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13-08-2013, 04:56 PM
#101
Originally Posted by blackcap
With you on that one moosie... they could fall further tomorrow especially if sentiment is weak. Im surprised how well they have held up today actually but Balance may have been right when he insinuated that Milford et al may be buying to hold the price up in what is an liquid stock.
Maybe Milford et al have been buying for another reason.
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13-08-2013, 05:00 PM
#102
Originally Posted by airedale
Maybe Milford et al have been buying for another reason.
http://www.nzherald.co.nz/business/n...ectid=10911794
"Ross said the distributor did not have "skill set" required to drive Moa's sales in New Zealand."
I guess that must apply to the Ecoya candles as well? I mean, the distributors have no idea how to sell $50 scented candles?
It's all good, folks - it's all the distributor's fault. They do not know how to sell Moa beers!
Last edited by Balance; 13-08-2013 at 05:01 PM.
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13-08-2013, 05:53 PM
#103
Originally Posted by SparkyTheClown
So, the international company that distributes 54 brands across 3 continents, including Penfolds "The Grange", Wolf Blass and Matua Valley are incompetent.
I need to mock up another Tui sign.
Didn't they lose/lost track of 35 mill of wine in the US and dumped zillions of litres of the stuff .... maybe there are pallets and pallets of MOA somewhere as well
Gage Rd (brewers) have a relationship with TWE as well ... they don't seem to complain
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13-08-2013, 06:31 PM
#104
Originally Posted by SparkyTheClown
So, the international company that distributes 54 brands across 3 continents, including Penfolds "The Grange", Wolf Blass and Matua Valley are incompetent.
I need to mock up another Tui sign.
I find it amazing that there are punters who would pay up to $1.00 today after the 30% downgrade!
The EBITDA impact will be magnified, with considerable implications for cash flows and capital raisings.
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13-08-2013, 09:18 PM
#105
In NBR " A new distribution model is being negotiated " lol read this as we are going to discount the hell out of it to do the volume through the supermarket .......( no profit margin then )
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14-08-2013, 09:49 AM
#106
Member
Originally Posted by Balance
http://www.nzherald.co.nz/business/n...ectid=10911794
"Ross said the distributor did not have "skill set" required to drive Moa's sales in New Zealand."
I guess that must apply to the Ecoya candles as well? I mean, the distributors have no idea how to sell $50 scented candles?
It's all good, folks - it's all the distributor's fault. They do not know how to sell Moa beers!
Yes, what a lot of nonsense. It's really the shareholders fault for not drinking heavily enough!
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14-08-2013, 10:06 AM
#107
Originally Posted by J R Ewing
Yes, what a lot of nonsense. It's really the shareholders fault for not drinking heavily enough!
Their is another article out today (cant remember if NZH or Stuff where the distributor states they have doubled quantity sold so cant understand why they are being blamed.
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14-08-2013, 10:34 AM
#108
This one is going to go down further over the next few weeks I think. I have done no research but to me such a big miss on your first major target is not going to sit well with investors. Revenues static or as predicted with a fall in profit I can live with. But revenues down by 30% from target in a growth company does not bode well. I sincerely hope Farmer Hamilton sold his stake sometime yesterday.
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14-08-2013, 11:01 AM
#109
Member
Milford said they sold some yesterday....still at 0.2% of their fund overall....
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14-08-2013, 11:29 AM
#110
This will drive their shareholders to drink thus increasing sales - all good me thinks! (shame their beer doesn't actually taste that great IMHO)
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