I reckon the financial result was bad and worse than expected.
However here are the apparent tailwinds:
1. Feed commodity prices falling
2. Shipping prices falling
3. Covid management costs falling
4. Risks of FM virus coming in from Indo
5. Immigration being focused upon.
6. Price rises
7. Stretched purse strings reducing meat budget
8. Falling energy prices
9. La Nina 50% chance
headwinds
1.Wage inflation
2. Risk Energy prices spike again
3. Risk of another Covid wave
4. Risk of Wage inflation outstripping impact of price rises
5. Risk vegan meat improves market share, and/or becomes much lower cost
6. Shortage of fertilizer - but hey - chicken poop is fertilizer
IMO the headwinds are mostly risks, rather than actuals. I had been waiting for a dip to buy again so did today. See what happens.
- Forums
- ASX - By Stock
- Ann: ING FY2022 Full Year Results Presentation
I reckon the financial result was bad and worse than expected....
-
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
Add ING (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.88 |
Change
0.030(1.05%) |
Mkt cap ! $1.070B |
Open | High | Low | Value | Volume |
$2.86 | $2.89 | $2.83 | $6.027M | 2.103M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4318 | $2.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.90 | 23650 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 10253 | 2.860 |
7 | 57418 | 2.850 |
7 | 50839 | 2.840 |
12 | 28484 | 2.830 |
16 | 54747 | 2.820 |
Price($) | Vol. | No. |
---|---|---|
2.900 | 23650 | 1 |
2.910 | 73741 | 3 |
2.920 | 18692 | 5 |
2.930 | 3610 | 1 |
2.940 | 22610 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
ING (ASX) Chart |