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8 Comments

    • Intrepid Potash IPO: Soaring Shares Signal Fertilizer Bubble? [view article]
      As I was writing, they came out with news on earnings: June 2nd (pre-market)

      biz.yahoo.com/bw/08050...

      GL..       May 07 07:56 PM
    • Intrepid Potash IPO: Soaring Shares Signal Fertilizer Bubble? [view article]
      User 190276 couldn't agree more on being prudent. I don't like "pumpers or dumpers", rather see facts and make up my own mind.
      A point to consider: bubbles are opportunities, until they pop...:))

      GL..       May 07 07:52 PM
    • Intrepid Potash IPO: Soaring Shares Signal Fertilizer Bubble? [view article]
      Here's the exerpt from prospectus (page 2) on price increases: (is this Q1 or Q2??)

      The long term trend of increasing potash prices has accelerated recently. For example, our posted price for red granular potash in Carlsbad, New Mexico has increased 132% from $217 per ton on September 30, 2007 to $503 per ton as of April 1, 2008. Actual prices realized in the market vary due to the timing and receipt of orders, among other factors.

      here's the link to Yahoo financial info on IPI: (under Key Statistics)
      finance.yahoo.com/q/ks...
      Yahoo discloses that info is gathered from Thomson and Capital IQ (Division of S&P) for what its worth.

      GL..       May 07 07:46 PM
    • Intrepid Potash IPO: Soaring Shares Signal Fertilizer Bubble? [view article]
      yahoo site is showing a forward P/E for IPI of around 12. This is more inline with other potash companies like POT and MOS. The float is around 74M shares not 30M + 4.5M like I had thought. I skimmed the prospectus over the weekend and it did mention the 74M. Not sure how they sold 34.5M but ended up with twice the amount. Maybe insiders are accounted also.

      IPI website indicate that they will let investor know this week when earnings will be released. I am expecting sometime in May no later.

      I think I read in the prospectus that $ for MOP/ton has already doubled from ~$250 to over $500. so it should be ok, forecast will be critical and I hope someone in IPI management knows how to articulate it well in the CC, when ever that maybe.
      GL...       May 07 04:03 PM
    • Intrepid Potash IPO: Soaring Shares Signal Fertilizer Bubble? [view article]
      good to see some people are back. V did very well, but I got out maybe a little too soon. IPI has some wild swings over the last 5 sessions or so. Expectations going into earnings maybe too high but its a short term issue. Long term prospects are good. its down to execution for IPI, I'l like to see them increase their market share overseas more, its currently only 1.5%. The US is the world's second largest user of potash and they are strategically located.

      I also have faith in the book runners and co-managers of the IPO. They are the cream of the crop and will help to guide this company forward. the 4.5M over alotment was a nice thank you note. GL       May 06 05:07 PM
    • On Yahoo/ Microsoft: Jerry Yang Should Be Fired [view article]
      Yang did the right thing. YHOO! deserves more than MFT is willing to pay. Jerry is looking after shareholders, just ask Netscape, Lotus...holders and where they are now. MSFT will fold this and shutter one of the marquee internet company. Sure the name will be there, but the guts will be gone.

      There a rough patch ahead for sure, but YHOO! will be stronger I believe.       May 04 08:08 PM
    • Intrepid Potash IPO: Soaring Shares Signal Fertilizer Bubble? [view article]
      Adesai...the shares outstanding is limited compared to the rest. Its now down to execution and not greed. If IPI top management focus on execution they will be rewarded. if they are giddy about the money (relatively small so far), they will loose a big opp. GL everyone. Apr 27 10:00 AM
    • Intrepid Potash IPO: Soaring Shares Signal Fertilizer Bubble? [view article]
      POT market cap = $64.35B
      MOS market cap = $58.25B
      IPI market cap = $1.8B

      you make the call ! SA is a POS blog. They blow like the wind, kinda like a girly-man.       Apr 26 11:55 PM
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