even with down markets
exactly why CF would mount a hostile offer for RTK and RNF while it is dirt cheap (CF has smart management that buys assets right before upturn in industry) CF would keep RNF and dump the rest of RTK. RTK/RNF board has investment bankers on it and money in it and will want to maximize their investment sooner rather than later. Ag sector is ripe for consolidation, especially the fertilizer sector. MOS surprise earnings beat will get those setting on the side to start the bidding soon.
RNF is undervalued greatly on a operational basis as its sales and earnings are going to grow nicely in 2015 vs UAN which shows sales decrease YOY. RNF should move up at least to 15 to 17 just on operations growth. Wild card is buyout of an undervalued asset here by CF or other nitrogen players.
should see a big run when the shoulder pattern is breached to the upside here
with all the positive news coming out i can see that. Next up is big pharma sniffing around here.
way too cheap here. CF is actively looking to buy nitrogen companies as well, RNF would be a likely target
CYTR ready to explode to the upside. Way too many big catalyst happening this year!
watch for quick run to 5.00
RNF about to follow UAN higher! dynamics of the industry are changing rapidly to the better!
look at Mosaic's earnings and forecast, earnings beat by a whopping .30 for the quarter as company said fertilizer is showing strong demand. With nat gas way down nitrogen companies will see huge margin expansion as well.
looking for a major break of the 50 day moving average coming and big run up soon into 200's.
n a report published Wednesday, Credit Suisse analyst Christopher S. Parkinson reiterated a Neutral rating on Rentech Nitrogen Partners LP (NYSE: RNF), but lowered the price target from $20.00 to $16.00.
In the report, Credit Suisse noted, “We have updated our model to reflect current fertilizer prices and a revised outlook for 2015. Overall, we believe 2015 should reflect a return to fundamentals following the write-downs at Pasadena and lower yr/yr prices across RNF's main products. Although we expect ammonia prices to fall from the peak in 4Q14, stability in pricing should help the company better manage their inputs at Pasadena while realizing strong pricing in the corn belt at East Dubuque. Based on model adjustments, we are lowering our 4Q14 DPU to $0.25 (from $0.51) and our 2015 DPU to $1.68 (from $1.86). We are also lowering our target price to $16 (from $20) as RNF further evaluates options at Pasadena.”
Rentech Nitrogen Partners LP closed on Tuesday at $11.68.
great news on ICPT, stock trying to break out but market hasn't helped yet, watch for third time to break out over 161 coming
Hired to clean it up and sell it for top dollar
likely to CF or other nitrogen producers