ING theorycrafting

my general theory crafting for ING.. (add your thoughts in the comments, im curious in general/if ive missed anything critical)


despite last quarters results not hitting the targets that they were expecting due to the 'covid rebounds'. we can kinda cruise around the current price range of $2.50-$3.00 share value if the next quarter results stay the same or go back over the $3.00 current barrier if results are more positive than the last quarter.

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A.We had the initial scare of the mad cow disease back in july area of 2022 which prematurely spiked the poultry industry for 2-3 weeks

B. With pressure from the EU in regards to australian emissions, cattle (red meats sector) is one our leading candidates for being targeted resulting in a price increase due to stadard supply:demand logic. This would then favour white meats such as poultry as being the leading choice when it comes to price for the average australian household in an already sketchy financial time as interest rates rise for their protein intake.

C. only real detrimental thing i can see thats looming in the distance is the fake meat phenomenon where research and development has come a considerable amount of way in the last few years that will eat into the market share