CPF unaffected by China flu — CPF said the spread of a new bird flu virus strain in China and Vietnam has not affected the company’s businesses there. CPF funs feed mills in China and in Vietnam it focuses on pig and shrimp farms, said president and CEO Adirek Sripratak on Tuesday. He also said it has not affected CPF’s businesses in Thailand, with chicken sales unchanged and prices actually moving up. (Bangkok Post, 12/04/13)
Comment: This stock has had a disappointing 12 months, first the local chicken industry was swamped with massive oversupply for most of 2012 and now this. 2013 turnaround perhaps?