Forum Archive Index - August 2000

["graham perkins" <f_uker@hotmail.com>]

Nick,

I have a friend whos father owns an abattior he has been telling me that 
they have had alot more live stock passing through in recent months and 
things are going well for them.

This stock has been as high as $1.20 in the good times.

Cheers

>From: "nick" <acummin@es.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: [sharechat] Wrightsons, ignore the analysts and listen to the 
>farmers.
>Date: Sun, 20 Aug 2000 17:19:03 +1200
>
>        The sunday star times reports that many analysts are still unsure 
>about wrightsons.
>  Sitting in their offices or huddled over their cellphones outside a 
>winebar what do
>these characters really know about what is happening in New Zealand?
>                 My partners family consist of generations of farmers 
>spread throughout the
>south island, they are far more tuned in to events than some spotty faced 
>analyst
>just out of school.
>      For years all these relatives have done is complain (like all 
>farmers) Recently
>however they have become noticably more cheerful, on a recent visit to
>one of their farms near ashburton i noticed plenty of new machinery etc.
>      The analysts will slowly latch on that their is real change down on 
>the farm,
>however by then share prices will of risen that much higher, the farmers
>on the other hand already know that the good times are back and have been
>spending up big with the agricultural suppliers.
>        Number crunching is all very well but often a positive feelgood 
>factor
>is more important, The agricultural stocks are a prime example of this
>
>  nick
>
>
>

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