BFC beston global food company limited

"Rabbits being pulled out of the hat" pre AGM.Good work Roger S...

  1. 132 Posts.
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    "Rabbits being pulled out of the hat" pre AGM.
    Good work Roger S but you have done this before - old tricks old game.
    Shareholders remember,
    • Directors noms close today.
    • Roger S up for re election at AGM?
    • 2nd Strike pending.
    • Is EBITDA sustainable - current EBITDA prediction is first in 24 Quarters. Future??
    • Global prices ???
    • Margin on Lactoferrins - is there one?? BFC keeps presenting sales but no discussion on margin. Told lactoferrin price is sub A$500 kg. Payment terms on sales is/are??
    • Product gross margin estimates are,
    • Mozz - zero. Breakeven at best. Factory yield/costs must NOW be under control.
    • Lactoferrins - Breakeven or max $100 kg. 20,000kgs = $2m
    • Whey and Cream - good profits BUT we are never told. THIS LINE looks to be the PROFIT line

    Is a Capital raise coming - BFC 868M issued shares. Could place approx 174m at say 4c = approx $7m. WOW.
    Rights offer??

    Where does NAB sit. Debt must be $50m ++

    Help needed
 
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