For what it's worth I had a look at AHX, pretty stock standard agricultural services business that is primarily growing through small acquisitions of country vets. Business has been impacted by the drought & low pork prices, went backwards on undelyimg last year. Pretty fully valued on FY 19 business, PE 11.1 yield 3.8%.
However the deal to provide consultancy services to Chinese sheep producers & today's announcement re Zoono Poultry could dramatically drive the business. Plus Pork prices have definitely turned with impact of ASF which would be a positive driver. I'd rate it a speculative buy below 38c, current price 42.5 c.
ZNO Price at posting:
34.0¢ Sentiment: Hold Disclosure: Held
