Potash Cuts Back Production, Plenty of Profit Remains [View article]
POT is an extremely well managed company. They protect their profits with careful production balancing, along with sensible attention to costs. They are about the only company in this sector that can and is ready to expand, as soon as demand returns and grows. Farmers can only delay the purchase of fertilizer for a short time, and food demand (especially better quality) is rising. They are in a unique position; they can control supply and have pricing power. They are a real producer of product (not a dot com), and they are fully integrated from earth to customer dock. I have watched them for years, and after a pull back this spring when I believe all commodities will take another hit, I look to POT to be a long term reliable elephant to ride.
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POT is an extremely well managed company. They protect their profits with careful production balancing, along with sensible attention to costs. They are about the only company in this sector that can and is ready to expand, as soon as demand returns and grows. Farmers can only delay the purchase of fertilizer for a short time, and food demand (especially better quality) is rising. They are in a unique position; they can control supply and have pricing power. They are a real producer of product (not a dot com), and they are fully integrated from earth to customer dock.
Dec 11 03:58 am
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All Comments by fortdh »Potash Cuts Back Production, Plenty of Profit Remains [View article]
I have watched them for years, and after a pull back this spring when I believe all commodities will take another hit, I look to POT to be a long term reliable elephant to ride.