FRM 4.00% 12.0¢ farm pride foods limited

Nearest the pin - half yearly results forecast, page-11

  1. 831 Posts.
    lightbulb Created with Sketch. 26
    At the AGM I think he was referring to the number being up from July and that could result in an oversupply in the spring. He also mentioned that when summer comes the number of eggs will drop especially in free range because of the heat.

    If Didak is correct on the price increase of 15-20% on eggs, then I will assume that we have not experienced any significant over supply and margin compression in the spring. Otherwise I think it would be reasonable to assume that prices would have steadily decreased.

    We are now entering summer so the number of eggs will obviously decrease but I didn't get the impression that summer was going to be a problem with oversupply.
 
watchlist Created with Sketch. Add FRM (ASX) to my watchlist
(20min delay)
Last
12.0¢
Change
-0.005(4.00%)
Mkt cap ! $26.09M
Open High Low Value Volume
12.0¢ 12.0¢ 12.0¢ $1.469K 12.24K

Buyers (Bids)

No. Vol. Price($)
1 10000 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 110761 1
View Market Depth
Last trade - 10.55am 18/09/2024 (20 minute delay) ?
FRM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.