BPG 0.00% 0.9¢ byte power group limited

Ok so few points to clear up1. I'm not a big fan of the wine...

  1. 22,120 Posts.
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    Ok so few points to clear up

    1. I'm not a big fan of the wine business, why well I just don't like the fit of wine and Tech Telco IT but it seems profitable

    2. Acquisitions, well they tried to do a Chinese Solar Hot water acquisition earlier this year read this announcement

    http://www.asx.com.au/asxpdf/20130430/pdf/42flhmqwxrhdh1.pdf

    The deal was pretty impressive actually

    25% of Auhua for $6m

    Auhua was making revenues of $33.5m and profits before tax of $11m per annum

    It is a company owned by the directors and this is why I think that if it isn't this that the directors will try vend some other Chinese based business deal

    But yeah its a specie so only put punt money on it
 
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