No panic in the -9.71% slide in heavyweight J357 Food Producers $JSETBS Tiger Brands It went ex-dividend today with payment on January 19th of 2710 cents or 2168 cents net The special dividend payout from overseas assets sales

Great news for the large rice re-sellers & packagers in 🇿🇦 such as $JSEPMR Premier Group (Goldkeys brand) $JSETBS Tiger Brands (Tastic) and @PepsiCo @PioneerFoodsSA (Spekko) …. and of course consumers who switch between mealie meal (white maize) & rice depending of pricing Currently consumers scoring on both as prices slide year-on-year

$JSETBS Tiger Brands - Breakout from bullish flag consolidation pattern targets the highs at 295.

From yesterday's National budget that never was there was an intriguing if vague and ambiguous few lines from the Minster regards extending the VAT exempt basket of 21 items presently zero rated In the leaked budget speech "Expanding the basket of VAT zero food items to include tinned vegetables, dairy liquid blends, and variety of meat products from sheep, poultry, goat and swine" This would presumably have been funded from the proposed 2% increase in VAT. With the budget on hol and perhaps being re-configured one must wonder how much of the Government's 'food exempt' idea will be carried forward Chicken, as one category, is a R4bn cost. It's a lot and that sum could easily be spread around other food items though chicken is the largest consumed affordable protein so there would be a wide lower consumer benefit The beneficiaries should this be approved would be the chicken stocks $JSEARL Astral Foods & $JSERBO Rainbow Chickens In canned meats, $JSERFG Rhodes Foods with their leading Bull Brand products would be a winner alongside $JSETBS Tiger Brands with their Koo vegetables $JSEOCE Oceana Group who has the leading brand Lucky Star - which is VAT zero rated - may see increased competition from more protein categories being added to zero rated basket All conjecture, as the budget was postponed but worth commenting on

I spy with my little eye …. a sunbathing Parsons Jack Russell 🐶 …. as I sit here writing @FinancialMail copy on $JSENPK Nampak & $JSETBS Tiger Brands

Tiger Brands exits Chile’s FMCG co Carozzi in a $240m deal. The buyer is its current largest shareholder. The deal unlocks value & simplifies the portfolio. Proceeds will fund strategic projects & potential shareholder returns. $JSETBS

$JSETBS #TIGERBRANDS #TRADINGSTATEMENT Tiger Brands Trading Update Strong Full-Year Performance: The company delivered a solid performance, with topline growth slightly ahead of the prior year, despite challenging conditions. Improved Margins: Gross and naked margins are expected to recover modestly compared to the previous year, thanks to cost-saving initiatives. Successful Portfolio Optimization: The company successfully disposed of non-core brands and continues to rationalize its portfolio. Strong Financial Position: The company achieved a significant reduction in net debt and improved cash conversion. Earnings Outlook: Earnings per share (EPS) and headline earnings per share (HEPS) are expected to increase by 11-13% and 3-5%, respectively. Listeriosis Class Action: The company is actively engaged in the legal process and exploring options for a speedy resolution.

$JSETBS Tiger Brands confirmed that CEO Tjaart Kruger's tenure as CEO has been extended until the end of December 2028 The well-regarded and veteran industry executive was appointed - from $JSEPMR Premier Foods - to #TBS in November 2023 with an initial contract for 26 months Good news there is managerial continuity and a removal of managerial uncertainty from #TBS (or) could it also signify that #TBS was in such a mess that it will take longer to restructure & turn-around the groceries giant ?

$JSETBS - Breakout , this should move higher in coming days -22500c and 23500c.

#JSETBS #GNU

Been commenting & warning on SAFEX wheat for some weeks Today wheat R6,760 a ton a year to date gain of 12.74% but since wheat's mid-April low, its ahead on SAFEX 15.5% in some 6 weeks Driven higher by CBOT priced, global factors & latterly weaker rand Wheat is not the significant input cost % in bread, energy to bake / deliver combined is higher With weak rand higher wheat I'd be watching the sector & companies allied to bread $JSETBS Tiger Brands $JSEPMR Premier Group

$JSETBS - Tiger Brands: The Tiger Roars But I Count Five Waves dlvr.it/T4SFqN 📈📉💹📊 via ➡️ alerttrade.us

#JSETBS sold the rest of my Tiger Brands stake, locked in ~42% gain, excl. dividend. Original buy was based on mispricing alone; it’s probably fairer now - perhaps more upside w new CEO, buybacks, but imo there are better places to put your money right now.

Joh, consumer-related analysts getting severe whiplash today back-to-back First it was the $JSEPIK Pick n' Pay update, R4bn rights, awful core #PIK update & Boxer unbundling, now food producer giant $JSETBS Tiger Brands gives a softer half-year outlook to March 2024 (flat to lower) with 2H hinged on how Easter does Tough Q1, recovering Q2 In first 4-months to January (H1) group revenue -1% and volume -8% with price inflation of 7% #TBS -8.34% to 19291 cents on the voluntary update Consumer analyst be reaching for the Valium this afternoon

TIGER BRANDS $JSETBS FOUR-MONTH GROUP REVENUE DECLINED BY 1% Y/Y Group revenue for the months through end-January fell due to volume declines of 8% offset by price inflation of 7%. Share price dropped over 8% on the news.

Got lucky and saw the #JSETBS SENS the minute it got released - sold half of my position at -1% on the day to lock in a 47% gain (bought around 5-6 months ago). Will look to add if it drops enough. Currently down 6% on the day.

Tiger Brands, $JSETBS - Daily, Weekly, Monthly candle view respectively. Looks bullish, targets an initial 227.

Despite a wild trading ride today with an opening of 7200 cents and a trading range between 6790 cents to 8200 cents with $JSEPMR Premier Group closing at 6879 cents -4.46%, over the past 12-months to date, #PMR has been the best performing food producers counter My rationale for selecting the stock in my Top 9 remains sound. Its a March year end reporting period For completeness, $JSETBS Tiger Brands for the past 12-months is -10.92% (Google Finance only allows five comparative charts at once)

Check out my #JSETBS 🐯analysis on @TradingView: tradingview.com/chart/TBS/cC…

Solid swing low... #JSETBS 🦾 tradingview.com/chart/TBS/IA…