TSE:MFI
24.35
0.14
(0.58%)
Maple Leaf Foods Inc. is a major Canadian consumer packaged meats company. Its head office is in Toronto.
More at Wikipedia
Analysis and Opinions about MFI-T
Signal
Opinion
Expert
WATCH
WATCH
November 8, 2019
They bought a fake meat investment. They were also hurt on the Chinese tariffs on pork and beef. Investors hopes in fake meat seem to be disappearing. Like cannabis, this is the first inning of new market forming. We just don't know who will be the winners. China has made positive moves on taking more Canadian pork.
They bought a fake meat investment. They were also hurt on the Chinese tariffs on pork and beef. Investors hopes in fake meat seem to be disappearing. Like cannabis, this is the first inning of new market forming. We just don't know who will be the winners. China has made positive moves on taking more Canadian pork.
COMMENT
COMMENT
October 30, 2019
IPL vs MFI? Maple Leaf foods dividend is 2.2%, well below that of IPL. He has not assessed the MFI earnings miss announced today. He would want to see how things settle out -- three days to let it rebalance. IPL had a big jump about an month ago about a potential takeout bid. IPL has a solid dividend and they are diversifying into other activities and into new pipeline projects, which should allow dividend increases. He would favour IPL.
IPL vs MFI? Maple Leaf foods dividend is 2.2%, well below that of IPL. He has not assessed the MFI earnings miss announced today. He would want to see how things settle out -- three days to let it rebalance. IPL had a big jump about an month ago about a potential takeout bid. IPL has a solid dividend and they are diversifying into other activities and into new pipeline projects, which should allow dividend increases. He would favour IPL.
DON'T BUY
DON'T BUY
October 28, 2019
The last number of months these food companies have been talking about plant-based proteins. Their traditional business has been under pressure for the last couple of years. It is hard to see where growth comes from. They still have an unresolved issue related to bread pricing. Short sellers are coming out against the company.
The last number of months these food companies have been talking about plant-based proteins. Their traditional business has been under pressure for the last couple of years. It is hard to see where growth comes from. They still have an unresolved issue related to bread pricing. Short sellers are coming out against the company.
WATCH
WATCH
August 13, 2019
If it breaks above $35, he would add exposure, and it should continue upward. Their recent plant-based protein announcement pushed up the stock.
If it breaks above $35, he would add exposure, and it should continue upward. Their recent plant-based protein announcement pushed up the stock.
TOP PICK
TOP PICK
August 12, 2019
Very defensive with a strong brand. They're investing heavily in their chicken and pork business, but also in their plant-based business. MFI's plant-based business is as big as Beyond Meat's, actually, and their valuation is a quarter of BM's. Compelling growth here. It's a food company, and so defensive. (Analysts’ price target is $40.43)
Very defensive with a strong brand. They're investing heavily in their chicken and pork business, but also in their plant-based business. MFI's plant-based business is as big as Beyond Meat's, actually, and their valuation is a quarter of BM's. Compelling growth here. It's a food company, and so defensive. (Analysts’ price target is $40.43)
HOLD
HOLD
June 25, 2019
The food industries has had a tough time moving the top line. MFI-T has focused on developing vegan alternatives and this could work out for them in the long run. Otherwise, this is a stable and consistent company.
The food industries has had a tough time moving the top line. MFI-T has focused on developing vegan alternatives and this could work out for them in the long run. Otherwise, this is a stable and consistent company.
HOLD
HOLD
May 3, 2019
MFI-T stock price has followed its fair market value -- currently $33 -- likely a ceiling for now. He needs to see earnings improving to get bullish.
MFI-T stock price has followed its fair market value -- currently $33 -- likely a ceiling for now. He needs to see earnings improving to get bullish.
TOP PICK
TOP PICK
February 5, 2019
A well-run blue chip. The price fells after a poor Q3. But it's moving into organics and just announced a new poultry operation with a new facility in London, ON. Trades at only 8x EBITDA. Great value. Solid balance sheet. (Analysts’ price target is $38.22)
A well-run blue chip. The price fells after a poor Q3. But it's moving into organics and just announced a new poultry operation with a new facility in London, ON. Trades at only 8x EBITDA. Great value. Solid balance sheet. (Analysts’ price target is $38.22)
WATCH
WATCH
June 19, 2018
Still likes. Very well run business. Pulled out based on valuation. Rebranding, organics, acquisitions, alternative meat categories, which at 10x EBITDA is fairly valued. Would look to step back in if there’s a sell off.
Still likes. Very well run business. Pulled out based on valuation. Rebranding, organics, acquisitions, alternative meat categories, which at 10x EBITDA is fairly valued. Would look to step back in if there’s a sell off.
HOLD
HOLD
May 7, 2018
A rare commodity in Canada: it's a large food producer. It's cyclical. Inflation of commodities may be good for them because they can pass on price increases to consumers. Not enough yield to make him feel safe. If you own it, hold it, but he's not buying it.
A rare commodity in Canada: it's a large food producer. It's cyclical. Inflation of commodities may be good for them because they can pass on price increases to consumers. Not enough yield to make him feel safe. If you own it, hold it, but he's not buying it.
PAST TOP PICK
PAST TOP PICK
October 26, 2017
(A Past Top Pick Oct 25/16, Up 10.61%) He still likes the business and they are progressing with their turnaround. A lot of the good news is priced into to it so he would take profits and look to get back in if it pulled back.
(A Past Top Pick Oct 25/16, Up 10.61%) He still likes the business and they are progressing with their turnaround. A lot of the good news is priced into to it so he would take profits and look to get back in if it pulled back.
HOLD
HOLD
October 16, 2017
There is some short term resistance. There is nothing wrong technically. He would be concerned if we took out the lows from the last couple of months. The long term trend line looks good. He is not concerned right now.
There is some short term resistance. There is nothing wrong technically. He would be concerned if we took out the lows from the last couple of months. The long term trend line looks good. He is not concerned right now.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
$33.290
Unknown
PAST TOP PICK
PAST TOP PICK
August 29, 2017
(A Top Pick Aug 17/16. Up 20.09%.) He made a profit and felt the shares had become fully valued, so exited his position. If the price pulled back for some reason, he would probably look to re-enter it. Would prefer it at under $30. Feels it is fairly valued where it is today.
(A Top Pick Aug 17/16. Up 20.09%.) He made a profit and felt the shares had become fully valued, so exited his position. If the price pulled back for some reason, he would probably look to re-enter it. Would prefer it at under $30. Feels it is fairly valued where it is today.
COMMENT
COMMENT
May 24, 2017
A large meat processor. This has been evolving since about 2011. An activist investor got involved, and agitated for major changes, which they undertook. Went through a very aggressive 5-year build where they modernized their whole plant network. The modern equipment and machinery has lowered operating costs. Also, they’ve renovated their product architectures. Instead of just being a bulk processor, they’ve moved into some upmarket and higher margin segments.
A large meat processor. This has been evolving since about 2011. An activist investor got involved, and agitated for major changes, which they undertook. Went through a very aggressive 5-year build where they modernized their whole plant network. The modern equipment and machinery has lowered operating costs. Also, they’ve renovated their product architectures. Instead of just being a bulk processor, they’ve moved into some upmarket and higher margin segments.
COMMENT
COMMENT
April 4, 2017
A company he likes and has owned in the past. They’ve undergone tremendous restructuring over the last 5 years. Economies of scale are massive for a company like this, which has had an impact on their margins. As margins have grown, so has the stock price.
A company he likes and has owned in the past. They’ve undergone tremendous restructuring over the last 5 years. Economies of scale are massive for a company like this, which has had an impact on their margins. As margins have grown, so has the stock price.
© Stockchase Inc.
6
