But there are risks here. One would be that this period of higher inflation has worked its way into consumer expectations to the point that it will be to some degree self-perpetuating. Another would be that the tightness in the labor market won’t dissipate, with many of the people who left the workforce during the pandemic permanently on the sidelines.
For now, however, the big issue is that supply constraints haven’t gone away, and with the holidays approaching, the economy has entered the season of peak consumer demand. It won’t be until the first quarter, when demand for consumer goods is much lower, that supply constraints might ease. If inflation looked hot in October, just imagine what November and December might bring.
Failed rally a few months ago due to too many retail investors pilling on. The majority of retail has sold out according to my strategy. Expecting better revenues next quarter
I know that everyone here is disappointed because OFI is underperforming the market. I am pretty sad too. But we have to accept the fact that commodity prices (palm oil) will continue to inflate and thus it will weight heavily on food production and raw material costs. These are hard times.
However, optimistically speaking, inflation will probably come down around early Q4 2022
Sometimes i wonder....why good stocks never perform... Pensonic khind ofi fiamma all trading at such low PE.....good profits...excelent cash flow...but yet market just doesnt value them.....
Once palm oil goes down, OFI will recover. I have never sold a single share since last year, holding it tight. This company is primed for a strategic buy-out
They should've bought Oriental Foods instead of Cocoaland. No one buys Cocoaland's product anymore. Too sweet. OFI's super ring and crackers are delicious
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....