ALF - Allied Farmers Limited

[Lola]

Was that Buy Order that I saw yours ?

Just remember that the Fee for managing the job is just that - no include Moo moos, nor Dairy dirt

Nup. Im udderly full up actually ....at 50 cents.

[nztx]

Nup. Im udderly full up actually ....at 50 cents.

that's udderly good .. I was seriously worried for you when it was showing signs
of sliding down a greasy slope

[golden city]

Just nicely patiently enjoying the way the company improving on every aspect of the business

[nztx]

after an udderly encouraging wee market bounce

that buck is certainly elusive - will it buck the faithful off again after the 2c two step finishes ?

[Sideshow Bob]

Half Year Results to 31 December 2021 - NZX, New Zealand’s Exchange

The Directors of Allied Farmers Limited (AFL.NZX) report an unaudited consolidated net profit before tax (NPBT) of $1.438 million for the six months ended 31 December 2021. This is above the updated HY22 NPBT range of $1.2m to $1.4m provided to the market on 28 January 2022.

[golden city]

Super good management

[nztx]

must be to decide after looking in the crystal ball that everyone onboard didn't need a dividend in January

it saved the Registry costs of shelling out many small amounts to all and sundry - didn't it ?

Were Director's fees and the Staff Christmas party downsized, so all were on the same plain ?

[percy]

Page 12 of ALF's agm presentation.

- Allied Farmers had tax losses as at 30 June 2021 which amounted to $40,568,976
Unlikely that dividends will be paid until tax losses have been utilised - it makes little sense at present to pay unimputed dividends.
- Buy-backs will most likely be utilised as a mechanism to return capital to shareholders as and when opportunities present themselves.

Nothing has changed since I posted this on 22-12-2021.
Made sense then and still makes sense today.

[mfd]

must be to decide after looking in the crystal ball that everyone onboard didn't need a dividend in January

it saved the Registry costs of shelling out many small amounts to all and sundry - didn't it ?

Were Director's fees and the Staff Christmas party downsized, so all were on the same plain ?

The crystal ball readings were performed last year, nothing new on dividends in this announcement. They are holding on to capital to allow them to buy the other half of the NZRLM cash cow.

To your other point, you may remember at the ASM late last year there was a focus on reducing corporate costs, including the removal of the group CEO role.

[percy]

The crystal ball readings were performed last year, nothing new on dividends in this announcement. They are holding on to capital to allow them to buy the other half of the NZRLM cash cow.

To your other point, you may remember at the ASM late last year there was a focus on reducing corporate costs, including the removal of the group CEO role.

Buying the other half of NZRLM would be in ALF shareholders' best interest.