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3 comment(s). Last comment by DickyMe 2022-05-23 18:25
Posted by Tobby > 2022-05-23 15:58 | Report Abuse
Here's the thing! Government set the ceiling price for chicken! Last year, poultry can still survive with low profit! But thanks to Biden administration for starting war in Ukraine, the cost of feed which made up of corn and soya bean now already increased to 30% to 100%!
So tell me, if you chicken farmer, would you continue! Or just close shop to cut loss! Yeah, it's obvious really!
Unless government increase the ceiling price of chicken, say sayonara to your cheapest protein!
Then you say, so what! Can import frozen chicken! Yeah, frozen chicken are cheaper than local poultry! But for how long!
So guys, enjoy your chicken! And eggs! Soon, we too join the rest of the world eating toxic source of protein! You know, those processed meat stuff with unknown chemicals!
Posted by Tobby > 2022-05-23 16:02 | Report Abuse
We already experiencing hyperinflation and scarcity! What holding us is the RON95! If government force to float if like what Najib has done, removing subsidies, then we would once against screaming and shouting! And that also means, then end of PM Sabri administration! And end of Umno too!
Anyway, with 1.4 trillion national debt and increasing by 100 billion every year, i think sooner rather than later, we will join Sri Lanka!
Sorry guys, no positive news of late! Seems even the brightest sky fail to shine on gloom days ahead!
Posted by DickyMe > 2022-05-23 18:25 | Report Abuse
Sick and tired of same excuse of high feed cost. Better close shop loh! Why trouble yourself.
Now PM announce no need AP for food items, can import chicken from everywhere in South East countries, Chciken price will go down. Consumers happy, let local greedy farmers DIE!
No result.
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Axcapital's investment blog
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BFM Podcast
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CS Tan
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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....
Posted by Tobby > 2022-05-23 15:53 | Report Abuse
Reality!