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  • 3 Post By TheBrit
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Why is WH Group not zooming thru the roof?

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  1. #1

    Join Date
    Jul 2011
    Posts
    793

    Why is WH Group not zooming thru the roof?

    China needs pork, right? WF Group has pork meat from USA, and china tariffs are down on pork imports from USA. So, what the heck is holding WH stock from a rapid increase in valuation?

    A yr ago at $15, now at $19. Seems insignificant according to massive demands from china for porky dumplings.

    Sure, we hold some shares of Shineway.


  2. #2

    Join Date
    Oct 2010
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    20,084

    Long term fundamentals trump short term news bullshit?

    jlw90, traineeinvestor and spode like this.

  3. #3

    Join Date
    Jan 2018
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    793

    Not enough pigs for their Chinese slaughterhouses I guess.

    traineeinvestor likes this.

  4. #4

    Join Date
    Dec 2018
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    1,228
    Quote Original Post:
    Not enough pigs for their Chinese slaughterhouses I guess.
    This - concerns that although prices may be higher, volumes are likely to be significantly lower.

    Other factors which may (or may not) be weighing on investor sentiment: potential for the PRC to regulate pork prices, possibility that the African swine disease is still spreading and risk of higher short and longer term costs due to enhanced preventative measures for their remaining stocks.

    On the plus side, a 26% increase from $15 to $19 is not too shabby in the current market.

  5. #5

    Join Date
    Apr 2003
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    demand has switched, Australia is shipping every piece of lamb they have to China.

    https://www.abc.net.au/news/rural/20...china/11590028


  6. #6

    Join Date
    Jul 2004
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    3,595
    Quote Original Post:
    Long term fundamentals trump short term news bullshit?
    Long term fundamentals trump Trump news bullshit?? Sorry had to do it, morning itch..
    Coolboy likes this.

  7. #7

    Join Date
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    Good result today!


  8. #8

    Join Date
    Jun 2019
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    Quote Original Post:
    demand has switched, Australia is shipping every piece of lamb they have to China.

    https://www.abc.net.au/news/rural/20...china/11590028

    Never realized China had such appetite for lamb...

  9. #9

    Join Date
    Aug 2013
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    Quote Original Post:
    Never realized China had such appetite for lamb...
    I've only been able to order Mongolian lamb in Cantonese restaurants in Australia and the UK, haven't seen it in HK or China yet.

  10. #10

    Join Date
    Jan 2013
    Posts
    102
    Quote Original Post:
    Never realized China had such appetite for lamb...
    Northern Chinese and Mongolians eat a ton of lamb. I think that’s there main protein source. I was in Inner Mongolia for a business trip for a week. I ate nothing but lamb and other protein. Couldn’t poop for a week.