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I believe will see earnings this week ... imho
Beer a steal... watch this qtr coming out very soon ... if .05cents or better ... load the bus ... imho
China deal coming ... IMHO ... very interesting that the one person involved with selling Potash to China, is now our new Chairman .. nice move on Allana's part ... imho, I am occasionally wrong,.. sometimes ...
Very Interesting indeed !!! Did anyone catch this ... the new Chairman for Allana , also on the board of MGO,.. but look at what MGO specializes in ::: very interesting indeed ... Migao Corporation, through its subsidiaries, engages in the production and sale of specialty potash-based fertilizers and its co-products for the agricultural market in the People?s Republic of China. The company?s products include potassium nitrate and potassium sulphate; and co-products comprise ammonium chloride and hydrochloric .. MGO is a seller of Potash Products to CHINA !!!! .. I am connecting the dots .... anyone else catch this ..
Mike
I wish we had the same Leadership that runs this company as we did running this country... yikes ..
POT Potash Record Sales ... Potash increased to 510$ .. Wow we are sitting on a gold mine, still buying...IMHO
Next quarter , will be 3 quarters of strong growth in a row, this is usually when things start to happen . I feel that this stock is a sleeper and holders will be greatly rewarded ,.. IMHO .. Cheers ... Mike
Something Big is about to happen ... also this news out today ..
BRIEF-RESEARCH ALERT-Fraser mackenzie ups Allana Potash to strong buy/.. Today July 20, 2011 .... Mike
India out big on Potash ... hmmm maybe INDIA will be coming on fast for Allana., I only wish we could be producing next year.. stock is a steal .. IMHO Todays news at 7:30 PM
Canpotex Ltd., the North American cartel of potash producers, has no spare supply to sell to India this quarter and won’t resume negotiations with Indian buyers until “late” in the period, Mosaic Co. (MOS) Chief Executive Officer Jim Prokopanko said.
Canpotex’s “cupboard is bare,” Prokopanko said yesterday in a telephone interview from Mosaic headquarters in Plymouth, Minnesota. “There’s nothing to talk about until we have a better assessment of what’s going to be available.”
Talks between Canpotex and Indian importers ended in late June when Canpotex agreed to deliver 630,000 metric tons to China in the second half, Prokopanko said.
The Indian Farmers Fertiliser Cooperative Ltd., a group representing 55 million farmers, said in May it would halt purchases of the crop nutrient unless Canpotex and other suppliers agreed to its conditions, including a 10 percent discount from the spot price. Canpotex is the marketing arm of North America’s three largest producers: Potash Corp. of Saskatchewan Inc., Mosaic and Agrium Inc. (AGU)
“Both the Indians and the Chinese understood -- we were perfectly clear -- that there would likely be enough tons only to serve one or the other of their requirements,” Prokopanko said. “This isn’t a matter of price discussion. This is a matter of supply.”
The producers of the form of potassium had expected negotiations with Indian importers and distributors to be completed by June, according to comments in April from Potash Corp. Chief Executive Officer Bill Doyle.
Indian Purchases
India bought 6.4 million metric tons of potash in the year ended March 31, according to the Fertiliser Association of India.
IMHO,.. there might be a possible deal coming from China as well as India ,. If both do an Offtake at 300+ million each , everything will be smooth sailing. I am holding long , and will begin adding more this Friday .. Mike
I believe they said will apply for TSX in a few weeks .. thats what I heard in the live conference call .
Crazy stock down on 750 shares , someone actually sold at 24 cents .. yikes ..
It will start to get noticed now...usually 3 qtrs of growth..
Wow . Awesome QTR 400% , this is a keeper.. most beverage ( Beer ) stocks trade at high multiples . I like the fact they have a MALT business model, this will grow with all the other beverage producers IMHO this could be 10.00 $ before end of year, at this growth rate. Mike
Wow 52% , thats got to be a record .. in any Potash company out there. this gets better and better.. not sure of the drop on heavy vol today.. but still buiying
Gotta to listen to conference call, very informative.. It appears on track for 1 million tons in 2014 .. The road / ports will be able to handle 3 million tons per year by 2016 , calculated. The cost estimate for Solution mining ( not open pit ) is $ 120 a ton, so that gives you 280 million dollars profit on 1 million tons . It was noted also that there could be a 7-10 year window where no taxes to be paid, . There are over 177 million shares and the company mentioned they do not want to dilute the stock, and are seeking take-offs for construction. All in all this company has much going for it. I see this stock at 15.00 $ in 12 months and over $30.00 in 24 months , based projected earnings in 2014. IMHO .
I agree Hotstocked is looking for cheaper prices ...
Potash Heading to $ 750 a Ton .. see wire news ... this makes ALLANA very attractive indeed .. value headed to double digits before end of year... IMHO
Yea , i noticed that too.. very strange trading the last 3 days..
Marketwire news ... Hole 17 significant Potash shallow depth at 31.1%... another major for Allana .. this does appear to be a mother lode of Potash.. This is indeed significant as a open Pit will cost 100's of millions less in cost to develop and to deliver at a much reduce price . and Higher Margins .
No Longer Grey Sheet as of today ... Now OTC..
I , was recently moved ..
Beer YTD 2010 Earnings Report
http://www.hotstocked.com/nt-10-k/--370349.html
Revenues for the 2010 ytd est 52.3 million , Earnings per share 7 cents versus 1 cents. Est for 4th qtr,. 19.5 m sales,
eps of 3 cents vs 1 cent .
Note Chinese Beer company stocks average 125 PE ..
Largest LAND Deal in Ethiopia ( Mar 21 -2011 ) ... India , China , Saudis , the list is growing
* Now we know why Potash is a very Hot commodity in Ethiopia.. Mar 21 – 2011 .. Allana will benefit greatly.
Mar 21 – 2011
It's the deal of the century: £150 a week to lease more than 2,500 sq km (1,000 sq miles) of virgin, fertile land – an area the size of Dorset – for 50 years. Bangalore-based food company Karuturi Global says it had not even seen the land when it was offered by the Ethiopian government with tax breaks thrown in.
t the begining .. IMHO .
What is Happening in Ethiopia ... this Month alone ..
Mar 16 - 2011
Ethiopia is one of the hungriest countries in the world with 2.8 million people needing food aid, but paradoxically the government is offering at least 3m hectares of its most fertile land to rich countries and some of the world's most wealthy individuals to export food for their own populations.
The 1,000 hectares of land which contain the Awassa greenhouses are leased for 99 years to a Saudi billionaire businessman, Ethiopian-born Sheikh Mohammed al-Amoudi, one of the 50 richest men in the world. His Saudi Star company plans to spend up to $2bn acquiring and developing 500,000 hectares of land in Ethiopia in the next few years. So far, it has bought four farms and is already growing wheat, rice, vegetables and flowers for the Saudi market. It expects eventually to employ more than 10,000 people.
IMHO... If Allana is involved with IFC, then this mine is
defintely getting built. with Billions of dollars in capital and
low interest loans , this is a huge win for Allana..
March 23 - 2011 - Saudis to invest 2.5 billion dollars in Ethiopia,.. on growing Rice .. seems like everyone wants in Ethiopia . Many investments heading into Ethiopia. Very good for Allana . With possible announcement soon of Funding, this is a win win // imho
If you have not listen to the interview , then your missing it.. Allana CEO , said they want to take this company to production versus selling it. It also said that 2-3 tons a year is what they are looking at producing. The cost to develop 1/2 of other Potash companies .. With 2-3 million tonnes a year sales will be at least 950- 1.4 billion $$ a year/ with a cost basis of 150$ per ton net out should be 300 a ton // this is a major hitter.. looking at 3.00 - 4.50 eps when in full production// at an avg PE of 25-28 .. I am all IN !!