SHV select harvests limited

SHV vs Almond Price + a downgrade, page-7

  1. 3,053 Posts.
    lightbulb Created with Sketch. 2
    well Canaccord have downgraded their recommendation from buy to hold, so they probably wouldn't. But then they've also cut their price forecast to 7% above spot and are using a very generous 8.5% discount rate.

    I know that given your posting history on SHV, there's almost no news you would view as negative - however, as my charts show there has been a divergence between the almond price and SHV - and I think it has been driven by uninformed players buying SHV thinking 'it's fallen a long way so it must be cheap'.

    But SHV isn't cheap, it's >20% expensive relative to the almond price. Not only that, but as canaccord point out there are multiple reasons why the almond price will continue to trend down.
 
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(20min delay)
Last
$3.74
Change
-0.180(4.59%)
Mkt cap ! $531.4M
Open High Low Value Volume
$3.93 $3.93 $3.74 $1.935M 511.4K

Buyers (Bids)

No. Vol. Price($)
3 2630 $3.73
 

Sellers (Offers)

Price($) Vol. No.
$3.76 866 1
View Market Depth
Last trade - 16.10pm 18/07/2025 (20 minute delay) ?
SHV (ASX) Chart
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