Paying attention ;-)
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Well, no shit
That is really interesting. I wish I had sources. Who are yours?
True…and they shouldn’t. But I think what a couple were alluding to is that people who are strongly against her political views wouldn’t buy her brand of wine.
It’s logical to assume that there are just as many people who would go out of their way to buy it because they agree with her views.
It makes no sense that it would only have a negative affect on brand sales. It’s rather obvious that this country is politically divided.
I happen to believe it will have no effect at all.
It doesn’t matter if some won’t buy it because they disagree with her political views. People who believe this really aren’t thinking this through.
If you believe that someone will not buy her brand because of her political views, then you must also believe that someone would buy her a brand if they agreed with her views. It works both ways.
It’s a non-issue. In fact, if anything, it works in the brand’s favor.
Yes...the $2 mil for Q3 guess is more than likely not going to happen. The Publix revs probably will not post until Q4. I would guess revs for Q3 to be 90-100% above Q2.
That’s pretty much how I see it.
Yes they do. And one thing to consider regarding her political views is that for every person she may turn off, she is turning someone on to the product. But like I said, I personally believe it’s a non-issue.
A few will, yes. We can agree to disagree on how big an issue it is. I think it’s nothing in the grand scheme of things. People love to talk about their actions...few actually act.
In a world where way too many people want their opinions heard with too few bothering to listen, she is basically just one straw in a stack of hay. If everyone decided not to purchase products because of endorser’s opinions...no one would be buying anything. But this will never be the case. Non issue imo
No I didn't. I never once implied that a major bev company would be interested in buying the brand regardless of sales volume. I think it is rather obvious that significant sales volume would be needed to attract attention. I only said that the interested party wouldn't care about the financial details of ICNB. They would only care about the value of the brand to them...and how they could continue to grow the distribution and volume further. They wouldn't need an ICNB audit to find out what they need to make a proper valuation and subsequent offer for the brand.
I disagree. I think most people here already have a decent idea what Q3 revs will be...approx 90-100% increase over Q2. People are holding now awaiting Q4 imo.
I will...and you do likewise. These major adult bev companies are in close contact with all the major distributors (Winebow, Southern Glazers, etc), as well as all the major chains. They speak to them on a daily basis. It is not at all difficult for them to find the info they require. Good luck to you.
Please direct me to my comments where I implied that sales didn't matter. There is no need to twist words...or to move the goal posts in the argument.
Again, you are over-complicating it. You are making it sound as if there are massive hurdles involved with the sale of a brand. There are really only two....customer demand and product supply.
Not really
You are talking about auditing a company now. I’m fairly certain we were discussing the sale of a brand.
Not the same thing
It’s simple, Toy. None of the stuff that I was talking about has happened yet. The first ‘major’ surge of sales volume for the brand isn’t on the books yet...
Nobody would buy a brand without knowing these things. But what you are not considering is that any major adult beverage company already has ample contacts in the industry…and pretty much knows what is going on. It is their job to know. Getting the exact details… past invoices, distributors (which are already their own clients), etc.… That is not hard work. You are severely over complicating something is not that difficult.
It is actually a lot more likely that somebody wants to buy just the brand. As far as a potential buyer finding out past sales…That is a simple matter.
I’m sorry but you don’t audit a brand. Any major company looking to purchase the Bellissima brand knows exactly what particulars to look into and has the appropriate resources to do so. You’re reaching a bit here
Mid November I believe
And we are not even discussing the purchase of a company here… Just a brand
They wouldn't be buying the company....all they would be concerned about is the brand and its worth to them. If you are suggesting that a major adult beverage company would not even make an offer for Bellissima without ICNB audits first, I would just say I disagree and leave it at that. The brand's value to them has zero to do with ICNB. Money is money.
And they will from Q4 last year through Q3 this year. Q4 this year will be way higher. If some want to assume the Publix deal won't have a significant impact, that is their right....and not my problem.
Sorry but this makes no sense. If a brand is showing tremendous growth and popularity it will attract buyers. It has nothing to do with Rich, his past, ICNB, or its share structure. If a company wants to purchase the brand, they will make an offer for the brand.
What that offer would be worth to ICNB shareholders is another topic entirely, but to say Bellissima is not attractive as a brand acquisition to other companies is ridiculous. All they care about is the brand's popularity and how they think they could continue to grow its distribution and volume.
The kids are playing again...nothing more
It does about every week. It doesn't go unnoticed. I'm reminded of the baby bull in the old story that teaches patience.
I agree
Good luck Penny
I would say Target, but who knows? It's fairly logical to assume they have their eye on it already since it's being tested in some stores....and apparently doing well.
I believe you are reading the tea leaves wrong here...we will see
And the 20 dma (.0072) crosses above the 50 dma (.0072) today.
It is ridiculously short-sited. But yes, to each their own.
I couldn't agree more
I feel sorry for anyone who comes to these boards thinking they will find the truth of things. jmo
I understand your theory, pocket...I just don’t agree with it in this case. Good luck
Thanks for the advice PS...good luck
Good luck Penny. Hope your next stock purchase is a more timely one for you.
I will agree to disagree with you. Neither one of us is going to change the other's mind.
With statements such as this, why would anyone believe you? It is beyond absurd.
For Q3 that looks likely. For Q4 it goes way above and beyond 100%.
No offense PS, but your opinion seems as consistent as my golf swing (not very). You're high on it one day or week, low on it the next. To me it screams 'impatience'. This is, of course, only my opinion. GL to you