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23-05-2024, 10:46 AM
#2041
Originally Posted by Rawz
Well done Silver. Great call.
Maybe just maybe the active customers have stabilized? If so fair multiple 6-8? So trading at 5x its undervalued
Thanks Rawz, so far customer numbers remain stable with efforts by the company to expand their offerings and increase active customers.
Brand expansion:
MADE: There will be an emphasis on ready-made foods
Bargain Box: With this the most popular offering now, it makes sense to expand the recipe choices to keep and entice new customers.
Fresh Start: Break and lunch offerings will be introduced
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23-05-2024, 11:48 AM
#2042
Originally Posted by silverblizzard888
Thanks Rawz, so far customer numbers remain stable with efforts by the company to expand their offerings and increase active customers.
Brand expansion:
MADE: There will be an emphasis on ready-made foods
Bargain Box: With this the most popular offering now, it makes sense to expand the recipe choices to keep and entice new customers.
Fresh Start: Break and lunch offerings will be introduced
Great foresight.
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23-05-2024, 02:14 PM
#2043
Member
Originally Posted by silverblizzard888
Thanks Rawz, so far customer numbers remain stable with efforts by the company to expand their offerings and increase active customers.
Brand expansion:
MADE: There will be an emphasis on ready-made foods
Bargain Box: With this the most popular offering now, it makes sense to expand the recipe choices to keep and entice new customers.
Fresh Start: Break and lunch offerings will be introduced
Yes great call S B ,glad they are fetching debt down and making a profit in a recession great for a kiwi company happy days with brand expansion as well.
I just hope they do not get bought out now !
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23-05-2024, 03:15 PM
#2044
To stabilise customer base in these economic times is no mean feat. Winter running a tight ship obviously.
The hard work on efficiency gains/cost savings is done now, it's all about growing the customer base - if they can hang in there for the next 9 months (we are in the eye of the economic storm) i can't see why the stock can't get back to 30c on a 2 year view.
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23-05-2024, 06:08 PM
#2045
At market cap $30 m? it could be a good fit for WHS?
BT THEN IT MIGHTBUGGER MFB ?
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23-05-2024, 06:47 PM
#2046
Solid performance and echo my appreciation like most others here abt the outstanding work of SB888, top effort.
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23-05-2024, 07:08 PM
#2047
How many off you are customers.
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23-05-2024, 07:33 PM
#2048
Member
I am a customer (my food bag) for >6 months now - I pay $152 per week for 4 of us, 4 dinners/week..there is some leftover for lunch next day for one of us...very satisfied
Disc - hold plenty
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23-05-2024, 08:25 PM
#2049
Originally Posted by RRR
I am a customer (my food bag) for >6 months now - I pay $152 per week for 4 of us, 4 dinners/week..there is some leftover for lunch next day for one of us...very satisfied
Disc - hold plenty
Gee that’s still $38 per meal seems extravagant to me?
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23-05-2024, 08:34 PM
#2050
Member
$38 for 4 people...round it to $10 per person..not too cheap but not too expensive either..healthy as well and lots of choices/varieties..
Try it once
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