Singapore Stock Market News

Japfa Ltd - Is it turning around?

StockFanatic
Publish date: Fri, 20 Nov 2015, 02:08 PM
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■ We hosted Japfa on a luncheon and management shared its diversification strategy on 1) Comfeed, 2) new markets in Vietnam, Myanmar and India, and 3) dairy.

■ Improved broiler prices in Indonesia and lower raw material prices helped drive the group's overall results in 3Q15.

■ Broiler prices could improve as the industry is set to cull 20% of overall livestock.
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