Hey shorts! Thanks for sucking up the $0.72 dividend next month. Come on shorts. This isn't Amazon or Netflix. It's a good ole boy chicken operation. Been around a long time. "Who needs to borrow money?" Said Joe Sanford on the last conference call as they print $ faster than ever.
I have RIG at a higher price point. I will keep the shares I'm buying here, take the tax loss on higher priced shares. Great way to increase my position and use this downdraft to my advantage.
Is this company going to disappear? Is the industry going to close it's doors? I sold EXC a few years ago when they cut the dividend. What happened next? It went up!!!!!!!!
This sector is presenting a serious opportunity to make $. Wait until they start cutting the dividend and buy! I still hold some RIG bought at $39 and $38. But it is a placeholder. Eventually this will turn around. The stock is positioning for a lower divi anyway.
$50 million lower feed cost next year vs. this year at current futures pricing. Constrained breeding stock. Increased production at SAFM with a new plant on line and another on the way. 30% increase in production capacity in the next few years. Continued strong prices in world consuming more protein. Think I will sit on SAFM a bit longer.
Do you think the massive employee bonuses will make the PPS less attractive in a buyout!? The company was still able to generate $4 a share in profit. Annualize that to $16 a year and this stock is still woefully undervalued.
Nope, an individual investor, long since the $70s earlier this year because I know that decreased feed costs, capacity constrained production and a consolidating industry is a good place to be. Don't be paranoid. Just because you are short. Someday you will cover. But I will never sell. Just keep reinvesting the dividends.
Insiders? where was the drop to $85 and the terrible chart. Go ahead and short a price to sales less than one and a PE less than 10 that is buying back stock and paying a small but growing dividend. At least you are honest that you are short. Please short it more.
The bonus structure will be harder to reach next year. Also the contribution to the bonus pool will be less next quarter. At least they aren't diluting the shareholders by printing stock. Next year will provide similar margins as grain production has been incredible.
Chemicals? The only chemical is CO2 trapped in a membrane. There isn't anything not found in Soda's CO2. But Soda remains customizable and has margins to be competitive on CO2.
As an owner of this company (long common stock), I'm glad to be a part of a company that rewards it's employes for results. Long term buy and hold. More American businesses need to follow this example. Screw WS's short term gains.
I own RIG. I will buy more once the hedge funds have squeezed out all of their short positions. But I am not going to step further into the down draft that has been going on for some time.
Rig and the other drillers are going down. There is no reason to expect a change in sentiment anytime soon. It is futile to fight the hedge funds. The only thing to do is wait for the bleakest time and lowest price and then buy. Until then, it is a matter of watching your $ wither on the vine.
This year was a loss for Soda. They don't know how to market in the U.S. Will a major beverage company (Pepsi) make their syrups available for Soda's system? I think so, I think they in the next year or so. Of course they are waiting for GMCR to come to market. Sodastream is not dependent on a major deal. But the PPS is.