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0.7¢ halo food co. limited

News: HLF Halo Food Co Signs $40 Mln Strategic Partnership With Theland China, page-36

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TripleTop

4,005 Posts.

827

01/12/21

12:50

Post #: 57992993
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Originally posted by ValueSearch ↑

@TripleTop Unfortunately I don't think that will turn out to be an accurate statement.

Mysteriously in the HY 22 report the borrowing facilities seem to have decreased from that originally announced. $9.8m AUD

In HY 22 report it is now about $8.3m AUD with $5.3m AUD drawn.

That leaves only $3m headroom and with an inventory turn of about 5.5 it will only support about $16.5m more of revenue, i.e. about $80m annual revenue. HLF are going to need extra funding from somewhere.

Tell me I am wrong or have missed something here.

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Thanks @ValueSearch. Yes, you are missing the cash on hand which is $3m+.

HLF Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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