MAGINDUSTRIES CORP (MAAFF.PK)
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Canaccord Adams Bullish on Fertilizer Companies [view article]
Agriculture is the way to go,last few weeks are proof of that!!On Jul 10 04:30 PM User 223471 wrote:
> PLEAS REFER TO ANOTHER GEAT Ag STOCK: ICL.TA (some places known as:ichem.TA) Reply
Canaccord Adams Bullish on Fertilizer Companies [view article]
PLEAS REFER TO ANOTHER GEAT Ag STOCK: ICL.TA (some places known as:ichem.TA) ReplyCanaccord Adams Bullish on Fertilizer Companies [view article]
Nice coverage of Potash. Glad to finally see a mention of MagIndustries (MAAFF.PK , MAA.V ) a Canadian company. This is the only Potash holding I have, with a nice low entry price of C$ 2.36. They have a 2,265 km2 , 25 year permit in the Republic of The Congo which overlies a massive salt deposit containing carnallite ( magnesium-potassium-ch... ). Proven reserves are 17.9 million tonnes of KCL , with total inferred resources of 1.07 billion tonnes ( 185.9 million tonnes KCL ). The resource is open in all directions and later core-drilling will likely increase it substantially. They plan to solution-mine the carnallite and process it into potash fertilizer in their Potash Plant which starts construction in 3Q08. Initial produstion is planned for 600,000 tonnes/yr , ramping to 1,200,00 tonnes. The plant is only 16 km from West Africa,s best deep-water port , Pointe-Noire , ROC. MagIndustries has already chosen a leading global marketer of Potash and other fertilizer products , Ameropa AG , based in Switzerland , to market all their exports. MAA.V is also planning to construct another plant to harvest Magnesium metal from the same salt brines. They additionally have another Division named MagForestry , also in Rebublic of The Congo, which harvests fast-growing eucalyptus trees for pulpwood log export. They are in the process of converting to wood-chip exports with their new chipmill. Trees are grown on their 68,000 hectare, 50 year permit , with 25,000 hectares still unplanted. If that,a not enough , they have a third Division , MagEnergy , which is in hydro-power and revamping an extensive power network in the ROC which also sells power to the copper mines in Zambia & The Democratic Republic ofThe Congo. This is obviously a buy, wait , & hope investment ,but everything I read about Potash says strong demand for many years. ReplyCanaccord Adams Bullish on Fertilizer Companies [view article]
Carl martin, I agree with you. Does that make you happy? ReplyCanaccord Adams Bullish on Fertilizer Companies [view article]
I'm glad at least someone agrees with me! ReplyCanaccord Adams Bullish on Fertilizer Companies [view article]
It is the best sector. I own POT, AGU MOO and YARIY. ReplyPotash/Fertilizer Industry: The Week That Was [view article]
investER, ReplyPotash/Fertilizer Industry: The Week That Was [view article]
I am a Chinese invest, I do investment on chinese potash company- Salt Lake Potash Co. , the company got double wins on the price incresment of potash. The import price to China now is about 700usd CIF, and the cost for the production is only about 130usd. You can image how profitable for the company in the following years. It makes more than 2M tonnes a year, occuping 20% of the market.Now the company worths about 8-9 billion US.
The problem is the potash price is already so high, it will hurt the end farmers. Now Chinese government controls the pricing (the price for the local potash is about 500usd last in later March and no new price has been issued since then). Otherwise the stock crazy bull in China will boost the stock selling at 18 billion, I guess.
Sorry for my terrible English writing. Reply
Potash/Fertilizer Industry: The Week That Was [view article]
Potash-POT: Sinofert says they will have a 3M shortfall, a positive for POT@BMOCMay 6, 2008 10:44:00 AM
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BMO Capital said Sinofert Holdings, the largest distributor of imported fertilizers in China, expects a 3M ton shortfall in China this year. The firm views this as positive for POT and pricing.
3,000,000 tons shortfall.
IPI the largest US supplier only makes 980,000 tons at full capacity !
Pot is going UP UP UP.
Reply
Potash/Fertilizer Industry: The Week That Was [view article]
anybody know when IPI (intrepid potash) will be releasing the quaterly earnings???? ReplyPotash/Fertilizer Industry: The Week That Was [view article]
I do think potash is in the bubble formation phase. I know that this is a supply and demand market so my reason for calling this bubble forming is because when the price of a product gets too high, people find something different to do the same job. It may take some time but when the heat is on things get done. I'm both long and short on potash. I bought AGU in December '07 with the expectations of seeing it to $65 by the end of '08. I sold at $86 and I am happy because I exceeded both profit and time expectations. When IPI came along I picked up as much as I could, yes I did pay a little more than I wanted $51, but my expectaions are to see $65 in 2 years. Thats my long side. I play the short side as well, I figure as long as emotional people are buying and selling for whatever reason I might as well make a few hundred on the side every few days. If I don't loose my profits I'll be buying long on these. I may not have made any point with this post that's because I forgot the point I was trying to make. ReplyPotash/Fertilizer Industry: The Week That Was [view article]
correction i did not mean to say IPI and AGU had reported earnings since AGU is due for earnings on May 2nd, and IPI not for a while.... ReplyPotash/Fertilizer Industry: The Week That Was [view article]
For heavens sake why is it that when certain stocks start going up people misuse the word BUBBLE so darn much? Why is it when a group of stocks like AGU, MOS, POT, Bunge, IPI, report better than expected earings they get slammed and placed in the same capacity as tech stocks from the late 90's, that had hardly the same importance to humans as companies that produce real and tangible needs for survival? WHY? WHY? For once I hope that commentary on the aformentioned stocks exihibit the rewrds that they deserve now and in the future ! ReplyPotash/Fertilizer Industry: The Week That Was [view article]
I think that there is a big difference between the goals of everyone on SeekingAlpha. Day traders, long term investors, momentum investors, technical traders/investors, all of them have different things to say. I wonder if any of you short term traders ( like one day to say, three months ) realize that investing in stocks, short term, is a zero sum zero game where there is a loser for every winner?The only other activities that I can think of where there are more losers than winners is blackjack, slot machines and other forms of gambling.
I am a reader on this site so that I can make intelligent investing decisions. I am retired. I look for safety of principal and income from dividends and capital gains. I am not interest in reading BS.
There are a lot of writers on SeekingAlpha. Some of them actually write good articles.
On POT and the other companies involved in potash, 1. I think there is a monopoly situation. 2. There is also much speculation going on. 3. If some governments take the time to end this "cartel" maybe the price of potash will come down.
Finally, like Arnie, I am a backyard gardener. But unlike Arnie, I do not use any fertilizer. I compost and have an outstanding population of worms. No fooling. As an organic gardener I have an excessive supply of cukes, tomatoes, green beans, zuccini squash, yellow squash, green onions and flowers. My garden is labor intensive and uses only energy from the sun...and I recycle gray water too.
I recommend organic gardening to everyone. I do not recommend POT...just look at the price to tangible book ratio. POT is overpriced and so is potash. Reply
Potash/Fertilizer Industry: The Week That Was [view article]
V winner -- thanks for a possible tipoff. I do recall, however, an enormous ruckus over what was perceived as a trader trying to unfairly blast one of the solar stocks.Mr. Smith -- short-term trading and buying on the dips seem to me only to work when I know that they really are just dips. I'm a novice, and really do want more on how you tell what's what? Thanks. (Hmm. Maybe you could just post notes here when you think it's time to take profit, and when you think it's time to buy! But short of that, my question remains.) Reply