Post by
jermiah777 on Jun 17, 2022 12:29am
EWG's management team
In Marc's interview on powerplay, after he highlights that each of the 3 businesses have met targets, he then says something that I find quite interesting. I will quote it. "Sabrina, I just want to add two things for your audience to think about". " The 1st is it is easy to forget what is behind us. But our management team has led through multiple waves of covid, drought conditions, mudslide,supply chain pressures and even geopolitical instability. So what investors can look to is , a management team that knows how to execute, and knows how to work through challenges, and to do it with fundamentals and profitability." Well, now it looks like another challenge may be an economic slowdown...maybe a recession. The good news is , EWG's products are food, and food that is economical and healthy and is sold in grocery stores. People always need food. And during a recession they will find economical sources of food from grocery stores instead of restaurants and delivery. So I think this management team is up to the task of keeping the revenue sales going even during a recession. The 35 countries that are buying the products from Belle Pulses are certainly going to keep buying. Food security is a huge issue and this will keep this segment going wide open. But the people that are buying Amara and Sapentia's products from the grocery store are going to keep on buying. For their products are not a high expense item, like a t-bone steak or salmon steak. People likely will cut back on the expensive items from the grocery store. But a healthy snack like protein twists from Sapientia likely will continue to be purchased. And baby food that is very healthy and economical will likely continue to be purchased. So, I think we are okay. We might even do better during a recession as food will become a much bigger issue .