RFF 1.24% $2.00 rural funds group

Can't be sure of the effect on our volatile share-market (RFF SP...

  1. 66 Posts.
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    Can't be sure of the effect on our volatile share-market (RFF SP recovery from the $1.832 drop through $1.930 to end at $1.915 yesterday) demonstrating that some risk always remains, whilst minimal risk means no risk.
    If the labeling compliance is fixed China may lift the bans. We trade in a changed and unpredictable world with China. I would hope that the quality and volume (Chinese market demand) of our red meat along with intelligent government trade diplomacy will see an end to the ban. JBS SA has a very large global distribution network and can maybe provide an alternative market opportunity if the bans remain. JBS Australia have 7 other abattoirs in Australia so maybe their customer base can be shared. For the time being I see no threat to RFF Group's rental income only a $100m second ranking exposure to a J&F's $335m loan in a worst case scenario.
    However, I am not into the share-market crystal ball game; just follow stable financial performance for my investments. Will not return until the situation with the the CCP moves back in Australia's favour and the SP stabilises.
 
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$2.00
Change
-0.025(1.24%)
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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