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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (56224)	2/10/2016 3:49:40 PM
From: E_K_S	Read Replies (1) \| Respond to of 78763

Ag Growth International Inc. (AGGZF) Upped position by 50% w/ small Buy @ $19.03/share Company manufactures and distributes grain handling, storage, and conditioning equipment in the United States, Canada, and internationally. They recently acquired another distributor/manufacturer and had to dispose of all their excess inventory. This is a cyclical business and grain prices have been low so new bins expenditures have been limited to farmers current FCF. International markets have been growing too especially in Russia. Sold half of my earlier shares at/near the $45.00/share high last year and believe the current price is attractive if/when the industry rebounds. They also pay a monthly dividend yielding 8.9% while you wait. For me this is a value buy (based on their dividend) w/ growth potential. Just be sure to peel off shares if/when they move back into the mid $30's. EKS