Imperial Sugar "New" (IPSU)

[TARKA2]

Thanks!
I can't read charts.
Regards and good luke.

[RonnieD]

no way. now is the time to buy large.
3.30's.

[TARKA2]

-25%
Look to me a chapter 11 stock. Imo

[TARKA2]

Time for buying??

[RonnieD]

Sugar contracts have been falling, so costs are
on the way down. This past quarter, reporting this
Wednesday should be the last one in which the co
suffered from unusually high costs.
2012 is looking a lot better for IPSU on various levels
both internal and external. There is also growing political
pressure to end or curtail the government price controls
which handicaps profitability of IPSU and all confectioners.
(Senator Dick Durbin's S.U.G.A.R. Act, and House
Republicans Free Market Sugar Act).
If the Sugar price controls are done away with, IPSU
would be a 50 dollar stock.

[Frankiy]

IPSU - after $6.54 keybreak this stock gonna go nutz!

http://www.stockta.com/cgi-bin/analysis.pl?symb=IPSU&num1=3&cobrand=&mode=stock

[Frankiy]

New York (December 02, 2011, 3:23 PM ET) -- Imperial Sugar Co. has settled a suit against Ironshore Specialty Insurance Co. over several million dollars in potential coverage for litigation and liability stemming from a widespread 2010 sugar recall, Ironshore told a Texas federal court Thursday.

Imperial launched the lawsuit in January, claiming that Ironshore had wrongly denied coverage under its $25 million umbrella liability policy for claims customers had asserted against the sugar company over the July recall.

Ironshore's notice of settlement did not elaborate on the terms of the agreement, and attorneys for...
http://www.law360.com/insurance/articles/290056/imperial-sugar-resolves-insurance-battle-over-recall

[Frankiy]

Imperial Sugar Co. chart

http://finviz.com/quote.ashx?t=IPSU

[RonnieD]

the yahoo finance board is active.
ihub is for penny "stocks".

[Spumoni]

Why do you think? Analysts predicted back in February a share price of over $24. We are nowhere near there. It aint so sweet! GL

[NEXT]

Why has this board been vacated ?

[NEXT]

Dealing with commodities be safe.

[NEXT]

WISH THEY HAD DEPRESSED WARRANTS

[RonnieD]

thanks, popper. btw, I was incorrect about one part
of my post.. the raw which IPSU buys is the futures
contract Sugar #16, which is US produced. That is why they
hedge by buying #16 contracts. The Sugar #11
is world raw, but because the US levies a tariff on imported
sugar, that #11 price with duties is roughly equal to #16.
IPSU's refined product has no futures equivalent.
Soft commodities are on the way down, this is helping
IPSU and will also help other sectors along the supply and
distribution to retail network.

https://www.theice.com/productguide/ProductGroupHierarchy.shtml;jsessionid=8927AC87B682628F79031DD384B1E319?groupDetail=&group.groupId=12

[Popper]

Too bad dude, You were picking NFL Winners just like you pick stock winners!!!

[RonnieD]

i did forget.. i guess i'll have to choose
on tonight's game.. woops......

[Popper]

(OT) Don't forget your football pick for week 4 !!!

[RonnieD]

I have purchased IPSU shares in this price
area. Futures gurus appear to be in agreement that
raw sugar prices will fall back to normal levels
which existed in 2010,or possibly lower, when IPSU profit margins were much higher.
There is strong likelihood for a rebound in this company's earnings performance starting by Q1 2012.
(February report). Other dynamics include continued
growth of the Wholesome Sweetners division, and the fact
that there are still 1.4 million short shares to cover,
and a float still held by institutions of only 11 million,
total O/S count a mere 12 million.
Here are some links and a chart. Long-term
supports are in place. Many falling company shares
in commodity-related fields are in a pricing environment
where the drop in commodities is working against their
profits. IPSU is the opposite. They did a poor job hedging
last quarter, hopefully that can improve, but overall
they have at least 50% exposure as purchasers on the spot
market for raw... the lower the price they can buy, the
higher their profit margins on refined and finished branded
products.
http://www.insidefutures.com/article/321769/Sugar%20Futures%20set%20to%20Fall.html
http://www.commodityonline.com/news/Chinese-sugar-production-forecast-to-reach-138-mn-tons-in-201112-Rabobank-42733-3-1.html
http://www2.barchart.com/headlines/story.php?id=1736888

[TwinTank]

Yes and if the government would just sue them it would be a triple play!

[AliEn BRaInZ stox]

2 separate class action lawsuits brought against IPSU ( Imperial Sugar ) . News released post market.
What a sham

[Spumoni]

Really Sweet!

[Hostile Takeover]

I glad to see my accounts come back. Patience for those stocks that we have confidence in.

[Spumoni]

Back in February of this year they called for a price target of $23 a share. Although I guess right now that seems a bit too optimistic where it is now is not where it is going to stay. Onward and upwards!

[Hostile Takeover]

Great day again.

[TwinTank]

i made bank on this today and Friday! For me this one is huge! I have almost 6,000 share's!

[Hostile Takeover]

This one is going to make a nice recovery soon, IMO of course.

[Spumoni]

SWEET!

[Spumoni]

http://www.forbes.com/sites/dividendchannel/2011/08/16/imperial-sugar-to-trade-ex-dividend/

[Spumoni]

Hoping for a better week! GLTA

[GAZZILIONAIRE]

i suspect with the dows bounce today, this one will make a comeback

[GAZZILIONAIRE]

I HAVE bought several option contracts here for the big looming bounce. i hope it rebounds like i expect it too. anyone have any thoughts on this?

[Hostile Takeover]

All things considered, yes. The more I look at what the future may be, the more I like this stock.

HT

[Spumoni]

Nice rebound today.

[Hostile Takeover]

I have made a killing today!!! OH HAPPY DAYS. But, beware of the dips. My stocks overall are extremely good investments,IMO of course.

Good Luck to you TARKA2.
HT

[TARKA2]

Cheap shares... thank you!!!

[Hostile Takeover]

I have made out very well playing the pennies. However, I believe it is time to get back to what I'm best at. Finding the great companies such as Imperial on the cheap. Over the last several decades, I've taken the plunge and invested as everyone has dumped. There is no reason for me not to believe the same results shall happen.

HT

[hotrod34racer]

I’m with you! Worst thing that can happen is the same thing as if we don’t try, we don’t make $$$$ IMO

I believe as the masses panic over the down grade this week stock share prices will fall on panic and the same plays will become our opportunity for profits.



Cheers Buds \_/

P.S. if you find great plays come see me at the link below and tell me what you find and I will be posting everything I find there as well.

[Hostile Takeover]

I owned many stocks again. I will be on the hunt for many more too. My intuition tells me to be on the prowl. Look for the bargains.

[hotrod34racer]

S&P down graded us credit rating! Let the bargain shopping begin my friend! lol...

What was that saying? When the masses get scared the brave get greedy? Or something like that.



Cheers \_/

[Hostile Takeover]

IMO, you should. There are many opportunities, and its a safer bet all around. The risk/reward is far better at this level for most, as these type stocks are getting more attractive by the day.

HT

[hotrod34racer]

Picked up some today! never play the big boards but this is such a great little lotto play that I just couldnt pass it up buds! Lol...



Cheers \_/

[Hostile Takeover]

And, watching closely.

[Hostile Takeover]

I'm adding.

[Hostile Takeover]

$9.44.

[Hostile Takeover]

Sour time for sugar.

[mlkrborn]

IPSU drops to $10. Imperial Sugar sees 3Q loss, blames raw sugar cost
Imperial Sugar loses $16M in 3rd quarter, blames rising cost of raw sugar, competition
ap


Related Quotes
Symbol Price Change
IPSU 9.97 -13.22

On Friday August 5, 2011, 11:17 am

SUGAR LAND, Texas (AP) -- Imperial Sugar Co. said Friday that it lost $16 million in the most recent quarter, hurt by competition from other sugar companies as well the rising cost of raw sugar.

The news caught analysts by surprise. They had predicted a profit of 46 cents per share, but the loss amounted to $1.35 per share. A year ago the company posted a loss of $5.7 million, or 48 cents per share.

Revenue plummeted 25 percent to $197 million from $261 million, missing analysts' expectations for $224.3 million.

In morning trading, Imperial Sugar shares plunged 58 percent, or $13.47, to $9.72.

The company blamed the revenue loss on lower sales at a Gramercy, La., refinery in which it owns a stake. It said it was able to raise some prices on customers, which helped revenue, but not as much as it would have liked because of competition from U.S. and Mexican rivals. CEO John Sheptor called the inability to raise prices on customers "the principal driver of the quarter's disappointing results." The company's fiscal third quarter ended June 30.

Like many companies, Imperial Sugar is paying more for the raw materials it needs to make and transport its goods. Sugar is currently trading around 28 cents per pound, down from about 35 cents earlier this year but up from about 18 cents a year ago. Sheptor noted that the U.S. Department of Agriculture had attempted in April to lower the cost of raw sugar with changes to import quotas, but sugar costs have rallied back up since then. Sheptor said he expects only "little relief" on the cost of raw sugar in the current quarter, which lasts through September.

Imperial Sugar also said that its manufacturing costs did not improve over the year. A Georgia refinery that was rocked by an explosion in 2008 is operating at just 75 percent of its previous capacity.

"The company is reviewing potential operating and capital improvements, particularly in the utilities, raw sugar melt and water management areas of the refinery, to begin addressing mechanical reliability in these operations," Sheptor said in a statement.

Imperial, based in Sugar Land, Texas, processes and sells sugar under the Imperial, Dixie Crystals and Holly brands. It has struggled throughout the recession, losing money in all but two quarters since the start of 2008.

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[Soapy Bubbles]

Holding it's own...

[Stock]

FOCUS: Katrina Credits Sought For New Sugar Refinery

Last update: 11/6/2008 6:56:52 PM

By Susan Buchanan Of DOW JONES NEWSWIRES

New Orleans (Dow Jones)--Companies involved in a three-way deal to build the nation's biggest sugar refinery in Louisiana have applied for government financing, made available after Hurricane Katrina, to help meet the plant's construction costs.

The deal joins Cargill Inc. with cane-marketing cooperative Sugar Growers & Refiners, Inc., or SUGAR, and their newest partner Imperial Sugar (IPSU).

John Sheptor, president and chief executive of Texas-based Imperial Sugar, said his company is working with its partners to seek bond financing for the project - which has been moved to Imperial's Gramercy refinery site in St. James Parish, from Cargill's grain facility at Reserve in St. John Parish.

Industry members and community officials confirmed the companies are seeking post-Katrina, government financing.

Dale Hymel, Jr., St. James Parish president, said his community "gave Cargill-SUGAR-Imperial approval and support for Gulf Opportunity Zone Bonds financing on October 15."

So-called GO-Zone bonds are low-interest, tax-exempt loans that Louisiana, Mississippi and Alabama can use for reconstruction projects, authorized by President George W. Bush in December 2005 after Katrina struck. Louisiana was allocated over half of the nearly $15 billion in GO-Zone money.

Hymel said that following parish approval in mid-October, "the companies went before the Louisiana State Bond Commission the next day, hoping to transfer GO-Zone financing received earlier for St. John Parish to St. James.

At the meeting, they were told they would have to re-apply, and have done so for the next State Bond Commission meeting, scheduled for late November.

The amount sought can't exceed $100 million because of the way the application was filed, but the partners may not need all those credits, he said. Louisiana's bond commission earlier approved $100 million in GO-Zone financing for the original Reserve-based plan.

Hymel said "all the documents are being signed for the project in Gramercy," and he feels almost certain it will come into fruition. He said the new refinery will create jobs that add to those already at Imperial's Gramercy site. With the move to Gramercy, the project benefits from an existing plant with trained personnel, a river loading dock, rail service and utilities, he noted.

Gramercy is only about ten miles from the original Reserve site - but a dock and other amenities are not in place at that location. Sheptor said 350 employees work at the Gramercy plant now and that the new refinery could create another 75 to 80 jobs.

It's unclear what will happen to the old refinery when the new one is built, he also said.

Louisiana Growers Eager For New Plant

Ragan Richard, a Baton Rouge attorney with Phelps Dunbar representing SUGAR, said growers are optimistic about the project. He said the refinery will benefit from the combined expertise of the three partners.

Imperial has extensive refining experience, Cargill and Imperial have marketing savvy, and SUGAR has cane-growing and milling resources, he noted.

Once the plant is running, Louisiana cane growers for the first time can participate in refining profits, which could be sizable. Refined prices are running at almost twice raw values now. Domino's giant refinery in Chalmette, Louisiana, doesn't have a profit-sharing program for producers.

Sugar output in Louisiana, the second biggest U.S. cane producer after Florida, peaked in 2001. After setbacks from four hurricanes in recent years, production remains strong on an historical basis, however. Yields are competitive with those in tropical, cane-growing countries. Louisiana farmers are nonetheless harvesting a smaller cane crop in 2008 than last year, on reduced acreage.

-By Susan Buchanan, Dow Jones Newswires; 504-371-5461 [e-mail]

[Stock]

Imperial Sugar Company Declares $0.07 Per Share Regular Quarterly Cash Dividend Payable November 28, 2008

Last update: 11/6/2008 5:53:01 PM

SUGAR LAND, Texas, Nov 06, 2008 (BUSINESS WIRE) -- Imperial Sugar Company (IPSU) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.07 per share payable on November 28, 2008 to shareholders of record on November 19, 2008.

This quarterly dividend at the higher rate established in January 2007, continues the regular dividend program that has been in effect since January 2005.

[Stock]

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