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Friday, June 17, 2011 10:01:26 AM
Overweight >30k FEED cost avg 1.13 . thats how much i expect from it.
And my target to sell is not 1.30 btw, but rather a multitide of current prices.Longer term swing for me as well
Chinese,BUT USA management, big part of business in US, reputable accounting firm.
New management in Q1, 10%layoffs. They wrote off value on past acquisitions that had been done too expensively.
Big turnaround story with rapidly growing revenue, past problems were cost. They are streamlining their overhead now and will produce hogs and feed in china with US standards.
Revenue growth, very interesting revenue vs market cap
http://www.agfeedinc.com/investor-relations/why-invest-in-agfeed
Weekly chart (targets 2-8$)
And my target to sell is not 1.30 btw, but rather a multitide of current prices.Longer term swing for me as well
Chinese,BUT USA management, big part of business in US, reputable accounting firm.
New management in Q1, 10%layoffs. They wrote off value on past acquisitions that had been done too expensively.
Big turnaround story with rapidly growing revenue, past problems were cost. They are streamlining their overhead now and will produce hogs and feed in china with US standards.
Revenue growth, very interesting revenue vs market cap
http://www.agfeedinc.com/investor-relations/why-invest-in-agfeed
Weekly chart (targets 2-8$)
To follow my postings on ihub use this link : Ihub person mark
Feedback is allways appreciated, as are other (annotated) picks
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