AAC 1.48% $1.37 australian agricultural company limited.

Kidman empire gone... AAC next?, page-12

  1. 865 Posts.
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    So it's coming up to 1/2 year results time. 6 months ago the results were exceptional, massive ~530%, ebit increase off the top of my head, and as a result the share price popped up from $1.5 to $2.00 a modest 33% admittedly I pulled out before the peak but never the less, made a tidy sum . My doubts this half have weighed. Wellard has suffered greatly and Elders is looking to off load its under performing cattle segment. My question is;

    " is there still any growth money to be made in cattle"

    especially considering the prevailing Brazilian / South American markets. Which have been made even cheaper thanks to the falling South American FXrates. And can we expect to see growth anywhere near what we saw 6 months ago?
 
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