CGC costa group holdings limited

I had a good look at this when its SP fell a month or two ago.My...

  1. 3,690 Posts.
    lightbulb Created with Sketch. 348
    I had a good look at this when its SP fell a month or two ago.

    My concerns included its weighting to avocadoes. Consumption has been increasing since back in the day- but so has production. Economics 101. Production has tripled in little over a decade- and there is more production to come.

    CGC exports some of this produce but, the reality is, it can be grown more cheaply elsewhere- including New Zealand, South America and Indonesia. The industry cannot demand an end to imports.

    The thing for me is that I quite like avocadoes but I could only eat so many. They have been on sale at $1 each often enough that I cannot bring myself to pay much more for them.

    Good luck to all holders.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.