AGT Food & Ingredients Inc 5.375% Pfd Restricted 4 Month Hold T.AGTPRA

Consumer Defensive Household & Personal Products

"AGT Food and Ingredients Inc is a farm products company. The business has three primary segments: Pulse and Grain Processing, Bulk Handling and Distribution, and Food Ingredients and Packaged Foods. The Pulse and Grain Processing segment is engaged in the cleaning, calibration, sizing, shipping, and export of pulse and stable foods. The Bulk Handling and Distribution segment is engaged in the distribution of various goods, including sorghum, coffee, sugar, spices, and seeds. The Food Ingredient

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AGT Food & Ingredients Inc 5.375% Pfd Restricted 4 Month Hold > My opinion, this is a strategy to keep stock price up

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Comment by Matlockon Dec 11, 2018 10:06am

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Post# 29096385

RE:RE:My opinion, this is a strategy to keep stock price up

Former AGT investor here, rode it down from $42 to $14, sold in July when the management buyout first became news.

I think one factor to consider on today's valuation also is in the current pulse market, China has stepped in as a major buyer in the absense of India. Given recent USA/China trade tensions which Canada has got sucked into, that may be reflected in the current price below $18.

With that said, if one believes the $18 offer will definitely happen, the market is selling loonies for 95 cents right now.

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