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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (46085)	2/23/2012 4:47:31 PM
From: E_K_S	Respond to of 78666

Bunge to boost investments in Brazil agriculture Thu Feb 23, 2012 2:55pm EST * Bunge to up Brazil investments by 1 bln reais * Company announced $2.5 bln investments through 2016 in Aug * Local executive Parente sees potential in palm oil production reuters.com From the article:"... International foods processor Bunge Ltd plans to invest an additional 1 billion reais ($584 million) in Brazil with a possible focus on palm oil production, the company's chief executive of agribusiness in Brazil, Pedro Parente, said on Thursday. The investment is in addition to the $2.5 billion in investments through 2016 in sugar, ethanol and biomass energy generation that the company announced in August...." ---------------------------------------------- Palm Oil is now another production crop in their basket of goods. I like to see that they are building their exposure in Brazil. Company is cheap selling below it's Tangible Book Value of $68.23/share. With a GN value of $96.53, the stock (to me) is still a bargain selling 42% below it's GN. Several of these AG companies sell at a discount to their GN but I hardly ever see them sell below their tangible BV. This one is still on my Buy list but waiting for a market correction to add more shares. EKS