I kind of like what the CEO of Honeywell CO. said on Krammer tonight: "Who ever said that high oil prices were a good thing...?"
So, maybe the Saudi Arabia Royal Family with have to cut back a little, or Russia, Venezuela, Brazil...They will manage. Frankly, I'm a little tired of paying double for a commodity to help them live a lavish lifestyle.
If you figure it out, pls let me know.
But, what say you, to the 300M or so Americans that need to re hydrate? Shouldn't SODA make a bunch
here, helping us all re hydrate?
I do not think(and have stated before on this forum) that GMCR will be very successful in the US home carb market either. The US consumer has voted. "We do not need home carbonation as we already have it. It is powered by folks like KO,PEP,DPS, and is cheaper and easier than anything else".
Now, I am seeing multiple new flavored waters cropping up(cans) @ retail...for about a quarter per 12 oz serving. Just "pop the top" and enjoy.
I think he has a point. He is just looking ahead...not backward. What's wrong with that?
I won't even attempt to get into this "CO2 thingy" discussion, other than to say that SODAs cartridge
will(has been) be re engineered in China. It's really a very simple device. And, I would think that the Chinese would use the black market to save 90% or so on their CO2 costs. Yes, you can get the SODA "thingy" refilled right here for about 10% of cost...If you know the right folks.
But, did not the WE sales actually fall in the latest Q? And if you do a little math you will see that WE is projected(by SODA) to drop about another 10-12% this Q.
Maybe just a short term blip. Maybe not. Maybe WE is "rolling over", like the US did this year?
I don't know what the cost is for a cool one made with the machine, but both KO and PEP are currently selling their products for .50/liter($1//2 liter bottles). Thus, cost will not be the catalyst
to sell the P. Homemade.
The US sales slowdown actually started about this time last year. Q3 sales had nothing to do with marketing a new product line. Think about it. If it did, why would not the US sales of fresh new product pick up in the all important XMAS Q4? The only good news I see now is that the US sales slide seems to have (or has ) bottomed, and leveled out for now. So, maybe SODA can get a fresh start here.
The CEO has already told you that sales will be around $125M for Q4. And that earnings will be around $1.2/shr. What he didn't say(in the release) is that a $1/shr. (non cash) charge will reduce FY14 earnings will come in @ about 0, maybe .20/shr.
ps your questions are not dumb at all.
Did you read the ER? No, wait: Did you read the ER AND think about it??
Q3 sales down 13%...that is down, not up.
Q$ sales will be down 24%.
Yearly earnings cut again.
Maybe this is hat you missed?
Sorry, but I disagree.
I see: flat to down on REV ; down on eps.
Guidance will be lowered.
But, good luck to all
this thing is dropping to much prior to ER. Bad news coming!