RCL gets a sugar rush
The share has perked up after months of funk, thanks to a splendid first half
27 March 2025 - 05:00
In the days preceding the stellar trading update released by mid-cap food producer RCL Foods on February 7, the stock — which had been mired in pedestrian, sideways trading at about the 800c level since October 2024 — surged 26%.
The trading update for the six months to December 2024 and the recent results release, IM believes, were the reset that the lumbering RCL Foods needed...
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