Let’s see what sort the return those management contract can producing It is a good fit business for Alf. Livestock agency . Rural land management rural finance meat export a complete rural company in making
Printable View
Let’s see what sort the return those management contract can producing It is a good fit business for Alf. Livestock agency . Rural land management rural finance meat export a complete rural company in making
I would be more interested in the actual land company. Despite having an external management company, which are supposed to be disadvantageous.
The market seems to like it. Up 11% to 69 cents.
I think more acqusitions on the way to leverage the listing shell
Possible if not very likely - check the interests of the following incoming Director:
From announcement:
"At completion, an Allied Farmers Director representative will join the Board of NZRLM, and NZRLM co-founder Christopher Swasbrook will join the Allied Farmers Board;"
Smart Money - Meet small Rural Servicing & Livestock Services Co sitting in Listed NZX Shell with interesting past ;)
SP could be elevated on further developments ;)
Also to leverage Historic loss for tax benefits from new profitable acquisitions
The same Christopher Swasbrook who was/is involved in BIL (Bethunes Investments)
with it's listed shell effectively sold off in past years & used by TIL (Transport Logistics)
The BIL unlisted Shell still exists with investments portfolio after in specie distribution
of the subsidiary with investment interests after listed shell 'sold'
Listed Company Share Registers can be very useful for floats of other ventures too
as was demonstrated by HGL with two in specie distributions of floated ventures
Holders of ALF certainly deserve some 'luck' & better prospects after parts of the Hanover
Finance bag of tricks / unfolding disaster landed in ALF's lap for final tidy up, some years back
Won’t be surprise if we crack one dollar after one more good news
The capital raising is for expansion if they keep bring us good deals cr is a good thing sometime