Forum Archive Index - June 2003

["tennyson@caverock.net.nz" <tennyson@caverock.net.nz>]

Hi Mick, 

> 
> Farmers' Mood Improves
> 12/06/2003 07:14 AM - Reuters
> 
><snip>
> 
> Attitudes to farm investment also improved. More than three-quarters
> of those surveyed said they would maintain or increase spending on
> land, stock or plant.
> 


Thanks for that Mick, and I left the last paragraph because I think that 
is the important one for investors in the rural servicing industries.   I 
believe the chances are looking better and better that those high 
dividend payouts from those rural servicing shares will be maintained.

I noticed WRI broke through $1.20 yesterday and the upward move is 
sticking.  Perhaps that will go some way to silencing the rural doubters 
on this forum.  Gross yield still over 14% even at $1.22!     Certainly a 
portfolio share that no income investor should be without I would have 
thought.

What was that price you were going to get back into Wrightson at 
Mick?

90c wasn't it ;-) ?

SNOOPY

happy to be on board, holding WRI







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