Why did canola collapse today?

[gustgd]

I've got to do some renovations on the house so need some cash

I own some shares in Alliance Grain traders that I got early. I've made some good money on them but never sold.
Share price is historically high and trading near top of its range. Although as you've pointed out that's pretty meaningless.

You can never go broke selling at a profit but the Scottish in me doesn't like to leave money on the table.

They have been paying a dividend every year and while not large it's a pretty good % of the original share price.

I need some money to pay the contractor but am wondering if this is best source. I could always just take out loan at Credit Union.

They have a shareholders conference call on Monday, that I stumbled upon when checking out share value. Are they worth the time?

[tweety]

Just sell some of that flax!

[gustgd]

Flax is all gone off the combine. Not seeding flax this year.

Friends don't let friends grow flax.

[mustardman]

Price of durum at port is over $15 so if alliance had those pasta plants built... it could probably pay $ 7 from your neighbours and make a killing.
Maybe the pasta plant announcement was just a photo op with stephen..

[bucket]

Gust

I gotta ask. What was it that you didn't like about flax?

You have perked my interest.

[cottonpicken]

Did a quick read on their financials,shooting from the hip i doubt there is a double in the stock price from here anytime soon and dividend is so low i think share price is more important,but they do pay a dividend which maybe will always support share price limiting downside pressure.

Tough call maybe sell half borrow half?

NIA DYODD

[ALLFARMER]

Look at price to book ratio.

Wikifinance.com

http://www.nasdaq.com/dividend-stocks/dividend-calendar.aspx

[BreadWinner]

AGT is a great investment in my opinion. With the oil industry in the tank investors are looking for safe investments. It also could be bought out by another company pushing share prices through the roof. I think it's a pretty safe gamble. I bought some $18 and now they are $28. They are predicted to go to $33. I originally bought thinking they would be taken over and that is still my game plan so I won't be selling. It is along term investment not a short term gamble.

[gustgd]

Thanks all 😀

To be clear I'm confident in the company. We've always had good dealings with them. And I think Breadwinners thoughts on takeover are possible. What's a takeover premium, 30%???

It's just the time frame. I've owned the stock a long time and have seen it raise to over $35 and then back down to $12

I'll probably figure out what the renovations coat and sell that amount.

Hoping to get $30.

The fluctuations make me wonder though. It can be up or down 3% in a day.
Cotton, there's your money. What's 3% a day for 3 days?
It's like the Casino, you just have to know when to cash up.

Bucket. I can't make money on flax. Seems you need to sit on it and wait for $14 at the yields I get.

[tweety]

Its been 14$ for months now. Still $13.75