Recession is around the corner and nasdaq is looming around a bear market.
whats the best thing we could do if recession hits ?
Low spending power on material things, for FFB its food staples, something important in our daily lives.
warren buffet did not invest in milk companies but in his portfolio there is a small percentage of food staples companies. to hedge against inflation i do not think farmfresh is a bad company to invest in this period.
have anyone saw the inflation of milk already ?
increase in operational cost of FFB will transition to the end users. We do not have choice but to accept the inflationary of goods.
many of the article will say we cant run away from milk, coffee, milk power, yogurt , which is partially true
From TA point of view E1 and E2 is a good collection point :) And trend broken out from downtrend line. we will retest the downtrend line at 1.655
25thMay2022
(UOB) - TP1.82
(maybank) - TP1.95
average of 5 million traded per day is very much small for a huge upside on FFB
whats the best thing we could do if recession hits ?
Low spending power on material things, for FFB its food staples, something important in our daily lives.
warren buffet did not invest in milk companies but in his portfolio there is a small percentage of food staples companies. to hedge against inflation i do not think farmfresh is a bad company to invest in this period.
have anyone saw the inflation of milk already ?
increase in operational cost of FFB will transition to the end users. We do not have choice but to accept the inflationary of goods.
many of the article will say we cant run away from milk, coffee, milk power, yogurt , which is partially true
From TA point of view E1 and E2 is a good collection point :) And trend broken out from downtrend line. we will retest the downtrend line at 1.655
25thMay2022
(UOB) - TP1.82
(maybank) - TP1.95
average of 5 million traded per day is very much small for a huge upside on FFB