Defensive & yet good potential, thumbs up to WealthWizard!
----------------------------- WealthWizard I hope to share a company that is defensive in nature (basic food business) & yet possess potential & capacity to grow. 27/03/2017 19:31
VenFx, thanks for your response but my question is more toward what is the impact to consumer confidence to eat poultry if H5N1 become big issue. Does it impact the revenue/profit of CAB?
No mood to read yet, but well written, keep it up.
Feed prices has been increasing in the last few months. But it doesn't matter.
In Abdullah's time, farmers were given subsidy to prevent price hike. Najib cancelled it (along with every other subsidies and charge everyone 6% instead, how sad). Now farmers are charged with 6% extra for feed. Most smaller farmers are dead. Plus Thailand has problems (no water, no raw material) these few years (and getting severe), so less/no smuggling.
Anyway, we are seeing consolidation in the chicken market is done, and it is a producer's market now.
Those who spotted CAB are really champions, congratulations! You read the market with numbers. Geng!
Thanks, Joe79, the company has registered increase in assets in last 2 quarters, guess they are expanding internally, but no details can be found in the news or quarterly reports.
Hi all, I am a beginner here. Wondering if i could still buy at current price? And will the price still shoot up when the author part 3 coming out? Thanks
Being too long not seeing WealthWizard . Miss his sector analytical sharing.
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Posted by musangfoxking > 2017-03-27 19:49 | Report Abuse
1047 days to maturity!Quik Quik buy warrant!!!