BGA 0.19% $5.35 bega cheese limited

Such a disappointing set of numbers to illustrate just how...

  1. 1,800 Posts.
    lightbulb Created with Sketch. 226
    Such a disappointing set of numbers to illustrate just how poorly run this company is. EBITA up very slightly yet forecast for current year is up another $10M....expect that to be revised a few times during the year to follow the current theme. Sold off assets purely to lower debt that isn't that high is a waste of capital.
    All the talk of efficiency increases yet cost of sales is still 2/3 of revenue. Highlights yet again things are not in control and waste of funds is acceptable.

    if I didn't have such a large capital gains tax hit I would be exiting but sadly have to hold in hopes of SP growth because dividends are pathetic
 
watchlist Created with Sketch. Add BGA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.