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G. Willi Food-International Ltd. Message Board

  • zolie48 zolie48 Nov 22, 2010 11:53 AM Flag

    Conference call

    It was garbled but at the end some major items were repeated.They are presently in negotiations and hope to finalize a deal in the U.S. The deadline is the end of this year-2010.There are 2-3 other back up deals according to Zvi Williger Ceo if this deal is not finalized. 4th Qtr sales for (Oct-nov)are currently up 25%.In terms of 2011 he expects Israeli sales to grow by 15% over 2010.Looks like a solid growth company.He also expects gross margins to continue to remain on the high end.

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    • According to Zvi the deal in the U.S. is on the verge of closing.I believe that's why they pushed the qtr report to today rather than the regular Nov 8th date -in the hope that they could announce it with the earnings release.We could get news at any time now.I think we'll see buying in anticipation of the news!

    • Thanks Zolie.Actually you can hear a replay of the CC. at 1 877 870 5176 access code#4385649.To my mind this stock is very underpriced.As soon as any deals are finalized we'll be in the DD!Hopefully sooner than later!

 
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