FRM

3.00%

9.7¢ farm pride foods limited

Using current EBITDA as your marker, when you are dealing with...

First 7 Last

Share
Profile

Follow
MarsC

4,242 Posts.

455

13/12/16

19:44

Post #: 21311444
Share

Originally posted by Adumbro ↑

well, Didak i ll double check but the 6m was including whats not seen on the market.

and yes correct, I can confirm he has been wanting to make a cross at 1.60 with 300k shares and put the other 200k on market... which is what MF above has stated.

I rate this company a lot. revenue may not be growing 20% yoy but it is certainly consistent.
Management has focused on cutting costs, improving margins, setting up the business to do well in the future, use free cash flow rather than debt i.e reinvesting in the company - I don't know to many business that seem to get this right. if you ask me, people on the page have been very short sited i.e worrying about gain costs and contracts etc, yes sure, very important factors - but easily manageable.

there are many many other reasons such as barriers to entry, their practices and accreditation, their market share etc, but what I feel comfortable most with is their balance sheet, if and when the times come their balance sheet is very sound and can be used to propel this business even further.

buying right now on an EBITDA of - 5.4x I think is a no brainier - especially when EBITDA is definitely growing.

we cant help if people feel the need to sell, after all price is a direct representation of supply and demand, I suspect that demand is only lacking because this is not a very well known stock - but thats the opportunity, once it is, and people realise they have this brand in their fridge, it will start a snowball like effect.

I will continue to buy at these prices and for as much as I can afford.

Expand

Using current EBITDA as your marker, when you are dealing with an ag business under likely current beneficial cyclical conditions, is not so much a "no brainer", it's more a case of "no brain". But good luck with it

FRM Price at posting: $1.49 Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

Microcap Wrap: 5 explorers with news out today

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

RCE

Recce's R327 found effective against E.coli during clinical trial

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

There are more pages in this discussion • 17 more messages in this thread...

First 7 Last

Add FRM (ASX) to my watchlist

(20min delay)
Last 9.7¢		Change -0.003(3.00%)		Mkt cap ! $13.95M

Open	High	Low	Value	Volume
10.0¢	10.0¢	9.7¢	$29	296

Buyers (Bids)

No.	Vol.	Price($)
1	2061	9.6¢

Sellers (Offers)

Price($)	Vol.	No.
10.0¢	2793	1

View Market Depth

No.	Vol.	Price($)
1	2061	0.096
2	10551	0.095
3	215000	0.090
1	25000	0.086
1	30000	0.076

Price($)	Vol.	No.
0.100	2793	1
0.105	7698	1
0.115	2950	2
0.120	20389	2
0.125	46961	3

Last trade - 15.41pm 28/06/2024 (20 minute delay)

FRM (ASX) Chart

Using current EBITDA as your marker, when you are dealing with...

Microcap Wrap: 5 explorers with news out today

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Recce's R327 found effective against E.coli during clinical trial

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Ava Risk Group expands US presence with A$0.7M Substation Deal

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Using current EBITDA as your marker, when you are dealing with...

Top Stories

Microcap Wrap: 5 explorers with news out today

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Recce's R327 found effective against E.coli during clinical trial

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Ava Risk Group expands US presence with A$0.7M Substation Deal

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News