Ann: Letter to Shareholders - Farm Update, page-25

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rookstar

4,953 Posts.

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15/06/18

12:59

Post #: 33735640
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Yeah ditto what you say it was once a promising company i really did believe in it.
But no direction and being too protective has seen it come unstuck.
Competing with $1 milk was always going to be a tall order.
Fast forward to today and seems like they are more lost than ever.

I wonder where the new loaylist cheer squad got to, they seem a little quiet from their convincing success of this company.

Originally posted by Amused observer ↑

Kind of sad really.

It has well and truly lost the early mover advantage and is now being clearly overtaken by others fleet of foot and with better grounding and financial backing. The share register does it no favours either but that has been known for some time now and with the Board composition being is stuck in self preservation mode it will take some serious changes for this one to gather any momentum and recover any market credibility it was granted in anticipation in its early days.

C'est la vie.

There is emerging a new breed of entrepreneurs in the dairy sector of the agriculture market and this isn't one of them but to its credit it did have a crack at it. some of these others will go the way that AHF has gone whilst others will survive and some may even thrive. So much has changed in the last couple of years in this sector from policy right down to business models and type of operations with more change yet to come.

C'est la vie.

35 cents someone mentioned I think. Well it is less than half that right now with scant trading enthusiasm and not much in the company pipeline to change that other than strategic rhetoric. Maybe it is time for another fresh snappy strategy-of-the-future announcement by the company so to give the waning share price a bit of rumpy-pumpy and let the last batch of fresh entrants exit and churn in a new batch of hopers, wishers and dreamers.

C'est la vie.

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AHF Price at posting: 17.0¢ Sentiment: Sell Disclosure: Not Held
4 Upvote

0 Great analysis

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