Seeka

[Mr Slothbear]

Anyone have a recording of the AGM or know where i could find one?

[Sideshow Bob]

Anyone have a recording of the AGM or know where i could find one?

I'd be interested too. I logged into the meeting through the Seeka website but while can join meeting (that has finished) can't replay it.

Annoying they don't have a recording - even if just available for a couple of days.

Meeting slides here - http://nzx-prod-s7fsd7f98s.s3-websit...797/417009.pdf

[peat]

potential very bullish v bottom forming on the mthly .... 3.05 would be the top of the sides i reckon. april 18th ?

technically the 1st bullish butterfly (in red) failed But the second smaller one in green succeeded (but has now played out) but would indicate very strong support at $2.50

But I have 4% of my portfolio in this already and my mantra is that "Horticulture is risky" which I know to be true from my own gardening lol so I cant really play this further.

Screenshot 2024-04-22 164053.jpg

[bull....]

technically the 1st bullish butterfly (in red) failed But the second smaller one in green succeeded (but has now played out) but would indicate very strong support at $2.50

But I have 4% of my portfolio in this already and my mantra is that "Horticulture is risky" which I know to be true from my own gardening lol so I cant really play this further.


Screenshot 2024-04-22 164053.jpg

failed to gain traction on the AGM meeting. maybe because they said no div's for quite a while as debt way to high. sellers came out of the woodwork after AGM. anyway i agree with your % of portfolio as its dependant on weather more so theses days and has high debt levels ... say no more its a higher risk stock at the moment.

[Toddy]

Why did they deem it necessary to hand out shares to growers ( including avo) in the current environment.

Are they scared of Growers jumping to Eastpack etc.

I have asked several Seeka growers this question. They all agree that it came out of nowhere and doesn't make sense. But will take the handout.

[bull....]

stock tanking after AGM , see as well as the 2.5m grower stock issued we had 600k odd management shares as well. are they selling ?

[Toddy]

The gold crop is all in apart from the last few orchards.
Volumes are slightly down on forecast.

My take on it is that it just sux to be invested in anything on the NZX today.

It's one of those days when you think 'why bother'.

[Toddy]

And the Zespri gold license tender was yesterday. The revenue from the tender was something like 100 mil, half of the previous year. Basically meaning come August the Zespri dividend will be half.
Some growers would have been banking on the dividend income.