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Danke 👍🏼
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@leonurb with pleasure ! Could be a good long entry opportunity if the price drops a little ☺️. High cocoa price, high interest rate, they are holding up well anyway, if both turn around they should profit from it in my opinion due to the high margins. But let's see.
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@BamBamInvest I think so too. Due to the rise in cocoa prices, cocoa was already considered a speculative commodity to a certain extent. As soon as prices stabilize in the medium term, we will see an upward trend again. In addition, the growth in salty snacks should not be underestimated in the long term.
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Would almost disregard the cocoa prices in relation to the product and the margin, the product contains so little cocoa that the chocolate is not even considered chocolate in the UK. However, as the product is known for "chocolate", it was to be expected that the price would fall due to investors.