Best wishes with the settlement, never hurts too much to take a profit when the money is needed elsewhere.
In regards to the current year profit, whilst improvement is expected that will be offset by the loss of the Olam contract and the older almond orchards being removed.
Still, the situation in California continues to look bad keeping upward pressure on almond pricing.
3 of the best small-cap stocks money can buy
By Ryan Newman - February 3, 2014
Although they may not offer the same level of security as Australia’s blue chips or other well-established growth companies, investing in small-cap stocks with promising futures can be one way to build your wealth exponentially.
While the market rose strongly in 2013, there are still some very attractive offerings at the smaller end of the market which could deliver impressive gains for years to come. Here are three companies that seem the most appealing today:
Select Harvests Limited (ASX: SHV): 2013 was a breakout year for the almond producer as the company focused on cutting costs and improving production rates. While investors might be turned off by its 300% gain over the last 12 months, I believe there are still gains to be recognised. California, which is the world’s largest producing region (producing some 80% of the world’s almond supplies) is currently entering its third year of severe drought which has caused prices of the nut to climb, meaning higher revenues for Select Harvests in 2014 and beyond. Shares are looking very attractive at $5.77 each, while it also offers a 2.6% fully franked dividend yield.
http://www.fool.com.au/2014/02/03/3-of-the-best-small-cap-stocks-money-can-buy/
http://www.abc.net.au/news/2014-02-04/almond-season-good/5225460
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