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Bullboard - Stock Discussion Forum Imperial Ginseng Products Ltd. V.IGP

Alternate Symbol(s):  IGPFF

Imperial Ginseng Products Ltd is a Canada-based cultivator of North American ginseng. Its core business is cultivating and processing ginseng in the province of Ontario and selling the dried ginseng to wholesalers in Asia and North America through distributors. The company owns a processing facility in Norwich, Ontario and its farm operations are spread over southern Ontario. The firm operates principally in one segment, being cultivating and selling ginseng.

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RE:RE:RE:RE:RE:RE:Quarterly report: on track for massive cash distribution

@Tree2tree: Have you found a new tenant for your lobster trap? Hold on, it will come.  rate and reply

RE:RE:RE:RE:RE:Quarterly report: on track for massive cash distribution

take it easy now boys!  rate and reply

RE:RE:RE:RE:Quarterly report: on track for massive cash distribution

You really have no idea what a forkin jerk you are.  I can say it on this board since almost nobody is reading.  rate and reply

RE:RE:RE:Quarterly report: on track for massive cash distribution

Essentially, you're offering to use money to buy IGP's assets, not knowing what they'll do with them. You present your anticipations as realities, all detailed in a beautiful story with...read more

RE:RE:Quarterly report: on track for massive cash distribution

Phil, your own lobster cage is your asinine personality, which overrides any kind of objectivity or honesty.  What a miserable life. For the rest of the board, if you are actually interested in...read more

RE:Quarterly report: on track for massive cash distribution

would indeed be a great outcome. Thanks, hade missed some info in your post. Fingers crossed!  rate and reply

RE:Quarterly report: on track for massive cash distribution

I understand that IGP is another lobster cage in which you have imprisoned yourself. Ginseng is the perennial plant with a thousand and one properties. For your ignorance, it is of no use. The next...read more

Quarterly report: on track for massive cash distribution

So I was 'right' a little too early back in November, as they ended up having a small amount of ginseng left to be harvested this year. Highlights of quarterly report as of March 31: - Cash...read more

Don't sell yet!

Here's why: - By the end of November, the quarterly report will come out, confirming that they have sold all the harvested ginseng, leaving only cash and other assets worth about $2/share...read more

Now that bid is at $1.00

So we're about halfway to fair value.  And the ask is $1.48.  Still a bargain for those who understand what is happening. (I know there are very few readers on this board, but who cares...read more

RE:Done with ginseng! Sitting on pile of cash

Some people are starting to get it.  Those who know how to read SEDAR, because the company never issues a news release.  rate and reply

Done with ginseng! Sitting on pile of cash

Nothing much left to do except distribute the cash, possibly as a special dividend. The annual report is out and confirms they have sold all remaining ginseng and are exiting the ginseng business...read more