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December 12, 2014

Thailand

CPF’s Stock Recommended

 

In The Nation, one of Thailand’s leading newspapers, SCB Securities, a brokerage firm in Thailand, recommended that investors buy CP Food’s stock, based on the fact that shrimp prices have stabilized, shrimp feed prices are rising and the shrimp industry is coming back to life after the early mortality syndrome disaster.  CP Foods runs one of the largest shrimp farming operations in the world.

 

SCB Securities said: Our pick for the month is CPF, which has an upside potential of 50%.  We also have high hopes that its shrimp business will turn the corner in 2015.

 

Sources: 1. The Nation.  Agri-FoodSCB Securities.  December 11, 2014.  2. Bob Rosenberry, Shrimp News International, December 12, 2014.

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