It is certainly a reassuring result......46 cents eps for a company trading at $2.20!!!
I really don't know what to believe however......they say all TIM orchards are being watered and are in decent health...
The Administrator said a while ago that SHV will not be paid for maintaining many TIM orchards, these are the ones I assume the Administrator wants to get rid of on the sly....
My view is that all orchards will stay Almond orchards....and SHV is the only person with the scale to provide orchards services.....
The margin and negotiating costs of getting to that stable position as business as usual could be massive however, since I understand with TIM, SHV was on 'a good wicket'....still I love SHV..eheh
SHV Price at posting:
$2.70 Sentiment: None Disclosure: Held
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