Kaap Agri, part of the KAL Group, is an agricultural company predominantly owned by Zeder, which itself is significantly held by PSG. The company operates more than 190 retail outlets, offering a diverse range of products and services primarily to the farming community. Kaap Agri's business is structured into seven divisions: Pakmark, which supplies packaging...
Previously, Kaap Agri, the KAL Group is an agricultural company owned 40,9% by Zeder, which is, in turn, 43,7% held by PSG. The company operates through over 190 retail outlets offering a wide range of products and services mainly to the farming community. Kaap Agri has seven divisions: (1) Pakmark offers a wide range of packaging materials for the local and...
Previously, Kaap Agri, the KAL Group is an agricultural company owned 40,9% by Zeder, which is, in turn, 43,7% held by PSG. The company operates through over 190 retail outlets offering a wide range of products and services mainly to the farming community. Kaap Agri has seven divisions: (1) Pakmark offers a wide range of packaging materials for the local and...
JSE:KAL reached highs of R58.50 in January 2022 and had a major sell off since then, painting a lower high at R45.25 and two lows around the R34.50 area. Price has been caught in a mini rising channel after testing the R34.50 area and had a bearish reaction at R38.50 in the area of "no man's land" (between the 21 and 50 Week EMAs). This could be a warning that...
The stock is showing a formation of a possible Head and Shoulders pattern. A break of the neckline will give us a signal.
Here we see KAL's descending channel breakout accompanied by an ABC correction. A little late on this one but aiming for the target at the previous high for a 70% estimated appreciation. Good luck and follow me for more!