TFL 0.00% 2.0¢ tasfoods limited

On the surface/numbers, not a bad idea but the sector is crowded...

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    On the surface/numbers, not a bad idea but the sector is crowded by the two incumbents and the regulatory framework is onerous.

    A few things I picked up from the last Quarterly and AR:

    interstate sales jumped from 7 to 13% of total revenue over the year (with a corresponding jump in freight charges)

    "Growth through acquisition will remain a strategic focus for the business in 2019 to build business scale and strengthen bottom line performance" - with an uptick in associated costs reported

    Wasabi - CSIRO tests yielded "results to warrant further investigation", presumably in the wellbeing segment


 
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