What organic, what natural stuff are you talking about?? A smart consumer will always look at the Nutrition Facts at the packaging for all relevant information, rather than the gimmick "organic", "natural".... bla, bla, bla Aren't all the products SQF certified?
Able's packaging design and packaging outlook are for public acceptance, not just to suit individual perception only.
With their financial strength, they can push the price A LOT lower to make even the calmest investor nervous. Panic selling is a big mistake. The best way is to buy & hold tight, DON'T look at the price fluctuations which will drive you crazy. If it gets really low, buy more at a greater discount. Never doubt your investment in a good company unless the fundamentals have changed.
every country will protect their food industry, setting up farm in Mexico and import it to USA is a bad idea. USA will protect their dairy industry by imposing import tax or something... unless that product is unique or not essential, like chocolate or rice
HY2022 results seem reasonable. I wonder why this company only publishes CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS plus some Notes to the Condensed Consolidated Statement of Cash Flows. Why not simply the complete cash flow statements?
Earnings should improve in the next result. Raw material prices have peaked and Mexican JV should start to contribute more by next year when health permit is approved for export by the end of this month.
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....
Posted by Barneybubu > 2021-12-28 23:43 | Report Abuse
The information on the disaggregation of revenue based on geographical region is summarised below:-
At a Point in Time
Africa - 77,472,123
Asia - 190,431,251
Central America - 80,057,780
Europe - 5,151,148
Malaysia - 148,564,256
Others - 583,166
Total - 502,259,724
(From annual report 2020)
So yes, their export sales is more significant. Cannot just judge their f&b products solely based on Malaysia market. But for sure, they focusing on low end market.