BFC 0.00% 0.3¢ beston global food company limited

He's one of the largest shareholders - about 16.6m shares with...

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    He's one of the largest shareholders - about 16.6m shares with Blue Ridge Holdings and 1.7m with Kijomi Holdings. If he didn't own shares he would have bolted long ago.

    Interesting to see the increase in the share price on relatively modest volumes with no news - my guess is that there must be someone interested in acquiring the dairy side of the business (apart from the lobster licences the rest isn't actually worth book value). The full year results will be an interesting read - revenue will be up on the back of increased milk purchases (cheddar factory and mozzarella) but I doubt margin will follow and with their overheads I still think a loss will be the result.
 
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