Then it's not about how much he paid, maybe how many he has .....?
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Jonas got paid $1,061,000 in FY14
Possible cost savings coming up I hope
I agree the basics are still in tact, yield well supports current share price too.
Of no consequence to the beloved probably, but despite our tendency to be glued to NZX announcements and act instantly to any announcement, if only to talk it through, is that the majority won't absorb the news until tomorrow or being Friday until the weekend. So tomorrow and Monday we should see whether a key-man defection further impacts the SP.
Co-incidentaly perhaps is today the SP touched perfectly on the underside of the downward linear regression channel that the SP had only just recently re-entered, while also scything through the 200EMA that previously at least caused pause for thought, before failing to the downside. It might be too optimistic that today saw the end of the reaction to Mr Jonas exit.
It's not good when the brains trust votes with their feet. I suspect buying/accumulation opportunity will emerge from this, while the devoted fiddle with their prayer beads.
Good post. Harmoney loses $6.25 million in the first 11 months and the director of HNZ in charge of new product resigns, (was pushed ?, they were hardly over effusive when talking up his contribution were they ?). Normal new business start up losses or a connection between these two events ? Breech of 200 day MA is pretty clear now. Claims that dairy falling off the edge of a cliff will have no effect on this company are perhaps starting to look a little unfounded ?, you folks be the judge.
Unrelated but of some interest from a market perspective on where interest rates are headed this morning the BNZ launches 2 year mortgage rate special for 4.69% ! WOW !
I've been around a long while but I am struggling to EVER recall a rate that low before ? They operate in different sectors, acknowledged, nonetheless how does significantly lower interest rates affect HNZ's margins ? Were they not paying circa 5% on 3 year deposit money this time last year ?
http://www.interest.co.nz/news/76743...leading-market
Interesting post in there under comments. Better to wait a few months for a 3.99% special, unthinkable it could get that low or is it ?
I sees nothin, nothin at all
Last time I looked the share price was 122 and it's all honky dory
Pop quiz time! What's the current yield at 1.19/1.20 or there abouts?
Thanks to all of you who are much more informed than me :)