Just thought would start a new thread on anyone's latest thoughts.
SP seems to be treading water.
Sale of Drover to be wrapped up in coming months and related adjustments and pay off of debt.
All 4 ships are full steam on the high seas. Management did say all 4 were chartered until November so keen to see if all 4 still on the move in December.
According to reports the ASF disaster in China has not led to any real growth in live imports with chicken replacing pig meat mostly.
South America to Turkey is key and seems to be strong at the moment.
IMO a full year profit and the readjusted balance sheet would see a hike in SP so have thoughts on buying in.
What are people thinking or looking out for?
WLD Price at posting:
5.2¢ Sentiment: Buy Disclosure: Not Held
