Upside

Whether you support the live-ex industry or not, a number of recent developments have certainly been incredibly positive...the past 12 months with Indonesia have set new records for beef cattle....and forecasts shoe these numbers will continue unabated...Vietnam is emerging as a strong 2nd SEA market for short-haul exporters...China dairy cattle going very well....the appointment of Simon Crean to lead ALEC is very important - although this will be like a red rag to a bull (pardon the pun!) to Amnimals Australia who no doubt will take the gloves off and really get aggressive now...the Oz/China protocol agreement for beef cattle into China - wow....the key issue for the trade to meet all this demand will be the availability of livestock shipping - and some exporters are more risk averse with shipping exposure than others...ELD and AACO got a nice bump Friday on the news but the company to relly benefit in the next 12 months will be RHL - and the market hasn't realised this yet...i expect their share price to be back toward $4 after their annual result in a couple of weeks and the realisation that their live-ex team is the best in the industry...all imo of course....DYOR