Welcome to China Agritech

Wieso gibt es hier noch keinen Thread zu China Agritech Inc. (CAGC)?

Düngemittel und China kein Thema ?! 

Zu Unrecht wie der Blick auf die Fundamentals der Company zeigt: http://phx.corporate-ir.net/...zhtml?c=144878&p=irol-fundamentals

As of March 31, 2008, China Agritech had $11.7 million in cash and restricted cash, no long-term debt and $53.2 million in working capital. ...China Agritech completed its first granular fertilizer factory with 50,000 metric tons capacity in Beijing in March 2008 which expected to start its commercial production by end of May of 2008 or early June of 2008. The Company is also considering options to acquire an existing granular fertilizer factory to expand its production capacity. It plans to acquire a well-run facility with established markets in the Anhui province and has currently initiated the evaluation process. The two granular factories in Harbin and Xinjiang expect to start the construction in June of 2008.

Betroffen vom harten Winter und dem kürzlichen Erdbeben, wurden die Erwartungen für 2008 nach unten korrigiert:

"...Recent earthquake in Sichuan province has also affected the sales expected from this region. Therefore, China Agritech is adjusting its previous guidance for full year 2008 downward to revenue of $54 - $56 million, and net income to $8.5 - $9.0 million, or earnings per share of $0.35 to $0.37..."

Aber hallo, d.h. beim aktuellen Kurs von 2,03 $ -  trotzdem ein KGV (08) von 5,6 !

Nun denn, die 200 Tagelinie ward grad genommen, als das schreckliche Erdbeben über China´s Provinz Sichuan hereinbrach, laßt sie uns zurückerobern !

 

 

 

 

China Agri-Industries target price raised to 7 hkd - Goldman Sachs

Goldman Sachs has raised its target price on China Agri-Industries Holding Ltd (606.HK) to 7 hkd from 6.7 while maintaining its "buy" call on the mainland-based agricultural products producer, citing higher earnings forecasts.

Goldman raised its 2008 and 2009 earnings per share (EPS) estimates for the company by 20 pct and 16 pct, respectively, to 1.76 bln and 1.92 bln hkd, factoring in the expected recovery of unrealized losses and capacity expansion.

Goldman noted that China Agri-Industries remained positive about its 2008 earnings as it has hedged the costs of its oilseed processing business.

It also adopted a flexible subsidy mechanism to reduce margin volatility on its biofuel business, the brokerage said.

Moreover, its new biofuel and biochem plants should contribute more to its earnings from 2008 while capacity expansion being extended to other divisions as well, Goldman said.

China Agri-Industries reported yesterday that its 2007 net profit rose 46 pct year-on-year to 1.1 bln hkd, 7 pct below Goldman's estimate.

However, the net profit included an unrealized loss of 381 mln hkd from hedging activities in its oilseed processing business.

The company said it expects to fully recover the unrealized loss in the first half of this year.

At 3.50 pm, shares of China Agri-Industries were trading up 0.15 hkd or 2.87 pct at 5.38.  

....da hast du dich ein wenig vertan. Außer einer gewissen Ähnlichkeit im Namen, haben die nix gemein.

Bei Yahoo Finance gibt es eine sehr aktive Community zu China Agritech Inc.

http://messages.finance.yahoo.com/...Z%29/Stocks_C/forumview?bn=76075

"....+ no long tem debt
+ granular fertilizer to go online end of May/early June
+ major listing(?)

i have waited for this price ... thanks for the ones who shorted this stock and sold early. i see an excellent future for this company..." 

Thanks !

...die "Performance seit Threadbeginn" erst heute anfängt zu tickern.

Was soll´s, eh nur Statistik.

 

...dann haben wir die Erdebebendelle bis Ende Mai oder erste Juniwoche ausgebügelt !

BEIJING, July 9 

 China Agritech, Inc. announced that it has entered into a contract with AL-WAHA KHDRAA CO., a subsidiary of AL Ezz Group, a distributor of agricultural and fertilizer products to the Middle East and Africa...

http://biz.yahoo.com/prnews/080709/cnw010.html?.v=51

 

http://www.smallcapgenius.com/component/content/article/47.html

http://www.finanznachrichten.de/...chten-2008-08/artikel-11513485.asp

 

BEIJING, Sept. 4 /Xinhua-PRNewswire-FirstCall/ -- China Agritech, (News) Inc. (BULLETIN BOARD: CAGC) ("China Agritech" or "the Company"), a leading liquid organic fertilizer manufacturer in China, today announced that the Company has entered into a contract with Superus Company Ltd. ("Superus"), an international company in Ukraine in the business of trading agrochemical products....

www.finanznachrichten.de/...chten-2008-09/artikel-11678771.asp