Yohoho
2021-05-13

$Tattooed Chef, Inc(TTCF)$ $Beyond Meat, Inc.(BYND)$$THE VERY GOOD FOOD CO INC(VRYYF)$

After reading the earning transcript, I decided to add on my position tonight.

The result is just amazing!

Several hightlight that make me feel excited!

1. Company revenue is better than company expected.

2. Company raise the full year guidance from 222m to the range of 235m - 242m

3. Merger and acquisition of 2 private company to expand their food variety into Mexico's cuisine (which is another billions dollar market)

4. Increase of stores and distribution plan on track as proposed by management previous quarter.

5. Target announce that tatties chef products is the most successful frozen food launch in the Target history! Wow!

6. increase SKUs in the stores. (simply means the product is selling very good, and they able to put on more variety of their product on shelves!)

7. Management is well aware of possible inflation. And guess what, they are not worry, because their business model is vertically integrated! They have the pricing power! Gross margin will maintain at 20-25% for this whole year.

8. Management is very confident that estimation guidance for revenue on 2022 can be achieved.

9. New ambient products (non frozen food series)

I am not sure about you, but after the earning calls it only boost my conviction in this stock. Well positioned on the trend, excellent management, fantastic business model, and of course, great investment for the current moment! 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Chun7
    2021-05-13
    Chun7
    Same here, my most confident US growth stocks now. Even if there is a hike in interest rate or hyperinflation, food is still an essential and the company has minimal debt for a growth company
    • Yohoho
      Yea. They are slowly building its own moat. The main risk I always pay close attention is consumers. If anything happens to the food such as poisoning etc will affect its brand.
  • Mr里斯本
    2021-05-18
    Mr里斯本
    你这家伙很VI College lo [正经]
    • YohohoReplyMr里斯本
      没事股友,你没做错什么啊。大家一起学习!我深怕自己造成你的误会,我才应该道歉
    • Mr里斯本ReplyYohoho
      Sorry
    • YohohoReplyMr里斯本
      我去查了一下,但我跟这些投资大师无关。我的评论也不是在推广任何股票,只是纯粹写下感悟和心得方便交流,希望您不要误会
    • Mr里斯本ReplyYohoho
      表假假 [呆住]
    • Yohoho
      ?什么来的??
  • JeLee
    2021-05-15
    JeLee
    [666]
  • Alihuat
    2021-05-13
    Alihuat
    same here
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