ING 1.98% $3.09 inghams group limited

Ann: Earnings Update and Guidance, page-27

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  1. 6,248 Posts.
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    They are bidding for Hazeldenes chickens against their former VC owners.

    Its gonna be tough synergies vs cheap money who will win. There is also the issue of woolies contract. UBS is shorting it hard.

    Two downside events woolies contract loss and capital raising potentially for overpriced acquisition. Its gonna be tough.
 
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