OTCPK:INPCF - Post by User
Post by
WheresMeGoldon Oct 16, 2018 10:29am
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Post# 28809406
It’s go time!!!
It’s go time!!!Throughout western Canada farmers are resuming harvesting. Many farmers have had to wait over a month for the weather to improve. For awhile it appeared that the weather may never turn before winter set in. Now, however, by the second half of this week crops in the field will be dry enough to not need further drying.
Input requires its farmers to carry crop insurance so its risks were minimal. But it’s better for all involved to complete the harvest versus receiving insurance checks. And with 10+ days of dry and warm weather this year’s harvest will get completed for the vast number of farmers.
2018 will not produce a bumper crop in western Canada as it did in the US corn belt. However, it was a very good year for Input, with nice cash flow and further growth opportunities. And Input’s farmers received a good, competitive price for their canola. 2018 was a win-win. 2019 looks even brighter. Eventually the stock price will reflect this. At below book value and offering a 4% dividend, Input’s stock offers a great investment opportunity.