HRL 4.17% 12.5¢ hrl holdings ltd

Initiation report, page-4

  1. 66 Posts.
    lightbulb Created with Sketch. 6
    Thanks for sharing Morgans analysis.
    I am backing the growth of this company and am bullish on the outlook. With Darren Anderson at the helm - who grew his last business to $200m and 850 employees, opportunity is now!!
    10M shares traded yesterday and close @ .18c - just the beginning.
    HRL / Analytica consolidation and growth opportunities
    Positive catalysts;
    - A positive 1Q19 trading update (end of October)
    - The announcement of final certification for its infant formula pre-export testing joint venture, CAIQTest Pacific (likely by the end of CY18)
    - Development of new laboratory testing services
    - New greenfield laboratory expansion
    - New acquisitions; and
    - Earnings surprising on the upside.
    22c Target

    In saying this - I am in for the longhaul - largest holding in account since 7.5c
    Loaded up on more at 16c
 
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