Recent

% | $
Quotes you view appear here for quick access.

Endocyte, Inc. Message Board

  • frmdar84 frmdar84 Jan 10, 2014 11:38 AM Flag

    ***GRO to Rise 66% Next Week, Read Immediately!***

    China stocks are EXPLODING and the China stock that's the most undervalued, with the strongest chart/technicals, and biggest upside - is Agria (GRO). GRO's #1 asset by far is its 50.22% stake in New Zealand's largest Agriculture Supply company PGG Wrightson (NZX: PGW). PGW is beginning to breakout big, rising in overseas trading last night to a new 7-week high of NZ$0.42. GRO's 80.81% owned Agria Asia subsidiary owns 379.1mm PGW shares. Agria Asia's PGW shares are now worth NZ$159.22mm or USD$131.36mm, and GRO's 80.81% ownership of Agria Asia is worth USD$106.15 million or $1.92 per share!

    GRO also owns 100% of a China seeds business that grew revenues this past year by 98%. A fair valuation for GRO's China seeds business of 2X revenues, adds an additional $0.61 per share to GRO's fair value, valuing GRO at $2.53. However, GRO also has a net debt position of $5.5 million or $0.10 per share, which reduces GRO's fair value to $2.43. With GRO currently trading for only $1.46, it's about to breakout big and rally 66% to $2.43!

    GRO reached a new 52-week high on Monday of $1.77 before dipping to its current price of $1.46! Right now is the perfect entry point, GRO isn't getting any cheaper, and looks ready to explode to new 52-week highs once again next week. We own 550,000 shares of GRO and don't intend to sell until after GRO rises to substantially higher share prices.

 
ECYT
5.03-0.12(-2.33%)Sep 4 4:00 PMEDT