Not a worry to me :D
Printable View
......BUY ON THE DIPS! ( only fools do the opposite)
Dropping because the 6 month report is out and does not say anything we don't already know. They do state "Accordingly although a further operating loss is anticipated in the current financial year our expectations are for the Company to move to profitable operations during the course of the 2015 financial year."
......just the usual panik selling Moosie by the nervous nellys who dont appreciate the BIG picture. Happy to just watch the stupidity and BUY into it......come to mamma!!
Thanks Bilbo - had not seen the report just come out :)
Upbeat report, as hoped. In particular: "Accordingly although a further operating loss is anticipated in the current financial year our expectations are for the
Company to move to profitable operations during the course of the 2015 financial year." (P7)
I will be interested in reading what everyone in here makes of the report. Revenue increase of 24% but also note: "Also the prior reporting period included turnover of $180k from the discontinued operations of BLIS Functional Foods („BFF‟) and therefore the underlying increase in sales of ingredients and finished consumer products was significantly higher at 86%."
That sounds like good progress to me, but I guess the market needs to see sustained increases in sales before getting excited about BLT.
"The formal approval (export accreditation) of our nutritional formulations plant (expected in December) will be a significant milestone in the implementation of this strategy. Upon receipt of export accreditation these products will be marketed in Australasia, Asia and parts of Europe." (P5)
That includes NZ then.
I like this as well "Sales will be further boosted when the nutritionals plant is certified for export (expected in December 2013)"