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Here we are 6 months down the track with our "Golf in Dubai Steers" .I have spent a few hours trying to get both videos into one - maybe next month.
Not familiar with the details back in January go back and take a look at the post in January
Monday, January 19, 2009
GOLF IN DUBAI ANYONE ?
OK let's take a look :
BUY/SELL
January - Bought 360 kg Steers $691 -$1.91c/kg
Costs -Frt plus 24 weeks grass
Now owe us 5 months later - $210Market for 450 Kg (15kg wt gain/ mth)
Gunnadah: 450kg @$1.79 /Kg = $805
Remember we took them from Wodonga to Nth NSW.
So we HOLD for the production and more money.
Remember his goal was to sell in August at 480kg.
Breakeven price (no grass cost) $837 or $1.74 /kg
Breakeven price incl Grass @$2/wk $909 or $1.89/kg
SELL/BUY
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 5 months after the event of buying the weaners.
Sell 450 kg Steer $1.79 /kg - $805 /hd
Buy236 Kg Steer $1.85/kg - $436 /hd
Less COG $212 /hd or $0.99 /kg
COG (watch video to see details)
Profit $156 - 29 % Return on the Trade
ROC - 34 % Annualised
OK here is another video using the market report and spreadsheet.
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