Yeah, all these dairy exposures just meant a buying signal for me for PGW and HNZ. Gut feel, of course :)
Printable View
Yeah, all these dairy exposures just meant a buying signal for me for PGW and HNZ. Gut feel, of course :)
To be fair though Roger, with what money? Dairy farmers chequebooks are shut! They'll only be buying bare necessity's. And the guy who buys the farm might use Heartland again.
On the flip side, what will the return drop down to for both HNZ and PGW? 8%? I'll be sure to mop up the tears off my new Ferrari's dash.
WARNING.!
EPS...down from 0.055 to 0.043.
Revenue .....down.
Net cash from operating revenue....down.
Current assets up about $5mil while current liabilities are up $18mil.
Shareholders equity down.
Had it not been for Foreign currency translation reversal the accounts would have been a disaster.
Improved from negative [7,062] to positive 13,628.
Yes a very well run business,but will need to be with the challenges they face.
Go the Dewd! We were in the same hostel at university.
Disc. Not holding.
LOL, trust me, you're better off with a Mercedes-benz, more reliable...those Italians are too troublesome. There will be a lot of un-dairy conversions coming. Buy a dairy farm for nix and convert to beef, cropping or whatever. Front page of the Herald today, Dairy receiverships starting to come thick and fast or words to that effect. It's just the beginning.
At least they're being prudent and honest and not trying to B.S. people with a profit forecast when they know you can't reliably forecast at this point. Unlike another company I know. Invest through the cycle. Heaps of dairy un-conversions coming and lot of business for PGW's grain and seed business with new cropping ventures. Banks will get a real bath and PGW will be there to service the new owners having copped a little clip around the ears from a couple of months of supplies not paid, no biggie really.
Speaking about the local corner store...My local store was selling milk 2 for $5.19 ..until the Fonterra heavies recently put the hard word on the store to put the price back to 2 for $6...It seems Fonterra doesn't want its discount branded milk used as a lost leader product...
I hate it when Mum and Dad fight. I hope they kids and make up for the sake of us sharetrader kids.
Come on Roger and Percy, kiss and make up.
Another 2 cps div. Is it just me, or do their div's always look like they match Agria's requirement to pay their interest bill ?