BFC 0.00% 0.3¢ beston global food company limited

Share price bounce, page-4

  1. 71 Posts.
    lightbulb Created with Sketch. 16
    In response Sammieboy....dont have all answers, but you are right, BFC will be a small player. But that doesnt mean not profitable. The markets globally for Lactoferrin are growing as it looks like it is good for being anti virus and anti bacteria....that is why the turnaround is coming once they get the new facility in.

    Things like this always take time and share price not likely to bounce too much until April next year, so patience required....I know you are frustrated by past performance but keep the faith (although I have not had to endure for long) as the turnaround should come if they get their new facility up.

    In that update on the ASX last week there was a slide that showed lactoferrin production in first quarter of .51 tonnes, so with old equipmetn they will be looking at 2 tonnes (not much). With new equipment they are looking at 12T as the process is different. Still not massive, but this will create free cash flow as margins should be big and this will drive share price.

    Dont know about all the other shenanagins, but like the lactoferrin story is game changing!! Keep the faith until the facility is completed...
 
watchlist Created with Sketch. Add BFC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.