AVG australian vintage ltd
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no dividend

  1. paperwerks
    34 Posts.
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    26/08/15
    13:34
    Post #: 15878686
    I know a lot of people are not going to be pleased with this but I support it. The free cash flow just is not there and I would rather see them use the cash to strengthen and grow the business. It will be a much stronger business is 2 more years. I can wait for book value.

    One thing I didn't like is that I didn't see any mention of China. Maybe I missed it or maybe the COFCO agreement was all hype?
    AVG Price at posting: 37.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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9.8¢ 		Change
0.000(0.00%) 		Mkt cap ! $32.28M
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