BFC 0.00% 0.3¢ beston global food company limited

Challenging situation, page-9

  1. 1,131 Posts.
    lightbulb Created with Sketch. 6
    From the latest AGM presentation: 'It is the intention of the Company that the FY16 dividend target of 1.5-2c per share remains'. If the PE is 75 as you estimate, then the dividend target would be double that of the total profits. Cumulative profit for the 2 months since listing to november is already 1.3 mil NPAT, and that does not take into account the latest acquisitions/new plant.
 
watchlist Created with Sketch. Add BFC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.