Seeka

[bull....]

see eastpak is seeking to raise 30m

https://www.scoop.co.nz/stories/BU22...uit-demand.htm

anyone think its got anything to do with the frost event ?

[BlackPeter]

see eastpak is seeking to raise 30m

https://www.scoop.co.nz/stories/BU22...uit-demand.htm

anyone think its got anything to do with the frost event ?

The amount raised will help expand packing capacity at EastPack including processing and packing efficiency.

Are you saying they are lying?

[bull....]

Are you saying they are lying?

offer doc says its for general funds , working capital , investment etc

[whatsup]

Buying another pack house, always some available for sale !

[bull....]

oh no another downgrade

https://www.nzx.com/announcements/402491

[iceman]

oh no another downgrade

https://www.nzx.com/announcements/402491

Mid range down $ 2.25 million from last downgrade. Turning out to be a very bad year.

[GTM 3442]

"This reduction in earnings reflects a later shipping season, challenging
fruit quality across the industry and expected reduced fruit earnings from
the global market."

Ouch!

Perfect storm!

Repeat after myself

"I'm in it for the long haul"

"I'm in it for the long haul"

"I'm in it for the long haul"

"I'm in it for. . . . "

Ouch!

[percy]

"This reduction in earnings reflects a later shipping season, challenging
fruit quality across the industry and expected reduced fruit earnings from
the global market."

Ouch!

Perfect storm!

Repeat after myself

"I'm in it for the long haul"

"I'm in it for the long haul"

"I'm in it for the long haul"

"I'm in it for. . . . "

Ouch!

Definition of a "long term " holding.
A "short term " holding that did not work out...

I am still "half " invested in SEK.Sold mine and kept the wife's.

[bull....]

Mid range down $ 2.25 million from last downgrade. Turning out to be a very bad year.

im picking full yr loss once frost event damage becomes apparent next yr

[Lease]

Well, no need to be panic, if you are a long-term holder. So many instances have shown that quality companies are better collected when they hit hard by temporary storm.

The latest example could be ATM which its SP was down below $6 after it reported 2021 results. If you bought ATM right after its 2021 results out, now you would make over 10%.

One thing I reckon SEK is much better is its NTA is $6.07. Now the SP is trading at only 58% of NTA. SEK's farm land, production facility, etc has real value thus it's extremely cheap at moment. Buying now and long-term investors won't be disappointed.