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

Pretty grim outlook

[hipfner]

No bottom in sight.

India seems intent on maintaining tariffs and non-tariff barriers and AGT suffering the loss of market for its exports.

While diversification into more processed ingredients is a good strategy there is a lot of capex and time needed to make a substantial difference.

I'll be very interested in the Q4 MD&A for some glimmers of hope.

[4frankly]

this Pulse Canada release Feb 23 says progress, but not clear what that means for the tarriffs: https://www.newswire.ca/news-releases/progress-for-canadian-pulses-in-india-674978943.html Let's hope this: https://www.realagriculture.com/2018/02/western-canadas-protein-supercluster-tapped-for-a-cut-of-950-million/ enhances the value added processing investments AGT says it has been making

[ferret_ca]

Sunny ways trip to india certainly hasn't helped the situation for trading with india,lol.  a some point agt will become a buy, lots of headwinds for now .