Viterra Inc VTRAF

cash flow

[shinny1]

Whoo, talk about a few naysayers. Bought high, AGAIN? The market doesn't care.

The new credit facility looks like an excellent stroke - lower interest rate and, unsecured. Also good time to convert to Canadian dollars when it is high relative to Aussie (on the assumption that will revert to the mean).

Comany has equity of close to $7.00 per share, EXCLUDING all capital assets. That's right, current assets minus ALL debt = $7.00 per share. Surely, all those buildings and equipment are worth something ($3B on the books) but leave that out.

In addition, business will generate $1.10 in FREE cash flow in 2010. Add that to fire sale equity. You get $8.00 per share. for each and every one of the 372M shares

Looks like the price is right for buying. Opportunuity to buy this company below $9.00 during the past four years was rare. I mentioned before to look at BG and ADM on the NYSE. Both in the same business and share prices have languished the same. That's how it works. Same for POT and MOS (N). Grain prices and related commodities' have been low for a couple of years. That will change and when it does ... Also, note that the share price is 40% off the 2008 high. ADM is down 40% and POT is down 55% and so on.

But complain about Mayo Schmidt's salary and his photogenicity if you will, as a salve for poor personal investment skill ........ If nothing else, you should have investigated the management before you bought OR conversely, sold at the 2008 high if you bought before then. NO EXCUSES.

I hope the price drops  a bit more.

[Kerina]

You better watch all that pretty talk, shinny, or you'll make me want to average her down, in spite of some fine warnings against such behaviour!  ;-)Kerina

[norris07]

Looks like a drop of a cliff doesnt it .22mill still on the shortNobody wants it enough to overcome the pressure.overpowering sells.I guess people have quit eating.whats the volcano going to do to european crops.got good moisture in sask,now sun,usually a good sign but not today!!!!cheers boys,.

[porksniffer]

Obviously the people defending Mayo, his outrageous compensation package, his terrible full premium acquisitions and his management are people who don't own the stock. Yes, chalk me up as a disgusted long. The Mayo fans here like to point to the SWP days and how he brought them back from the brink. But hang on a minute. What about shareholders who bought this POS 1,2,3 years ago? Where is the

[swpb]

I've been in and out since the swp days. Mayo was good at restoring the old farm into a corporate entity, however that's where it ended. The manitoba purchase (AGU is that it?) was a good move, a lot expensive (22 when it traded at 10) but it got swp on the map. the rest of this stuff is a bit strange. and someone has figured it out, it looks like the thing to do is short this pos as much

[swpb]

and if anyone thinks it is good for the stock to go to 6.00 needs to see a friggen psychiatrist. you will notice no one from the BNN stage will even comment on this pos.

[Kerina]

I'm not sure that it should matter that much, but Viterra was commented upon favourably  just this week by Jaime Carrasco on Market Call.  The BNN stage spotlight still deigns to shine upon it.Kerina

[swpb]

I am glad there are some favourable comments. The company should be striding to $20, the problem is the purchases were first rich and secondly I don't understand the pasta purchase. This company is a grain transporter, the Manitoba purchase was a core business, the ABB was a core business, but pasta manufacturing? pleaseThis reminds me of the pork and donut shops. I don't know what's