Member Info for AHInvestments

Sentiment is extremely bullish, possible gap up in the morning is so

Yes, the lumpy sells are drying up and tide starting to turn for sure

There seems to be some strong support at the 7p area, buyers keep stepping in when tested

Other things that were troubling me were the likelihood or a large share overhang remaining from previous raises which would make any immediate gains difficult then as you say another raise on any meaningful rally that did occur.

From the overwhelming majority of the fert buyers the vast majority just haven’t returned which in turn using basic logic says crop yields must be poor when using it compared to alternatives. So any increase in sales would be temporary and would never correct the burning issue at the heart of HMI’s problem, there is very little demand for the organic fert.

There are the other assets which are under Hmi but under liquidation I’d assume Mcallister would buy the assets back at a discount under another entity.

I hope I am wrong, I never like to see a business fail.

Are you any closer to revealing your interests in this business? You’ve been closely involved with this room for years now

#HMI I’ve pull my punt, newly appointed board member Mr Mark Reilly is also a director at The Debtor Management Hub Pty Ltd and is involved with Insolvincy work. HMI has prolonged loss making. My view is he’s there to wind the company up over time.

Remember the new FD committed to no more raises for PANR also which is an attractive add-on

Is anyone aware if there is much of a share overhang left after the diolution?

I’m the same, starter position in for a trade as sales picked up, was hoping to be out by late August but may be tied in till Q3 sales the way it’s looking. Dangerous Brian is an unethical cu#t, he’s got zero empathy for HMI’s shareholders and has opening said before unless your in for the long term buy shares in something else.

Any opinions? The delay is poor practice to say the least

I have followed this for 2/3 years now, in and out investment wise, the sales report can be anywhere from week 1 to 3 from the quarter ending normally

The RNS looks ok, better than was expected. I may buy bk a starting position in the next month or 2 personally. Still high risk play though.

It costs money to release RNS’s?

We need to see the companies financial position and FY 2024 forecasts

Re - Smally that is

You’ll not be far off admittedly, you never are. If they are running at a loss which they would be I’d like to see what they are doing to keep the lights on.. what facilities are available, there are disposable assets.

There is the other risk which I was reading an article on which considered the possibility that growers simply were not liking the product enough to replace orders. The drop in orders here do feel extreem.

Hi

Yes, communication with the market is very late hence why I’ve put a question here for Harvests marketing consultant. He has been on these boards communicating in the past so I await his reply.

David,

As you are consultant to Harvest, can you offer an update on what’s going on at harvest? Are they planning a communication on 2023 sales and outline financials? Or are they holding back on communications amid discussions with receivers?

Forgive me for being straight to the point..

HMI is performing identically to VERDE which says it wouldn’t have mattered who was at the wheel. It’s the fert sector in Brazil, not Brian.

Https://finance.yahoo.com/news/brazil-fertilizer-demand-recover-2023-212106381.html

Glimmer of hope for harvest, the fine must turn sooner or later

The jump in asset value from 2021 to 2022 will be the newly built extended storage shed I’d imagine for the product, currently the storage sheds have 60,000 tons in ready to be shipped if buyers require.