HLF 0.00% 0.7¢ halo food co. limited

Ann: Trading Halt, page-106

  1. 4,626 Posts.
    lightbulb Created with Sketch. 507
    "We are manufacturers, importers and wholesalers of high-quality consumer products across fudge, peanut brittle, coconut ice and confectionery"

    And here lays the problem, they are importing rather than EXPORTING.

    Unless KTD is stupid and wanting to do what Ausconfe was doing, then I would take my educated guess and say that KTD will instead of EXPORTING them to China rather than trying to sell them in Australia. After all, there is an old saying in Chinese: ‘The moon in foreign countries is particularly round and bright’

    The perception in Chinese is: "Whatever is made in a foreign county, must be good" Nesho should be able to back me on that one..........odd but true!

    Also, they are buying without any encumbrances and liability. Which means they can start over and adding their own products in there.
    Last edited by SMXtimes50folds: 06/05/20
 
watchlist Created with Sketch. Add HLF (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.