SunOpta, Inc. (USA) (STKL)

Why not? Energy prices aren't going down anytime soon, and the P/E is 4.33. If it breaks $4 I can see it going to $6

I've earned quite a few score points over the past couple/few years by being bearish on ethanol - a situation in which the stock price was based more on wishful thinking than it was on economic reality. I see the same story here.

good price here

Do they make money? Look at that ridiculously high P/E. LMAO all the way to the bank.

Many headwinds are going to keep this plodding heap from reaching its potential for a while longer. One would have to conclude after all that's happened (and not happened) over the past few years that the company suffers from poor management. Either the wheels will full completely off and we'll see the end of Stake Technologies, or...well, I haven't been very positive yet, have I? Well, by golly I am just rooting for them and I really think they are going to not only survive, but grow earnings in a (relatively) big way. IF the worst is behind, it's blue skies ahead. I think it's all downhill from here (as opposed to down the cliff).

it has a great distribution network for organic products.

This company is into many things, one of which is cellulose biofuel or ethenol from celulose type plants not corn. They are producing ethenal at the present and with petroleum fuels going sky high I believe that this company is poised to grow into the alternative fuel market.

Was overvalued before unexplainable 15+ % gains. This one is bound to fall HARD.

This country needs more companies like this... When you look at all of the losers out to make a quick buck (including in the white house) it's enough to make you sick. These guys set a good example in this regard, and I think morally people will be drawn to it like moths to a light bulb.

Financially, I like sneaking in at a bargain price and they seem OK, but I'd have a hard time throwing real money at them still until I really see them get their act together.

killed by bad PR will blow away numbers. Ethics in business is rare and these guys are being killed on share price because they said they made a mistake. Stock is also a ethanol and natural oils play.

IT HAS A HABIT OF REBOUNDING FROM TROUBLE AND GETTING THE JOB DONE

The cash cash cow that remains standing for this company, after the fruit disaster is the private label soy milk. Now with the FDA looking at removing the "heart healthy" claim for soy, this segment looks due for a fall. Also, given the price run up in Organic and Conventional food soy beans recently, I wonder how well covered forward they are to fill the contracts in place for private label soy milk, could this be the larger shoe still to drop on SunOpta??

SunOpta is a hedged ethanol bet. Recent drops in stock price make it an attractive value; pending class action lawsuit is already priced in. Company is a leader in developing ethanol technology. Lacking significant ethanol profits, the company should still do well on agricultural strength.

The market has overreacted to announcement of the inventory write-down. The market cut $200 million in capitalization for a one-time inventory write-down of $11 to $13 million and a loss of $3 million on receivables.

Sunopta's fundamentals remain good.

cheap at these levels

1st opta minerals used for cleaning the more off shore oil rigs.
2nd builds cellulose ethanol refineries using their proprietary patented system.
3rd has large organic agriculture group.
4th has large system for distribution of foods through Canada.
5th has farming area in US that uses ethanol produced from crop byproducts processed in it's own plant. oil will not have any say on costs to produce food.
lastly food prices will continue to go UP as the worlds population fights for what food is available.

They are part of the consolidation in organic foods. Most of their revenue is from producing and distributing organic food and ingredients. They also have biomass pretreatment technology that can be used to produce cellulosic ethanol.

down $4 to $5

As SunOpta achieves its goal of $1 Billion in revenues it will maintain its focus on improving profit margins and earnings through its vertical integrated growth strategy as well as through continued acquisitions in its food group business.

This year Sunopta will be making significant acheivements with another division of the company focused on its proprietary technology to develop cellulosic ethanol. SBI, SunOpta BioProcess Inc., has several projects which will be the catalyst for significant growth in 2008. These projects include new contracts and partnerships with CRAC China Resource Alcohol Corporation, Breaking Ground with their own Cellulosic Ethanol Project partnership with Greenfield Ethanol, as well as continued progress with Abengoa and Celunol and finally the more recent agreement with Central Minnesota Ethanol Co-op to develop a 50million gallon cellulosic ethanol plant.

For SunOpta, 2008 is a year for significant growth.