PGW looking good , plus good yield, and div. last week. Very tempted to buy some more.
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PGW looking good , plus good yield, and div. last week. Very tempted to buy some more.
I'll scare them off with a huge MEOW :D
I think I must have been reading a different AGM presentation to what some of you read.
Not quite sure why the PGW price has risen since the AGM. Yes the first quarter went well. But 'The Dewd' said not enough time had elapsed to provide any profit guidance for the year. Those who have been following the weather would have known that farmers have had a good three months. No dividend is due. And even when it comes in some five months time, the interim will be small due to the seasonal nature of PGWs business.
Perhaps it is just a relief rally because nothing seriously went wrong, (except for all those cattle dying from PGW supplied swede seed). Have others only just realised PGW isn't strongly coupled to the milk price? No mention of their finance partner Heartland either, apart from the fact they were pleased to be uncoupled from them.
SNOOPY
discl: PGW holder, but haven't been sniffing around the PGW feeding dish recently.