Foley Family Wines

[garfy]

Sincerely, thank you for your reply minimoke.

Back to the drawing-board....... :-(

[garfy]

After your "heads up" minimoke, I searched around...... I had certainly looked into wines, but it never occurred to me to look up 'wine scandals'. Nevertheless, the information is easily searchable.

Needless to say Foley Family Wines are not/do not seem to be involved - but I still have a bit for digging to do. Their 'stable looks very good to me!!

.... and then again.....

[CROESUS U.T.]

HIGHLIGHTS
- Case sales 522,000 (up 11%)
- Export cases 404,000 (up 23.5%)
- Bottled sales revenue $44,046,000 (up 15.7%)
- Operating earnings $5,059,000 (up 83.8%)
- Reported profit after tax $3,518,000 (up 94.9%)
- Long term distribution agreement with Lion NZ Ltd entered into
- Completion of Mt Difficulty purchase
- Step change in Lighthouse distribution in Australia/New Zealand

Pleasing result coupled with shareholder purchase pricing make me a happy chappy.

[horus1]

I will be buying more. Good report. What is the shareholder purchase pricing?

[CROESUS U.T.]

Very attractive disc but DYOR
- have calculated breakeven for me is approx 1400 bottles to go

[CROESUS U.T.]

On the rise again and approx 1100 to breakeven

[Getty]

They are not big on announcements or shareholder comms are they?

October, and only 5 anns for the year.

Maybe they are like the old gents on the Mainland cheese ads, not much happening.

[CROESUS U.T.]

Maybe they are like the old gents on the Mainland cheese ads, not much happening.

Ah but their botanicals are great whether the 42 or the 57 in a pink gin

[kiora]

"Foley Wines rescues embattled Toast Martinborough festival"
https://www.nzherald.co.nz/business/...+February+2024

[Sideshow Bob]

https://www.nzx.com/announcements/426756

FRIDAY 23 FEBRUARY 2024 – Foley Wines announces half year result
CASE SALES 245,000 (down 21%)
BOTTLED SALES REVENUE $28,710,000 (down 13.5%)
OPERATING EARNINGS $1,261,000 (down 77.5%)
REPORTED PROFIT AFTER TAX $1,673,000 (down 60.2%)
OPERATING EBITDA $7,097,000 (down 30.0%)
OPERATING CASH FLOW $2,955,000 (down 57.7%)