Ridley Corporation Ltd T.RIC

Primary Symbol: RIDYF

Consumer Defensive Farm Products

Ridley Corporation Limited is an Australia-based provider of premium animal nutrition solutions. The Company operates through two segments: Packaged Feeds and Ingredients and Bulk Stockfeeds. The Packaged Feeds and Ingredients segment comprises animal nutrition feed and ingredient solutions delivered in packaged form, ranging from one ton down to three kilogram bags. It also includes the Aquafeed Business Unit. The Bulk Stockfeeds segment includes animal nutrition stockfeed solutions delivered in bulk. Its specialist areas include Aqua Feeds, Bulk Ruminant Stockfeeds, Bulk Monogastric Stockfeeds, Animal Proteins & Oils, Commodities, NovaqPro, and Primo Aquaculture. It manufactures and supplies a complete range of prawn/shrimp feeds and fish feeds for species, including Monodon, Vannamei, Banana, and Stylirostris prawns. It is also a provider of dairy feed, cattle feed, and sheep feed. It provides bulk stockfeed for monogastric animals, including layers, broilers, pigs, and ducks.

OTCPK:RIDYF - Post by User

Ridley Corporation Ltd

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Comment by newcomer21on Aug 28, 2009 10:27am

516 Views

Post# 16258097

RE: Horizons

Good Question.

RIC had disappointing results in the last quarter and production fell, with softening gold prices,this had the effect of a double whammy and the p/e ratio and sp 4.50 or more could not be supported.

RIC is a plodder. They will make the odd good move, struggle to execute their plan in other areas, have a good quarter or two and then disappoint. Overall, they can't be considered one of Canada's best miners and their share price has languised as a result. The P/R, N/R, I/R, activity is poor, they have a low profile at the corporate level, and their style is small "c" conservative. A wee bit afraid and a wee bit too cautious imho.

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