This isn't a materials company and it shouldn't be treated like...

This isn't a materials company and it shouldn't be treated like one, focus on the eps growth and the rise in NTA not the share price which continues to be used as a tradeing too,yes the timing around the building of the meatworks has meant loss revenue but just remember back only a few years when they banned live export. This is a much lower risk option and we are now seeing a decline in beef spot prices in Australia which will boost the margins from the meatworks.aaco has some very well educated and experienced people in management and board positions and you have to respect the decisions they are Making are based on future returns