Ebos Limited EBO

[RTM]

That would be a great result for Australia.
Thanks.
RTM

[okay]

Good article in stuff regarding future EBOS geographical expansion plans. From the outgoing CEO, Patrick Davies

"Ebos took a big risk to move beyond New Zealand to the Pacific and then Australia in recent years. The next stage is to push further into Asia. "We've started a little of that and it will be a focus over the next five years."


The next Ebos targets included China, South Korea and a couple of other Asian countries.

Some more snippets:-

"The expansion into Asia will be different to the Australian story. In Australia the growth has come from acquisitions but our initial path in Asia is to export products using distributors rather than buying businesses immediately.

"We'll do well in China with our Red Seal and Black Hawk pet products and we'll take greater control when we're confident we can to that. Maybe we'll acquire a small business selling some products."

https://www.stuff.co.nz/business/102...bos-ceo-davies

[macduffy]

The recent dividend demonstrated again how dominant the Australian side of the business has become. NZ div imputed to 25%; 100% fully franked in Aust. Not complaining though - should get a decent chunk of that 33% withholding tax back in due course!

[LAC]

About time we heard something from the great company Never fail to impress.

https://www.nzx.com/announcements/320214

[winner69]

About time we heard something from the great company Never fail to impress.

https://www.nzx.com/announcements/320214

That’s one pretty big contract eh

Even if margins are pretty thin they’ll only be using resources they already have so most should flow through to bottom line...yes?

[h2so4]

That’s one pretty big contract eh

Even if margins are pretty thin they’ll only be using resources they already have so most should flow through to bottom line...yes?

Oh my. That's a huge announcement.
Nice!!!!!
I thought Chemist Warehouse would be direct competition. Well it is but we will supply you as long as we make something out of it.....LOL

[winner69]

Oh my. That's a huge announcement.
Nice!!!!!
I thought Chemist Warehouse would be direct competition. Well it is but we will supply you as long as we make something out of it.....LOL

There will be a buck or two in it for EBO

[percy]

Oh my. That's a huge announcement.
Nice!!!!!
I thought Chemist Warehouse would be direct competition. Well it is but we will supply you as long as we make something out of it.....LOL

Think the present Chemist Warehouse contract was also with a competitor.
Do not need a big margin on $1 billion contract.
Be interesting to see whether with the added "bulk", EBO get better supply contract prices from their suppliers.

[h2so4]

Yes Sigma I think and their SP has been in a downtrend for a while. API is also in a downtrend. EBO bucking the trend.

[ratkin]

Boom, game changer. should bring the price out of its malaise. May finally breach that 20 dollar mark. Think the all time high around 19.35, should take it out.
The Aussie market reaction will be interesting.