IMU - Good sense Ann.

[Marno_1]

Hope that the new sense Ann. will give the share a little boost. IMU is stuck on 3c to 4c now for ages.

[Wino]

Don't know this share from Adam. Did a quick bit of research. Found they have 4 products; Sungold, Funa, Impilo and Immuniti. Other than Impilo (Soy bean flour and other products) which was easy to find, the rest of the products were eventually located under www.nfoods.co.za. For FMCG stuff, this is not good marketing.Their trading update states that HEPS loss will improve by 10%. I am not sure what this means, but with average t/o at only R5mil/month, I am not sure how they will achieve critical mass in the food market. They may however be a buyout candidate by one of the majors as they specialise in the lower end of the market.