STTCOMP FOD, FA LONGMarket Cap: $65mThe Food Revolution Group...

STTCOMP FOD, FA LONG

Market Cap: $65m

The Food Revolution Group makes high quality fruit juices, kombucha and other products. They are distributed through major supermarkets in Australia and are focussing on the Chinese market. The chairman, Dr Norman Li,  is well connected and incentivised to grow sales to $A100m in the short term and $500m within 3-5 years. The quarterly overview provides a nice summary for anyone wanting a quick snapshot of info. I like the company because I like the products. My reasons for tipping it now are:
1. 13c is a solid support level. That's my key reason which probably makes this more TA than FA.
2. Half yearly results are due out this month.  (Always a risk as to which way that will go but I expect it to be good).
3. There is the potential for other good news including CIQ approval from China for more products.