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0.3¢ beston global food company limited

Ann: Mozzarella Contract with Prominent Australian Company, page-7

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pilatus

4,967 Posts.

52

08/08/18

13:27

Post #: 34802535
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Originally posted by Sammieboy ↑

Doubt that at $5kg Jervois would cover materials cost/s of Mozz making. Milk cost to BFC must be more than $0.50 per litre. Contract driver appears to be BFC's need for cash.
Announcement contained many warnings - 2017/18 will be a disaster.
Now had 3 years of same NON performing management - time for change. Spin is cheap. Spin doesn't create shareholder value/wealth. Need cold hard performance and I can't see it coming. Big carried forward losses will assist if and when BFC make s profits.
How much cash does BFC hold? Must have big inventories? Where are working Capital needs to come from - equity raising??

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"Announcement contained many warnings - 2017/18 will be a disaster"

where are the warnings?..
give credit where credit is due...
when there is no communication or revenue generation we complain..
when there is communication and positive signs of revenue generation we still complain...lol
and yes I have not been happy with management as well..

BFC Price at posting: 21.0¢ Sentiment: None Disclosure: Held
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