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Tech Talk Forum - Timing The Markets › Investing in... › Agriculture › Comments on Agrium (AGU)

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Comments on Agrium (AGU) (Read 1693 times)

Misterhoney YaBB Newbies Offline DVTechTalk Follower Posts: 14	Comments on Agrium (AGU) Jun 13^th, 2007, 3:55pm Hi Don, I was wondering what do you think about Agrium. We heard on the news that prices of wheath is at an all-time high because of plans of using more bio-fuel. Do you think it's a good idea (and time) to buy AGU?
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Don_Vialoux

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Re: Comments on Agrium (AGU)
Reply #1 - Jun 15^th, 2007, 1:00pm

Agrium has a period of seasonal strength from the end of June to the end of December. Technicals are mixed. Trend is neutral. Resistance is just over $48 and support is at $39.00. Momentum data is neutral. Fundamentals are positive. EPS will increase from $1.16 U.S. in 2006 to $2.54 in 2007 and $2.94 in 2008. Most of the gains this year will be recorded in the second and third quarter.

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aggiethecat Full Member Offline DVTechTalk Follower Posts: 132 Kelowna, BC, Canada, canada, 80, 349 Gender:	Re: Comments on Agrium (AGU) Reply #2 - Jun 15^th, 2007, 3:21pm Don, does this period of Seasonal strength apply to all Agricultural Stocks? (I did look at Seasonality under Education but did not spot Agriculture). Thanks AC
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Don_Vialoux YaBB Administrator Offline DVTechTalk Author Posts: 258	Re: Comments on Agrium (AGU) Reply #3 - Jun 16^th, 2007, 4:36pm Yes, Agriculture stock such as Agrium, Potash Corp and Deere have a period of seasonal strength from the end of June to the end of December. The sector does not have an index or ETF and therefore is not officially included in the general seasonality list. Seasonality studies were completed on each securitity mentioned above.
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lony Full Member Offline DVTechTalk Follower Posts: 111 Canada, canada, 394, 389 Gender:	Re: Comments on Agrium (AGU) Reply #4 - Jun 18^th, 2007, 7:39pm By name, the PowerShares Agriculture Fund would appear to be a way to play agriculture seasonality. However, it is just 25% each of corn, wheat, soybean, and sugar. The following is a link to the fact sheet for the ETF, DBA. http://www.powershares.com/pdf/P-DBA-PC-1.PDF
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pacificus YaBB Newbies Offline DVTechTalk Follower Posts: 2	Re: Comments on Agrium (AGU) Reply #5 - Nov 1^st, 2007, 5:05pm Don, How does your view on AGU change at this point in the market?
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Don_Vialoux YaBB Administrator Offline DVTechTalk Author Posts: 258	Re: Comments on Agrium (AGU) Reply #6 - Nov 2^nd, 2007, 1:00pm Agrium has a period of seasonal strength from the end of June to the end of December. Technicals continue to support seasonal influences.
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Tech Talk Forum - Timing The Markets › Investing in... › Agriculture

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