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  1. #5231
    Guru Rawz's Avatar
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    Is this a cyclical stock?

    Or are PGW on a path to glory?

  2. #5232
    Advanced Member
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    God I love this company!
    All science is either Physics or stamp collecting - Ernest Rutherford

  3. #5233
    Dilettante
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    Stunning result whichever way one looks at it. Guidance upgrade as well :-)
    Very happy holder.

  4. #5234
    Senior Member
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    people are dumping pgw shares given strong first half year result and fat dividend, must be something unusual.

  5. #5235
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    Quote Originally Posted by Master98 View Post
    people are dumping pgw shares given strong first half year result and fat dividend, must be something unusual.
    People taking early div. It has had a good run up in last few months. I bought some at 4.75 half hour ago. Will top up on any more lows from here.

  6. #5236
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    Quote Originally Posted by see weed View Post
    People taking early div. It has had a good run up in last few months. I bought some at 4.75 half hour ago. Will top up on any more lows from here.

    Hi See Weed. Can you explain what you mean by 'people taking early div', do you mean selling on the run-up before going ex? It's dropping like a stone...Thanks.
    Last edited by Davexl; 17-03-2022 at 02:38 PM.
    All science is either Physics or stamp collecting - Ernest Rutherford

  7. #5237
    Senior Member
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    Yes I think he means profit taking off earlier rises. It has dropped off a brief high in the mid 5s and represents a good return so he is buying more which makes sense to me, cheaper today and a div due.

  8. #5238
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    Quote Originally Posted by mike2020 View Post
    Yes I think he means profit taking off earlier rises. It has dropped off a brief high in the mid 5s and represents a good return so he is buying more which makes sense to me, cheaper today and a div due.
    Just struggling to understand why the SP is dropping before the Div - it usually appreciates...
    All science is either Physics or stamp collecting - Ernest Rutherford

  9. #5239
    Speedy Az winner69's Avatar
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    Share price drop lately pretty brutal ....and down nearly 20% in last 6 weeks .... even after announcing record profit and a profit upgrade

    Maybe this has something to do with it

    Feds survey: Farmer confidence at lowest ebb since 2009
    https://www.fedfarm.org.nz/FFPublic/...ince_2009.aspx
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #5240
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    Quote Originally Posted by winner69 View Post
    Share price drop lately pretty brutal ....and down nearly 20% in last 6 weeks .... even after announcing record profit and a profit upgrade

    Maybe this has something to do with it

    Feds survey: Farmer confidence at lowest ebb since 2009
    https://www.fedfarm.org.nz/FFPublic/...ince_2009.aspx
    That helps to explain at least some of it, farmers like to moan about something despite the highest price in years in meat & dairy...Thanks Winner
    Last edited by Davexl; 17-03-2022 at 03:39 PM.
    All science is either Physics or stamp collecting - Ernest Rutherford

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