I disagree @Linzy. The acquisitions they have made have been...

I disagree @Linzy. The acquisitions they have made have been high quality, though TFL isn't known by consumers the brands it owns are well known and identified as premium delicious products which are steadily growing in market penetration. IMO that means they are following the strategy they identified to shareholders by building brand strength and supply depth. Which opportunities that they could afford do you think were the big misses? There have been some excellent niche food brands that have gone belly up trying to expand production facilities beyond their cash flow reach too fast because they couldn't afford the opportunity. I'm content waiting. Yes it's mildly annoying the stock appears red on paper but if I was in green I would still be holding on expectation that this is slow growth.