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13-08-2018, 10:14 AM
#9901
Surely with the falling Kiwi the S P with atm should be climbing just as FPH has over the last few months !
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13-08-2018, 10:15 AM
#9902
Originally Posted by whatsup
Surely with the falling Kiwi the S P with atm should be climbing just as FPH has over the last few months !
Theres no currency gain when selling to the local Pak N Save.
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13-08-2018, 10:20 AM
#9903
Originally Posted by minimoke
Theres no currency gain when selling to the local Pak N Save.
But there is in China as ATM has to convert into the international currency of trade , the U S $ when returning funds back to N Z !!
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13-08-2018, 10:21 AM
#9904
Originally Posted by whatsup
But there is in China as ATM has to convert into the international currency of trade , the U S $ when returning funds back to N Z !!
There is that for sure. But some people are really excited its available locally. Not a lot of money to be made there.
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13-08-2018, 10:40 AM
#9905
Originally Posted by minimoke
Theres no currency gain when selling to the local Pak N Save.
Actually - there is. Greedy producers tend to increase local sales prices arguing that they could otherwise get more money for their product exporting it. Just wait and watch milk, cheese, butter, veges and fruit go up again. Been there, seen that.
The other benefit of this mechanism is that producers always forget to reduce local prices when the Kiwi dollar goes up again.
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
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13-08-2018, 01:56 PM
#9906
Member
ceo should tweet “am considering taking a2m private at $20. Funding secured”.
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13-08-2018, 02:16 PM
#9907
Member
Originally Posted by ohpark0119
ceo should tweet “am considering taking a2m private at $20. Funding secured”.
that was the iron man not iron woman. (no offence just a joke)
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13-08-2018, 08:33 PM
#9908
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13-08-2018, 08:45 PM
#9909
Originally Posted by longy
After a good climb... What an anti climax toward the end...
Driven out of ASX
Contagion seems to be a worry ....maybe worse to come 'AMP Capital's head of investment strategy, Shane Oliver, believes markets will be stressed for a while after the Turkish Lira plunge.'
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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13-08-2018, 09:06 PM
#9910
Last edited by see weed; 13-08-2018 at 09:15 PM.
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