You are spending way too much time on the WB "issue", when the real issue with SODA is the sales implosion
in the US.
SodaStream may shutter its production plant in the occupied West Bank, according to a report in Israel's Haaretz newspaper.
The move comes amid Israel's military actions in Gaza and a call for a boycott of SodaStream in Europe.
SodaStream's CEO said a decision would be made within the next two months, but denied that the political situation was a factor.
SodaStream's CEO Daniel Birnbaum told Haaretz that the folks behind the boycott call are "financial terrorists."
And therein is the problem for SodaStream. It seems unlikely that the company can move to the next level in international markets as long as it is so closely associated with issues that so clearly divide the world.
Dan B calls the boycotters financial terrorists.
Then says the closing of the plant is purely a financial decision.
Financial terrorists cause financial damage!
Dan B. is essentially admitting that the West bank plant is causing SODA some financial damage.
So, YES, the decison is not based upon politics, its based the financial EFFECTS from the political situation!
Bottom line: The plant is going to be CLOSED unless the Palestinian workers mount a major PR blitz to convince the "financial terrorists" that its NOT SODA who will suffer from the plant closing, but the same people those terrorists are supposed to be helping.
Dan B. has given NOTICE: I'm going to shut this plant, that will result in the loss of 900 Palestinian jobs UNLESS the terrorists cease and decist! He is giving the terrorists 2 months to come to their senses!
QUESTION by Greg McKinley - Dougherty: "do you feel like as we headed into Q2 there was a thought that dealer or retailer level inventories were higher than were planned, how much progress whether it’s SKU rationalization or just dollars of inventory, they are entering, I’m assuming making buying commitments for the holiday selling season at this point, have they gotten a lot of that channel level inventory off their hands or I don’t know if there’s any way to quantify that?
ANSWER by Dan B. : "We measure weeks on hand everyday by retailer by segment and I can tell you we brought those weeks on hand down in some cases more than 80% across the board, certainly more than two thirds, so they’re easily quantifiable and something we are very focused on and making sure that the inventory at retail measures the consumer demand or matches consumer demand."
MY TAKE: With Channel inventories down dramatically, SODA is now positioned to see system sales surprises skew to the upside.
Dan B. states : "We are growing current distribution ready to roll out additional retailers in premium grocery and convenience channels"
What does "convenience channels" mean?
I would say that CVS is a convenience channel.... even though Golden doofus disagrees without a shred of evidence to support his constant nitpicking. CVS is trying to brand themselves as a "health" retailer by eliminating the sales of cigarrettes...
So, adding a SODA would make perfect sense for CVS.. Of course the golden doofus will NOT reply because his entire gig is about trying to appear smarter than everybody else.
While SODA is in a few Ralphs, it appears to me that it is a tiny minorirty of the total.
So, what is a "premium grocery"?
Based upon marketing as a health product, I would say Whole foods is a top choice.
Of course there was NO comment to my previous post about WFM as the "premium" grocery from the MB Nitpicker.
Do you also use culture_warrioridiot to make a point, or do you only bring him up from the basement on "special" occasions? lol
No harm. Got pretty thick skin to hang around(with periodic sabbaticals:) in this Asylum For The Yahoo Insane!!!!💊💊💊💊Use those:)
Sorry about that. Like I said in my first line of my message not certain what was driving your statement. I must have been shell shocked by all of the negative comments the last few days from several people who I will not name.
And, since I texted several times and spoke on the phone yesterday with Seth, I guess you should apologize for "rushing to judgment" and posting something thoroughly uninformed and unable to ascertain humor. I'm waiting:)
Not certain what is driving your comment. I have agreed and sometimes disagreed with Seth. The majority of the times I agree. There are good guys and bad guys on this board. I define a good guy as bringing value add information about the stock. I define a bad guy who just posts negative comments. And Seth is definetly a good guy. Atty as far as your concern you have your good days and bad days. I know we have different viewpoints but at least we keep it civil. have a good day.
This is a DONE DEAL!
The Golden Doofus has NO clue!
SODA is merely trying to position this decision in such a way that it does NOT appear that they gave into the protests.
This SINGLE plant has been a major DISTRACTION for SODA management!
Management only has so much time and energy, and so it is PURELY FINANCIAL to get rid of a time consuming problem, that causes protests and bad press.
The golden doofus knows NOTHING about the real world!!!!!!
Both trades worked rather fast again on both the VIX and Russel 2000 Volatility index! I wasted no time taking gains like you suggested, only two days!
John, chill w him Bro:) I'm in the sun with water and WODKA on my way to day early two hour Shabbat Rub.It's only💰💰💰💰💰which won't help when the middle class rightfully declares:"Enough"!!! Wait until alraedy taken ObamaCaresLess turn AFC "credits" into not only no tax refund for expanding and suffering Middle Class into tax, but into BILL!!:) Pray:) Or,call upon THE FORCE:)
a nice half page ad this week on SODA, promoting the Jet and $20 Rebate, to no avail. It is still like
a "dead zone" around the SODA aisles space as sales are still very week.
Be careful here.
PS Belks no longer carries SODA. But, don't worry too much. It's just a southern thing(300+ doors).
They carried a ton of inventory(maybe too much) last year.
More conspiracies right Martin? Can't stand being wrong even though you do it so well!! I have one screen name and one only jackarse!