China agriculture stock suggestion : AgFeed Industries, Inc. (FEED)

1. Harry Boxer suggestion on FEED on Nov.24th.09 http://www.thetechtrader.com/chartofday/

Harry Boxer has more than 40 years of Wall Street investment and technical analysis experience, including eight years on Wall Street as chief technical analyst with three brokerage firms. Former chief technical analyst and columnist for AmericaInvest.com and winner of the 1995 & 1996 worldwide Internet stock-market trading contest, "The Technical Analysis Challenge," Harry is widely syndicated and a featured guest on many financial programs and sites.

Agfeed Industries Inc. (FEED) has had a spectacular surge the last couple of sessions on the biggest volume since back in May when the stock was running. This could be a breakout today although it didn’t close well, still 8.9 million shares traded. The stock closed right at the declining tops line. Any further follow through here and we could get a substantial move on it, with a target up around the 7 1/2 area for starters and beyond that something up around the 9–10 range.

2. http://www.inflation.us/stockupdates.html
AgFeed Industries (FEED) is currently $4.23 down 8% since we suggested it on November 3rd at $4.60. FEED announced today that revenues for the 3Q were down 9% from the prior year to $45.12 million and net income was down 65% from the prior year to $2.9 million. FEED's balance sheet strengthened from a year ago with their cash position up 135% to $36.5 million and their shareholder equity up 32% to $142.8 million. FEED is currently positioning themselves for the long-term agriculture boom we expect to take place for decades to come in China.

3. November 3rd, 2009: AgFeed Industries, Inc. (FEED)Current Price: $4.60http://www.agfeedinc.com/

Our last China agriculture stock suggestion Zhongpin (HOGS) gained 89% from our March 31st profile at $8.88 to a high on October 21st of $16.79.

Our new agriculture stock suggestion is AgFeed Industries, Inc., listed on the NASDAQ Global Market under stock symbol FEED. FEED is the largest commercial hog producer and the largest premix feed company in China. Founded in 1995, they currently have over 1,900 employees and a highly profitable business.

FEED, through its subsidiaries, engages in the research and development, manufacture, marketing, and sale of fodder and blended feed for use in the domestic animal husbandry markets in the People's Republic of China. The company also involves in raising, breeding, and selling hogs for use in China's pork production and hog breeding markets. Its products primarily include additive premix fodder for use in all stages of a pig's life, and blended feeds for the infant stage of a pig's life. In addition, FEED produces three brands of premixed chicken feed. It offers its products primarily to distributors and large scale pig farms.

With over 600 million hogs produced each year, compared to 100 million in the U.S., China represents more than 50% of the world's annual hog production as well as the world's largest and most profitable pork consumer market. FEED has a strategic platform for accessing China's vast feed and hog raising industries.

FEED owns and operates 30 commercial hog farms and 5 premix feed plants. FEED's hog farms and feed plants are strategically located in south China where some of the most profitable feed and hog markets are located. FEED's hog sales for the first six months of 2009 totaled 316,000 hogs, with 183,000 sold in the second quarter. This puts them in line to meet their goal of 650,000 hogs produced for 2009. FEED anticipates producing approximately 2.5 million hogs from now through 2011!

FEED currently benefits from an income tax free environment (hog production), strong synergies between their feed and hog raising segments, a strong balance sheet and capital strength as a public company.

FEED has amazing fundamentals that make it very attractive at the current levels. FEED has grown its total revenues from about $8.6 million in 2006 to about $36.1 million in 2007 to over $143.6 million in 2008 and $167.8 million during the most recent twelve months! FEED has about $30.9 million in cash with only $5.4 million in debt and is profitable with a trailing P/E ratio of 10.

The pre-mix feed market in which FEED operates is an approximately $1.6 billion segment of China's $40 billion per year animal feed market, according to the China Feed Industry Association. China is expected to surpass the U.S. as the world's largest animal feed market reaching $50 billion in annual sales by 2010!

In our opinion, FEED is significantly undervalued with tremendous long-term upside potential.

4. November 30, 2009 /M2 PRESSWIRE/ BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold lists. AgFeed Industries (NASDAQ: FEED) and Linear Gold Corp (OTC: LGCFF). For a complete list of companies on the naked short lists please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to http://www.buyins.net/ .

AgFeed Industries, Inc. (NASDAQ: FEED), through its subsidiaries, engages in the research and development, manufacture, marketing, and sale of fodder and blended feed for use in the domestic animal husbandry markets primarily in the Peoplea™s Republic of China. The company also involves in raising, breeding, and selling hogs for use in Chinaa™s pork production and hog breeding markets. Its products primarily include additive premix fodder for use in all stages of a piga™s life, and blended feeds. The company offers its products primarily to distributors and large scale pig farms. As of December 31, 2008, the company had 1 breeder farm and 29 meat hog producing farms in the Jiangxi, Shanghai, Hainan, Guangxi, and Fujian provinces. It has a joint venture agreement with M2 P2, Llc. The company was founded in 1995 and is headquartered in Nanchang City, the Peoplea™s Republic of China. There is no longer a failure to deliver in shares of FEED.

5. Dec.7th.09 Before the stock open.

Feed should be up huge today. Finally, Feed goes to Uptrend.

Last Friday range $4.86-$5.18. Closed at $5.04. Opened at $5.00.

Feed $5.00 Feb.2010 Open Interest is 78,111 contracts.

78,111 contracts= 78111 x 100 = 78111000 shares

1 share = $0.80, 78111000 shares x $0.80= $6248880.00

Feed Daily chart Up strongly.
Feed 60minutes chart Up strongly.
Feed 30minutes chart Up strongly.
Feed 15 minutes chart Up strongly.
Feed 10 minutes chart Up strongly.
Feed 5 minutes chart Up strongly.