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AAC, AUSTRALIAN AGRICULTURAL COMPANY LIMITED
blacksheep
post Posted: Nov 20 2019, 09:37 AM
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In Reply To: blacksheep's post @ Jul 31 2018, 03:16 PM

Operating profit in spite of drought impact. SP up 2.97% @ $1.04

Strong Wagyu sales highlight progress on strategy for AACo
QUOTE
• Strongest half-year Wagyu meat sales to date, up 9.5%, driven by volume and
price/mix/exchange improvement
• Underlying* Operating Profit of $9.4m
• Operating Cash inflow of $11.0m
• Statutory EBITDA loss of ($3.4m) compared to loss of ($82.9m) in pcp
• Positive Operating Profit and Operating Cash Flow delivered despite impact of drought
related costs of approximately ($36m) in H1FY20
• Significant head room remains in debt covenants
• Gearing ratio of 30.6% pre AASB 16 Leases1 adoption within targ

https://www.shortman.com.au/stock?q=aac
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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Jul 31 2018, 03:16 PM
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QUOTE
Australian Agricultural Company is holding its annual general meeting today in Brisbane today, and chairman Donald McGauchie has provided an update on their plans to become a luxury branded beef producer.

This decision came after "walking into Harrods in London and seeing our beef being sold for 200 pounds a kilo".

McGauchie says the company has taken control of its supply chain to "ensure the heritage and provenance of our luxury products". And AACO now has one of the world's largest herd of Wagyu cattle.

However, investors still have to chew on a tough $35.3 million loss, due to increased competition, increased costs due to drought and rebuilding the breeding and stud herds.

It is also increasing live cattle sales, which is expected to be more profitable than selling it as 1824 branded beef. And the Livingstone plant has been mothballed.

For the record, Harrod's now serves Darling Downs Wagyu fillet for 390 pounds per kilo.

https://www.shortman.com.au/stock?q=aac
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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
nipper
post Posted: May 23 2018, 08:43 AM
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QUOTE
Australia’s oldest and biggest cattle company, the ASX-listed Australian Agricultural Company has appointed dynamic female industry leader Anna Speer as its new chief operating officer (pastoral) in charge of all facets of its paddock to plate premium beef supply chain.

The appointment puts Ms Speer, 35, a former jillaroo and outback teacher who is currently CEO of online livestock trading company Auctions Plus, in charge of all of AACo’s (AAC) 16 outback cattle stations in Queensland and the Northern Territory, plus two feedlots, one abattoir, 500 regional employees and more than 500,000 cattle...




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
bg99
post Posted: Mar 24 2017, 01:01 PM
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In Reply To: nipper's post @ Mar 22 2017, 04:53 PM

maybe deals lurking with China's Premier here ????

 
cooderman
post Posted: Mar 24 2017, 09:30 AM
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AAC looking like it wants to break out... A re-test of 155 level, that could be sup. would be nice for a possible entry.

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nipper
post Posted: Mar 22 2017, 04:53 PM
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Frozen Beef Stranded at Sea After China Shuts Out Brazil's Meat
QUOTE
Brazil is the world's largest beef and chicken exporter, accounting for almost a fifth of global exports and its investigation into the possibility that some of that food is tainted has hit importers, shippers, food processors and customers around the world.....

The crisis arose after Brazilian authorities announced on March 17 they're investigating evidence food producers bribed government officials to approve the sale of spoiled meat. Prosecutors said some sausages and cold cuts contained animal parts such as pig heads, and that there were cases where cardboard was added to meat products or acid used to mask the smell of tainted meat.............
https://www.bloomberg.com/news/articles/201...t-brazil-s-meat



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 

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cooderman
post Posted: Jan 31 2017, 12:18 PM
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No support at these levels for AAC.. A couple of Brokers have 220-240 valuations, The Market seems to have a different one.
Chart at 1pm.

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opptimistic
post Posted: Mar 21 2016, 07:22 AM
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In Reply To: batikit's post @ Mar 7 2016, 02:53 PM


Well done. Batikit. biggrin.gif

 
batikit
post Posted: Mar 7 2016, 02:53 PM
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AAC looks to break out anytime soon

 
alonso
post Posted: May 27 2015, 03:44 PM
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In Reply To: alonso's post @ Apr 16 2015, 03:35 PM

Just taken a profit it would have been better to have taken a month ago.

(PS The first time I've based decision on a chart)



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"The optimist proclaims that we live in the best of all possible worlds. The pessimist fears this is true"

"What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom." Adam Smith
 
 


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