BFC 0.00% 0.3¢ beston global food company limited

News: BFC Beston Global Food says it acquires AQUAessence, page-42

  1. 12,781 Posts.
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    Kikker1959
    One of the problems I forsee of "putting a price" on it before the item hits the streets in China is the sudden rise of the AUD$.
    I would like to warn sh that Ag stocks are notorious for losing out to Competitors with currency levels. That is why it is difficult for an individual business (like AquaEssence) to Export into China/Overseas. However everything I see here that is being done with this model bodes well for Ag. Yes if I do well from my holdings then all well and good , but I can also see a model that could be used by any Company in any state/territory in Australia.

    To me this is a stock with good solid longer term 5 - 10 year dividend growth. Not a daytrade. I commend the Company for its action.

    Sonic
 
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