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  1. #9901
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    Surely with the falling Kiwi the S P with atm should be climbing just as FPH has over the last few months !

  2. #9902
    Legend minimoke's Avatar
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    Quote Originally Posted by whatsup View Post
    Surely with the falling Kiwi the S P with atm should be climbing just as FPH has over the last few months !
    Theres no currency gain when selling to the local Pak N Save.

  3. #9903
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    Quote Originally Posted by minimoke View Post
    Theres no currency gain when selling to the local Pak N Save.
    But there is in China as ATM has to convert into the international currency of trade , the U S $ when returning funds back to N Z !!

  4. #9904
    Legend minimoke's Avatar
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    Quote Originally Posted by whatsup View Post
    But there is in China as ATM has to convert into the international currency of trade , the U S $ when returning funds back to N Z !!
    There is that for sure. But some people are really excited its available locally. Not a lot of money to be made there.

  5. #9905
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by minimoke View Post
    Theres no currency gain when selling to the local Pak N Save.
    Actually - there is. Greedy producers tend to increase local sales prices arguing that they could otherwise get more money for their product exporting it. Just wait and watch milk, cheese, butter, veges and fruit go up again. Been there, seen that.

    The other benefit of this mechanism is that producers always forget to reduce local prices when the Kiwi dollar goes up again.
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  6. #9906
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    ceo should tweet “am considering taking a2m private at $20. Funding secured”.

  7. #9907
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    Quote Originally Posted by ohpark0119 View Post
    ceo should tweet “am considering taking a2m private at $20. Funding secured”.
    that was the iron man not iron woman. (no offence just a joke)

  8. #9908
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    After a good climb... What an anti climax toward the end...

  9. #9909
    Speedy Az winner69's Avatar
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    Quote Originally Posted by longy View Post
    After a good climb... What an anti climax toward the end...
    Driven out of ASX

    Contagion seems to be a worry ....maybe worse to come 'AMP Capital's head of investment strategy, Shane Oliver, believes markets will be stressed for a while after the Turkish Lira plunge.'
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #9910
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    Quote Originally Posted by longy View Post
    After a good climb... What an anti climax toward the end...
    But wait, the last 3 days highs were 10.52, 10.77 and 11.07, and the lows were 10.26, 10.50 and 10.77. It is just practising take off. That is all I am going to say, don't want to put a jinx on it. Ann.reporting is coming out soon, and we all know what the results will be.
    Last edited by see weed; 13-08-2018 at 08:15 PM.

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