Replies to post #38181 on California Grapes International, Inc (CAGR)

[EXL]

I am not really expecting anything huge from the financial.
You have to look at the potential that this company has. They are still establishing themselves as a distributor in China.

Therefore, you cannot analyze their financials in the same manner as you would the financials of an already established company with years of experience.

To me, the fact that they are doing the right thing gives me comfort and hope that they will be successful.

GLTA

[farsue]

Codesters... agree with most of ur points but only on the more optimistic points underscored in ur message below... and the propelling force fuelling this optimism will be the statements previously made as follows:

China's savory snack sector is the fastest growing sector in the food industry, overall on average Chinese consumers spends 9% of their total grocery bill on snacks. Mr. Eddie Gao, Director of Operations, stated, "We are honored in having the opportunity to distribute and represent such a high quality snack line. This will be a perfect fit in our existing distribution chain." Additionally Mr. Frank Yglesias, CEO, stated, "Our goal is to start maximizing sales revenue in the community store arena;

... Snack food sales guesstimates(revised lower figs*) for Q4 = Net Sales $555* Gross Profit $111*
N.B. ... (figs in '000s) Gross Profit (est. @ 20%)
... Click on link to see data for above:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59305457

Codesters Share Thursday, January 27, 2011 11:48:28 AM
Re: Alyssa post# 38180 Post # of 38241

It is a great improvement, yet not to bring doubt, Frank is going to be campaigning and promoting all year at F&B shows and conventions. I believe that this Q4 has been a substantial huge gain for GDHI but only to be quelched by a new payroll for the new Executives, its OK. This will be another low pps year, but this year there will be highers sales but low profits after payroll & promotional expense. I expect by mid or late next year where we can see a slight change, But the only way a change can be is with minimum 2,500 stores. 1,000 stores is not enough to turn over sales + profit. Didnt one PR release say Vanguard has 4,600 store for Frank to Market in? That would be great 6.6K store!