It was announced on Thursday that New Zealand 3Q GDP grew by 3.5% year-over-year vs. 1.8% in the US, 1.5% in the UK, 1.9% in Canada, 2.3% in Australia, and 2.4% in Japan. NZ's economy is BOOMING, with faster growth than every other developed economy in the world due to the phenomenal growth of its agricultural sector.
New Zealand's 3Q agricultural output soared 17% to support rapidly growing demand from China. Over the past year, exports to China rose 42% to $9.42B - with meat and dairy accounting for the bulk of exports. In November, exports to China grew by an AMAZING 80% year-over-year to a record $1.23B!
China just became New Zealand's #1 export nation, which will make investors in NZ agricultural stocks wealthy in 2014, as their earnings go through the roof. Even if the Dow and NASDAQ decline, NZ agriculture stocks will explode to new highs.
There are only a few publicly traded New Zealand agricultural producers and almost all of them trade overseas on the NZX. Only one NZ agriculture company trades in the U.S. and almost nobody is aware this stock even exists! The company is Agria (GRO), currently $1.40 with a market cap of $77.53mm. GRO reported fiscal 2013 revenues of $960.7mm and 80.4% of GRO's revenues came from NZ agriculture - with the rest coming from agriculture in South America, Australia, and China.
GRO's PGG Wrightson agriculture business based in New Zealand is a household name with 99 farming retail stores throughout the nation. The CEO just said this week on the 'Farming Show' that they are experiencing a major uplift in business along with the rest of the NZ agricultural sector. He confirmed they are currently profitable with rapidly growing revenues due to a major increase in lamb prices and favorable climate conditions. GRO is currently trading at an extremely low valuation of only 0.077X sales, and could very quickly double or triple in share price! We own 550,000 GRO shares and intend to sell at much higher prices.
From your post to ZTE's lawyers !! Make it so........
.•Vringo Gets Second Injunction Against ZTE: A Global Licensing Agreement Looks Imminent Nowat Seeking Alpha(Thu, Dec 19)
Who knows, maybe they're will be a settlement this weekend.
My entire point in my last article was that patience was basically a waste of time with Vringo for two reasons:
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1. Vringo management is not proactive about creating shareholder value.
2. Vringo shares will not increase in value until the money is in the bank.
In short, there have been myriad court dates come and gone that were supposed to be significant catalysts for the stock. And predictably, nothing happened (more on this below).
Secondly, Vringo's management has done nothing to fight off shorts-who are quite literally killing this stock. Unlike other companies with high short interests like Questcor Pharmaceuticals (QCOR) that take a proactive stance against shorting, Vringo's management has chosen to put their heads in the sand, hoping the shorts miraculously disappear.
He's 100%spot on and can't stop it from getting worse. They have a federal judge whos actions now point to Google as not infringing and has put the burden of proof on Vringo to show otherwise. When this case goes back to JJ after the Jan. 22 hearing he'll further prolong the inevitable...RULING!
We apologize for any problems or major losses you've suffered since our big win against Google that may have occurred. They really won the war!
Hey ARESHOLE....you back under another alias? Do you have the guts to give your real name and address so me and the boys can "visit" you and educate you and your kind in the subtilies of arm and leg breaking, that is after cutting off your teenie pecker and jamming it down your throat? Go away, you are only defeating the purpose of getting a thrill from your juvenile remarks. That may play well with your playmates in the seventh grade but amongst us adults, it is only another nail in your soon to be closed coffin...Regards.....
you do realize without any volume this thing is never going anywhere. We need Big BLOCKS, and at least 75,000,000 shares to trade not 750,000