Charter Hall Long WALE REIT IPO Latest info and Price Discussion, page-158

  1. 1,796 Posts.
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    its mainly because even though they diversified their range revenue wise, most of their ebitda still comes from dried vine fruits. This dried fruits isnt a huge growth story in China yet. Its not a processed food, its a bulk food commodity like Select harvests(SHV) which has been extremely volatile.

    its ebitda levels were also quite small - 10-15m ebitda or so. very small cap.

    its more like Select harvests(almonds) and Costa(berries) than Bellamys(a value add Infant formula)

    it could also be like Capilano Honey(CZZ) which a lot of it is commodity stuff. CZZ has been average in 2016.
    Last edited by tbecker101: 12/10/16
 
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