Are you investing or trading? Trader stay away, Investor jump in. I'm buying as much as I can get - with a 5 to 10 year view. I'm following a Ben Graham investment strategy, with influences from Buffett What I like: - Fundamentals are solid - They own their value chain (Not just chicken but also self-supply food) - Trends converge on chicken as cost-effective protein (Wealthy are less able to afford red meat, upcoming middle class can afford to upgrade from maize) - Good Management - They have invested in capacity which should come into production late this year / early next Investment is about getting a good business at a good price, letting it work for you (dividends) and profiting capital gain when the offer to buy is crazy. Here you've got all of these. The 10-15% lower income is loooong discounted in the price. Read Ben Graham's "The intelligent Investor" if in doubt.
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