OJC 0.00% 18.0¢ the original juice co. ltd

Ann: FOD beverage & functional juice business growing at 25.9%, page-153

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  1. 2,205 Posts.
    lightbulb Created with Sketch. 297
    can I suggest you delve closely into the related party transactions in the context to the Board Room and its members.

    The same Board that are setting performance based targets are also the beneficiaries of payments from FOD too.

    the Quarterly 4C lists $221K worth and the Half Yearly lists each of the related entities and which Director it is attached to.

    Just this morning in the commissioned Wise-Owl report it stated that dividends (to normal shareholders) "may be some time yet", although Directors are and have been receiving payments above and beyond any Director's Remuneration for some time. (for services to FOD)

    Totally my opinion, but it does feel there's little incentive to rock the boat as long as the company can continue to scrape through.

    Hanging your hat on China business is at best optimistic, the Domestic Juice business growth, as Tony has stated in the past re: 1% of the carbonated drink market, can double the companies revenue.

    https://hotcopper.com.au/data/attachments/3134/3134065-e9dd26233bd4e8fa155d4c805766db8b.jpg


    Last edited by signalFollower: 29/04/21
 
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