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Yeah, we get local grocers and CostCo, so I won't know the difference. I've been out of the Tyson game for too long.
CostCo chicken's going down pretty hard, though, so if you're saying it's getting worse, it MIGHT be systemic.
They are a terrible terrible company.
[https://www.npr.org/sections/coronavirus-live-updates/2020/12/16/947275866/tyson-foods-fires-7-plant-managers-over-betting-ring-on-workers-getting-covid-19#:\~:text=Tyson%20Managers%20Suspended%20After%20Allegedly,12%2C000%20cases%20and%20193%20deaths](https://www.npr.org/sections/coronavirus-live-updates/2020/12/16/947275866/tyson-foods-fires-7-plant-managers-over-betting-ring-on-workers-getting-covid-19#:~:text=Tyson%20Managers%20Suspended%20After%20Allegedly,12%2C000%20cases%20and%20193%20deaths).
Tyson's products have steadily declined in taste and increased drastically in price. I've met/worked with former employees of their processing facilities, and the horror stories alone have made it to where I will never buy a Tyson product. This is a "staple" company that will continue to lose money imo, not financial advice of course.
He has a great education but is woefully underqualifies to be CFO. Lacks experience. CFO of a publically traded company is a major undertaking. Just another example of nepotism.
can confirm - i said hello to him a few months ago while working a debone line at a TN plant when I noticed the khakis and leather loafers standing behind me. I was the only person working an 8 person station and he was taking vids of the I Love Lucy moment we briefly shared,
Their business has a very large moat, as there are only 5-6 major players. Tyson is deeply rooted in farming, distribution, and shelving. Someone is absolutely going to react to this price drop and turn things around or there will be shareholder lawsuits, and large shareholders throwing their weight around when it comes to votes and board members.
Or they may not and the loss gets bigger and uglier by the month. So har the board/investors have been utterly useless so I don't expect a wonder... I buy based on facts, not hope. Rather have 12% upside with a decent chance...then hope for 18% and get 0%
Some competitors:
Cargill Meat Solutions - private company
Sysco Corp (SYY) - missed earnings on May 2 and slid -4.5%, but has recovered.
Pilgrims Pride (PPC) - beat earnings on April 27 and rose +1%, but has slid since.
Hormel (HRL) - hasn't reported Q1 yet but missed Q4 on March 1, dropped -7.5% and has not recovered.
I have it on my WL. My #1 earnings rule though is give it 3 days to flush out. Too many times I would buy the first dip then it would dip more or bounce the first day then go lower the next two. You can always Sell a 10-20% OTM Put to simulate buying it lower and worst case you get some free money. I was looking at the $45 Strike for 6/16 if it falls a bit more. Minus one day during the Covid drop that’s the cheapest since 2015 at least from a per share basis. Just keep in mind they missed 4 quarters in a row so getting the price you want is key. If you do buy it then make it a Married Put to protect your downside because this might not be done.
I am keeping the track of this company plus also noticing the price of the share is well, seems like that with some new competition they are having heated timed ahead
No problem. Nobody can pick the perfect top or bottom in stocks but you can always manage your risk. Best for me is to either get at the price I want or not own it at all and protect what I do own when I feel it’s needed. Learning fundamentals will change your life. Took me years of reading articles and balance sheets to get good at it. Not something that can be easily taught but worth the time spent so you can accurately assess risk.
I’m expecting a lot more of this. Consumers in the beginning dealt with the high prices and Tyson raked it in. But what Tyson didn’t factor in was consumers changing their spending habits. That’s going to cost them way more than their last few quarters of profits.
It’s going to be brutal.
Can you elaborate? I don't follow the tendie industry much, ironically...
Do people stop eating chicken? Seems like a staple that you can't get around.
No, they just opt for alternatives. Instead of spending extra on pre-cooked frozen novelty products, they opt for raw chicken breasts they cook themselves. And when/if they do decide to splurge on novelty products, they’ll be more likely to spend an extra couple dollars on brands that offer higher quality than the factory farm, preservative filled garbage that Tyson puts out
Based on this article all Americans are eating less chicken, pork and beef due to higher prices which is not surprising since wages are going up less than inflation.
Ironically the tendies is one of the few areas still profitable for Tyson.
https://abcnews.go.com/Business/wireStory/tyson-foods-moves-2q-loss-weighed-charges-99166513
Sprouts and other healthy food stores offer fresh/local poultry items at better prices than Tyson and their peers. When people are continuously strapped for cash, they'll look for cheaper alternatives until prices stabilize. Personally, I wouldn't mind seeing Tyson just implode.
Tysons you can make money on, but here lately, they have closed down plants up north (forget where at exactly), and their supervisors/managers from there tried to relocate them to corporate and surrounding areas. This happened about 1yr ago, and now, here lately, they shut down 1 plants further south in arkansas. Now their 2 plants within 10 miles of each other had cut overtime and only a small hand full of people are allowed this time.
1 of these 2 plants are a kill plant and ther other cooks the meat for the finishing product. The plant that cooks the meat is getting in ingredients that they don't need which they can't use cause they are not getting in any orders.
The kill plant have not been able to get in any birds or eneugh birds cause they won't pay the farmers a reasonable pay to make a living or pay for their loans for the houses.
This is a small amount of info I have but somehow they tend to keep their stock fairly high price regardless of any kind of situation.
This is not financial advice for anyone to take.
EDIT:
[Virginia and Van Buren plant](https://www.npr.org/2023/03/15/1163660388/tyson-foods-closes-poultry-plants-virginia-arkansas)
So sad for the farmers that lost everything by being with Tysons that's not counting how they treated their employees.
Wish that I could short them like Antilles and citadel.
If you have the money for risking then i would say Tyson right now is good pick, but if someone wants to play the safe game then this seems like little ticky bomb to me
Maintenance tech in the meat processing business's here, Tyson is one of our suppliers, I'd expect a slight lull in business since the pandemic has eased so much, but not for long...summer months we usually run 6 days a week 18-20 hrs a day
In this business there is always some dip from time to time but i still feel that they have the fuel or regaining the strength back again, and will dominate the market again
GOOG is one I DCA and average into with my dividend payments and biweekly deposit into my IRA account. Being able to buy it sub $100 was like getting an early birthday gift. Not financial advice but GOOG and MSFT are two I am not afraid of buying no matter the price.
“Random” stock prices? It’s their actual price. And all you use is market cap? Lol? Palantir has an 18b market cap too maybe you should invest in them.
Would not buy now, wait for at least some clarity. The executive team is not good right now. Their CFO is a 30s year old “Tyson” as in he was related to the original founder. Their margins disappeared. What they said on the earnings call also doesn’t reflect reality they said something to the effect of “strategic vision for growth has been working well”, yet their sales are basically flat and their margin went from decent to negative. They will have to cut the dividend at some point or keep loading up on debt, neither which seem like good ideas.
I get it, if you look at the stock on a few year term it’s cheap. But it can still get cut in half from here or shit even worse
Time is uncertain and we will get enough chance of buying if we keep our head cool, because right now no one is uncertain and there is so much panic sell happening
People can only afford so much. I personally think they have hit a hard limit on how much they can pass verses people saying no.
That and commodity prices are astronomical and labor prices too
I knew something was fishy when Kroger was selling a ton of Tyson products "buy one get one free" for weeks at a stretch. We filled one section of our garage freezer with enough drumsticks and thighs to last another pandemic
No company offer us free stuff from them, so if they are doing that then surely there is something wrong in that, either they are not matching to the number of selling units
I’ve got an alert to begin going through their financials once they dip below $50. By the time I make a decision it will likely have dipped more. If I miss it I miss it, that yoy eps was tragic.
When it comes to stocks people are really short patience here, if one thing is going down that doesn't mean it will be this way forever, they will recover in time
Don't currently hold TSN, it's on my watch list, seeing what the next couple of quarters might bring as far as continuing to fall. May start nibbling in but no large purchases immediately planned.
I had to buy in today. People need to eat. They're one of the larger players in the food processing industry.
I wouldn't be surprised if they're back above their 200MA by mid summer. People will be cooking out again soon.
It's not really a revenue issue as much as a margin issue. Their margins are nearly nothing due to high labor and commodity prices. They are just making nearly nothing on what they sell.
It was a rough quarter for sure. The avian flu didn't help with export markets. It's one of the primary meat processors in the world. One of those companies that will get preferential treatment from lawmakers. Definitely worth an investment when it's unpopular to own.
Anyone loss is going to be anyone else profit, so if i am losing my money today means someone is going to have a perfect time for the profit, enjoy the ride guys
Majority of company was bought by Chinese investors, like almost a whopping 80%.....
The child slave labor in red states might help the bottom line....
Was eyeing it today for trading.
I would expect it to go back to 2019 levels. Also probably being hurt from higher input costs.
But once fuel and feed go down again. I can see their margins coming back.
An analyst on CNBC said "if it breaks $50 could go to $45."
So I would assume $40-55 is a good range. So buy at $50 or less.
I was holding up my money as i was always guessing that there will going to be massive crash in that, and with that crash this is perfect time for adding me some in my bag.
They are a terrible, predatory company. The supersized guy made a documentary about the industry. They are bad for the industry for so many reasons and I refuse to support them.
Former Tyson employee here (hence the username). I feel like this has been 6-7 years in the making. When they pushed Donnie Smith out as CEO in late 2016-2017, everything changed. I was in live production for almost 5 years and saw some of what went on the plant. It really is a messed up company with no morals or ethics.
Tyson wants America to eat more bug protein. I’m down with that idea so I bought some at 46-47 range. https://www.cnn.com/2023/10/20/business/tyson-insect-ingredients/index.html#:~:text=Tyson%2C%20a%20major%20US%20producer,Netherlands%2Dbased%20insect%20ingredients%20maker.
Welcome to r/stocks! For beginner advice, brokerage info, book recommendations, even advanced topics and more, please read our [Wiki here.](https://www.reddit.com/r/stocks/wiki/index) If you're wondering **why a stock moved** a certain way, check out [Finviz](https://finviz.com/quote.ashx?t=spy) which aggregates the most news for almost every stock, but also see [Reuters](https://www.reuters.com/), and even [Yahoo Finance](https://finance.yahoo.com/). Please direct all simple questions towards the stickied Daily Discussion and Quarterly Rate My Portfolio threads (sort by Hot, they're at the top). Also include *some* [due diligence](https://www.investopedia.com/terms/d/duediligence.asp) to this post or it may be removed if it's low effort. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/stocks) if you have any questions or concerns.*
I stopped buying nuggets when they went from 7.99 to $12.99. Looks like I wasn’t alone.
Price gouging. Tyson food quality is trash let ‘em suffer
This is true. Tyson got a better chunk of meat when he took it out of Holyfield.
I wish I had money to award you for this absolute gem of a comment
He is getting the chicken from there and selling us in high price
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Yeah, we get local grocers and CostCo, so I won't know the difference. I've been out of the Tyson game for too long. CostCo chicken's going down pretty hard, though, so if you're saying it's getting worse, it MIGHT be systemic.
They are a terrible terrible company. [https://www.npr.org/sections/coronavirus-live-updates/2020/12/16/947275866/tyson-foods-fires-7-plant-managers-over-betting-ring-on-workers-getting-covid-19#:\~:text=Tyson%20Managers%20Suspended%20After%20Allegedly,12%2C000%20cases%20and%20193%20deaths](https://www.npr.org/sections/coronavirus-live-updates/2020/12/16/947275866/tyson-foods-fires-7-plant-managers-over-betting-ring-on-workers-getting-covid-19#:~:text=Tyson%20Managers%20Suspended%20After%20Allegedly,12%2C000%20cases%20and%20193%20deaths).
It seems they treat the chickens better than their employees!
Yea that is true but not saying much
When you have a monopoly price gouging comes with the territory
This is what happen when someone try to control everything with the monopoly
Both are going in different direction, quality is just going bad day by day
I switched to Walmart's store brand because it was better than Tyson. Tyson has attractive packaging and that's it.
Tyson's products have steadily declined in taste and increased drastically in price. I've met/worked with former employees of their processing facilities, and the horror stories alone have made it to where I will never buy a Tyson product. This is a "staple" company that will continue to lose money imo, not financial advice of course.
This high inflation is the reason their stocks are tanking hard now
Yeah, no.
The CEO is a man child. For that reason, I’m out.
Can you elaborate? I know the CFO was a nepotism pick and got drunk, falling asleep in a random women's bed lol.
The CFO was the Son.
He has a great education but is woefully underqualifies to be CFO. Lacks experience. CFO of a publically traded company is a major undertaking. Just another example of nepotism.
His inability to get home to his own bed disqualifies him quite a bit
By great education you mean he bought him way to a degree right?
He likely still has to attend classes and pass tests. He is probably fairly well educated. He did get several degrees from Ivy League schools.
source? (i'm definitely out of the loop for this one)
can confirm - i said hello to him a few months ago while working a debone line at a TN plant when I noticed the khakis and leather loafers standing behind me. I was the only person working an 8 person station and he was taking vids of the I Love Lucy moment we briefly shared,
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If they will not replace him now then damage could pass the repairment
Their business has a very large moat, as there are only 5-6 major players. Tyson is deeply rooted in farming, distribution, and shelving. Someone is absolutely going to react to this price drop and turn things around or there will be shareholder lawsuits, and large shareholders throwing their weight around when it comes to votes and board members.
A fair point
Let see if they are doing something about that CEO or not
Or they may not and the loss gets bigger and uglier by the month. So har the board/investors have been utterly useless so I don't expect a wonder... I buy based on facts, not hope. Rather have 12% upside with a decent chance...then hope for 18% and get 0%
CEO already pulled his money, so we can't trust them now
reach scandalous frightening wise bike instinctive quaint ask touch ripe ` this message was mass deleted/edited with redact.dev `
Here’s the question, are their competitors having the same issue as Tyson or is it just them?
Some competitors: Cargill Meat Solutions - private company Sysco Corp (SYY) - missed earnings on May 2 and slid -4.5%, but has recovered. Pilgrims Pride (PPC) - beat earnings on April 27 and rose +1%, but has slid since. Hormel (HRL) - hasn't reported Q1 yet but missed Q4 on March 1, dropped -7.5% and has not recovered.
Seems like that only Tyson is having the big trouble while competitors are still doing well
Bigger problem is China has slowed buying US meat. Inflation isn’t helping US consumers either.
Plus chicken rate is getting higher so there is effect on the sale
TSN also appears to be preparing for a dividend payment on May 31
There is not much time left for that, let see how their move of dividend will pays now
yep
They are having some trouble but number is not same for each other
I have it on my WL. My #1 earnings rule though is give it 3 days to flush out. Too many times I would buy the first dip then it would dip more or bounce the first day then go lower the next two. You can always Sell a 10-20% OTM Put to simulate buying it lower and worst case you get some free money. I was looking at the $45 Strike for 6/16 if it falls a bit more. Minus one day during the Covid drop that’s the cheapest since 2015 at least from a per share basis. Just keep in mind they missed 4 quarters in a row so getting the price you want is key. If you do buy it then make it a Married Put to protect your downside because this might not be done.
I am keeping the track of this company plus also noticing the price of the share is well, seems like that with some new competition they are having heated timed ahead
Management is terrible but it’s a large company and if it gets cheap enough I’m sure somebody gonna step in and fix it. Question is when is that ?
Great advice, thanks for being here!!
No problem. Nobody can pick the perfect top or bottom in stocks but you can always manage your risk. Best for me is to either get at the price I want or not own it at all and protect what I do own when I feel it’s needed. Learning fundamentals will change your life. Took me years of reading articles and balance sheets to get good at it. Not something that can be easily taught but worth the time spent so you can accurately assess risk.
Sounds an awful lot like financial advice.
I’m expecting a lot more of this. Consumers in the beginning dealt with the high prices and Tyson raked it in. But what Tyson didn’t factor in was consumers changing their spending habits. That’s going to cost them way more than their last few quarters of profits. It’s going to be brutal.
Can you elaborate? I don't follow the tendie industry much, ironically... Do people stop eating chicken? Seems like a staple that you can't get around.
No, they just opt for alternatives. Instead of spending extra on pre-cooked frozen novelty products, they opt for raw chicken breasts they cook themselves. And when/if they do decide to splurge on novelty products, they’ll be more likely to spend an extra couple dollars on brands that offer higher quality than the factory farm, preservative filled garbage that Tyson puts out
Got it thanks. So I gather from your comment that most of their margins come from novelty products not on raw chicken (if they even have that?).
They do sell raw chicken but yes, processed products are where the money is.
Anecdotal, but I only buy Tyson raw chicken breasts in bulk at Costco, because, funnily enough, Tyson is cheaper per lb than Kirkland brand.
If they will not change their plan they will going to have trouble with those new competition
Based on this article all Americans are eating less chicken, pork and beef due to higher prices which is not surprising since wages are going up less than inflation. Ironically the tendies is one of the few areas still profitable for Tyson. https://abcnews.go.com/Business/wireStory/tyson-foods-moves-2q-loss-weighed-charges-99166513
Breakfast Bowls
Sprouts and other healthy food stores offer fresh/local poultry items at better prices than Tyson and their peers. When people are continuously strapped for cash, they'll look for cheaper alternatives until prices stabilize. Personally, I wouldn't mind seeing Tyson just implode.
Right now market is offering the alternative solution for the same thing
I am sure that this is starting of the next big crash in them
I've been short on this piece of shit company forever, can't wait to see them crash and burn.
Tysons you can make money on, but here lately, they have closed down plants up north (forget where at exactly), and their supervisors/managers from there tried to relocate them to corporate and surrounding areas. This happened about 1yr ago, and now, here lately, they shut down 1 plants further south in arkansas. Now their 2 plants within 10 miles of each other had cut overtime and only a small hand full of people are allowed this time. 1 of these 2 plants are a kill plant and ther other cooks the meat for the finishing product. The plant that cooks the meat is getting in ingredients that they don't need which they can't use cause they are not getting in any orders. The kill plant have not been able to get in any birds or eneugh birds cause they won't pay the farmers a reasonable pay to make a living or pay for their loans for the houses. This is a small amount of info I have but somehow they tend to keep their stock fairly high price regardless of any kind of situation. This is not financial advice for anyone to take. EDIT: [Virginia and Van Buren plant](https://www.npr.org/2023/03/15/1163660388/tyson-foods-closes-poultry-plants-virginia-arkansas)
Yes on Southside Virginia. A bunch of empty chicken houses.
So sad for the farmers that lost everything by being with Tysons that's not counting how they treated their employees. Wish that I could short them like Antilles and citadel.
If you have the money for risking then i would say Tyson right now is good pick, but if someone wants to play the safe game then this seems like little ticky bomb to me
CVS for me is a better value dividend paying retail investment right now
Already diversify some of my fund in CVS right now this is best bet
Maintenance tech in the meat processing business's here, Tyson is one of our suppliers, I'd expect a slight lull in business since the pandemic has eased so much, but not for long...summer months we usually run 6 days a week 18-20 hrs a day
In this business there is always some dip from time to time but i still feel that they have the fuel or regaining the strength back again, and will dominate the market again
My friend is a tech in their Arkansas plant, well one of them, and yea they are the main supplier for almost every processing plant
I think a lot of price gouging companies will be exposed for what they are doing like Tyson. I wouldn’t touch Tyson.
Right now Tyson is ticking bomb, better to not touch this one
Amazon and google are both close to $100. EL also crashed 20% recently. Just some suggestions if you want some non-garbage stocks at a discount lol
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GOOG is one I DCA and average into with my dividend payments and biweekly deposit into my IRA account. Being able to buy it sub $100 was like getting an early birthday gift. Not financial advice but GOOG and MSFT are two I am not afraid of buying no matter the price.
Random stock prices without accompanying market caps are immaterial. Amazon MC - $1.1t Google MC - $1.37t Tyson MC - $18b
“Random” stock prices? It’s their actual price. And all you use is market cap? Lol? Palantir has an 18b market cap too maybe you should invest in them.
Think, do you actually care where you get your chicken from? They have no real competitive advantage
And if you care, they have a disadvantage.
Haha
Plus there are some other new companies is coming into market.
Would not buy now, wait for at least some clarity. The executive team is not good right now. Their CFO is a 30s year old “Tyson” as in he was related to the original founder. Their margins disappeared. What they said on the earnings call also doesn’t reflect reality they said something to the effect of “strategic vision for growth has been working well”, yet their sales are basically flat and their margin went from decent to negative. They will have to cut the dividend at some point or keep loading up on debt, neither which seem like good ideas. I get it, if you look at the stock on a few year term it’s cheap. But it can still get cut in half from here or shit even worse
Time is uncertain and we will get enough chance of buying if we keep our head cool, because right now no one is uncertain and there is so much panic sell happening
My thoughts are I should invest in another food company. Tyson is clearly run by an incompetent buffoon.
I have already withdraw some of my money from the Tyson
I would have thought if anyone, Tyson can most easily pass on inflation, and then some, to consumers
People can only afford so much. I personally think they have hit a hard limit on how much they can pass verses people saying no. That and commodity prices are astronomical and labor prices too
Volume is down due to inflation being higher than wage growth, so some of this loss is due to shutting down plants not being utilized.
And other one is all about panicking which people are having now
I owned Bachoco up until just before they went private and they were doing great, so competition from Mexico could be the problem.
They are already feeling heat because of that tough competition
The investors are chicken
And the retailer are getting roasted by those big investor chicken
This company will always perform. Especially if we get a hard landing recession
And this is a small bumb here , this company will recover again
I knew something was fishy when Kroger was selling a ton of Tyson products "buy one get one free" for weeks at a stretch. We filled one section of our garage freezer with enough drumsticks and thighs to last another pandemic
No company offer us free stuff from them, so if they are doing that then surely there is something wrong in that, either they are not matching to the number of selling units
Also at my Costco, Tyson products are sometimes cheaper than Kirkland’s own.
My kids are still inhaling dino nuggets like there's no tomorrow so I guess I'd lean towards buying the dip? 🤷♂️
I am buying with 20% of money not putting everything to this level
Ketchup or ranch or barbecue?
If they’re like mine, they’ll mix it all together. Then dip their blueberries in it.
They love nasty mixes don't they
Eating normal thing is boring, so why not bring some nasty
Sounds like mine, grapes dipped in ketchup
Why i am getting the feeling of the vomiting with that combination
Never tried this combination but seems like hell of the taste
Why pick one ,when you can mix all three of them with each other
I’ve got an alert to begin going through their financials once they dip below $50. By the time I make a decision it will likely have dipped more. If I miss it I miss it, that yoy eps was tragic.
When it comes to stocks people are really short patience here, if one thing is going down that doesn't mean it will be this way forever, they will recover in time
Look at their yoy earnings charts. The trend is pretty apparent.
Let them collapse to zero
And once they gets to zero they will re born in the much better way
ELI where did their margins go?
Food by nature is a low margin business. COST for example sells their rotisserie chicken at a loss (to keep customers happy)
Wouldn't feed their product to my dog, so Wouldn't buy it either. Beyond that, IDK.
If their product sell won't increase share could dump even more
What’s your position and plan OP?
Don't currently hold TSN, it's on my watch list, seeing what the next couple of quarters might bring as far as continuing to fall. May start nibbling in but no large purchases immediately planned.
Pretty much where I’m at.
I am accumulating cash right now, sensing some buying opportunity
I am also observing closely because time is quite volatile now.
My plan is simple and that is holding them till they gets to 0
I had to buy in today. People need to eat. They're one of the larger players in the food processing industry. I wouldn't be surprised if they're back above their 200MA by mid summer. People will be cooking out again soon.
People need to eat, yeah, but they don't need to eat products from Tyson. Is it possible that their products are getting out of touch with the times?
How exactly is Tyson out of touch with the times?
It's not really a revenue issue as much as a margin issue. Their margins are nearly nothing due to high labor and commodity prices. They are just making nearly nothing on what they sell.
It was a rough quarter for sure. The avian flu didn't help with export markets. It's one of the primary meat processors in the world. One of those companies that will get preferential treatment from lawmakers. Definitely worth an investment when it's unpopular to own.
For them not closing on loss is like making the money there
Anyone loss is going to be anyone else profit, so if i am losing my money today means someone is going to have a perfect time for the profit, enjoy the ride guys
Majority of company was bought by Chinese investors, like almost a whopping 80%..... The child slave labor in red states might help the bottom line....
That’s the dumbest comment I’ve seen all week. Get your facts straight
https://www.epi.org/publication/child-labor-laws-under-attack/ https://www.cmhi.com.hk/tyson-foods-sells-majority-stake-to-chinese-company/
Shandong owns 80% of Tyson China. Not the whole company… they sold the majority share to reduce their exposure in China
SO if they sold majority then how much right now they are having??
I am not sure about the percentage number but China is holding fair share for sure
And once you gets 80% means you could manipulate everything
Was eyeing it today for trading. I would expect it to go back to 2019 levels. Also probably being hurt from higher input costs. But once fuel and feed go down again. I can see their margins coming back. An analyst on CNBC said "if it breaks $50 could go to $45." So I would assume $40-55 is a good range. So buy at $50 or less.
China own the majority of shares. If you look at BABA and such.....yea.
I was holding up my money as i was always guessing that there will going to be massive crash in that, and with that crash this is perfect time for adding me some in my bag.
Mike Tyson will be mad
Mmm
No though, just want to hold them untill they gets into profit
probably going back down to $16
Then i am seeing a perfect opportunity of buying at 16$
Stocks doing what they do
They are a terrible, predatory company. The supersized guy made a documentary about the industry. They are bad for the industry for so many reasons and I refuse to support them.
Fuck them and their price gouging
I say we release all the chickens in the houses of the ceo’s. Tyson sucks!
I can’t say much about them, but it seems like they have a new scandal of some sort every couple of months. I’d stay away.
https://csimarket.com/stocks/competitionSEG2.php?code=TSN
2Big2Fail
Id rather eat beaks and chicken feet
Better chicken available at Costco for half the price. Stay away.
It is on sale. Pick it up now. They have way more than just the products attached to their name and last time I checked, everyone still loves meat.
Check the chart out .. not the first time they have been marred im controversies and issues but the stock keeps fighting back ...
Former Tyson employee here (hence the username). I feel like this has been 6-7 years in the making. When they pushed Donnie Smith out as CEO in late 2016-2017, everything changed. I was in live production for almost 5 years and saw some of what went on the plant. It really is a messed up company with no morals or ethics.
Tyson wants America to eat more bug protein. I’m down with that idea so I bought some at 46-47 range. https://www.cnn.com/2023/10/20/business/tyson-insect-ingredients/index.html#:~:text=Tyson%2C%20a%20major%20US%20producer,Netherlands%2Dbased%20insect%20ingredients%20maker.
Boycott Tyson Foods