RFG 3.17% 6.5¢ retail food group limited

Earnings Estimates for RFG, page-17

  1. 10,373 Posts.
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    The heading of this thread "Earnings Estimates" is worthy of a good laugh, and nothing more! To speculate on the numbers is about the same as going to the casino. The odds are stacked against you.

    When all is said and done the Board are going to throw out the best numbers they think they can get their auditors to sign off on. Any holder/potential punter should take these numbers with a grain of salt.

    Facts:
    Recurring income from the sale of failed franchise's is stuffed.
    Inflated value of goodwill and brand names in their balance sheet is stuffed.
    Their ability to continue to shaft franchise's through the inflated COGS is over.

    If you are a holder and have not sold out yet, then all the best - you are going to need it!!!!!
 
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