SHV 0.46% $4.32 select harvests limited

Almond Market Update, page-73

  1. Htk
    130 Posts.
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    Quick note on this Negative Growth you speak of:
    Firstly I'm assuming you are referring to results announced in 16 not 15?
    Secondly, they were never ever possibly going to have a higher profit than they did in the 15 results. This was due to the over inflated price of almonds. The price of almonds was $7-8 a kilo instead of $13-15. (Which is actually a good thing. As the price of Almonds is now a lot steadier instead of radical swings between $3-13).
    Their profit for 16 was exceptionally good and just because it wasn't as high as 15 does not make it a bad result. In fact their profit for 16 was higher than most predicted and showed how strong the fundamentals of SHV are.
    It was purely from downrampers and stock manips that were spruiking this "negative growth" doomsday bullshit that made some holders panic.
    I'm sure you know all this, and I'm sorry to rant but it makes me a little angry how big corporations can muck shares around so they win and we all lose!
 
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