OB:MOWIFood
Mowi (OB:MOWI) Could Be 13% Undervalued On Its China Processing Push
Mowi’s China expansion puts new focus on growth and risk
Mowi (OB:MOWI) has outlined plans to build at least five salmon processing plants across China. The move increases its local footprint and raises fresh questions about growth, execution risk, and long term profitability.
Mowi’s plan for new Chinese plants comes after a mixed period for investors. The share price is down 17.7% on a year to date basis despite a 5.6% 90 day share price return, while the 3 year total shareholder return of...