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Darford International Inc V.WUF



TSXV:WUF - Post by User

Post by BCStockon May 07, 2011 12:17am
408 Views
Post# 18543815

patience... company is still a puppy

patience... company is still a puppyDarford  WUF is like a small puppy hoping to some day grow up into the big world.  The product ideas, quality and bulldogged determined management  are to be admired.  Their main products are pet treats, much of which heads into the USA, often for private labels.  Hence the problems; poor Canadian factory location, problem with strong Canadian dollar, massive transportation costs to being raw materials in and ship baked products out, a poor economy where pet treats are a not a mandatory purchase item, non-tariff trade barriers at the border, and  stock shares that are hardly ever traded.  The CEO holds the vast percentage of the WUF shares, so no takeover attempts are possible without his complicity.  Profitability is minimal at present, so the shares at 10 cents likely are fair value.  I would love to throw some money at this company some day, but for now I will wait and see if this puppy will ever be paper trained.
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