SHV 0.00% $3.63 select harvests limited

Ann: Select Harvests Investor Day Presentation - 23 March 2017, page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 11,241 Posts.
    lightbulb Created with Sketch. 1900
    So from 28/2/17 when the half year results were announced we've gone a forecast crop of 16k MT to 16k MT give or take 250 MT and from a price of A$7.70/kg to between A$7.70 and A$8.00/kg.

    And the US crop from 2016 being 2.15b pounds with the 2017 crop being forecasted anywhere between 2b pounds and 2.3b pounds.

    So looks like a relatively flat almond price until we get a clearer picture of the expected size of the 2017 US crop.

    However, the forecasts seem optimistic considering the bloom period was one of the shorter ones in recent history, bee flight hours and productivity were at the low end and problems with rain, wind and low temperatures for about half of the bloom period.
 
watchlist Created with Sketch. Add SHV (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.