This is a relatively recession-proof business. Medical professionals will order and use the supplies and equipment needed to treat their patients regardless of economic conditions. This is especially true in the commercial agricultural end of the business where the health of the animals is imperative to the well being of the business. While the typical pet owner might defer some routine treatment for their beloved dog or cat it is unlikely they will skimp on necessary care for illness or injury.
Animal Health International Inc., through its wholly owned subsidiary, Walco International, Inc. and Kane Veterinary Supplies, Ltd., is engaged in distribution of animal health products supplies, services, and technology through operating divisions located throughout the United States, Canada and Taiwan. The Company sells more than 40,000 products sourced from over 1,500 manufacturers to over 65,000 customers, as well as provides consultative services. Products it distributes include pharmaceuticals, vaccines, parasiticides, diagnostics, capital equipment, sanitizers, devices and supplies. Its principal customers are veterinarians, production animal operators and animal health product retailers. It processes daily shipments from its central replenishment and distribution facility located in Memphis, Tennessee and 68 distribution locations located in the United States, Canada and Taiwan. In October 2007, it acquired Kane Veterinary Supplies, Ltd.
AHII has had problems due to buying larger inventory than in the past to be able to take a LION'S SHARE of the market. Live Stock Feed and Gas prices are now reaching a 4 year low. Don't wait until it is over $3.00 a share to get in. Be greedy and get in now. I see an order to buy 13100000 shares of AHII at a low limit price. Get in before that limit price gets to high for your comfort level of buying. Good luck! Don't be a LAMB in a LION'S market!