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$SIMEPROP (5288.MY)$ Well done and continue to strong growthing… will hold for long term, confidence stronger growthing for coming next year 2025 due to implementation of good govt policy to first house buyer
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Fodder costs continue to decline, poultry industry profit margins expand.
Analysts believe that the poultry industry may expand its profit margins due to the decrease in fodder and other input costs, which will to some extent alleviate the impact of the depreciation of the ringgit.
MIDF investment bank analyst pointed out that feed usually accounts for 65% to 75% of production costs, which is a major bullish factor for the poultry industry.
The decline in feed costs is expected to increase the overall profits of resources. $QL (7084.MY)$ Longhe International $LHI (6633.MY)$ And the main companies' profit margins.
"We maintain an optimistic attitude towards the low prices of csi commodity equity index in 2025, thanks to ample supply from major exporting countries."
"Full benefit resources and Longhe International have the ability to seize this trend, combined with government support, making the outlook of the industry even more bullish."
Since early 2024, the prices of corn and soybean meal, among other key raw materials, have steadily declined.
In October this year, the average price of soybeans (accounting for 19% to 32% of fodder costs) was $350 per ton, a year-on-year decrease of 18%, due to increased supply from Argentina, the USA, and China.
At the same time, the price of corn, which typically accounts for 55% to 69% of fodder formulas, also decreased by an average of 14% last month, to $0.01 million7319 per ton, benefiting from increased production in major regions such as the USA, China, the EU, and Ukraine.
Exchange rate fluctuations pose risks.
However, analysts also warn that exchange rate fluctuations pose risks to all poultry companies purchasing raw materials in US dollars. In October, the average exchange rate of the ringgit against the US dollar...
Analysts believe that the poultry industry may expand its profit margins due to the decrease in fodder and other input costs, which will to some extent alleviate the impact of the depreciation of the ringgit.
MIDF investment bank analyst pointed out that feed usually accounts for 65% to 75% of production costs, which is a major bullish factor for the poultry industry.
The decline in feed costs is expected to increase the overall profits of resources. $QL (7084.MY)$ Longhe International $LHI (6633.MY)$ And the main companies' profit margins.
"We maintain an optimistic attitude towards the low prices of csi commodity equity index in 2025, thanks to ample supply from major exporting countries."
"Full benefit resources and Longhe International have the ability to seize this trend, combined with government support, making the outlook of the industry even more bullish."
Since early 2024, the prices of corn and soybean meal, among other key raw materials, have steadily declined.
In October this year, the average price of soybeans (accounting for 19% to 32% of fodder costs) was $350 per ton, a year-on-year decrease of 18%, due to increased supply from Argentina, the USA, and China.
At the same time, the price of corn, which typically accounts for 55% to 69% of fodder formulas, also decreased by an average of 14% last month, to $0.01 million7319 per ton, benefiting from increased production in major regions such as the USA, China, the EU, and Ukraine.
Exchange rate fluctuations pose risks.
However, analysts also warn that exchange rate fluctuations pose risks to all poultry companies purchasing raw materials in US dollars. In October, the average exchange rate of the ringgit against the US dollar...
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$Singtel (Z74.SG)$ Why does it continue to fall? Will it rise back up?
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$JPG (5323.MY)$
Anyone notice the patern from monday to wednesday the price can rise to 1.40 and thurday onward will fall around 1.3-1.34
Anyone notice the patern from monday to wednesday the price can rise to 1.40 and thurday onward will fall around 1.3-1.34
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$Singtel (Z74.SG)$ Oh my god, I regret not making it to 314.
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$AFFIN (5185.MY)$ Anyone know what happen?
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$SIME (4197.MY)$ It's nothing, just a trivial matter. China's BMW brake system has a problem and needs to be urgently recalled for repairs. The market is worried that the Chinese people will lose confidence in BMW, so some people are afraid and selling stocks.
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$LHI (6633.MY)$ every day keep falling, is there anything happening ?
maybe i am not aware
maybe i am not aware
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