Thursday, May 21, 2009
GOLF IN DUBAI STEERS - 4 MONTHS LATER
Ok so here we are 4 months down the track with our steers we are following from January.Now for new comers it might be good to refresh by going to the original story first at
GOLF IN DUBAI ANYONE ?
Lets look at both the old and new paradigm :
January - Bought 360 kg Steers $691 -$1.91c/kg
Costs -Frt plus 16 weeks grass $77 (let alone any drench etc)
Now owe us 4 months later - $768
Market for 420 Kg (15kg wt gain/ mth)
hmm here is a challenge ?
Wodonga : 420kg @$1.85/Kg = $779
Armidale :420kg @ $1.56/Kg = $654
Remember we took them from Wodonga to Nth NSW,however big difference in price to cover frt.
So we HOLD for the production and more money.
Remember a Diligent KLR Marketer would have kept his money for better times back in January,however what if you only found out about KLR 4 months after the event of buying the weaners.
Sell 420 kg Steer $1.85 /kg - $777/hd
Buy 249 Kg Steer $1.65/kg - $411/hd
Less COG $204.74/hd (watch video to see details)
Profit $161.41 - 31 % ROC - 47% anualised
So there you go a 4th opportunity to turn the trade around & yet you can think - no options !!!
The idea is for you to learn the principles as there are a multitude of options and it shows there always opportunities to Sell Overpriced Animals and Buy Underpriced Animals.
This video is my first proper camtasia video, which has taken me weeks to learn how to use so I hope you love it.
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