sharetrader
Page 2 of 26 FirstFirst 12345612 ... LastLast
Results 21 to 40 of 508

Thread: Seeka

  1. #21
    Update Ready To Install
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    8,937

    Default

    I suggest anyone considering buying into Seeka or Satara have a look at Seekas latest announcement. It finishes with "...outbreak of the disease has the potential to seriously impact on future earnings of the company" .Thats honesty for you.

  2. #22
    Member
    Join Date
    Mar 2006
    Location
    , , New Zealand.
    Posts
    145

    Default

    I haven't heard anything much on the research side that would be positive medium term. Last season they tried the antibiotic/ probiotic spray from BASF which I heard was useless but I imagine desparate growers are trying it. Not Seeka anymore. The best hope was for drilling into sap and pumping antibiotic under pressure - used in apples apparently. Otherwise what is there ... rip up the vines, look for resistant plants, or head in sand.
    I would say at the moment the wealth destruction in the industry would be similar to finance companies in 2007...but opportunities for tax write offs or more positively a white knight in a lab coat...

  3. #23
    Member
    Join Date
    Jul 2011
    Posts
    30

    Default Seeka and Satara to merge


  4. #24
    Member
    Join Date
    Jun 2011
    Location
    Wellington
    Posts
    83

    Default

    SEK lowest offer of 7,598 @ $1.77, could be placed to pop.

    Edit. Lowest Bid was 10,000 @ $0.93
    Last edited by smpl; 23-02-2012 at 10:15 AM.

  5. #25
    Member
    Join Date
    Jun 2011
    Location
    Wellington
    Posts
    83

    Default

    Lowest Bids
    5000 @ $1.00
    4000 @ $1.02

    Highest Offers
    7,598 @ $1.77
    2,534 @ $1.78

  6. #26
    Member
    Join Date
    Jun 2011
    Location
    Wellington
    Posts
    83

    Default

    now up 10.87%

  7. #27
    Ignorant. Just ignorant.
    Join Date
    Jan 2005
    Location
    Irresident
    Posts
    941

    Default

    They were well oversold in the PSA panic. But interestingly, Satara aren't showing the same resilience. Any ideas why not ?

  8. #28
    Senior Member kizame's Avatar
    Join Date
    Feb 2007
    Location
    Tauranga, , New Zealand.
    Posts
    718

    Default

    I think Satara are having their difficulties,1 season ago Eastpack were looking to merge,then came PSA and they pulled out,then SEEKA had their go,I don't think they are efficient enough in this competitive industry,it all comes to packout cost,i.e cost of packing per tray,and apparently they only have one decent packhouse right in Te Puke,with a few smaller less efficient ones,plus they are losing growers.

  9. #29
    Ignorant. Just ignorant.
    Join Date
    Jan 2005
    Location
    Irresident
    Posts
    941

    Default

    Thank you Kizame.

  10. #30
    Member
    Join Date
    Jun 2011
    Location
    Wellington
    Posts
    83

    Default

    Quote Originally Posted by smpl View Post
    Lowest Bids
    5000 @ $1.00
    4000 @ $1.02

    Highest Offers
    7,598 @ $1.77
    2,534 @ $1.78
    SEK currently up 18.7%, with over 7000 taken out at $1.46. There is still 55,000 on the buy side and only 9,000 on the sell.

    If the 9,000 offered at $2.45 is taken out, SEK will be up over 160% today! This is following it being up 23% ove the last two days.

  11. #31
    Ignorant. Just ignorant.
    Join Date
    Jan 2005
    Location
    Irresident
    Posts
    941

    Default

    Should've bought more.
    Should've bought more.
    Should've bought more.

    B*gger !


    Is there still time, d'you think ? Or move on to Satara ?

  12. #32
    Member
    Join Date
    Jun 2011
    Location
    Wellington
    Posts
    83

    Default

    highest offers around $2.45 today.

  13. #33
    Advanced Member BIRMANBOY's Avatar
    Join Date
    May 2011
    Location
    Wellington
    Posts
    1,608

    Default

    The NTA is like 3.89 per share as of December....at SP of 1.45 last trade and earnings of 49 or something? this could be a usefull SPEC for the bravehearted. Until its drop it was trading 2.50 to 3 plus with dividends.

  14. #34
    Senior Member kizame's Avatar
    Join Date
    Feb 2007
    Location
    Tauranga, , New Zealand.
    Posts
    718

    Default

    Be careful with this one,we have had a dry summer so PSA has been slowed,they have shed a lot of staff,and with that goes an aweful lot of experience.they have grafted over 2,000 hectares in new variety gold,but time will tell.
    I was always told never invest in Horticulture,meet processing or airline stocks.

  15. #35
    Update Ready To Install
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    8,937

    Default

    I drive past recently grafted over kiwifruit stumps often. Im sure i can see dieback in the new leaves already. Hope its not PSA. The new variety G3 i think it is, was only thought to have more resistance so heres hoping.

  16. #36
    Advanced Member BIRMANBOY's Avatar
    Join Date
    May 2011
    Location
    Wellington
    Posts
    1,608

    Default

    Well the usefullness of that would be totally dependant on who told you wouldnt it? Air NZ is up nicely..dont know about others but wouldnt exclude them from being looked at objectively. People gotta eat, growing population, more people flying worldwide. If people didnt believe in these industries and didnt put money and capital into them would be a waste of NZ resources and a criminal lack of attention to what we do well.....growing great produce and meat products.
    Quote Originally Posted by kizame View Post
    Be careful with this one,we have had a dry summer so PSA has been slowed,they have shed a lot of staff,and with that goes an aweful lot of experience.they have grafted over 2,000 hectares in new variety gold,but time will tell.
    I was always told never invest in Horticulture,meet processing or airline stocks.

  17. #37
    Senior Member kizame's Avatar
    Join Date
    Feb 2007
    Location
    Tauranga, , New Zealand.
    Posts
    718

    Default

    Quote Originally Posted by BIRMANBOY View Post
    Well the usefullness of that would be totally dependant on who told you wouldnt it? Air NZ is up nicely..dont know about others but wouldnt exclude them from being looked at objectively. People gotta eat, growing population, more people flying worldwide. If people didnt believe in these industries and didnt put money and capital into them would be a waste of NZ resources and a criminal lack of attention to what we do well.....growing great produce and meat products.
    And as a long term investment, compare air to rym,I know which id prefer,they are only good for a short term upward movement.
    Have a look at the track records of the likes of seeka,satara,tasman agriculture from a few years back,affco.Hmmn find anything attractive to hold onto there?

  18. #38
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    14,304

    Default

    Quote Originally Posted by BIRMANBOY View Post
    Well the usefullness of that would be totally dependant on who told you wouldnt it? Air NZ is up nicely..dont know about others but wouldnt exclude them from being looked at objectively. People gotta eat, growing population, more people flying worldwide. If people didnt believe in these industries and didnt put money and capital into them would be a waste of NZ resources and a criminal lack of attention to what we do well.....growing great produce and meat products.

    Yeah Right.That advice may have come from a guy named Warren Buffet.Ignore it if you like.

  19. #39
    老外
    Join Date
    Nov 2012
    Location
    Earth
    Posts
    990

    Default

    Check out that volume today, a massive 23c rise... on volume of 4800 and a value of less than $8k? Whaaaaat??

  20. #40
    Advanced Member BIRMANBOY's Avatar
    Join Date
    May 2011
    Location
    Wellington
    Posts
    1,608

    Default

    Thats why I said the degree of usefullness would be dependant on who "told" him. Perhaps he wasnt "told" so much as read it somewhere in which case it would have had more believability if the "teller" had been revealed. The devil is in the details. Personally I dont believe in God like status so even if St. Warren had said it I would still do my own research which was my point after all.

    Quote Originally Posted by percy View Post
    Yeah Right.That advice may have come from a guy named Warren Buffet.Ignore it if you like.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •