$RIBT The conference call was a bit disappointing
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Posted On: 05/08/2018 5:59:09 PM
$RIBT The conference call was a bit disappointing in that they are having seasonal bran supply problems they should have known 7 weeks ago at the March CC. But they still expect a sales increase in Q2, maybe smaller than hoped for, but Q3 and 4 make up for it. EBIDTA positive around the end of the year. I really don't expect in Q2. They may be announcing a new rice mill line up for bran in the Delta area in a couple of weeks or so.
Key line in the CC at the 25:40 mark
"We have single opportunities that are bigger than everything we are doing combined right now in the food market. " Sure sounds like monster deal is coming, but not quite yet.
http://public.viavid.com/player/index.php?act...rid=637541
Key line in the CC at the 25:40 mark
"We have single opportunities that are bigger than everything we are doing combined right now in the food market. " Sure sounds like monster deal is coming, but not quite yet.
http://public.viavid.com/player/index.php?act...rid=637541
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