Begol/all,
Think you are missing that BFC today is a Broker game. WAM and Regal entry is at/near 6.5c so at 12c (today) they are doing well.
Big problem is that BFC as indicated below has,Holding my breath but fundamentals are looking bad.
- two major products - Mozzarella and possibly lactoferrins. Buy milk and BFC MUST make Mozzarella or sell whole milk after lactoferrin extraction - price??
- no gross margin on Mozzarella. Sells below factory cost. Been reported that USA can be bought in Au at A$5.20kg. BFC Factory cost must be over A$6kg (Milk at $7.20kgMS)
- Broker Reports (2) with all blue sky numbers.
- no announcements on lactoferrin offtake contracts. Bega and Saputo hold now. Freedom had, but??
- heavily over staffed. Protect Board/Sexton
- Positive EBITDA numbers are years away if time is allowed.
- Forums
- ASX - By Stock
- BFC
- Ann: Lactoferrin Expansion Project - Practical Completion
Ann: Lactoferrin Expansion Project - Practical Completion, page-5
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BFC (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.991M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
BFC (ASX) Chart |
Day chart unavailable