Top NZ "brand" food producer.
Strong balance sheet.
Ratios are modest,and dividend yield is attractive.
Chicken consumption is growing.
Room for export growth.
Stable earner for long term investors.
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Room for export growth. ???????????
We import food stocks..
The exporting food stock Countries have an immediate advantage.
Internal growth may come from the increasing. Butter Chicken Market..
But. " They " usually want everything for nothing..
Again... Not for me perc !!
I don't mean to get all excited or go on the offensive, but while we're at it, I thought we could take a look at Dick Smith's positives (at IPO):
One of the top retailers in Australasia.
Strong balance sheet.
Ratios are modest,and dividend yield is attractive.
Retail sales are growing.
Room for off shore growth.
Stable earner for long term investors.
I realize some of the things above could be 'hotly' debated, but I think my point is made... as always DYOR.
There is a difference in being the largest compared to the best. These guys are getting their arses handed to them in the Free Range market- unable to respond to pricing pressure and have overcapacity in supply. They are price takers in the majority of their product range
A bit of cognitive dissonance being demonstrated by some on this thread?
Good sign - 'iconic' only appears 4 times in the documents
That'll add a few cents to the final share price
Feltex still hold the record for the use of iconic - pumpkin patch pretty close 2nd