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Posted On: 02/15/2017 12:52:19 PM
Post# of 75091
Re: adirondackhi #30543
I hope you're right, but if a company is not focused on sales, how can they be focused on growth? They lost more cans of product to obsolescence than they sold during the quarter just reported by an estimated 3 to 1 margin.
On average, they sold perhaps 100 cans per day during the quarter. They did this in a country of 350,000,000 people. Where is the growing market penetration? Quarter to quarter sales were down 92%.
Somebody dropped the ball big time. How do you lose 92% of sales in a 3 month time frame.
You can choose to delete this post, if you wish, but you can't delete the financials. Ignore them at your own peril
On average, they sold perhaps 100 cans per day during the quarter. They did this in a country of 350,000,000 people. Where is the growing market penetration? Quarter to quarter sales were down 92%.
Somebody dropped the ball big time. How do you lose 92% of sales in a 3 month time frame.
You can choose to delete this post, if you wish, but you can't delete the financials. Ignore them at your own peril
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