TFMG
5 years ago
ANFI has bottomed out and is ready to bounce hard.
=====================
ANFI ( Amira Nature Foods Ltd .)
Float: 25.82M
Alert Price: $0.7034
Target Price: $6.00
Chart Analysis
Investor Presentation
Investor Webcast
Website | Recent News
========================
Members,
We are following up today's +15% winner with an NYSE listed company that could see its share price more than double in the immediate future.
We ask that you immediately add ANFI ( Amira Nature Foods Ltd .) to the top of your watchlist.
This ticker has provided our members with several opportunities to profit each and everytime we have brought it to your attention.
June 20th: +8.54% Gain!
June 17th: +17% Gain!
March 14th: +62.28% Gain! (Multi-Day)
And let's not forget about ANFI's epic bull run earlier this year, in which members secured up to +320% in long-term profits as it ran from $0.44 to $1.85!
There are obviously no guarantees on Wall St ., but ANFI has been as close to a sure a thing as we have ever seen.
This is by far the most attractive entry point that we have ever alerted ANFI at,
ANFI is currently trading near the lower end of its 52-week price channel , but in our opinion that just means its upside potential far outweighs any downside risk!
We've done our very own chart analysis and we believe that a bullish reversal is just beginning to shape up.
In fact we see the potential for a move of over +77%!
Especially since the Company has recently made some market friendly announcements that we believe will serve as huge catalysts for a bullish uptrend
Signed a new contract to supply rice to a customer in the Europe, Middle East, and Africa (“EMEA”) region in the amount of $6 million. The Company expects to recognize the benefit of this contract in the 2020 fiscal year ending March 31, 2020.
This along with their previously announced customer orders, amounts to over $57mn in revenue. This equates to securing 29% of our forecasted $200mn of FY2020 revenue just 63 days (17%) into the fiscal year”, stated Karan A. Chanana, Amira’s Chairman.
Announced the hiring of Brian M. Speck as Chief Financial Officer. With his many years of U.S. public company accounting experience Mr. Speck will assist ANFI in Westernizing their finance department as they focus on the international growth of their brands.
Entered into contracts, which consist of approximately $9 million in revenue, to supply rice and institutional products to new customers in the Europe, Middle East, and Africa (“EMEA”) and Asia regions.
ANFI's recent strategic moves have us extremely bullish on this past triple-digit winner.
But we're not the only ones...
Top 10 Wealth Firm Puts $6.00 Price Target on a $0.70 Stock
Jefferies analyst Akshay Jagdale recently maintained his Buy rating on ANFI and set a price target of $6.
That's an upside of +757% from today's alert price!
If you go to Google and search for the "Top 10 Wealth Firms" you'll notice that " Jefferies Wealth Management" is in the top 10 in the country.
If that wasn't enough to have you sold on ANFI , you'll be happy to know that Jefferies isn't the only equity research firm that is bullish on ANFI ...
Diamond Equity Research, a leading equity research and corporate access firm with a focus on small capitalization public companies recently initiated coverage on ANFI , and slapped on a $4.00 price target!
That's well over +471% in upside potential from today's alert price.
Their full research report is available here.
To say that ANFI is undervalued at its current share price would be the understatement of the year.
Here are a few other catalysts that coud have ANFI trading back over $1.00 in no time:
Low float of just 25.82M
Listed on the NYSE (High Liquidity)
Products now available on Amazon in the United Kingdom. The Company is initially offering its Brown Basmati Rice 2kg product and is looking forward to adding more products.
Reiterated its $200 million revenue guidance for the 2020 fiscal year ending March 31, 2020. Going forward, the Company’s focus will be on strengthening its international business and as such the 2020 fiscal year $200 million revenue guidance consists solely of international revenue (ex-India).
Jefferies analyst Akshay Jagdale recently maintained his Buy rating on ANFI and set a price target of $6.
Trading well below its average analyst price target of $6.00 (+630% Upside)
Its previously announced $30 million contract to supply third party branded basmati rice to a repeat customer in the Europe, Middle East, and Africa (“EMEA”) region was increased to $42 million within the provisions of the contract. The Company expects to recognize the benefit of this contract in the 2020 fiscal year ending March 31, 2020.
It's Indian subsidiary, Amira Foods India (“Amira India”), has converted Amira India debt into ordinary shares of Amira India. As a result of the debt conversion, the Company’s ownership in Amira India decreased from 80.4% to 49.8%. This event is a continuation of Amira’s focus on strengthening the Company’s international business.
It is our opinion that ANFI is shaping up to be one of the top growth/value plays listed on the NYSE at the moment.
As such, we ask that all members start their research on ANFI immediately, and consider building a position tomorrow morning at 9:30AM EST
About Amira Nature Foods
Founded in 1915, Amira has evolved into a global provider of packaged Indian specialty rice, with sales in over 40 countries today. Amira sells Basmati rice, premium long-grain rice grown only in certain regions of the Indian sub-continent, under their flagship Amira brand as well as under other third party brands. Amira sells its products primarily in emerging markets through a broad distribution network. Amira’s headquarters are in Dubai, United Arab Emirates, and it also has offices in India, Germany, the United Kingdom, and the United States.
Company Highlights:
Large Staple Consumer Category with Highly Supportive Industry and Sub Category Fundamentals
A Market Lead with Differentiated Business Model
Globally Diversified with Wide Customer Base and Broad Product Portfolio
Vertically Integrated "State-of-the-art" Supply Chain and Operations
Strong Financial Track Record, Underpinned by Stable Margins
Highly Experienced and Successful Management Team
Announced that its previously announced $30 million contract to supply third party branded basmati rice to a repeat customer in the Europe, Middle East, and Africa (“EMEA”) region was increased to $42 million within the provisions of the contract. The Company expects to recognize the benefit of this contract in the 2020 fiscal year ending March 31, 2020.
Since its founding in 1915, Amira has evolved from a domestic, family owned Indian business to a professionally managed, global branded, publicly traded, growing packaged food company.
Not only is the stock potentially undervalued based on its revenues and earnings , ANFI is also trading well below its book value, with a price-to-book ratio of 0.10, while the industry average is 1.81.
With ANFI trading well below the industry average for some key valuation ratios, it could be a value play, and could even attract potential buyers.
Moreover, Amira was able to increase at a compound annual growth rate of 15.5% between 2010 and 2017. With such high revenue growth rates, this company could be significantly undervalued by the market.
According to Finviz, over 50% of the company is owned by insiders. That in mind, that shows that the company’s officers, directors, and key insiders are confident in the company.
The Company has received numerous accolades:
Since 2010, Amira has been recognized in multiple years by the World Economic Forum as a “Global Growth Company”, an
invitation-only community consisting of ~300 of the world’s fastest-growing corporations
The World Consulting & Research Corporation named Amira one of “Asia’s Most Promising Brands”
Planman Marcom voted Amira the “INDIAN POWERBRAND” in the Food Category in 2011 and 2013
Amir was voted best partner in the “Staples” category in 2013 at the Bharti Walmart Private Limited Annual Supplier Conference
VWP World Brand recognized the Amira Brand as “The Admired Brand of India” in 2014–2015
Inc. India featured Amira as one of India’s fastest growing mid-sized companies in 2010, 2011, 2012 and 2013
Product Portfolio
Approximately three quarters of sales come from Basmati rice, the core focus of the company;
Sells more than 20 owned brands globally, spanning numerous price points;
Amira in India
Amira has established 15 Company managed distribution centers in India to provide it greater control over its expansion efforts in its home country location.
Amira is one of a handful of large relevant players in the domestic India market.
Amira represents a meaningful opportunity to consolidate the market over time.
Business Is Growing, Strategic Moves Will Expedite Growth
Amira Foods is no startup. The international business is healthy and generated roughly $270 million in sales in 2018. Those numbers are coupled with respectable margins that rested at 14.3% of gross sales. However, the company expects to do better with the expectation to add an additional 100bp to the international margins. Notably, there will some be shrinkage to the margins, which may be adjusted lower to account for the separation of the Indian business, due to less vertical integration and less sourcing from the primary processor. However, even with the expected reductions in the margin and certain efficiencies, analysts are pointing to ANFI being able to maintain separate sales of roughly $200 million, albeit with a lower margin of approximately 650bp. However, even with the expected short-term declines, the assumption of the lesser $200 million in sales coupled with an EBITDA margin of an expected 8.8%, can imply that ANFI will generate a positive EBITDA run of roughly $17 million. And, that is a healthy number to build upon.
Source: https://seekingalpha.com/instablog/49294...
Recent Developments
Appointment of Thomas Dennhardt (formerly Lidl) to CEO of Amira Basmati Rice GmbH (German subsidiary)
Board appointment of Hervé Larren (formerly LVMH), bringing experience in building brands internationally
EUR25mn Debt raise at 8.5% interest rate (due December 2023)
Reduced ownership of India subsidiary to 49.8%
Regains Compliance with NYSE Listing Requirements
Amira Nature Foods Ltd Announces New Contract of $6 Million
Earlier this month ANFI announced a new contract to supply rice to a customer in the Europe, Middle East, and Africa (“EMEA”) region in the amount of $6 million. The Company expects to recognize the benefit of this contract in the 2020 fiscal year ending March 31, 2020.
“We are extremely pleased to announce this development, which along with our previously announced customer orders, amounts to over $57mn in revenue. This equates to securing 29% of our forecasted $200mn of FY2020 revenue just 63 days (17%) into the fiscal year”, stated Karan A. Chanana, Amira’s Chairman.
Further information on the Company, including an updated investor presentation and other information, can be found on the Company’s website at http://www.amira.net.
Market Outlook:
Amira operates in the global packaged rice market and is a leading provider of Basmati rice, a long-grain aromatic rice with favorable health attributes that can be grown only in specific regions of the Indian sub-continent and part of the Punjab region located in Pakistan. The global rice market is an enormous market with stable growth, while specialty rice and specifically Basmati rice benefits from premium pricing and increasing consumption patterns. Demand for Basmati rice has remained strong over the past 10 years due to the increased consumption trends both in India and internationally. Leading players such as McCormick & Co., Hain Celestial, Rice 'n Spice, LT Foods , East End Foods , and Amira Nature Foods serve local as well as global consumers, which is reflected in the growth of Basmati rice market. The size of worldwide Basmati rice market was approximately $10.51 Billion in 2017 and is estimated to be worth $17.74 Billion by the end of 2022, with a robust CAGR of 11% between 2017 and 2022, according to Transparency Market Research (TMR).
Rice is a $275bn Global Staple Category with Favorable Market Conditions
Rice is the primary staple for >50% of the world’s population and provides > 20% of the global caloric intake
Represents 30% of caloric consumption in Asia(4)
Defensive and non-cyclical with steady growth
Improves with age and has an extremely long shelf life (up to 5+ years) if stored properly
Global rice consumption is growing, estimated to reach c.483 million metric tonnes in 2017(5)
The global rice market is estimated at $275B and has grown at 2% volume CAGR over the 2010 – 2015 period
Technical Analysis
As we stated above, we've done our very own chart analysis and see the potential for a move of over +77% from here!
We see a positive reversal from long-term support right here, and a positive cross looks imminent.
The float of ANFI is extremely low for a NYSE listed company at just 25.82M.
We know this ticker can make big moves on volume , so we wouldn't be too surprised if this ticker starts to breakout early.
With its bullish $6.00 price target, we believe its upside potential far outweighs any downside risk.
The Bottom Line
ANFI has proven its ability run-up big in both the short and long-term.
ANFI has the potential to be the biggest gainer on the NYSE, and deserves to be on the top of your watchlist.
That being said, we ask that all members start their research on ANFI immediately, and consider building a position tomorrow morning at 9:30AM EST
(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)
DISCLAIMER
This newsletter is a paid advertisement, not a recommendation nor an offer to buy or sell securities. This newsletter is owned, operated and edited by both MJ Capital, LLC and PennyStockLocks, LLC. Any wording found in this e-mail or disclaimer referencing to “I” or “we” or “our” refers to MJ Capital, LLC and PennyStockLocks, LLC. Our business model is to be financially compensated to market and promote small public companies. By reading our newsletter and our website you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and is for entertainment purposes only. At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. Companies with low price per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters or on our website.
We do not advise any reader take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on end-of-day or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. If we own any shares we will list the information relevant to the stock and number of shares here. MJ Capital does NOT own any shares of the companies mentioned here within, nor intends to buy any in the future.
MJ Capital’s business model is to receive financial compensation to promote public companies. We have been compensated fifteen thousand dollars by World Wide Holdings dba Invictus Resources for a 1-day investor relations advertising marketing campaign w/ 1000 TradingView™ views for ANFI . We have previously been compensated ten thousand dollars by World Wide Holdings dba Invictus Resources In LLC to conduct investor relations advertising and marketing for ANFI on five separate occasions which have expired. Any compensation is a major conflict of interest in our ability to be unbiased. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the hiring third party or parties. The third party, profiled company, or their affiliates likely wish to liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Any non-compensated alerts are purely for the purpose of expanding our database for the benefit of our future financially compensated investor relations efforts. Frequently companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the investor relations marketing ceases. The investor relations marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur. Our emails may contain forward looking statements, which are not guaranteed to materialize due to a variety of factors.
We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our email newsletters and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct. Furthermore, MJ Capital often employs independent contractor writers who may make errors when researching information and preparing these communications regarding profiled companies. Independent writers’ works are double-checked and verified before publication, but it is certainly possible for errors or omissions to take place during editing of independent contractor writer’s communications regarding the profiled company(s). You should assume all information in all of our communications is incorrect until you personally verify the information, and again are encouraged to never invest based on the information contained in our written communications. The information in our disclaimers is subject to change at any time without notice.
TFMG
5 years ago
ANFI has bottomed out and is ready to bounce hard.
=====================
ANFI ( Amira Nature Foods Ltd .)
Float: 25.82M
Alert Price: $0.7034
Target Price: $6.00
Chart Analysis
Investor Presentation
Investor Webcast
Website | Recent News
========================
Members,
We are following up today's +15% winner with an NYSE listed company that could see its share price more than double in the immediate future.
We ask that you immediately add ANFI ( Amira Nature Foods Ltd .) to the top of your watchlist.
This ticker has provided our members with several opportunities to profit each and everytime we have brought it to your attention.
June 20th: +8.54% Gain!
June 17th: +17% Gain!
March 14th: +62.28% Gain! (Multi-Day)
And let's not forget about ANFI's epic bull run earlier this year, in which members secured up to +320% in long-term profits as it ran from $0.44 to $1.85!
There are obviously no guarantees on Wall St ., but ANFI has been as close to a sure a thing as we have ever seen.
This is by far the most attractive entry point that we have ever alerted ANFI at,
ANFI is currently trading near the lower end of its 52-week price channel , but in our opinion that just means its upside potential far outweighs any downside risk!
We've done our very own chart analysis and we believe that a bullish reversal is just beginning to shape up.
In fact we see the potential for a move of over +77%!
Especially since the Company has recently made some market friendly announcements that we believe will serve as huge catalysts for a bullish uptrend
Signed a new contract to supply rice to a customer in the Europe, Middle East, and Africa (“EMEA”) region in the amount of $6 million. The Company expects to recognize the benefit of this contract in the 2020 fiscal year ending March 31, 2020.
This along with their previously announced customer orders, amounts to over $57mn in revenue. This equates to securing 29% of our forecasted $200mn of FY2020 revenue just 63 days (17%) into the fiscal year”, stated Karan A. Chanana, Amira’s Chairman.
Announced the hiring of Brian M. Speck as Chief Financial Officer. With his many years of U.S. public company accounting experience Mr. Speck will assist ANFI in Westernizing their finance department as they focus on the international growth of their brands.
Entered into contracts, which consist of approximately $9 million in revenue, to supply rice and institutional products to new customers in the Europe, Middle East, and Africa (“EMEA”) and Asia regions.
ANFI's recent strategic moves have us extremely bullish on this past triple-digit winner.
But we're not the only ones...
Top 10 Wealth Firm Puts $6.00 Price Target on a $0.70 Stock
Jefferies analyst Akshay Jagdale recently maintained his Buy rating on ANFI and set a price target of $6.
That's an upside of +757% from today's alert price!
If you go to Google and search for the "Top 10 Wealth Firms" you'll notice that " Jefferies Wealth Management" is in the top 10 in the country.
If that wasn't enough to have you sold on ANFI , you'll be happy to know that Jefferies isn't the only equity research firm that is bullish on ANFI ...
Diamond Equity Research, a leading equity research and corporate access firm with a focus on small capitalization public companies recently initiated coverage on ANFI , and slapped on a $4.00 price target!
That's well over +471% in upside potential from today's alert price.
Their full research report is available here.
To say that ANFI is undervalued at its current share price would be the understatement of the year.
Here are a few other catalysts that coud have ANFI trading back over $1.00 in no time:
Low float of just 25.82M
Listed on the NYSE (High Liquidity)
Products now available on Amazon in the United Kingdom. The Company is initially offering its Brown Basmati Rice 2kg product and is looking forward to adding more products.
Reiterated its $200 million revenue guidance for the 2020 fiscal year ending March 31, 2020. Going forward, the Company’s focus will be on strengthening its international business and as such the 2020 fiscal year $200 million revenue guidance consists solely of international revenue (ex-India).
Jefferies analyst Akshay Jagdale recently maintained his Buy rating on ANFI and set a price target of $6.
Trading well below its average analyst price target of $6.00 (+630% Upside)
Its previously announced $30 million contract to supply third party branded basmati rice to a repeat customer in the Europe, Middle East, and Africa (“EMEA”) region was increased to $42 million within the provisions of the contract. The Company expects to recognize the benefit of this contract in the 2020 fiscal year ending March 31, 2020.
It's Indian subsidiary, Amira Foods India (“Amira India”), has converted Amira India debt into ordinary shares of Amira India. As a result of the debt conversion, the Company’s ownership in Amira India decreased from 80.4% to 49.8%. This event is a continuation of Amira’s focus on strengthening the Company’s international business.
It is our opinion that ANFI is shaping up to be one of the top growth/value plays listed on the NYSE at the moment.
As such, we ask that all members start their research on ANFI immediately, and consider building a position tomorrow morning at 9:30AM EST
About Amira Nature Foods
Founded in 1915, Amira has evolved into a global provider of packaged Indian specialty rice, with sales in over 40 countries today. Amira sells Basmati rice, premium long-grain rice grown only in certain regions of the Indian sub-continent, under their flagship Amira brand as well as under other third party brands. Amira sells its products primarily in emerging markets through a broad distribution network. Amira’s headquarters are in Dubai, United Arab Emirates, and it also has offices in India, Germany, the United Kingdom, and the United States.
Company Highlights:
Large Staple Consumer Category with Highly Supportive Industry and Sub Category Fundamentals
A Market Lead with Differentiated Business Model
Globally Diversified with Wide Customer Base and Broad Product Portfolio
Vertically Integrated "State-of-the-art" Supply Chain and Operations
Strong Financial Track Record, Underpinned by Stable Margins
Highly Experienced and Successful Management Team
Announced that its previously announced $30 million contract to supply third party branded basmati rice to a repeat customer in the Europe, Middle East, and Africa (“EMEA”) region was increased to $42 million within the provisions of the contract. The Company expects to recognize the benefit of this contract in the 2020 fiscal year ending March 31, 2020.
Since its founding in 1915, Amira has evolved from a domestic, family owned Indian business to a professionally managed, global branded, publicly traded, growing packaged food company.
Not only is the stock potentially undervalued based on its revenues and earnings , ANFI is also trading well below its book value, with a price-to-book ratio of 0.10, while the industry average is 1.81.
With ANFI trading well below the industry average for some key valuation ratios, it could be a value play, and could even attract potential buyers.
Moreover, Amira was able to increase at a compound annual growth rate of 15.5% between 2010 and 2017. With such high revenue growth rates, this company could be significantly undervalued by the market.
According to Finviz, over 50% of the company is owned by insiders. That in mind, that shows that the company’s officers, directors, and key insiders are confident in the company.
The Company has received numerous accolades:
Since 2010, Amira has been recognized in multiple years by the World Economic Forum as a “Global Growth Company”, an
invitation-only community consisting of ~300 of the world’s fastest-growing corporations
The World Consulting & Research Corporation named Amira one of “Asia’s Most Promising Brands”
Planman Marcom voted Amira the “INDIAN POWERBRAND” in the Food Category in 2011 and 2013
Amir was voted best partner in the “Staples” category in 2013 at the Bharti Walmart Private Limited Annual Supplier Conference
VWP World Brand recognized the Amira Brand as “The Admired Brand of India” in 2014–2015
Inc. India featured Amira as one of India’s fastest growing mid-sized companies in 2010, 2011, 2012 and 2013
Product Portfolio
Approximately three quarters of sales come from Basmati rice, the core focus of the company;
Sells more than 20 owned brands globally, spanning numerous price points;
Amira in India
Amira has established 15 Company managed distribution centers in India to provide it greater control over its expansion efforts in its home country location.
Amira is one of a handful of large relevant players in the domestic India market.
Amira represents a meaningful opportunity to consolidate the market over time.
Business Is Growing, Strategic Moves Will Expedite Growth
Amira Foods is no startup. The international business is healthy and generated roughly $270 million in sales in 2018. Those numbers are coupled with respectable margins that rested at 14.3% of gross sales. However, the company expects to do better with the expectation to add an additional 100bp to the international margins. Notably, there will some be shrinkage to the margins, which may be adjusted lower to account for the separation of the Indian business, due to less vertical integration and less sourcing from the primary processor. However, even with the expected reductions in the margin and certain efficiencies, analysts are pointing to ANFI being able to maintain separate sales of roughly $200 million, albeit with a lower margin of approximately 650bp. However, even with the expected short-term declines, the assumption of the lesser $200 million in sales coupled with an EBITDA margin of an expected 8.8%, can imply that ANFI will generate a positive EBITDA run of roughly $17 million. And, that is a healthy number to build upon.
Source: https://seekingalpha.com/instablog/49294...
Recent Developments
Appointment of Thomas Dennhardt (formerly Lidl) to CEO of Amira Basmati Rice GmbH (German subsidiary)
Board appointment of Hervé Larren (formerly LVMH), bringing experience in building brands internationally
EUR25mn Debt raise at 8.5% interest rate (due December 2023)
Reduced ownership of India subsidiary to 49.8%
Regains Compliance with NYSE Listing Requirements
Amira Nature Foods Ltd Announces New Contract of $6 Million
Earlier this month ANFI announced a new contract to supply rice to a customer in the Europe, Middle East, and Africa (“EMEA”) region in the amount of $6 million. The Company expects to recognize the benefit of this contract in the 2020 fiscal year ending March 31, 2020.
“We are extremely pleased to announce this development, which along with our previously announced customer orders, amounts to over $57mn in revenue. This equates to securing 29% of our forecasted $200mn of FY2020 revenue just 63 days (17%) into the fiscal year”, stated Karan A. Chanana, Amira’s Chairman.
Further information on the Company, including an updated investor presentation and other information, can be found on the Company’s website at http://www.amira.net.
Market Outlook:
Amira operates in the global packaged rice market and is a leading provider of Basmati rice, a long-grain aromatic rice with favorable health attributes that can be grown only in specific regions of the Indian sub-continent and part of the Punjab region located in Pakistan. The global rice market is an enormous market with stable growth, while specialty rice and specifically Basmati rice benefits from premium pricing and increasing consumption patterns. Demand for Basmati rice has remained strong over the past 10 years due to the increased consumption trends both in India and internationally. Leading players such as McCormick & Co., Hain Celestial, Rice 'n Spice, LT Foods , East End Foods , and Amira Nature Foods serve local as well as global consumers, which is reflected in the growth of Basmati rice market. The size of worldwide Basmati rice market was approximately $10.51 Billion in 2017 and is estimated to be worth $17.74 Billion by the end of 2022, with a robust CAGR of 11% between 2017 and 2022, according to Transparency Market Research (TMR).
Rice is a $275bn Global Staple Category with Favorable Market Conditions
Rice is the primary staple for >50% of the world’s population and provides > 20% of the global caloric intake
Represents 30% of caloric consumption in Asia(4)
Defensive and non-cyclical with steady growth
Improves with age and has an extremely long shelf life (up to 5+ years) if stored properly
Global rice consumption is growing, estimated to reach c.483 million metric tonnes in 2017(5)
The global rice market is estimated at $275B and has grown at 2% volume CAGR over the 2010 – 2015 period
Technical Analysis
As we stated above, we've done our very own chart analysis and see the potential for a move of over +77% from here!
We see a positive reversal from long-term support right here, and a positive cross looks imminent.
The float of ANFI is extremely low for a NYSE listed company at just 25.82M.
We know this ticker can make big moves on volume , so we wouldn't be too surprised if this ticker starts to breakout early.
With its bullish $6.00 price target, we believe its upside potential far outweighs any downside risk.
The Bottom Line
ANFI has proven its ability run-up big in both the short and long-term.
ANFI has the potential to be the biggest gainer on the NYSE, and deserves to be on the top of your watchlist.
That being said, we ask that all members start their research on ANFI immediately, and consider building a position tomorrow morning at 9:30AM EST
(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)
DISCLAIMER
This newsletter is a paid advertisement, not a recommendation nor an offer to buy or sell securities. This newsletter is owned, operated and edited by both MJ Capital, LLC and PennyStockLocks, LLC. Any wording found in this e-mail or disclaimer referencing to “I” or “we” or “our” refers to MJ Capital, LLC and PennyStockLocks, LLC. Our business model is to be financially compensated to market and promote small public companies. By reading our newsletter and our website you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and is for entertainment purposes only. At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. Companies with low price per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters or on our website.
We do not advise any reader take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on end-of-day or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. If we own any shares we will list the information relevant to the stock and number of shares here. MJ Capital does NOT own any shares of the companies mentioned here within, nor intends to buy any in the future.
MJ Capital’s business model is to receive financial compensation to promote public companies. We have been compensated fifteen thousand dollars by World Wide Holdings dba Invictus Resources for a 1-day investor relations advertising marketing campaign w/ 1000 TradingView™ views for ANFI . We have previously been compensated ten thousand dollars by World Wide Holdings dba Invictus Resources In LLC to conduct investor relations advertising and marketing for ANFI on five separate occasions which have expired. Any compensation is a major conflict of interest in our ability to be unbiased. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the hiring third party or parties. The third party, profiled company, or their affiliates likely wish to liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Any non-compensated alerts are purely for the purpose of expanding our database for the benefit of our future financially compensated investor relations efforts. Frequently companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the investor relations marketing ceases. The investor relations marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur. Our emails may contain forward looking statements, which are not guaranteed to materialize due to a variety of factors.
We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our email newsletters and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct. Furthermore, MJ Capital often employs independent contractor writers who may make errors when researching information and preparing these communications regarding profiled companies. Independent writers’ works are double-checked and verified before publication, but it is certainly possible for errors or omissions to take place during editing of independent contractor writer’s communications regarding the profiled company(s). You should assume all information in all of our communications is incorrect until you personally verify the information, and again are encouraged to never invest based on the information contained in our written communications. The information in our disclaimers is subject to change at any time without notice.
TFMG
5 years ago
Add $ANFI to the top of your watchlist. SIgns $6M Contract +
=====================
ANFI ( Amira Nature Foods Ltd .)
Float: 25.82M
Alert Price: $1.05
Target Price: $6.00
Chart Analysis
Investor Presentation
Investor Webcast
Website | Recent News
========================
Members,
Our biggest NYSE-listed winner of 2019 looks ready to breakout big once again!
It's time to add ANFI ( Amira Nature Foods Ltd .) back to the top of your watchlist.
After pulling back substantially from its 52-week high, ANFI appears to have found its bottom.
The Company has recently made some market friendly announcements that we believe will serve as huge catalysts for an epic chart reversal.
Announced the hiring of Brian M. Speck as Chief Financial Officer. With his many years of U.S. public company accounting experience Mr. Speck will assist ANFI in Westernizing their finance department as they focus on the international growth of their brands.
Entered into contracts, which consist of approximately $9 million in revenue, to supply rice and institutional products to new customers in the Europe, Middle East, and Africa (“EMEA”) and Asia regions. The Company expects to recognize the benefit of this contract in the 2020 fiscal year ending March 31, 2020. “We are extremely pleased to announce this order, which along with our previously announced customer order of $42M, amounts to over $51M. This equates to securing 26% of our forecasted $200M of FY2020 revenue just 52 days (14%) into the fiscal year”, stated Karan A. Chanana, Amira’s Chairman.
ANFI's recent strategic moves have us extremely bullish on this past triple-digit winner.
In fact, we've done our very own chart analysis and see the potential for a move of over +153% in the very near future!
If you've been following our recent alerts, you should know that our price targets have been pretty much right on the money.
But that price target is quite modest compared to what Wall Street analysts are betting on.
Top 10 Wealth Firm Puts $6.00 Price Target on a $1.00 Stock
Jefferies analyst Akshay Jagdale recently maintained his Buy rating on ANFI and set a price target of $6.
That's an upside of +471% from today's alert price!
If you go to Google and search for the "Top 10 Wealth Firms" you'll notice that " Jefferies Wealth Management" is in the top 10 in the country.
If that wasn't enough to have you sold on ANFI , you'll be happy to know that Jefferies isn't the only equity research firm that is bullish on ANFI ...
Diamond Equity Research, a leading equity research and corporate access firm with a focus on small capitalization public companies recently initiated coverage on ANFI , and slapped on a $4.00 price target!
That's well over +280% in upside potential from today's alert price.
Their full research report is available here.
To say that ANFI is undervalued at its current share price would be the understatement of the year.
Here are a few other reasons why we have an extremely bullish outlook ANFI:
Low float of just 25.82M
Listed on the NYSE (High Liquidity)
Products now available on Amazon in the United Kingdom. The Company is initially offering its Brown Basmati Rice 2kg product and is looking forward to adding more products.
Reiterated its $200 million revenue guidance for the 2020 fiscal year ending March 31, 2020. Going forward, the Company’s focus will be on strengthening its international business and as such the 2020 fiscal year $200 million revenue guidance consists solely of international revenue (ex-India).
Jefferies analyst Akshay Jagdale recently maintained his Buy rating on ANFI and set a price target of $6.
Trading well below its average analyst price target of $6.00 (+471% Upside)
Its previously announced $30 million contract to supply third party branded basmati rice to a repeat customer in the Europe, Middle East, and Africa (“EMEA”) region was increased to $42 million within the provisions of the contract. The Company expects to recognize the benefit of this contract in the 2020 fiscal year ending March 31, 2020.
It's Indian subsidiary, Amira Foods India (“Amira India”), has converted Amira India debt into ordinary shares of Amira India. As a result of the debt conversion, the Company’s ownership in Amira India decreased from 80.4% to 49.8%. This event is a continuation of Amira’s focus on strengthening the Company’s international business.
It is our opinion that ANFI is shaping up to be one of the top growth/value plays listed on the NYSE at the moment.
As such, we ask that all members start their research on ANFI immediately, and consider building a position this morning at 9:30AM EST
About Amira Nature Foods
Founded in 1915, Amira has evolved into a global provider of packaged Indian specialty rice, with sales in over 40 countries today. Amira sells Basmati rice, premium long-grain rice grown only in certain regions of the Indian sub-continent, under their flagship Amira brand as well as under other third party brands. Amira sells its products primarily in emerging markets through a broad distribution network. Amira’s headquarters are in Dubai, United Arab Emirates, and it also has offices in India, Germany, the United Kingdom, and the United States.
Company Highlights:
Large Staple Consumer Category with Highly Supportive Industry and Sub Category Fundamentals
A Market Lead with Differentiated Business Model
Globally Diversified with Wide Customer Base and Broad Product Portfolio
Vertically Integrated "State-of-the-art" Supply Chain and Operations
Strong Financial Track Record, Underpinned by Stable Margins
Highly Experienced and Successful Management Team
Announced that its previously announced $30 million contract to supply third party branded basmati rice to a repeat customer in the Europe, Middle East, and Africa (“EMEA”) region was increased to $42 million within the provisions of the contract. The Company expects to recognize the benefit of this contract in the 2020 fiscal year ending March 31, 2020.
Since its founding in 1915, Amira has evolved from a domestic, family owned Indian business to a professionally managed, global branded, publicly traded, growing packaged food company.
Not only is the stock potentially undervalued based on its revenues and earnings , ANFI is also trading well below its book value, with a price-to-book ratio of 0.10, while the industry average is 1.81.
With ANFI trading well below the industry average for some key valuation ratios, it could be a value play, and could even attract potential buyers.
Moreover, Amira was able to increase at a compound annual growth rate of 15.5% between 2010 and 2017. With such high revenue growth rates, this company could be significantly undervalued by the market.
According to Finviz, over 50% of the company is owned by insiders. That in mind, that shows that the company’s officers, directors, and key insiders are confident in the company.
The Company has received numerous accolades:
Since 2010, Amira has been recognized in multiple years by the World Economic Forum as a “Global Growth Company”, an
invitation-only community consisting of ~300 of the world’s fastest-growing corporations
The World Consulting & Research Corporation named Amira one of “Asia’s Most Promising Brands”
Planman Marcom voted Amira the “INDIAN POWERBRAND” in the Food Category in 2011 and 2013
Amir was voted best partner in the “Staples” category in 2013 at the Bharti Walmart Private Limited Annual Supplier Conference
VWP World Brand recognized the Amira Brand as “The Admired Brand of India” in 2014–2015
Inc. India featured Amira as one of India’s fastest growing mid-sized companies in 2010, 2011, 2012 and 2013
Product Portfolio
Approximately three quarters of sales come from Basmati rice, the core focus of the company;
Sells more than 20 owned brands globally, spanning numerous price points;
Amira in India
Amira has established 15 Company managed distribution centers in India to provide it greater control over its expansion efforts in its home country location.
Amira is one of a handful of large relevant players in the domestic India market.
Amira represents a meaningful opportunity to consolidate the market over time.
Business Is Growing, Strategic Moves Will Expedite Growth
Amira Foods is no startup. The international business is healthy and generated roughly $270 million in sales in 2018. Those numbers are coupled with respectable margins that rested at 14.3% of gross sales. However, the company expects to do better with the expectation to add an additional 100bp to the international margins. Notably, there will some be shrinkage to the margins, which may be adjusted lower to account for the separation of the Indian business, due to less vertical integration and less sourcing from the primary processor. However, even with the expected reductions in the margin and certain efficiencies, analysts are pointing to ANFI being able to maintain separate sales of roughly $200 million, albeit with a lower margin of approximately 650bp. However, even with the expected short-term declines, the assumption of the lesser $200 million in sales coupled with an EBITDA margin of an expected 8.8%, can imply that ANFI will generate a positive EBITDA run of roughly $17 million. And, that is a healthy number to build upon.
Source: https://seekingalpha.com/instablog/49294...
Recent Developments
Appointment of Thomas Dennhardt (formerly Lidl) to CEO of Amira Basmati Rice GmbH (German subsidiary)
Board appointment of Hervé Larren (formerly LVMH), bringing experience in building brands internationally
EUR25mn Debt raise at 8.5% interest rate (due December 2023)
Reduced ownership of India subsidiary to 49.8%
Regains Compliance with NYSE Listing Requirements
Latest News
Amira Nature Foods Ltd Hires Brian M. Speck as Chief Financial Officer
Amira Nature Foods Ltd (the "Company") ( ANFI ), a global provider of packaged specialty rice, today announced the hiring of Brian M. Speck as Chief Financial Officer. The Company continues to focus on the international growth of its brands and as such, continues to take steps to Westernize its corporate finance and executive team.
Karan A. Chanana, Amira’s Chairman, commented, “Brian Speck is an excellent addition to our team, bringing his extensive financial and consumer industry background to the Company. We believe his many years of U.S. public company accounting experience will assist Amira in Westernizing our finance department as we focus on the international growth of our brands.”
“I am excited to join the Company at a pivotal time in its history and helping it realize its international growth strategy,” Mr. Speck said. “After spending nearly two decades in various accounting roles, I look forward to bringing my experience to assist Amira’s efforts to grow its brands outside of India.”
Since March 2018, Mr. Speck has been the Chief Financial Officer of Surge Holdings, Inc., a provider of a suite of financial and telecommunications services which are primarily marketed through small retail establishments which are utilized by members of its target market. Since October 2013, Mr. Speck has also been Director of Financial Reporting for Brio Financial Group, which the Company recently announced would be assisting the Company in its ongoing financial reporting. In his capacity at Brio, Mr. Speck consults various private and public companies in financial reporting, internal control development and evaluation, budgeting and forecasting. Prior to joining Brio, from 2011 to 2013, he was an audit supervisor at Wiss & Company. In that capacity, he was involved in the firm’s accounting and tax practice with industry focuses in manufacturing, wholesalers, construction contractors and professional service firms. Mr. Speck received a Master of Science in Accounting from Kean University.
Market Outlook:
Amira operates in the global packaged rice market and is a leading provider of Basmati rice, a long-grain aromatic rice with favorable health attributes that can be grown only in specific regions of the Indian sub-continent and part of the Punjab region located in Pakistan. The global rice market is an enormous market with stable growth, while specialty rice and specifically Basmati rice benefits from premium pricing and increasing consumption patterns. Demand for Basmati rice has remained strong over the past 10 years due to the increased consumption trends both in India and internationally. Leading players such as McCormick & Co., Hain Celestial, Rice 'n Spice, LT Foods , East End Foods , and Amira Nature Foods serve local as well as global consumers, which is reflected in the growth of Basmati rice market. The size of worldwide Basmati rice market was approximately $10.51 Billion in 2017 and is estimated to be worth $17.74 Billion by the end of 2022, with a robust CAGR of 11% between 2017 and 2022, according to Transparency Market Research (TMR).
Rice is a $275bn Global Staple Category with Favorable Market Conditions
Rice is the primary staple for >50% of the world’s population and provides > 20% of the global caloric intake
Represents 30% of caloric consumption in Asia(4)
Defensive and non-cyclical with steady growth
Improves with age and has an extremely long shelf life (up to 5+ years) if stored properly
Global rice consumption is growing, estimated to reach c.483 million metric tonnes in 2017(5)
The global rice market is estimated at $275B and has grown at 2% volume CAGR over the 2010 – 2015 period
Technical Analysis
As we stated above, we've done our very own chart analysis and see the potential for a move of over +153% from here!
We see a positive reversal from long-term support right here, and a positive cross looks imminent.
The float of ANFI is extremely low for a NYSE listed company at just 25.82M.
We know this ticker can make big moves on volume , so we wouldn't be too surprised if this ticker starts to breakout early.
With its bullish $6.00 price target, we believe its upside potential far outweighs any downside risk.
The Bottom Line
ANFI has proven its ability run-up big in both the short and long-term.
ANFI has the potential to be the biggest gainer on the NYSE, and deserves to be on the top of your watchlist.
That being said, we ask that all members start their research on ANFI immediately, and consider building a position tomorrow morning at 9:30AM EST
(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)
Best Regards,
The PennyStock101 Team
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DISCLAIMER
This newsletter is a paid advertisement, not a recommendation nor an offer to buy or sell securities. This newsletter is owned, operated and edited by both MJ Capital, LLC and PennyStockLocks, LLC. Any wording found in this e-mail or disclaimer referencing to “I” or “we” or “our” refers to MJ Capital, LLC and PennyStockLocks, LLC. Our business model is to be financially compensated to market and promote small public companies. By reading our newsletter and our website you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and is for entertainment purposes only. At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. Companies with low price per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters or on our website.
We do not advise any reader take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on end-of-day or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. If we own any shares we will list the information relevant to the stock and number of shares here. MJ Capital does NOT own any shares of the companies mentioned here within, nor intends to buy any in the future.
MJ Capital’s business model is to receive financial compensation to promote public companies. We have been compensated fifteen thousand dollars by World Wide Holdings dba Invictus Resources In LLC to conduct investor relations advertising and marketing for ANFI . We have previously been compensated ten thousand dollars by World Wide Holdings dba Invictus Resources In LLC to conduct investor relations advertising and marketing for ANFI on three separate occasions which have expired. Any compensation is a major conflict of interest in our ability to be unbiased. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the hiring third party or parties. The third party, profiled company, or their affiliates likely wish to liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Any non-compensated alerts are purely for the purpose of expanding our database for the benefit of our future financially compensated investor relations efforts. Frequently companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the investor relations marketing ceases. The investor relations marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur. Our emails may contain forward looking statements, which are not guaranteed to materialize due to a variety of factors.
We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our email newsletters and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct. Furthermore, MJ Capital often employs independent contractor writers who may make errors when researching information and preparing these communications regarding profiled companies. Independent writers’ works are double-checked and verified before publication, but it is certainly possible for errors or omissions to take place during editing of independent contractor writer’s communications regarding the profiled company(s). You should assume all information in all of our communications is incorrect until you personally verify the information, and again are encouraged to never invest based on the information contained in our written communications. The information in our disclaimers is subject to change at any time without notice.
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