by Travis Johnson, Stock Gumshoe | June 27, 2008 11:44 pm
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Source URL: https://www.stockgumshoe.com/2008/06/june-idea-of-the-month-chinese-maple-tree/
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Is the non-exclusive license cause for concern?
Not particularly for me — the new plants they’ve been building use their own process, not the one licensed from Agrium. Hanfeng does not own the idea of slow-release fertilizer, certainly, so that shouldn’t be the basis for investing in them — they just have some patented products and processes, and license some others, but there are many ways to make slow release fertilizer and many other companies do make it … just not many are doing so in China. Yet.
Terrific write up. Always enjoyable reading. Best money I ever spent. Thanks, Gumshoe! Tom K.
Gummy, how does one buy a stock listed only on the Toronto exchange?
dribas
Great report on the Fundamentals. Technically, it is a 2 out of 5. Sitting on a tripple bottom at 11 Canadian. If it breaks 11, the trendline, it falls to a 1 out of 5. First support would be at 9.50, the bottom of the trading range. Tripple top at 13.50. If it can pound through there, it should hit 19.00.
Hey Travis;
The nice thing about averaging down with this stock is that it is low enough that it doesn’t cost as much?
Are the Chinese really going back to eating rice and fish heads?
Cool Soupy