Good time to buy ?, page-2

First 2 Last

Share
Profile

Follow
Ashfield

1,060 Posts.

64

05/08/18

18:05

Post #: 34731327
Share

Originally posted by rarebird1971 ↑

I've purchased in the float acquired more at the open at 26 cents again at 34 and 38 and then again at 28.5 this week. I'm not sure that this is going to drift too much lower and at 44 million MC I feel this is ready to begin its northward journey. This isn't an upramp post as I will be equally excited to buy more at a lower price but I just don't feel it going much lower if at all.....

I'm heavily into investing in the right people and I really think that James Gong is the right person to grow this company massively. He's not just woken up one day and thought lets see if I can make some money in the dairy game. He's long term in Dairy, has lived and studied in NZ for 18 years and IMO has the relationships and connections in China and throughout Asia to develop a strong customer base.

Packaging and sales is a great strategy as it reduces the need for large infrastructure for processing and it is easy enough to get into later if you want to. I like the four pillar strategy for business growth and looking forward with a 44 million MC the company would only need to post a $1 - $2 million profit to justify this. with the capacity of the new plant able to package $25 million worth of export product the margins wouldn't have to be that great to achieve the above profits.

I personally think JG had the sales and customers but didn't have the ability to supply and that's why he's gone to the market. There are plenty with the supply ability but without the accreditation or sales and connections. Packaging and processing plants are easy to build and automation allows low cost production but relationships and connections are not so easy.

GLTAH and to those that will buy in the future.... This is a company that can grow your wealth over many years and has the right people at the helm...

Cheers Rb

Expand

Hi Rarebird

Your comments were well presented and thank you for your thoughts.

I was feeling unexcited this week when I saw the share price drop but your comments make me feel to sit tight and hold on and give management a go.I think I would also top up if the share price fell as well so that I can average out.

Thank you once again for your comments

KTD Price at posting: 29.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

TX3

Canadian fieldwork yields multiple pegmatites for Trinex

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

AUG

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

RNU

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

TLX

Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug

There are more pages in this discussion • 1,155 more messages in this thread...

First 2 Last

Add HLF (ASX) to my watchlist

(20min delay)
Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $2.805M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Good time to buy ?, page-2

Canadian fieldwork yields multiple pegmatites for Trinex

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug

Featured News

Featured News

Good time to buy ?, page-2

Top Stories

Canadian fieldwork yields multiple pegmatites for Trinex

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug

Featured News

Featured News