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Smithfield Foods, Inc. Message Board

  • oazkiasoo oazkiasoo Jul 25, 2010 10:30 AM Flag

    thousands upon thousands of cattle dying because of hot and cold extremes in us and argentina

    tighter supplies and higher prices for beef will mean higher prices for hogs and pork.smithfield is a super buy

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    • T Riv:

      I think we have a new Big T Bird but no one talks to him. He just figured that out! This is the "Talking To Yourself Board"! Of course, what more can be said about a company that never reached their potential of 40-60? LOL.

      Ever notice that NO ONE reflects on what we say? Maybe we are talking over their heads but what we say is rather easy to digest without working on Wall Street or on a commercial hog farm. Just the same ole pipe dreams of Smitty being a hot buy, a bunch of code jibber jabber but as you and I have said over the years, why would someone buy a loser who buys nothing but other foodservice losers and racks up multi billion dollar debt service? Which, sucks up any profit which, in the case of this stock, their debt payment eats up almost all of the net profit.

      As Paula would say; Y'all buy that Smitty bacon. Hear??

      Jet

      PS What's with $1.40 belly markets & high 90 ham markets? Record numbers there but Rushkies have money to spend now that they have figured out our herd is safe & capitalism is for EVERYBODY. Yeah, this comes from a country still using ammonia fueled refrigeration systems.

    • What do you guys smoke to be so enamored with this loser?? They make no money virtually every quarter and when they do, it is a real pittance after paying off debt. Yeah, a real good buy! I can hear it now in boardrooms across agricultural America, "Let's buy that Smithfield Company, you know, the one with all that debt after swallowing up loser upon loser." I suppose dying livestock due to high heat in the plains and elsewhere is a SUPER incentive for a prospective buyer as far as raw material supply

      Big T Bird, have you resurfaced as Oazkiasoo?

      T Riv, you just got to love these guys with constant buyout rumor upon rumor.

      Jet

 

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