Has the cold winter passed? Pig feed demand is now turning around: frontline salespeople are selling 100 tons more in a single month compared to the beginning of the year.
1. Impacted by the recovery of the breeding market, the demand for front-line pig fodder is increasing. Some front-line fodder sales staff mentioned: "In September, they sold 100 tons more in a single month compared to January". 2. Although the pig feed has shown continuous improvement on a month-on-month basis, there is still a gap compared to the same period last year. 3. Some industry insiders believe that the improving demand for pig feed, coupled with low raw material costs, may become a support point for future corporate performance improvement.
Practitioners call it a 'depressed' time! Profitability has been divided for fodder companies. Will demand improve in the second half of the year? |Industry observations
In the first half of this year, the overall demand for fodder was sluggish, and the competition in the industry intensified. The market share of leading fodder enterprises has shown a counter-trend increase. The prices of raw materials continued to fall, and the profitability of enterprises has differentiated. Some industry insiders believe that the situation of sluggish demand for fodder in the second half of the year will be somewhat improved.
Selected Announcements | Tencent spends HK$289 million on repurchases; Country Garden plans to discount 14.8% of the allotment of shares and net capital of more than $4.7 billion
C&D International Group plans to acquire 100% of Fujian Zhaorun's shares for 1,562 billion yuan to further expand the group's land reserves; Kangfang Biological-B and Summit Therapeutics Inc. signed a licensing agreement of up to 5 billion US dollars for EVOXE (PD-1/VEGF bi-specific); SF Tongcheng plans to participate in the establishment of an equity investment fund, mainly investing in unlisted companies in the fields of intelligence, low carbon and new opportunities for local life.
01936.HK buys back 150000 shares with an investment of 111100 yuan
[Caihua News] Litmi (01936.HK) announced that it will repurchase 150000 shares on October 11, 2021 at a price ranging from HK $0.70 to HK $0.75 per share, involving a capital of 111100 yuan. The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 21.99 million shares, accounting for 4.4 per cent of the number of shares issued at the time of the passing of the ordinary resolution.
Litmi (01936) bought back 150000 shares at a cost of HK $111100 on October 11th.
Zhitong Financial APP News, Litmi (01936) issued an announcement that on October 11, 2021, the company spent HK $111100 to buy back 150000 shares at a repurchase price of HK $0.70-HK $0.75 per share.
01936.HK buys back 510000 shares with an investment of 394300 yuan
[Caihua News] Litmi (01936.HK) announced that it will repurchase 510000 shares with repurchase prices ranging from HK $0.73 to HK $0.78 per share on October 8, 2021, involving a capital of 394300 yuan. The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 21.84 million shares, accounting for 4.37% of the number of shares issued at the time of the passing of the ordinary resolution.