Ok so few points to clear up
1. I'm not a big fan of the wine business, why well I just don't like the fit of wine and Tech Telco IT but it seems profitable
2. Acquisitions, well they tried to do a Chinese Solar Hot water acquisition earlier this year read this announcement
http://www.asx.com.au/asxpdf/20130430/pdf/42flhmqwxrhdh1.pdf
The deal was pretty impressive actually
25% of Auhua for $6m
Auhua was making revenues of $33.5m and profits before tax of $11m per annum
It is a company owned by the directors and this is why I think that if it isn't this that the directors will try vend some other Chinese based business deal
But yeah its a specie so only put punt money on it
- Forums
- ASX - By Stock
- BPG
- potential of wine
potential of wine, page-12
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)