I think no one knows the exact answer to this question now besides ceo and the board. But looking at the past they have removed significant amount of cost out of the business and improved processes to deliver profitability. There is more cost to come out this year and we will be getting revenue growth due the new farm already operating. Also in agm ceo stated about steady cash flows, acqusitions and stronger balance sheet. So there is many signs pointing to stabililty and earnings and potential growth. I dont think frm and industry will suffer consumption decrease very soon. Egg is a cheap source of protein and fat.
Share price has dropped cause probably awaiting confirmation of these and we will know mid feb. I strongly believe we will have good half, 51 mil revenue and 5 mil npat before impairments in machinery. Also 6-7 mil ocf should hold. 2 months away.
- Forums
- ASX - By Stock
- Eggcellent
I think no one knows the exact answer to this question now...
-
- There are more pages in this discussion • 65 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FRM (ASX) to my watchlist
(20min delay)
|
|||||
Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $26.09M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 12.0¢ | $1.469K | 12.24K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 110761 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.115 |
2 | 46500 | 0.110 |
1 | 500 | 0.105 |
1 | 25000 | 0.100 |
1 | 107312 | 0.093 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 110761 | 1 |
0.135 | 107680 | 2 |
0.145 | 16895 | 2 |
0.160 | 3375 | 1 |
0.170 | 13000 | 1 |
Last trade - 10.55am 18/09/2024 (20 minute delay) ? |
Featured News
FRM (ASX) Chart |