Farm Pride free range egg update, page-17

thanks vBarto. I did not sell as with every half yearly the company intrinsic value was increasing. If company records full year 8.5 milion net profit and 14 mil OCF the intrinsic value will be around $2.73 per share (conservative 22.5% ROE which gives 4.305 multiplying factor to the equity per share value). But even without fancy calculations, I dont see why FRM should not be 150-200 mil cap when there is no debt, strong cash flow, solid revenue and growth plans from greenfield and potential acquisitions?

@roughie12, avg is very interesting. I was watching it over many years but unfortunately watching it doesnt make you any money lol. the company has very impressive revenue, very good OCF, assets and so on. debt is a bit high (I recently got burnt on BUG with their debt despite nice company products and agri space) but AVG should not have problems repaying it especially with nice cash generation.