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ARL sitting at R234.00 and getting hammered on feed costs like every other chicken producer but at least th…by @franco_cape on $ARL

FR
Franco C.@franco_cape·MemberBearish

ARL sitting at R234.00 and getting hammered on feed costs like every other chicken producer but at least they've got decent retail distribution locked in. Problem is margin squeeze isn't going away anytime soon, rand weakness makes imported stuff expensive. Long term if they can push through to better volumes and hold market share, could be lekker but not buying here, waiting to see next quarterly numbers first.

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