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11-07-2021, 03:44 PM
#1401
Member
Originally Posted by golden city
Going to fly soon. Someone is accumulating
Dear Golden, You seem to have a good handle on this company and its strategy. Certainly better grasp than nztx who is stuck in the past with all his obvious grudges.
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11-07-2021, 06:58 PM
#1402
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18-07-2021, 04:01 PM
#1403
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19-07-2021, 09:48 PM
#1404
Soon we will find out what is the profit like this year
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03-08-2021, 05:19 PM
#1405
Last edited by nztx; 03-08-2021 at 05:44 PM.
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03-08-2021, 05:58 PM
#1406
Member
Originally Posted by nztx
https://www.nzx.com/announcements/376562
Okay so a bit of fancy footwork & reward for a bit of 'you pay me a fee to buy some farm blocks for you' and we'll call it fees
revenue around the camp .. (please watch where you're walking to try to miss all the cowpats in the paddock) ..
Hope the REA's got their large commissions on the sales & buys - did ALF provide that service as well .. or not ?
No Ca$h out of this one for ALF - Boys & Girls - as it's all been reinvested back into the Muddy Boots Management Co ..
for an increased exposure to managing large dairy plots ..
Should make ALF's FY 2021 look a bit prettier, (on paper at least) even though there still wont be cash out of it for this then either ..
Guess everyone can go back to sleep again as ALF only spit out a Cash Dividend once a year in January ..
I was wondering when you would pop out from under your paddy. ALF can always bolster their cash and pay a nicer div by selling a few of the sister company shares. Not a bad change in direction so far ....and all done by a banker from Parnell. Who would have thought?
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03-08-2021, 06:03 PM
#1407
Last edited by nztx; 03-08-2021 at 11:06 PM.
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03-08-2021, 10:33 PM
#1408
Alf is progressing well happy with the acqusition so far. With both dividends from nzl and nzlm. What else acqusition you can make almost 50% investment returns, 3 years 2.5m back in full I think
Last edited by golden city; 03-08-2021 at 10:34 PM.
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03-08-2021, 10:42 PM
#1409
Last edited by nztx; 03-08-2021 at 11:08 PM.
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04-08-2021, 06:37 AM
#1410
I can't shed any light on the 50%, but the benefits to ALF are obvious. This is a small company, now valued at about 15 million. They now have a repeatable, growing annual stream of a million or so, on top of their other ongoing operations which have tended to produce about a million in annual profit. They continue to try to grow these steams and expand into other areas.
We're unlikely to be looking at a ten bagger, but the company is likely to make very tidy profits over the next few years and the NZRLC management fees are a very useful contribution to that. Perhaps shares will be a dollar in a year or two all being well.
Not sure what else you are trying to insinuate, you will have to be more explicit about your concerns.
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