TSE:MFI

Maple Leaf Foods (MFI.TO)

26.30
-0.22 (0.83%)
as of Sep 11, 2026, 8:00:00 pm Market Open.
124 watching
0
WAIT
Is on his watch list; he likes the company; they will survive. This is the way processed food works in our society. McDonalds was a great investment after the mad cow thing and similarly this will be a good buy soon
DON'T BUY
Recall of meat products because of listeria outbreak and expect a lot of their losses will be covered by insurance. Could easily go down further. Have a lot of debt on the books because of past takeovers. Wouldn't buy for another 6 months until they stabilize.
DON'T BUY
Yield is only about 1.6%, which tells him it is not going to get yield support even if it survives the $20 million meet recall. When you kill your customer, it takes a long time to repair. He expects further downside.
BUY
Has bought and sold this a number of times. At this price, it pays you to own. Hurting because going through a restructuring and their holding of Canada bread was not able to pass on commodity costs. They are moving more and more to a higher margin products.
DON'T BUY
Well run company. In a difficult spot right now. As a food processor, a lot of the underlying costs have risen so dramatically that it has had a negative impact on the stock. Have some leverage on their balance sheet. Would prefer to play this through their subsidiary Canada Bread(CBY-T).
HOLD
Food is a safe haven sector that he would consider investing in. This stock is having some headwinds from a share price perspective. Would prefer others such as Canada bread (CBY-T) or Saputo (SAP-T).
PAST TOP PICK
(Top Pick Nov 27/06. Up 15%.) Still likes. Good defensive name. Struggling with the high Cdn$. Still going through a restructuring. If they get it right, it has $20 written all over it.
DON'T BUY
Restructuring. The money they are spending is to reposition themselves, but you are not going to see that until 2009. About one quarter of their sales are on bakery products and with wheat prices going up this might put pressure on them.
PAST TOP PICK
(A Top Pick Nov 27/06. Up 30.4%.) Was a good price at the time. Would still Buy it has some risks because of the stronger Cdn$ and the restructuring story is still unfolding.
PAST TOP PICK
(A Top Pick Aug 25/06. Up 30%.) Still likes the story. They have embarked on a substantial restructuring campaign, moving from less about pork processor to more of a finished meet product. Higher margins.
PAST TOP PICK
(A Top Pick Aug 25/06. Up 36%.) Had been undervalued. Great management team. Have made a major shift in strategy. Paying down debt.
PAST TOP PICK
(A Top Pick Aug 25/06. Up 20.4%.) Going through a major restructuring. Management owns a big piece of the company and is very focused.
WAIT
In 2 businesses. Commodities where they produce mostly pork and consumer products. Trying to get out of the commodities and more into packaged goods that has less cyclicality and better margins. A “ show me” stock.
TOP PICK
(A Top Pick Aug 25/06. Up 15.1%.) Going through a major restructuring by getting out of low margin pork processing and into high margin finished meat.
DON'T BUY
His model price is $14.32 which is only a 6% positive differential. You can find more value elsewhere.
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