SÜDZUCKER WKN: 729700 ISIN: DE0007297004 Kürzel: SZU Forum: Aktien Thema: Hauptdiskussion

Na ja, wäre mit der 14+ zufrieden. Mir ist ein langsamer und stetiger Anstieg lieber als schnell hoch und runter. Es sollte nachhaltig sein. Der Zuckerpreis scheint sich zu erholen, nur sollte es sich endlich auf die Bilanz niedergeschlagen.

Wenn noch das ein oder andere Buy Votum kommt könnte die Dynamik noch zunehmen 👍

Nein, nicht zu früh gefreut. Die geht sukzessiv bis 16/17 Euro.

Schon wieder zu früh gefreut 🙄

👍🏻 Kauf nochmal nach. 😂

Gestern nachgekauft...sowas passiert mir sonst nie

Man geht wohl davon aus, dass der Preis für Zucker mittelfristig steigen wird

Wow...wo kam denn der Anstieg her?

BARCLAYS stuft Suedzucker auf 'Equal Weight' https://www.finanznachrichten.de/nachrichten-2021-03/52273457-barclays-stuft-suedzucker-auf-equal-weight-322.htm

👍🤠

Seit heute dabei... Allen investierten viel Erfolg

👍

Further positive information for the company was the result of the OPEC+meeting and subsequent significant increase in the oil price. Sugar has strong correlation with oil - which is not only a general commodity style correlation between physical goods. It is due to the role of the sugar cane production in bioethanol industry. If oil price is high, the refineries - particularly in Brasil tend to use the sugar cane to produce ethanol. If oil price is low, it is more profitable for them to produce sugar. As Brasil is by far the greatest exporter of the sugar, it can literally flood the market with it. Given that oil price is going up, the potential sugar will end up as ethanol, which reduce supply of the sugar and increase its price level. Higher price level of the oil will also increase the pace of the change of the bioethanol in the mix in India - from current 5% to 20%: https://www.reuters.com/article/india-ethanol-gasoline-idUSKBN29J2FF For them besides the money it is political thing - they want to reduce the energetic dependency on the import from thrid parties, but surely good price environment will make it more profitable to do. In EU sugar does not fully work in free market environment - we have minimum prices etc. - this is why SZ was having big losses in previous years - but thanks to that it keeps amount of beet suppliers. Beetroot cannot really be stored for long as well, therefore, when the prices of sugar rise sharply, the beet producers are not the main beneficiaries, but the sugar producers. In other industries, often, the sharp rise of required raw material results in depressed margins in their production. This is why in big part in my portfolio I have agricultural business that have big part of their business - farming - they will get the biggest chunk of profits in the new prices environment, but as I said from the processors - sugar business is in very good position as well.

Thanks Milko for your good analysis. It fits completely to my view on the market. I will try to buy even more shares during the next days. That the analysts looking only 2 quarters ahead was not clear to me. So this would then fit to my thought that a first positive report from the company would change their view on the company and the financial model. Great to have a discussion on this channel!

Sorry - I made mistake 100 eur per ton more, not 100mln eur more ;)

Best wishes to my fellow investors. I think, that besides short-term downfalls, caused by the possible slide of the SP500 due to the technological companies awaited reduction of the insane prices. We are in safe. Take a look at the page 8, of the UE reporting for sugar prices: https://ec.europa.eu/info/sites/info/files/food-farming-fisheries/farming/documents/sugar-price-reporting_en.pdf Long term, EU sugar price was at the level of the import price of the white sugar from other countries, the difference between spot prices and reported - contracted prices is already ~50 EUR, but the import prices are already ~100 EUR above. Given general upward price trend of sugar in the world, its highly unlikely that the import prices will go down - on the contrary, they will likely increase. Current small downfall of prices will likely end soon, as we are getting to the bottom limit of the trend channel. So yeah - I think that next season SZ will likely sell their sugar for about 100mln EUR more than this season. With the same weak volume as in the previous years its 350mln EBITDA more. The deficit in the world sugar production this year (~5.5 mln ton) is too big, to have possible change of the pricing environment. Furthermore, India wants to drastically increase the amount of ethanol in the gasoline mix - this is another several millions of tones of additional demand in the next 2-3 years. We just need to have some patience. It seems as well, that analyst are very cautious and they do not look forward more than 2 quarters - otherwise, they would have to price in next year possible contracting price increase and they would have to set the fair value of the company to the stock price of at least 17 EUR. Cheers my fellows!