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Hi sorry just looked at the clock and is 11.30 here , so might be past the cut off , Any way on the hit list is RFG , Riguad is buying lots of RFG , I have a small holding and was waiting to see if you would buy in before I bought more or even sold out , what is you current thoughts ? Thanks Glenn G

Answer

Hi Glenn,

We like RFG here with the view that by 2026 they will start to really see the benefits of the turnaround and do something like $18-20m NPAT which would have them on around 10x earnings.  It’s just a bit small for us and its been a slow grind with more patience required.

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Retail Food Group (RFG)
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