QAF    Last:0.99    -0.005

QAF

I like to think positively ....when there is a less in supply , n demand is ever growing ( population) ....this good limited supply source wld benefit
When China take up more from one source/  the supply out of this source to all other users are less.....so QAF do hv oppo to supply to more sources
Also currently Gardenia bread seem to b do well w new favour n mix.
Let see there coming qtr of results .Dyodd

cmengchan      ( Date: 30-Mar-2019 10:35) Posted: You are right. No benefits to QAF. From QAF announcement in Sep 2018. Australian pork producers, including the Rivalea Group, are not permitted to export pork to the PRC market as import protocol between Australia and the PRC have not been implemented under the China- Australia Free Trade Agreement 2015. The outbreak of ASF in the PRC does not currently give rise to any export opportunity with respect to the PRC. The Group continues to monitor the ASF situation. Qanghoo      ( Date: 30-Mar-2019 07:36) Posted: No need to import from QAF related source, or at least not so much.  In fact, they wld probably wanna seize the opportunity to import more from america to narrow the trade defisit so that duckie will kpkb less

 

High: o.885
current: 0.875

still going strong....looks like more upside to come...be patient, quietly.

 

Action liao....

 

You are right. No benefits to QAF. From QAF announcement in Sep 2018.

Australian pork producers, including the Rivalea Group, are not permitted to export pork to the PRC
market as import protocol between Australia and the PRC have not been implemented under the China-
Australia Free Trade Agreement 2015. The outbreak of ASF in the PRC does not currently give rise to
any export opportunity with respect to the PRC. The Group continues to monitor the ASF situation.

Qanghoo      ( Date: 30-Mar-2019 07:36) Posted: No need to import from QAF related source, or at least not so much.  In fact, they wld probably wanna seize the opportunity to import more from america to narrow the trade defisit so that duckie will kpkb less? cmengchan      ( Date: 30-Mar-2019 06:12) Posted: https://www.reuters.com/article/us-china-pork/chinas-pork-imports-to-double-in-2019-as-swine-fever-hits-local-output-analyst-idUSKCN1R20EO China's pork imports to double in 2019 as swine fever hits local output: analyst

 

No need to import from QAF related source, or at least not so much.  In fact, they wld probably wanna seize the opportunity to import more from america to narrow the trade defisit so that duckie will kpkb less?

cmengchan      ( Date: 30-Mar-2019 06:12) Posted: https://www.reuters.com/article/us-china-pork/chinas-pork-imports-to-double-in-2019-as-swine-fever-hits-local-output-analyst-idUSKCN1R20EO China's pork imports to double in 2019 as swine fever hits local output: analyst

 

https://www.reuters.com/article/us-china-pork/chinas-pork-imports-to-double-in-2019-as-swine-fever-hits-local-output-analyst-idUSKCN1R20EO

China's pork imports to double in 2019 as swine fever hits local output: analyst

 

true.

withdrawn ipo.

has cash on hand.

low geared.

sizeable pool or % floating.

hard to say if this is the real mccoy.

but if it is $1.30/share at least by extrapolating onto past ipo (withdrawn) news.

only bad thing is compared to other rumour spreaders on GO and taking private on other tickers/threads, this counter has much lesser assets, nav.

*starship has the best gifs hahahaha.

 

Recently, many posters have been screaming " GO" , " Taking Private" , etc in various threads.
Maybe they' ve been barking up the wrong tree when the Real McCoy has been staring at them all this while -------- QAF.................... 


 

 

Ok reached TP today and now correction on profit taking

http://cakap.net/gann-square-of-9/?s=hi-p& cp=1.56

alidaud      ( Date: 27-Mar-2019 16:10) Posted: Next TP 0.87 alidaud      ( Date: 15-Mar-2019 16:03) Posted: http://cakap.net/gann-square-of-9/?s=qaf& cp=0.805

 

The Porky Pork that Keeps on Giving..............................

 

Very bullish at the moment.

No news yet, but looks like exploding any moment.
 

 

Ex date 6th May.....

FATABA      ( Date: 27-Mar-2019 15:32) Posted: Maybe the CD 4c effect ....or hope China buys the Aus pork plant ....LOL   bishan22      ( Date: 27-Mar-2019 14:37) Posted: Cheong again.....

 

Next TP 0.87

alidaud      ( Date: 15-Mar-2019 16:03) Posted: http://cakap.net/gann-square-of-9/?s=qaf& cp=0.805

 

The Bread That Never Stops Giving..........................

 

Maybe the CD 4c effect ....or hope China buys the Aus pork plant ....LOL
 

bishan22      ( Date: 27-Mar-2019 14:37) Posted: Cheong again..... bishan22      ( Date: 16-Mar-2019 09:07) Posted: Low volume but price shot up...something brewing..??

 

Cheong again.....

bishan22      ( Date: 16-Mar-2019 09:07) Posted: Low volume but price shot up...something brewing..??? MichaelSchenker      ( Date: 15-Mar-2019 19:58) Posted: Trading queries today..... As usual, management claim not aware. Monday set to take off.  Those who are in, congrats! Should be taking profit soo

 

Low volume but price shot up...something brewing..???

MichaelSchenker      ( Date: 15-Mar-2019 19:58) Posted: Trading queries today..... As usual, management claim not aware. Monday set to take off.  Those who are in, congrats! Should be taking profit soon FATABA      ( Date: 15-Mar-2019 15:39) Posted: QAF is moving up nicely .....is it the 4c dividned or the recent pig swine issue ....... Gardenia bread seem to be doing well .....notice it sellout well by later evening. Anyone got any update ?

 

Nice recovery 🙂

SmallSmall      ( Date: 14-Jan-2019 08:52) Posted: It is not uncommon for companies to withdraw from IPO based on market conditions. I would think the issues of pork prices in Australia is not a management issue rather than the demand and supply situations there that affects all pork producers and suppliers. It is a cycle thing which even affects their own local producers/suppliers. Based on economical theories, the supply and demand situations will normalise over time. As a matter of fact the demand for pork has increased in Australia. It' s just that the supply side has increased even more.  Who knows, maybe the year of the pig will see a big increase in the consumption of pork? (pun intended) :) As for their bakery business, it is incorrect to term it a sunset industry. It is a matured industry with stable demand just like the rice industry. Most people who eat Gardenia or Sunshine bread will continue to eat it as a staple food even as more exotic bakeries emerge. To me, the counter has corrected enough to be on the rader for technical rebounds just like many of the other bombed out counters. Then again, who know, if you believe in the theory of perfect information, the fundamentalist may already have started buyings based on the priced inmputed on the technicals. DYYDD    huathuat88888      ( Date: 12-Jan-2019 16:19) Posted: I had a rude awakening of QAF. Why ? 1. QAF informs SGX of Rivalea IPO. 2. They engaged Aussie Financial Advisers to prepare for the IPO. 3. They suddenly wthdraw IPO when they realized Rivalea financials not as good as rge prev year. 4. It just shows the HQ management do not have close touch with their overseas counterparts. They seem not very aware or familar with what their overseas biz are doing. They seem to just rely on their overseas managements to run the biz. Are there regular checks and scrutiny ? If there are, how can u not know the latest financials of Rivalea when you spend millions in aud to engage aussie financial advisers to prepare for the IPO ? If so , is that how they run their China JV ? Which later failed and written off . Now they bet on Phils. There is much to worry honestly. Can they manage their Phils management and staff well ? And packaged Bread is a sunset industry. New innovative bakeries and breads are sprouting up. In their last Qtr, phils biz contribute on rev but not on profits. This is a cause for concern.

 

Trading queries today.....

As usual, management claim not aware.

Monday set to take off. 

Those who are in, congrats! Should be taking profit soon

FATABA      ( Date: 15-Mar-2019 15:39) Posted: QAF is moving up nicely .....is it the 4c dividned or the recent pig swine issue ....... Gardenia bread seem to be doing well .....notice it sellout well by later evening. Anyone got any update ?

 

http://cakap.net/gann-square-of-9/?s=qaf& cp=0.805