SEK - Seeka

[seaweed]

Just a little reminder SEK goes ex div tomorrow. You have to buy in before 5pm tonight to receive the 25c div. 

[lorraina]

Going from excellent posts on the other site, Kiwi Fruit Orchards came through the cyclone with little damage.

[Rawz]

SEK is heading for the NZX50 as per CEO Michael Franks.

Reckons as of today it would get in. Next review is June.

[seaweed]

SEK is heading for the NZX50 as per CEO Michael Franks.

Reckons as of today it would get in. Next review is June.

Shhh don't tell everybody yet. Was hoping to top up again. Went to the AGM and all sounding really positive, and what a friendly and happy bunch of people. They treat you like part of the family. I was very impressed with the video presentation of the auto sizing 8 lanes of kiwi fruit sorting into there different sizes then they are feed into about 20 roller lanes where packers put them into there boxes. But very soon those packers will be replaced by automation packing which could possibly run 24hours a day. Sounds like good growth to me.       

[bulltrap]

SEK is heading for the NZX50 as per CEO Michael Franks.

Reckons as of today it would get in. Next review is June.

There's a grain of truth there, in that SEK is a nose in front to take KMD's spot if it drops out.

The sticking point is whether KMD is actually likely to drop out, once all its new shares are issued.

Disc: Holding a bit of both

[Sideshow Bob]

NZX website right now says:

KMD 1.447 billion shares on issue (post cap raise) = $98.4m market cap

SEK 44.1 million shares on issue = $227.6m market cap

PLus another 413k shares issued today, which will increase the market cap.

Appreciate perhaps a bit of criteria around dropping out or being included.

Perhaps not a commentary about how good Seeka is going, but more how sh**e KMD is.......