Sweet or Sour? Candy Co. Doubling Rev YoY at 6x NTM P/E ($SOWG)
Sow Good trades below 6x NTM earnings after retiring debt and raising $12.8 million to expand freeze-dried candy capacity amid rapid…
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Food & Beverage
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55 stories
catechwilliams on X
$CVGW Situation getting : 1) being investigated by SEC, DOJ for bribery, cartel dealings, 2) intensely competitive biz, losing customers/ share w zero earnings; 3) sale of struggling prepared segment faltering. None of this is priced-in yet. Next 2 quarters likely a disaster.
catechwilliams on X
$CVGW It appears DOJ and SEC are investigating for Foreign Corrupt Practices Act violations in Mexico. Could result in fines, revocation of FDA license to distribute in US. Shocking no one is considering this existential risk. https://t.co/Icgbfgjn4a
catechwilliams on X
$CVGW Announced expanded FCPA investigation by DOJ SEC related to Mexico ops (ie. cartel dealings). Likely large fines, potentially criminal charges. Customer losses almost certain, big grocers, restaurant chains want no association. Unclear how it isn’t down >50% on this news. https://t.co/KnTFnsTbcs
catechwilliams on X
$CVGW Trainwreck coming--Delayed filing (again) due to issues w internal controls. Potential restatement? CEO has a history of playing games. Commodity business deteriorating due to competition. Desperately trying to sell-off assets.
catechwilliams on X
$CVGW Just delayed earnings release and 10K filing date 1 month, changed filing status. Note the ongoing dispute w Mexican authorities for tax underpayments. That liability is nearly the size of $CVGW mkt cap. The jig may be up.
We can get some extra votes. Pity they are worthless and scumbags are in charge of governance.
Campari’s five-year loyalty plan grants five votes per share, letting its controlling shareholder sell stock while retaining control and…
