HRL looks like it had a solid year. Growth has been solid and Profit looks good.
It would have been good to get a little more breakdown in their GM and organic growth etc but also understand they like to stay under the radar of competitors and just do their thing..
Pity they are still a little under the radar of investors as well but that will change as they get bigger..
Did a quick look at the Top 20 and stock is still very tightly held at 76%. However, it would be good to get the 622 holders with unmarketable parcels of shares off the register.. I am guessing they are the Hot Rocks crowd. Though this accounts for less than 3M shares (max) or 2% of the register..
I think Steve is doing a good job over there and patience will be the key to seeing this one double.
Do Your Own Research.
HRL Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
