ALF - Allied Farmers Limited

[kiwimalayalee]

Did anyone see the new announcement 🤑🤑🤑

[nztx]

Did anyone see the SP of ALF & the NZL 'Much Dairy Dirt to Lease to Budding Cockies' fall ?

Must be a hand out for some more dough somewhere as thought earlier at beginning of the month ..

Of course some will rejoice at a further one off fees ..

how's that Capital gain going with NZL or not yet ?

[kiwimalayalee]

No news is good news right..??

[nztx]

Just removing the double posting - for those who may be thinking their glasses
are playing tricks ..

[nztx]

No news is good news right..??

SP move today = - $0.02 ..

is that good news ?

[kiwimalayalee]

Add more to the portfolio I suppose...

[nztx]

SP move today = $0.00 = not going anywhere ..

is that good news ?

[kiwimalayalee]

Dividend and Earnings Guidance
24/6/2021, 11:36 am MKTUPDTE
24 June 2021

announce@nzx.com

NZ Rural Land Management Dividend and Earnings Guidance Update
(“Allied Farmers” NZX: ALF) is pleased to advise that NZ Rural Land Management Limited Partnership (NZRLM) has resolved to pay a cash dividend to its partners of $700,000, of which $350,000 (50 percent) is payable to Allied Farmers.

On 3 June 2021 Allied Farmers advised that NZRLM considers that Allied Farmers’s attributable earnings from NZRLM will be approximately $500,000 - $600,000 pre-tax as at 30 June 2021. Allied Farmers also advised that this would be subject to final transactional costs and end of year adjustments relating to transactions that settled on 1 June 2021.

NZRLM has confirmed that these final costs and adjustments have been finalised, and that Allied Farmers’s attributable earnings from NZRLM will be toward the bottom of the range advised on 3 June 2021 (excluding FY21 Performance Fees (if any)).

Richard Perry
Chair

[nztx]

Eric The Great (Or Wat-Now) sends his thanks all of the very few ALF supporters who bothered sending their best wishes
while he was incarcerated in the UK Pentonville Jail .

Unfortunately Eric will be unavailable for a while to help in ALF's up-marketing program, as the SEC is now
vigorously trying to nail his sorry destitute frame to the wall over alleged Insider Trading in the US ..



https://www.stuff.co.nz/business/ind...arket-watchdog

Former NZ rich-lister Eric Watson charged with insider trading by US market watchdog

Former New Zealand rich-lister and ex-convict Eric Watson has been charged with insider trading after passing non-public information about a drinks company to a friend before it announced to the stock market it would “pivot” from dealing in beverages to blockchain technology, sending its share price skyrocketing.

The United States Securities and Exchange Commission (SEC) laid the charges against Watson, along with his friend and broker Oliver Barret-Lindsay, and Barret-Lindsay’s friend Gannon Giguiere, in relation to information shared in advance of an announcement by Long Blockchain, formerly called Long Island Iced Tea. Both Barret-Lindsay and Giguiere are convicted criminals.

The charges come just six months after Watson was released from London's Pentonville Prison where he served four months for contempt of court, after withholding information about his assets from philanthropist and former business partner Sir Owen Glenn.

The SEC’s complaint, released on Saturday, alleges Watson, “an undisclosed control person of Long Blockchain”, helped drive business change within the company and signed a confidentiality agreement not to disclose the company's business plans of switching to blockchain technology, a technology used to record cryptocurrency transactions.

The SEC said Watson tipped Barret-Lindsay of such plans, including by sharing with him a draft of the company's press release.

Barret-Lindsay, in turn, allegedly passed the material non-public information on to Giguiere, the SEC said.

Within hours of receiving the confidential information, Giguiere purchased 35,000 shares of Long Blockchain stock, the SEC said.

According to the complaint, the company's stock price skyrocketed after the press release was issued, spiking more than 380 per cent within one day.

Within two hours of the announcement, Giguiere sold his shares for over US$160,000 (NZ$229,000) in illicit profits, the SEC said.

More at Link


Eric Wat-Now would be most appreciative of any donations from his enriched ALF fans (out of the deal with bits of Hang-Over Finance shot into ALF for many many valueless ALF bits, quite some time back) - to assist with trying to get the SEC off his back ASAP ..

[golden city]

Going to fly soon. Someone is accumulating