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22-11-2013, 11:51 AM
#3631
Originally Posted by jonu
Dropping for the same reason it went up Clip. Now that is a bit of a worry.
Not a worry to me
Last edited by clip; 22-11-2013 at 11:52 AM.
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22-11-2013, 11:51 AM
#3632
......BUY ON THE DIPS! ( only fools do the opposite)
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22-11-2013, 11:54 AM
#3633
Member
Originally Posted by jonu
Dropping for the same reason it went up Clip. Now that is a bit of a worry.
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."
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22-11-2013, 11:57 AM
#3634
......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!!
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22-11-2013, 11:57 AM
#3635
Thanks Bilbo - had not seen the report just come out
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22-11-2013, 12:01 PM
#3636
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)
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22-11-2013, 12:03 PM
#3637
Member
Originally Posted by clip
Thanks Bilbo - had not seen the report just come out
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.
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22-11-2013, 12:04 PM
#3638
"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.
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22-11-2013, 12:04 PM
#3639
I like this as well "Sales will be further boosted when the nutritionals plant is certified for export (expected in December 2013)"
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22-11-2013, 12:04 PM
#3640
Originally Posted by moosie_900
Reality just hit at about 200km/h...
I assume it was stop losses being triggered. Anyone here caught.
I predict it will drift north again though the day as those that are buying see the opportunity to top up at the lower price.
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