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Gold/Mining/Energy : Yogen Fruz IT'S ALIVE, IT'S ALIVE -- Ignore unavailable to you. Want to Upgrade?

To: Stocker who wrote (917)	12/11/1998 5:17:00 PM
From: telecomguy	Read Replies (1) \| Respond to of 2453

Does anyone know what is happening to the Butterfat price right now? And what % of Yogen's cost is made up of Butterfat anyway? In other words, how important is the price of Butterfat in Yogen's profitability? (Never did I think I would care about Butterfat price in my wildest dreams!) This company is being unfairly penalized by a general malaise in the TSE and some previous scams (Bre-X, YBM Magnex). I have owned this stock for over 2 years and have been following the Serruya brothers moves fairly closely. Based on that, what I have seen is an honest, hard-working family who is trying to build a World-Class company in the mould of Haagen-Daaz, and Nestle. These guys are continuously betting their company by expanding into different market channels (very creative ones) and making astutute acquisitions. If you look at what they have accomplished in few years from a Mom & Pop 1 store location retail store to what they have now, I don't think that it is hard to imagine them becoming a global Frozen Foods king, capable of competing with anyone. To think that a small accounting accrual entry is being interpreted as some sort of a evidence that the Serruya's are sleazy or that they are trying to scam the market is simply incredible and bordering on the moronic level. I mean, they have over 35 million in cash from operating profits - how can an accrual (which is perfectly an accepted accounting practise) be looked as manipulative? If the Serruya brothers were trying to scam the market and then cash out, they certainly have not done that. The fundamentals are incredibly stacked right now for the investor of YF at the current price and anyone who understands this company and the ability of the Serruya family to perform will make big gains in the next year or two.