RE:RE:RE:RE:RE:RE:Earnings Release Scheduled for February 13, 2020Always a pleasure and informative joh, quality is job1 in this industry always has been and always will be and FIRE has been on that path from the jump....it is a, if not the, "winning horse".
But the insanity and bullshite from the dark side is nothing but noise and failed prattle...the new trim/ processor is a real game changer and a key piece to the guidance timeline and provides much clarity to the backloaded intent of the guidance production. Yet we hear bullshite about 'poor sales' in the report due?...SP levels show FIRE is failed and failing, shunned by the investment community, that even knows FIRE exists, and the baseless bullshite prattle continues ad nauseum.
The report due on Feb13th is not expected to be big sales, neither is the first part of current quarter but ramping up significantly for the latter part of the quarter, with substantial production/growth for FQ4/20....everything today is on track and consistant with guidance. This is the best news in the sector for investors and more importantly for those that own, especially the long and longers.
The shift to in-house packaging and upgrading production capacity with equipment like the Turbo Trimmer and most importantly all while maintaining the quality of product shelved is the best fukking story in the sector.
Everyone needs to do their DD at all times and buy, sell, hold or nothing at all and you will find FIRE to be of the Ford, GM ilk in the beginning of the automotive industry, with the caveat of being able to maintain the consistant level of quality at all times. If the the cost of expansion/growth is shelving grass they will fail but this does not appear to be in the cards at all.
FIRE is uniquely positioned to continue to shelve the quality of product while eccelerating the quantity of product shelved and will generate the numbers investors are looking for and those that own have been waiting for, JMHO...Opt
johnale wrote: For bottling - the response I got was that the team runs 7am to 5pm for bottling - 7 days a week.
for finished goods - Im not sure. Thats a good question for IR.
I have done a lot DD on fire - as with the sector collapse you really have to determine if you picked the wining horse.
I had a thesis on the sector that a premium/differentiated product - was going to be a winner compared to everyone else who is producing the same product.
Growing premium at scale is hard - and is a barrier to competitors. It had to be purpose built like fire.
The culture and team at 7acres exudes this - and they are able to attract a lot of top talent as well.
Reviews and consumer data confirm the thesis - rewards come with the revenue growth.
Its about execution now - and the last few news releases confirm this.
We need to see 2 solid quarters Feb 13 and then again may 13th - (basically the next 3 mths)
Then the real investors will be back - and we should all do well.