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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
    Advanced Member Valuegrowth's Avatar
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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 08:10 PM.

  3. #3
    Advanced Member Valuegrowth's Avatar
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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

  4. #4
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    Default

    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
    Advanced Member Valuegrowth's Avatar
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    Default

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

  6. #6
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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
    Advanced Member Valuegrowth's Avatar
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    AT the end of the day Dow recovered from 565 point plunge and closed around 250 still down. But chicken related stocks such as SAFM and TSN defied the market trend. Both went up at the end of the day. May be it is time to look for some boring stocks globally.
    Last edited by Valuegrowth; 21-01-2016 at 08:36 PM.

  8. #8
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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

  9. #9
    Advanced Member Valuegrowth's Avatar
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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 08:17 PM. Reason: To adjust sentences.

  10. #10
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    Marketwinner did you buy any FRM ?? Good 4c out on Friday after the close imo.

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