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Bullboard - Stock Discussion Forum Burcon NutraScience Corp T.BU

Alternate Symbol(s):  BRCNF

Burcon NutraScience Corporation is a Canada-based technology company. The Company is engaged in the development of plant-based proteins for foods and beverages. The Company has a patent portfolio covering its specialty plant-based proteins derived from pea, canola, soy, hemp and sunflower seeds, among other plant sources. The Company is involved in the production, sales, marketing and... see more

TSX:BU - Post Discussion

Burcon NutraScience Corp > Burcon Management
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Post by Summer001 on Feb 15, 2022 3:58am

Burcon Management

Take a closer look at Burcon's management. Almost all members have been dependent on or employed by the major Chinese shareholder for their entire professional lives, have little other professional experience or have or had second jobs alongside Burcon. What does that tell us?
Comment by Trendsetter on Feb 15, 2022 12:50pm
Summer we actually do agree on some things but in order for you to have credibility you need to discuss more about your constant rant about the Chinese (actually I beleive it is HK) owership/connection. You often blame what is, I agree, Burcons lame business stragegy on the HK owner over the years but why would they want to see an 80% correction off the April 2021 highs?  They own 23% of the ...more  
Comment by Summer001 on Feb 15, 2022 1:27pm
#Trendsetter: Did the CEO pay one cent for his shares, what qualifications does he have, who has he been working for almost 30 years? What was Tergesen's value over the years and to whom?Who took advantage of the sharp rise in the share price and how? You have to ask and answer the right questions!
Comment by Alternative on Feb 15, 2022 1:32pm
Summer, if u have the answers tell us? U keep on saying the HK owner and Tergesen sold shares, show us where u can prove that happened?? All u do is spout negativity with not being able to substantiate your comments. Until u can definitively prove what u are saying u remain to have NO credibility. I am not happy with what has transpired over the past 12 months and I agree Tergesen is a joke.
Comment by Summer001 on Feb 15, 2022 1:51pm
Alternative, you say Tergesen is a joke. Why have they kept the joke all these years? Do you have an answer to that? Moreover, I don't think Tergesen sold any shares, he could be happy with his salary and bonus shares, whatever they will be worth at some point.
Comment by Trendsetter on Feb 15, 2022 3:30pm
Summer, what is your best outlook for the company and SP 12 months from now?
Comment by Summer001 on Feb 15, 2022 4:17pm
#Trendsetter: The new CEO will be very important (experience, network, industry, independence). If there is a new JV (20% chance in 2022), the partner will be crucial for the valuation.  M&A probability extremely low. Merit is unlikely to be as successful for Bucon as always claimed. Customers are reserved, competition is increasing and the market will continue to develop ...more  
Comment by Summer001 on Feb 16, 2022 6:17am
Trendsetter, what is your range for the SP in 2022 or your target 12 months from now?
Comment by fundmanager1944 on Feb 16, 2022 7:34am
1. this is not important 2. this is unpredictable because so many influences possible 3. i would never tell my guessing to a criminal basher who is misusing everything he gets f...ck off and shut up
Comment by Alternative on Feb 15, 2022 5:26pm
Summer, the reason they likely kept him on is because he was one of the founders of the company. Cannot see any other reason why he kept his job all these years! He is a promoter at best and certainly never had the credntials to be CEO of a listed company.
Comment by fundmanager1944 on Feb 15, 2022 6:19pm
totally not important because PAST and Tergesen is NOT MERIT who are the ACTIVE part now we will see totally different numbers this quarter from conf call: With Merit’s facility now able to consistently produce at scale and now has the capability to produce the commercial volumes required to fulfill large orders and to support the procurement processes more and larger CPG companies and ...more  
Comment by fundmanager1944 on Feb 15, 2022 6:30pm
and additionally (source: conf call) However, Merit has worked with and supported the quality assurance and safety audit teams of a number of important CPG customers, as part of those entities procurement processes. And Merit is already producing its best-in-class peas as pea protein ingredients for a major food and beverage customer, a leading brand for dairy and dairy alternative products ...more  
Comment by Summer001 on Feb 15, 2022 6:27pm
#Alternative: Founder is a nice story. JT has worked for the HK Chinese in the real estate business before. As far as I know, he didn't have any significant shares at the beginning. If anything. The HK Chinese now has a smaller stake in Burcon, but even with 24% and a majority on the board, he could always decide about JT.
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