Once more, the time has come to drop in on Neopia’s foremost economic analysts. Joining Neil and Maria today will be Jonas Lupendrup, President and founder of Skeith Feeding Ltd., who’ll be here to discuss his company’s recent success. And now, here are our hosts…
KAUVUTO: Hello and welcome to this week’s edition of The Neo-Market Report. I am your host Neil Kauvuto, and as always I am joined by my co-host, the lovely and talented Maria Blumaroono, who comes to us today from the floor of the exchange with all the latest news. Maria, how are things on The Big Board today?
BLUMAROONO: Well Neil, after last week’s disappointing tumble, many companies returned on Monday with hopes of getting Neopia’s once-promising economy back on track. So far their efforts have paid off, as the Neodaq has shown a modest rebound and climbed twenty-five points since last Friday’s closing bell. Manufacturing heavyweight Powlex was among those leading the way, surging an impressive seventeen NPs a share. A spokesman for Powlex said, “We’re proud to be playing a part in the emergence of a new Neopian economy. Hopefully, as Powlex continues to prosper, we’ll be able to keep on contributing to a brighter future for all Neopians.”
Another company making significant strides this week has been Kau Kau Farms, whose milkshakes were overwhelmingly voted Neopia’s Best in a recent independent poll. The announcement was quickly followed by a sudden twenty-point jump in Kau Kau Farms’ stock price. Upon hearing the news, Kau Kau Farm founder Mookiah the Kau was quoted as saying, “Well, I don’t know if our shakes are the best, but as hard as we work, I’d certainly hope they would be. Anyhow, I know I like having one every once in a while…”
KAUVUTO: On the other hand, despite this recent upturn, there are still a few stragglers continuing to have a hard time. Among those who’ve yet to cash in on the new economy is PD Secure Storage, who saw revenues drop six percent this past quarter. According to PD Secure Storage CFO Milton the Wocky, storage companies are usually among the last to benefit from a strong economy. “Right now,” Milton said, “we’re just beginning the stage in this recovery where Neopians are starting to spend the extra NPs that they’ve been bringing in. Once this excess cash is spent on more items, then PD Secure Storage will see an increase in business. I mean, once they’ve bought all this stuff, where are they going to put it?”
One company who appears to have no shortage of funding is that of today’s guest. In founding Skeith Feeding Ltd. Jonas Lupendrup seems to have stumbled into a niche market that’s proven quite profitable. Jonas, thank you for joining us today…
JONAS: Thank you for having me, Neil. I’m quite happy to be here.
BLUMAROONO: Now Jonas, Skeith Feeding’s stock has done quite well this week. Could you tell us what impact, if any, this resurgency in the Neopian economy has had on your company?
JONAS: Actually, it’s had virtually no impact on us whatsoever. You see, the beautiful thing about our company is that it isn’t susceptible to the changes within the economy. Now, you might ask yourself, how is it that Skeith Feeding can be immune from fluctuations in the market? Well, there are really two reasons. First, Skeiths will eat virtually anything. And second, Skeiths are always hungry. And so, the only factor determining our profits is the cost of the food that we feed the Skeiths; the cheaper the food, the higher the profits. Now, just this past week we signed an agreement with a new distributor that has nearly cut our costs in half. It was this new agreement, and not any sort of “New Neopian Economy,” which is the reason for our skyrocketing stock price.
KAUVUTO: But, I thought Skeith Feeding was supposed to tailor a special diet to meet your Skeith’s specific needs? What happened to all that talk about “dietary technicians” and “feeding consultants,” and helping your Skeith maintain a glossy coat and healthy teeth?
JONAS: Aw, c’mon…they’re Skeiths! They’ll eat practically anything! All that business about “dietary technicians” and “maintaining glossy coats,” that’s just a bunch of talk that we put in the pamphlet to keep the investors happy. Honestly, our job is to give the Skeiths enough food to keep them from eating the rest of your stuff. The way I see it, as long as your Skeith isn’t gobbling up furniture or making Petpet kebabs, then our job is done.
BLUMAROONO: Well, that’s all the time we have today. For Jonas Lupendrup and Neil Kauvuto, this is Maria Blumaroono saying thank you and so long…