Maple Leaf Foods (MLFNF) reported earnings last week, and despite reporting a great quarter and giving positive future guidance, the stock has just followed the rest of the market lower. It is unquestionable that most companies, including publicly traded companies, have been negatively impacted by the coronavirus. However, as with most adages and general statements, there are exceptions to the rule. I believe MLFNF is such an exception and is being overlooked by the market and is very undervalued at the current level.
Q1 Report
MLFNF reported Q1 revenue of C$1.02