First signs of the turn around shinning through and on track for a cash flow neutral financial year this FY. The Company has very valuable assets on its books and a lot of undeveloped, prime farming land to expand when required.
Last year was a year of hard decisions which has set them up nicely for this new current financial year.
Management have done well so far and they now have the personnel to turn this business profitable.
It wont happen over night but for a business trading below NTA and the turn around in full swing this could be a very nice earner over the next 2-3 years for investors should they execute the current business plan.
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First signs of the turn around shinning through and on track for...
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