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Strategies & Market Trends : Turnarund Investing -- Ignore unavailable to you. Want to Upgrade?


To: Covenant who wrote (1056)5/8/2012 10:17:41 PM
From: bankbuyer  Read Replies (1) | Respond to of 1876
 
Re FARM .

Coffee prices have been nasty though recent slight moderation.
So did they get caught unhedged or poorly hedged ?

This used to be a respected brand.

The Q is so awful that a pre announcement should have been issued.

Some serious 'splainin' to do



To: Covenant who wrote (1056)5/8/2012 10:36:05 PM
From: grahamcracker  Read Replies (1) | Respond to of 1876
 
re: FARM

I took a 10 second look at yahoo financials and they look like a financially strong company that is bleeding pretty badly in recent years. What's up with the business?

Looks like they may have bought something in 2009 - 2010? Sales and G&A jumped by 30% but the balance sheet doesn't look like they bought anything.

Something big is/was going on.