AGRO3asset working in bullish channel, held the 61.8 retracement, made a candle with very strong volume with volume above the 20-average, OBV working at the level near the top.
LND trade ideas
SHORT in the AGRO3The indicators tell us to short AGRO3 but make sure to close position if the indicators go neutral
$LND - Bullish Momentum 3rd Wave Target Set BrasilAgro Cia Brasileira de Propriedades Agricolas engages in the agricultural businesses, which acquires, develops, invests, operates and sells cattle raising, forestry activities and real estate properties. It operates through the following segments: Real Estate, Grains, Sugarcane, Livestock, and Others. The Real Estate segmeng presents results from operations with properties that occured in the subsidiaries of the company. The Grain segment produces and markets soy and corn. The Sugarcane segment includes commercialization of products in natura. The Livestock segment is consist of project to produce and sell cutting calves after weaning, characterizing it as a breeding activity. The Other segment engages in other corporate activities. The company was founded 2005 and is headquartered in Sao Paulo, Brazil.
SHORT INTEREST
1.64K 09/30/19
P/E Current
0.01
P/E Ratio (with extraordinary items)
5.45
P/E Ratio (without extraordinary items)
5.04
Average Recommendation: BUY
Average Target Price: 19.00
Great Opportunity to buy farmland in South AmericaThis stock buys you land all over South America.
319,000 Hectares between Brazil and Paraguay, just to name a few (mostly in Brazil).
Exposure to an incredible emerging market.
Exposure to commodities long term (grain and sugar mostly, cattle as well)
Management is a powerhouse.
JP Morgan owns 7% of the float.
George Soros made this company happen.
Google Eduardo Elsztain - greatest Argentine real estate investor. He's LND's Chairman.
Commodity prices are depressed. As commodities rise in the future it will generate more income for farmland.
Brazilian currency has gotten crushed in the last 10 years. New strength in the Real will benefit Brazil's economy.
Company has no debt.
Excellent growth.
Farmland known for its fantastic risk/return profile (it's land in Brazil, Peru, Chile, Argentina, etc, not a technology fad).
Under $5 per share so institutions are not allowed to invest, yet. What happens when prices hover above $5 per share? Domestic institutions have this stock on their radar and capital flows one way.
Boo Ya.
Most importantly, we have a great looking chart.
