Stop it you two. It's heading to the top of the loser board today.:ohmy:
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Stop it you two. It's heading to the top of the loser board today.:ohmy:
How much of their book is even related to ag sector?
Yeah noticed that winner some big drops in some of those auctions too.
You’ve got to think outside the obvious …it’s not really about whether they have ag clients but the bigger picture.
Dairy prices are one of the lead indicators for general levels of economic activity ….and as Jeff has often said Heartland’s fortunes are closely tied to GDP (and employment)
one of the most ‘accurate’ economic forecasting models I’ve seen is one run by an investment manager called his 3 C’s Model ……inputs are Commodity Prices, Climate (soil moisture deficit) and Currency. Things are going to be good when the grass grows and producers are getting good prices and currency is favourable……and vice versa ."?like you’ve probably heard about the drought induced recessions NZ has every now and again.
Conjecture over on HMY thread that Heartland might have to face up to a $5m hit on their Harmoney investment when June numbers come out
HMY share price down 40% since December 31st when Heartland last did a fair value number