HLF 0.00% 0.7¢ halo food co. limited

The fact is ‘the strategy of opportunistic purchasing of...

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  1. 99 Posts.
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    The fact is ‘the strategy of opportunistic purchasing of inventory in prior quarters’ means there is no way of telling if their normalised (assuming they hadn’t accumulated inventory) operating cash flow is in fact positive (my guess is it is bloody close if it isn’t).

    I agree the current share price action reflects the damage done to shareholder trust. They need to give the investors the same information they would want if our positions were reversed. Right now management deserve to be treated with cynicism.

    The path forward from here is management acting with complete integrity, transparency and proving this thing consistently can provide cash flow positive quarters.

    To give you some context to my previous comments Mondyinvest whilst I have tried not to be biased I likely am. HLF has been my biggest investing blunder to date, I tried my hand trading the stock when it looked as though the branded products were about to turn the corner and make the company profitable. I bought at about 24c and sold at about 18c and 14c. I now avoid trading, story or growth stocks and stick to Graham and Dodd style investing which for me I should never have strayed from.

    I am here now to study how this plays out and rub my nose in my previous mistakes. Lets see what happens.

 
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Currently unlisted public company.

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