PGW - PGG Wrightson

[Jantar]

I had a contractor plant out one of our paddocks in lucerne on Saturday. That seed (from PGW) costs $660 for a 20kg bag. Someone is making a nice profit, and I hope to see some of it back in the next dividend.

[Beagle]

I had a contractor plant out one of our paddocks in lucerne on Saturday. That seed (from PGW) costs $660 for a 20kg bag. Someone is making a nice profit, and I hope to see some of it back in the next dividend.

That stuff good in a dry year isn't it ! Market is eagerly awaiting tomorrow's annual meeting and profit guidance for FY16.

[kiwidollabill]

Considering the amount of Pivot irrigators that have been put up in the last 12 months in the upper Clutha I imagine their irrigation BU will be doing well..

[Plutus]

Considering the amount of Pivot irrigators that have been put up in the last 12 months in the upper Clutha I imagine their irrigation BU will be doing well..

That extra water acquisition a year or two back will come in to its own.

[winner69]

When you see a headline 'Wrightson's first quarter on track' you know bad news is coming

WOW. - on track to lower earnings

So last year $69.5m ebitda could be as low as $61m this year

That's not good

A shocker really

But the corporate spin came out as usual .....all on track to something in the future. All honky dory, no worries

[kiwidollabill]

That extra water acquisition a year or two back will come in to its own.

Ngai Tahu have pushed the button on converting a whole lot of their canterbury farms into Dairy. They've bought 42 pivots.....

[couta1]

But winner they said they were tracking slightly ahead of expectations so all good.

[winner69]

But winner they said they were tracking slightly ahead of expectations so all good.

Must be bloody low expectations then mate

A strategy for growth and guidance with ebitda possible 12% lower than last year

Whose kidding who here

[winner69]

That stuff good in a dry year isn't it ! Market is eagerly awaiting tomorrow's annual meeting and profit guidance for FY16.

You got your wish?

[winner69]

The divie is safe - Alan will see to that