RE:RE:2nd Quarter resultsConsidering the outlook given in Q 1, there are no real surprises here, save that this time the Magt adresses more the issue that they need to adress operational efficency and anything to do with Agriculture, things can change fast - one crop failure will fix surpluses fast.
In the intrem this stock will not go anywhere and as long as the dividend is safe, in our low instrest rate envioment, I consider this still a defensive stock.
See what happens tomorrow.