Silver Ferm Farms

[Sideshow Bob]

Here we go boys & girls....

Media_Release_Silver_Fern_Farms_Coop_Result__2020_ Final_310321.pdf (usx.co.nz)

Good solid result. Strung 2 years together, and through Covid.

6.5% net dividend (at todays price).
Coop still sitting on circa 20-22c cash per share.
Coop share means a net profit of about 30c per share.
Coop shareholder equity of about $3 per share.
PE still under 3......
SFF only paying out less than half their profit.

No mention of donning or doffing, or inventories - but maybe not much of an issue??