MGP Ingredients, Inc. (MGPI)

cubanstockpicker (73.68) Submitted: 3/27/08 5:55 PM : Start Price: $7.14 MGPI Score: -27.79

THIS IS NOT AN ETHANOL STOCK- REPEAT NOT AN ETHANOL STOCK
This is their breakdown
1: Veggie Burgers, pastry mixes, food adhesives, meat fillers, that wheat filler you see in hot dog packets, salad dressings, ice cream toppings, pancake syrup, low fat solutions, meat substitutes, cereals, imitation cheese, candies, pizza crusts

2: Shampoos soaps creams, styling aids ALL PLANT BASED

3:Pet chewable items also, molded pet chews all healthy and digestible

4: Biobased polymers(which are now being pushed by the USDA to get preferential treatment) that make plastics, both hard and soft including, tables, credit cards, golf tees which are an alternative to oil based polymers.

5: Thier alcohol they produce is used for the highest quality gins and vodkas and cordials also used for food dyes, mouth washes, vinegar and cosmetics and pharmaceuticals

6: Last and least, they do produce ethanol, which is made of the stuff they cant use to make food grade alcohol. So basically their waste product is a little side business that some of these whacked out ETHANOL companies have tried to make their primary source of BUSINESS.

Im sticking with these guys.

NOW ONTO THEIR FINANCES
Not bad with a pretty good yield and actual profits.

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