PGW - PGG Wrightson

[kiwidollabill]

Collapsing oil prices not good for PGW

Didn’t I read that on here somewhere

Correlation with the milk price... https://www.dairybusiness.com/dairy-...-or-causation/

Causation not entirely explained but surmised to be associated with elasticity of purchasing from ME customers + Russia

[Balance]

The linkages between our agricultural fortunes to China's fortunes - never more glaringly clear.

https://www.nzherald.co.nz/business/...ectid=12327039

"The New Zealand-China meat trade has returned to pre-coronavirus levels but markets in North America and Europe have been hit hard by the pandemic, Invercargill-based Alliance Group says.
Chief executive David Surveyor said trade with China was back to where it was before the outbreak - "China is going well. It is in a good space."

[Balance]

https://www.msn.com/en-in/news/world...Gzv?li=AAggbRN

Global Crisis looms due to impact of virus.

You can be very very sure China will never allow itself to be short of food and the misery of famine ever again.

Why China will continue to invest billions of dollars to position itself in the agricultural & food industries.

[winner69]

Hope NZ follows India and makes it really hard for China to take over NZ companies

[Balance]

Hope NZ follows India and makes it really hard for China to take over NZ companies

Get them to pay a full price.

[nztx]

Hope NZ follows India and makes it really hard for China to take over NZ companies

Haven't Australia done something on this already ?

[Balance]

Haven't Australia done something on this already ?

Yup - all foreign investments irrespective of size will now require federal government approval.

Really an extension of their current foreign investment approval regime.

https://www.abc.net.au/news/2020-03-...virus/12101332

[kiwidollabill]

Yup - all foreign investments irrespective of size will now require federal government approval.

Really an extension of their current foreign investment approval regime.

https://www.abc.net.au/news/2020-03-...virus/12101332

They got really burnt with the Van Dieman Co buyout, the final chapter of that story has yet to be written...

[nztx]

They got really burnt with the Van Dieman Co buyout, the final chapter of that story has yet to be written...

I know that one - originally Tasman Ag - I think then takeover by Taranaki District Council, from memory going back a while?

[tim23]

Strong close Friday - might bode well for tomorrow.