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Stock Pick - 06 July 2010
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Yes its a chicken broiling company that I do fancy The share price is about R109-55 Basically I like the company because I believe that chicken in South Africa is a preferred source of protein number two I think the company is better positioned than what it was a year or so ago Why Because the main input cost to produce chicken is maize and the price of maize has come down substantially and probably could weaken further thereby increasing the margin of the company They are expanding into Zambia and thats quite exciting. For people that are looking for a nice dividend sweetener their dividend yield is about 6 point 5 percent Its not the most tradable counter but a nice investment to put away for the good dividend
Added on 06-07-2010 by bdfm
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Runtime: 1m20s | Views: 941 | Comments: 0

Tags:  Stock  Pick  06  July  2010 
Channels:  Summit TV 
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