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What is MM’s thoughts on Beston Global Food (BFC)?

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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What is MM’s thoughts on Beston Global Food (BFC)?

Hi What does MM think about BFC? Is there a chance an analyst could take a look please?

Answer

Hi Maureen,

Beston Global Food (BFC) is a new one for the MM report and there is no analyst coverage that we can see on this $76mn Adelaide based health food provider whose struggled over the last 5-years  seeing its shares fall from over 25c to todays 8.8c.

After struggling over the last few years the business is enjoying improving sales, especially in its dairy business and this could well become a small turnaround story which will look good technically while the stock can hold above 6c.

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