jmfwisc's  Instablog

jmfwisc
Send Message
Michael Fritz is the Editor and Publisher of Farmland Investor Letter, a Monona, Wis.-based investment letter that tracks changes in farmland values and lease rates, trends in rental agreements, analysis of buyer and seller demand, and the impact of government farm programs on crop returns and... More
My company:
Farmland Investor Letter
My blog:
Farmland Intelligencer
  • Adecoagro (AGRO) 0 comments
    Jan 27, 2011 11:16 AM
    Our initial opinion on AGRO: Avoid IPO/Consider opportunistic purchases after clarity on restrictions against foreign ownership of Brazilian farmland. Future acquisitions and leasing of Brazilian farmland will be subject to new restrictions, and will require several additional layers of review and approvals which could be discretionary, burdensome and time consuming, acknowledges Adecoagro in its registration filing. This could impact AGRO's stated goal to expand sugarcane planting to 296,520 leased acres by 2016, from 99,791acres now.
Back To jmfwisc's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

  • $AGRO We maintain our AVOID rating on Adecoagro, dispite cut in IPO pricing: $11-$12 vs. $13-$15 & cut in current holder stock sales
    Jan 28, 2011
  • AGRO IPO: Avoid/Consider opportunistic purchases after clarity on restrictions against foreign ownership of Brazilian farmland.
    Jan 27, 2011
More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.