AHF 4.55% 2.3¢ australian dairy nutritionals limited

Ann: Half Yearly Report and Accounts, page-2

  1. 12,161 Posts.
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    In terms of disclosure and clarity this is probably the best half year report to have come out of this lot since inception.

    In terms of the current strategy and focus as stated...on watch but no longer on a heightened alert any more.

    Still yet to be convinced the current overall milk-to-market approach is right as organic A2 milk powder going into baby formula is very very niche and a little bit en passe these days.

    Cleaning up the capital management with the removal of the stapling and various trusts was a good move.

    Existing the rubbish tip at Manifold Street, Camperdown is a good move, talk about an embarrassing legacy that was.

    In terms of actual financial performance....well that's different and still a long way to go. Page 3 and Page 7 say it all unless you like to wallow around in micro-detail. Other than the break down of revenue disclosure....now THAT was interesting.
    Last edited by Amused observer: 28/02/23
 
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