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2.94%

7.0¢ retail food group limited

Ann: FY23 Results Presentation, page-48

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130

25/08/23

09:10

Post #: 69541407
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Originally posted by GiddyYup: ↑

Whilst there are Zimmer frames and electric mobility scooters there will be customers for places like Michel's in shopping malls. Being primarily pensioners though, they have only a small amount to spend on their cup of tea and piece of cake.

But seriously, any of their brands could be made cool again, and thereby much more profitable, but it requires people who understand the problem to make it happen. Thats not the case here. Can't see a single thing that they have done to update any of the flailing brands. Why? Best guess is that that simply don't understand the problem.

They have lawyers and accountants that have got them out of most of their troubles but thats hardly fixing the business.

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But seriously, any of their brands could be made cool again, and thereby much more profitable, but it requires people who understand the problem to make it happen.

Sure that could happen. It seems at this point to be highly unlikely. And if it does happen there will be ample time between the turnaround happening and the market waking up to it. There's no need to be sitting on it hopIng they become the next Starbucks.

RFG Price at posting: 5.3¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 7.0¢		Change 0.002(2.94%)		Mkt cap ! $174.4M

Open	High	Low	Value	Volume
6.7¢	7.0¢	6.7¢	$143.5K	2.073M

Buyers (Bids)

No.	Vol.	Price($)
1	100000	6.8¢

Sellers (Offers)

Price($)	Vol.	No.
7.1¢	52190	4

View Market Depth

No.	Vol.	Price($)
1	100000	0.068
5	331206	0.067
6	449018	0.066
8	1109198	0.065
2	59065	0.064

Price($)	Vol.	No.
0.071	52190	4
0.072	57800	3
0.073	213700	2
0.074	1021562	4
0.075	41100	2

Last trade - 15.19pm 03/09/2024 (20 minute delay)

RFG (ASX) Chart