1Année·

New recording 😂 could not stand again...

What do you think of my new recording? What do you generally think of #hershey ?

I personally think the price is unbeatable. I assume that Hershey is also under pressure from the cocoa price 😱 but it has to go up again at some point. 🚀

6 Commentaires

Korrekturensohn@Korrekturensohn

1Année

I sold Hershey today at a loss, precisely because of the explosion in the price of cocoa. I saw in a documentary that it can sometimes take up to 10 years for a cocoa tree affected by fungus to recover. It sounded as if the supply shock could not be resolved in the short term by increasing production. The futures markets reflect this (for 10 tons of cocoa for delivery in December 26 you still pay a good USD 7,000). Hershey is also assuming that prices will rise or remain the same, otherwise they would not want to stock up massively on futures (https://www.nasdaq.com/articles/cocoa-prices-sharply-higher-hershey-seeks-cftc-approval-huge-cocoa-purchase).

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Tom@Tomtom12

1Année

Dear Mondelez.

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KoenigsRasse@KoenigsRasse

1Année

@Tomtom12 I already have them with me 👍

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Finanzaristokrat@Finanzaristokrat

1Année

You write that the price is unbeatable and that you assume that Hershey is under pressure due to the price of cocoa.

The current price is a falling knife. Do not buy. All EMAs on a daily and weekly basis are broken.

The price of cocoa has risen by 500% and the products are not being bought in the stores.

Ghana had to spend 2 billion to fight the fungal infestation.

In addition, Hershey has applied to buy cocoa on the US stock exchange.

And who knows? Maybe Hershey will be bought out after all.

Conclusion: wait for a bottom.

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OneRiff@Oneriff

1Année

For what I have read about #hershey it’s making a turn to salty snacks and I think over te next 2 years the cocoa price will stabilize at a somewhat lower price. I think $HSY is one to compound on.

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Pascal@TheAmazingInc

1Année

Take a look at the ingredients in Hershey chocolate, there's not much cocoa in it.
Even if the price pressure increases, Hershey is not as badly affected as others in the industry, in my opinion😅

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