ING 1.11% $3.64 inghams group limited

ING TA, page-4

  1. 377 Posts.
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    I bought into ING a few weeks back at $3.67 on the expectations of a big grain production year on the east coast of Australia leading to cheaper feed grain prices. Now looking at international factors (Russian grain production may be significantly reduced this year) maybe that's not going to play out like I thought.
    However, I'm happy to keep on holding at this stage. Alternative protein sources are getting increasingly expensive and chicken consumption should increase as household budgets are tight.
 
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