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0.7¢ halo food co. limited

Hi Mundo, Can you advise where you got the SOI figure? Does this...

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101 Posts.

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09/05/19

11:43

Post #: 38484878
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Originally posted by Mundo122: ↑

View attachment 1547581I dont like how the staff costs are increasing per quarter with no real growth in revenue.
Next quarter their expected cash outflow is 1.87 mill, yet they haven't made that cash inflow yet, so expecting another loss for the quarter.
Need to really see some drastic change in cash inflow before investing capital.
Waiting for the second plant to be up and seeing what revenue its generating.
9.7 mill of cash in hand is good, but they are buring through cash as well, with no profits and with the another plant to be manufactured I would be weary of costs.
I think price is rising because the EOFY accounts are due soon because its New Zealand. I guess its FOMO before the sell off. Just biding my time lol

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Hi Mundo,

Can you advise where you got the SOI figure? Does this include those in escrow?

Cheers.

KTD Price at posting: 55.0¢ Sentiment: Hold Disclosure: Held
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