Great post investor007. There has been quite a bit of takeover activity in the agricultural service business of late (NUF, WCB,as well as ABB to name a few), so your post gives a great means for comparisons.
The downgrades are mainly for the Southern Harvest and the present rains in NSW and Qld will mainly be beneficial for soil moisture and summer crops.
With the latest downgrade most of the bad news is out with probably only some writeoffs for the merchandising business and some writedowns on UMH acquisitions.
Great post investor007. There has been quite a bit of takeover...
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