RFG
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3.66% 7.9¢ retail food group limited

Posted on the wrong heading before but my take is Behind all the...

  1. Digger26
    204 Posts.
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    23/08/23
    11:22
    Post #: 69497883
    Posted on the wrong heading before but my take is

    Behind all the fluff. the performance remains the same in that:-
    - cash from operations is insufficient to meet interest etc (only breakeven from operations);
    - yet more write off of intangibles (Cafe2U this time) of $7m;
    - not recovering funds from goods sold to franchisees; and, now
    - cost controls non existent.

    My forecast recovery in the FY 2025 now back another 12 months to FY 2026.This is from just a quick look.
    RFG Price at posting: 5.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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