(RFG) Donut King ++ BB's Coffee

[duncan22]

Those are two great last posts to read together! $1.26 may seem cheap, once traded over $7, now 7c. This is a tough game.

[Recaster]

Had a look at this company quite recently as a friend thinks it's going to have a run sooner or later.

Here's the latest accounts recasted; interims to 31 December, 2021:

https://recastinvestor.substack.com/...d-group-rfgasx

And the annual accounts to 2 July, 2021:

https://recastinvestor.substack.com/...ail-food-group

[Recaster]

This stock is looking very weak at the moment. Yesterday it traded between 3.9 and 4.1 cents, half of where it was for most of this year.

The only recent issues seem to be the debt extension (a positive) and the ongoing ACCC problem which is dragging on interminably.

Any other information out there on this stock?

[Recaster]

Earnings guidance was released today through the ASX. Things looking ok compared to forecasts. The stock bounced on the news. Currently 4.5 Australian cents.

[Recaster]

Latest look at this company:

https://recastinvestor.substack.com/...d-group-rfgasx

[Recaster]

Rfg has had a decision on its litigation issues and will pay a significant fine. With these issues behind it the stock has started to move.

Disclosure: Not invested

[nztx]

Rfg has had a decision on its litigation issues and will pay a significant fine. With these issues behind it the stock has started to move.

Disclosure: Not invested

Interesting, but the pack of balance sheet cards looks like it's stacked the same way as NZX: MFB & MPG

If a strong wind from an unfavourable direction should blow ....

[Recaster]

Stock has been moving up strongly, now at 9.3 cents AU.

[nztx]

Stock has been moving up strongly, now at 9.3 cents AU.

ASX stocks in places move in strange & mysterious ways which ignore what the picture portrays

[nztx]

Does Donut King sell coffee?

I remember being disappointed I could not get a coffee there a long time ago.

must be a more recent thing unless you tried during Covid lockdowns