Finally the long waited tapping into Chinese wholesale...

Finally the long waited tapping into Chinese wholesale distribution network, 22mil AUD for a 8 month contract is a big number, if this works well, we could finally see the light.

11am tomorrow AEST Morgans will host a BFC presentation by Belinda Moore, hope to more insights into this Honda contract and the implying turning over on BFC assets.

Financial results is disappointing but I think this contract will give the SP a good lift to 25-30cents range in the coming week.

I'm a hold now, not ready to cut loss yet.