A Shinning STAR in Farm products industry[Call]
A major processor of oilseeds, corn, wheat and other agricultural commodities.
Also owns an extensive network of logistical asset to store and transport crops around the globe.
Fundamental analysis[Like]
-revenue and net income adj increasing trend
-roe(adj) increase to 14.41% latest compared to 13.91% last year
-diluted EPS increased to 5.42 from 4.79
-total debt to equity ratio 0.59
-fcf reduce to 3879 from 5426 last year
Technical analysis
-price dropped below ema 200 after announcement of rising CPI in mid June
-latest price crossed above ema200 strongly after announcement of earning report that surprised the expectations by 25% yesterday!!![Call] [Allin]
Why this stock?
- strong fundamental background
- technical wise increasing trend and just cross back ema200 above strongly[Evil]
-Good latest earning report yesterday surprised the expectations![Applaud]
Do you think this stock will still keep rising with the announcement of fed rate tonight??[666] [DOGE]
Comments
Bigger than wilmar and is consider top 3 agri commodities in US if i remeber correctly.
Not vested