Anyone a little concerned at the recent price action? Down from almost $1+ to under 80c today, and effectively no buyers until 60c. Surely people will see value here. Or is there too much fear regarding the macro situation?
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Anyone a little concerned at the recent price action? Down from almost $1+ to under 80c today, and effectively no buyers until 60c. Surely people will see value here. Or is there too much fear regarding the macro situation?
I see some buyers at 77c 79c - more buyers than sellers infact
The fall is likely part of the cross the market fall seen recently IMO
Discl: Not a holder
Oh Eric - are you hiding under a desk in the ALF Office anywhere ?
Uncle Sam wants to have a word about something ;)
https://www.nzherald.co.nz/business/...XNZTFB5FHBNMA/
Where's Eric Watson? US regulators seek to serve embattled Kiwi in insider trading case
Quote:
"According to KPMG's most recent report, filed January 21, 2022, Mr Watson is indebted to the liquidated entities for approximately 57 million New Zealand dollars."
The most recent liquidators report notes KPMG has recently filed proceedings against Watson in the High Court seeking this sum.
Looks like poor old Eric may have got himself quite deep in a fair bit of strife ;)Quote:
Watson, a former New Zealand rich-lister and once the owner of the Warriors rugby league club, was also previously co-owner of Hanover Finance, which left thousands of New Zealand investors hundreds of millions of dollars short after it collapsed at the beginning of the global financial crisis.
Wonder if his Mum or Sister can help out with a very large loan ? ;)
A quarter of a Billion should just about cover Debts to Owen, the Liquidators and Kiwi Taxman
maybe a bit more needed to settle Uncle Sam and shut things up for good :)
Just love this announcement....lol
https://www.nzx.com/announcements/389754
Every bit counts. The board is working hard to improve the earning per share currently love the attitude
If the Factor of Materiality is considered and the Muddy Boots Empire is remotely near adding in in total
then ALF's books may only require a brief 5 minutes look in by the Auditors ;)
What was the new Auditor's scoop out of this ? Are they also doing the captive "Untold Farming Dirt' empire as well ?
If they have both on board then maybe they should throw in ALF as a free Bonus job for signing off the bit of paper
stating they saw nothing curious ? :)
At worst - perhaps ALF should pay the Auditors in shares to conserve cash for a rainy day ? :)
https://www.nzx.com/announcements/389893
Heartland to acquire livestock business in Australia
Looks like the new competition just brought the Livestock financing game home :)
perhaps ALF should sell their financing division and concentrate on managing plots of
farming dirt ? ;)