The best is yet to come?, page-7

  1. 1,341 Posts.
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    Call me pragmatic but wouldn't we be better keeping the lovely cows and slaughtering the Attorneys, Investment Bankers, ACCC and ASIC?

    Whatever the outcomes, the farmers will lose.

    The $56 billion civil suit against BHP has much more chance of success and the market has barely factored anything into the current share price.

    I look at the graph for world dairy prices and it feels like I'm reading the mind of MG management. Sales on some products didn't achieve budget but sales to China of adult milk powder compensated in the 1st half of 2016.

    www.globaldairytrade.info/en/product-results/whole-milk-powder/

    Then came the start of 2016 calendar year. Commodities and EMs crashed. Dairy product demand wavered and then AUD hit 78c. Then came the 2nd profit downgrade.

    AUD now under 73c. Could there possibly be any other good news coming?
 
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