BGA bega cheese limited

Bell Potter report 29.Oct.2019, page-6

  1. 4,343 Posts.
    lightbulb Created with Sketch. 1221
    are we becoming a sum of parts play?

    quick n dirty (partially complete) acquisitions of the past decade alone total over $800m (couldnt find the Strathmerton price):
    AcquisitionDateCost ($'m)
    1Koroit Facility2018251.2
    2Kraft products2017460.0
    3Kingaroy201712.0
    4WCB201126.0
    5Strathmerton acquisition (Kraft)2009
    6Tatura Milk Industries2007-201181.5
    7


    8Total
    830.7

    With a $764m mkt cap + $300m debt = bit over $1.05bn current company valuation, surely some1 out there is running the sum of parts numbers and crucnhing the return. this cyclical/drought must end eventually, great upside once the heavens open up....!
 
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