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


To: Elroy who wrote (68214)8/3/2021 4:09:13 PM
From: E_K_S  Read Replies (1) | Respond to of 78476
 
Re: UAN Close $57.61/share -16.5%

More of those one time charges. I suspect the revenue numbers might be low (vs the commodity prices) since many of their customers 'forward' order their products a year ahead to lock in the then current price.

If prices remain at this level, all these forward contracts will/must use the higher rates. Also, I expect commodity prices to stay high and farmers are going to continue to need the same or more fertilizer for their next year crop.

This current cycle (IMO) has legs and s/d last years not months.

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FWIW SURG $0.1475/share +18% is a Paul Sr. stock I have been accumulating. Like their concept as a FinTech platform using debit and wireless pre-paid plans for the non-banked customers. They actually make money too.