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Sanderson Farms, Inc. Message Board

  • tuscanaa tuscanaa Mar 15, 2009 8:34 PM Flag

    CAGLES-CGL.A 1.40 a share

    Forget Sanderson if you think chicken cos. will start to make money. Cagles with $300,000,000 in sales and a market cap of around 7 million with about 27,000,000 in net debt(34MillionEV)is selling about 10% EV to Sales. Nov 0f 2007, management wanted to pay 9 a share for the 1.6 million shares it did not alreadfy own, but the deal fell through. Stock could easily triple if it starts to make money.

91.49+1.60(+1.78%)Sep 16 4:15 PMEDT

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