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Tuesday 20 October 2015

Big Debt causes Price of donuts to crash | Homer Simpson

Stupid headline I know, but looking at Retail Food Groups RFG.AX fall in share price you have to wonder whats going on.
It seems anyone with debt at the moment is being punished, some of it understandable STO Santos has a lot of debt, so low oil prices are going to be an issue for them.

But looking at RFGs balance sheet, recent acquisitions have given them some debt, but grown revenue, and i don't see a huge crash in donut prices! in fact i think a dividend of close to 5% might see some shareholders see good value in this stock.

looks like a reasonable buying opportunity for my superfund.

 Click Link to  Retail Food Group  


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