RCL Foods, a significant player in the South African food, sugar products, and chicken market, is predominantly owned by Remgro with an 80.4% stake. The company boasts an array of renowned local brands, including 5 Star maize meal, Farmer Brown poultry, and Yum Yum peanut butter, positioning it as a key competitor against foreign imports across its product lines....
RCL is a prominent South African food, sugar product, and chicken producer, with 80.4% ownership held by Remgro. The company boasts a portfolio of well-known South African brands, including 5 Star maize meal, Farmer Brown, and Yum Yum peanut butter. RCL faces competition from imported sugar, chicken, and other food products. It encountered challenges due to the...
RCL is a large producer of food, sugar products and chicken in South Africa which is owned 80.4% by Remgro. The company owns a number of very well-known South African brands such as 5 Star maize meal, Farmer Brown and Yum Yum peanut butter. It competes with overseas imports of sugar, chicken, and other foods. It was impacted by the listeriosis outbreak which...
RCL is a large producer of food, sugar products and chicken in South Africa which is owned 80.4% by Remgro. The company owns a number of very well-known South African brands such as 5 Star maize meal, Farmer Brown and Yum Yum peanut butter. It competes with overseas imports of sugar, chicken, and other foods. It was impacted by the listeriosis outbreak which...
We might see this guy by the end of the year trading below 800, but we are yet to see them pushing high once they get to 700
RCL FOODS has pulled back to an area that i'm interested in and has started a consolidation / base. Current PE : 8.7 Looking for a move back towards the 200 day moving average as first target A close below R9.00 negates the idea -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
RCL Foods Ltd. (South Africa) is a holding company, which engages in the food production. It operates its business by combining the Consumer and the Sugar & Milling divisions into a single food division, which is divided into four business units: Groceries, Baking, Chicken, and Sugar. The company was founded by Stanley Methven in 1891 and is headquartered in...
Good opportunity to go Bulish short then long bearish