Ariston is anticipating a substantial improvement in profits from the majority of its business units, namely Claremont Estates which produces pome and stone fruit, Southdown Estates which farms tea, macadamia nuts and bananas, FAVCO, the  supplier of fresh fruit and vegetables and the group's poultry division, Kent Estates.

Ariston is in the process of strengthening its balance sheet and ramping up its operation and we believe the current season is very promising. The biggest worry for Ariston is the bulging debt at relatively high cost being incurred immediately after a capital call of $8.4 million in 2012.

The first quarter update at the AGM was very encouraging we are therefore waiting for the interim results to see the benefit of the money that was deployed last year. Imara Edwards Securities advised investors to ACCUMULATE the stock on price weaknesses.

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