Thanks you the well wishes, RS.
I and hear you and feel your frustrations. 3 years is a long time, as I mentioned I was one of the lucky guys that managed to have come out on top in this stock. But in my view AHF is ko different to any other small caps. listed on the ASX. Each company has it's own story to tell, it all depends on if they can convince you to buy their story telling. The way I approach all stocks is that I am not buying into any assets as in the case of the company going into administration we common share holders will lose out to the creditors. What we are doing is actually buying into the company's debt. Will the hope that they can generate a greater return than you or I going into business. 3 years ago, AHF was a business searching for a direction, like all new businesses it tried to stay afloat, today we have a joint venture with a successful NZ company with some international profile, it has a manufacturing plant and a range of products marketed via Woolworths and within the next 3 to 4 years we actually have our own Organic milk powder. All the hard work has been done already. I could be wrong, but as Warren Buffett would say, be greedy when others fear and be fearful when others are greedy. The stock is holding up well the pass 2 weeks and has a nice volume turnover, this might be an opportunity to buy in or sell for some, it all depends on each individual's financial position.
AHF has a market cap. Of $40.5 million at present, if like what Grant mentioned in his post, should management be able to communicate effectively and capture the attention of other fund managers it will easily move back to mid 20 or low 30s. I am hoping that we can achieve this much earlier than the 2 to 3 years that I have forecasted.
- Forums
- ASX - By Stock
- AHF
- Ann: AHF Acquires Flahey's Nutritionals Pty Ltd
Ann: AHF Acquires Flahey's Nutritionals Pty Ltd, page-40
-
- There are more pages in this discussion • 24 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 AHF (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.9¢ |
Change
-0.001(3.33%) |
Mkt cap ! $12.63M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 2.9¢ | $47.56K | 1.591M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 259252 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 213992 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 740876 | 0.125 |
10 | 545141 | 0.120 |
4 | 362511 | 0.115 |
7 | 208000 | 0.110 |
1 | 25000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 88114 | 3 |
0.135 | 253636 | 8 |
0.140 | 460127 | 9 |
0.145 | 165385 | 2 |
0.150 | 157451 | 5 |
Last trade - 13.51pm 27/11/2024 (20 minute delay) ? |
AHF (ASX) Chart |