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Trinity Industries Inc. Message Board

  • boss1819 boss1819 Jul 31, 2013 2:58 PM Flag

    Potash price decline

    With the collapse of potash stocks yesterday and the potential for a decrease in the price of potash, I think that this might be a slight positive for TRN. If the price of potash declines, hopefully farmers will buy more and it has to be shipped some way - hopefully rail cars. Should be good for rail car leasing and sales.

    Sentiment: Buy

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    • There are plenty of shorts and they will be forced to cover. Potash is another story, I doubt Potash prices will drop, its unrealistic to think Russian producers will cut their Potash prices for more than a few weeks. No private corporation will cut prices just to drive up the sales. TRN has the potential to be bought out. I see $50 before the end of the year or a buyout at a higher price.

    • Interesting point, boss. I'm reading where American farmers may actually IMPORT the stuff if prices overseas are cheaper than domestic sources. All in all the situation bears watching.

      I think the larger factor continues to be petroleum product shipping - that's been a huge plus for TRN sales & leasing.

      Looking forward to Earnings,

      Sentiment: Buy

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