HLF 0.00% 0.7¢ halo food co. limited

Great report today but not out of the wood yet. The profit...

  1. 423 Posts.
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    Great report today but not out of the wood yet. The profit momentum needs ongoing sale efforts. Charlie Munger used to said EBITDA is a rubbish announcement and we should treat it as it is. Positive cashflow is the most important guide with expected better sales in the future before major market correction.

    One great positive announcement other than the positive cashflow is the upcoming expiry of options. More than 50% existing options look set to expire worthless in March 22. Great news for shareholders. This is what happens when there is in house fighting. There is not much hope for the remaining options to hit target unless miracle happens. VC must be selling hard today!
 
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