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  1. #1
    Advanced Member Valuegrowth's Avatar
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    Default Sanderson Farms, Inc. (SAFM)

    Sanderson Farms has grown from a small general feed and seed business in 1947 to one of the nation's leading food corporations in fiscal 2014 and is listed on NASDAQ under the symbol SAFM.

    It is the 3rd largest poultry producer in the United States. Its prepared chicken product line includes institutional and consumer packaged partially cooked or marinated chicken items for distributors and food service establishments. It has export market as well.

    After its correction during months of September, October and November 2015, it is appreciating again and trading around 81.39.

    Can we expect breaking its 52 week high (87.40)?

    Another company in the same industry (TSN) is trading around 53.94 closer to its 52 week high (54.42).

    These companies are benefiting from falling grain prices now.

    Could it be year for consumer staples especially for tasty food stocks in 2016?

    http://seekingalpha.com/article/3773...mmodity-prices

  2. #2
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    Global markets tanked yesterday but SAFM is resilient. It is up by more than 1% on huge volume.

    http://www.nasdaq.com/symbol/safm

    Sanderson Farms, Inc. Stock Quote & Summary Data

    $76.4


    *

    1.23
    1.64%

    *Delayed - data as of Jan. 6, 2016 -
    Last edited by Valuegrowth; 07-01-2016 at 09:10 PM.

  3. #3
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    It is a rock and resilient in this volatile market situation. It is time to identify attractive chicken stocks globally.

    http://seekingalpha.com/article/3809...is-playing-out

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    Quote Originally Posted by MARKETWINNER View Post
    It is a rock and resilient in this volatile market situation. It is time to identify attractive chicken stocks globally.

    http://seekingalpha.com/article/3809...is-playing-out
    FRM.ax. Disc : Long

  5. #5
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    Default

    Thanks. Thanks. Some fire sales in global markets may open up some opportunity for long term investors.

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    Quote Originally Posted by stoploss View Post
    FRM.ax. Disc : Long
    On Friday SAFM shares fell due to speculation on reappearance of bird flu in the USA. France is also having bird flu. There is a new Bird-Flu Case has reported in Indiana. Other regional poultry producers in Asia Pacific region will become winners. Shares of other poultry processors in the USA also fell sharply on Friday partly due to fear that the Indiana case could lead foreign countries to maintain bans on imports of U.S. chicken.

    I found FRM.ax exports its products to Asia as well.

  7. #7
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    Quote Originally Posted by stoploss View Post
    FRM.ax. Disc : Long
    Looks like the Golden Arches helping push up egg demand ....
    http://www.stuff.co.nz/business/7626...alds-breakfast

  8. #8
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    Quote Originally Posted by stoploss View Post
    Looks like the Golden Arches helping push up egg demand ....
    http://www.stuff.co.nz/business/7626...alds-breakfast
    Chicken and eggs are cheaper than other meat and fish. Quality healthy consumers will go behind chicken and egg menu rather than other unhealthy menu in the coming years.

    Thank you for the link. It is going to be chicken year again. Investors are getting interested on poultry related stocks again. Hopefully, we may see breaking of 52 weeks high for some poultry stocks. I will update them later.
    Last edited by Valuegrowth; 27-01-2016 at 09:17 PM. Reason: To adjust sentences.

  9. #9
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    Quote Originally Posted by stoploss View Post
    FRM.ax. Disc : Long

    It reported new 52 weeks high. Isn’t it? There could be more stocks in this type in almost all types of markets such as developed, emerging and frontier markets which can break their 52 weeks high and all time high.

    Market had sell-off and volatility but some stocks were bucking the trend. One by one, they have begun to outperform the market. Based on the earning outlook and industry outlook we could expect positive outlook for poultry sector in 2016/17. In addition, the poultry market outlook over the next decade remains mostly positive.

    This is one area where investors can get higher returns in the coming ten years.

    Two main factors on the demand side are growing population and increased protein consumption in diets worldwide. Supply sides will strength through lower feed costs. By 2024, an additional 26 million metric tons of poultry will be produced worldwide.
    Last edited by Valuegrowth; 16-02-2016 at 09:16 PM. Reason: To adjust sentences.

  10. #10
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    Quote Originally Posted by MARKETWINNER View Post
    It reported new 52 weeks high. Isn’t it? There could be more stocks in this type in almost all types of markets such as developed, emerging and frontier markets which can break their 52 weeks high and all time high.

    Market had sell-off and volatility but some stocks were bucking the trend. One by one, they have begun to outperform the market. Based on the earning outlook and industry outlook we could expect positive outlook for poultry sector in 2016/17. In addition, the poultry market outlook over the next decade remains mostly positive.


    This is one area where investors can get higher returns in the coming ten years.

    Two main factors on the demand side are growing population and increased protein consumption in diets worldwide. Supply sides will strength through lower feed costs. By 2024, an additional 26 million metric tons of poultry will be produced worldwide.
    HI MW , FRM hit AUD $ 2.10 on 03/02/16 ...... been down to I think $1.53 since , now on the way back up .... few broken eggs along the way but I'm still in for the ride looking for $ 2.50

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