Ok, here's the $CRESY thread (also posted to https://t.co/fxuIdqDOtQ, where the format may be a bit easier to read).
I haven't been this excited about a position in a long time. I think $CRESY is worth far more than its $6 trading price today. Here's why...
Here's what we have...
More than 1.3M acres of wholly owned SA farmland (beef, corn, soy, sugarcane
62.4% stake in a truly impressive real estate portfolio - 15 malls, 4 skyscrapers, 3 luxury hotels, nearly 1000 acres of land in Buenos Aires and Montevideo, the Buenos Aires fairground, 2 convention centers, a consumer bank, a commercial bank, and an arena, and a US REIT.
A 50% stake in Argentina's biggest ag exchange, and a 22.5% stake in an Ag fintech platform that just raised more money than any Latin American agtech startup in history from Bay Area VCs.
The farming segment itself is profitable, and with the prices of all the commodities they produce skyrocketing, despite more than doubling since the March lows, CRESY is still trading lower YoY and seriously lagging its fundamentals.
Earnings are set to explode.