InvestorsHub Logo

kmx_swing

06/17/08 10:42 AM

#4 RE: ManOfSteel #3

As you see, I have no idea about their operating cash flow. But based on their revenues and O/S I would say - TOO RISKY - comparing to fundamentals of other fertilizers.
But you know stocks - this one can reach 100 usd without any sensible reason :)) because it is a Potash stock and Potash will rock at least in next five years when more potash plants will increase the supply. At the moment the demand is much higher than supply....Fertilizers were too long without any price change. So it was not interesting for anybody to invest in this sector/build new factories/. Now the food is more expensive, the supply is short and everybody needs fertilizers. But market is very limited. That is why the prices doubled or trippled in last year. And the prices will go higher. There is not enough sources ready to supply......