I do know the graph you are referring to and yes based on the anticipated milk throughput indicated, I am of the understanding that would translate to an annualised NPBT in the order of $20mill from the dairy division. I am buoyed by the performance of the dairy division, but what this does to the overall groups bottom line remains to be seen, depending on the performance of the other divisions which to date has been patchy. The annual accounts for the 17/18 year will provide a clearer indication as to how much of this increased throughput will actually flow to the bottom line. Did anybody notice the P & L forecasts included in the independent report released earlier this year? These forecast a 17/18 full year NPAT of $1.4mill. This would appear very realistic given what we are hearing about increased milk volumes.
BFC Price at posting:
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