This online shareholders' meeting took about 2 hours, and most of the time was spent answering questions. The management always answered questions, and the transparency was quite good. I actually didn't have much expectations for the results that were released after 5 o'clock. The results were mainly supported by hydroelectric power generation, but they were dragged down by Edenor's oleochemical business.
Basically, all kinds of information given by management are quite positive about the future. Currently, it is mostly about planning for the next few years. I believe these layouts will show obvious gains in 2026.
Currently, MFCB can be considered a comprehensive enterprise, covering a wide range of areas of business. Because the cash flow is strong, as long as the IRR of the project is good and you happen to meet a good partner, the MFCB will run to plug in and test the water temperature. The downside is that the market often doesn't value conglomerates too high. If it grows bigger and stronger in the future, it is also possible to spin-off and go public.
MFCB's business strategy is mainly to provide capital through shareholding and deepening the field with high-quality partners. Each business has exclusive partners and experts in related fields. For MFCB, the company values the people behind it more than the business, especially when choosing a partner.
Good people can make a bad business look good
✍️ Q&A
✅ What was the reason for the acquisition of CSCAH?
A: Investing in CSCAH will significantly strengthen Food Security's business. Food security will be...

Happy Friday I guess?😋
Let’s see how the US marker goes today!💪🏻