PGW - PGG Wrightson

[winner69]

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

Yep they getting high prices but jeez input costs / labour probably going up faster

Funny they don't get much out of reduced RUC charges ..... they hardly pay any in first place but government needs to to help them out somehow or PGW shareholders might suffer more

[Snoopy]

Yep they getting high prices but jeez input costs / labour probably going up faster

Since PGW sales are 'input costs', That may be no bad thing for we PGW shareholders?

SNOOPY

[winner69]

Since PGW sales are 'input costs', That may be no bad thing for we PGW shareholders?

SNOOPY

Thought that as well but didn’t want tornam PGW too much ……but there was a suggestion that higher cost might mean farmers cut back on how many things they buy

[Master98]

https://www.nzx.com/announcements/389072
Retirement of Chair Rodger Finlay, the cause of recent share dumping?

[Rawz]

https://www.nzx.com/announcements/389072
Retirement of Chair Rodger Finlay, the cause of recent share dumping?

Sounds like he is getting out while on top

[maclir]

Sounds like he is getting out while on top

He hs just taken on major repsonsibilities at the Reserve Bank. Looking at this https://www.rbnz.govt.nz/about-us/bo.../rodger-finlay I don't know where he finds the time or energy for half of it.

[Davexl]

Could this be part of it, excerpt from Thomas Manch about new sanctions regime at Stuff newsletter:

But what's concerning for New Zealand is the suggestion that China may provide Russia military aid. The US has threatened to respond to such a move, and such support would bring China within the remit of New Zealand's new Russia sanctions law - a prospect that will strike fear into the hearts of our exporters.

[Master98]

Could this be part of it, excerpt from Thomas Manch about new sanctions regime at Stuff newsletter:

But what's concerning for New Zealand is the suggestion that China may provide Russia military aid. The US has threatened to respond to such a move, and such support would bring China within the remit of New Zealand's new Russia sanctions law - a prospect that will strike fear into the hearts of our exporters.

unlikely given both synlait and a2 directly involved in china, synlait up 5% and a2 up 1.6% today.

[iceman]

Could this be part of it, excerpt from Thomas Manch about new sanctions regime at Stuff newsletter:

But what's concerning for New Zealand is the suggestion that China may provide Russia military aid. The US has threatened to respond to such a move, and such support would bring China within the remit of New Zealand's new Russia sanctions law - a prospect that will strike fear into the hearts of our exporters.

That would be disastrous for NZ Inc and many listed entities would be much more severly affected than PGW.

[sb9]

Just wondering if Cushing still off loading his stake...got stuck in the 4.40s range for a while now.