I am still a little dubious as Assets Values are written with relation to the cash profitability of a business. BFC is still not making a profit, yet it is valuing it's Assets higher. MG made that mistake and that cost them dearly. Having increased Assets is beneficial to only BPAM at the moment.
I do not want to see a share buyback.
I do not want to see a blowout in costs.
I do want to see an untroubled 6 months of Trading.
I do want to see how each Division contributes to revenue.
To be quite honest I wish they would leave the seafood market to supply Australia only.
Sonic
BFC Price at posting:
29.0¢ Sentiment: Hold Disclosure: Held