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Microcap & Penny Stocks : AMNF (Armanino Foods of Distinction)
AMNF 10.15-0.4%Oct 31 9:30 AM EDT

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To: E_K_S who wrote (157)3/11/2024 10:27:51 AM
From: robert b furman  Read Replies (1) of 266
 
Hi E_K_S,

Agreed!

Probably shouldn't even type this but, I'd love to see it catch a gear and fly past $10.00. Not impossible for a low cost st6ock with strong growth and revenue to do that. AMNF has all the requirements IMO.

No doubt adding the new distribution points in Florida and Texas boosts sales and inventory for their new warehouse.

Tim seems to be replaying his experience in taking a butter product to having a nation wide footprint.

He know doubt knows swome folks who are happy to help them grow the footprint.

His reserve on Q1, no doubt depends on the sales rate and refill needs from the intial purchase.

It could just as well be a boost as well.

They are making all the right moves. Expand the foot print of their sales , reduce the cost of goods sold and grow the margin.

All that nice improvement and a debt free operation.

I'm not sure if the family and management have a large enough share to discourage a merrger if it developed?

I'm in it for the long term and hope to see them grow nation wide and make some nice profits. Profits which they have been very friendly in sharing.

Bigger profits and no stock dilution with an ESOP. What's not to like!

Hope to see it steadily hold above $5.00 now.

Bob
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