FRM 4.17% 11.5¢ farm pride foods limited

Ann: Preliminary Final Report and Full Year Statutory Accounts, page-11

  1. 10,369 Posts.
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    gpsas
    hopefully those same directors may bid for whole company?
    gpsas - you or rush in may know but how much valuable land do they have - i mean could it be a bit like inghams ( the p.e. mob or who bought them recouped all their outlay by selling land )-are many of their sheds on land in rural areas which would not be worth much or have they got some on outskirts of regional centres that could be worth a bomb?- i see they sold land where they had an office a few year ago but they dont appear to have had any revaluations for a while!

    I assume some of the discount to nta is due to the fact that battery egg production is on the decline and converting sheds etc to free range or less intensive will cost big bucks!

    I have only over past two months been buying a few shares - not me today!!
 
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