stocktrademan
3 años hace
ANDE buy 55.89
bull flag breakout
measured move
first pullback to resistance turned to support
inverted head and shoulders breakout
high volume confirmation
https://finance.yahoo.com/quote/ANDE/profile?p=ANDE
https://www.barchart.com/stocks/quotes/ANDE
https://finviz.com/quote.ashx?t=ANDE
https://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=ANDE
https://stockcharts.com/c-sc/sc?chart=ANDE,uu[e,a]dhclyiay[uu][pb5!b10!b50!b100!b200!d20,2!h.02,.20!f][vb5!b20][iut!lv8!lk9!LE12,26,9!ll14!la6,13,5!la8,17,9!la12,26,9!uc14!ub14!ub6!lo!lp7,3!lh9,3!LI14,3!lxa!ld8!lq!lg14!lf14][j20444984,y]&r=3555b
https://www.barchart.com/etfs-funds/quotes/ANDE/technical-chart?plot=CANDLE&volume=toANDE&data=DO&density=X&pricesOn=1&asPctChange=0&logscale=1&indicators=TREND&sym=ANDE&grid=1&height=500&studyheight=100&timeframe=2%20Months
normal chart
log chart
normal chart
log chart
Slashnuts
3 años hace
GERS Receives Contingency Offer To Restart Litigation Against Ethanol Industry...
This includes ANDE's unlicensed use of GERS' oil extraction technology.
CleanTech subsequently received an opinion of counsel that its remaining seven of twelve corn oil extraction patents are clearly valid and enforceable, along with a contingency-based offer to restart the infringement litigation from scratch. We are evaluating our rights and remedies in connection with all applicable matters, and we are unable to characterize or evaluate the probability of any outcome at this time
Further, in connection with ongoing patent filings, the USPTO allowed CleanTech’s new corn oil extraction patents after considering the very information that the District Court found to have been withheld, and upon which the bulk of the District Court’s rulings were based. All of the information alleged to have been “knowingly withheld” from the USPTO in connection with the patents in suit was provided to and considered by the USPTO prior to issuance of several additional patents that are not covered by the District Court’s prior rulings (the “New Patents”). The USPTO subsequently disagreed that deception of any kind occurred when, on February 21, 2020, it issued another patent to us after reviewing the very evidence that was allegedly “withheld,” along with everything the defendants ever submitted and claimed, as well as the District Court’s 2014 and 2016 rulings – all in light of the facts that were never presented to a jury. Significantly, the new patent was allowed by the same examiner that the District Court said was deceived. In other words, the same patent examiner that was allegedly deceived looked at the purported evidence and claims of deception, and disagreed that she had ever been deceived. Thus, in issuing that patent, the examiner concluded that the inventive process was not “ready for patenting” in July 2003, that an invalidating “offer for sale” did not occur in July 2003, and that the “ready for patenting” and “offer for sale” information that the District Court determined to have been “deliberately withheld” from the USPTO was immaterial to patentability.
ballot123
5 años hace
Can't believe I'm the only poster for this solid company. Of course, commodities and trading and transportation and ag input supplies are in a funk. We're in this incredible bull market for tech, and pharma, and "marijuana" and a thousand foo foo dust ideas that aren't going anywhere. WeWork was a real eye opener. Took us right back to the dot.com era of the early 2000's. You could sell almost anything with a tech label on it. So now, we have enormous public and private debt scenarios to deal with. Corps have borrowed excessively to do what? buy back their own shares at a premium, That sounds like a winning strategy... winning for whom ? insiders who will be long gone when the debt has to be repaid. Today, for investors in commodities and the commodities complex, there is much more than a little bit of hope. The US and world equity markets are doing a redux of" The Little Engine Who Could...I think I can, I think I can etc. The Bull in stocks is tired and distracted by other things. Commodities will rise very quickly and very high. Gold, corn, you name it. Our time has really come. Enjoy it while it last, cause it won't last forever, that's for sure. Let's see if anyone finds this post and, even better, responds.
Peace. Cheers.
IPO$
9 años hace
Year ended December 31,
2014
2013
2012
Sales and merchandising revenues
$
4,540,071
$
5,604,574
$
5,272,010
Cost of sales and merchandising revenues
4,142,932
5,239,349
4,914,005
Gross profit
397,139
365,225
358,005
Operating, administrative and general expenses
318,881
278,433
246,929
Interest expense
21,760
20,860
22,155
Other income:
Equity in earnings of affiliates, net
96,523
68,705
16,487
Other income, net
31,125
14,876
14,725
Income before income taxes
184,146
149,513
120,133
Income tax provision
61,501
53,811
44,568
Net income
122,645
95,702
75,565
Net income (loss) attributable to the noncontrolling interests
12,919
5,763
(3,915
)
Net income attributable to The Andersons, Inc.
$
109,726
$
89,939
$
79,480
Per common share:
Basic earnings attributable to The Andersons, Inc. common shareholders
$
3.85
$
3.20
$
2.85
Diluted earnings attributable to The Andersons, Inc. common shareholders
$
3.84
$
3.18
$
2.82
Dividends paid
$
0.4700
$
0.4300
$
0.4000
The Notes to Consolidated Financial Statements are an integral part of these statements.
Slashnuts
12 años hace
New ANDE Record 16.5M Pounds! +470% .66 Per Bushel!
I'm big into GERS, an ethanol technology upgrade company.
GERS 2nd Largest Customer, ANDE, Extracted a Record .66 Pounds of oil Per Bushel, 16.5 Million Pounds of corn oil!
That's an increase of 470% from the 2.9 million pounds in Q311.
Up 2 million pounds from the 14.5 million in Q212.
GERS' invented corn oil extraction. You see, a whole corn kernal is hard on the digestive tracks of livestock. When an ethanol plant converts the starch to alcohol, the rest is animal feed. GERS has a system that gets the corn oil out to make an even better, high quality, low fat, high protein animal feed. More DDGS can be fed to animals with the oil removed.
ANDE along with MPC are using GERS' technology at their plants.
Ethanol (gallons shipped) 70.4 M
Corn Oil (pounds shipped) 16.5 M
The results from GERS' 2nd largest customer include 2 ethanol plants that are part owned by Marathon Oil, MPC, as well as the Amaizing Energy plant in Iowa that settled the lawsuit.
http://www.sec.gov/Archives/edgar/data/821026/000082102612000030/ande2012093010-q.htm
As you can see, this ex infringer is now contributing to GERS revenues. GERS is suing a lot of companies for stealing their technology. Amaizing Energy was one of those companies but ANDE bought them out and are now licensed with GERS.
GPRE is GERS' largest customer.
Corn oil sales also contributed to the significant increase over the third quarter year-to-date period of 2011, there were no corn oil sales for the Ethanol Group until 2012. In addition, the acquisition of TADE in the second quarter of 2012 added $52.5 million in ethanol sales, $15.3 million of DDG sales, $1.8 million of corn oil sales and $0.8 million of syrup sales.
12. Business Acquisitions
On May 1, 2012, the Company and its subsidiary, The Andersons Denison Ethanol LLC ("TADE") completed the purchase of certain assets of an ethanol production facility in Denison, Iowa for a purchase price of $77.4 million. Previously owned by Amaizing Energy Denison LLC and Amaizing Energy Holding Company, LLC, the operations consist of a 55 million gallon annual production capacity ethanol facility with an adjacent 2.7 million bushel grain terminal, with direct access to two Class 1 railroads in Iowa. TADE has been organized to provide investment opportunity for the Company and potential outside investors. The Company owns the grain terminal, manages TADE, and provides grain origination, risk management, and DDG and ethanol marketing services. The Company currently owns a controlling interest of 85% of TADE, and therefore includes TADE's results of operations in its consolidated financial statements. The fair value of the noncontrolling interest in TADE purchased by the minority investor at the acquisition date was $6.1 million.
Congratulations to GERS' 2nd largest customer, ANDE, on a fantastic quarter in a tough environment.
Good Luck To All!$!$!$
frenchee
17 años hace
Weekend Investor
Ethanol Stocks Bust but Stay a Risky Buy
By HERB GREENBERG
March 15, 2008; Page B2
The good news for VeraSun Energy Corp., one of the country's largest ethanol producers: Its most recent quarter beat gloomy analyst estimates.
The bad news: Even with the better-than-expected results, profit for the fourth quarter tumbled 81% as the economics of ethanol (for the time being, at least) remained upside down.
Such is life in what had been the fast lane of an industry that emerged on Wall Street several years ago on a wave of corn-fed momentum after decades of a quiet life back home in the Midwest.
It has since been a classic boom-to-bust stock story, with shares of anything remotely related to ethanol trading at a fraction of what they had been at their highs, which for most was the day they went public during a frenzy that lasted from the summer of 2006 to early 2007.
Analyst Mark Miller of William Blair & Co. perhaps summed it up best on VeraSun's fourth-quarter earnings call this past week when he commented, "This is the first conference call where the stock has traded below book value." The same could be said for the other major ethanol pure plays: Aventine Renewable Energy Holdings Inc., Pacific Ethanol Inc. and US BioEnergy Corp., which is about to merge with VeraSun.
Mr. Miller, in noting the below-net-worth value, wondered whether management had anything to say about the stock's slide, since it implied "you are not going to earn your cost of capital...." Chief Executive Don Endres, who founded the South Dakota company and whose family has been in farming for generations, responded that he believed "there is a lot of misinformation that's out there" that has scared small investors, which he believes is "unfortunate, because this has so much potential."
That, as you might have heard, is subject to much debate. Ethanol's from-out-of-nowhere boom was tied almost exclusively to its use as a replacement to methyl tertiary-butyl ether, a gasoline additive that had been proved to be a carcinogenic groundwater pollutant. "These guys IPO'ed when corn was $1.80 to $1.90 [a bushel] and ethanol was $4.50 a gallon because of a shock to the system: The momentary disconnect when MTBE fell off," says Ian Horowitz, an analyst for Soleil Securities. "If I'm Valero, I don't care what I have to pay for a replacement product, I just know I have to get it in. It wasn't a pricing decision."
Now, with corn at $5.64 a bushel and ethanol at about $2.60 a gallon, he says "it's all digested and worked through," which means ethanol becomes just another commodity. Modern refiners typically can produce about 2.8 gallons of ethanol from a bushel of corn. Like any commodity, Mr. Horowitz adds, ethanol is dictated by its own set of variables over which it has no control: oil, corn, natural gas and the spread between ethanol and gasoline.
There also are uncertainties over future government mandates for the use of ethanol, subsidies to refiners for using ethanol, the possibility that tariffs on imported ethanol will be reduced or eliminated and a host of other concerns that have cropped up lately.
"There are a lot of emotional issues people raise," Mr. Endres, VeraSun's CEO, told me by phone. Ethanol, he says, is now "10% of the fuel industry, so we're up on the radar of a whole lot of groups that have a large amount of resources that they can use to push against us."
He believes that other worries, such as high corn prices and overcapacity, will work themselves out in the next year or two. "We're forging new ground and a new world in energy prices," he says. "We believe this is a new business opportunity."
Maybe it is, but a bigger question is whether at these prices ethanol stocks are the bargain they appear to be. Soleil's Mr. Horowitz -- who was publicly dubious of most ethanol companies before they went public -- doesn't think they are. He believes a safer approach is through diversified agricompanies such as Archer Daniels Midland Co. or Andersons Inc.
If ethanol goes bad, "it implies some other part of their business is working very well," he says. "They don't care if they're making money in biodiesels or ethanol." Too risky, they no doubt realize, to bet the farm on.
frenchee
17 años hace
The insider selling continues...
INSIDER TRANSACTIONS RELATED INFO: • Insider Holdings
• Institutional Holdings
Andersons Inc. PRINT HELP
Transactions Summary
# of Buys # of Sells Shares Bought Shares Sold Net Change in Shares
Last 3 months 0 6 0 9,500 -9,500
Last 6 months 0 26 0 172,892 -172,892
Last 12 months 0 43 0 242,732 -242,732
Source: First Call / Thomson Financial
Transactions by Date
Date Name
Title Action Shares Price Value
1/09/08 ANDERSON MICHAEL J CEO Sold 2,500 $46.1 $115,250
1/08/08 SMITH GARY L OT Sold 500 $46.65 $23,325
12/12/07 ANDERSON MICHAEL J CEO Sold 2,500 $41.69 $104,225
12/11/07 SMITH GARY L OT Sold 500 $40.9 $20,450
11/30/07 REED HAROLD M O Sold 1,000 $44.06 $44,060
11/30/07 ADDIS DENNIS J O Sold 2,500 $44.9 $112,250
10/10/07 ANDERSON MICHAEL J CEO Sold 2,500 $47.39 $118,475
8/30/07 REED HAROLD M O Sold 1,000 $47.65 $47,650
8/30/07 SMITH GARY L OT Sold 2,000 $47.68 $95,360
8/30/07 NICHOLS DAVID L D Sold 10,597 $46.65 $494,369
8/29/07 ANDERSON RICHARD P CB Sold 71,151 $46.2 $3,286,976
8/29/07 REED HAROLD M O Sold 4,000 $46.65 $186,610
8/27/07 REED HAROLD M O Sold 700 $46.63 $32,639
8/27/07 ADDIS DENNIS J O Sold 500 $47.5 $23,750
8/23/07 ANDERSON MICHAEL J CEO Sold 3,500 $47.06 $164,710
8/16/07 RIBEAU SIDNEY A D Sold 444 $43.4 $19,270
8/13/07 ANDERSON RICHARD P CB Sold 20,000 $50.36 $1,007,200
8/13/07 GALLAGHER CHARLES E O Sold 1,500 $50.13 $75,195
8/13/07 ANDERSON DANIEL T O Sold 30,000 $49.75 $1,492,400
8/09/07 ANDERSON MICHAEL J CEO Sold 2,500 $51.74 $129,350
8/09/07 REED HAROLD M O Sold 400 $51.98 $20,792
8/09/07 REED HAROLD M O Sold 600 $49.2 $29,518
8/08/07 NICHOLS DAVID L D Sold 2,000 $48.0 $96,000
8/06/07 FALLAT DALE W O Sold 4,000 $45.85 $183,390
8/06/07 ANDERSON MICHAEL J CEO Sold 4,000 $46.51 $186,025
8/03/07 SMITH GARY L OT Sold 2,000 $46.75 $93,500
3/09/07 WAGGONER THOMAS LOWELL O Sold 1,558 $42.58 $66,331
3/07/07 GALLAGHER CHARLES E O Sold 5,000 $42.23 $211,149
3/07/07 REED HAROLD M O Sold 2,500 $41.37 $103,425
3/06/07 GEORGE RICHARD R O Sold 6,126 $40.76 $249,695
3/02/07 ANDERSON MICHAEL J CEO Sold 2,000 $41.72 $83,430
3/01/07 REED HAROLD M O Sold 1,006 $42.8 $43,056
2/27/07 REED HAROLD M O Sold 6,000 $41.34 $248,040
2/26/07 KRAUS PAUL M D Sold 22,000 $43.46 $956,010
2/22/07 REED HAROLD M O Sold 1,000 $39.31 $39,305
2/22/07 ANDERSON MICHAEL J CEO Sold 5,000 $41.41 $207,030
2/21/07 ANDERSON MICHAEL J CEO Sold 2,000 $40.73 $81,460
2/16/07 REED HAROLD M O Sold 500 $40.39 $20,195
2/15/07 GALLAGHER CHARLES E O Sold 5,000 $40.0 $200,012
2/15/07 ADDIS DENNIS J O Sold 650 $40.0 $26,000
2/15/07 REED HAROLD M O Sold 500 $39.37 $19,685
2/13/07 ANDERSON MICHAEL J CEO Sold 3,000 $40.5 $121,500
2/12/07 SMITH GARY L OT Sold 6,000 $40.0 $240,000
Source: First Call / Thomson Financial
frenchee
17 años hace
The Andersons, Inc. Expects EPS to Exceed Previous Guidance
MAUMEE, Ohio, NOV. 29 /PRNewswire-FirstCall/ -- The Andersons, Inc. (Nasdaq: ANDE) announced today it expects its full-year earnings per share to exceed previous projections.
The current guidance range is between $3.40 and $3.60 per diluted share, up from the previous guidance of $3.15 to $3.35 per diluted share estimated in October. Further income improvements in the Plant Nutrient Group and continued increases in our grain business and income from our investment in Lansing Trade Group have led to this unprecedented performance. The company's earnings per diluted share for 2006 was $2.19.
"We are very excited about the way this year is shaping up for us, it is a tremendous performance by our team," says CEO Mike Anderson. "There are many factors contributing to this outstanding year, which we detailed in our recent conference call. Also, as noted in the call, some of these items are unlikely to be repeated which may limit our ability to perform at this record level next year."
About The Andersons, Inc. The Andersons, Inc. is a diversified company with interests in the grain, ethanol and plant nutrient sectors of U.S. agriculture, as well as in railcar leasing and repair, turf products production, and general merchandise retailing. Founded in Maumee, Ohio, in 1947, the company now has operations in seven U.S. states plus rail leasing interests in Canada and Mexico. For more, visit The Andersons online at www.andersonsinc.com.
SOURCE The Andersons, Inc.