@Aubrey Perera wrote:
Now since I got in to Gran. What ever appreciation TAFL has will have a positive impoact on Gran. So I'm happy . GL
What we are seeing now is stocks are adjusting according to the market situation. More stocks should adjust according to the market in the
coming weeks. Even in a major uptrend stocks will not go straight up.
There could be short term pause, minor volatility, pullbacks etc.
These types of things create opportunities. Value investors and
intelligent contrarian investors should not worry much about short
term stock prices, short term hiccups etc. They should worry about
future earnings, growth and future value etc.These stocks have more
legs. We can reasonably expect profitable period poultry in the future. December quarter and first half of next year could be expected strong results. Long term players should monitor progress
of companies during next 10 quarters. Asian consumer staples
especially meat and beverage stocks should outperform other stocks in
the coming years and decade. These days high selling pressure for some
stocks is a bullish sign. In some case we have to pay premium to buy
stocks. Otherwise we may miss the train.
Those days investors don’t like to keep protein in their portfolios.
This trend has reversed now. Globally they love these protein stocks.
Protein stocks have more legs even in overpriced global stock markets.