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Re: confuciussay post# 26751

Saturday, 08/11/2018 6:46:30 PM

Saturday, August 11, 2018 6:46:30 PM

Post# of 186029
If I understand it right, I believe the switch was from them being a wholesaler themselves to being a retailer, which means instead of selling products from manufacturers, like a Nabisco, Keebler, etc. to grocery stores, they are actually starting to make their own products to sell to grocery stores. This should substantially increase their profit margins. Then, I also read that they are trying to get other manufacturers that want to get into the GCC countries, to use them as their wholesaler, so they aren't getting out of being a wholesaler completely. This is probably a great strategy, in case their own products don't take off.

Anything I say here is my opinion and not to be used to influence any investment decisions.