+ Watch POT
on My Watchlist
An integrated fertilizer and related industrial and feed products company.
Low cost producer with huge essential resources
I think the current pull back is set to reverse and that the production increases coming online through the next two years coupled with demand increases from population growth over the next many years creates a very strong environment for Potash Corp to outperform.
Crops have been booming in the US, and everyone needs potash for crop fertilizer.
Cheap food requires ferilizer (and almost certainly GM seeds). As the developing world gets their first financial lift from globablization, they will noticable start to eat better. Demand is growing for food.
good solid stock
Div. (Yield) $1.40 (3.9%)Current Yield . . . . . 4.8%
Asian demand for potash is picking up considerably
Div. (Yield) $1.40 (4.1%)
Look out Russia, you are giving me a massive gain if we put sanctions on you!
Chosen based on list of Price/Div/5 year dividend growth
Scruffy believes in this company.
POT dropped along with the potash price after the Russian potash cartel broke up. Now that the cartel has reformed potash price should rise. While it may take a year to show up in earnings gains, you collect 4.2% dividend waiting
Potash is not in short supply, but it is finite and needed in all fertilizer. Demand is expected to grow by about 2% per annum. At some point D > S and this will begin being priced in years in advance. The recent move by Uralkali is a short term blip (buying opportunity) in an otherwise structural up trend. Potash corp has the best reserves. Capex is spent and management are focused on creating value for shareholders
Food is the future. Trend towards organic should also help. Stock price should recover but there is a high and growing dividend as it does.
Based on article here "A Holiday Miracle ..." there should be an end to falling fertilizer prices, hopefully rising prices, too. There may also be pent-up demand from fertilizer buyers who were waiting for prices to go still lower. Pretty good balance sheet and good dividend help, too!
Increase in demand for products required for agriculture uses.
growing population requires more food and more fertilizer. Recent pull back a result of Russia/Belarus squabbles.
commodity. Not a time for commodity yet.
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