SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (4819)3/21/2018 10:39:14 AM
From: robert b furman  Read Replies (1) | Respond to of 6155
 
Hi Rick,

Here's my favorite food stock: AMNF

Cash of over 4 million and debt of 1.38 million.

They have also just completed an expansion which will make their food making capacity increased and more efficient.

They have just increased the dividend by 12.5 % to 2.25 cents yielding 3.3%:

screencast.com

I have been buying with dividends and have accumulated 18,000 shares at an average of 2.16 - now yielding on cost 4.17%.

It can not be marginned and is a pink slip over the counter stock.

I started accumulating this with a buy and forget about it attitude, wished my funds that went into TIS would have been put here - sigh.

Best of trades!

Bob



To: richardred who wrote (4819)3/21/2018 1:41:24 PM
From: richardred  Respond to of 6155
 
General Mills dismal results weighing in on the food sector today. Increased food & transportation cost a factor in today's decline.



To: richardred who wrote (4819)5/18/2018 10:05:43 AM
From: richardred  Read Replies (1) | Respond to of 6155
 
Added to CPB on the drop this morning. IMO Eventually the interim CEO will be replaced with someone more in tune with today's food business. The appliance business just doesn't cut it IMO. GIS like Campbell's just added a big acquisition. I have little doubt Campbell's overpaid for Synder's/Lance. Did GIS overpay for Blue Buffalo. I think so. I'm thinking possible upside on a more new in tune CEO naming . IMO Someone like former CEO of WholeFoods Walter Robb would install some confidence in this company. An investment by W. Buffett would also help with confidence? He usually doesn't like poor performers, but he does take chances sometimes. Canned Soup stores well, so I'l have time to wait and see if thing are better in the colder fall season. There's alway's the possibility I'll have to throw it out before the expiration date.