chicken wont die, but stock market die... event got new plant operating, the chicken price so cheap, wont help much in the coming quarter.. sad to say so..
Simple calculation. Nov.2019 - Processed chicken - Rm5.50 Feb.2020 - Processed chicken - Rm6.90 Every Kg of chicken is Rm1.40 more as compared to Nov.2019 price.
Many places already see panic buying n stock up instant noodle and biscuit .Mflour will suddenly jump up when newspaper publish a photo that ppl are also panic buy eggs and flour !!! May be limit up leh ...kiki
Don't spread false info to people, karma will hit your ass. Live bird price falling to RM3.90 from RM4.80, how come process chick price up. Logic please.
I roughly estimate poultry side operation loss wider to RM20mil and flour side profit also around RM18-20mil.
Posted by Alistino G > Feb 6, 2020 9:53 PM | Report Abuse
Simple calculation. Nov.2019 - Processed chicken - Rm5.50 Feb.2020 - Processed chicken - Rm6.90 Every Kg of chicken is Rm1.40 more as compared to Nov.2019 price.
I agree with steve Ooi, 2 days ago i brought 1 set (30) of grade B egg only cost RM7.99 at Brillian shopping,compare 2 month ago it cost around RM10.50-11.00 per set.Does its means the demand for chicken & egg become slow down but supply still maintain at the higher level.If the fact is true,the estimation made by Steve Ooi may be realise in the coming quarter report.
Looking great! Hopefully coming QR will be in huge green profit Bought @ RM0.605 Technical chart- candlestick showing bullish dragonfly doji gonna hold until at least RM0.665
Jack888, The choice is yours. There are bearish and bullish traders. Buy or sell at the price you are comfortable. Do you in your judgement that the price would go lower, you decide. Happy trading.
多几天湖北的粮食短缺问题是非常非常的糟糕!中国可能要进口上千亿的粮食!!! Mflour Indonesia production will be in full production soon, profit from Indonesia will jump ! lumut integrated plant for sure in full production by third quarter. Simple calculation; profit from process chicken alone will b.....let say 1 bird profit 0.30 Sen ,full production will be 200000 x365 =73 million !!! This year Mflour profit will be very very very very geng !!! First TP 40% up!
Today closing 63 to 63.5 then engine start !!!! Now a day don't need follow foreign market becos us is election year n Dow will not crash before election, China will not let hongkong n Shanghai market crash also.
The big players want you to think, it is dead while they collect from you at Cheap Price. Stay calm, it can’t go any much lower if they do plan to suppress the price further.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
newbie4444
1,264 posts
Posted by newbie4444 > 2020-01-30 11:18 | Report Abuse
Coronavirus can kill human why not chicken?