BAP may long term be a good company to invest in but I'm concerned about what at a quick read seems over exposure to the tiny NZ market with its smaller than Queensland population and over-reliance on dairy exports (a goodly portion which are to mainland China, and hence subject to the whims of the totalitarian CCP) plus international tourism (that has suffered and is suffering badly from lack of visitation).
NZ lacks the wide range of economic activity seen in Australia, has limited mineral wealth compared to us and a very business-unfriendly far left socialist government. Not a great business environment!
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