Supplier and marketer of health products to the international market.
Security Type: Ordinary Shares
Sector: Food
http://www.onlgroup.co.nz| Title | Date | Type |
|---|---|---|
| ONL Interim Update -Restatement of Key Operatin... | 16 Jan 2018, 04:10PM | NXTUPDTE |
| Interim Update - Restatement of Key Operating M... | 12 Dec 2017, 09:40AM | NXTUPDTE |
| Oceania Natural Limited Interim Report 2017 | 30 Nov 2017, 05:03PM | INTERIM |
| Oceania Natural Limited acquires “Water for Eve... | 30 Nov 2017, 04:13PM | GENERAL |
| ONL Q2 2108 Business Update | 27 Oct 2017, 03:48PM | NXTUPDTE |
| Quarterly Results | Target Financial Year | |||||
|---|---|---|---|---|---|---|
| Key Operating Milestones | 1st | 2nd | 3rd | 4th | 2018 | 2019 |
| Total Sales | $2,780,000 | |||||
| New Zealand Sales | $376,000 | |||||
| Overseas Sales | $2,404,000 | |||||
| Water Sales % of Total Revenue | 55% | |||||
| Total Litres of Water Packed | 1,250,000 | |||||
CM Partners Limited
www.cmpartners.co.nz
| Quarter Business Update Due | 30/01/2018 |
| Quarterly Date | 31/03/2018 |
| Quarter Business Update Due | 01/05/2018 |
| Full Year Preliminary Due Date | 31/05/2018 |
| Annual KOM Targets Due | 31/05/2018 |
| Quarterly Date | 30/06/2018 |
| Annual Report Due Date | 30/06/2018 |
Oceania Natural is a natural health company committed to producing and supplying high quality products sourced from the Oceania region. It offers a wide array of products including Manuka Honey, Noni juice, dietary supplements and body care products. The products have been marketed under its Rich Garden brand, to both domestic and international markets. These products are manufactured by specialised third parties, and Oceania Natural has been focusing on maintaining strong working relationships with these existing suppliers while taking steps to diversify its manufacturing base.
Oceania Natural sells into the international market via multiple channels, including its own branded physical stores and online stores, third party retailers, and distribution partners. The company has been targeting the Chinese market and established long term relationships with its distributors in China, with the intention of making the most of China's ageing population and the New Zealand-China Free Trade Agreement. The company will also seek opportunities to enter new markets.
Oceania Natural has been operating as a shell holding company since May 2015, it has achieved its business goals by acquiring established businesses and will continue to seek other acquisition opportunities.
This information was extracted from the half year report produced by Oceania Natural Limited released on 30 November 2017:
Today Oceania Natural Limited ("ONL") is releasing the results for the six months ended 30 September 2017, a period focused
on realigning the business and product range to sell through various sales channels developed through China and New
Zealand. This period has seen management focus on new business opportunities that will allow the Company to achieve
greater sales, during what has been a slow start to the financial year.
Manuka Honey & Manuka Bonds
In January 2017, ONL indicated that Manuka honey was no longer a key product and that the company was looking at alternate
products to market and export to China. While ONL continues to receive enquiries for Manuka honey, pricing remains under
pressure and demand is lacking. ONL will however evaluate each enquiry upon its merits until such time as existing inventories
are sold.
ONL is no longer actively promoting nor accepting Manuka Bonds, given the impact of the change in selling prices into its
export markets. Bulk honey may be sold or used to supply New Zealand customers. Currently, Manuka bondholder's
investments mature from February 2018 onwards.
New products
In August 2017, ONL invested in a water bottling and manufacturing facility, following trials of export product to China. During
the six months ended 30 September 2017, 23 containers of water have been exported as part of ONL's strategy to expand its
product range in its largest market, and in response to the demand for "clean water".
Feedback is encouraging and ONL is now looking to further invest and upgrade the facility in order to increase export volumes
to maximize the opportunity for both the New Zealand and Chinese summer periods. ONL is currently in discussions with the
plant's tenant and local brand owner of bottled water, concerning future partnerships., ONL will update the market once these
discussions approach conclusion.
China Update
The China based subsidiary, Oceania Natural Wuxi Limited ("ONL Wuxi") continued to sell into new sales channels and
distribution partners. ONL Wuxi will continue to on-sells product through their platforms and channels into this market. Having
worked closely with these new partners, ONL now has a better understanding of what products are in demand, together with
geographical variations, and can now look to satisfy this demand.
ONL will look to secure additional product in order to meet traditional strong selling seasons in China for Christmas, Gregorian
New Year, Chinese New Year and Valentine's Day.
Beyond China
During the six months ended 30 September 2017, ONL Noni juice was shipped to Japan, Korea and Singapore. These markets
continue to grow, albeit off a low base, and remain key to grow export markets, and ONL has identified a key products for its
future growth.
Disclaimer: This section is provided as general information only. It is not intended as a substitute for legal or professional advice to company directors and officers or investors. NZX Limited disclaims any liability arising from the use of this information.