10-July-2022
Hi Edmond. Have been researching BFIT for a while and your write up has been key for me. Just wanted to know your opinion on the company and the thesis 1 year later of the publication. Thanks!
Good read. I am an investor in BFIT since 2019 & hoping to remain so for a long time.
I think there are a few things you should tweak;
- Energy cost will rise in H2 2023 (fixed contracts until then at low prices)
- working capital is projected to be 10 - 15% of revenue (CMD 2021 - since adoption of the 4-week system with direct debt)
But the conclusion remains the same. Even more so @ current prices!!
Hi Edmond. Have been researching BFIT for a while and your write up has been key for me. Just wanted to know your opinion on the company and the thesis 1 year later of the publication. Thanks!
Good read. I am an investor in BFIT since 2019 & hoping to remain so for a long time.
I think there are a few things you should tweak;
- Energy cost will rise in H2 2023 (fixed contracts until then at low prices)
- working capital is projected to be 10 - 15% of revenue (CMD 2021 - since adoption of the 4-week system with direct debt)
But the conclusion remains the same. Even more so @ current prices!!