Quote Originally Posted by Joshuatree View Post
It was $5.62 when you posted on the "Are NZ stocks too expensive thread". Now $6.05 so thats a 7.6% rise pretty handy. Have you an intrinsic value Forest. Thanks for bringing it to our attention.
Hard to come up with an intrinsic value for SAN as there are many changing factors with this company and lot of them positive as I see it.
Had a talk to the 2 Goodfellow directors at the last AGM and they seem to expect that return on equity is going to be double digits within a few years.The last 5 years were all below 5.
A positive for SAN also is that new planes have more cargo space this helps with sending higher value fresh fish to markets were they are prepared to pay a premium.

Worth keeping an eye on