Player Avatar TMFDeej (99.24) Submitted: 3/25/2012 5:38:49 PM : Outperform Start Price: $1.97 RTK Score: -26.37

Rentech's core synthetic fuel business is complete garbage, but there's still quite a bit of value here. The company's recent fertilizer spin-off Rentech Nitrogen Partners (RNF) seems to be a decent business. Rentech still owns over 60% of it, which using the company's current market cap is worth over $600 million.Add to that $190 million in net cash Rentech has and you're left with a company that is theoretically worth just under $800 million, yet has market cap of only $473.Assuming Rentech's terrible management and worthless synthetic fuel business don't destroy too much value this one looks like it has room to run.Deej

Member Avatar jpmj (68.26) Submitted: 1/30/2013 4:04:33 PM
Recs: 0

Thanks Deej, I'm in for some wild money (short) with the hope it will run long......retirement money.jpmj

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