1. MGC sold 3% of yearly production to china in ONE day. 2. Its...

1. MGC sold 3% of yearly production to china in ONE day.
2. Its revenue is 3billion AUD vs 2.3billion AUD in 2013.
3. Its net profit is less than 3% of revenue.. lots of scope for margin expansion
4. AUD is now heavily its in favour vs profit warning (78cents vs 72 cents now)
5. Its capital expenditures are high due to big revenue increasing projects.
6. Farmers want the company to continue with the margin & revenue increasing projects(see most recent letter from a few days ago)
7. Book value is .4
8. Debt leverage is at decade lows - 40%.
9. Short interest is non existent - longs have been selling.
10. Dividend yield is at 8% fully franked, and 10% for next year.
11. GDT is at 2016 highs - and is correlated with oil(which is now at $50.. which is positive.. see RBC milk/correlation)
12. Analyst average forecast is 1.42.
13. MACD turned positive TODAY...

14. MGC just started selling milk formula - high margin - premium product.
15. JD.COM says premium products will continue to sell well(devondale/Australian milk will be in demand.
16. Positive Chinese tax implications on products under 2000 YUAN.
17. AFR article today saying Chinese consumer demand is in a 20 year growth phase.

I can probably keep going, but this is going back to 1.30. Goodluck longs.