Finally In19 Sep 2012 11:10
Well finally jumped in here...I've watched this company for years and perhaps I've gone against the rules that say you should never catch a falling knife and sit and wait for an upward trend confirmed.
But I like the potential and the fundamentals here, or am I missing something?
Okay a small loss first half of the year but that was due to hefty spending on product promotion which I'm sure is yet to bear fruit. And the board have already said that sales of the new soya sauce product are already in line with expectations.
Plenty of money in the bank and the sale of the animal food arm to bring more money in.
Results next week so let's see what the news on the week brings and how it effects the market...been very quiet lately in share trades.
Good luck to all of you who hold CFC !