RE:Campbell Details Good to see that GDNP is so high on his firm's list of favourites.
On the topic of acquisitions…..
They recently announced in their January letter to shareholders that current CFO and EVP of Ops, Don Holmstrom , will take on the new role of Executive Vice President of Corporate Development, Strategic Partnerships and Capital Planning effective February 1, 2021. His role will focus on their acquisition pipeline.
That is a pretty clear signal to investors that acquisitions are high on their agenda. Theyalso used the term acquisition pipeline. To me that suggests multiple targets are in play. With the recent BDO of $23 million, Don has play money. So I would expect to see another take out shortly or at least in the first half of this year. If it is equal to the size of IPF we will see the sp easily retest recent highs...imho
retiredcf wrote: He explains how it could easily have been a top pick again. GLTA
https://www.bnnbloomberg.ca/video/bruce-campbell-discusses-good-natured-products~2167934
BUY
good natured Products
(GDNP-X)
March 25, 2021
Growing organically and through acquisitions. Aims to grow revenue at 100% rate. Over time, it should go higher. Recent market volatility has pushed the smaller companies around. Great entry point.
CHEMICALS
Bruce Campbell (2)
Price
$1.130
Owned
Yes