Wellard expand too fast, good for long term but bad for short term, they invest around 200M this year include two pre-export facility, abattoir upgrade, Ocean Shearer and initial investment of Ocean Kelpie, JV in China and brazil expansion.
It will bring benefit in long run but increase risk in short term especially when cattle price is record high in Australia. Just wait couple of days until final results being released.
is morgans wrong?, page-7
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
