FRM 0.00% 9.7¢ farm pride foods limited

no it does not sell to China, at least not significant amounts....

  1. 1,006 Posts.
    lightbulb Created with Sketch. 63
    no it does not sell to China, at least not significant amounts. They recognised there is a strong demand coming from there but their priority is Australia as FRM cannot keep up with domestic growing free range sales.
    Going forward company must be considering acquisition - IMO - that's why they brought Phillip Campbell last year - specialist for M&A and IPO. That is perfectly answering what will they do will with $15 mil yearly operating cash flow over 2017 FY and beyond (no debt to repay anymore) - time to buy other company to grow market share. It is the right decision to make - IMO.
 
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