Australian Agricultural Company Ltd(ASX: AAC) is Australia’s largest producer of cattle for export and from September 2014 will have a facility in Darwin dedicated to the export of processed meat into Asia. The company also owns a huge amount of land that produces feed grain, wheat, sorghum, and cotton. Earnings are forecast to grow strongly in coming years and could be set for a period of outperformance.
BUT do your own research, Know the valuations, look at the demand curves and then only invest what you can lose
I personally would be ambling over the Clarence Valley (NSW BEEF) or Margret River (WA Diary) districts at the moment.
BAL Price at posting:
$6.08 Sentiment: Hold Disclosure: Held
