PGW - PGG Wrightson

[sb9]

I took the opportunity to take some more off his hands yesterday.

I did score some too (top up on my original from last year), too good an opportunity to miss out when you see price basically back at pre-results level.

[Balance]

I did score some too (top up on my original from last year), too good an opportunity to miss out when you see price basically back at pre-results level.

You did well - the 'big' seller has disappeared for whatever reason this morning. There were around 15000 shares left from yesterday at $3.45 but when bids for 16,000+ were put in, the seller turned tail & disappeared.

[mike2020]

Yes I had a bid in front expecting a top up. Maybe later? My two best div payers are PGW and HGH, I have enough of that one. I am tempted to take a little bit of ZEL but if it does not sell I wont enjoy owning it. PGW I know well.

[Davexl]

PGW on a roll today up 3.5% to $3.85

People might have figured out it's offering a nice 16c final dividend and are chasing it to 9 Sep ex date?

Disclosure: Held

[Balance]

Was great buying just the other week when someone was selling at $3.45.

[mike2020]

PGW on a roll today up 3.5% to $3.85

People might have figured out it's offering a nice 16c final dividend and are chasing it to 9 Sep ex date?

Disclosure: Held

7% net @ $4 would still be hard to beat at the moment it should run higher.

[Davexl]

7% net @ $4 would still be hard to beat at the moment it should run higher.

My calcs have it at 10.8% Gross when I bought, now down to 10.2% Gross which was rather encouraging...

[JohnnyTheHorse]

Was great buying just the other week when someone was selling at $3.45.

An absolute treat. The day trader in me says take profit, but it was a top up to longer term holding. Patience should be rewarded.

[sb9]

An absolute treat. The day trader in me says take profit, but it was a top up to longer term holding. Patience should be rewarded.

Same here, topped as an addition to my long term parcel, tucked away safely now.

[Roberto the Brickie]

Just wondering if the Board of PGW curse previous directors who sold several of the retail stores to be leasing them back at rates that would be higher than current interest rates. I looked at buying a couple of the retail stores but didn't as thought the return of 8% could be better achieved elsewhere and didn't fancy that for 10 years of leasing to them. Hindsight is a wonderful thing but I would have done better renting to PGW than collecting dividends from PGW. Guess the need to pay Agria a dividend was the price they are know paying for renting their stores.