I still own some shares. If Agria reach a fair valuation I'am happy that i still own 3000. 2 years ago i owned 55.000. I sold, because of these 65 million write off. Will CEO sell it to a friend ?
Inventory was 123,628 Million US$. Inventory is high because of the season and large Orders from customers .UREA prices has increased by 7% during the last 2 month, that means these 123 million are woth 130 million.
Traditionally inventory will be decreased during the next 2 Quarters. There is a lot of cash available for the loyal shareholder of CGA.
SEED investors have no reason to complain. Nice performance during the last 6 months.
On P/E or NTA basis Agria has much room for improvement until they reach valuation of SEED.
Agria has the better revenue and earning growth story and their largest assett is New Zealand based.
It should be a good idea to shift some money from SEED to GRO.
Settlement Date Short Interest Avg Daily Share Volume Days To Cover
5/29/2015 812,269 98,131 8.277395
Google: Nasdaq CGA short interest:
amd google Finra daily short interest and search for the daily short activity
Last year in September the criminals shorted CGA, and came out at the end of September with their constructed story. Until now they have covered 80%.
-This year we have learned that chinese government spent 500 million US$ as a subsidary for one of Tao Li's Start Up's.
-We have seen a dividednd and CEO promised more dividends
-We have distributors as shareholders
-We have employees as shareholders
-Managed bought shares of the company
I see 10$ coming soon.
I expect some extra earnings, perhaps they sold these 65 million US$ Land Use rights. Or will these rights disappear, suddenly ?
Do you have understand the LH900 and CGA relationship?
You should wonder on about how many Idiots have bought Alibaba. Spending fresh money to china i greater risk. Investors already spent 15$ per share to to CGA and they built a great company, but it is time to reward us shareholders and not the management.
There is only one group that should be rewarded! And that group are the shareholders. We lost money during the past 5 years. 10 Cent Dividend, was a joke. A reward would be a share price that is similar to other fertilizer stocks. Management rewards should be aligned to the development of the share price.
You have misunderstood the project. NOTHING will be founded by CGA! It is private owned by the CEO and others. It will be a long way for this kind of business to be profitable.
It was good for CGA because it is a proof of the strong reputation of the CEO. And the farmers which are selling through Jane Bai (LH900) have to use fertilizer of CGA. It is a win win situation.
The other investor of Jane Bai will buy CGA shares, because they what a strong company CGA is, we must be careful that not much shares are going cheap to China
Sentiment: Strong Buy
Share price has to be fixed first. If we are above 15$ and have a fair valuation, CGA could use new issued shares as a aquisation currency.
i am very longterm orientented. GRO is one of the chinese stocks that are fraud tolerant.
Another good pick is CGA, first dividend received, next dividends will come promised the CEO. CXDC is my third one.
GRO has write off 50 million in farming land for sheeps, that is still a mystery for me.
On the next conf call i will ask the CEO why he is not making this land to money.
Sentiment: Strong Buy
share price increased by 50% this year, not bad so far. CEO fullfilled all his promises in the past, and therefore i beleave after the next BOD meeting we will see a sharp increase in share price. CEO told us that he will recommend regular dividends to the BOD.
Average shareholders have difficulties to understand that CEO owns a venture capital firm. He is damned to be succesfull with CGA and Kone, otherwise he can not make a new IPO with his internetfirm (LH900,Jane Bai). We all know the valuation of chinese internet firms, and we all know that it is urgent to sell it to the public.
The buble can burst.
CGA has now 291,642 million US$ in current assetts. Debt was reduced during last quarters. Everything is perfect.
1.) we can hope for the official announcement of the internet sales platform
2.) we can hope for the announcements of regular dividends
This can happen every day. And in the meantime chinese investors (fonds, distributors, and CEO's co investors in Jane Bai) are buying all the shares that US investors are selling.
Fair valuation of CGA should be 20$