FFI purchases Golden Popcorn

Jandakot based food manufacturer FFI Holdings Ltd has entered into an agreement to purchase Golden Popcorn, for $150,000.
Golden Popcorn is a Western Australian based business that has been in operation for over 30 years, packing and distributing a range of retail popcorn products.
FFI intends to merge the new business with its existing Olympic Fine Foods division.
The business is strategically an ideal fit for FFI. Golden Popcorn has many synergies with the existing FFI business operations and will assist in expanding the company's confectionery and snack foods division.
The purchase together with the working capital will require an investment of approximately $150,000, which will be funded from cash reserves and existing lines of credit.


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FFI Holdings (FFI)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
384thFFI Holdings12%9%
518thAtlas Pearls and Perfumes-8%-10%
540thXRF Scientific-10%-9%
689thInternational Equities Corporation-39%32%
820thAlexium International Group-79%0%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$17k Bought
$74k Bought
$10k Bought
Total value as at the date of the transaction
Source: Morningstar


60th-FFI Holdings$34.3m
69th↑Alexium International Group$24.0m
70th↑XRF Scientific$21.5m
72nd-International Equities Corporation$19.5m
73rd↓Atlas Pearls and Perfumes$18.2m
239 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from FFI Holdings

597thGeoffrey Nicholson$206k
643rdBrett Matthews$189k
707thRodney Moonen$162k
Ranked by total remuneration from all listed WA companies

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