HLF 0.00% 0.7¢ halo food co. limited

Ann: Halo Achieves Further Headline Sales Growth Through H1FY23, page-20

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,387 Posts.
    lightbulb Created with Sketch. 294
    Just forget all about the talking mentioned about ranging and contracts , and picking demand . they say it million of times and it turned out to be only Smoke ! So many things should be addressed immediately
    1- the price of whole powder is way lower than one year ago and 2 years ago ( Feb 21 ) , prices went back to lower than they were when HLF sign the deal .
    https://hotcopper.com.au/data/attachments/4878/4878636-4b675d1e2bb54c00acdceba6defd4400.jpg

    https://hotcopper.com.au/data/attachments/4878/4878638-33248c40e23b311e0a3d11683157c366.jpg


    2- When Announced Theland China was 40USD M dollar i.e. 2.5 Mil every month ( 60AUD/24Month ) , after one year HLF could not reach 10% of this .


    3- The ( THM ) revenue is only 7.2 M and this on the cost of 2M marketing ( paying 2 M to market 7M Sales is Rubbish ! )

    https://hotcopper.com.au/data/attachments/4878/4878679-43ac9f456e9bbe52f2f9e8315c36939d.jpg


    https://hotcopper.com.au/data/attachments/4878/4878682-08c76e3fbd182aba0e07b61499765bee.jpg




    4- Payables are massive 15.5 ( is HLF late on payment terms ) + contract liabilities 2.3

    https://hotcopper.com.au/data/attachments/4878/4878693-aa1ee11d33a84ae7f1f68ecb1e875861.jpg



    5- Locked capital in inventories are massive as well ( 14.2 M )


    https://hotcopper.com.au/data/attachments/4878/4878695-77ee50efb1ac8943a74f8e9f3f5e8d97.jpg

    6- Borrowings as we all know 10M not 1K paid back


    The way I see it , there is only 6 month remaining on this Company life cycle , unless they did the following :-

    1- lift the sales to 64M+ for the next Half to get gross profit 15M ( 31/41.5 = 0.75 )
    2- reduce the marketing fees
    3- reduce the Employee benefits expense by reducing the salaries , is Former CEO still getting the same salary for his new position ? are we still paying the board the same amount with this kind of losses ?
    4- clear out the inventory and free cash , and pay back at least 20% of the debt + the payables if they are out side the terms

    other wise we might hand over the THM , or sell portion of the Company to some one who can manage properly . any way , my journey with this company ended with big losses , there was a potential , and still think i was correct when i picked this company , but the way the handled it was a big sign for me that i didnt pick on the right time .

    if the Theland contract was Valid , we wont be here discussing the Online Blog that need 2$ to Get 7$ ( with out costs ) !


    https://hotcopper.com.au/data/attachments/4878/4878713-e1c98a16424df3b930daeb607d068ec6.jpg






 
watchlist Created with Sketch. Add HLF (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.