Thanks, just bought more.
Thank you for sharing that substantive news. I can understand that any changes in prior years requires significant study. The up front effort is usually worth the time to start on a fresh palate. Assurances that timely reporting will ensue is encouraging.
Based on that I have increased my position by many thousands of shares during this sell off. I anticipate a $15 PPS by year end.
and a revenue miss $8.02 vs. $8.3 billion in the quarter? Shares will open up higher or close higher on this news. Traders will calculate this stellar quarter and buy in...Watch and see.
I have been buying and buying and being as i said this morning.
I understand all of the short term rhetoric but this is a long term play and basmati Rice will be a staple for years to come; distribution in the US markets will grow and product lines expanded.
This thing traded issue has larges daily swings but its products are gaining international traction and earnings are on the upswing
are again trying to push the pps down.. These guys are losing big money. they are trying a last ditch effort to save there collective butts. They will fail. This company has been oversold since the reports of financial credibility emerged. The expansion of product lines in North America and healthy food tsunami will cause ANFI to reach new highs in month to come.
of 964 contracts. 96,400 shares. Well now. Those call writers may want to protect that position and will try to keep that share price below the call price by the mid month option expiration date. The momentum is in the Call Buyers favor here. The action will be interesting. Call writers with low costs will do fine to get the call premium and the option price; but call buyers may have the edge based on the growing strength and potential of Amira. Stay tuned.
The synergies expected by analysts did not take place as early as expected with the recent acquisition. Plant shutdowns and then strikes did not help. However, the long term outlook for this issue is very positive due to its niche market and an economy that must have packaging.
however it is still significant. My thinking is that the ups will continue to reflect share repurchases and as posted anticipate a $15 price target in 90 days. Reasoning that institutional investors will see the strength of the product potential in North American markets and further international distribution. Pundits like Cramer will pay more attention as well. His last comment that he would stay away until the accounting matter is settled reflects the fact he has not really focused on recent findings. The buying is strong and will continue as credibility is made apparent.
mr n any reduction in the short interest is intelligent; people may be buying shares back for many purposes. There is still a large amount of short shares vis a vis the float. My take is next leg up to over $15 in next 90 days.
unman, no disrespect Sir, but Bruce is a credible asset to Amira and his hiring gave institutional investors and large holders comfort. The facts are that accounting is not the cause of the low stock price; but rather shorts and bashers perhaps like yourself who trade low float issues for quick profits without research or consideration for market presence. Furthermore, financial statement release is regulated as to timing by security laws. The new highs that the shares will set today is only the beginning IMHO.
I call for a $17.50 pas by year end 2016.