Endesa Chile ADR (EOC)

All Comments on EOC

  • commenter
    David Lentz
    Sep 04 01:27 PM
    Chile, Facing Challenges, Sees Stocks Stall in the Second Quarter [view article]
    In addition to being a large fertilizer producer, SQM is also the world's largest supplier of lithium, making SQM (and indirectly ECH) an interesting play as 2010 approaches, with the promise of plug-in electric hybrid vehicles utilizing lithium-based batteries (there are a number of assumptions required to get here, but they seem pretty sound) with amounts of lithium FAR in excess of that used in the typical notebook computer or camera battery.

    While fertilizer sales are headed lower -- temporarily, people still need to eat, and the last time I checked, they were still making people at a ridiculous rate -- this is a temporary situation that is probably best treated as an opportunity to accumulate more SQM. Hopefully, the managers of ECH will be loading up on SQM at depressed levels.

    Food never goes out of favor for long, and it takes fertilizer to make food.

    disclosure: yes (isn't it obvious?), I own SQM.     Reply
  • commenter
    SeekingAlpha
    Editors
    Apr 06 05:20 AM
    My Website
    General Discussion on EOC
    Is this a buy or a sell? Reply
Loading...
Symbols:
Authors:
Quick Links: