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Quite right Louise !
Quotas will only last as long as the Public remain
comfortable.
Humans need frequent feeding, so if supplies run short,
all the rural political pressures in the EC will go straight down the drain
!
As far as F & M disease is concerned, we must not only
ensure that our borders are well policed, but we must also be ready to deal with
any outbreak if and when it occurs.
It is vital that our primary producers are technically
compenent, and well motivated to deal with any exotic
disease.
Smart move sending vets to UK to assist with the f&m
crisis!!!
Knowledge is power. It always has been.
Ceejay
----- Original Message -----
Sent: Thursday, March 22, 2001 5:22
PM
Subject: Re: RE: [sharechat] AFFCO
Just sit tight. They will go back up. Its just
uncertainty at the moment and that always makes for a reserved share
price. The CEO resignation is still hanging over, and naturally, there
are worries that foot and mouth will arive here. However, these
concerns will blow over, and the share price will be restored to its usual, or
higher levels. If foot and mouth does arrive here, it could be a
problem, but only short term. Affco processes meat, so a
temporary disruption to supply is all that can be feared. The media
always tends to dramatise things. In a few years, it will be nothing but
a distant memory. The share price reflects the investors claim to all
future earnings. Even if profability is impared this year, in the
future, after the crisis is subdued as it inevitibly will be, strong and
growing profablility will be achieved. I'd say the most likely course of
events from here will be that foot and mouth is subdued without reaching NZ,
and good meat prices (who cares about quotas, which may be lifted anyway)
along with neutralised fears will send the stock back up to where it
belongs. Perhaps the attention may even puch it a bit higher!!
Disc: Bought some the other day @38c.
The 18 year old Pro.
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