Article

2013-01-29 Fifth Column

Pakistani Fertilizer Firm To Expand In US, Balks On Controlling Bomb Materials

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Posted by trailing wife 2013-01-29 00:00|| || Front Page|| [2 views ] Top

#1 Great, aren't they giving us enough fertilizer without setting up a distribution center?

Posted by Skidmark 2013-01-29 00:05|| 2013-01-29 00:05|| Front Page Top

#2 Follow the money:

BOA- Merrill Lynch as the Market Maker for Fatima Fertilizer

New York, March 2012: Bank of America-Merrill Lynch has been approved by the US regulator FINRA to act as Market Maker for Fatima Fertilizer Company Ltd (Fatima) for its Sponsored Level 1 American Depository Receipt (ADR) program. BOA-Merrill Lynch, one of the worlds premier providers of wealth management, securities trading and sales, corporate finance and investment banking services, will facilitate the trading of Fatimas ADR on the OTC market in USA.

It must be noted that a year ago, in March 2011, Fatima appointed BNY Mellon, the global leader in asset management and securities servicing, as the Depositary Bank for its ADR program. Fatimas ADRs are tradable on the over-the-counter (OTC) market in USA under the symbol "FTMFY." Fatima became the first Pakistan based company to facilitate trading on the US OTC markets enabling both retail and institutional investors in the US and internationally to trade readily in more convenient daylight hours. This partnership of Bank of America-Merrill Lynch and Fatima will offer greater opportunities to the Global investor community to invest in Pakistan based securities, while enabling the company and the country to benefit from the higher visibility provided by the ADR Program.

Posted by Besoeker 2013-01-29 07:02|| 2013-01-29 07:02|| Front Page Top

#3 Not much to be made in fertilizers, the margins are very, very low.

Posted by Besoeker 2013-01-29 07:31|| 2013-01-29 07:31|| Front Page Top

#4 Not much to be made in fertilizers, the margins are very, very low.

Ah, but look for the kabooms coming soon to a place near you.

Posted by Snager Theque2683 2013-01-29 07:55|| 2013-01-29 07:55|| Front Page Top

#5 Even the WAPO gets it!

Posted by Besoeker 2013-01-29 08:47|| 2013-01-29 08:47|| Front Page Top

#6 $1.3 billion Posey County Bond issuance.

WARNING: If you suffer from high blood pressure or are taking Pradaxa, do not open this link.

Posted by Besoeker 2013-01-29 08:53|| 2013-01-29 08:53|| Front Page Top

#7 75% gross margin, 73% operating margin is very, very low?

Posted by Nimble Spemble 2013-01-29 09:19|| 2013-01-29 09:19|| Front Page Top

#8 They expect to do major business in Dearborn, MI.

Posted by Rob Crawford 2013-01-29 09:19|| 2013-01-29 09:19|| Front Page Top

#9 #7 75% gross margin, 73% operating margin is very, very low?
Posted by Nimble Spemble

Sarcasm NS, sarcasm.

Posted by Besoeker 2013-01-29 09:32|| 2013-01-29 09:32|| Front Page Top

#10 I would like to know which politician is greasing the skids for this nasty operation?

Posted by warthogswife 2013-01-29 16:11|| 2013-01-29 16:11|| Front Page Top

#11 #8: That was exactly what I thought when first reading it too!

Posted by Charles 2013-01-29 18:21|| 2013-01-29 18:21|| Front Page Top

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