Originally Posted by
K1W1G0LD
Theoretical calculations are fine Percy , until they don't work out.
I'm picking SML to have a brighter future than HNZ , and as they have stated they will beat their current forecast . I'm picking substantially and I'm not the only one that is, They are investing heavily in increasing production and their markets are assured ...................yes a lot brighter future than HNZ and its happening a lot faster also due to the enormous demand for NZ dairy products. HNZ are going to take a lot longer to realise their goals and dispose of their troublesome bad loans , they are also in my opinion going to need a major credit re-rating for their shareprice to lift much over NTA.
Dividends are'nt everything , I'm happy with the substantial gains the lifting shareprice is giving , SML is already a success story and I'm more than happy to be on this train.