Replies to post #47353 on $heff's $tation of $tocks & $olid DD

[read_this_n0w]

July presentation for FEED (last slide)

Market cap now 56mln

FEED expected 2012 revenue 770 million, double the 380mln from 2011 (!)

July market cap still way under 100 million.
Be sure to check out las few pages

Presentation filed with SEC http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001144204%2D11%2D040991%2Etxt&FilePath=%5C2011%5C07%5C18%5C&CoName=AGFEED+INDUSTRIES%2C+INC%2E&FormType=8%2DK&RcvdDate=7%2F18%2F2011&pdf=



http://content.edgar-online.com/edgar_conv_img/2011/07/18/0001144204-11-040991_PAGEX3.JPG

[read_this_n0w]

Full overweight position in FEED again (link back for full DD)

expect similar returns as in the first run 1.13 to 2 bucks

weekly chart targets still 3$ , 5$ and 7-8$

[read_this_n0w]

FEED added 20k today - WHY !!

Chairman and Chief Executive Officer John Stadler, along with other officials at the company, misled investors about the condition and future business prospects of AgFeed. On August 2, 2011, AgFeed announced disappointing financial results for the second quarter of fiscal year 2011 that showed the company was performing well below expectations. According to the company's press release, AgFeed incurred a $17 million net loss for the quarter related to huge accounts receivable expenses in China and other bad debt expenses. Additionally, AgFeed revealed that due to "operating pressures" and "concerns regarding credit quality," officials at the company would be aggressively establishing reserves at AgFeed.



Since this news has emerged, shares of AgFeed have lost over 40% of their value. On August 29, 2011, after trading as high as $2.05 on August 2, 2011, shares of the company's stock closed at just $1.05 per share.

"

Keep in mind this company now has
1) American CEO and mangement
2) allready some 40% US revenue
3) intends to expand US revenue to 65% of total in 2012
4) has letter of intent to takeover two top 20 US food processors
5) by focussing on US will remove itself from the China companies and the bashing of those


So the lawfirm PR:
they are looking for someone to hire them because
a) company is still restructuring now and had writeoffs (all to be expected btw since new CEO only in place since Q1)
b) the stock price dropped after the cc
c) whilst company revenue outlook for 2012 remains unchanged at > 700 million US dollars
d)market cap 55million today

So some hedgie walked price down, whilst in same period short interest remained UNCHANGED at 2.2mln shares.
Some lovely games played here.

http://beta.nasdaqtrader.com/trader.aspx?id=ShortInterest#

[gambler2075]

FEED halted at 0.389. While I appreciate all the DD that was posted about this stock, it does serve to remind me that sometimes, no matter how good things sound, a black swan can come out of nowhere and change everything. It is sad that it has come to this, but at this point, I am starting to become very wary of any DD posted about a Chinese company.

We'll see how it all turns out, but I would be absolutely shocked if it does not gap down significantly when it reopens, whenever that may be.

Never had a position, but was tempted many times.

g