Maple Leaf Foods Inc T.MFI

Alternate Symbol(s): MLFNF

Consumer Defensive Packaged Foods

Maple Leaf Foods Inc. is a carbon neutral company. Its portfolio includes prepared meats, ready-to-cook and ready-to-serve meals, snacks kits, value-added fresh pork and poultry, and plant protein products. It produces food products under brands, including Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina, Greenfield Natural Meat Co., Lightlife, Field Roast and others. Its featured Schneiders products include Schneiders Red Hots Original Wieners; Schneiders Smoked Maple Ham; Schneiders Thick Cut Hickory Smoked Bacon; Schneiders Deli Best Hardwood Smoked Olde Fashioned Ham, and others. Its featured Greenfield Natural Meat Co. products include Greenfield Natural Meat Co. Bacon; Greenfield Natural Meat Co. Breakfast Sausage Rounds; Greenfield Natural Meat Co. Baked Honey Ham; Greenfield Natural Meat Co. Natural Pepperoni Pizza Lunch Kit, and others. It does business in Canada, the United States and Asia.

TSX:MFI - Post by User

Maple Leaf Foods Inc > Recent analyst reports or revised price targets?

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Comment by Puma1backon Dec 30, 2024 5:06pm

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Post# 36381509

RE:RE:RE:RE:RE:RE:Recent analyst reports or revised price targets?

Stock price continues to be under pressure as the tariff wars get closer. Numerous articles now in US press on tariff risks for US farmers - pork will , so to speak, get slaughtered. I will look at a reenter at $16 or so

Defiance2050 wrote: Earnings were according to the majority of analysts a slight miss. Takes some time for newer facilities to stabilize to a normal level of utilization.

Could it be a rush of people out who were expecting a rapid transaction for the split-off, might be.

However adding a couple quarters for missing out on a potential taxable event is significant.

Going of the share price and the approximate 25% number of newco as well as the fact management never mentioned what percentage might have been taxed with the initial plan, it could have been priced in as high as $6 a share that could have been taxed (if there was no ability to tax-defer) or approximately 25% of market price.

For the idea of pork tariffs to Canadian facilities is at this point taking a leap in assumptions. The hypothetical of first USA restrictions being added to the sector and then the leap that MFI's Canadian facilities would be mutually hit. It is unlikely, between COVID restrictions and ASF related issues there many not be enough supply for the China market to reach demand if North America is completely locked out of the market.

This is a hypothetical of another hypothetical happening. Even assuming a $6 a share valuation to newco even supposing China sales support 15-20% of this value and this is a permanent impairement, a $1 a share impact is significantly smaller than remainco's trading multiple increasing.