Frank's didn't know the latest forecast when the interim was released.
Slight El nino compared to two years of rain is positive for sure.
Strongest in 80 years would be disastrous for NZ inc.
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Frank's didn't know the latest forecast when the interim was released.
Slight El nino compared to two years of rain is positive for sure.
Strongest in 80 years would be disastrous for NZ inc.
under $2 soon ?
I can't really see it going to much lower. It represents great value at these levels if you can stick the shares in the bottom drawer for the next couple of years.
There was more in today's Herald about record breaking weather about to set in.
Records for all of the wrong reasons.
Blackpeter. I'm not sure drawing a correlation between droughts and the profitability of an Agi Industry Company would give you consistent outcomes.
Look, I notice that some people just love to cover everything with black sludge, no matter what the data. Maybe bull found a partner for his hobby? Congratulations!
If however you try to do some relevant analysis, than I'd recomend you find out under which conditions Kiwi fruit grow best ... and then you check, whether the orchards Seeka is dependant on comply with these conditions. Hint: Kiwifruit don't like frost during flowering, they don't like hail or extreme wind (as most other plants as well) but they do like sunshine if it comes with sufficient water (ideally not as too much rain). So, yes, not too much to do against hail and frost (though unlikely when hot) - other than regional diversification, for wind you can plant shelterbelts - and irrigation is essential (not just in extremely dry years).
Actually - I did this check (re irrigation) some years ago for Seekas Australian orchards, and over there I found out that they are 100% irrigated and have sufficient water reserves.
I haven't done it for NZ, but I assume that most of the orchards here do have shelterbelts and irrigation as well. Kiwifruit are - like grapevine - a very high value fruit, i.e. it would make absolutley no sense in not to invest into irrigation and protection.
So - here is an opportunity for you: Find out (like ask Seeka) and report back instead of keep doing what you obviously love to do (spread black sludge). We all love to see positive and constructive contributions.
Disclosure. I grow Kiwifruit and have Zespri, Eastpack and Seeka Shares.
Interesting - I didn't realize that they grow Kiwifruit in London, UK?
But anyway ... given that you now disclosed your expertise it should be easy for you to better qualify the risks and opportunities of the coming El Nino season and global warming in general for the industry:
What are the ideal growing conditions for Kiwi Fruit?
What risks do you see for the season (and I suppose given global warming many more seasons to come) given the predicted El Nino conditions?
What - in your view should companies like Seeka do to manage these risks (other than roll up their toe-nails)?
What opportunities do you see for the industry with increasing temperatures?
How do you explain that the two last El Nino seasons gave Seeka the best earnings in the last decade - and why do you think this season will be different?
Just out of interest - in which region do you grow your KiwiFruit? - am I right to assume its not in London, UK?
Discl: growing Kiwifruit as well :p (though admittedly not very successful on our mid Canterbury lifestyle block) ... and hold SEK;