GDA 3.45% 30.0¢ good drinks australia ltd

Ann: Half Year Accounts, page-37

  1. 10,254 Posts.
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    you know what you are doing with investments it seems, but why come on here to rubbish this stock without looking at the potential value down here also , though of course not without risk - though you do have a few risky stocks I seem to remember

    whilst they seemingly blew that amount highlighted , some $3.5m is difference in inventory build and receivables, after allowing for increased creditors and working capital (26.6m minus 23 m odd)

    However, I am concerned about all the fluff in the report which ignores some facts present in the financials -they just don't seem to be charging enough though they say they are maintaining margins and reducing costs per litre etc
 
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