RFF 0.27% $1.88 rural funds group

Yes - so, I was just wondering if the fact that at least some...

  1. 70 Posts.
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    Yes - so, I was just wondering if the fact that at least some sheds owned by RFF are in disrepair, does this affect the RFF asset value (currently announced value of the poultry farms sits at $80.8M)?
    And as RFP has outgoings (repairs works causing "a material reduction" in earnings and having "ongoing impact in future years") but currently no receivables (as they're not growing any chooks in the sheds), when / if this will affect the rent they are able to pay to RFF (16% of FY18 RFF revenue)?
    Incidentally, the RFP share price on NSX has already taken a nose dive due to this issue.
    Last edited by Jultorsk: 01/02/19
 
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