OLI 0.00% 1.0¢ oliver's real food limited

Ann: Appendix 4C - quarterly, page-3

  1. 727 Posts.
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    This is a very good Quarterly.

    Why I think will keep SP going.

    1- Further reductions in staff cost announced
    2- likely further increase in sales with a continuation of trend observed QoQ
    3- Sales volumes increasing, with less expenses, slight marketing increase (which is a good sign IMO)
    4- Looking like it'll be Cash flow positive all year
    5- Probably looking at 20M revenue in sales for FY20, which, with a positive cash flow, is worth at least 40M and up to 100M (so we get the 15c 25c range I see technically)
    6- Business is safe
    7- Coronavirus has been cured in a few places, using aids medications and classic medication (you can also cure it/prevent it using other means btw) but let's say this will ensure the market at large doesnt completely sink, which is why Nikkei is up today.
    8- probably a lot of products, innovations and things that the market hasnt priced in are coming,

    Very good results. Congrats to the team. I knew this team would save this business.


    Last edited by NZtrader369: 03/02/20
 
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