BFC 0.00% 0.3¢ beston global food company limited

We can hope for the best and vote against persons when the time...

  1. 478 Posts.
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    We can hope for the best and vote against persons when the time comes again. I've put a lot of thought into this and have also in various ways analysed worst case scenarios. We are not talking 5 or 10% discount of the NTA, it is a significant discount this time.

    I agree with you that Mr Sexton does't know how to sell his bread. But he sure is sitting on some good income producing assets. China has also lowered tariff on cheese from 12-8%. Lobster and fish are also included in its latest tariffs cuts. Everything is aligning to me.

    News of Oziris commercialisation should also come out soon. Revenue growth shouldn't be underestimated. Profitability is mostly about efficiency. In some ways, I cudn't care about its profitability, receivers come in, I'll make my profit. All the goods plants are like brand spanking new.
    Last edited by sandy68: 29/11/17
 
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