I never considered corn prices to part of the equation. This only confirms my position that chx is a great value when compared to others in the same industry or similar complementary industry groups. I like this stock better than bonds and expect to see a fast run up in the price over the next 6 months. ?How many instutions own what percent of the company? ?Where do you see the stock in 6 months?
I have been doing a lot of analysis on this company and just don't see where you can say this is overvalued. I find it correctly valued and maybe even overvalued using a fair financial forecast. Any comments?
Compared to 23x earnings for tyson, I feel chx is cheap. I can sleep at night owning this company; I sold bond to buy chx. I consider chx to be equally secure. Growth is as good as it gets and I am suprised this stock hasn't moved up more.. Value investing takes time. The company has been around awhile and mgt knows the chicken businness.