PPT increased their holdings well above current prices
https://www.livewiremarkets.com/wires/5-stocks-to-buy-on-weakness
Bega (BGA)
We have always been attracted to Bega for the quality of the business and the Management team and the recent pull back creates an attractive entry price. In its efforts to create a Great Australian Food Company BGA has undergone several transformational changes in the past 2 years. The first was the 2017 acquisition of Mondelez Australia and NZ for A$460m which provides BGA with the leading position in spreads (Vegemite and Peanut Butter) through strong brands, capable personnel and facilities.
We do note the business performed below our (earnings) expectations in FY18 however significant investment was made on marketing and integration, providing a strong platform for future growth. In July 2018, BGA acquired the Koroit milk processing plant in Western Victoria, we believe this is a strategically compelling asset for BGA to own and underpins much of the cash flow growth of the next two years.
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Last
$5.24 |
Change
0.060(1.16%) |
Mkt cap ! $1.585B | |||
| Open | High | Low | Value | Volume |
| $5.15 | $5.24 | $5.15 | $763.9K | 146.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 7247 | $5.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.24 | 2116 | 7 |
View Market Depth
| Last trade - 12.31pm 30/07/2025 (20 minute delay) ? |
| BGA (ASX) Chart |