While I appreciate the clarity of each Division showing its earnings/losses, which is a real benefit to all going forward, however I find some items lacking transparency.
Where are the payments to BPAM?
Why are there OTHER expenses that are over $100k that are not itemised but amount to $882k which is considerable?
Why did we not have an announcement of the disposal of BFC (Dalian) for a considerable loss of ~$5m. in December 2017?
I note that BFC is down to $5m in Reserve Cash.
I cannot believe that Eight (Water) is performing so badly.
My thoughts so far.
BFC Price at posting:
24.5¢ Sentiment: Hold Disclosure: Held