ALF - Allied Farmers Limited

[golden city]

We are heading to 10 years high soon looks like

[nztx]

We are heading to 10 years high soon looks like

Thanks for the heads up .. time to sell the few leftover soon as the Feb 2022 $0.92 level reached

Thanks folk for turning something red into something positive

[thedrunkfish]

Whats going on with the share price today? Dropped like a stone.

[nztx]

Whats going on with the share price today? Dropped like a stone.

I sold & someone else must have run out of gold

[nztx]

Where da trend taking us now ? .. looks like towards the 2 year low

didn't even touch the magic Dollar before getting bucked back down

would doubling the dividend or paying two special dividends from the heaps of Muddy Boots
Empire Performance fees flowing into coffers slow the slide down a muddly slope .. or not ?

things must be bad out there if no-one love ALF anymore

[blackcap]

Where da trend taking us now ? .. looks like towards the 2 year low

didn't even touch the magic Dollar before getting bucked back down

would doubling the dividend or paying two special dividends from the heaps of Muddy Boots
Empire Performance fees flowing into coffers slow the slide down a muddly slope .. or not ?

things must be bad out there if no-one love ALF anymore

I don't believe they are intending to pay dividends and probably a good thing. They could do a capital return to shareholders if they so wished to get rid of excess cash...

[nztx]

I don't believe they are intending to pay dividends and probably a good thing. They could do a capital return to shareholders if they so wished to get rid of excess cash...

Sub 50c low to be expected, if things get really tough in the debt laden Farm & Forestry clods empire
satelite, if it struggles to perform & cough up on performance ?

[blackcap]

Sub 50c low to be expected, if things get really tough in the debt laden Farm & Forestry clods empire
satelite, if it struggles to perform & cough up on performance ?

I think ALF will be ok. They have the management contract, one could argue a case for it being onerous, but from an ALF perspective, that thing is a goldmine.

[nztx]

I think ALF will be ok. They have the management contract, one could argue a case for it being onerous, but from an ALF perspective, that thing is a goldmine.

Only any good if there is something left to manage .. and the hardening times dont mean more of the dairy
& forestry clods need to be hocked off to keep the Lenders at bay with their butterfly nets out to scoop up
huge usary dallops for the privilege .. like hungry wolves pounding on the door

these sort of situation have a bad habit of arising when large bucketfulls of OPM are roped in to be used
to buy stuff .. and then economic times change to another set of factors .. let's face it - love it or not
but ALF's Divie abolished is just one casualty of this, no matter what excuses are trotted out to cover it

[blackcap]

Only any good if there is something left to manage .. and the hardening times dont mean more of the dairy
& forestry clods need to be hocked off to keep the Lenders at bay with their butterfly nets out to scoop up
huge usary dallops for the privilege

NZL is listed and there is always that left to manage. By last count NZL had mkt cap of $130m and they keep doing the right thing by expanding that by all sorts of means. I think ALF will be fine.