China Trading Stocks

[hebercreeper]

You guys make me realize what a slacker I've been...I guess I better get some RSS feeds set up for some timely info.

I began scaling into $GRO today. I believe their 50.2% owned New Zealand agriculture giant PGG Wrightson has turned the corner. I still have a lot of research to do but think this could have potential. Current market cap of PGG Wrightson ~$260m NZD ($213m USD). $GRO market cap around $40m here & they also have operations in China.

New Zealand equity markets have been performing well & this turnaround looks to be getting some traction.

http://www.pggwrightson.co.nz/

http://finance.yahoo.com/news/agrias-zealand-listed-subsidiary-pgg-204100757.html

2012 Annual Report:

http://www.pggwrightson.co.nz/Userfiles/files/Investors/Reports/PGW%20Annual%20Report%202012%20-%20FINAL%2020092012.pdf