Adecoagro S.A.
Research by MICKE
Author: micke
- 9.91 +1.02% (14/01/2025)
- MONITOR (HOLD)
2023-06-21 9.99USD. The risk for shortage does not seem to be a threat as of now. I find the financial reports a bit hard to understand and see some risks with this, and thus taking a bit hesitant approach without a clear goal.
2022-03-13 12.34USD. I guess that there will be a global shortage of agricultural products during this and next year which will drive up prices and profits. I also guess that the oil will remain at $90-$100 levels which will keep ethanol price high. There is a lot of uncertainty but in other aspects an agricultural company gives nice diversity to my stock portfolio.
Business (3)
Argentina's economy
Currently the Argentina's economy is weak with high inflation, and the rest of the region is probably not that strong. If their economies would have a positive development that would probably increase the value of all assets and product prices.
15/03/2023 by MICKE｜1Global inflation seems to be on the rise, farmland would probably be a good value preservation and the price would go up as much as the inflation.
10/12/2021 by MICKE｜1Energy prices have increased during the year and AGRO produces ethanol which might and more value to the harvest. Temporarily the effects might already be included since they seem to be using futiure contracts quite extensively but in time there would be more positive effects to come from higher prices.
10/12/2021 by MICKE｜1
Risks (1)
The local economies especially Argentina have challenges with very high inflation and interest rates (if varies but in the region of 30%/year), and since significant part of the sales are local a crashed local economy would probably have sever effect on the company.
09/12/2021 by MICKE｜1