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Celestial

worth going in

celes is able to pass the price to consumer. and they reported a record earnings..

anyway that doesnt explain the sudden drop in the stock price...

q10activator ( Date: 12-May-2008 21:47) Posted:

Celestial is a company dealing with the processing of soybean products.

So whenever soybean prices shoot up, the earnings of this company will fall, and correspondingly, the price of the share will fall in the short term.

Currently, the outlook for global commodities is poor, with surging prices and even higher prices awaiting. This is worsened by the fact that farmers are rushing in to the biofuels craze in bid for a quick buck, and planting less of crops like soybean, and those soybean that are planted are sequested to soyoil production. So overall, demand for soy remains high and rising, but production is hardly rising. Factor this together on top of rising fertiliser costs. The only deduction I gather is more pain for celestial.

On May 9, 2008, the USDA estimated 2008-2009 ending stocks at 185 million bushels, up from 145 million bushels in 2007-2008. The resulting 2009 ending stocks to use ratio is 6%, still a tight situation. Worldwide, the USDA estimated that 2007-2008 ending stocks will drop from 63 to 49 million tons or 21% of annual use. Brazil and Argentina's soybean crops are being harvested now and are only expected to increase slightly from last year.

Unless soy prices fall soon, prices of celestial do not seem to be rising anytime soon.

surprisingly, the snow storm, etc doesn't affect their delivery.. 50++% net profit increased is good compared to synear issue profit warning... obviously yesterday sell down is a BB play , anyway, let's see how it perform today..

and tomorrow will be synear results.... expect in loss.

Fyi. SGX Announcements:-

NEWS RELEASE : CELESTIAL NUTRIFOODS DELIVERS STERLING RESULTS FOR 1QFY2008

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_BE96CA5DEE036E1448257447002D41CD/$file/Celestial_2008Q1_Results_News_Release.pdf?openelement

1QFY2008 RESULTS PRESENTATION

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_E2EFC68A2FEB93E8482574470030BC43/$file/Celestial_2008Q1_Results_Presentation.pdf?openelement

indeed at 1st thought, rising soya beans will affect celestial, but in this 1Q report, the management has proven able to mitigate the problem by passing the cost & good cost control.

q10activator ( Date: 12-May-2008 21:47) Posted:

Celestial is a company dealing with the processing of soybean products.

So whenever soybean prices shoot up, the earnings of this company will fall, and correspondingly, the price of the share will fall in the short term.

Currently, the outlook for global commodities is poor, with surging prices and even higher prices awaiting. This is worsened by the fact that farmers are rushing in to the biofuels craze in bid for a quick buck, and planting less of crops like soybean, and those soybean that are planted are sequested to soyoil production. So overall, demand for soy remains high and rising, but production is hardly rising. Factor this together on top of rising fertiliser costs. The only deduction I gather is more pain for celestial.

On May 9, 2008, the USDA estimated 2008-2009 ending stocks at 185 million bushels, up from 145 million bushels in 2007-2008. The resulting 2009 ending stocks to use ratio is 6%, still a tight situation. Worldwide, the USDA estimated that 2007-2008 ending stocks will drop from 63 to 49 million tons or 21% of annual use. Brazil and Argentina's soybean crops are being harvested now and are only expected to increase slightly from last year.

Unless soy prices fall soon, prices of celestial do not seem to be rising anytime soon.

UBS increased stake in this...can check out the SGX announcement..

join the BBs!

Celestial is a company dealing with the processing of soybean products.

So whenever soybean prices shoot up, the earnings of this company will fall, and correspondingly, the price of the share will fall in the short term.

Currently, the outlook for global commodities is poor, with surging prices and even higher prices awaiting. This is worsened by the fact that farmers are rushing in to the biofuels craze in bid for a quick buck, and planting less of crops like soybean, and those soybean that are planted are sequested to soyoil production. So overall, demand for soy remains high and rising, but production is hardly rising. Factor this together on top of rising fertiliser costs. The only deduction I gather is more pain for celestial.

On May 9, 2008, the USDA estimated 2008-2009 ending stocks at 185 million bushels, up from 145 million bushels in 2007-2008. The resulting 2009 ending stocks to use ratio is 6%, still a tight situation. Worldwide, the USDA estimated that 2007-2008 ending stocks will drop from 63 to 49 million tons or 21% of annual use. Brazil and Argentina's soybean crops are being harvested now and are only expected to increase slightly from last year.

Unless soy prices fall soon, prices of celestial do not seem to be rising anytime soon.

what happened to this one? It fall so much... -.-

VENUS

Opened at 0.77 . Any coments?

will it go up today?

high volume last Friday.... UBS pushed up the price....

http://www.remisiers.org/research//Technical%20Analysis%20-%20Celestial%20NutriFoods%20-%20080505%20-%20OIR.pdf

I am relooking this one, sold a little too early.

I am trading for this stock, going on technical. But checked its fundamentals and guess they are ok at current prices

Usually days, that means short term i guess.

Lets wait and see. Are you in long term or just short term trading?

DnApeh ( Date: 09-May-2008 23:08) Posted:

Why so suay? Lift-off only kenna shooting star. Hope the witch doesn't change our flight path too much. Stupid witch.

terencefok ( Date: 09-May-2008 09:02) Posted:

Nice breakout. Cheong arh.....

But it closed at the previous resistance line, as indicated in the analyst report.

tomorrow releasing its first quarter result. buying very strong for past few days ^^ Huat ah.

Why so suay? Lift-off only kenna shooting star. Hope the witch doesn't change our flight path too much. Stupid witch.

terencefok ( Date: 09-May-2008 09:02) Posted:

Nice breakout. Cheong arh.....

Crossed. Next target 150 MA of 0.93. Huat arh

crossing 120 MA of 0.793

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worth going in