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Agria Corporation Message Board

  • golooooooong golooooooong Dec 29, 2010 11:38 AM Flag

    Why it is trading below cash value?

    Could anyone kindly give me some clue? Thanks

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    • lavelle822 Dec 29, 2010 4:23 PM Flag

      All those fear of fraud going on with chinese companies did not help stocks. February will be the planting season after the Chinese Yew year. The New year is on Feb 3, 2011. Massive gridlock in China before and 15 days after the Chinese New Year as billions and billions of Chinese workers return home to their families for the holidays. Almost everything come to a standstill in China. After the New year, the planting season starts. Companies that are going to make headlines are those that has to do with agriculture from fertilizers manufacturers etc. AGU, POT. Buy on dip and wait.....

    • Stupidity? December tax loss selling? Fear of China stocks? Belief the company will not make money? Who knows. I will take door number 1.

0.881+0.009(+1.03%)Jun 28 3:27 PMEDT