Why are you so fussy about the almond price? It just up-down-up-down, and repeat itself. Every agri business has this risk.
When almond price is high, the value of the business is high, it's the time to sell.
When almond price is low, the value of the business is low, it's time to buy. I think now is the time to buy, I don't know how low the price will reach, but consider the demand is still there, and competitor is still in water and bee trouble. I think SHV can still make a reasonable profit from its almond. And at the current sp, Shv might be the safest agri stock in asx.
Ann: SHV Investor Day Presentation 7 April 2016-SHV.AX, page-34
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Last
$4.06 |
Change
0.070(1.75%) |
Mkt cap ! $492.1M | |||
| Open | High | Low | Value | Volume |
| $3.99 | $4.08 | $3.98 | $999.4K | 247.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 5255 | $4.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.07 | 488 | 13 |
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| Last trade - 14.12pm 27/08/2024 (20 minute delay) ? |
| SHV (ASX) Chart |