The aim of this show is to provide insights into the overall trends, and the buzzing updates that may impact the market scenario during early trade hours. Watch The Buzzing Trends on Kalkine TV and stay updated. In today’s show, were focussing on food product companies and they’ve fared amid rising Covid cases in Australia
• The First company on our list is the A2 Milk Company. It is a dual listed company – both in New Zealand as well in Australia. The Auckland-headquartered company commercialises intellectual property or IP when it comes to A1 protein-free milk. The share prices of A2 Milk company grew by 6.94 per cent in June.
• Bega Cheese. Founded in 1899 in Adelaide, South Australia, it is an Australian diversified food company with manufacturing sites in New South Wales, Queensland and Victoria. Bega Cheese won many fans after its acquisition of Lion Dairy & Drinks - also known as LDD, which completed in January this year.
• A final food product company to look at is the Costa Group Holdings. Founded in 1888, the company is Australia's largest horticultural company. It is also a major supplier of produce to food retailers in that country. The company recently announced the successful completion of the retail component of its fully underwritten 1 for 6.33 pro rata accelerated renounceable entitlement offer with retail rights trading.