MU
Rainbow Chicken (JSE: RBO)
Last traded- Open
- R5.33
- Prev Close
- R5.23
- Day High
- R5.34
- Day Low
- R5.05
Key statistics
| Market cap | R4.7B |
|---|---|
| P/E | 3.5 |
| EPS | N/A |
| Div yield | 11.52% |
| 52W high | R8.00 |
| 52W low | R4.76 |
| Volume | 85K |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 19 live member stances recorded by registered members on this page.
Filter:Ask about RBO
TR
NA
TH
BA
MU
TH
LE
JI
MP
NA
Naledi S.@newbie_naledi·MemberBullish
Grabbed some RBO at R6.57 because the dividend yield is sitting around 8% and poultry demand should stay decent despite the load shedding headaches hitting production costs.
JO
BA
Bayman@bayman_jse·Neutral
RBO sitting at R6.22 with that chicken demand staying put, but the margin pressure from feed costs keeps biting. Anyone holding through the cycle or waiting for a proper capitulation before jumping in?
EA
EasyStreet@easystreet_jse·MemberBullish
RBO trading at R6.19 is looking cheap relative to Oceana Group, which commands a premium on stronger margins and diversification across seafood. Rainbow's poultry exposure leaves it more exposed to feed cost swings, but the valuation gap suggests there's upside if management can
JI
jim4@jim_jse4·MemberBearish
RBO at R5.65 is still trading well below pre-2020 levels, and with poultry prices under pressure from imports and feed costs, the margin recovery story feels stretched. The dividend yield doesn't compensate for the structural headwinds in the local chicken market, so I'm sitting
NA
Naledi S.@newbie_naledi·MemberNeutral
RBO sitting at R5.90 with that chicken inflation pressure everywhere. Anyone else worried the margins are getting squeezed hard, or is the dividend yield still enough to justify holding through this cycle?
BU
BULLHAMMER@bullhammer_sa·MemberNeutral
SPENT LAST NIGHT ON RBO FINANCIALS, CHICKEN DEMAND AINT GOING NOWHERE!!
TR
trpine@trpine_patient·MemberNeutral
Been holding since the mid-R8s, not sweating it. Poultry demand hasn't gone anywhere, load-shedding just means higher costs for everyone in the space, not just RBO. Reckon this is noise, long-term view hasn't changed.
MU
mumu@mumu_data·Neutral
Been reading the latest interim results, feed costs still hammering margins
BA
Bayman@bayman_jse·Neutral
Chicken volumes are getting hammered by cheap imports and load-shedding costs eating the margins, ngl. At R5.37 I'm actually interested in the dip but need to see if they can hold input costs steady next quarter, otherwise this stays pinned here or goes lower. Been a solid dividend stock historically but can't ignore the headwinds right now.