Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Taikun who wrote (977)	10/2/2005 9:37:41 AM
From: Slagle	Read Replies (1) \| Respond to of 218543

Taikun, Re: "Japanese small cap" Some of these will be winners no doubt. But how do you keep track of how these individual stocks are doing? Do you watch the price/volume action on the Japanese market and then figure the USA pink sheet shares will follow? Do you have a source for daily charts for these issues on the Tokyo market? Slagle

To: Taikun who wrote (977)	10/5/2005 6:30:41 AM
From: elmatador	Respond to of 218543

Perhaps crop protection could be an area to look at. Big Brazilian dividend By GEOFF EASDOWN 05oct05 agribusiness FARM chemicals maker Nufarm's decision to buy into a Brazilian business reaped a $19.1 million first-year dividend yesterday. The contribution from Brazil's Agripec Quimica e Farmaceutica was 70 per cent of the $27 million profit rise Nufarm reported. Melbourne's Nufarm has more than 40 per cent of Australia's crop-protection market and produces best-selling weedkiller Roundup. The company has built a network of businesses in Europe and the U.S. since the late 1980s, the latest being the 49.9 per cent interest acquired last year in Agripec. Managing director Doug Rathbone yesterday described as significant Agripec's contribution to Nufarm's bottomline. While the figure was below what had been expected because of product returns, the profit contribution "was still a very good return on investment". He said the decision to invest with a local partner in Brazil had paid off and Nufarm would continue to grow. It reported an after-tax result for the full year to July 31 of $103.5 million, or 61.2c a share, a 35 per cent improvement on the $76.5 million or 46.9c-a-share, drought-affected result last year. Sales rose to $1.67 billion from the $1.59 billion in 2005. Mr Rathbone said the results "reflected a robust global business, well positioned to achieve more growth in both revenues and earnings". Major markets in Europe and the U.S. reported significant sales and profit growth, he told analysts. European and U.S. markets had been key drivers in achieving this year's outcome while Australian sales grew slightly to $657 million. "Nufarm is a very large part of the Australian market so the opportunity to grow the business is a challenge," Mr Rathbone said, noting that good crops in northern parts of the country last summer and big plantings in Western Australia had fielded good sales. Australia and New Zealand accounted for 49 per cent of total sales, the Americas 28 per cent and Europe 23 per cent. A total of $15.4 million was earned from selling U.S. business Nufarm Specialty Products and a French-based pharmaceuticals outfit, SEAC, which Mr Rathbone said would force staff cuts. A further $800,000 profit was booked from selling non-core businesses, he added. The figures were in line with a previous company forecast. Nufarm shares rose 13 to $11.25.