fundmanager1944 wrote: stockfy wrote: Tofutti Brands (TOFB) is another company that produces only plant-based foods and a veteran fund manager from Seeking Alpha recommended TOFB a few days ago. He has an impressive track record, according to his Seeking Alpha article below:
SA Article: The next Apple, Facebook, Tesla, Amazon is in the small-cap Market This fund manager specializes in the small-cap market and regularly unearths gems that outperform, based on the linked article above. His latest one, GoGold (GGD) has risen almost 700% since his recommendation. TOFB trades less than 1 times its revenue while its peers Beyond Meat (BYND) and Tattooed Chef (TTCF) trade more than 7 times their revenue.
TOFB's CEO also owns about 55% while being 90 years old (!!!), so he will sell TOFB soon and I think BU could acquire TOFB to expand its product portfolio.
is the following self-explaining (concerning the M&A) ?
https://store.marketline.com/report/ml1139695fd--burcon-nutrascience-corp-mergers-acquisitions-ma-partnerships-alliances-and-investments/
https://burcon.ca/2020/07/burcon-announces-appointment-of-debora-fang-to-its-board-of-directors/
in the second we can read:
Ms. Fang has 20 years’ experience in the fast moving consumer goods industry,
across mergers and acquisitions, strategy, finance and marketing roles for Unilever (London, UK), Danone (Paris, France and Amsterdam, Netherlands), Kraft Foods (Sao Paulo, Brazil) and as a consultant for Bain & Company (Los Angeles, USA). While at Unilever as VP Mergers & Acquisitions,
Ms. Fang was responsible for a range of acquisitions and disposals in the foods, ice cream and tea categories, leading multidisciplinary teams and covering a global scope. She is now an independent advisor for private equity and strategic clients in the food arena as well as a private investor. Ms. Fang holds an MBA from the Kellogg Graduate School of Management at Northwestern University in Chicago, USA and a Bachelor of Arts in Business from the University of Sao Paulo, Brazil.