Good Natured Products Inc. V.GDNP

Campbell Details

[retiredcf]

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

[Zipolitemexico]

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

[Mongoose]

Good post. But $23M is not a lot of money for acquisitions. The last one for IPF cost about $16M.  Any puchase of significance will need a dilution. That is ok if it is accretive. Mgmt realizes that they have to get busier with organic or acquisition growth thus the incentive options at $1.20 recently issued. I say, incentify away, just get the SP up by doing something tangible. It is a big

[Zipolitemexico]

You are right, $23M is not a lot of money but they are typically acquiring family run businesses which can provide some flexibility. In the IPF purchase they used $12M cash and the rest was done with shares and an VTB financing.