Another day, another record for the market. Again its the usual suspects for the stocks that lifted the market ... the ones that have consolidated the market above 5,000 points. |
As is often the case with these things the devil is in the details, and when we dug into some of the divisional performances we did see some weakness. |
I think there's a much more cautious tone around the whole market. |
It had a dramatic effect in the commodities market. |
It's not surprising (that) we haven't seen an enormous movement in the share price. The company is much bigger than just Kerry and the market has certainly demonstrated that in the way it's reacted. |
It's the first day this week that we haven't broken record highs. |
It's the same old stalwarts that drove the market in 2005 and have kicked off the year for 2006. |
Strategically that might be a necessary thing to achieve some of the regulatory change and other things that you need to do to turn the business around in the much longer term, |
Telstra is certainly accentuating the falls based on its magnitude in the index. |
The [mainland] economy is growing at such a rate that any interest rate rise is just trimming around the edges. The reality is that supply of commodities is tight and demand is strong world wide. |
The report was always going to be a disappointment because iron ore accounts for 40-50% of earnings. |
This is an absolute vote of confidence by the market in James? ability to run the ship in the absence of his father. The company is much bigger than just Kerry, and the market has certainly demonstrated that in the way it?s reacted. |
This remains our major concern. The decline in business revenue looks like it has continued to accelerate. |