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Recency bias or something more sinister in your motive. Who...

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Dr.Who

4,679 Posts.

145

12/01/20

20:50

Post #: 42342527
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Originally posted by SimonGr: ↑

CGCs ludicrous investment decisions continue to reap rewards for Australian consumers!

Raspberries $2.50/punnet and Blueberries/Stawberries $2.00 at Woolies. I can’t remember raspberries ever being s9 cheap ... although $2 now seems the norm for Blueberries/Strawberries. Anyone who thought a turnaround was nigh better think again.

Tomatoes and avos still cheap too! Although the now perceived higher quality field grown tomatoes of CGCs competitors are now attracting a 35% premium to the glut of CGCs chemical factory hydroponic truss ones.

IMO, two boxes of mushrooms sold and a Woolies grocery manager slow to put out a new box ... that’s no endorsement of CGC. Good chance of a Jan downgrade IMO, (5? In a row?).

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Recency bias or something more sinister in your motive. Who knows!

CGC Price at posting: $2.53 Sentiment: Buy Disclosure: Held
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