I'm keen to add some more, but certainly not while the share price seems to be accelerating downwards.
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I'm keen to add some more, but certainly not while the share price seems to be accelerating downwards.
and we got one and what a whopper it was
40% down was it ... a whopper
https://www.nzx.com/announcements/394189
SP don't appeared to have winked in fact added a bit
Then look at the SEK NTA : $ 5.71
(assuming NZX figures are correct)
Zeapri is happy, so I'm assuming Seeka will be too. https://www.nzherald.co.nz/nz/politi...2T27YWACDOFY4/
Kiwifruit returns not so juicy this year as rising costs and fruit quality issues bite
https://www.nzherald.co.nz/business/...IESSKLLPLTFZI/
Avocado's also coming off a poor year due to oversupply in the key Australian market and heading into a year where production is typically down because of the natural biennial fruit bearing cycle of avocados
Key bit from the article, downgrade coming?
Prices were holding in most markets but "at present the indications are that conventional fruit returns are likely to be at the bottom and possibly even below the ranges published in June".
Mathieson said prices were holding in most markets but cost increases in freight along with labour and the quality issues meant "this season's returns will be under pressure".