STTCOMP SHV FA long MC $588M Debt $58M SP $6.16 Select Harvests...

STTCOMP SHV FA long

MC $588M Debt $58M
SP $6.16

Select Harvests [Almonds Australia]

I doubt this company will go up 25% in the next few weeks but I do think the SP will improve by maybe 10% over the next couple of months.

Select Harvests reported last week that they are very happy with the crop which will soon be harvested. The main risk to an almond crop is frost... that risk has now passed.  SHV has been a beneficiary of the trade war by picking up Chinese customers which the US has lost. SHV is also building its value added product range which is also targeted at the Asian market.

Select Harvest presentation 22 FEB 2019