Viterra Inc (VT.TO)
Financials 
Technical Analysis 0
HOLD
A tough one to call. Thinks it will still work out long-term. Diversifying into Australia makes sense for them. Agriculture commodities long-term are a huge growth industry.
Martin Hubbes, CFAOwned
agriculture
TOP PICK
(A Top Pick Sept 2/09. Down 22.3%.) Ran into some headwinds lately, particularly in Australia where margins have not been as high as had been hoped for. Last year's Australian acquisition balances them seasonally for grain handling. Won't be as volatile as a pure fertilizer play.
Michael SprungOwned
agriculture
COMMENT
Grain handling in Western Canada did not have a lot of growth prospects. Acquired an Australian operation. Prefers to play the agriculture cycle through fertilizer stocks. If you have a 2-3 year time horizon, the stock price will recover. Near term, there is some question on the planting in Western Canada.
agriculture
HOLD
Sold a percentage, unfortunately. Question is whether it should be back on the buy list. They have a lot of debt. CEO likes to acquire companies and is he making debt load too think. He wants to wait until acquisitions are over.
Benj GallanderOwned
agriculture
PAST TOP PICK
TOP PICK
[Was past pick] Sometimes a pick goes down and you have to reassess. It’s now a better buy that it was. There are some things that delayed their earnings potential. There have been weak wheat prices. Earnings will be less this year than he had anticipated they would be, but they will be a dominant player in Canada in the agriculture business, especially in grain handling. Stock has more than pulled back.
Michael SprungOwned
agriculture
DON'T BUY
Great company. Has expanded brilliantly across into Australia, which gives a better access to Asian countries. Seems to have been stuck for a long time.
Michael SmedleyOwned
agriculture
TOP PICK
Agriculture industry has slowed down and wheat prices have been weak and they make a lot of their money through grain handling. Australian acquisition had a few bumps but they have straightened this out. Current weakness is a good buying opportunity. Very cheap.
Michael SprungOwned
agriculture
BUY
Looking at a good crop developing in Australia, concerns about wheat pricing and suppliers getting hit. A cheap stock, but be prepared for volatility.
Sandy McIntyreOwned
agriculture
'%20fill='%23ffffff'%3e%3cg%20id='Pager'%20transform='translate(423.000000,%201755.000000)'%3e%3cpath%20d='M243.295367,17.286474%20C243.68919,16.9045087%20244.327703,16.9045087%20244.721525,17.286474%20L249,21.4361302%20L253.278475,17.286474%20C253.672297,16.9045087%20254.31081,16.9045087%20254.704633,17.286474%20C255.098456,17.6684393%20255.098456,18.2877274%20254.704633,18.6696927%20L249.35654,23.856763%20C249.159628,24.0477457%20248.840372,24.0477457%20248.64346,23.856763%20L243.295367,18.6696927%20C242.901544,18.2877274%20242.901544,17.6684393%20243.295367,17.286474%20Z'%20id='Path'%20transform='translate(249.000000,%2020.500000)%20scale(-1,%201)%20rotate(-90.000000)%20translate(-249.000000,%20-20.500000)%20'%3e%3c/path%3e%3c/g%3e%3c/g%3e%3c/g%3e%3c/svg%3e)
'%20fill='%23ffffff'%3e%3cg%20id='Pager'%20transform='translate(423.000000,%201755.000000)'%3e%3cpath%20d='M243.295367,17.286474%20C243.68919,16.9045087%20244.327703,16.9045087%20244.721525,17.286474%20L249,21.4361302%20L253.278475,17.286474%20C253.672297,16.9045087%20254.31081,16.9045087%20254.704633,17.286474%20C255.098456,17.6684393%20255.098456,18.2877274%20254.704633,18.6696927%20L249.35654,23.856763%20C249.159628,24.0477457%20248.840372,24.0477457%20248.64346,23.856763%20L243.295367,18.6696927%20C242.901544,18.2877274%20242.901544,17.6684393%20243.295367,17.286474%20Z'%20id='Path'%20transform='translate(249.000000,%2020.500000)%20rotate(-90.000000)%20translate(-249.000000,%20-20.500000)%20'%3e%3c/path%3e%3c/g%3e%3c/g%3e%3c/g%3e%3c/svg%3e)
