sharetrader
Page 11 of 11 FirstFirst ... 7891011
Results 151 to 163 of 163
  1. #151
    Dilettante
    Join Date
    Mar 2010
    Location
    Nelson
    Posts
    2,945

    Default

    Quote Originally Posted by winner69 View Post
    Pretty yucky stuff

    And lots of corporate welfare as well.
    The water in the sounds far too still both from wind and currents.

  2. #152
    Member Timesurfer's Avatar
    Join Date
    May 2018
    Location
    Top of the South
    Posts
    309

    Default

    This might see a change in fortune for the company
    link
    “Better three hours too soon than a minute too late.”
    ― William Shakespeare

  3. #153
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    24,206

    Default

    Quote Originally Posted by Timesurfer View Post
    This might see a change in fortune for the company
    link
    For good or bad

    Think Jacinda won that round ......Rosewarne needs to get smarter I think
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  4. #154
    Membaa
    Join Date
    Nov 2004
    Location
    Paradise
    Posts
    2,757

    Default

    Quote Originally Posted by winner69 View Post
    For good or bad

    Think Jacinda won that round ......Rosewarne needs to get smarter I think
    Did he really say that to the PM! 0/10 for tact and diplomacy, bet she’s really keen to help now 🤔

  5. #155
    Member
    Join Date
    Jun 2014
    Posts
    256

    Default

    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

  6. #156
    Junior Member
    Join Date
    Apr 2002
    Posts
    26

    Default

    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?

  7. #157
    Member Timesurfer's Avatar
    Join Date
    May 2018
    Location
    Top of the South
    Posts
    309

    Default

    Quote Originally Posted by herbert240 View Post
    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?
    I am guessing global warming is coming home to roost. If they can’t get their deep water consents it is going to be a long road ahead with the fish losses they are experiencing.
    “Better three hours too soon than a minute too late.”
    ― William Shakespeare

  8. #158
    Senior Member
    Join Date
    Jan 2015
    Posts
    512

    Default

    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)

  9. #159
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    13,387

    Default

    Quote Originally Posted by babymonster View Post
    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)
    Take care or you too could end up "dead in the water."

  10. #160
    Senior Member
    Join Date
    Jun 2014
    Location
    Mid of Middle_earth
    Posts
    776

    Default

    Quote Originally Posted by babymonster View Post
    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)
    Added some too though at higher price than your 181 but my average price is still very much lower And it's nice to know too that the officers are adding to their holdings as of today.

  11. #161
    Banned
    Join Date
    Nov 2016
    Posts
    173

    Default

    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.

  12. #162
    Senior Member
    Join Date
    Jul 2015
    Location
    Auckland
    Posts
    862

    Default

    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

  13. #163
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    13,387

    Default

    Would be positive should they be granted consent..

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •