RFG 1.49% 6.6¢ retail food group limited

Rfg future?, page-102

  1. 334 Posts.
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    As share holders we can be only happy that all those problems surfacing right now while RFG still making a healthy profit .
    If the management got some brains they will cut the dividend for 1 FY if needed more till debt is sustainable .
    Though I do see the sp RFG going down to $1.60 or less after the announcement no dividend payment but I can be very wrong may be the market got it already priced in .( I have no crystal ball sorry ).
    The market will stay nervous till there is real clarity concerning those lawsuits, outstanding debt etc..hence there will be some interesting buying opportunities .
    At the mean time Im buckled up for this long ride with RFG it will take minimal two years or more before everything is sorted out .
 
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