oh come now, let's be honest. the stock is down over many years and bounced off decadal lows of 49 cents. does not make the management effective. it makes the stock overvalued. i could easily make a case for 5 cents a share. i mean easily. in a private sale, maybe this could garner 5 million dollars.
no one is paying 60 million for this abject failure to date. but chicken could be worth it. we will see.
but chicken better be worth 10 million a year in sales. and fast.
not a single produce customer btw announced. and btw if it really takes a year or years for a client to assess, then it isnt going to succeed. no chance.
lol, wait til jen cue tells you on the next conference call how much people love the soda and how loyal they are. and how they were so proud to sell 4 million dollars in a market of 400 million people.
by the way that is 165,000 people buying 2 sodas a week.
that is an average of 3300 people per State who buy 2 jones a week.
wow. such loyalty.
you want to know how to do this business? ABRW is the latest in the list of people who have a plan. Even CELH has a plan. ROX has a plan. cue has no credible plan. first thing you need is a compelling product. soda for children in 2016 aint it.
1. reeds products on bottom shelf 9 facings total for 3 varieties. $4.99 i believe
2. bruce cost ginger ales 14 facings, eye level. more varieties, clearly labeled. $8.99. much higher profit for WF.
3. four other assorted ginger brands, all with better placement.
1. virgils, products on second to bottom shelf. one row complete i believe 11 facings.
2. many many other premium sodas with better placement.
this is a steady decline for this WF with the ginger being really relegated to the cellar. bruce cost packaging is just miles ahead of reeds illegible and unintelligible label design. what is premium brew for example? cost has cool flavors like pomegranate ginger brew. it is like reeds is now a mixer, not a beverage.
this is also why chris the chlown appears to have given up on this market and is looking at supermarket. he can no longer compete as high end, so he has to seek mass market. but people shopping at krogers do not necessarily care about four varieties of ginger brew. they are cool with schweppes. hence the yoy sales decline.
what a weak rally off lows. i am assuming too that it is almost entirely being moved by the buy back program soon ending and with dwindling cash available for a new one. i think they will authorize continued buybacks to save the stock from breaking under $30 in a downturn. sad that they cannot get a handle on growth.
if the company were better managed we might be able to get a buyout from a more capable business organization. i dont see anyone wanting to purchase this business now, so the shorts are very safe. even with asco coming up, the stock can barely move.
nice to hear they are pushing volume in kroger. too bad they had to go the route of discount appeal instead of sticking to the "premium" concept. i guess no one was believing that anyway. they might as well try to blow out some volume.
when did i say product was being pulled? oh, thats right. you said it, not me.
however, the product is clearly being cut down on shelf space in the whole foods, and similar stores, that i have seen. bruce cost has more shelf space than reeds in my whole foods now. not close anymore. also, shelf placement is worsening. no more eye level. bottom shelf. that is why you are seeing yoy declines. not because, as chris the chlown wants to you believe, that demand is outstripping supply. in my humble opinion. a disgrace. please continue to post though, chris needs an apologist. how many doors down the hall are you?
go ask a manager at whole foods how much they dropped in virgils and reed orders. i would expect about 50% yoy. the brands at whole foods are being replaced by competent vendors with higher profit margins for WF.
my bad, i dont believe i ever remember an insider buying so they would have little to sell other than the stock they gave themselves to show up every day and not accomplish anything. for 20 years.
net institutional sales of 1.2 million shares. as for royce buying, i am not impressed with their investment savvy in holding this crumbling piece of corporate negligence. although the 24 cent rally on 20k shares today was a phenomenal relative day for this pre-chapter 11 Sege piloted mess. the $1,000 stock rallies 24 cents on little volume and huzzah.
and how meaningful were those events? they werent meaningful in the least. expanding sales when incremental sales are at losses is a pretty easy thing to do. not to tough to sell product below cost. but they cannot even do that.
dogma, as an aside, i have to say your pumping of reed performance has really been spot on. ive been critical and we are at multi-year lows. you are an apologist.
obviously coordinated between the executives and insincere. hey, what is the minimum amount of shares we can buy to look like we give a eff? we have no developments or news to announce to show anything but a profound collapse in the business and an increasingly likelihood of insolvency.
2016 and remarkably reed and virgils are done as brands, surpassed by innovative companies. culture club a complete failure. now the stock i struggling in the $3s. and there is every possibility that it drops below $3 if they blow this quarter. with no meaningful news and 5 weeks left, it certainly appears this quarter is another disaster.
there is a great chance that the mistakes made are not recoverable. whole foods has no further need for any of the three product lines. maybe it will be the good quality soda for walmart and target with 20% margins.
rj kirk isnt going to sell at any price. he doesnt care about the money. this is his life's work. and without his shares, there is no buy out. period. at $1,000 a share, he says no.
ridiculous pumping. there are a few european countries using it, a few locations in the US. i am not sure past that. even brazil with impending olympics hasnt approved this tech. why? it is expensive for all but the high-end western systems. it isnt affordable at $100 a pop in developing or underdeveloped countries. i think the euro market is much more like a 500 million a year than 2 billion a year. the US should entirely go intercept. south america, central america, africa, most of europe, almost all of asia will not be able to afford it. the market is about 25 countries worldwide. that is it.
the great concern is that a chinese knock off captures the rest of the world market at a fraction of the cost.
i think this is a big reason that cers is trading where it is and why brazil has not agreed to implement. although i do expect that a few hospitals in Rio will implement it before the olympics but only for tourists and olympic affiliates. it will be an upcharge for wealthy clients.
cers can be profitable within the 25 countries.
check the yahoo stats for insider sales. i mean, look, the share price says all you need to know. giant losses, no growth, increasing competition and declining cash while they issue each other salaries and options to motivate each other to come to work. no more conference calls means less oversight in order to raid the coffers. it is a 20 million dollar slow heist. maybe the LED market is slow (LOL). maybe the stock market is doing poorly (lol). it isnt anyone's fault. more options!!! more salary!!!
once a $1,000 stock bumping along at $4. soon to be $3. with cheerleading employees posting how great ron is. oh my it was up 3 cents last wednesday. must be a contract!! omg. the end days of the echelon piloted into the ground by clowns.
i am not sure that the children's soda market is exactly where a PR firm would want their client positioned. no, when i think of proper marketing for unhealthy kids beverages with declining sales i think of Fiat motorcars.
it is obvious. huge impact on sales to over three years. i mean you have to blame the declining sales on something.
sorry i am long and this a complete and utter lie. almost no one in the world is using intercept. why lie? complete fiction to sell your shares to gullible people?
and the actual addressable market discussed by the company also is a complete lie. few countries can afford the expense. likely no country in africa and south america will adopt it anytime soon due to expense. the real market exists in a small number of countries (maybe 15) interested in high level monitoring.
great technology. why lie?
6% royalty is the business model. 60 grand gross on 1 million in sales by a distributor.
60 grand gross. about 2% net profit. however, when national sales hit 100 million dollars, i can see this market cap as justified.
i think your estimate is pretty on target. increased private label for 7-11, and decreased sales for their #$%$ soda lines. 200k profit is probably about the tops they will do this year, then sales will flatten and decline. the fiat promotion will come back and drive the sales of several bottles of soda because FIAT and children's soda are great branding partners. i look forward to the scholastic inc promotion with bacardi later in the summer. no major restaurant chain would touch jones soda fountain with a 10 foot pole. do they even have a single sku doing a million a year? i doubt it.
lol, very hopeful sounder. yes, chris took it out and did wunderlich up the ying yang. they showed faith in the company but completely misread how much chris was lying in the last several calls. try and read the transcript and figure out what facility is actually up and running. it is truly funny how slick he thinks he is. 600k for a labeling machine to fix his moronic label and bottle design. but, hysterically, he thinks -actually thinks - the bottle design is iconic, innovative. since it is a miracle of abject complacency that the stock isnt at $20, i am hoping that less screw ups in the current q, allows for a rise of a dollar or so. look at ABRW for what good management means to a company shareholders. its up more in a month than REED in its history. CELH too for that matter. but of course chris the chlown bloviates about how he is the best. i bet Bruce Cost thanks him every day for starting the ginger market then completely effing it up.