It's the least they can do. Down 20%. Hopefully the AGM brings good news
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assume they are desperate to book sales... even with a discount
Very very crowded market, not for me this one , too many shares given to the fish heads for what ?
Took up my offer of $40 discount and the one thing I really wanted was sold out. The more I look into this the more I realize that their product is very average but that doesn't mean it won't be successful. I only holds $500 worth of shares for giggles.
Someone on Sharsies commented it was the best return they've had in the share market - $40 voucher for having $5 worth of shares!! :p
If you read some of the code it seems like its a Shopify website reading the CSS.
So its a put bits here and there program make it yourself, hence why some of the layout is off.
not even had a developer build the website.
example supplements and skin care up each side disappear when scrolling up after there visible should have a higher z-index and the icon in top left corner goes over my mouse that's just at the top not to mention further down!
A few of you guys just keep repeating yourselves. Don't be surprised in a few years if you got this completely wrong
What can we expect from the AGM on Friday? The SP is getting hammered
Low volumes driving it down. Im expecting some decent updates. Have a rough idea of online sales already and i imagine in store sales are quite a bit higher. China sales in November will also drive sales heavily.
You're comparing this to a cancer screening company?
Hi average
Put you name with mine and we as a team are above average eh
Mee will be good
If i recall i think trilogy acquired ecoya? Potentially that's also in to the mix to do something similar. To early to say if it can be as big but the opportunity is definitely overseas
Haha sounds good to me! Yep things will come right im sure. No denying though AGM will be important
Stand corrected! Yep they certainly do
Most thought Ecoya were a joke when they IPO’d
Exit plan worked ...sold out at great heights
Did anyone get a shipping confirmation of their order this week? I personally have once gotten 321 Shopify orders out in one single day on my own so not having had any shipping is horrible. If I had paid full price I would already give them a serve and go full-on-Karen on them.
Did anyone tune into the AGM?
Pretty inspiring
Reminded us of how the people driving it have a great record of success (in making shareholders rich) .... as well as connecting with champions
Love the talk of going into Greeen Cross and mention of Diagou never goes astray
Great NPD
In 2 to 3 years time when share price is over a buck we'll look back and say jeez those guys were right
Think i asked majority of questions lol. Yeah some novice asked about why the SP went up then down. As Grant Baker said this is a 3-5 year plan. Just buy and forget and ignore the noise. Work starting with Japan and Aus now. China just starting too in terms of ecommerce sales.
One thing some people don't realise is they already have connections in place which makes things a lot easier
Everyday for the last week on Instagram MeToday have shared ATLEAST half a dozen instagram stories on their page. Most of which depict that they have received their product for free.. trying to garner ambassadors I guess, doesn't seem like they would be shareholders given the $40 voucher.. I wish they were paid sales. Hopefully it pays off.
Volume lately suggests SP is heading down towards the 0.075 mark..
I agree. I don't get their Instagram account sometimes. But yes still low volume. Lets see if people start panic selling
Here we are. Down to the resistance at 0.075.
Just discovered they have a MeTodayUK page on instagram. Though not many followers
First TV campaign is getting released tonight, featuring the one and only Beauden Barrett 😎
Looking like SP is ready for a reversal
Great to see them putting that marketing money to use. Beauden representing the brand on TV is exactly what I wanted to see.
Finally got there haha
Well oversold. Impatient sharesies traders off to cannasouth for a quicker buck
What makes you think its oversold? I hope so. I'm not a technical analysis investor though
People are selling this at new lows just to get out. Impatience has got the better of some people. Am thinking we see a decent update before years end. All IMO
All sellers and no buyers. This is heading south fast. Wonder why
They'd be better signing a major female celebrity
All going to plan
http://nzx-prod-s7fsd7f98s.s3-websit...107/336299.pdf
Is Japan a big supplement market? But then they have just launched a skin care range too. Might have to do some research into this company to see whether they warrant an increase in stake. At current numbers 30m MC is hefty but growth rates will be interesting. If overheads can be kept down it might be a worthy investment.
discl. Only hold the minimum as I was a small shareholder in the shell
Haha im still around. Im just patient
I would not be surprised to see first distribution agreement by Jan
Bought some products today half price.. honestly I wouldn’t buy them full price. (Way more expensive than anything else I’ve seen, apart from Usana)..Will see how good they seem when I get them.
I saw that to. 50% off everything.. I'm sure they will still have a pretty margin with this sale which is good for Shareholders. I was looking at getting some products earlier for my partner for xmas however they obviously not targetting me as I wouldn't pay what they're asking.
Happy that they are new company and are not looking to beat other brands on price entering the market. This is a good thing.
I disagree. That isn't the positioning they are after. They would not want this in supermarkets as that puts the brands reputation as a cheap product. Their oils are placed next to trilogy exc in the pharmacies. The current pharmacy network is a pretty good start imo. There are heaps of them. The money will be in stocking similar businesses overseas to grow sales.
I saw plenty of ME products in Orewa New World on Christmas Eve...
I think you are mistaken... There's another brand called ME for sanitary products. Me today is not in supermarkets
Hmm, my mistake. It was a cursory glance, should have looked closer!
Easy mistake! It just launched a few months ago too via zuru
Anyone know what date financials are due?
They did a month ago
27/11/2020, 11:47 am HALFYR
Me Today results for the six months ended 30 September 2020
https://www.nzx.com/announcements/364107
26/5/2020, 3:54 pm ANNREP
Me Today audited result to 31 March 2020 and Annual Report
https://www.nzx.com/announcements/353710
This has been ripping lately up 1 Cent since i bought anyhow.
Haha yeah i added today. Due for a reversal
Time for gains after good sale result recently
I still haven’t received my product that I ordered... it’s been like 5 working days. Will be excited to finally receive and check them out.
Weird. Maybe follow it up?
Got the products I ordered about a week ago on Saturday they are good and well packaged, I am happy! I’m a bit worried about the price of the products when they are not on special though. I mean the same kind of thing is $20 at the supermarkets by decent brands and you get like the same if not more capsules, and the sunscreen is a rip off at $40 for 200ml of spf 30.
How is MeToday going to survive? I know they are meant to be a premium brand but honestly they don’t look that premium to be paying almost double the amount of money for half as much product..
I bought some more products during the sale! Encouraged all my mates to do the same I am really happy with the products I already have been using. But I wouldn’t buy them at the full price lol!
Dont disagree. I think their price point for their supplements is between 25-30 dollars. Oils exc im not phased by that pricing. When I asked at AGM about pricing they did say they were still playing around with it and i guess they will be figuring this out
What still trying to figure it out? Really.
Too high at 40 bucks so it will be interesting to see if they keep prices but just promote sales
What was your order number BTW? Can work out how many online orders there have been
Someone should order something and see how many orders have gone by in a week lol.
I rounded my order number up as didn’t wanna say exact number obviously.
I’ve really enjoyed taking the men’s daily plus the focus and energise supplements, but the lip balm is awesome, got it for my GF but I’ve commandeered it :t_up:.
Got my girlfriend the women’s duo combo which came with a little bag too, and she was really stoked!
Haha yeah i was going to say round it! Nice that's good to know. That's probably a rough estimate. I don't know how many freebies they gave out to shareholders so would have to minus that. Definitely majority of sales are for sure in store. Good you two are enjoying the products man haha. I've been using the magnesium and energise too :) might have to try that balm too lol
Il order in a bit and update when i do with order # Still reasonably happy even though SP finished down today. Somone or someones definitely accumulated as of late
Sweet mate, let us know! Yeah there hasn’t been too much volume lately but there’s been a bit of buying I guess, but that got handed back last few days!
I’ll definitely be holding and doing another order in a month or so and can update the order number “roughly” again :t_up: I didn’t even think about in store purchases lol. Forgot about that, I bet that accounts for a lot more of the sales.
Not too sure why there's so much selling volume the last few trading days, I'm expecting their sales to grow a lot from what they reported in November.. On second thought I suppose it's not a large amount, maybe $30,000 worth of shares traded today lol...
Anyone have any reasonable guesses as to what proportion of sales are in stores and online? from there we could work out roughly the revenue generated to date..
Definitely will haha. The store sales i honestly reckon are close to 70%.. Potentially higher!
Yeah those low shares are getting scooped up now and support comes in at 7 again. On the volume side its so low compared to the actual amount owned. Really hoping we get a business update soon! :) Doesn't help UK is in lockdown where distribution agreements are brewing
By that logic and the online sales to date of roughly $280-300k then they sold maybe $700k in stores.. but that would be since they started operating under the brand name me today I guess, because those order numbers I assume start at 0 when the company began trading? It’s fun to ponder these ideas :t_up:
I’ve read the annual meeting presentation and some of the interim financials, im probably expecting around $800-1000k revenue for the year. I’ve been too busy but I’d like to run a bit of analysis on this company, reckon it will be a beast in a few years.
I missed out on my chance to accumulate at $0.072! Hopefully there's another dip soon :)
Yep and Japan haha. Aus on the cards too. I agree. Chuck in some good acquisition and boom!
Very quick recovery and not surprised haha. Was a good top up opportunity!
I hope the action over on the Taobao Tmall picks up over time. I count 407 total sales across the whole Me Today range with the valerian Good Night capsules being the most popular product at 83 units sold. Their Tmall online store looks rather attractive so with a little well placed marketing and some building of brand awareness they may be able to capture the Chinese market yet. There is a similar price tactic over there to what we've seen locally with a normal price established which is then heavily discounted. I'm still unsure whether this is a smart play for establishing the product or if customers will be turned off once the actual price becomes a constant. Anyway, this will be an interesting one to watch for sure, especially now that the SP is on the move and volume is picking up again.
Can you read mandarin? I also have managed to find their store on little red book but i have no understanding to actually read reviews or sales.
Hey guys and girls, I have some intel on a recent online order :) plus counting my last two orders -
The numbers are rounded just so theres no actual order numbers being stated on the big old web!
I start from my first order:
1. order 460X my order in Dec 27th
2. order 477X on Jan 19th 21
3. order 482X Jan 29 the latest order.
so by my math -
there were 171 orders in the 23 days between 1 - 2
then 53 orders in the 11 days between 2 - 3
that's 224 orders in 34 days (or 1.2 months ish)
If you went off that math as an average each month which won't be very accurate statistically that's approximately 186 online orders per month (28 days).
assuming the avg order is $40-$120 - roughly $7,400 - $22,300 revenue per month.. Is this good enough for the online sales part of the business? Hmmm.. I guess the store sales are much higher, and the potential for growth is huge, specially in China Aus and UK.
Anyway just thought I'd share, I paid $50 for this bit of "intel" plus got my Girlfriend a nice couple of goodies :t_up: HAHA.
As per their last update, revenue was $580k for the 6 months to 31 Sep 2020. So $96.6k per month.
For me the best way to measure these companies is to track the month on month growth or quarter on quarter.
What is their cheapest product? If you had a reasonable holding and wanted to keep an eye on your investment you could buy their cheapest product on the same date each month for 6 months and see what the trend is on order numbers. Your sample above is too small to draw any solid conclusions.
I realise that, I believe their lowest value product is the lip balm at $15 regular price, but it is $6 shipping lol.
I will be a regular customer though maybe not monthly for supplements and things. Although I'm not a big shareholder as it's a bit risky, I might as well support the company I'm investing in while getting my sups!
We have a bit of a sideline web sales business, as an adjunct to our main/different business. We do more than 200 orders per month, averaging about $65-70.
Best aspect is we get the retail margin, instead of selling wholesale to another retailer......
My partner can read Mandarin so I sometimes get her to translate the website for me if the Google translation isn't sufficient or if the text is transposed onto the images. I've been looking through the website again today and they have special offers available for bulk bulk. The discounts in these cases are really significant so fingers crossed they will encourage wholesale buyers or help smaller stores become stockists of the brand. One disconcerting thing I found is many of the more popular Me Today products on the store are temporarily unavailable. The optimist in me hopes that the products have been selling like crazy and the sales figures on the website haven't yet updated. The realist in me suspects that not much stock has been allocated for the international online store or shipping costs have become too extravagant to be worth it.
The reviews on the products are overwhelmingly positive but it's anyone's guess how authentic they are. I'm not sure how well the reviews are vetted at Tmall but they are each accompanied with a personal photo of the product.
Long story short I still don't know what to think of the Tmall side of the business. It looks and feels great but will it move product? The Unichem Tmall store is showing similarly underwhelming sales figures for Me Today. Apparently to promote a certain product or store and move it to the top of lists on the website it costs money, how much money is anyone's guess. It will no doubt get washed up in Me Today's marketing spend. For now we should focus on the New Zealand sales I guess.