OCI « Terug naar discussie overzicht

quote:

Geldboertje0205 schreef op 6 augustus 2019 16:37:

[...]

OCI bepaalt of er geen deal komt en zij hebben ons een update beloofd in aanloop van de nazomer rond de cijfers, dus gewoon geduld bewaren kan zomaar morgen al zijn.

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kusadasi schreef op 6 augustus 2019 16:20:

[...]De markt ziet het toch anders -12%

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Stamrecht schreef op 6 augustus 2019 16:40:

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Oke wachten en verder mondje toe oogjes toe dreaming about deals.

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Geldboertje0205 schreef op 6 augustus 2019 16:42:

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Je begrijpt ons en de LT belegger denkelijk niet wij kijken naar de schuldenratio en het genereren van de vrije cashflow, want deze bepalen uiteindelijk het koersverloop op termijn.

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Erny schreef op 6 augustus 2019 16:42:

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Precies dat, en het leuke is dat de markt altijd gelijk heeft. Het buy the rumor effect treedt bij dit aandeel in elk geval niet op en dat wijst erop dat slechts weinig beleggers geloof hechten aan al die mooie juichverhalen
over historische recordwinsten. Het is ook niet voor niks dat de bekendmaking hiervan uitblijft.

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Stamrecht schreef op 6 augustus 2019 16:46:

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Net als F. had je al veel meer winsten kunnen maken, want LT beleggen is iets van de vorige eeuw. Ga mee met de tijd en doe je voordeel.

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Geldboertje0205 schreef op 6 augustus 2019 16:47:

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Nog meer winst, wij staan nu op meer dan 400K.

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Geldboertje0205 schreef op 6 augustus 2019 16:47:

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Nog meer winst, wij staan nu op meer dan 400K.

quote:

kusadasi schreef op 6 augustus 2019 12:31:

The Mosaic Company Reports Second Quarter 2019 Results

Business Wire•August 6, 2019

PLYMOUTH, Minn.--(BUSINESS WIRE)--
ANNOUNCES BRAZILIAN DAM REMEDIATION AHEAD OF SCHEDULE AND TEMPORARY IDLING OF COLONSAY POTASH MINE
Unprecedented North American spring weather expected to drive strong nutrient demand in fall 2019 and beyond
The Mosaic Company (MOS) today announced that the unprecedented wet weather in the Midwest United States has negatively impacted its North American spring fertilizer sales volumes and phosphates margins. These same factors have driven grain prices higher and provide significant opportunities in fall 2019 and beyond.
“We’ve experienced a North American spring season that was wetter and later than any in recorded history,” said Mosaic President and CEO Joc O’Rourke. “While our Potash and Mosaic Fertilizantes businesses continued to perform well, weakness in the phosphates market negatively impacted second quarter results. Moving forward, strong price increases in grains together with depleted soil nutrients in North America are expected to drive fertilizer applications significantly higher this fall.
“The actions we’ve taken to reshape our business, including the permanent closure of our Plant City phosphates facility and the acceleration of the development of the K3 potash mine leading to today’s announced curtailment of potash production at Colonsay, are expected to increase our operating leverage to the anticipated strong market fundamentals in the second half of 2019 and beyond."
Mosaic reported a net loss of $233 million for the second quarter of 2019, including a $284 million noncash after-tax charge for the permanent closure of the company’s Plant City phosphate facility. The company reported diluted earnings per share (EPS) of negative $0.60, which includes a negative $0.72 per share impact for notable items, primarily the closure of the Plant City facility. For the period, adjusted EBITDA(1) was $349 million, and adjusted EPS(1) was $0.12.
Highlights:
Mosaic Fertilizantes plans to complete tailings dam remediation activities and return to full operations more than a month ahead of schedule:
The Catalão mine tailings dam remediation was completed, and the mine resumed full operations in May.
The Tapira mine resumed operations at 60 percent in July, and is expected to resume full operations in August.
The Araxá mine received an operating permit for tailings dam B6, and is expected to resume full operations in August.
The company expects Mosaic Fertilizantes to achieve its targeted $275 million in net synergies in 2019, despite challenges related to the new Brazilian tailings dam regulation.
The Potash segment delivered gross margin per tonne of $84 as cash costs per tonne declined sequentially, despite a lower operating rate as a result of slower sales in the quarter.
The accelerated ramp up of the low-cost Esterhazy K3 potash project is on schedule, having produced over 400,000 tonnes of ore year-to-date June 30, 2019. This production, combined with available inventory, facilitated the temporary idling of the higher cost Colonsay potash mine. These actions are expected to lower Mosaic’s cost of production, accelerate inventory depletion, avoid $40 to $50 million in cash expenditures in 2019, and increase the company’s leverage to strengthening markets into 2020.
In June, the company announced the permanent closure of the Plant City phosphates facility. The closure will result in lower idle plant costs and cash expenditures to be incurred for the care of the facility.
The company revised its full-year adjusted EBITDA(1) guidance to $1.8 to $2.0 billion. Mosaic announced adjusted EPS(1) guidance of $1.10 to $1.50, primarily reflecting the impact of lower than expected sales volumes in the first half of 2019 and a slower recovery of phosphates margins.
Cash flow from operating activities in the second quarter of 2019 was $507 million. The company continues to expect cash flow generation to strengthen in the second half of the year, in line with expected adjusted EBITDA(1) guidance.
Capital expenditures totaled $295 million in the quarter. Mosaic’s total cash and cash equivalents, excluding restricted cash, were $402 million compared with $848 million at year end 2018, largely due to the weather’s impact on sales and resulting increase in the company’s inventories. Long-term debt was $4.6 billion as of June 30, 2019.

quote:

Stamrecht schreef op 6 augustus 2019 16:54:

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Hoest met Boskalis ook putjes gekocht zeker.

quote:

Geldboertje0205 schreef op 6 augustus 2019 17:26:

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Ja, meteen nadat Trump had getwitterd, snel anticiperen, dus indekken, helaas wat meer moeten komen, maar komt ook zeker weer goed wij voelen ons vereerd dat jij ons zo op de voet volgt, maar we kunnen wel zeer zeker stellen dat jij bijna altijd ernaast zit.

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Stamrecht schreef op 6 augustus 2019 17:28:

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Fake transacties zijn het makkelijkst te onthouden.

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Stamrecht schreef op 6 augustus 2019 17:35:

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Jij bent nu eenmaal de clown van het IEX forum, dus je wordt nauwlettend in de gaten gehouden op diversen draadjes.

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Stamrecht schreef op 6 augustus 2019 17:38:

Rond getal gesloten. Wat een bagger is dit aan het worden. Verkoopsignaal is nu bevestigd met zowel gisteren als vandaag een flinke omzet voor OCI begrippen.

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kusadasi schreef op 6 augustus 2019 17:48:

U.S. Rain That Left Top Fertilizer Maker Unscathed Bruises Rival

Denitsa Tsekova and Ashley Robinson
BloombergAugust 6, 2019
(Bloomberg) -- The world’s top two fertilizer makers have emerged from a tough crop-planting season in the U.S. very differently: one bruised and the other relatively unscathed.
World No. 2 crop-nutrient maker Mosaic Co. reported adjusted earnings that missed analyst estimates for the second quarter, during which the U.S. Midwest was in the grip of the wettest 12 months on record that kept farmers away from fields. The Minnesota-based company was hurt by falling sales volumes and weak margins for phosphate, which is used in nutrients that help plants grow.
The firm also reduced its full-year forecast, and analysts say it may have to cut its view again. Shares of the company slumped as much as 13%, the most in six years. The stock has declined 29% this year.
Mosaic’s results stand in contrast to Nutrien Ltd. -- the top producer -- which reported earnings and revenue that beat analyst estimates in the quarter. The Saskatoon, Saskatchewan-based company was aided by higher prices for potash, which forms the basis of a different class of crop fertilizers.
New York shares of Nutrien, which have risen about 9% this year, swung between gains and losses on Tuesday. At 10:31 a.m., they were down 1.7%. The company was able to ship its potash nutrient to the U.S. Midwest from Saskatchewan in Canada during the second quarter, helping its results.
Mosaic’s phosphate-based product, meanwhile, was stuck in the flooded Mississippi River on its way to the Midwest due to the unrelenting rains in the U.S.
Trapped Supply
“As a result of weak spring demand and a high level of imports trapped in the lower Mississippi River, market prices remained under pressure and the seasonal price improvement we typically see in the second quarter did not materialize,” Mosaic Chief Financial Officer Clint Freeland said during an investor call.
Diverging prices of the two fertilizers also help explain the companies’ differing fortunes. Phosphate has declined by $107 a ton from 2018’s peak in October on reduced fall and spring demand due to wet weather and higher-than-expected imports in the season, Bloomberg Intelligence estimated last month, adding that it could remain under pressure because of new capacity in the second half.
At the same time, potash prices last month were $15 a ton higher than a year earlier and $10 a ton above the seasonal five-year price, according to Bloomberg Intelligence, which said strong global demand and a slow ramp-up of new capacity supports a positive outlook.
While Mosaic announced in June the permanent closure of its Plant City phosphates facility, Nutrien said last month that it plans $1 billion in investments in Brazil. It will compete in the Latin American nation with Mosaic and Norway’s Yara International ASA, two companies that INTL FCStone Inc. estimates account for 46% of total sales in that market.
To contact the reporters on this story: Denitsa Tsekova in New York at dtsekova@bloomberg.net;Ashley Robinson in Winnipeg (Non BLP Loc) at arobinson193@bloomberg.net

quote:

Geldboertje0205 schreef op 6 augustus 2019 17:47:

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Heeft alleen maar te maken met een handelsoorlog die een verdere correctie op de indexen tot gevolg kan hebben, maar het kan ook zo weer de andere kant op.

quote:

Stamrecht schreef op 6 augustus 2019 18:19:

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Waarom OCI wel en CF niet het slachtoffer, wat is het verschil volgens jouw in waardering ? Ik weet het wel : OCI is een onbetrouwbaar allesbehalve transparant bedrijf en dit wordt door beleggers niet meer geaccepteerd.