Buy rating by BofA, Merril Asian Bamboo AG climbed 2.9 percent to 39.45 euros as the Chinese bamboo plantation operator was rated “buy” in new coverage at BofA Merrill Lynch Global Research. The company “trades at a significant discount to its local Chinese peers and to German agricultural companies, which we do not think is justified,” London-based analysts Claus Roller and Gerhard Orgonas wrote in a report today. http://www.bloomberg.com/news/2011-01-19/deutsche-lufthansa-kloeckner-rwe-vw-german-equity-preview.html I just bought a bunch of the ADR. Really exciting. Organic, sustainable, profitable.
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