RFG

1.33%

7.4¢ retail food group limited

My 2c on the future of RFG, page-2

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Achilles/

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12/12/17

13:49

Post #: 29568020
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Originally posted by hypomaster ↑

Strong technical support for RFG at $3.00 which was last seen in 2012.

So is the company in a better or worse postion than it was in 2012? Based on the excellent data table provided by grasshopper05, I would say the firm is stronger now compared to 2012.

Sure some stores are under water. But don't forget business failure is normal whether it's a franchisee or not. Joining a franchise doesn't provide an easy path to riches.

Retail environment is tough. Cafes are popping up on a daily basis. There are too many of them. Some will surely fail because of fierce competition. Rents have gone up due to high RE price.

Grasshopper05 showed stalling average sales. Average means there are franchisees who do better and are profitable and there are some who do worse and are having trouble, making complaints publicly.

Those losing money don't have what it takes to run a small business or didn't do the due diligence properly. This is life - winners and losers.

That being said, I acknowledge that RFG has problems and would like to see better management at the top. There's a lot of room to improve operations and support for franchisee which means there's a lot of potential growth.

Nothing has really changed fundamentally for RFG since the sensationalised reporting by failfax. This plunge in SP is a good buying opportunity for value investors as it will most likely instigate better practices and management in the future.

Just my 2c.

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I will buy just before ex dividend date hence I will make +/- 10 % on my dough ain't get that with the bank .
the bonus will be the increased value of the share .
I did the same with VITA people got complete irrational .
Not many people will follow up on this advise because I smell fear.

RFG Price at posting: $3.09 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 7.4¢		Change -0.001(1.33%)		Mkt cap ! $184.2M

Open	High	Low	Value	Volume
7.5¢	7.5¢	7.4¢	$55.63K	743.8K

Buyers (Bids)

No.	Vol.	Price($)
3	161891	7.4¢

Sellers (Offers)

Price($)	Vol.	No.
7.5¢	75000	1

View Market Depth

No.	Vol.	Price($)
3	161891	0.074
4	314273	0.073
3	67650	0.072
3	254798	0.071
3	124299	0.070

Price($)	Vol.	No.
0.075	75000	1
0.076	182274	3
0.077	152379	4
0.078	81829	4
0.079	497481	5

Last trade - 15.45pm 02/08/2024 (20 minute delay)

RFG (ASX) Chart

My 2c on the future of RFG, page-2

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Westgold sets its sights on top five producer status through merger with Karora

Venture to sniff out high-grade REE targets at Jupiter project, WA

Is oil undervalued?

GreenX picks up prospective copper project in Germany

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

My 2c on the future of RFG, page-2

Top Stories

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Westgold sets its sights on top five producer status through merger with Karora

Venture to sniff out high-grade REE targets at Jupiter project, WA

Is oil undervalued?

GreenX picks up prospective copper project in Germany

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News