BFC - Beston Global Foods

[Rego55]

I recently moved to Oz. I bought ATM when i was back in NZ for .60 and recently sold up. I was looking for something in a similar area but with a bit more growth potential and found this.

The AGM presentation can be found at the link below and is worth a look:

http://www.bestonglobalfoods.com.au/Investors/?page=presentations

Keen to hear if anyone else knows much about them or has heard anything or has any thoughts?

[NZSilver]

I've followed this one a bit, its in a HOT sector! but will it do well is hard to tell.. I think I would stick to A2m - will likely run up into feb results. I would keep an eye on BFC, see how they go as they begin to create a track record.

Motley fool http://www.fool.com.au/2015/07/24/why-you-need-to-avoid-beston-global-food-company-limited/

[Kirk]

Bought this a couple of weeks ago. The diversification was a large reason why, along with smashing all their targets and their assets are in hot sectors. I did have a concern of them paying approx 60-80% NPAT

[mondograss]

I personally like the fact that they've thought ahead to the inevitable grey list\counterfeiting issues that will come from selling into China and built their Brandlock system and Oziris tracking software. It's good to see a company like this being proactive.

[King1212]

I really like BFC, as I did a research about the demand of quality food in China. Where middle income families raise, so thier appetite of good food. A lot of Ozzie investors are waiting for thier result which is due in August. A lot of punters also stucked during the hype time...December 2015 to mid February 2016. I think most of them bailed out as u can see the SP went down to .35 cents on March to April 2016. Now, it looks abit settled. I really want to top up, however saying that this company just afloat less than 1 year....if thier result is good then this company will fly away up north but if crab....then All investors will bail out. But I still think it is a winner.

http://www.abc.net.au/news/2016-05-23/china-flags-greater-appetite-for-australian-dairy-products/7437832?section=business

[King1212]

http://www.thebull.com.au/articles/a/60407-chinese-consumption-key-for-australia.html?utm_source=ST&utm_medium=email&utm_campaign=ShareTrader+AM+Update+for+Friday+3+Ju ne+2016