BUY: RCL FOODS Share price: R10 JSE code: RCL

The market found it tough to digest RCL’s recent trading statement — covering the year to end-June — which showed the bulky commodity businesses in poultry and sugar struggling. On the plus side, the grocery business, which carries higher margins, looked in far better shape. If RCL could bulk up this side of the business, the market might find the company a more appetising prospect...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now