The water in the sounds far too still both from wind and currents.
Printable View
This might see a change in fortune for the company
link
It was marginal tidal flow and temperature when they put the farms in and they have been poisoning the sounds ever since.
its a good story in theory but the reality is a lot different. https://www.youtube.com/watch?v=Zu-hl5lFoFc
Any idea why NZK is getting hammered right now.? I know their FY20 guidance released recently wasn't great but this latest share price drop seems excessive...maybe I'm wrong?
well, i bought some at 1.81... looks low enough.. they manage the company well.. just need to get National in power (which is a bit harder than managing warming sea temperature.. lol)
With static or declining profits and by nature a primary industry subject to the vagaries of nature, should NZK be on a PE of 17 or so? I like the company but as the market so often does, I think it became over-enthusiastic and over priced NZK. The past two years have made people stop and think and the SP has fallen back but I still regard a PE of 17 as too high.
https://i.stuff.co.nz/business/farmi...rait-next-year
Might be news to trade on, but im keeping clear because of current pe, as per post above
Would be positive should they be granted consent..
Supreme Winner at Nelson Business Awards
Organisers would have been happy about the number of their staff that attended.seems a bit of a character that Rosewarne guy.
https://www.stuff.co.nz/business/117...usiness-awards