Since the beginning of the year, there has been a decline of just under 14%. Atria also dropped today. Is there something I should know about these meat companies?
I havenât really noticed anything myself.
Iâm pondering whether to take a small extra position before the earnings report with a tight stop-loss. It paid off before the last earnings report, and if Chinese exports show any positive impact on the numbers, another small bounce could be possible.
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Own share purchases ended and it also probably went up a bit too much.
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At least nothing negative has caught my eye. More positive news regarding exports. However, HK has risen almost 50% since October, and now we are probably waiting for Q4 results and confirmation of a turnaround. Earlier in the thread, there was also speculation about Nordeaâs fundsâ large sales, which at least in early January put pressure on HKâs share price. Now, the biggest sales are probably done. Iâm sure it will move upwards again on 6.2 when the results come out.
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I also took a position yesterday and today, and Iâll add more if it drops. The turnaround could bring a significant rise, so itâs a speculative buy. One risk, of course, is the spread of swine fever, but in Finland, we know how to prepare for those things better than elsewhere on average.
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I bought my first batch of HKScan a couple of days ago. My position is currently in the red, but I might add more. Weâll see how it goesâ
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Technically, it looks really good for an ascent.
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I heard that the US-China trade deal included China buying, among other things, pork from the US.
This might partly affect HKâs exports.
Correct me if Iâm wrong 
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The markets are large, and all countries with infections are on the buying side
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The average Chinese person consumes a whopping 30 kg of pork per year, so the market is incredibly huge with over a billion people. The Guardian article gives a little insight into the kind of export potential weâre talking about. The title says it all 
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The biggest seller for the month has been Nordea (which probably emptied some fund) with over a million shares. Today it didnât sell any, but OP filled in and somewhat dampened the rise by slamming shares to the bid during the day.
Buyers for Nordeaâs dump have mainly been Nordnet, Morgan Stanley Europe, SEB, and Barclays.
Technically, there would be a good place for a rise even to 2.85, from which it would be smarter for the fund to start selling again if there are shares to sell. The earnings report could then bring an excellent boost, with which we go well above old resistance levels if the turnaround is real or just coming. There are ingredients for that on many levels.
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Unfortunately, Nordea and Pohjola are killing the rallies by selling off. It would be nice to know how much they have to dump.
I cashed in some small wins because OP and Nordea arenât letting up for a second. Weâll try again if it looks like a change of direction is calling.
https://www.hkscan.com/fi/sijoittajat/omistajat/suurimmat-omistajat/
| Owner | Shares 31.12.2019 | Shares 30.11.2019 | Change in share quantity | Market value of shares 31.12.2019 |
|---|---|---|---|---|
| Nordea Life Insurance Finland Ltd | 427 331 (0.43%) | 1 574 686 (1.59%) | -1 147 355 | 1.02 million |
It doesnât seem like Nordea has much left.
OP Custody Ltd has a fair amount, but Iâm not entirely sure if those are actually OPâs or just in their custody, and there hasnât been a difference in Custodyâs share count during December. OPâs funds had 100,000 units at the end of December, so if they decided to liquidate them, they should flood the market pretty quickly.
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Good that itâs ending. At this rate, itâll take about a week, estimating around 300,000 left. Hard to estimate when it doesnât dump every day.
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No impact on exports⊠when you look at what the USA can supply and how much meat China needs. So it only matters to US exporters. In addition, the Chinese have already bought up US stockpiles. Only imports are missing. And the lack of meat is not only in China but in all of Asia. Vietnam, Thailand, Korea⊠etc. Exports will be booming for at least 3 years⊠prices will fluctuate, but will remain goodâŠ
The real jackpot comes if swine fever hits Denmark, assuming it doesnât spread further north from there.
Letâs put the competitorâs announcement here too: A slight negative from Atria. Revenue growth will remain at 2018 levels, due to slightly weaker sales in Finland and Russia at the end of the year. Operating profit forecast unchanged.
https://www.inderes.fi/fi/tiedotteet/atria-alentaa-vuoden-2019-liikevaihto-ohjeistustaan
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âExports are alluring to slaughterhouses because prices have risen, and even with a cautious estimate, exports are very profitable.â
Is it a fact that meat exports are profitable for Finns? That the Chinese arenât just buying cheaply?
You always have to be alert when Nordea and OP start selling big. Tomorrow, both seem to be taking a hit. Is it a buying opportunity or not?
I sold my HK stocks on 3.1.2020 for âŹ2.63 and Iâm extremely happy with that.
After closing today, I had 83 pcs of Atria left.
Meat companies will stay out of my portfolio for now.
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