting anouncements and products to come this share is starting to reflect the work that has gone into it and I have a feeling its going to continue. I have jumped on and am looking forward to the ride:D:D:D

OL

[Greyhound]

Good onya.I too am enjoying this run.$$$$$:D

[ratkin]

Can it crack the 20c though. Going to be a battle at 20c , could take good news to blast though that natural resistance point.
Once through then no more 19.1 19.5 going be 21 22 23 24 25 :)

[Underlord]

Yes I would have to agree Ratkin, getting into alcoholic drinks[:p] and making a profit next year should push things along a bit:D

[Underlord]

well has hit the 20c mark today interesting times

[spector]

Yep, been another good week for us and I think once it gets to 21 we'll see alot more movement - hopefully I can get my money out of FTB first :)

[spector]

Actually Doc, if you could post some more rants to try and keep the price down for a few more days that would be greatly appreciated.

[BRICKS]

WHEN looking for KIWI suckers to push the price up so you lot can get OUT is a very hard exercise it would be better to push the better side of the company that is if it has ONE.. [8D]

[Underlord]

I guess time will answer all, I for one have no wish to get out

[spector]

quote:Originally posted by BRICKS

WHEN looking for KIWI suckers to push the price up so you lot can get OUT is a very hard exercise it would be better to push the better side of the company that is if it has ONE.. [8D]


Good job BRICKS, keep it up:)

[Greyhound]

My gut feeling (which has a fifty/fifty record) is that this baby will continue to rise.Wouldn't be surprised to see it mid 30s within 6 months.

[ratkin]

dec/jan/feb can only bring good news. Can see little downside in buying now and waiting for the good stuff to happen

[spaceconquerer]

Does anybody consider it a possibility that the Charlies products will be introduced into Diane Foremans NZ Natural outlets? Would it have much of an impact?

The number of outlets are growing rapidly by all accounts, and it could give the products further exposure overseas.

[Underlord]

Having Diane Foreman as a director has to be good for CHA she has certainly done alot with NZ Natural. As for introducing CHA products into NZ Natural outlets not sure might be a conflict of interest there. She will certainly add value with her exporting knowledge

[Placebo]

Was interested to see in my local supermarket that Phoenix's range of drinks is contained in the `organic products' aisle.

While organics is a small niche, it is nevertheless growing and one where there is considerable scope -- and it commands a premium price :D

[Placebo]

...and on that note, I have made a small investment :)

[Morpheus]

I think the news that full-sugar fizzy and energy drinks are to be removed from schools should be positive for CHA. Voluntary regulation sometimes has a sea saw effect and I'd expect a few schools to take it further than they need to - in order to portray a good image.
Coke and Pepsi are already moving to buy premium soft drink companies.

[BRICKS]

quote:Originally posted by Placebo

...and on that note, I have made a small investment :)


FROM the managment,, THANKS, Placebo.. [8D]

[Flying Goat]

quote:Originally posted by Underlord

Having Diane Foreman as a director has to be good for CHA she has certainly done alot with NZ Natural. As for introducing CHA products into NZ Natural outlets not sure might be a conflict of interest there. She will certainly add value with her exporting knowledge


"Would you like you like juice with your ice cream sir?" ;)

[Nevl]

This is a great tie up. NZ natural would suit Phoenix products quit well. Premium Ice Cream with premium juice. The Smoothies range would be great too.

[spector]

Yeah all these things are very well and good.... but not really big volume sales opportunities. Much better to get phoenix to be a replacement for the coke you get with your fish'n'chips etc.... or introduce the phoenix range as exotic mixers in bars and clubs... that sort of thing would lift the numbers pretty quick. Especially if they start getting traction in australia etc.

my 2 cents anyway.

[Footsie]

FYI all........anecdotal evidence.

I was travelling in Aussie over the w/end and went to the blue mountains

anyway...in an tiny town called Leura.... i went into two cafe's and they both had pheonix fridges!!!

and i saw quite a few people on the streets with pheonix bottles.....

I thought this was a pretty good sign;), i mean its hardly sydney cbd

[foodee]

Have topped up again.

Cheers

[biker]

quote:Originally posted by foodee

Have topped up again.

Cheers


Was that you that bought 3 million just after 2 oclock and another 3 million at 5 oclock? [^]:)



Go Charlies.

[foodee]

Biker[}:)][:o)]

cheers

[Underlord]

Somthing is going down. There are some big buys today, off market as well maybe some news soon.

[ratkin]

Has the resistance at 20c been blasted away?

If it has then will be onwards and upwards. Nothing but good news between now and feb.
This stock is becoming one of the best stories on the xchange

[ratkin]

Florida orange harvest very poor, Charlies could have to pay an extra 25% for its raw product next year

[Underlord]

NEWS RELEASE FOR IMMEDIATE RELEASE

20 December 2006


Speculation on Japanese market opportunities

Today's Independent Financial Review, contained a speculative article headed "Charlie's looks to Japanese market."

Charlie's Group confirms that it has been in confidential discussions with a party in Japan about potential opportunities in that market, but the discussions are at a very early stage and no reliable information can be provided about the potential outcome or extent of the opportunity.

Ted van Arkel
Chairman
021 302 362

The new year is going to be very interesting for CHA.

[Greyhound]

That would help to explain the large volumes.Bonanza time if they secure that deal.[8D]

[ratkin]

An article in the Independent Financial Review suggested Charlie's was within a few months of sealing a deal with a Japanese conglomerate, which would increase its revenues 10-fold.

Blue sky material

[Underlord]

And here it is


Charlie's looks to Japanese market
Anthony Davies
BEVERAGES producer Charlie’s Group is within a few months of nailing a deal which could increase its revenues 10-fold, with a giant Japanese conglomerate.

For the 15 months to 30 June Charlie’s revenues were $19 million, while the deal it is negotiating is understood to be worth potentially $180 million-plus a year.

Charlie’s chief executive Stefan Lepionka was tight-lipped when contacted by The Independent Financial Review, saying any possible deals he is negotiating are subject to confidentiality agreements.

However, he did confirm The Independent’s information that last December New Zealand Trade and Enterprise (NZTE) approved $73,968 in “growth services financial” (GSF) funding for Charlie’s to help it break into the Japanese market with its bottled sports water and smoothie products.

According to NZTE communications director Fiona Acheson, NZTE’s grant programmes are co-funded. That is, a company pays the full cost of a project itself, and then NZTE will reimburse half the costs after the company has shown the money was spent as agreed in its GSF contract with NZTE.

To date, she says, Charlie’s has claimed $40,218 of the sum approved last year.

On 10 November, NZTE approved further GSF funding of $110,988. However Charlie’s has yet to draw down any of that sum.

Gaining a toehold in Japan could significantly increase Charlie’s revenues. For example, the New Zealand premium fruit juice market, in which Charlie’s is the dominant player, is worth around $22 million a year, while the Japanese market was worth $1.4 billion in 2005.

The industry benchmark is a net operating profit of around 15%.

While Lepionka did confirm Charlie’s is keen to break into the Japanese market, he added it is just one of a number of export markets the company is actively targeting.

“We’re exploring the Japanese market as one of several markets,” he said.

He said much the same thing at last month’s annual shareholders meeting: “We are also fielding significant inquiries from Europe, USA and Japan , and in conjunction with our strong relationship and ongoing support from NZTE we are actively pursuing a range of opportunities.”

According to documents sighted by The Independent, on 4 October 2006 Charlie’s signed a business alliance memorandum with a major Japanese conglomerate with significant distribution capability.

While the memorandum isn’t binding, it sets out a broad action plan of what needs to be done for Charlie’s to be distributing products in Japan early in the second half of 2007.

The two parties signed a confidentiality agreement on 5 October.

Lepionka’s only comment was that Charlie’s is “a long way off” closing any deal and breaking into markets such as Japan is “about getting the proposition right.” Other than that, it was “no comment.”

Founded in 1999 by Lepionka, Charlie’s has not shied away from thinking big.

After successfully taking on the established players and differentiating itself with its “not from concentrate” juice, last year it toppled Just Juice as New Zealanders’ preferred premium fruit juice.


Earlier this year it successfully took over Phoenix Organics, which effectively doubled its revenues.

For the 12 months to 31 March 2005 operating revenue was $9 million and for the 15 months to 30 June 2006 it was $18.6 million while the pre-tax deficit improved from $516,0000 to $51,000.

Charlie’s listed on the NZX in June 2005 after a reverse takeover of Spectrum Resources. At the time it had a market capitalisation of around $12 million.

It now has shareholder’s funds of around $15 million.

In December 2005 it attracted Auckland investor Collins Asset Management as a cornerstone 19.9% shareholder. Collins managing director Tim Cook also joined the Charlie’s board.

Other directors are: Lepionka, former Progressive Enterprises managing director Ted Van Arkel; former Tranzrail and Air New Zealand senior manager Roger Gower; television celebrity and former sports star Marc Ellis; and B

[metro]

well lets hope this stock gets the re-rating it so deserves...and I can retire early :)

Disc: Hold CHA

[Underlord]

These boys are definatly gearing up for somthing,Here is an extract from the CEO Address in November. There seems to be alot of tooing and frowing between Media and Company at the moment which ..imo.. means things are well on track for an anouncement with substantial content to be relaesed soon. Sounds like they have a re-investment stratergy set up for profits (and there will be profits)so no divey which will upset a few but..imo..they are going places both short and long term.
Shares at the moment hoovering between 19-20 (under some serious tension) volume of trades increasing all that tension is going to release some time and I think ..imo.. it will be soon

So sit back have a merry xmas everyboby enjoy a couple of stubbies be safe and wait
.................................................. .................................................. .................................................. .

We are also in advanced planning stages on a range of initiatives in product development, marketing plans, human resources and global distribution. These will require further re-investment of profits to achieve the true potential of Charlie's Group.

I am also pleased to announce today that the Board has signed off several capital expenditure projects for re-investment in our manufacturing, warehousing and distribution facility in Henderson. This will allow for the introduction of new equipment and improved warehousing facilities, which will improve operational efficiencies and cost savings significantly.

This is essentially stage one of a carefully researched plan to optimise, and capitalise on, our company owned site in Henderson.

As you can see, to achieve the vision and the true potential of Charlie's Group we need to commit significant resources.

(Exports)

A significant and substantial opportunity exists for Charlie's Group in the export market. We are currently enjoying success in Australia, the Pacific Islands, Canada and South East Asia.

We are also fielding significant enquiries from Europe, USA and Japan, and in conjunction with our strong relationship and ongoing support from NZ Trade and Enterprise we are actively pursuing a range of opportunities.

To this end we have recently appointed a dedicated Export Manager, Roger Harris, who as noted by Ted was one of the founders of Phoenix Organics. Again, the export initiatives are taking significant resources. Export markets often have long lead times, but the rewards are significant.

[The Doctor]

...all 'sizzle'...no...'sausage'...I can't be wrong twice....surely!

[metro]

I am very bullish on the future prospects of CHA. With its existing range of juices and the Phoenix Organics business it acquired recently - these businesses and strategy fits in well with the (more) health conscious NZ consumer these days. Hopefully the days of obese New Zealanders drinking high sugar drinks such as Coca-cola are over. Plus moves into alcohol and now these negotiations going on for entry into the lucrative Japanese market the future looks bright for this great company!!

Disc: Bought the other day at 19.2c and 19.5c Go CHA!

[spector]

quote:Originally posted by The Doctor

...all 'sizzle'...no...'sausage'...I can't be wrong twice....surely!


bless you Doc. Have a good Christmas mate.

[ratkin]

20c smashed !!!!!!!!

Once a company breaches 20c it always taken more seriously. Strap yourselves in for the ride !!

[groovejet]

I'm just kicking back and waiting for the takeover bid...

[Nevl]

Along with Macdunk the doctor is the great for picking winners. Just see which shares they don't like and invest!! Thanks doc. 42 and charlies.

[Placebo]

<center>:D:D:DFALALALALAA LALALALAA!!:D:D:D</center>

[Placebo]

You'll have to excuse my seasonally-induced sense of euphoria. Charlie's has gained a whole cent! Imagine!! [:p]

[Nevl]

5% not bad. Merry Xmas.

[NOCASH]

Can some one tell me what are the hours for holidays that the stock market will run till?

[Sideshow Bob]

Welcome back 'NOCASH'.

All you have to do is scroll down - or click on this:

http://www.sharetrader.co.nz/topic.asp?TOPIC_ID=24100

[Footsie]

i had nearly a mill of these things i bought at 13.5c ave and lightened the load at 18c recently

still got plenty though. :D:D

There is certainly more juice left in the tank, 20c will probably be the base now..... and glad to be clear of all this 0.1 and 0.2c moves now!

I think it could conceivably hit 35c within a few months

My broker said to me that a t/o price would have to be in the order of 40-50c now.

how things change....
TRUST me, 6 months ago at 9c and long a mill, i felt the squeeze, but hung in
IN fact i told you all to buy if you remember;)

[metro]

Footsie: great posts re CHA. and thanks :)

[foodee]

quote:posted by Footsie

....I felt the squeeze...

Nice pun

35c would be very nice[:p]

cheers

[Footsie]

I've noticed FRank and that other organic juice around a bit.....

I'd love to see some market share stats..

anyone have access to that?

[ratkin]

As foretold the 25cents is now a reality


quote:Can it crack the 20c though. Going to be a battle at 20c , could take good news to blast though that natural resistance point.
Once through then no more 19.1 19.5 going be 21 22 23 24 25

--------------------------------------------------------------------------------
ratkin

[ratkin]

Good news is coming , and its not far away

[Steve]

quote:Originally posted by ratkin

Good news is coming , and its not far away

Would you like to share it with us NOW?!

[silu]

quote:Originally posted by ratkin

Good news is coming , and its not far away


I hope its a takeover offer so good that I can finally get rid of those damn shares.

[The Doctor]

don't hold your breath for mkt share stats...when will they make a profit...like 42below...never?Surely there is not another flush ,fool wandering about with an inherited fortune to squander!:D

[nelehdine]

Market cap at 25c is now a cool $72m ... give the stock a P/E of 15 and it would be needing to earn after tax profits of around $5m ... is this likely in the next couple of years ??

[metro]

quote:Originally posted by ratkin

As foretold the 25cents is now a reality


quote:Can it crack the 20c though. Going to be a battle at 20c , could take good news to blast though that natural resistance point.
Once through then no more 19.1 19.5 going be 21 22 23 24 25

--------------------------------------------------------------------------------
ratkin


well called ratkin. :)

[metro]

Nelehdine: are you saying this stock will not rise any further?


quote:Originally posted by nelehdine

Market cap at 25c is now a cool $72m ... give the stock a P/E of 15 and it would be needing to earn after tax profits of around $5m ... is this likely in the next couple of years ??

[nelehdine]

No, I'm not saying that at all. I don't follow the company that closely but I noticed in the annual P&L announcement that the profit/loss talked about was in the hundreds of thousands ... it's a big step change to then start making $5m ... having said that it is only $1.25 per man, woman and child in NZ every 12 months ... they must make more than that off me per week with the amount of their product I consume !!!