FNA commercial

[LEP]

I have been hearing an urgent FNA commercial for an opportunity to invest in a company that handles grain, fert, and owns railcars.

CWB?? It is the only one that seems likely.

Any of you FNA members get info on this?

[Daylate]

Yes cwb. Ad starts out and sounds like their saving the grain handling system. I got excited about rail investment when I first started reading it.

[farmaholic]

Why is it when FNA is in the subject line there is little response??

[farmaholic]

.....sure is allot of crickets in this thread!!!

[ColevilleH2S]

I have no issues with producer dollars buying a portion of the new CWB, but is FNA the proper organizing force to do it? If there were shovels in the ground at their fertilizer plant well then maybe, but I grow more skeptical as each day passes.

That being said, I am a sucker for this kind of investment so committed some $ anyways, you can't play if you don't pay.

[Hopperbin]

Did not say on the website if cwb was invoved the day I looked. Is ir actual cwb involvement? May as well express interest. Fna has not been pushng hard on the fert plant lately. I take it this must be part of next phase.

[bucket]

Why doesn't the CWB just issue an ipo for former permit book holders and sell the damn thing to farmers.

Then let them hire the right people to run it.

[SASKFARMER3]

Bucket I like your Idea that I would consider investing in.

[bucket]

Sadly I suggested that to the CWB 800 number when they started the process a fee years back.

I assume ward and others never got the idea or didn't like it.

[ColevilleH2S]

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[bucket]

If they were thinking they would shitcan the fertilizer plant. Use the money to buy the CWB and get some long term supply agreements for fertilizer. Grain out, fertilizer in. Cars are loaded both ways.

Think the railways would be interested in that business model.

[dave4441]

I bet they will need some investment dollars to study the idea. Round and round.

Block of grain facilities they only come around once in a lifetime? Lol. Give me a break.

[farmaholic]

Reminds me a bit of Sask Wheat Pools Project Horizon. They spent allot of money, verticle integration, capturing more in the value chain. Concretes (good idea but kind of comparable to SWP tombstones) hog barns, feedlots, stockyards, doughnut shops, then divest it all until they were down to the core business again, then devalue equity, bond holders, and sell it for....

[Tandem007]

All I gotta say is wow...the same folks that 24 months ago celebrated the demise of the Cwb now want to invest in FNA of all companies....? The cwb is gonna screw up their attempt on their own of trying to be a real grain co, let fna in there and they're gone that much quicker. Go to Vegas if you want to lose 10 grand quick

[Hopalong]

What is it that makes so many think that if only farmers owned it, things would be better?
Our record in owning and running non farm business is not very good.