BUG 0.00% 16.5¢ buderim group limited

Not a shock but disappointment as they broke even H1 2015 then I...

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  1. 1,006 Posts.
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    Not a shock but disappointment as they broke even H1 2015 then I was expecting npat between 0-1 mil range. However they have some valid reasons behind it eg factory recoveries and Hawaii harvest delay which will eventuate in 30milion sales this half and help with some debt pay off.

    Also I like payables / receivables ratio change which will eventuate in positive cash flow. They have to use two above to repay some debt, they should do it in H2 and keep bankers happy. Lots going on sales wise in H2 (europe, canada) so fingers cross the cash generation will happen and give business some boost (finally alcoholic drinks sales start in Coles!)

    Hey, and then there is China container shipment done this month and growing demand, that came as a surprise and very positive for future...
    Last edited by Didak: 26/02/16
 
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