Green Plain is engaged in the production of ethanol. SimplyWall.st describes it as 'unattractive dividend payer with mediocre balance sheet'. Big debt though high net worth.
Technically price in the strong supply zone (spent there 2009-2011) and seems to have completed correction. I do not know why.. maybe demand for ethanol will skyrocket but the stock looks promising despite lousy fundamentals. Or maybe the company is on somebody's acquisition list.
Because the balance sheet is not perfect I will allocate only 1% of the total portfolio. Next company to look at from this industry is REGI which has a much stronger balance sheet and undervalued.
Technically price in the strong supply zone (spent there 2009-2011) and seems to have completed correction. I do not know why.. maybe demand for ethanol will skyrocket but the stock looks promising despite lousy fundamentals. Or maybe the company is on somebody's acquisition list.
Because the balance sheet is not perfect I will allocate only 1% of the total portfolio. Next company to look at from this industry is REGI which has a much stronger balance sheet and undervalued.
Nota
I bought small and still hold it. The bottom is near. Oil is surging. Let's buy some more at $7 and let's look at this REGI thing as well.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.