When you look at competitive advantage, you really need to look at the US rather than Olam. Its the world price that determines the return to SHV.
While we have the minerals boom and the $A remains above the $US we remain at a huge disadvantage to the US. Their farm wages are half of what Australias are, on top of which we also have the super levy. Thats when you can get the labour on the farm.
Transport, machinery, mechanical repairs, etc are all more costly here than in the US.
Let alone mentioning interest rate comparisons.
Thats all manageable when our dollar equalled 60c US, but at present levels, I cannot see them competing profitably.
I will be staying out until I can see some prospect of improvement in the exchange rate.
- Forums
- ASX - By Stock
- SHV
- colonization and takeover
colonization and takeover, page-37
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Exceptional lithium assays uncovered at Falcon Lake – expanding mineralisation, big potential ahead
NEWS
First paediatric clinical site activated – major recruitment milestone and key appointment announced
Add SHV (ASX) to my watchlist
|
|||||
Last
$4.19 |
Change
0.080(1.95%) |
Mkt cap ! $507.2M |
Open | High | Low | Value | Volume |
$4.10 | $4.22 | $4.10 | $294.1K | 70.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 903 | $4.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.20 | 1668 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 903 | 4.150 |
2 | 903 | 4.140 |
2 | 845 | 4.130 |
1 | 121 | 4.120 |
1 | 121 | 4.110 |
Price($) | Vol. | No. |
---|---|---|
4.200 | 1668 | 2 |
4.210 | 782 | 1 |
4.220 | 121 | 1 |
4.230 | 121 | 1 |
4.240 | 131 | 1 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
SHV (ASX) Chart |