Sounds like a promising acquisition but shouldn't they have provided details on the financial position of the business? What earnings can we expect from this?
Sounds like a promising acquisition but shouldn't they have provided details on the financial position of the business? What earnings can we expect from this?
Agree LAC. This adds a complete new dimension to the business with new associated risks/rewards. Impossible to weigh up whether this is good or bad with no information given.
anyway the shipment delay means kiwifruit will go into storage means a oversupply of stock for next season if they cant sell it into other markets or a dumping of stock either way lower returns coming.
also zespri sell of more licences mean more supply also coming in a couple seasons but they havnt found new markets for all the extra volume so returns may be lower going forward
I'm not entirely sure it should be seen as a negative. It's been bumper harvest. probably time to diversify their products so they can make use of such a good harvest.
Sounds like a promising acquisition but shouldn't they have provided details on the financial position of the business? What earnings can we expect from this?
My first thought was that it could be a good means for turning excess and low quality fruit (that would otherwise be unsellable) into product. The question then is whether anyone actually buys the Kiwi Crush range - I've seen them in the supermarket for years but never thought to pick up a box. I'd love to know what their sales volumes are like. Straw poll: has anyone here ever bought them?
My first thought was that it could be a good means for turning excess and low quality fruit (that would otherwise be unsellable) into product. The question then is whether anyone actually buys the Kiwi Crush range - I've seen them in the supermarket for years but never thought to pick up a box. I'd love to know what their sales volumes are like. Straw poll: has anyone here ever bought them?
It's popular if you need to 'get things moving' - is often advised to be taken if you're on a course of codeine...
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