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Microcap & Penny Stocks : ARMF (Armanino Foods of Distinction)
AMNF 3.6500.0%10:45 AM EDT

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To: E_K_S who wrote (61)7/15/2019 1:35:14 PM
From: robert b furman   of 62
 
Hi E_K_S, I was a bit greedier.

Three cents a share -12 cents annually.

50 % payout of this last quarter and year before too : Net income for this period grew to $2,105,377 (or $0.0657 per share), from $1,931,281 (or $0.0602 per share).

What I'd really like to see is they expand their offerings on a bigger footprint - go national with a food company that has the logistics.

Johnsonville brats did that with then at the time SaraH Lee.

They created a private joint venture.

It was a huge success. Sarah Lee made them an offer, and the privately owned company (Staire family) decided to buy back the stock and remain private. Sarah Lee made a lot on the stock sale and Johnsonville became a national brand and never looked back.

Their first plant is 2 miles down the river forem my Wisconsin home and is now a huge complex with a similar plant in Montana. The plant manAger said they had to move to Montana, because they have a hard time buying enough pork locally to supply the Wisconsin plant. Montana has some BIG hog farms.


If they did that in the next 4-6 years - it would be 10 BAGGER!



Bob
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