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looks like the share price is breaking out from the downtrend from 2018.
one step ahead of the herd
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that huge volume on friday was 9.5% sub holder selling out from tokoyo. so the big question is who brought that 9.5% stake?
one step ahead of the herd
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Originally Posted by bull....
that huge volume on friday was 9.5% sub holder selling out from tokoyo. so the big question is who brought that 9.5% stake?
http://nzx-prod-s7fsd7f98s.s3-websit...384/337838.pdf
Here is the announcement. Hopefully we see the purchaser soon.
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Seeka has secured 217 RSE workers from the current Government allocation of 2000. The extra cost of getting these workers to work is $ 6,200 per person before they start paying wages. They're using them as "insurance" as the local people replacing them are unskilled, slower and taking longer to come up to speed. So the experienced RSE workers are critical. Seeka estimates manual labour costs have risen 30% due to this !!!!
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looks like seeka may get a big payday
Government pays $40m to settle long-running kiwifruit Psa claim
The out-of-court settlement brings to an end years of legal disputes after 212 kiwifruit orchardists, and Te Puke-based post-harvest operator Seeka, brought a class action alleging the Government was liable for losses caused by the devastating plant disease.
https://www.stuff.co.nz/business/300...ruit-psa-claim
one step ahead of the herd
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https://www.nzx.com/announcements/368231
"Seeka Announces 12 cent Dividend
Record date is 5 March 2021
Payable on 30 March 2021"
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Originally Posted by nztx
the resumption of dividends puts them at 6.8% gross return for a year not to shabby dividend return in this environment
one step ahead of the herd
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Yes.
The question now is how much of the crop will make it through the packhouse, and to market, thanks to shortage of pickers.
Lack of RSE workers/covid will get the blame, while our local benefit recipients cruise past on their way to the beach, watching the fruit fall to the ground.
Even then they wont pick it up, much easier to wait for a koha to be delivered to the food bank, and wait for someone to deliver their kids school lunches, and personal hygiene products.
This poverty is tough you know...
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Originally Posted by Getty
Yes.
The question now is how much of the crop will make it through the packhouse, and to market, thanks to shortage of pickers.
Lack of RSE workers/covid will get the blame, while our local benefit recipients cruise past on their way to the beach, watching the fruit fall to the ground.
Even then they wont pick it up, much easier to wait for a koha to be delivered to the food bank, and wait for someone to deliver their kids school lunches, and personal hygiene products.
This poverty is tough you know...
Believe you it will all be picked, from someone who knows.
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