Since my last column on Maple Leaf Foods (OTCPK:MLFNF), the company has made several announcements that provide investors clarity on its strategy to become a pure play protein business.
The market has also rewarded shareholders handsomely (up at one point up 25% from the recommendation price), although a recent pull back in the share price could be providing risk-averse investors another chance to invest at a good price. In the previous column, I indicated that shares could see 40 to 50% appreciation by the end of 2015, on the back of margin expansion and a multiple re-rating to reward Maple Leaf on becoming a pure play in the meat business.
(click to enlarge)
As I indicated...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|