DALLAS, April 28, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring AgFeed Industries Inc. (Nasdaq:FEED). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/ads/FEED
AgFeed Industries Inc. (FEED) is engaged in the research and development, manufacturing, marketing, distribution and sale of pre-mix fodder blended feed and feed additives primarily for use in China's domestic pork husbandry market. FEED operates through wholly owned subsidiaries, Nanchang Best, Shanghai Best, Guangxi Huijie, Shandong Feed and HopeJia.
Message Board Search for FEED: http://www.boardcentral.com/boards/FEED
In the report, the analyst notes:
"Both business units contributed to record revenue of $173.2 million, an increase of over 20% from 2008. Production levels also achieved records; FEED produced 680,000 hogs and 117,000 tons of feed, which resulted in operating earnings of $0.31/share. In spite of these record production levels, margins came under pressure as hog prices hit a three-year low.
"FEED recently announced that it has agreed to invest in a hog production project in conjunction with Xinyu City in Jiangxi province. The two-year project encompasses the building of five western model hog farms, totaling 25,000 sows. The initial phase of the project will encompass an investment of $18 million to build two 5,000 head sow farms, one 200 head boar stud farm and one 2,600 head multiplier facility. Upon completion the first phase of this complex shall have an annual hog production capacity approaching 230,000."
To read the entire report visit: www.microstockprofit.com/ads/FEED
See what investors are saying about FEED at penny stock forum
MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http://www.microstockprofit.com.
MicroStockProfit.com Disclosure
MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.