Seeka

[BlackPeter]

...

So all of a sudden things are wonderful , yea right. ( lower returns next 6 mths ) I stick to my view they were pressured into paying a dividend by big s/h or growers otherwise there announcements to this year make no sense esp when zespri were saying what a great year it was.

It seems to have escaped your attention that Seeka are an agricultural company, and that their revenues are ALWAYS lower in the second half :

[JSwan]

Did someone not realise that they're selling 462 shares for $4,050 each? Seeka to be the next Amazon?

Attachment 11870

[bull....]

Did someone not realise that they're selling 462 shares for $4,050 each? Seeka to be the next Amazon?

Attachment 11870

lol only on sharesis

[turnip]

"Seeka expects to pack 900,000 trays [of avocado] this season of its own and its growers fruit which is a record for the company."
https://www.freshplaza.com/article/9...it-are-strong/ (21 August 2020)

[BlackPeter]

"Seeka expects to pack 900,000 trays [of avocado] this season of its own and its growers fruit which is a record for the company."
https://www.freshplaza.com/article/9...it-are-strong/ (21 August 2020)

Interesting - thanks for sharing!

[iceman]

Sad news from SEK today with 7 of their Samoan workers having a car accident on their way home from last day at work yesterday, before going back home to Samoa. Sadly one of them died at the scene but the others expected to make a full recovery. Thoughts are with those affected.

[whatsup]

Sad news from SEK today with 7 of their Samoan workers having a car accident on their way home from last day at work yesterday, before going back home to Samoa. Sadly one of them died at the scene but the others expected to make a full recovery. Thoughts are with those affected.

Our thought go with them and their family, so far from home due to this b!oody virus.

[turnip]

If New Zealanders want horticultural work then the Australian govt. is currently offering a A$2000 incentive to cross the ditch, while the New Zealand govt. is offering a $3100 incentive not to come back. This can't be helpful to the NZ hort. industry at the moment.

(Holding SEK/TGG/PLP)

[Getty]

At face value, you make a good point Turnip, but when one thinks about it deeper, its not so simple.

When these casuals come back to NZ, they may only earn $10k for their seasonal work.
So if the NZ taxpayer bears the cost of $3100 to isolate them on return, we are providing a 31% subsidy to that worker, for what result?

How much should the NZ taxpayer prop up some of these ventures, when all development & running costs get written off to tax?
If the employee costs then come back onto the state as well, whats the point of it all?
The company, that we have subsidised all the way through, then gets sold off to a foreign buyer, a few owners make a big profit, and NZ is shafted once more.

Much better to point out to these potentially departing workers, they are better off here as true patriots.

[bull....]

Surge in lending for horticulture needs watching: Reserve Bank

https://www.nzherald.co.nz/business/...WXSMC6VSMX3SU/

i have heard some banks are not lending on horticulture already ... for real