18 Comments
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thegoodson's avatar

#CoalTwitter is VERY happy with your latest shrubstack. My timeline is basically retweets of it. lol.

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Tian Wen's avatar

“It isn’t exactly the S&P 500 but it will do.” 🤣

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Eugene Krabs's avatar

Downside is very limited given valuation and highly accretive buybacks. Even schiess management can't prevent this from printing cash. My 2nd largest position and I still wonder if I own enough.

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Ryan C's avatar

Great to see comments like this. With it not moving starting to think I was going crazy

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Joshua Hughes's avatar

BIG move in BTU today!

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Brian's avatar

Love getting confirmation on a name I’ve been buying all week from shrub. Would also like your take on $MOS as a soybean/commodities/farming play.

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Le Shrub's avatar

i need to revisit ferts! Tough trade generally with low nat gas prices, but a trade is a trade!

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Marc Steeves's avatar

I’ve been watching the fertilizer space get pummelled for so long now just waiting for signs of life. NTR and MOS look like death.

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Brian's avatar

MOS and others at critical levels, if they hold, could see a nice bounce with seasonality kicking in Feb.

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Jeremy-B's avatar

UAN (CVR Partners) is potentially the best play in the fert space - market cap of around $700m. Koch Bros just paid $3.6bn + for a US plant being sold by Dutch based OCI. That plant has roughly the same capacity as UAN's two plants. OCI apparently had multiple bidders in the process. Some complications with UAN (its an MLP, issuing K1's and Ichan is the controlling GP). It will sell at some stage and likely for 3-4x current value. In meantime, while waiting it should distro $15 per unit this year (current unit price is $66 !).

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Marc Steeves's avatar

Whoa those past dividend payments were no joke. I'll definitely be adding this to my watchlist. I forgot about UAN.

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Alan's avatar

Just to be clear, your view is there is a higher chance it would realize it’s potential AFTER some distribution taking advantage of the index inclusion event on 23rd Jan. Is this correct?

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Le Shrub's avatar

yea once elliott gets out, it becomes easier to go up

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AssidiousSamba's avatar

Great add to portfolio!

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stackedup's avatar

Been buying since March, LFG already!

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Burrito7's avatar

Shrub is the burning bush of financial markets. I will follow your commandments

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Chris Wenger's avatar

Been buying the last 2 weeks. My largest position.

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