Poor ol' Warren, has been consistently right! - I am not here to debate his record haha
To answer the questions:
1. At this point in time, probably, but it doesn't bother me - become the lowest cost producer and the cyclical inputs wont matter - you can always find a new way to feed chickens
2. again does not bother me - grain is low - lock in long contracts - high deal with short term ones - its not rocket science
3. a moat is standard economics even if you want to use porters 5 forces - I am suggesting it would be very hard to get a business to the level FRM is.
apart from your NTA and grain costs what is the other reasons for your 'sell' call
Recent selling, page-19
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Last
10.0¢ |
Change
0.006(6.38%) |
Mkt cap ! $15.52M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 10.0¢ | $2.099K | 20.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 86 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 33805 | 2 |
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| Last trade - 11.18am 15/08/2024 (20 minute delay) ? |
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