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  1. #691
    Guru
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    Jul 2004
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    Bolivia.
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    4,956

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    "A good year for meat but also an outlier"

    https://www.farmersweekly.co.nz/a-go...VTJTQtT1Fn3QGk

  2. #692
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    Jul 2004
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    Share price starting to recover after recent dividend.

    None on the offer currently. 52 week volume has been heading steadily upwards - now 4.8m, I think at one stage was low 3m's.

  3. #693
    Dilettante
    Join Date
    Mar 2010
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    Down & out
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    5,435

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    Quote Originally Posted by Sideshow Bob View Post
    Share price starting to recover after recent dividend.

    None on the offer currently. 52 week volume has been heading steadily upwards - now 4.8m, I think at one stage was low 3m's.
    Yes we definitely have lots of buyers in that $1.50 - $ 1.53 range. All snapped up.

  4. #694

  5. #695
    Guru
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    Jul 2004
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    Bolivia.
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    Decent volume through today. Steady at $1.50.

  6. #696
    Dilettante
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    Mar 2010
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    Down & out
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    Come on everyone https://meattheneed.org/

  7. #697
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    Jul 2004
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    Bolivia.
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    Latest forecast from SFF is lamb schedules to be in the $6.50 - 6.70 range for the 1st quarter of 2023 - large drop from this time last year - about $35-40/head less income for farmers.

    End of financial year coming up - while would have to think most of the year would have been very positive, might dampen down the 2022 result with markets going down and value of stock instore.

    Beef prices heading south also, and below this time last year - but it seems to be reported that might be a more temporary situation.

    Screenshot 2022-12-19 093739.jpg

  8. #698
    Guru
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    Jul 2004
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    Bolivia.
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    While nothing much showing on the offer, still relatively regular trading over the last few days at the $1.50 level.

    Inching towards the 5m shares traded over the last 12 months. That means just under 5% of the company has been traded. Must be plenty of happy farmers/holders out there.

    While markets finished the year on a downer, expect 2022 (YE 31/12) still to pump out a very very good result. Now just to wait.....

  9. #699
    Guru
    Join Date
    Jul 2004
    Location
    Bolivia.
    Posts
    4,956

    Default

    Was quite a few parcels on the offer earlier in the day, but someone has just clean out them all at once. About 65k shares in total, all at $1.50.

  10. #700
    Guru
    Join Date
    Jul 2004
    Location
    Bolivia.
    Posts
    4,956

    Default

    Share price seems to be locked on $1.50 for about the last 6 weeks. Over that period, been about 60-odd trades and about 640k shares traded.

    Still plenty on both the offer/bid.

    Would have to think buyers will get a nice dividend feed in another few months.....

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