Originally Posted by
RTM
I can't think of many reasons for the price to move up or down significantly.
The exchange rate going up is not going to be great for them.
Their markets must be in turmoil.....as is the world with COVID.....What prices might they be getting ? Can they move the volume ?
The dividend feels about right.
They will have incurred some extra costs through lockdown.
Volumes grown / harvested are only going to grow relatively slowly year on year.
Why would we expect a major move in price ?
The only thing I am scratching my head about a wee bit is the low PE....6.07 from DB. But maybe that reflects sluggish growth expectations ?
In short...I am not expecting major share price movement....just a solid and reasonably predictable stock...barring climatic disasters.
Happy to hold since early 2015