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Bullboard - Stock Discussion Forum AGT Food & Ingredients Inc 5.375% Pfd Restricted 4 Month Hold T.AGTPRA

"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... see more

TSX:AGTPRA - Post Discussion

AGT Food & Ingredients Inc 5.375% Pfd Restricted 4 Month Hold > Yep, Insider trades this morning and the analysts finally
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Post by mountainpose on Mar 24, 2017 10:53am

Yep, Insider trades this morning and the analysts finally

confirmed that AGT has very many moving parts, most of which they have no control over. I purchased another 1000 shares today (1500 yesterday). All risks are mitigated when the price reflects, as close as reasonable, the probability of those risks being material. I believe the current price of the shares, the dividend, the O.K. earnings yesterday and AGT's dominant position means a purchase now has a very good chance of being profitable. Also, if as suggested by management the India issue is resolved the shares will jump 2-3$. (I'm very curious as to why they would make such a claim. They have put themselves at considerable compliance risk)? We shall see... Bring on the "Pixie dust". GLTA
Comment by ferret_ca on Mar 24, 2017 3:40pm
only possible insider trades showing so far for today are buys of about 26k shares. other than options shown as exercised the other day, don't see any of them being sold yet. i suspect some funds just moving on and not liking the commodity risk.
Comment by bobyback on Mar 24, 2017 4:27pm
Im in at @30.40 :) Its like free money!
Comment by mountainpose on Mar 25, 2017 3:22pm
Can I have some of that "free" money too? I'll give you my bank account number. Only problem is I have so much free stuff I can't afford the maintenance costs:)
Comment by gmarx6562 on Mar 29, 2017 4:43pm
me too!  i'd love some of that free money!  good call
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