Originally Posted by
kiwidollabill
So I better weigh in here... To it's credit, the increase in revenue as posted in the last annual report is probably some of the better new which has come out of this wee company. Skid mentioned marketing (or lack thereof) as being an issue with PEB and BLT. Don't know much about BLT in this area but I do know that PEB no longer have any 'marketers' on staff and that the majority of it is done by a Dunedin agency.
Incidentally I remember first year lectures from John Tagg about 'Blis', bit of a showman in his day in the lecture hall.
BLT could be a great little company, but the fact the same management is still there is poor performance by the board. You cant really expect someone with experience running large, operationally/commodity focused dairy companies (as they explicitly were when he was there) to know alot about how to take some valuable IP and transform that into consumer focused products in the nutritionals (for lack of a better word). They've just hired someone ex SFF (byproducts, not meat, i.e. no FMCG experience) to lead them into Asia and I see they are hiring for a product/business development manager too.