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Bunge Limited (0U6R.L)

LSE - LSE Delayed price. Currency in USD
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75.65+0.66 (+0.88%)
At close: 4:35PM BST
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  • L
    Luke
    Thinking about picking up $10k worth of shares tomorrow. I don't think this will drop much during the market crash that is inevitable
  • M
    Maria
    Zacks has a buy rating on BG. They noted the RSI reached oversold territory, increased earnings expected and a price turnaround may be in the offing. Strengthening dollar, China messing with commodities and the Fed suggesting rising rates in 2022 may all have contributed to BG's latest price downturn. I'm just throwing all this out there to see if anyone on this board has a reaction to my speculations. Thanks in advance for any replies.
    Darwin
  • M
    Maria
    BTW the post below is me (Darwin) writing. Maria is my wife and this is her Yahoo account but she doesn't do any trading; she just supervises me and puts on the brakes as necessary. This arrangement usually works just fine.
  • M
    Maria
    Bought 200 more shares this AM and BG is down more from where I bought @$77. My wife said that's it, she likes BG but no more buying now. Relative strength for BG hit 20 this morning and that's why I bought. I don't regret buying BG, I just hate buying at high prices.
  • F
    Foster
    @Sandy What is going on with our babies? ADM and BG are losing ground after already losing all momentum this month. I am not throwing in the towel as I have sold Calls against both now. My BG Calls are at 115 so I don't think I will lose those by January. We should be so lucky. I see the price of Corn and Soybeans have weakened. I guess this is all about that. My Nat gas stocks are on fire!
  • d
    doug
    It's not just BG... all of the basic materials stocks are getting pulverized. Feels like they are getting knee-capped by a Fed that's intent on selling a story. BTW - Corn, wheat, and soybeans are still up big time yoy.

    Welcome to the US stock market, 2021.
  • '
    '$parky '' !!
    76.52 -3.92 (-4.87%) ??

    ??@capKirk At 82 this stock has the lowest PE on the entire NYSE. Who would ever

    sell a stock

    of a real company

    with a PE in single digits??
  • F
    Foster
    OK, this is getting weird. I keep looking at Corn and Soybeans and they just keep dropping. Many metals are dropping too but Oil, Nat Gas and Iron Ore are all holding up. So we can't just chalk this up to an across the board commodities correction. But there is still no place to hide. CF is dropping as well as CTVA, ADM, INGR. All Ag is ugly! What turns this around going forward? This is all because the Fed says they will raise rates twice in the next 30 months. What a joke! First of all, if they wait that long, we will have real inflation. After raising rates twice, we end up with a Fed Funds rate of 1% two years from now. They call the tightening?? @Sandy Give us a pep talk please. I don't have any money to buy more BG or I would pick up a few hundred more at 75. I hope it doesn't get to 75.
  • F
    Foster
    @Hillsdale89, Lets take this dog out hunting, what do you say?
  • B
    Benjo
    Good to own in 40-50 for long term.
  • i
    ixos
    Oversold
  • d
    doug
    Wow, knew the $82's were coming. Was ready and picked up a few more shares this morning. Maybe we get even cheaper - who knows - but to those selling shares here, I thank you.
  • J
    January 2093
    What a stock should have bgt more on the pull back !!! Chart is so impressive! Party 🎉 Time soon !!!
  • i
    ixos
    BG : Bunge EPS beats by $1.59, beats on revenue • 6:02 AM

    Bunge (NYSE:BG): Q1 Non-GAAP EPS of $3.13 beats by $1.59; GAAP EPS of $5.52 beats by $4.02.
    Revenue of $12.96B (+41.3% Y/Y) beats by $2.68B.
    The company increased FY2021 adjusted EPS outlook to ~$7.50 from prior $6 and consensus of $6.43
  • S
    Sandy
    I bought more prior to earnings. BG is undervalued at under $50, fairly valued around $60 in my opinion. My bullish thesis is: 1) weak US dollar helps BG as they have a significant revenue abroad 2) free cash flow is good for market cap 3) new management with goal of earnings of $5 or more and to deleverage and simplify business 4) decent dividend yield 5) potential take-over target. I believe all of the agri-stocks have strong and improving fundamentals, BG is one amongst them.
  • H
    Hillsdale89
    Is this getting near anyone’s sell point? I have to admit that I bought this as an income stream, at what I thought was a good price and better than 5% yield, $38.08. I think I’m out at around $82-84.00. If we get an announcement about the dividend I may reconsider, but this has been a great ride!
  • S
    Sandy
    According to earnings call, they had projected earnings to somewhere less than $3.70 for year after Q1 results. After Q2 results, they guided Q3 and Q4 combined earnings upwards by 100 million dollars ($0.55 per share) after the Q2 earnings beat. My estimate for their projected full year earnings guidance is around $4 for 2020 year. 1st half of year, BG generated 715 million free cash flow, using 100 million to buy back stock, 413 million to pay back debt, and 142 million to dividends. If margins are stable, BG is a free cash cow. This stock should be trading nowhere in the 40s with a PE ratio of 15 (15 x 4 = 60), 40% upside from here. I am definitely adding more if I get a chance.
  • S
    Sandy
    Added 600 shares more today, 2000 shares total now. Fully built my BG position. My fair value analysis has this stock at $50. Insider purchases and management goal of $5+ earnings per share are encouraging. I believe in this company, especially with their deleveraging and simplified business model. Thats my story, and I'm sticking to it.
  • j
    jeebenjee
    Happy New Year to all!
    When I look at Bunge chart I see inflation coming in force.
    Idem for silver and oil.
  • H
    Hillsdale89
    Does BG have exposure to Beyond Meat? Could they benefit from increased demand for Beyond Meat products and increasing distribution?