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12-03-2010, 12:41 PM
#1061
High NZD?
Dairy prices peaked?
Lack of financing in the rural sector?
Too many rural companies seeking funding, including Fonterra?
You name it, plenty of reasons why PGW is stuck in this price range. But according to some people this stock is worth $100... LOL
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12-03-2010, 01:27 PM
#1062
 Originally Posted by Dr_Who
High NZD?
Dairy prices peaked?
Lack of financing in the rural sector?
Too many rural companies seeking funding, including Fonterra?
You name it, plenty of reasons why PGW is stuck in this price range. But according to some people this stock is worth $100... LOL
Er, how long do we continue to watch the space at ELD?
http://www.sharetrader.co.nz/showthr...ade-here/page8
ELD is at an all time low again!
Wonder why?
Last edited by Balance; 12-03-2010 at 02:27 PM.
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12-03-2010, 02:38 PM
#1063
Waiting for an answer from Dr Who.
LOL - Not holding my breath though!
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12-03-2010, 03:21 PM
#1064
Member
Dr, nobody said this stock worth $100, I dump it not because it's not worth to hold,but just need time to see the buy signal, probably i will come back if lower bottom will be formed.
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12-03-2010, 03:34 PM
#1065
Originally Posted by flyingfox
Dr, nobody said this stock worth $100, I dump it not because it's not worth to hold,but just need time to see the buy signal, probably i will come back if lower bottom will be formed.
I was only having abit of funny winding up a certain individual.  .. tongue and cheek.
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12-03-2010, 04:52 PM
#1066
Member
Why would the share price go up until they can show that they can turn a decent profit?
So no change until august/ september?
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12-03-2010, 06:26 PM
#1067
Originally Posted by Dr_Who
I was only having abit of funny winding up a certain individual. .. tongue and cheek.
LOL - indeed!
Every time Dr Who looks at ELD, he wonders why he bought into it instead of PGC or PGW.
Last edited by Balance; 13-03-2010 at 08:13 AM.
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15-03-2010, 02:01 PM
#1068
Originally Posted by Dr_Who
Looks like PGW For Sale sign is up.
Maybe the Chinese can pick this one up for cheap?
Originally Posted by Balance
Why would the Chinese want to buy a NZ based rural servicing company employing thousands of people? Resources or brands - that's what the Chinese are looking for.
PGW is now in deep deep financial strife. Banks have given the company until 31 March 2010 to repay $200m.
Originally Posted by Dr_Who
Announcement... Chinese interest
Oh dear Balance
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15-03-2010, 02:47 PM
#1069
Member
Agria had an announcement about strategy review on 10/03 and their sp just jumped 16%, they mentioned PGW cooperation but it seems have no effect in NZ
so disappointing on nz sharemarket, lack of interest....
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15-03-2010, 05:22 PM
#1070
Originally Posted by Dr_Who
Oh dear Balance
ELD now at an ALL TIME LOW. SP now not even covering rights issue price was $1.50 equivalent. Something smells.
In contrast, PGW sp is well above rights issue price of 45c.
LOL - You have not figured it out yet, Dr Who, have you? Circumstances change in the market and you change your investment strategy to maximize the opportunity.
Unlike you, I am happy to admit I am wrong and decide what to do next.
Cool big ripe sweet juicy red water-melons on a hot sunny day. Crackling roast pork on a snowy cold day. Get it?
Last edited by Balance; 15-03-2010 at 05:37 PM.
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