Originally Posted by
Toddy
I thinks it because Seeka has learned it's lesson with giving financial forecast updates too early in the season.
Seeka had a shocker with fruit coolstore issues a couple of seasons ago. Not all costs could be passed back to growers on repack etc because they would lose too many supplier growers. And they also have a component of income dependent on the sales price of fruit in the market due to the leased orchards and managed orchard contracts.
It's best to play it safe and keep the market informed like they have, and release financial information when there is more certainty over storage, fruit in market sale and fruit loss data.