SunOpta, Inc. (USA) (STKL)

dcookie (25.68) Submitted: 6/28/06 5:19 AM : Start Price: $9.15 STKL Score: -52.38

Sunopta (STKL) just jumped into the buy column for me (Jun 26,06). This announcement 3days prior swung my vote: "CRAC (China Resources Alcohol Corporation) is the second largest ethanol producer in China. CRAC's goal is to install 5,000 Tonnes per year (1.7 Million US gallons per year) of cellulosic ethanol capacity by the end of 2007 and 1,000,000 Tonnes per year (330 Million US gallons per year) by 2012 utilizing multiple lines of SunOpta's proprietary process technology and equipment."

STKL is primarily a natural and organic food company, but they've got a great technology for making ethanol. China is in the midst of a $5 billion, 10-year investment to expand ethanol capacity as its economy booms and fuel consumption skyrockets along with it. By the way, what makes you think that China is the only country seeking ethanol production? P/E is about 30, but that puts the PEG right under 1.0! Finally, my secret weapon for STKL- Jamba Juice (SVI). Check it out.

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