Why so quiet.
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Why so quiet.
Im all for the increased guidance . I guess some people aren’t excited about the fact that projected second half revenues are actually 5 percent lower than fy19 second half revenue ..
I guess one could extrapolate last years q4 was inflated by the freight delays in q3 which artificially inflated their q4 but still a little strange for a growth company.
Earnings upgrade is great but yeah.. maybe some people projected greater revenue growth than that.
I wonder if freight delays will stop the guidance being achieved now too but I guess it probably won’t since they’ve decided to firmly provide an update amidst the virus getting worse
Went to three chemist's today, all three out of ultrablis and waiting on more.
Blis CEO was on RadioNZ earlier this week saying they were struggling to meet demand. He mentioned hiring extra and staff and double shifts which was heartening to hear. Considering this crisis will likely continue for months to years rather than weeks, it's understandable that an increasing number of people will become more aware/proactive with supplements which *may* boost immunity.
Not sure about ultra blis but the 2 in wellington were out od all Blis products at the start of last week
Found it. Sounds like they’re ramping up production to try and meet demand.
@ 1min40
https://www.rnz.co.nz/audio/player?audio_id=2018739149
I heard that they are very reliant on a very small number of production staff....need more staff