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  1. #1051
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    Trump whacked a 5% tariff on Mexican goods today (or at least announced it) with our going up 5% per month up to 25%. That's FPHs advantage poked. I see these dropping away significantly. I wouldn't like to put a guess on the bottom, but like everyone, I'll be putting some money on it when it feels right.

  2. #1052
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    Quote Originally Posted by Lewylewylewy View Post
    Trump whacked a 5% tariff on Mexican goods today (or at least announced it) with our going up 5% per month up to 25%. That's FPHs advantage poked. I see these dropping away significantly. I wouldn't like to put a guess on the bottom, but like everyone, I'll be putting some money on it when it feels right.
    " divert production from Mexico elsewhere and supply the US market from New Zealand – where it still does the bulk of its manufacturing – if necessary.

    Gradon also noted in November that the lower value of the Trump-hit Mexican peso would make manufacturing in Mexico cheaper."
    https://www.stuff.co.nz/business/ind...-talks-tariffs
    Also building in Auckland
    https://www.nzx.com/announcements/312093
    Last edited by kiora; 01-06-2019 at 08:56 AM.

  3. #1053
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    Quote Originally Posted by Lewylewylewy View Post
    Trump whacked a 5% tariff on Mexican goods today (or at least announced it) with our going up 5% per month up to 25%. That's FPHs advantage poked. I see these dropping away significantly. I wouldn't like to put a guess on the bottom, but like everyone, I'll be putting some money on it when it feels right.
    I remember when the spectre of tariffs on Mexico were first raised a couple of years ago, discussion around swapping FPH exports from Mexico factories to the US, being swapped with FPH exports from NZ plant to the EU. They have options if felt necessary.

  4. #1054
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    Yup, from memory the sp dropped to about $8 as investors didn't believe the story that it wouldn't damage profits much.

    This is different of course, because trump suggested that it will be lifted. So im expecting a slower, longer, but shallower decline of the sp this time around.

    The big question is how much personal business interest the next US leaders have in Mexico when they get in (in 2020?).

    I'll be looking to make a few bucks on this one. I like gambling when the worst case scenario is being stuck with over priced shares in a decent dividend paying growth company.

  5. #1055
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    Wow back up to $6.20. This thing is a machine

  6. #1056
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    Quote Originally Posted by share4eva View Post
    Wow back up to $6.20. This thing is a machine
    Jeez - you might give some holders a pretty rough wake up call.

    I suppose you mean $16.20?
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  7. #1057
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    Now $16.44. MACHINE!!!

  8. #1058
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    Quote Originally Posted by share4eva View Post
    Now $16.44. MACHINE!!!
    Lofty heights.Lucky Eva

  9. #1059
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    Quote Originally Posted by kiora View Post
    Lofty heights.Lucky Eva
    Now $16.57. Look out $20!!!!

  10. #1060
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    Quote Originally Posted by share4eva View Post
    Now $16.57. Look out $20!!!!
    Steady Eva.Its not today;s price that is important,its the price in 10-20 years when you wish to sell some.Today;s price is irrelevant.

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