Summer Sale
50% off Premium Yearly
00days
00hrs
00mins
00secs
Opinions Cameron Webster
Hanfeng EvergreenHF.TOBUYMay 08, 2008
An interesting play on fertilizer. Listed in Toronto but the entire business is in China. Very interesting play and you are probably getting up at a decent discount to Agrium (AGU-T). Agrium owns a big chunk of this one.
Cameron WebsterUnknown
$12.38
Stock price when the opinion was issued
other services
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
You might be interested:
WAIT
Operating results have been disappointing for the last couple of years but finally got some good numbers this last quarter. This has to continue and they need to execute on some of their project expansions. He would like to have a bit better understanding of their strategy. He would like to see at least one more quarter.
other services
COMMENT
Fertilizer manufacturer based in China. Food inflation is quite positive for fertilizer prices. The question is, how much do you really know about what is going on with this company in China. Lack of visibility will likely restrain prices. Prefers Hemisphere GPS (HEM-T) in the agriculture space.
other services
BUY
Fertilizers and their market is mostly in China. Has been looking at this one and really likes it. Trading at a nice discount to its intrinsic value. Likes food and the emerging markets.
Jaime CarrascoOwned
other services
PAST TOP PICK
(A Top Pick Oct 15/07. Down 65%.) Great growth profile. Agrium (AGU-T) owns a piece of it. They don't need any money. If you own, continue to Hold but if you have a 3 year time frame, it's a Buy. Industry is fine.
Peter HodsonOwned
other services
COMMENT
Hanfeng Evergreen (HF-T), Hanwei Energy (HE-T) and Migao (MGO-T) are interesting plays into China. Have been crushed but give direct exposure to what he expects will be the strongest currency over the next 25 years. You are buying them with multiples of earnings (not cash flows) that are unbelievably low. Wants to look at these more closely and would be buying if he had more time.
other services
PARTIAL BUY
Good play on fertilizer in China. Go in gently and try to average your entry price over time. Once the Olympic hangover is over and China goes back to work, this could be one that benefits significantly.
Michael DecterOwned
other services
BUY
PAST TOP PICK
(A Top Pick Oct 31/07. Down 27.5%.) In the right sector, but being affected by the Chinese market being very weak.
Veronika HirschOwned
other services
PARTIAL BUY
Recently announced expansion in China and in another country. Good shareholder base, great technology and fabulous management but the stock has done next to nothing. Chipping away at this.
Peter HodsonOwned
other services
