ALF - Allied Farmers Limited

[golden city]

We are starting the uptrend as not many shares on market

[WAIKEN]

Buyers are appearing now. The register has tightened with WAF soaking up most of the nervous holders.

[golden city]

We are ready to break the dollar soon I think

[golden city]

Let’s see if we will closed at 85c this week

[Sideshow Bob]

WAF going from 19.90% to 19.96%.....getting as close to 20% as they can.....

https://www.nzx.com/announcements/420487

[nztx]

Darn .. should have waited .. if you wait long enough some other sucker will be along chasing your shares for good dough

Maybe they come along next week wanting all they dont already own for a buck a shot .. to help a mate out

[nztx]

Who cares about a skinny Dividend holiday with this mob, when there is an abundance of eager beavers now circling
happy to make the ALF experience prosperous without having wait for New Year

[mfd]

They've been pretty clear for a couple of years now - no dividends planned because they are sitting on a pile of tax losses and it would be inefficient to do so.

[nztx]

They've been pretty clear for a couple of years now - no dividends planned because they are sitting on a pile of tax losses and it would be inefficient to do so.

Tax Losses never stopped them paying dividends before.. why now ?

[n908671]

They've been pretty clear for a couple of years now - no dividends planned because they are sitting on a pile of tax losses and it would be inefficient to do so.

Help me get my head around this.

Is the inefficiency because of the tax losses carried over, they will not pay tax on profits until these losses are used up. Therefore there will be no imputation credits attached to the dividends so shareholders get hit the full whammy tax on the dividends.