BFC 0.00% 0.3¢ beston global food company limited

Ann: Product Supply Contract with Hondo Food Company Limited, page-2

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  1. 3,482 Posts.
    lightbulb Created with Sketch. 535
    Finally the long waited tapping into Chinese wholesale distribution network, 22mil AUD for a 8 month contract is a big number, if this works well, we could finally see the light.

    11am tomorrow AEST Morgans will host a BFC presentation by Belinda Moore, hope to more insights into this Honda contract and the implying turning over on BFC assets.

    Financial results is disappointing but I think this contract will give the SP a good lift to 25-30cents range in the coming week.

    I'm a hold now, not ready to cut loss yet.
    Last edited by Storm_chasor: 25 cents not 35 cents 28/02/17
 
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