Registered Members Login:
   
Forgotten Your Details? Click Here To Recover +
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register >

4 Pages (Click to Jump) V  < 1 2 3 4 >   
 
  
Reply to this topic

What happened to Flower?
cooderman
post Posted: Jul 11 2016, 09:20 AM
  Quote Post


Posts: 1,342
Thanks: 464


In Reply To: nipper's post @ Jul 11 2016, 08:39 AM

WNR had a big breakout of channel on Thursday on big vol. No trades on Friday and worth watching to see if it pulls back to top of channel this week. Seems to trade on small volume and may take time to accumulate a few.

How do you open a thread on WNR ? As the chart looks OK.

 
arty
post Posted: Jul 11 2016, 09:10 AM
  Quote Post


Posts: 13,078
Thanks: 3381


In Reply To: nipper's post @ Jul 11 2016, 08:21 AM

When Flower and I visited TradeTech's seminars together, he was pushing 70.
That was 1999 - 2001.



--------------------
I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)
 
nipper
post Posted: Jul 11 2016, 08:39 AM
  Quote Post


Posts: 6,202
Thanks: 2199


In Reply To: cooderman's post @ Jul 11 2016, 08:30 AM

In a perfect world
Post
QUOTE
Wingara Ag (ASX:WNR): Strategy Starting To Play Out
A few months ago we introduced you to Wingara Ag (ASX:WNR) - the emerging exporter of Australian oaten hay to China, Japan and South Korea. Yesterday Wingara announced the acquisition of an additional nearby processing facility - Pyrenees Hay Processing Co-Operative Ltd (PHPC).

This acquisition is significant for a number of reasons, not the least because it marks the beginning of Wingara's ambitious growth strategy in the export hay market. Firstly, the acquisition increases Wingara's production capacity from 50,000MT per annum to 90,000MT, with additional investment expected to expand capacity to 110,000MT over the medium term.

Secondly, it improves the company's security over supply estimated at an additional 40,000MT from the existing PHPC database. Since the acquired plant is located approximately 100km from the existing Wingara facility the hay can be processed at either location, providing improved efficiency as well as an alternative option given downtime at one of the plants. We also expect the cost savings from the acquired plant to be significant and note that Wingara management already have a demonstrated track record of improving the profitability of these types of businesses.

The export oaten hay market is attractive. China's dairy industry is growing and they are increasingly turning to Australian hay to feed their herds. The Middle East is now a large importer of fodder as they no longer grow their own due to serious water shortages (hay is up to 3x more water intensive than crops such as wheat, meaning more and more countries with water shortages will increasingly allocate their scarce resources to the latter while fodder will instead be imported). And the Australian dairy industry is experiencing difficult conditions meaning domestic hay prices and demand are likely to remain benign. Further opportunities for acquisitions and industry consolidation abound.

Wingara gave production guidance of 37,000-42,000MT of oaten hay for the coming year, right in line with our FY17 expectation for 40,000MT. That should equate to EBITDA of $3-$3.2m (ex acquisition related expenses) and looks attractive for a company in a net cash position, capped at $21m and with plenty of opportunities for growth.

Comment. There isn't even a Wingara WNR thread. C'mon Administrators!

Reply 1. Ripper find, mate

Reply 2: Small company. How are they going to grow?

Reply 3: Seasonal, and a commodity; what happens in a drought year. .....hence why analyse this way?

etc etc



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

Said 'Thanks' for this post: cooderman  
 
cooderman
post Posted: Jul 11 2016, 08:30 AM
  Quote Post


Posts: 1,342
Thanks: 464


In Reply To: nipper's post @ Jul 11 2016, 08:21 AM

QUOTE
& My interest is waning


Try and stick it out Nipper, I for one appreciate your posts. It is hard when you see only a few posts a day, and makes you think Flower

isn't the only one who got too old to put up with the banter.


Said 'Thanks' for this post: nipper  
 
nipper
post Posted: Jul 11 2016, 08:21 AM
  Quote Post


Posts: 6,202
Thanks: 2199


In Reply To: cooderman's post @ Jul 11 2016, 08:17 AM

Flower is quite old, I think.

& My interest is waning



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

Said 'Thanks' for this post: cooderman  
 
cooderman
post Posted: Jul 11 2016, 08:17 AM
  Quote Post


Posts: 1,342
Thanks: 464


In Reply To: marketwinner's post @ Jul 9 2016, 07:45 PM

It seems not only Flower has disappeared from Sharescene ... Nipper and E B are the only ones who post Daily. Hope they can keep

the forum alive.

 


marketwinner
post Posted: Jul 9 2016, 07:45 PM
  Quote Post


Posts: 431
Thanks: 36


In Reply To: mullokintyre's post @ Sep 1 2015, 01:25 PM

Hello Flower

What happened to you? Why are you so silent now?

 
mullokintyre
post Posted: Sep 1 2015, 01:25 PM
  Quote Post


Posts: 1,898
Thanks: 727


In Reply To: flower's post @ Sep 1 2015, 11:45 AM

Welcome back Flower, as I said, good to see the old bugger has not carked it. laugh.gif

Mick



--------------------
sent from my Olivetti Typewriter.

Said 'Thanks' for this post: flower  
 
flower
post Posted: Sep 1 2015, 11:45 AM
  Quote Post


Posts: 12,991
Thanks: 1105


In Reply To: mullokintyre's post @ Jul 6 2015, 09:26 AM

QUOTE
Arty, do you know if the floral one is off to the motherland??
Been very quiet of late.
Hope the ole bugger hasn't carked it.


M: Correct assumption about the motherland, have returned but aiming to stay quiet, watching oil and gold very closely.



--------------------
Combining Fundamental comments with Fundamental charts.
 
arty
post Posted: Jul 6 2015, 03:33 PM
  Quote Post


Posts: 13,078
Thanks: 3381


In Reply To: mullokintyre's post @ Jul 6 2015, 09:26 AM

As far as I can find, nobody died in Cowaramup during the last 30days.
So, it's most likely that Flower has flown to the Old Dart to escape the cold, wet winter and enjoy some balmy summer days in what the Brits call a "30 centigrade heat wave" lmaosmiley.gif
He could also have tried to catch a glimpse of Princess Charlotte, who I believe has been christened this weekend.



--------------------
I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)

Said 'Thanks' for this post: mullokintyre  
 
 


4 Pages (Click to Jump) V  < 1 2 3 4 >

Back To Top Of Page
Reply to this topic


You agree through the use of ShareCafe, that you understand and accept the TERMS OF USE.


TERMS OF USE  -  CONTACT ADMIN  -  ADVERTISING