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.

Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (2380)	5/29/2023 6:38:54 AM
From: elmatador	Respond to of 2504

Hi Glenn, Lula honeymoon was short because he expected that the EU and Biden.would receive him with open arms. Didn't happen. He thought that money would flow in because he was the "good" guy who replaced Bolsonaro. Big mistake. US and EU were having problems of their own. Lula was not happy after he US visit and went to China. The Chinese gladly got Lula onboard. But note Lula is a shameless guy. He is still expecting the US offer some goodies for him to tone down his pro-China voice. The author is a leftist by the way. And while Brazilians are mocking Lula's "free style diplomacy", the author tries ro make Lula sound reasonable. He is not. What the Chinese promised Lula probably was to import more from Brazil and, of course, they need Brazil if things get hot in the Taiwan straight. My opinion is that Brazil does not have to play sides as, beside having china as its main trade partner, it exports a lot to the EU and the US. Expect Brazil not to veer far off from the US as they have common defense, technology and economic interests that neither Lula nor any US administration will change. Why is he talking about the war and peace in Europe? Because Lula loves to play the "statesman" he loves the limelight. Not that the Chinese, Americans and Europeans do not know that. Brazil has nothing to do with that situation created by the US and EU and Russia. Let them solve. Who wants Russians out for a condition for peace is the US and the EU. Of course diplomatically telling the obvious, we want peace.

To: Glenn Petersen who wrote (2380)	11/15/2023 11:16:31 PM
From: elmatador	1 Recommendation Recommended By Lance Bredvold Respond to of 2504

Oil still looks like an easier bet for Latin America than renewables Political risk stymies region’s wind and solar potential while fossil fuels deliver reliable returns MICHAEL STOTT The Staatsolie oil refinery in Suriname. Despite abundant hydro, solar and wind reserves, Latin American countries are quickly building up fossil fuel production Michael Stott NOVEMBER 14 2023 23 . Home to a tiny population and a large rainforest, Suriname was famous as one of only three countries in the world that absorb more carbon dioxide from the Earth’s atmosphere than they emit. Now the South American nation is well-known for a different reason. French oil company Total has discovered nearly 700mn barrels of oil offshore and is evaluating a $9bn investment, which would turn Suriname into a significant oil producer. Far from lamenting paradise lost, Suriname’s citizens took to social media to rejoice. “You can imagine the mood,” Chan Santokhi, the former Dutch colony’s president, told the Financial Times. “Finally?.?.?.?people have hope, there is a bright future for everyone.” Suriname exemplifies a trend. Latin America may be one of the world’s best regions for producing green energy, thanks to abundant hydro, solar and wind reserves, but is instead fast building up fossil fuel production. Kingsmill Bond of RMI, a US clean energy non-profit, laments that “people are doing it simply because they have yet to break out of the 20th century mindset of thinking that fossil fuels are the route to riches” — though he concedes that low-cost oil and gas can still make sense. Suriname’s neighbour Guyana is beginning an offshore oil boom that will make the country of 800,000 a top-20 global oil producer by 2026. Its GDP will expand by 37 per cent this year, the IMF predicts, making it one of the world’s fastest-growing economies. To the east, Brazil hopes that the same geology that is making Guyana and Suriname rich will deliver wealth in its territorial waters. Finance minister Fernando Haddad was in New York in September looking for investment in green energy, but state-controlled oil group Petrobras has pledged to invest more than 80 per cent of its $78bn of capital expenditure over five years in oil and gas exploration, and much of the rest in refining. New fields off the mouth of the Amazon could help Brazil to reach a government target of becoming the world’s fourth-largest oil producer by 2029. Francisco Monaldi, a Latin America energy expert at Rice University in Houston, pointed out that if oil demand plateaus in the next few years and then declines slowly, as some scenarios indicate, the world will still need Latin America’s oil. Since many projects have lower costs and carbon intensity than the global average, “I don’t see this as a total contradiction,” he said. Further south, Argentina is expanding shale oil and gas production from its Vaca Muerta deposit in Patagonia, and the International Energy Agency predicts record output of more than 1mn barrels per day in 2028. Venezuela, with the world’s biggest crude reserves, is reversing years of declining production, thanks to a partial easing of US sanctions. It pumped 747,000 barrels per day in the three months to the end of August, up by a third from two years ago. Washington’s decision in October to lift all sanctions for six months could push Venezuela’s production over 1mn bpd, and perhaps to 1.3mn bpd in a year if the relief is maintained, according to insiders. Treading a different path is Colombia, Latin America’s third-biggest oil producer. Production there is declining and no big new discoveries have been made. Rather than encouraging drilling, leftwing president Gustavo Petro has increased oil taxes and banned new exploration contracts to wean the country off fossil fuels. Private oil investment has plunged by a third this year and there is already a natural gas shortage. The shift away from an industry that provides a third of Colombia’s exports might matter less if Colombia were building up its renewable energy industry quickly. But in May, Italy’s Enel abandoned a big wind farm project in La Guajira after years of protests by local communities. The debacle illustrates a problem dogging renewable energy projects in Latin America: political risk. It may help explain why this year only half the energy investment in the region is going to renewables, a slightly lower proportion than in 2019. “Latin America needs much better institutions and regulation to manage renewable energy projects,” said Monaldi. “Oil and gas may be high-risk, but the returns are super high. Oil companies will go and talk to [Venezuelan president Nicolás] Maduro but nobody is going to build a wind farm in Venezuela.” michael.stott@ft.com

To: Glenn Petersen who wrote (2380)	3/23/2024 1:11:38 AM
From: elmatador	Respond to of 2504

Assessing The Sustainability of The Mosaic Co's Upcoming Dividend The Mosaic Co ( NYSE:MOS) recently announced a dividend of $0.21 per share, payable on 2024-03-21, with the ex-dividend date set for 2024-03-06. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into The Mosaic Co's dividend performance and assess its sustainability.Formed in 2004 by the combination of IMC Global and Cargill's fertilizer business, Mosaic is one of the largest phosphate and potash producers in the world. The company's assets include phosphate rock mines in Florida, Brazil, and Peru and potash mines in Saskatchewan, New Mexico, and Brazil. Mosaic also runs a large fertilizer distribution operation in Brazil through its Mosiac Fertilizantes business, which the company acquired from Vale in 2018. The Mosaic Co's Dividend Analysis A Glimpse at The Mosaic Co's Dividend HistoryThe Mosaic Co has maintained a consistent dividend payment record since 2008. Dividends are currently distributed on a quarterly basis. Below is a chart showing annual Dividends Per Share for tracking historical trends. Breaking Down The Mosaic Co's Dividend Yield and GrowthAs of today, The Mosaic Co currently has a 12-month trailing dividend yield of 2.56% and a 12-month forward dividend yield of 2.68%. This suggests an expectation of increased dividend payments over the next 12 months. Over the past three years, The Mosaic Co's annual dividend growth rate was 58.70%. Extended to a five-year horizon, this rate decreased to 50.10% per year. And over the past decade, The Mosaic Co's annual dividends per share growth rate stands at -10.50%. Based on The Mosaic Co's dividend yield and five-year growth rate, the 5-year yield on cost of The Mosaic Co stock as of today is approximately 19.50%. The Mosaic Co's Dividend Analysis The Sustainability Question: Payout Ratio and ProfitabilityTo assess the sustainability of the dividend, one needs to evaluate the company's payout ratio. The dividend payout ratio provides insights into the portion of earnings the company distributes as dividends. A lower ratio suggests that the company retains a significant part of its earnings, thereby ensuring the availability of funds for future growth and unexpected downturns. As of 2023-12-31, The Mosaic Co's dividend payout ratio is 0.22. The Mosaic Co's profitability rank, offers an understanding of the company's earnings prowess relative to its peers. GuruFocus ranks The Mosaic Co's profitability 8 out of 10 as of 2023-12-31, suggesting good profitability prospects. The company has reported net profit in 8 years out of the past 10 years. Growth Metrics: The Future OutlookTo ensure the sustainability of dividends, a company must have robust growth metrics. The Mosaic Co's growth rank of 8 out of 10 suggests that the company's growth trajectory is good relative to its competitors. Revenue is the lifeblood of any company, and The Mosaic Co's revenue per share, combined with the 3-year revenue growth rate, indicates a strong revenue model. The Mosaic Co's revenue has increased by approximately 21.80% per year on average, a rate that outperforms approximately 68.28% of global competitors. The company's 3-year EPS growth rate showcases its capability to grow its earnings, a critical component for sustaining dividends in the long run. During the past three years, The Mosaic Co's earnings increased by approximately 24.00% per year on average, a rate that outperforms approximately 51.23% of global competitors. Lastly, the company's 5-year EBITDA growth rate of 54.50%, which outperforms approximately 90.85% of global competitors. Engaging Conclusion: The Mosaic Co's Dividend OutlookIn conclusion, The Mosaic Co's upcoming dividend, consistent historical payments, and a strong yield growth trajectory present an attractive opportunity for value investors. The company's low payout ratio coupled with high profitability and growth ranks indicate a sustainable dividend policy. Investors should also note The Mosaic Co's robust revenue and earnings growth, which further support the likelihood of continued dividend payouts. As the company progresses, it remains a noteworthy candidate for portfolios seeking steady income with growth potential. Will The Mosaic Co continue to meet the expectations of dividend-seeking investors in the years to come? GuruFocus Premium users can screen for high-dividend yield stocks using the High Dividend Yield Screener. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Mosaic acquired the rest of Vale’s phosphate assets in Brazil, Vale’s stake in Peru’s Bayóvar mine and Canada’s Kronau potash project. Mosaic has yet to decide whether to include Rio Colorado potash project in Argentina in the acquisition.