BPC burns, philp & company limited

buyers building, page-4

  1. 6,931 Posts.
    Hi B2,
    Frankly, I don't know. However, I expect the price to continue to appreciate. BPC should end up in the ASX 200, I guess, based on the value after digesting GMF. In the last Ann Report they had to write off $US2 mill due from K-mart in the US going into Chapter 11 bankruptcy. K-Mart is now back in business so I expect the 2 mill to be paid and it will go to the bottom line. Hart is a good business man and worth backing. I think he will deliver.
    I have lots of BPC, BPCO, BPCPA.

    Regards

    Desmond
 
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Currently unlisted public company.

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