BFC 0.00% 0.3¢ beston global food company limited

Ann: FY16 Full Year Update-BFC.AX, page-18

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  1. 517 Posts.
    lightbulb Created with Sketch. 5
    Erm read it very briefly but didn't think it was actually that bad. Obviously the concern is Dashang, and the fact they haven't followed through yet is a tad worrying. But the question mark around this has always been will they be in profit, which they will. And from memory, everyone always used to say how they would have preferred no dividends in this early stage so that it can be reinvested etc...so I don't see what is terribly different here?

    and the fact that they are now a more diversified company by not solely relying on Dashang, and saying they are in profit, are all good things
 
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