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China Green Agriculture Inc T.CGA


Primary Symbol: CGA

China Green Agriculture, Inc. is engaged in the research, development, production and sale of various types of fertilizers and agricultural products in the People's Republic of China (PRC) through its Chinese subsidiaries, Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. (Jinong) and Beijing Gufeng Chemical Products Co., Ltd. (Gufeng), and its variable interest entity (VIE), Xi'an Hu County Yuxing Agriculture Technology Development Co., Ltd. (Yuxing). The Company's segments include Jinong (fertilizer production), Gufeng (fertilizer production) and Yuxing (agricultural products production). The Company's primary business is of fertilizer products, specifically humic acid-based compound fertilizer produced through Jinong, and compound fertilizer, blended fertilizer, organic compound fertilizer, slow-release fertilizers, water-soluble fertilizers and mixed organic-inorganic compound fertilizer produced through Gufeng.


NYSE:CGA - Post by User

Comment by retiredcfon Nov 02, 2011 10:46am
146 Views
Post# 19201720

RE: RE: This is my largest holding right now.

RE: RE: This is my largest holding right now.There are a couple of reasons why this stock has been held back - the SAG mill repairs and a slight miss on latest production numbers and costs of production. Perhaps this will make you feel better, CIBC World Markets released an analyst report two days ago. They argue that with the recent drop in stock price, CGA is now trading at a significant discount to its peers. With the repairs almost complete, catalysts on the horizon and recent success through the drill bit, they feel that now is the time to jump into the stock. WIth this in mind, they rate CGA as their top pick in the gold sector with a rating of Sector Outperform and a target price of $4.00. GLTA
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