Buy the beers not the shares
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Buy the beers not the shares
Huge growth in quarterly volumes .....killing the opposition by the looks of the charts
Very impressive update - well written and presented
Go my man Geoff
gross margin increased from 14% to 19% (does it match competitors margins?) , while this is good you need to see what there operating costs are as if high would mean low net margin
Who here has tried and will continue to drink Moa beer?
I've tried it, but no, wont be drinking more of it. It is a perfectly fine beer, but there are other craft beers out there a) doing a better job and b) doing it quietly without trying to brand their way into peoples drinking habits. I'm not sure if Tuatara have ever done an advertisement (I expect they have, I just mean its hardly pervasive), beer speaks for itself.
I to tried it....won't be buying it again. Preferred the Stoke range. But then I am a Mac devotee from way back.
I have tried Moa and continue to purchase when/ if I see it on special, but not as a preference over other brands.
The growth in volume and margin is probably driven by the 'move' to premium beers through contract brewing of the original and sessionable pale ale, which is hopefully growing the brands profile and availability