LONG BEACH - Tcw Group Inc added the Mosaic Co (MOS) company to their portfolio, by buying 836,145 shares as shown by filings made public on 2008-05-02. http://www.mffais.com/newsarticles/2008-05-02/2481596-125380.html
"We're in a new era," said Mike Helmar, director of industry economics at Moody's Economy.com, "where prices are going to be a bit higher than they were in the past." http://biz.yahoo.com/ap/080527/food_inflation_winners.html?.v=7
Mosaic Co (MOS) newly added by Dreyfus Founders Balanced Fund Dreyfus Founders Balanced Fund added the Mosaic Co (MOS) company to their portfolio, by buying 7,000 shares as shown by filings made public on 2008-05-29. http://www.mffais.com/newsarticles/2008-05-29/2481596-96908.html
The Mosaic (MOS) RALLY beginning. MOS is very undervalued on forward P/E basis FRANKFURT, June 3 (Reuters) - German potash maker K+S (SDFG.DE: Quote, Profile, Research) sharply raised its forecast for 2008 core profit for the second time in three weeks on Tuesday, citing rising prices for fertilisers. http://www.reuters.com/article/marketsNews/idCAL0318851920080603?rpc=44
Citigroup Global Markets úD Equity Research 3 June 2008 night What's New ¡X MOS provided select financial and operating guidance for FY09 and indicated it expects to report "robust" 4Q results. The company anticipates FY09 phosphate sales volume of 9.0¡V9.4 mln tonnes (vs. our 9.1 mln tonnes est) and potash of 8.2-8.6 mln tonnes (vs. our 9.1 mln tonnes est). Potash volume guidance appears light, but our EPS estimate of $14.70 is mostly driven by pricing so we are not concerned with the lower volume. Ææ Pricing for F1Q09 ¡X MOS expects to realize F1Q DAP pricing of $1,020- $1,080/tonne and potash pricing of $460-$510/tonne compared to our respective estimates of $1,038/tonne and $481/tonne, which stand at the lower end of the ranges. While there are other variables consider, there may be upside to our F1Q estimate of $2.78. In addition, spot markets for DAP and potash suggest even higher price realizations in F2Q. Ææ Other Detail ¡X FY09 guidance included capex of $900-$1,100 mln, SG&A of $360-$390 mln, resource taxes and royalties of $700-$1,000 mln, and an effective tax rate of 30-35%, all well above the prior year due to potash expansions and rising profitability. Please see Figure 1 for a comparison of FY08 vs FY09 guidance. Ææ Conclusion(s) ¡X Stepping back from the details, we believe this initial guidance supports our street high estimate of $14.70 for FY09 vs the Street of $11.26, implying that MOS shares are trading at an attractive 8.9x P/E with a free cash flow yield of ~10% despite the capex bump. We reiterate our Buy (1 H) rating and $200 target price Commodity Agriculture (Citi)
Short Term Indicators Average: 80% - Buy Medium Term Indicators Average: 75% - Buy MOS Long Term Indicators Average: 67% - Buy http://quote.barchart.com/texadv.asp?sym=MOS And MOS will be overbought only above $149. The stock has room to go up http://charts3.barchart.com/procal.asp?sym=MOS
Thats what I've been saying for the past year. The new era is real, and I am making a lot of $$ with MOS and Visa stock. I know how to make money in stocks and am rarely wrong.
Those AG stocks will fall just like the rest of those stocks that everyone thinks only go one way, UP. When GOOG was 700 everyone thought it was going to $1000, what happened, stock fell over 45%, CME is another high flying stock that has recently dropped off a cliff, every stock will shine and every stock will fall, just like these AG stocks, they will fall very hard just like every stock that becomes the darling of wallstreet.