Silver Ferm Farms

**Sideshow Bob** · 30-08-2021, 12:10 PM

Originally Posted by iceman

Yep. When I started working there in 2007 I used to get AR$ 3.5 for 1 USD. When I was in BA a couple of months ago, I got AR$ 180. A decent bottle of Malbec AR$ 350-450 :-)

The more you drink, the more you save!!

**surfnturf** · 31-08-2021, 11:15 AM

In the 2019 Annual Report page 13, the net profit before tax is 35.1m and then the after tax number is 34.9m, giving a difference of only 0.2m, any reason why this is?

**percy** · 31-08-2021, 11:18 AM

Originally Posted by surfnturf

In the 2019 Annual Report page 13, the net profit before tax is 35.1m and then the after tax number is 34.9m, giving a difference of only 0.2m, any reason why this is?

Quoted on USX are SFF [coop] which owns 50% of Silver Fern Farms Ltd.
The tax was paid by Silver Fern Farms Ltd.
The .2mil difference I do not know.

**GTM 3442** · 31-08-2021, 11:25 AM

Originally Posted by Sideshow Bob

The more you drink, the more you save!!

I've been trying to drink myself rich for years with DGE Diageo in the UK, but it hasn't worked yet.

**iceman** · 14-09-2021, 01:28 PM

Good to see a steady climb again. Not far from the ATH back in May. Not unlikely we see more buying towards year end with some farmers wanting to make sure they have a sufficient amount of shares to get the full "Patronage Reward".
The reports from Simon Limmer indicate a very good year for SFF so on track for another great dividend :-)

**macduffy** · 20-09-2021, 02:30 PM

Grain-fed America keen on Silver Fern Farms' grass-fed beef"

Business Desk article today. Paywalled.

**iceman** · 20-09-2021, 03:19 PM

Originally Posted by macduffy

Grain-fed America keen on Silver Fern Farms' grass-fed beef"

Business Desk article today. Paywalled.

Thanks macduffy.
An interesting article, finishing of on this positive note (copied from BusinessDesk), bearing in mind beef is where SFF make most of their money.

"According to Silver Fern Farms, it is currently on track to process 24% more beef across its programmes in the 2020-21 season than in the prior two years. "

**percy** · 20-09-2021, 03:40 PM

Originally Posted by iceman

Thanks macduffy.
An interesting article, finishing of on this positive note (copied from BusinessDesk), bearing in mind beef is where SFF make most of their money.

"According to Silver Fern Farms, it is currently on track to process 24% more beef across its programmes in the 2020-21 season than in the prior two years. "

24%..That is a huge increase.