Couldnt agree more . Buy when they dip.
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Couldnt agree more . Buy when they dip.
p.s.
Good to see the Pet side of things doing ok esp the food sales.
First-half Black Hawksales increased 23% with strong growth achieved across both Australia and New Zealand.
We dont use Black Hawk for whatever reason and I was wondering how this was going. New brand can be hard to work.
Haven't even seen the pet stuff in the supermarkets, so i think there's some problem there... unless they're targeting vet shops
Supermarkets not always your best customer if you want a decent profit margin .....
Animates, vets and online suppliers like pet.co.nz
Holistically priced so bloody expensive. Some people send a fortune on their pets so the price don’t worry them. Apparently its feed to a lot of working dogs
High margin product for Ebos
We feed ours on a similar Australian product but at 50% of the price ....they don’t mind.
This Coprice stuff - $69 for 20kg at Animates
https://www.animates.co.nz/coprice-f...food-20kg.html
Can post that here as Ebos have an interest in Animates I believe
Dogs love it
Craigs are expecting a flat year,however 20% growth next year.
Their target price is $24.11.