I am no expert, but surely this 'analysis' from Peter Switzer on the nabtrade site is defective as he doesn't understand the profits GNC is making at present with the huge harvest, as 'HC' investors like NBC above have explained:'...Elders (ELD) up 28.8%, GrainCorp (GNC) up 16% and United Malt Group (UMG) up 12.1% are all liked by analysts, but I worry about agriculture companies with drought and floods always a threat to investing success.
Then there can be worldwide gluts. Keeping tabs on this kind of stuff is hard. They are there for the thrill-seekers and while the weather forecasts look good for rain, as we can see in Northern NSW right now, the storms are washing away the beach at Byron Bay!...'
For the record, I and many other GNC holders are not 'thrill seekers': we try to analyse companies as best we can. GNC seems in a good spot at present.
I am no expert, but surely this 'analysis' from Peter Switzer on...
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Last
$7.59 |
Change
0.040(0.53%) |
Mkt cap ! $1.678B | |||
| Open | High | Low | Value | Volume |
| $7.55 | $7.60 | $7.50 | $688.0K | 91.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1293 | $7.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.60 | 3561 | 6 |
View Market Depth
| Last trade - 10.01am 31/07/2025 (20 minute delay) ? |
| GNC (ASX) Chart |