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Microcap & Penny Stocks : AMNF (Armanino Foods of Distinction)
AMNF 10.15-0.4%Oct 31 9:30 AM EST
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To: E_K_S who wrote (159)3/11/2024 11:50:54 AM
From: robert b furman1 Recommendation

Recommended By
E_K_S

   of 266
 
Hi E_K_S,

It sure is fun to see it pop.

If you go to the website, they have a relatively new (first for them I think) "Investor Presentation" slide show.

In that slide show the show where they have added grocery wholesale distribution companies. Note that in Texas they've added Brookshire Brothers. Brookshire is an old money grocery line that serves many rural small grocers, but they have an upscale version in bigger cities. They headquarter in Brenham Tx, which is a German settlement and one of the few place where the Texas countryside has many Holstein cows out in the fields. That area is also home of Texas #1 ice cream brand Bluebell Ice Cream. I always felt like I was home in Wisconsin as I drove through.

The Chevrolet, Cadillac Dealer in Brenham was a very high quality dealer named Paul Laroche. Very well capitalized old money dealer. He also was a HD Chevrolet Truck dealer and he sold Brookshire Brothers all of the trucks used in their logistics. When I worked for Chevrolet I always admired him. Upon leaving Chevrole to be a General Manager of another HD Chevrolet Truck and car Chevrolet dealership, I always had a great relationship with him. He was a role model for what I wanted to be like.

I've added to my position recently and am relieved to see it get back in the 5's.

I now have a 92,000 share position with an average cost of $3.13.

So far they hold their price the best of all my holdings. I really like this growth story!

Bob
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