Australia's largest stock trading and investment forum Australia's #1 stock forum

BFC

Click for more information

0.00%

0.3¢ beston global food company limited

Ann: FY2018 Financial Statements, page-11

First 11 Last

Share
Profile

Follow
eddiev

165 Posts.

28

18/10/18

13:36

Post #: 36172561
Share

Originally posted by SonicBlast ↑

Originally posted by macda
C'mon, sonic, you're being a tad selective, not to say misleading with your assertion that "NO FEES HAVE BEEN PAID FOR THE LAST TWO YEARS"
As you're no doubt aware, and as BB77 has pointed out, Sexton's management company gets a management fee regardless of performance, and it's based on gross asset value, which, in an astounding coincidence, is what the company has been focusing on growing in the books.

Not based on profitability, not even on revenue, zilch return to the owners of the company (us) but they still keep raking it in. Maybe a resolution to wind up the company to salvage some value for shareholders should be the go at the AGM? But then Sexton and cronies are hardly likely to be the turkeys who vote for Christmas, are they?
Ok you show me where in the reports that a fee has been paid? No frees have been paid as the assets of the Company have been written down by -22% while the ASX Return fund has made 13%.
No rather than making your false assertions the both pf you I suggest you READ the report.

Expand

Don’t be too concerned with all those Dairy awards for BFC and those social Media links you keep posting, BFC should be raking billions in , stock will be flying ou the door.. Lol

BFC Price at posting: 17.5¢ Sentiment: Sell Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACE

Streamplay leans into North American gaming market with Noodlecake acquisition

There are more pages in this discussion • 42 more messages in this thread...

First 11 Last

Add BFC (ASX) to my watchlist

SPONSORED BY