In the face of school holidays and Ramadhan, the stocks of Indonesian poultry companies are back to prospective status. Taye Shim, Research Head of KDB Daewoo Securities, said during the period poultry products consumption will escalate. “We have seen the price of poultry products such as chicken and eggs reverting to normal.
So this is the right time for investors to back the poultry sector,” he said. Besides, Mr Taye also sees clear income visibility of the sector due to the increase in selling prices and production volumes in the next two to three months. Poultry companies that are listed in Indonesia’s Stock Exchange are Charoen Pokphand Indonesia, Japfa Comfeed Indonesia, Malindo Feedmill and Sierad Produce.
(Source – http://www.blackseagrain.net/novosti/indonesian-poultry-stocks-back-to-prospective)