FFF 0.00% 1.4¢ forbidden foods limited

the company appears to have never made a profit its products...

  1. 37,911 Posts.
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    the company appears to have never made a profit

    its products appear too basic, thus cannot command a premium price, despite their apparent high quality.

    in short, its margins appear too skinny for a competitive market place

    my recollection is there are four years of financial statements; that show commensurate growth of revenues & costs. despite the consistent annual growth in revenues, the costs rise equally thus no profit is made

    personally, i can't envisage any 'blue sky' with this stock

    its a manufacturing revenue earning company thus should follow the boring parameters of PE ratio and EPS

    best wishes
    Last edited by ddzx: 01/09/20
 
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