Shareholders and past shareholders,
Vital signs on BFC are looking terrible.
- H1 FY21/22 - another loss.
- COVID has slowed Food Service sales, Retail holding up
- new CEO arrives April 1. Impact FY22/23??
- Lactoferrin sales look poor.
- Working Capital need must be growing - impact of lower sales and continued milk intake/processing. Is NAB now in control?
- Australia - China relations poor. BFC exports??
- Zero shareholder liquidity.
- Congratulations to Roger Sexton and mates (if he has any left) must be holding BFC above 7c. Analyse week and day sales.
Fonterra Aus - gone quiet. Sell to ?? or breakup or ??
Actions needed - Chair out, Board out and Profit Improvement Plan (cut costs) instigated.
Competitors performance - have a look at,
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Mkt cap ! $5.991M | |||
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| BFC (ASX) Chart |
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