Monday, March 30, 2009

Stock Price

Stock price is on the rise at $6.22 today, RMCF still has increasing stock price over the last months when their competitors are still in the negative.

Saturday, March 28, 2009

End of the Week

Stocks closed at $6.12 down from $6.40. The news this week in the confectionary industry has been pretty dull, not much going on. http://finance.yahoo.com/q/in?s=RMCF I did find something interesting on yahoo finance that Rocky Mountain Chocolate Factory is number one among its competitors in Dividend Yield and is second in ROE behind Hershey, so their shareholder should be happy with the company overall.

Thursday, March 26, 2009

Stock Price

Stock price closed yesterday at $6.30 it is moving up. I hope it gets to $7.00 before we closed the semester.http://finance.yahoo.com/q?s=rmcf

Tuesday, March 24, 2009

New Chocolate Packaging

First thing is that the stock price soared yesterday, just as NYSE soared. All of the stock prices come from Yahoo Finance http://finance.yahoo.com/q?s=rmcf RMCF closed at $6.14.

Nestle' a competitor is developing Kansei design for their chocolate. Basically it is a design feature used for cars and Nestle is using it for Chocolate it is supposed to tap into consumers emotions Nestle says is will increase sales, profits and target specific markets. Toyota has been doing this for years and it must be working for them because their sales and profits have definitely increased. I am going to add a picture of the packaging that Nestle is using, I do like it it looks nice and appealing. If Nestle gets ahead of the competition with this idea, it should bring in more market share from their competitors. http://www.dexigner.com/product/news-g17348.html The picture is at the above web address.

Sunday, March 22, 2009

Turning Chocolate shells in to "GREEN" fuel

Lindts is not a leader in the confectionary industry yet, but Lindt USA corporat strategy is to horizontally integrate backward. They plan to import cocoa beans directly from the source, produce its own product and they sell them. They are trying a new technology that burn the shell of the cocoa bean to produce a fuel source that will lower their carbon foot print. If Lindt can accomplish this it would be a great innovation, that they can then market especially to "green" consumers. I am going to follow this story to see if Lindt can pull it off.
http://www.confectionerynews.com/The-Big-Picture/Lindt-trials-chocolate-powered-fuel?nocount

Friday, March 20, 2009

Stock Price compared to competitors

RMCF ended the week at $5.74 for their stock price, it is coming up, but they are the only confectionary that is consistently above the industry average and their other competitors. It could be because they have a low price on their stock and they do not have as much stock out as the other companies, but it is amazing that they have had an overall positive stock price compared to the competition. I am adding a chart that shows RMCF compared to their competitors over the last three days.
http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chdet=1237592374750&chddm=1173&cmpto=NYSE:HSY;NYSE:TR;NASDAQ:JBSS;NASDAQ:LNCE;NYSE:CBY&cmptzos=-18000;-18000;-18000;-18000;-18000&q=NASDAQ:RMCF&ntsp=0

Wednesday, March 18, 2009

Hershey CEO gets "BIG" Bonus

I am watching the morning news and they are talking about the bonuses paid out by AIG and online there is a story that the CEO of Hershey just received a huge bonus. He received a bonus of $6.2 million after stopping Hershey's two year slide. David West was the COO, but he was promoted and to turn the loss of market share around for Hershey, he poured money into marketing, which is a good tactic to get customers aware of your brand. I had noticed more and more commercials on tv about Hershey "Kisses" these are the first ads I have seen for a long time.

Another bit of information in this article was that Hershey had lost their 1st place in candy sales in the US, in October Mars bought Wrigley Jr and became the #1 candy maker in the US, you do not here much on Mars because they are a private company, but Hershey is still the leader as a chocolate producer.

I still think that CEO's compensation should be tied to their performance and the profits of the company. If the company increases profits then top management should receive a small percent like the rest of the workers and they can receive a bonus like a profit bonus, that is only a small part of the profits. I do not believe that CEO's are the backbone of the company and that they are the only reason that the business increased profits. All workers should earn a part of the profits. http://biz.yahoo.com/ap/090316/hershey_executive_compensation.html?.v=1