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  1. #161
    Banned
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    Nov 2016
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    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.

  2. #162
    Senior Member
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    Jul 2015
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    Auckland
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    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

  3. #163
    percy
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    christchurch
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    Would be positive should they be granted consent..

  4. #164
    Speedy Az winner69's Avatar
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    Jun 2001
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    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
    Last edited by winner69; 03-11-2019 at 01:59 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #165

  6. #166
    Senior Member
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    May 2018
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    Still facing headwinds with consents to combat warming waters
    https://www.stuff.co.nz/environment/...rus-sound-farm

  7. #167
    Senior Member
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    May 2018
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    I think I may hold off buying back in just a little longer.

    https://www.stuff.co.nz/national/118...s-above-normal

  8. #168
    Legend peat's Avatar
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    Aug 2004
    Location
    Whanganui, New Zealand.
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    6,435

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    Quote Originally Posted by Timesurfer View Post
    I think I may hold off buying back in just a little longer.

    https://www.stuff.co.nz/national/118...s-above-normal
    note though that scientist didn't think it was that important and expected it to dissipate naturally and in no way thought it was indicative of global warming or climate change. (from what I remember reading in an article)
    For clarity, nothing I say is advice....

  9. #169
    Senior Member
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    May 2018
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    710

  10. #170
    Dilettante
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    Mar 2010
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    Down & out
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    5,407

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    Cancellations from China have lead to 10-15% price drop for both Scottish and Norwegian farmed salmon and further drops expected in coming weeks. Talk of salmon being "dumped" into US and Brazil to get rid of production previously destined for China. I'm sure NZ salmon companies will be affected. But of course these drops are from all time high prices so needs to be kept in context. But definitely a worry to have so much being cancelled, particularly around the Chinese New Lunar Year when seafood consumption has always been at its highest. Most cancellations due to the fact that transport inside China is in chaos so nobody is buying. Not only salmon but all seafood being affected and for example crayfish operators in NZ are working with MPI to consider releasing large amounts of crayfish in holding tanks (previously destined for China) back into the ocean.
    Last edited by iceman; 02-02-2020 at 08:52 AM.

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