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13.0¢ longtable group limited

Ann: FY18 Appendix 4G, page-12

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Bearwolf

178 Posts.

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31/08/18

10:18

Post #: 35318315
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Originally posted by Mum ↑

Have finally had a chance to look at the Annual Report and Results Presentation. This is definitely a long term play. The company is obviously going through a big transition stage where marketing and new branding will take centre stage.

A couple of things that stood out for me are, firstly from Page 5 of the Annual Report: "Longer term, we see the Paris Creek Farms brand building its credentials in the dairy cabinet and creating strong brand awareness with consumers. This will pave the way for ongoing growth, starting with exploring the opportunities for Australia's first biodynamic milk powders".

Just my opinion. Maybe I am grasping at straws as I sit on my paper loss, but for me this is a definite hold for the long term. DYOR

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I think you are spot on. LON is in the construction phase. And there are many positives to take from the report. Perhaps they should have given the biodynamic milk powders a prominent heading and all the speculators would have jumped on board in droves.

LON Price at posting: 48.0¢ Sentiment: Hold Disclosure: Held
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