Post by
Lineminer on Feb 24, 2021 12:04pm
Positioned PLUS Planning well !
I would like to inject an opinion of hopefully positive input. I was IN originally at under $2 - just after IPO - and OUT - before end 2020 - because I thought VERY was too small to in a VERY big market ! I bought back in again in January - because I believe that this company not only has a product - but solid vision and solid project management ! Listed now approx 18 months and their planning seems impeccable ! 1) They have planned for transportation and logistics for distribution ! 2) They have organized distribution partners for "shelf space" and visibility! 3) Now they are finalizing additional production facilities! 4) The VERY team are positioned for the huge US market with facilities planned in California ! (which should meet the Biden - BUY American policy) 5) Expanded both their product line and visibility with a new Flagship Storefront presence in Victoria - a city with huge tourist appeal! 6) Planning for E-commerce - the new reality is ongoing . Any project tends to have a "doldrum" period while the background realities are put in place to meet the planned outcome. I believe that VERY have done this in both a responsible manner and timely fashion to achieve growth and production WITHOUT future "hiccups" and customer dissatisfaction ! Sure the SP is down in a "correcting" market - I am however feeling positive in management positioning in the huge new plant based food market space ! Ciao and glta
Comment by
PhDtrader on Feb 24, 2021 7:46pm
Yes, VERY is set up on the 2021 runway (no 2020 takeoff, but sp doubling at least). Smart, strategic moves so far - excellent product line - and on the point marketting. Let's hope they keep that up