BESTON GLOBAL FOOD COMPANY (BFC) Shares
ABOUT BESTON GLOBAL FOOD COMPANY
Beston Global Food Company Limited is a global distributor of Australian produce, which works to deliver premium Australian products to both the domestic and export markets.
The company has a broad product portfolio that focuses on food groups such as dairy and meat that are derived from natural sources with minimal processing, allergens and artificial inputs such as colours, flavours and preservatives.
Since late 2015, the company has successfully taken two substantial dairy factories out of receivership, rebuilt these assets, restored the export accreditation, and brought the assets back into commercial production with elevated operating standards, while building solid relationships with key stakeholder groups and communities.
The company has also successfully completed the purchase and installation of a state-of-the-art Mozzarella plant at its Jervois factory and restored its cream and butter plant as well as its dairy fractionation plant.
Within this same time frame, the company has built a reputation, both domestically and internationally, for producing premium quality dairy products, around its Edwards Crossing brand.
To date, the company has won 113 major industry awards for the quality of its cheese products since. Recently, the company won the Christian Hansen Cup for the Best Cheddar in Australia at the Dairy Industry Association of Australia (DIAA) Awards of Excellence.
OVERVIEW OF BESTON GLOBAL FOOD COMPANY
Beston Global Food Company dairy division comprises its owned dairy farms and its dairy factories at Murray Bridge and Jervois. The company owns four dairy farms in the South-Eastern region of South Australia which in aggregate, produce just over 17 million liters of milk. The farms total 1 546 hectares in size (i.e. 3.800 acres) and carry a 2 550 dairy cow herd plus dairy replacements (i.e. a total herd of 3.687).
These dairy farms have performed strongly, with milk production of circa 17.1 million liters exceeding the management budget. The herd size at 30 June 2019 of 3.687 cows has grown by around 700 cows in net terms since June 2018. The properties also have access to significant quantities of underground water. The company owns material permanent water rights of around 5,044 megaliters.
The company’s acquisition of Provincial Foods Group (renamed from Scorpio Foods) was completed on 23 August 2018 (prior to this time, the company held a beneficial interest in Scorpio of 45%). Since acquisition, the company has completed the extensive transformation of this business. In the lead up to acquiring 100% ownership of the business, the company commenced a number of significant changes.
The Colac factory in Southwest Victoria was sold and the Dandenong office was closed. All retained equipment was relocated to the Shepparton cold storage facility where five cold storage rooms were refitted for manufacturing and SQF food processing accreditation was obtained.
After starting from a position of zero milk supply in 2015 the company now takes in 21% of all milk produced in South Australia on an annual basis. Its longer-term target is to account for 30%-40% of milk produced each year in the State of South Australia.
VISION & VALUES OF BESTON GLOBAL FOOD COMPANY
Beston Global Food Company aims to provide natural and verifiably safe food and beverages to global markets so that consumers can make healthy choices. This is achieved by owning the raw materials, taking advantage of technology in the production process and controlling distribution.
The company’s ethos is underpinned by a commitment to health, wellness and optimal nutrition via safe, sustainable and responsible food supply and production inputs.
The company honours clinical evidence-based medical and nutritional research, culturally appropriate product offerings, domestic and global nutrition standards and legislation based on health claims and substantiation for products, packaging and promotional material for compliance with the Food Standards Code stipulated by Food Standards Australia New Zealand (FSANZ) and Australian Consumer Law.
MARKET PERFORMANCE OF BESTON GLOBAL FOOD COMPANY
Beston Global Food Company Limited trades on the Australian Securities Exchange (ASX), where investors can buy shares under the stock symbol –BFC.
Data from the company’s 2019 financial analysis shows a sales revenue increase by 77% on the same period on the previous year to US Dollar 84.8 million. Revenues for the Dairy Division accounted for nearly 90% of the sales achieved for 2019 and were up by 81% on the prior year.
60% of the company’s milk supply was used in its own production in 2019 and 73% of that went into the production of mozzarella and high value by-products.
This strong performance sets the company to continue its history of delivering a flourishing share price for investors with good long-term growth in dividends, securing a solid buy-in for investors who choose to purchase shares today.
Buy BESTON GLOBAL FOOD COMPANY stocks / shares – A Step by Step Guide how to Buy / Purchase BESTON GLOBAL FOOD COMPANY Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy BESTON GLOBAL FOOD COMPANY Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN BESTON GLOBAL FOOD COMPANY STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE BESTON GLOBAL FOOD COMPANY STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of BESTON GLOBAL FOOD COMPANY stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy BESTON GLOBAL FOOD COMPANY stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?