Thursday, December 31, 2015

Swing Trader: Illiquid stocks - CNPF

Century Pacific Food, Inc. (PSEI Stock code: CNPF) is one of my stock picks for swing trading

- Selling processed canned goods (Century tuna, 555 tuna)
- Since everybody is into healthy lifestyle their product is offering for such.
- No long-term/short-term borrowing (2014).
- It can penetrate other regions with Filipinos
- Products can be seen in SM supermarkets, SSI (Family Mart), 7-Eleven, Puregold(PGOLD) and other various groceries stores.
- Worst if all supermarket distribution closed down can be disributed directly to household.
- Even if the technology advances I still be eating tuna.

 This is not a recommendation

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