JH1985

JH1985 | Joined since 2021-02-23

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2021-02-24 12:22 | Report Abuse

I suppose thats the risk you take as an investor. If the deal goes through and MFM has Tyson's market channels, supply to Macfoods etc etc it will be a Rm2-3 share, where got 90sen for you to buy that time... current price ie laughably low at below net asset value. Having said that I believe they have big plans for their new plant hence the aggressive targets, currently super underutilized!

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2021-02-23 12:46 | Report Abuse

Aminvest already put TP at 1.3x... sure will have some profit taking here and there plus global markets so bad this week, but have patience lah.