RFG 1.49% 6.6¢ retail food group limited

Speaking from my own view, my 'experience' has come about the...

  1. 269 Posts.
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    Speaking from my own view, my 'experience' has come about the most by the losers not winners. I think many others on Hotcopper would echo that.

    Even without the Fairfax article, there'd have been a big drop for two reasons that I can think of:
    1. Confirmation just 11 days prior that FY18 underlying NPAT will be up 6% then this. That's got to be a record and I would think has class action written all over it (and ASX investigation because they didn't mention any likely downgrade to earnings to them on 11/12/17 after their query)
    2. That debt. Serviceability and comfort to the bankers is the cashflow/ profitability/viability of RFG. Now that the storm clouds have gathered, those bankers will quickly take back that umbrella. I know I certainly would if I was their lender.
 
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