Post by
mountainpose on Nov 09, 2016 6:45pm
Earnings "flat at 0.31 sh." Revenues down but...
Management suggests sales have been moved to Q4. Hedging activities proving costly. I will cover my short. At the current run rate earnings will be no better than last year. I'll wait to see how the stock holds up before I do any buying. My main problem is that I still find it expensive at 24x earnings, especially as growth is slowing. https://agtfoods.com/investor-relations/financial-reporting.html