Come on, it's not that bad. It's pretty much in-line with my expectations. It only looks bad if you were living in la la land and expecting that somehow Almond price drops wouldn't effect a company who deals in Almonds.
Clearly we can see the leverage to the Almond price now.
There was some good news in there though - some really good news. We just need to remind ourselves that SHV is a price taker, and the price on offer ain't that slick!
Ann: SHV Results Presentation 30 June 2016-SHV.AX, page-4
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