Seems like a big problem given some of the mentioned issues are not one-off i.e.
- currency (AUD/USD did rise but not that much, plus they should have been mostly hedged .... so I don't accept this reason)
- higher orchard lease costs (this is a permanent cost, so problemantic)
- higher energy prices (permanent problem)
- increased harvest costs (not sure what this is?)
- one off costs with Jubilee Orchards (OK this is fair, how much could this be though? Say $3-4m as a guess?)
The remainder would have to be the weaker quality product but these guys should still be profitable at A$7.40-7.50/kg pool price given it is suppose to be the 2nd largest crop in the company's history?
News: SHV Select Harvests expects FY2017 NPAT between A$7.5 mln to A$8.5 mln, page-16
Add SHV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.66 |
Change
0.000(0.00%) |
Mkt cap ! $520.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31 | $3.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.48 | 31 | 1 |
View Market Depth
| Last trade - 10.03am 19/11/2024 (20 minute delay) ? |
| SHV (ASX) Chart |
Day chart unavailable