A solid result. Cash flow from operations of $1.2m for the...

A solid result. Cash flow from operations of $1.2m for the quarter - annualised that'd be $4.8m, which wouldn't be bad for a $33m company (at 27c a share). Admittedly, the cash flow does include some one-off inventory sales, but on the plus side it sounds as though there may be more to come on the inventory front.

Looking at the big picture, a lot has happened in the 10 months since last June when the former Buderim Ginger received a bid for its ginger division. That bid set in train a series of events that reinvigorated the company with a new focus and a clear strategy.

From what I've seen, the execution of that strategy has been flawless. And it's a good strategy. It's multi-pronged: balance sheet reform, new businesses, new synergies. And it builds upon many of the company's existing strengths - strengths that, up to now, have probably been underutilised.