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RCL's been hammered since the poultry oversupply mess last year, sitting at R8.10 with margins still under…by @swordfish_sa on $RCL

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swordfish@swordfish_sa·Bearish

RCL's been hammered since the poultry oversupply mess last year, sitting at R8.10 with margins still under pressure. The grain side keeps them afloat but it's not enough to offset chicken pricing collapsing. Reckon you need a two year view here, not a trade, but load-shedding keeps grinding food producers anyway.

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