FastSaying
Valuations are cheap relative to region.
Harry Su
Cheap
Region
Relative
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I don't think the sector is going to be attractive. Even the most optimistic investor is selling today.
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Banks are definitely in vogue at the moment because we are expecting rates to come down in the second half. So looking ahead, the lower interest rate environment is definitely going to be good for banks.
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It's clear we are trading cheap relative to the other exchanges. It doesn't tie in with our actual performance.
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This report tells people outside the agricultural sector what the relative pay of their region is.
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There is also a plentiful and cheap supply of apples in the region, together with well-equipped facilities, thanks to EU capital allowances paid into eastern European economies.
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