Agricultural Companies listed on ASX

[early birds]

In reply to: krk004 on Saturday 29/12/07 11:08am

thanks krk, hope you keep up good work for this thread for the new year! http://www.sharescene.com/html/emoticons/tongue.gif

 

bought some AWB CSR last few session

AWB----- bet on wether will improve a lot in 2008. we already seen rain falls last few weeks. with the weat still trade at near it's high and that old "kick back" thing will resolve sooner. i'd think AWB will bring some good earning numbers in 2008.

 

CSR---- sugar price just breakout from years long bottom prosses patten. from last earning release, the low sugar price dog the earning at 2007, but other department rather performed strongly--- easy pick for this one.

 

agree with you that Agricultual should be the star for 2008!! with inflation ticks high and plenty liquidity around, soft commodity is the place to park cash!!

 

very good work krk, and good luck for 2008!!

 

cheers

EB

[krk004]

In reply to: early birds on Saturday 29/12/07 01:22pm

Thanks EB,

 

Another ASX sugar play you may not be aware of is MSF.

 

Don't hold as yet, but have on the watchlist - watching the recent price action, may be not far off!

 

Had AWB for a little while, price action went against my investment rules so had to bail earlier than I would have liked. http://www.sharescene.com/html/emoticons/grrr.gif

 

Do still hold ABB though - comforted by fact Third Avenue Management (Third Avenue Funds Management - Website) have a decent holding (~10%) through their international fund. 'Value' manager in USA, who seem to have various substantial holdings in assorted agri-stocks worldwide, although ABB is only ASX-listed company.

 

All the best for 2008 as well, http://www.sharescene.com/html/emoticons/biggrin.gif

 

Cheers,

 

DYOR & KYOIS.

[krk004]

For the week;

 

ASX 200 - down 0.5% (6339.8 down to 6306.8)

 

yet, from the Ag-stocks regularly mentioned on this forum;

 

ABB +5.28%

AWB +5.61%

AAC +5.59%

AAQ +11.90%

ARJ +5.98%

COZ +10.06%

CSS +18.47%

FNP +15.69%

FCL -1.40%

GNC +2.88%

GTP -5.91%

IPL +7.44%

MSF +2.50%

NAM -4.30%

NUF +8.95%

PAG +2.26%

RHL +2.50%

RIC -0.86%

RWD +10.53%

SHV +4.67%

TGR +0.48%

TIM -7.64%

WBA +4.63%

WCB -1.16%

WFL -2.94%

WKL +7.50%

 

(source - AFR 5/1/08)

 

With the DOW posting a big negative overnight, interesting to see how this sector reacts. http://www.sharescene.com/html/emoticons/unsure.gif

 

DYOR & KYOIS. - I hold ABB, RIC, PAG & WFL (at this stage!). http://www.sharescene.com/html/emoticons/wink.gif

 

 

 

 

 

 

 

[bunyip2]

In reply to: krk004 on Saturday 05/01/08 09:57am

http://www.sharescene.com/html/emoticons/cool.gif Enjoy your enthusiastic posts ref Agriculture. Not surprised that my long term FCL (Elders) are performing to par. Did sell 2000 last year & put into TFC @ av .66c.A much more successful punt. Should do same with FCL balance but just can't let go completely. I never really thought about being an emotional investor but always held Elders prior to & including "Elliot" fiasco Fosters etc. Did well & I guess my final 8000 really owe me nothing but Elder's potential "Iiee" oh what a waste so I guess I must still believe in fairies & at my age that really means 2nd childhood. Competant management but "B**g*r" shareholders. Perhaps 2008 they will open there Alladins cave a little but I remember thinking that over 6 years ago & still waiting. Please advise when you dip your toe's into PAG. Cheers, b2

[kevtus]

Very useful information for an American such as myself.

 

Thank you. It gives me a nice list of ag companies to research.

[krk004]

In reply to: bunyip2 on Saturday 05/01/08 01:15pm

b2,

 

FCL is your proverbial cork in the ocean - just up & down without doing too much.

 

Remember days, when used to compare WES (sold Landmark to AWB) & FCL.

 

WES just headed North & FCL, well... was where it is today!

 

Posted on PAG forum that I took a position in PAG, earlier in week at approx. $1.82.

 

Like to think that if it's good for Mr James Packer (at $2.00 I assume), then it's good enough for moi. http://www.sharescene.com/html/emoticons/cool.gif

 

Cheers,

 

DYOR & KYOIS.

 

 

[triage]

In reply to: krk004 on Saturday 05/01/08 03:47pm

krk004

 

I like to think that you are a bright chap and I would be disappointed if you were making investment decisions by following Packer around. Don't you realise that he has to overcome the curse of the third generation wealthy. http://www.sharescene.com/html/emoticons/rolleyes.gif

 

Does that mean that you are also going to go to Macau and Las Vagas and starting to do deals with the locals? Don't know much about Las Vagas other than the movie cliches but I suggest it takes a brave person to go into Macau as an outsider.

 

You did well not to get in at the PAG's IPO. I just cannot see where PAG has a competitive advantage so will hold off on it for the time being. But good luck with your investment.

 

On another topic, you don't know of any listed companies with exposure to cotton do you? It is an industry that has not done well of late so maybe with some rain about it may be about to turn (?).

[King Baz]

QUOTE

You did well not to get in at the PAG's IPO. I just cannot see where PAG has a competitive advantage so will hold off on it for the time being. But good luck with your investment.

http://www.sharescene.com/html/emoticons/biggrin.gif

 

 

No value . . .

 

 

Cashing out into a strong ag-commodity cycle . . . very Dairy Farmers (the coy) esque

[macduffy]

triage

 

There is, of course, Namoi Cotton Co-Op - NAM.

 

Doesn't appeal to me, but its there!

 

http://www.sharescene.com/html/emoticons/unsure.gif

[krk004]

QUOTE (triage @ Saturday 05/01/08 05:59pm)

triage,

 

No, haven't disappointed you, my moves are dictated on price action and PAG did enough late last week after listing to 'satisfy' my investment rules. http://www.sharescene.com/html/emoticons/wink.gif

 

If it goes against me, will have to get out - irrespective of agri-sector potential.

 

James Packer on-board makes for interesting discussion...

 

If you have seen my posts on IPL, you would note that I would love to take a position in this company, but my 'investment rules' haven't given me that opportunity yet. http://www.sharescene.com/html/emoticons/grrr.gif

 

There is another ag-company I really like and will take a position on Monday morning, should all be okay.

 

I use the link below from ASX site when I want to start initial research for certain companies, used it to start compiling my initial agricultural shares list;

 

ASX Company Search

 

Keep up the posts here on Ag-shares, we need good input from posters like yourself. http://www.sharescene.com/html/emoticons/smile.gif

 

DYOR & KYOIS.