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Armanino Foods of Dist. (ARMF) Message Board

  • vickersviscount vickersviscount Aug 21, 2002 2:18 PM Flag

    I have recommended ARMF to my

    clients today. It is my pick of the week. The volume should reflect this in the next few days.

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    • Well I'm hoping you have many clients as that was a nice jump on good volume yesterday. But I have to ask you - are you a professional ???? and if so did you recc. this stock based on a yahoo stock screen looking for div. yield ????? I am a private investor and that was how i initailly came across the company. But I also know that a large part of their product line is seasonal.Pasta sauces and "italian" foods sell predominantly in fall and winter. I am hoping the large amount of cash they spent on "product awareness" will translate into sales which will overshadow the cost.This is not a "core investment" for me, but after some research it did look like a solid investment with a chance for some nice returns. Good luck to all

      • 1 Reply to poets10
      • I am not a "professional" in the sense of the word - I don't work for a brokerage or investment company. I do control and advise a number of family trusts, and advise a number of individual investors. I've been in the market since the 1970's and because of my conservative investment choices (similar to Warren Buffet)we have done quite well over the past few years.

        This company came up on my radar screen a few times - first by screening for dividend, but also because of the consolidation in the food industry. I can name a number of companies "on the lookout" for a profitable company. Basic American Foods of Walnut Creek, or Lancaster Colony of Columbus, Ohio come to mind. I think ARMF is too small to be of interest to General Mills, or some mega company.