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Farm Pride Foods Ltd.(ASX:FRM)
Farm Pride Foods Limited produces, processes, manufactures, and sells egg and egg products in Australia. It is another chicken related company listed in Australia. It is having some strength now despite having some volatility time to time. Its 52 weeks high is 2.10 and currently trading around 2.00.
Any thoughts about their strong performance in the market? Cheers
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http://hintsnewsnetwork.com/after-to...sitive/181470/
AFTER TODAY’S HUGE INCREASE, IS FARM PRIDE FOODS LTD.’S NEAR-TERM ANALYSIS POSITIVE?
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Looking good MW , traded to all time highs yesterday . Have been reports of egg shortages in Australia . FRM have some new Free Range farms coming on stream in the next quarter, being a higher margin product I believe this will keep propelling the shareprice .
Shareprice doing all the right things , looking forward to the profit release in August .
Hopefully well positioned as Percy says .
Disc : Holding
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FRM continues to charge new highs today $ 2.31 ........
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Finally, it is reaching towards higher P/E area now due to demand. It is trading above the P/E ratio of 20.
http://www.engelwooddaily.com/farm-p...k-high/398845/
Farm Pride Foods Ltd. Can’t Burn Your Long Portfolio. Just Reaches 52-Week High
Chicken and eggs are beating broader market. Yesterday it was a chicken and egg day for the USA market. Even a weak sister in the group rose by more than 6% on a large volume. There are outstanding well managed poultry companies globally from the USA to Small frontier markets in Asia.
Originally Posted by stoploss
FRM continues to charge new highs today $ 2.31 ........
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Originally Posted by MARKETWINNER
Finally, it is reaching towards higher P/E area now due to demand. It is trading above the P/E ratio of 20.
http://www.engelwooddaily.com/farm-p...k-high/398845/
Farm Pride Foods Ltd. Can’t Burn Your Long Portfolio. Just Reaches 52-Week High
Chicken and eggs are beating broader market. Yesterday it was a chicken and egg day for the USA market. Even a weak sister in the group rose by more than 6% on a large volume. There are outstanding well managed poultry companies globally from the USA to Small frontier markets in Asia.
Some institutional sponsorship with the Boat Fund putting it in their portfolio circa $ 1.80 .
Word on the street another fund been accumulating ..... So no surprise a weekly closing high today . Looks to be pretty tightly held , so looking forward to the August update .
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Originally Posted by stoploss
Some institutional sponsorship with the Boat Fund putting it in their portfolio circa $ 1.80 .
Word on the street another fund been accumulating ..... So no surprise a weekly closing high today . Looks to be pretty tightly held , so looking forward to the August update .
https://www.livewiremarkets.com/wires/32396
Current price $ 2.60
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Originally Posted by stoploss
Global investors appear to be regaining their appetite for poultry related stocks. They are having renewed interest in all types of markets such as large and small markets. There is a great demand for protein products in the Asian and pacific region. In addition, poultry operators are having advantage of buying feed stocks at cheaper rates thanks to low commodity prices. Further, higher record grain harvest (inventory) is boon for them. Global chicken stocks have more legs.
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