CII way way undervalued stock!!!! look at developments happening agri sector..will fly
Chinese premeier recently told that to control record inflation he will take decisive actions including encouraging moregrain acarage and more output.. this means more demand for fertilizer...CII has china exposure and it will benifit lot.. More demand of phosphate within china means no export ( main exporter country) and so higher prices of phosphate in international market.
Look at steller stock performance of Canadian Potash ( NYSE: POT), an indication of how hot phosphate is.....
Value of CII stake in Phosphate resources ltd is greater than the current market cap of cii..
hot phosphate.....
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$1.02 |
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Mkt cap ! $117.8M | |||
| Open | High | Low | Value | Volume |
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