Poultry: Heading into Year-End with Improving Supply–Demand Dynamics (OVERWEIGHT)
We estimate robust earnings momentum in 3Q25 led by higher livebird and DOC prices, which offset the higher feed costs.We expect 4Q25 prices to...
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Poultry: There Is Such a Thing as a Free Lunch (OVERWEIGHT)
We expect additional 3-5% chicken absorption from MBG in Sep25 to support for LB prices. We foresee margin expansion in 3Q25 to be led by higher LB...
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Lucror Analytics - Morning Views Asia
In today's Morning Views publication we comment on developments of the following high yield issuers: Seazen Group, Japfa Comfeed
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Equity Strategy: 2H25: Positioning for a Growth Rebound
We raise our JCI target to 7,960, factoring in premium from anticipated flow into conglo-group stocks, despite our lower FY25 EPS growth f’cast.
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IDX30/LQ45/IDX80 Index Rebalance: Changes Across the Indices
There are 2 constituent changes each for the IDX30 Index and the LQ45 Index, and 3 constituent changes for IDX80 Index to be implemented at the...
818 Views