Chill Brands shares surge on non deal – do a google search!
By Tom Winnifrith | Friday 19 August 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
We have not had any hard sales data from Chill Brands (CHLL) for an eternity. We had interims to 6 months 30 September 2021 then an admission that much of the H1 revenues booked may have to be backed out when FY to March 31 numbers are eventually released. In early May there was an admission that offline sales through retailers were essentially zippo and a claim that online sales via Chill.com were up by 30% in the three months prior. 130% of SFA is still SFA.
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