Forum Archive Index - February 2001

["Ian Kearney" <iank@ts.co.nz>]

I believe the rural revival goes well beyond the dairy industry . Both the
fine wool growers and the meat producers are having a good year , the best
for the last 5-6 years. Some of this will flow through to the rural
servicing companies. I considered both WRI and Reidfarmers a few months ago
, and decided on Reidfarmers as they has more stable management and a more
loyal customer base.
I put my money into Reid farmers, to date it would have been better into
WRI.

Ian
----- Original Message -----
From: <matdebat@fire-engine.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Tuesday, February 20, 2001 12:08 PM
Subject: [sharechat] WRI - reply


> I don't know a great deal about the company except that as service
> providers to the meat & wool industry (the less lucrative and exposed side
> of our agricultural industry) there earnings are somewhat limited.  The
> current upturn is based around the Dairy industry and both Kiwi and Anchor
> have there own farm service businesses to scoop the benefits of their
> increased payouts to suppliers.  I'd sell!
>
>
> This message has been Red Mailed. -- http://www.fire-engine.co.nz
>
>
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