China Growth Stocks

[derek2000]

YUII - Middle-man?

They buy some breading chickens, those chickens hatch eggs, the eggs become young chickens, they sold the day old young chickens for a profit (a lot more than the breading chicken they bought).

I would not call this process or the company middle-man, I may call them middle-wives, or middle-chickens. Also, this process is as efficient as you can get, unless someone can use a heater rather than breading chickens to hatch the eggs.

Disclosure, No more shares. I sold my small stake early today after the news but before the run up.

"As for the business, "The company purchases baby parent breeding stocks from primary breeder farms, raises them for hatching eggs, and sells live day-old broilers."

So, in essence, another middle-man chinese company. If food prices go up, their breeding stock prices go up, as do their corn input prices. So where is the upside? Just another middle-man waiting to get squeezed IMO. "