HRL 0.00% 16.0¢ hrl holdings ltd

Secret gem!

  1. 202 Posts.
    lightbulb Created with Sketch. 32
    Agreed to all but of you ain’t patient this one ain’t for you. I got on 2 years ago at this same price pretty much. No regrets but I suspect it could be a little while longer before things starting moving up here. The Company is unknown and when it comes to growth by acquisition the market prefers companies with shocking balance sheets and questionable business models, management etc.

    I’m hopeful that once things settle a strong quarterly cash flow result could be a catalyst. Hopefully we don’t have to wait until the company finally declares a dividend in a couple/few years.....
  2. 7,060 Posts.
    lightbulb Created with Sketch. 218
    Totally agree with every point you make there @Fozza.

    The only thing that puzzles me is that if Canaccord think HRL is 40% undervalued, why are they the largest net seller since the start of the year? Admittedly, we're only talking about a couple of million shares but I guarantee you that if they stopped selling we'd be in the 20s.

    Any chance you can put up a link from Canaccord?
 
watchlist Created with Sketch. Add HRL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.