Even though it's a good result, it looks to me like the strategic move from live sales to boxed beef & Livingstone has cost them a bumper jackpot year because of the difference in price increases, Live cattle +30%, beef 6-10%. But, as they keep saying, it does provide a path where future earnings are more sustainable, consistent and predictable. There is definitely sales and profit momentum. As I asked in a post last year, when are beef price increases going to catch up with live cattle price increases? If this happens their strategy will be more than vindicated.
Ann: AACo 2016 Half Year Results Presentation, page-5
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.39 |
Change
0.020(1.46%) |
Mkt cap ! $852.9M | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.39 | $1.36 | $613.8K | 445.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 358 | 1 |
View Market Depth
| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| AAC (ASX) Chart |
