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Bullboard - Investor Discussion Forum Good Natured Products Inc. GDNPF

Primary Symbol: V.GDNP

Chemicals Basic Materials

good natured Products Inc. offers an assortment of plant-based products made all, or in part, from the maximum possible amount of rapidly renewable resources. The Company’s segments include Industrial, Packaging, General Merchandise, Commercial Business Supplies, and Services. The Company is focused on making it easy and affordable for business owners and consumers to shift away from petroleum... see more

TSXV:GDNP - Post Discussion

Good Natured Products Inc. > Initial Position in GDNP

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Post by davgro on Oct 20, 2022 10:47am

Initial Position in GDNP

I have been watching GDNP for some time since it was first covered in the Cantech Letter in December 2020. I took an initial position today at C$0.28 after yesterday's selloff.

I agree with many of the posts here that the stock is extremely undervalued and now oversold. As others have mentioned, small caps are out of favour which creates opportunities for patient contrarian investors. I too contribute yesterdays large volume (620K+) to one or more weak hands that needed to sell their positions. I will be very interested in seeing Beacon Securities analyst (Ahmad Shaath) next opinion and target which will probably come after Q3 2022 earnings (Expected Report Date: November 28th, 2022).

GLTA

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A North American leader in bio-based products. The company is disrupting a very large fast moving consumer goods market (US $400 billion annually) with very strong macro tailwinds related to sustainable products and increased regulatory pressure around use of renewable materials. good natured® has a very strong management team that includes the former CEO of Best Buy Europe, with a unique retail/commercially focused business model that is dedicated to making it easy and affordable for businesses and consumers to make the switch to plant-based products from petroleum.

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814–470 Granville St,
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1-236-427-1082
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