guru267 wrote:Is it Sugar milling? Ethanol brewing? Water bottling? Power generation? Milk processing?
Due to lack of a core business none of the above have yielded anything to date for this company!
The core business is Sugar Milling. The others [except Milk Processing] are related businesses. The 'power' is also used to run the boilers which drive the Sugar Milling machinery.
Bidco manufactures/refines oils/fats. The 'waste products' from vegetable oil refining is used to produce soap & detergents. It adds value to a 'waste' that would have to be hauled away or destroyed.
ARM is going to produce power from coal. The power will be used internally for cement production as well as sold to KPLC. The ash [waste] from coal can be used as an ingredient in cement production.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett