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Bullboard - Stock Discussion Forum Verde AgriTech Ltd. T.NPK

Alternate Symbol(s):  VNPKF

Verde AgriTech Ltd is an agricultural technology company that produces potash fertilizers. The principal activity of the Company is the production and sale of a multinutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, and internationally as Super Greensand (the Product). K Forte is a potash fertilizer that is a source of potassium, silicon, and magnesium and... see more

TSX:NPK - Post Discussion

Verde AgriTech Ltd. > Expectations?
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Post by Storage1 on Nov 16, 2022 6:55am

Expectations?

I am not sure what investors expected from Q3 earnings. Seems to be in line with my projections. The road issue was a killer for production and sales in the largest quarter of the year. I am actually surprised to see the stock move up this high. Next year will tell me what I need to know about this project. If they can hit their targets I plan on hanging on. If we have more mishaps like this year I am out. This road issue should have been seen before they started trucking material from plant 2. That issue alone has removed the traction from the company. We were on a straight up to the right movement. Now we have to wait and see how sales will be moving forward as I am sure they lost some customers from failure to deliver product. GLTA. Looking forward to 2023.
Comment by SMlachake on Nov 16, 2022 10:20am
What you say is correct. But it's a little unrealistic to hole Verde responsible for road engineering mishaps on a long stretch of road. On fertilizer front, they are delivering per guideline. We are going to have 3mt capacity next year, seems plant was build right. Question is now on the marker. Expanded sales team and hint that they were not able to fill existing orders are all positives. If ...more  
Comment by Moonshot13 on Nov 16, 2022 2:08pm
on way back to the 4's
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