Jump to content

YOW - YOWIE GROUP LTD


ShareCafe

Recommended Posts

  • 3 weeks later...
  • Replies 56
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Posted Images

  • 1 month later...
  • 8 months later...
Yowie is pleased to announce that the Yowie owned high speed wrapper located at the Whetstone manufacturing facility has been cleared for relocation into the Madeleine Chocolate Company in Rockaway Beach, New York.

 

A legal challenge by the previous Yowie manufacturer Hank Whetstone to retain the equipment was heard in court in Florida on Friday February 26th, 2016. The court found in favour of Yowie Group Ltd. A small quantity of Yowie owned raw materials is also being recovered from the Whetstone facility.

 

In a separate notice Mr Whetstone has been instructed by lawyers acting on behalf of the Company to cease using the Yowie brand, product or Yowie related materials in advertising for his manufacturing facility and services

gotta love those seppo's and their sharp practices

Link to comment
Share on other sites

  • 4 weeks later...

first the bad news

... one day before Yowie and the Sheriff of St. John's County, Florida were scheduled to remove its spare wrapper and a small quantity of raw materials from Atlantic Candy Company's facility, ACC used a procedural mechanism under Florida law to post a $562,500 cash bond temporarily preventing Yowie from removing its materials from Whetstone's facility.

 

It is important to note that the presiding Judge in the case has already ruled that the wrapper and miscellaneous material belong to Yowie, should be returned to Yowie, and that ACC has no right to use the wrapper or any material. ACC's decision to wrongfully hold Yowie's property subjects it to possible monetary liability, which will be pursued in due course. ACC has lodged a counterclaim against the Company and this is currently being reviewed by the Company's US lawyers.

lawyers cost small companies; not to mention the production impact

 

But later in the day

Yowie chocolate candy product is now available in national distribution in the largest drug retail chain in the United States. Yowie will go on sale in around 6,500 stores from April 2016 and will be featured in the novelty section of the confectionery aisle located in the center of the store.

 

Distribution has already commenced to stores with 10,000 cases of product in the process of dispatch. The Yowie North America dedicated account management team will be actively supervising individual store performance on an ongoing basis to ensure an agreed customer service integrity scorecard is maintained.

This is the third tier one U.S retail account in the drug/pharmaceutical channel and comes in addition to Walmart in the mass merchandising channel and Safeway in grocery. Yowie is now ranged in between 23-25,000 stores with sales recorded across a range of 45 current active accounts and/or, account groups including mass merchandise, grocery, convenience, oil, drug, specialty candy stores, brokers and distributors.

 

range of sales in the day: open 63c, low 58c, high 73c, close 71c

Link to comment
Share on other sites

  • 2 weeks later...
from the Dec 2015 AGM Investor Presentation
First confectionery licensing launch in development (Angry Birds) with advanced discussions in relation to other Yowie Licensing opportunities
I noticed the Angry Birds animated movie is due out in May 2016 - wonder if there will be linked merchandising opportunities? Anything to help a flagging shareprice
Link to comment
Share on other sites

  • 3 weeks later...
first manufacture of the Angry Birds chocolate candy product has been completed off the new production line at the Madelaine Chocolate Company. Production has been completed on schedule and in time to fulfill all customer order and delivery requirements.

 

Distribution of the Angry Birds product is underway and will shortly be in selected retailers to capitalize on the lead-up to the release of the new Angry Bird movie scheduled for May 20, 2016.

YOW has moved up from sub 60c to 71c in the past few days, on the strength of this Ann?

 

the success of the merchandising will be dependent on the movie success., and it will be interesting to see if the Angry Birds team can translate the game/ app to 90 minutes of screen-time. Over to you, fickle public

Link to comment
Share on other sites

Yowie powering ahead - Quarterly out this morning; SP up to 83c

 

- Second consecutive quarter of positive operating cashflow

- Highest quarterly sales since company inception

- Strong Easter sales performance

- Ranging has now increased to 23-25,000 stores with sales recorded across 45 current active accounts and/or account groups

- Angry Birds will be launched at the 2016 Sweets & Snacks Expo in May. Other licensing concepts are in development.

Link to comment
Share on other sites

  • 3 weeks later...

several positive announcements recently for YOW

 

- Gains access to 10,000 new convenience channel outlets in USA

- signed a three year Licensing Agreement for SPACEPOP, a new music and fashion-driven brand created to appeal to tween girls.

- NUMBER ONE selling and fastest growing novelty candy item in USA

 

cracked $1.00 today, and got to $1.05

Link to comment
Share on other sites

Trading Halt pending an anticipated announcement by the company regarding an equity raising

Yowie Group is seeking to raise $25 million in an institutional placement at 90ÃÆâ€â„¢ÃƒÆ’ƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚¢ a share. Funds raised would be put towards marketing, sales, capital expenditure and working capital, according to terms sent to potential investors. Canaccord Genuity, along with co-managers Harleys, Morgans and EAS Advisors, working on the deal.

and well 'anticipated' by some.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...