yea seeka overpaid thats why the price was down yesterday. based on pmnd77 statement 1m is committed long term either thru lease or contract the rest seeka must be fairly confident of retaining as usually smaller packhouse dont have many of there contracts longer than season to season. notice also seeka didnt mention any costs associated with redundacies etc as i imagine most of the Aongatete admin people or duplicate roles will get the boot.
LOL - looks like market changed its views quite fast. But how do they say - market is always right .. you just need to keep up ;
Interesting depth this morning - One lonely seller (at $5.50) left!
BP im glad one of your shares is working out , it feels good to let everyone know doesnt it i prefer scales by the way as my exposure to the sector
Just trying to create some balance against the constant negativity coming from one particular poster around here ...
BTW ... just looking into my portfolio - 15 of my holdings are up, 4 are down (3 of them hardly material). Total is nicely up. I can live with that result ;
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"Prediction is very difficult, especially about the future" (Niels Bohr)
It is a stock with low liquidity. Already forgotten?
Yes it can be difficult to sell shares in this fine company due to very low liquidity and mostly held my long term investors that are not trading the shares. But a great company to have a few shares in.
I took a big punt on SEK back in 2015 and it became 40% of my NZX portfolio. Would not do that again as it took a long time to get out due to lack of liquidity and took a lot of patience, but turned out very good in the end.
Now ready for re-entry at the right price as/when funds allow. Definitely a long term growth opportunity here.
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Originally Posted by bull....
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i prefer scales by the way as my exposure to the sector
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