Avi - you lost your #$%$ on this IPO five years ago. Who controls SANW today? Not the same people. Not even the same company. Pioneer seeds a subsidiary of who?? effectively controls the future of this company for the next few years. Do your own DD on last year's purchase if you want the details.
Avi - your hedge fund boss called. SANW isn't volatile enough for good trading action. You need to move on.
Avi - You're right Glyphosate is a big deal: One interesting use of Glyphosate is to dry wheat before harvest. To help reduce levels of toxic fusarium fungus on wheat, it is good to harvest the wheat as early as possible but you can’t harvest it until it’s dry. So Glyphosate is used to dry (aka kill) the wheat plants so the grain can be harvested. As long as the Glyphosate is sprayed after the plants have fully matured, the Glyphosate won’t be moved from the plant into the seeds. Here, Glyphosate is actually helping farmers prevent a legitimately scary toxin from getting into the food supply.
Frog -- I seem to recall they made a secondary end-point of 90% wound closure at 12 weeks. They doubled the treatment or dosage over the original clinical trials, so would we really expect full closure at 20 weeks, or at a (yet) undefined endpoint between 12 and 20 weeks? Seems to be little correlation between dosage and results, based on what is being discussed thus far.
Lucky -- book value is $0.05/share and no debt doesn't make it a dead fish, but it is clearly swimming at the bottom of the water column currently.
Glyphosate has a volume problem? Well sure. It binds to soil making it inert, so theoretically if the earth ran out of unsaturated soil, then what would happen? Fortunately, chemistry provides an answer.
Now, the problem with making 'volume' arguments is the methodology used to test chemicals for carcinogens in the first place. Since to get a sufficiently statistically relevant or 'confident' sample size would require enormous expense, the researchers increase to dosages to make up for this in a statistical sense. The result is we wind up giving subjects or models dosages that are nowhere comparable in the real world... the subjects take a bath in it day and night basically.
So, the argument is BS (speculative) and sounds to be faux-science conducted by yahoos looking to get research funding so they can stop eating grass clippings, saw dust and other organically-raised product.
Avi- Yes, your haunt may be the Environmental Working Group board/org and I get the fact that GMOs increase herbicide usage. The point you raised though was Dr. Portier's 'assurance' that Roundup was a genotoxin that causes cancer. It HAS been found to be associated with cancer in SOME lower forms of life, but NOT in human beings. Dr. Portier acted as an advocate and not as a scientist, else he would've got off his dead #$%$.. and actually did some peer-reviewed and published research to overturn EPA's rather rigorous investigations. Instead I get to read this BS: "... The compelling new evidence is accompanied by still emerging studies of cancer in humans ..." How the hell can a scientist, who is not a total idiot, make a statement like this? If one is quoting 'still emerging studies' then one doesn't have the data. And the data would normally be had in double-blind studies that are not released before statistical significance and achievement of endpoints is reached. Since this isn't the work of a serious scientist, one must conclude this is the political and biased statement of an advocate.
Sounds like they don't know how to hedge their earnings to currency risk. I suspect the surging buck has been nothing but bad news for the quarter.
A WHO political announcement is worth every bit of the toilet paper it is written on. For the rest of us EPA test results that are peer-reviewed and published constitute a clearly better level of accuracy
Amato doesn't show any ownership. Is that correct? Don't see earnings until the 4th quarter due to seasonal usage of antifreeze, some recovery in oil from today's price, and maybe more demand and volume when those national customers they talk about adding come online. Positive cash flow? How many more fixes are needed ... seems there is always one more thing.... one more problem. Maybe we are close this quarter?
Since Pioneer Seed is handling their main outlet for alfalfa seeds, did you find this statement on any of their financial statements, or is this just ficticious information ... par for the course? Still cluttering the board with drivel?
" DNB ASA is willing to help billionaire John Fredriksen's Seadrill Ltd. and other loan clients that are being squeezed by a 40 percent plunge in rental rates on oil rigs. Norway's biggest bank is prepared to defer loan-repayment installments for drillers such as Seadrill. The bank is looking specifically at helping companies with the most advanced rigs..." -- Bloomberg
ytewrt -- still can't come up with it yet? You are now supposing they need another credit line? What do you suppose they would want a new credit line for, if the current one is going to play ball? Still no clue?
Audio -- I asked what the banks have stated they are going to do in SDRL's case, and now what they could do. Still waiting....
What are you nuts? When you are holding bank debt and not bonds, then all you need is for the bank to play ball and defer principle payments. Basically, extend the terms of the loan. Post where the banks are not going to play ball, or go away.