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Re: [sharechat] Why Wrightsons are a buy


From: "nick" <acummin@es.co.nz>
Date: Mon, 31 Jul 2000 05:33:43 +1200


         Todays herald is full of good news stories
for farming. The rural economy seems to be very bouyant
and optimistic and this would appear to be starting to flow through
to the rural delivery companys.    Wrightsons look like a stock which is
going to steadily creep up in price with little downside risk in the near
future

     From the herald

     Some of the farmers' optimism is spreading into the wider economy.
Williams & Kettle stock agency chief executive Gerald Weenik said though
farmers were not rushing to buy big-ticket items such as cars and whiteware,
there had been a steady demand for farming goods.

Wrightson general manager for sales Stuart Cooper said one of the best
features was happier farmers. "Good weather and lots of feed takes the
pressure off."

 nick





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