MGC mg unit trust
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Fonterra comments

  1. PointBreak5
    1,194 Posts.
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    26/05/16
    08:35
    Post #: 17869314
    • Says global dairy pricing will improve, as imports into major markets such as China are picking up
    *FONTERRA CEO SAYS LONG TERM FUNDAMENTALS FOR REMAIN POSITIVE
    *FONTERRA EXPECTS DAIRY PRICING TO GRADUALLY IMPROVE

    They are also complaining about a high nzd which is impacting farmgate payout.

    Main takeaway for me is the positive comments on China importing more.
    MGC Price at posting: $1.04 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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