They finished today at 1.98.
So if you want a "bargin" you can still get one.
Have you bought back into PGW Duncan?
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They finished today at 1.98.
So if you want a "bargin" you can still get one.
Have you bought back into PGW Duncan?
RMBBRAVE, money where the mouth is. The farming cycle with the lower dollar and the rise of china can only trend up. Another 20pcenter plus divies on the way. macdunkQuote:
quote:Originally posted by rmbbrave
They finished today at 1.98.
So if you want a "bargin" you can still get one.
Have you bought back into PGW Duncan?
Another 20%er Duncan?
Over what time frame?
Good call Macdunk
Take alook at a long term chart of PGW. It's on a steady incline
I think you will get your 20% plus divi on this one.
rmbbrave, I assume macdunk's time frame is one year.
,
Maybe yes and maybe no mick. It should trend up at 20pc pa plus dividends over what period remains to be seen. The sp will one day be to high for what it is and trend down all over again. I expect a timeframe of at least a couple of years but that depends on outside influences. macdunkQuote:
quote:Originally posted by Mick100
Good call Macdunk
Take alook at a long term chart of PGW. It's on a steady incline
I think you will get your 20% plus divi on this one.
rmbbrave, I assume macdunk's time frame is one year.
,
Don't get the wool pulled this little heifer is going nowhere until the EU let Fonterra play butterball and the insurance pays out for the extreme weather events this year.
To ignore the risks would be Duncanesque, I do share your positive view for the future of PGW but thebuy order at 1.85 could still be filled before September.
disc. hold
Oh my god I just realised MACD has become a guru!!
Congratulations Duncan maybe we can get you a new keyboard for the next 2500 posts.
:)
KITTY, the butterball is sold its back to squire one. More upside than downside. The only downside in the immediate future is the deer velvet. I doubt very much if the sp will be under $2-00 before it hits $2-50 which it will do before this cycle is over. The end of the bad weather season is always a good buy in time dont get to greedy and miss out. macdunkQuote:
quote:Originally posted by kittydashwood
Don't get the wool pulled this little heifer is going nowhere until the EU let Fonterra play butterball and the insurance pays out for the extreme weather events this year.
To ignore the risks would be Duncanesque, I do share your positive view for the future of PGW but thebuy order at 1.85 could still be filled before September.
disc. hold
Congratulations Macdunk, your a bloody genious
PGW has 3-4 yrs of upside from here in my opinion
I'm expecting a doubling in shareprice in the next 4 yrs. Who cares wheather you pay $2.00 or 1.85 as long as your in on the bull market in Ag commodities
,
Truth is I've been long since pgg was 1.08 in 2003
You may be clever but your not a Guru ;)Quote:
quote:Originally posted by kittydashwood
Truth is I've been long since pgg was 1.08 in 2003
,
I am a guru, and I was interested in PGW.
But if MacDunk is going to sing it's praises, then I am out.
AH DONT SING AND AM NOT SINGIN. AH DONT SMILE AND AH AINT LAUGHIN.Quote:
quote:Originally posted by Paper Tiger
I am a guru, and I was interested in PGW.
But if MacDunk is going to sing it's praises, then I am out.
AND AH DONT SING PRAISES CAUSE IT AINT SUNDAY. macdunk
Presbyterian heh?Quote:
quote:Originally posted by duncan macgregor
AH DONT SING AND AM NOT SINGIN. AH DONT SMILE AND AH AINT LAUGHIN.
AND AH DONT SING PRAISES CAUSE IT AINT SUNDAY. macdunk
DONT forget ALF it has a big weather proof fiance company and not much butter to boot but very hard to BUY.. [8D]
Never held, but how much of their income comes from Real Estate?
Winter Blamed For Farm Sales Drop
Sat 22-Jul-2006 6:37AM
The Real Estate Institute is blaming the harsh winter for a significant drop in farm sales.
It says the number of farm properties to change hands dropped by almost 100 last month, from about 250 in May. It is also 50 fewer sales than in June last year.
The median price for farm properties is also down on the previous month and a year ago
The Institute's rural spokesperson, Murray Cleland, says while there is always a winter slow-down, the extent of the drop in sales has been surprising.
The lifestyle property market has caught a cold as well, with fewer sales last month and the median price dropping to below $400,000.
However, he says the market fundamentals remain good, especially with the falling dollar and he expects to see a revival of interest in the spring.
http://www.fencepost.com/news/detail...Sales_Drop.xml
Good pay out from fronterra, slightly more than expected after a year fighting the high dollar. Everything points to a trend up according to what i hear down at the farm. The high price of fuel is more of an advantage than a disadvantage to NZ farmers in one respect. overseas farmers on average have a greater exposure to fuel prices than nz farmers creating higher prices for their produce. macdunk
Whats your source of info for that statement?Quote:
quote:Originally posted by duncan macgregor
overseas farmers on average have a greater exposure to fuel prices than nz farmers
macdunk
cheers
CAM, Been there seen that. NZ farmers dont have to crop to the extent most overseas farmers do in order to feed their animals. The higher the price of fuel the greater the advantage. macdunk
MACD that statement is erroneous as the NZ dollar is the worst performing currencey in the world and oil is measure in US DOLLARS