ctedge18
9年前
My family are private egg farmers. CALM is headed way up. Supply is very short, demand is high, fuel prices are dropping, feed prices are at an all time low, the avian flu killed 38.9 million birds, it will take a few years to totally replenish those birds.
Plus California has passed new regulations requiring all eggs to be cage free...even the eggs that are imported into the state. California's rules are rippling beyond its borders compelling producers to put more cage free birds into production.. No state consumes more eggs — and about a third of its supply must be imported....all of this is a perfect storm that will wipe out the shorts. Egg prices and CALM's profits will be high for the foreseeable future.
polkamatic
10年前
Bloomberg:Volatility for Breakfast: Egg and Bacon Prices Go Opposite Ways
by Mark Glassman
11:49 AM EDT
May 27, 2015
This chart shows how the price of the American breakfast is out of sync—and likely to stay that way
You can’t put a single price on the American breakfast—at least, not for any length of time. The cost of foods commonly eaten at breakfast fluctuate independent of one another. The last year has seen egg prices jump and bacon prices crash, while cereal remains almost dead-even.
That different foods will be affected by varying market forces isn't surprising, but ongoing shifts in the cost of breakfast foods have been significant enough to affect how people eat. Cheap bacon, for instance, is suddenly found in all sort of counterintuitive places—even atop veggie burgers.
To track the changing prices paid by consumers for five staples at the breakfast table— eggs, bacon, cereal, bananas, and coffee—we looked at the components of the Consumer Price Index from April 2014 to March 2015. Egg prices jumped more than 5 percent, the biggest gain among the five foods, even as the broader index barely budged. At the same time, bacon prices collapsed.
Some of the price swings in breakfast’s underlying commodities have been more severe than consumers might be able to detect on a trip to the grocery store. The spot price of pork bellies, used to make bacon, fell 54 percent in the 12 months prior to March 31, even though consumers are paying just 7 percent less for the end product, based on CPI data. That’s partly because food manufactures take measure to offset volatility and don’t pass all cost savings or increases on to consumers.
Still, anyone budgeting for a morning meal will have seen things get strange in the past year. Here’s a look at what’s changed—and why.
Eggs
The American embrace of a higher-protein diet has helped drive egg prices higher. Over the past five years the price of eggs climbed by a third—and that was before an outbreak of avian flu started cutting into the nation’s egg supply.
Approximately 40 million birds have been affected since the disease was first detected in December, according to the Department of Agriculture. Earlier this month the USDA lowered its forecast for egg production and now projects an annual decline for the first time since 2008. Goldman Sachs says consumers may spend as much as an additional $8 billion on eggs this year because of the disease.
Companies have already responded. Food manufacturer Post Holdings has warned investors that the bird flu will weigh on its earnings in fiscal 2015. At least one giant distributor, Sysco, is in talks with its customers about switching their menus to cope with costlier eggs. If other companies follow, that could mean a noticeable drop-off in egg items served at restaurants.
Compounding the problem is a new California law that has made egg farming more expensive. The law requires larger cages for hens; even farmers from outside the state who wish to send their eggs to California must abide by the rules. Some farmers have pared hen flocks to make room for larger accommodations, and some outside the state have halted shipments to California. Egg prices in California have surged.
Bacon
Retail bacon prices hit a record high last summer, hovering for months above $6 per pound. Behind the pricey pork was new demand, coupled with a sudden drop in supply caused by a porcine epidemic diarrhea virus that killed more than 7 million hogs. But the high price didn't last long. The hog population rapidly rebounded in the past year, prices dropped dramatically, and bacon suppliers rejoiced. Ohio-based Sugar Creek Packing told Bloomberg News that it is working seven days a week to fill orders and now projects a 15 percent jump in sales this year.
Cereal and Bananas
Breakfast cereal prices have been more or less flat for the last year, as measured by CPI. It’s difficult to raise prices when fewer people are buying. The high-protein trend hasn't helped, and gluten-free diets have been a big problem for cereal makers. Kellogg’s revenue from its U.S. morning foods and Kashi division has been declining since 2011, contributing to the company's having missed overall sales estimates in seven of the last nine quarters. General Mills’ cereal division has held up better after changing the ingredients in some of its products.
Banana prices have held fairly steady over the last year. The most commonly eaten fruit in the U.S. enjoys its preeminence, in part, because it remains so cheap. Pound for pound—and the average American eats more than 10 lbs of bananas per year—the yellow fruit costs less than half the price of apples and oranges. With demand holding steady, any significant change in price would probably have to come from either a new market efficiency that could be passed on to consumers or some disruption to the supply chain. Really bad weather could do this, as could climate change.
Coffee
The consumer price of coffee jumped about 4 percent over the 12 months ending in March, according to the CPI, but a steep drop in futures over the last three months suggests things are on their way back down again. Volcafe, the coffee division of the Swiss commodities trading firm ED&F Man, raised production forecasts earlier this month and now predicts global demand will exceed supply in the 2015-2016 season. Futures fell again after that report. Rising production will take some price pressure off coffee, although with more Americans switching to espresso-based drinks, the decline could be offset for many consumers by price changes in other ingredients.
coffee eggs Prices California Food Consumer Price Index
http://www.bloomberg.com/news/articles/2015-05-27/volatility-for-breakfast-egg-and-bacon-prices-go-opposite-ways
stocktrademan
10年前
$CALM recent news/filings
bullish
## source: finance.yahoo.com
Sat, 02 Aug 2014 17:04:08 GMT ~ CAL-MAINE FOODS INC Financials
read full: http://finance.yahoo.com/q/is?s=calm
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Mon, 28 Jul 2014 19:02:00 GMT ~ Stocks Turn Mixed; Universal Health Hits New High
read full: http://news.investors.com/072814-710619-stocks-mixed-in-higher-volume.htm?ven=yahoocp&src=aurlled&ven=yahoo
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Mon, 28 Jul 2014 19:00:04 GMT ~ Tyson Foods Sells Part Of Its Chicken Business; Dollar Tree Buys Family Dollar
read full: http://finance.yahoo.com/news/tyson-foods-sells-part-chicken-190004896.html
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Mon, 28 Jul 2014 17:29:00 GMT ~ Cal-Maine Quarterly Results Beat But Shares Plummet
read full: http://news.investors.com/072814-710605-cal-maine-results-beat-but-shares-plummet.htm?ven=yahoocp&src=aurlled&ven=yahoo
*********************************************************
Mon, 28 Jul 2014 13:46:00 GMT ~ New Lifetime High For Cal-Maine Foods (CALM)
read full: http://www.thestreet.com/story/12822810/1/new-lifetime-high-for-cal-maine-foods-calm.html?puc=yahoo&cm_ven=YAHOO
*********************************************************
$CALM charts
basic chart ## source: stockcharts.com
basic chart ## source: eoddata.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$CALM company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/CALM/company-info
Ticker: $CALM
OTC Market Place: Not Available
CIK code: 0000016160
Company name: Cal-Maine Foods, Inc.
Incorporated In: DE, USA
$CALM share structure
## source: otcmarkets.com
Market Value: $1,590,512,463 a/o Aug 05, 2014
Shares Outstanding: 21,790,827 a/o Jul 25, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.01
$CALM extra dd links
Company name: Cal-Maine Foods, Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/CALM/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/CALM/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=CALM+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=CALM+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=CALM+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/CALM/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/CALM/news - http://finance.yahoo.com/q/h?s=CALM+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/CALM/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/CALM/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/CALM/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/CALM/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/CALM/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/CALM/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/CALM/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/CALM/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=CALM+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/CALM
DTCC (dtcc.com): http://search2.dtcc.com/?q=Cal-Maine+Foods%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Cal-Maine+Foods%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Cal-Maine+Foods%2C+Inc.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/CALM/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/CALM
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/CALM/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/CALM/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/CALM/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000016160&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/CALM/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/CALM/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/CALM/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/CALM/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=CALM&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=CALM
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/CALM/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=CALM+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=CALM+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=CALM
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=CALM
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=CALM+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/CALM/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=CALM+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/CALM.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=CALM
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/CALM/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/CALM/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/CALM/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/CALM/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/CALM
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/CALM
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/CALM:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=CALM
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=CALM
$CALM DD Notes ~ http://www.ddnotesmaker.com/CALM
Banks
18年前
10 people who don't matter
Not everyone with a fancy title really counts. From Microsoft CEO Steve Ballmer on down, here are the people you can safely snub at conferences.
By Business 2.0 Magazine staff
June 22, 2006: 3:29 PM EDT
SAN FRANCISCO (Business 2.0 Magazine) - In putting together "The 50 Who Matter Now," we at Business 2.0 Magazine had to make some hard decisions about who we included and who we left out.
Plenty of people are making a difference - but are they making enough of a difference to score a prime position on our list? Those were tough questions.
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(Click here for a photo gallery of the full list.)
But some choices were easy to make. As we winnowed the list, we found ourselves discarding name after name of people whose power had peaked, whose influence had waned, or whose true importance we felt was overstated.
Indeed, there were some heated arguments about which of the seemingly high and mighty should go into the discard pile. We quickly realized that a list of the people who don't matter would make just as interesting reading as the list of people who do matter. Knowing who has buzz and who merely has hype is valuable, after all.
The list may surprise you. Collectively, these people are worth billions of dollars. They command big salaries and have impressive titles. Among them are the creators of the Sony PlayStation, the DVD, and Linux.
But as respected as they might be for their past achievements, their best days are behind them.
To read the list of 10 people who don't matter - in no particular order, click here.
Mustache Pete
21年前
Psst. Zeev? You around? You still search for your own name? Man, that's trippy. I like this stock, though. I'm giving you a tip.
All right, okay, what's with the scowling face? You just gonna stand there with your hands on your hips? Like some sort of Elmore Leonard leading lady? All right, geez, you win. I'll pay you a compliment. Good calls lately, Buster Brown. Emperor Jones. Boldface Italics. Glory, glory, what a hooeymonger.
A.
jim heger
21年前
CALM roared again today - up another 10%.
The question , of course, is "How high the sky?"
The expected earnings for the qtr. just ending
is about $1.90, & if that comes in there should be enough
positive sentiment to fuel the stock at least a few
more points. At $24 -25 I think I'll start trading
it, since I'll be less concerned about missing a big
move. Based on reasonable projections for this year
(> $6 bucks), it's not hard to see the stock climbing
to $30 - 40 over the next 6 mo.
jim heger
21年前
Thanks for the board, Larry. I've been in CALM since before the announced reverse / privatization. That prospect seemed to keep a lid on the stock (as the 6 mo. chart shows) , but now it's full speed ahead as the stock price tries to keep pace with the price of eggs. If you read mrhardshell on yahoo , you'll get good analysis
& accurate est. - he's looking for about $1.90 this Qtr, I think, &
close to $3.00 Q3.He started a position at $3.50.
There seems to me to be enough 'intangible'here to give the stock a real nice run: 1) a major competitor is being closed down in Ohio, losing 4% of the nations capacity.
2) Cal Maine is the largest producer & is bringing a new facility in Kentucky into production soon.
3) responding to animal rights activists, the gov has required more space/hen, raising the cost of construction to producers, dampening supply.
4) demand appears to be increasing , perhaps due to the popularity of high protein diets.
all considered, the time may be right for this play - with a forward PE of about 3, no analyst attention, defensive cachet,
low float, etc.
good luck - hope that helps.