Commodities
Terra Industries enters distribution agreement for clean Diesel product
Terra Industries: Manufacturers of Urea Ammonium Nitrate, Anhydrous Ammonia and Ammonium Nitrate: News Release.
The press release linked above announces a distribution agreement between Terra Industries (TRA: 46.75 -0.20 -0.43%) and Brenntag North America for the exclusive distribution rights of Terra Industries’ Diesel Emission Fluid (DEF). First, a little background on the use of DEF.
On January [...]
Goldman goes bold! Forecasts $45 oil.
Goldman, once warning of $200 oil, sees $45 in 2009 | Business | Reuters.
It look like the analysts at Goldman Sachs have learned their lesson in hindsight in regards to their $200 oil prediction. Their new prediction is within a $1.00 of where oil is currently trading. To bad they didn’t pick the $45 number [...]
How much value in Terra Industries
I was scanning through some data on Terra Industries (TRA: 46.75 -0.20 -0.43%) and an interesting fact caught my eye. TRA has a current market capitalization of $1.4 billion. TRA is the general partner and holds 75.1% of the common units of Terra Nitrogen Holdings LP (TNH: 89.44 -1.56 -1.71%). TNH has a market cap [...]
Analysts were wrong! New predictions predicted.
My favorite quote so far today:
The analyst who projected $200 oil should have lopped off a zero.
Commodities Collapse: Fast, Big and Still Going – WSJ.com.
The WSJ article linked above (sub. required) show how wrong the analysts were on the commodities bubble then gives some new predictions on how far down (much farther, of course) the [...]
Silver Wheaton earnings stay level
How times have changed. Three months ago when I reported on Silver Wheaton’s (SLW: 15.475 +0.185 +1.21%) 2nd quarter results, I put forth the opinion that the stock would be a good value buy if the share price dropped below $12 from its current $14 to $15 trading range. Well the shares were not a [...]
