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Thread: NZ Merino

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  1. #1
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    NZMC is quite interesting, further opinion on the balance sheet would be appreciated. I like the company.

  2. #2
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    Quote Originally Posted by surfnturf View Post
    NZMC is quite interesting, further opinion on the balance sheet would be appreciated. I like the company.

    The 2020 report is a nicely presented clear Financial window into the company

    Enjoyable reading & not a lot to not like about NZ Merino IMO

    Up to 2020 year - smallish on good turnover but sound, paying down it's debt.

    Probably a bit illiquid as to be expected on USX, but that's about it

    A shame that USX has such limited audience / accessibility as companies like this
    may be attractive to a wider audience.. and could ideally attract better pricing ratings like elsewhere

  3. #3
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    Quote Originally Posted by nztx View Post
    The 2020 report is a nicely presented clear Financial window into the company

    Enjoyable reading & not a lot to not like about NZ Merino IMO

    Up to 2020 year - smallish on good turnover but sound, paying down it's debt.

    Probably a bit illiquid as to be expected on USX, but that's about it

    A shame that USX has such limited audience / accessibility as companies like this
    may be attractive to a wider audience.. and could ideally attract better pricing ratings like elsewhere
    "not a lot to not like " double negative, should read , "a lot to like "! please.

  4. #4
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    Quote Originally Posted by whatsup View Post
    "not a lot to not like " double negative, should read , "a lot to like "! please.
    There may not be 'a lot to like' though. Equally there may not be a lot to dislike (not like). Double negatives can sometimes be used for effect.
    Last edited by fungus pudding; 31-08-2021 at 11:53 AM.

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