Is this a cyclical stock?
Or are PGW on a path to glory?
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Is this a cyclical stock?
Or are PGW on a path to glory?
God I love this company!
Stunning result whichever way one looks at it. Guidance upgrade as well :-)
Very happy holder.
people are dumping pgw shares given strong first half year result and fat dividend, must be something unusual.
Yes I think he means profit taking off earlier rises. It has dropped off a brief high in the mid 5s and represents a good return so he is buying more which makes sense to me, cheaper today and a div due.
Share price drop lately pretty brutal ....and down nearly 20% in last 6 weeks .... even after announcing record profit and a profit upgrade
Maybe this has something to do with it
Feds survey: Farmer confidence at lowest ebb since 2009
https://www.fedfarm.org.nz/FFPublic/...ince_2009.aspx