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Entries Tagged ‘Conglomerate’

It is time to buy Zhongpin, Inc. (HOGS)

2008: there are 1.3 billion Chinese
Their favorite food PORK
2080 there are 2.0 billion Chinese
Their favaorite food PORK
Who is the most succesful pork conglomerate in China?
Zhongpin, Inc. (HOGS) (HOGS: 10.70 -8.55%)
On Oct 10 2008 they (again) raised estimates for 2008
Sales to be $ 550-$570 millions from $ 500 milion
Profits to be up to $ 1.17 a [...]

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Buffett says recession may be worse than feared

“This is not a field of specialty for me, but my general feeling is that the recession will be longer and deeper than most people think,” Buffett said. “This will not be short and shallow.
“I think consumers are feeling gas and food prices,” he added, “and not feeling they’ve got a lot of money for [...]

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