ALF - Allied Farmers Limited

[golden city]

It is totally non sense. They are buying existing Dairy land which dairy farmer leasing. Which only take a few months for a transaction than income will start to flowing in. Plus allied is forecast second half looking ok. The first half is the worst you can get from covid 19 point of view. Which Alf still manage to be profitable. Plus the new acqusition I only can see profit increases plus share price Appreciation. I am thinking it is on its way to one dollar if they get another accretive acqusition

[nztx]

The best of Farming Sticks & pasture transfers follows patterns of Succession - along lines of 'Keep it in the Family'

A long pattern of this evident

ALF elude to Drought conditions

- How many sell in a Drought environment ?

- How many would sell & lease back in a Drought ?

- How many would look to lease (long term) in a Drought ?

- How many would rather follow 'Succession steps" as referred to earlier or perhaps use the 'Family Bank" to enter the sector ?


What sort of standard would any potential NZRL buys be - given the above ?

What vast pool of Management Skillsets do ALF have now or available for their part of this add-on Scheme ?

Buying a portfolio of reasonable quality dairy properties doesn't happen overnight, nor does capturing
potential mutation of the "Sharemilker" type of participant for such properties, which NZRL are targeting as their audience

[golden city]

What a day for alllied farmer after rights. Up 14%

[nztx]

Seems so -- Market seems to like the scheme of things

[golden city]

It just continues to go up Could be another merger acqusition with a finance company comming up soon

[nztx]

... then it go down today ..


Has someone found yet another HANGOVER FINANCE on it's last legs to nicely fit into a gap at the ALF stable ? ;-)

[ratkin]

1 in 3 share consolidation at 50c is a pretty large discount to the current price, too large.
Shows either bad management or a lack of confidence in their ability to attract finance at a reasonable price.
Surely they could have aimed a little higher than .50C

No wonder the price took a hit yesterday, with this news it should be closer to Sixty cents. The market has been carried away just because they are going to buy a bit of land and rent it out.

[mfd]

1 in 3 share consolidation at 50c is a pretty large discount to the current price, too large.
Shows either bad management or a lack of confidence in their ability to attract finance at a reasonable price.
Surely they could have aimed a little higher than .50C

No wonder the price took a hit yesterday, with this news it should be closer to Sixty cents. The market has been carried away just because they are going to buy a bit of land and rent it out.

You have got this a little bit backwards - the 50 raise was proposed back in October with the share price a little under 60c. Since the announcement, the share price has risen quite nicely.

A good problem to have.

Edit: also ALF are not buying any land, they are buying part of the company that will manage the land that NZRLC buys and rents out. ALF will simply be clipping the ticket.

[golden city]

It is a very good problem to have The share price goes up after the deal announcement With a big discount when you look back now but that will attract all shareholder take up the rights and a very good outcome for the company

[nztx]

All your positivity - golden_city tempted me too much to put toe in the water again

we shall see - huh