Gee whizz this company is FISHY!!! $1.8m of bottom line profit out the door in the first half of the year. Still haven't even worked out how much money lost in second half. $4.9m net profit FY20. If second half stock loss cost is $3m or greater, Huon may be looking at a loss in FY21. Disaster results for a $390m market cap. current PE of 80, compare to listed competitors such as Tassal with a net profit of $70m from $700 market cap (PE of 10) and its an embarrassing comparison. The management stink and staff stink, how it's only dropped 12 is beyond me. Time to exit.
HUO Price at posting:
$2.68 Sentiment: Sell Disclosure: Held
