Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Verde AgriTech Ltd. VNPKF


Primary Symbol: T.NPK

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. > Halting stock trading
View:
Post by Mexiurl on Sep 12, 2023 12:12pm

Halting stock trading

Why do I get a sleazy feeling on such a gratuitous halting of trading? I have seen promoters do this in the 1980's, in an effort to create some kind of STOP EVERYTHING AND PAY ATTENTION. Dissapointing when CEO's resort to these tactics. I sat there waiting for something big enough to merit such measures, and was pretty underwhelmed. This is a bad sign, but promoters gotta promote, and Im running out of patience. Are there no better tactics than theatrics? A complete non event, not even close to justifying halt.
Comment by nozzpack on Sep 12, 2023 1:23pm
Why do I get a sleazy feeling everytime you post here on another ID? LOL. This RR  is a very essential requirement to quickly place the product right in front of the farmers nose. Its another brick in the wall . Our new guy works real fast, doesn't he..
Comment by rudinm on Sep 12, 2023 1:41pm
A positive news on a long term investment.....not for short term trader and i bought my shares in 2018-2020 for the next 10 - 15 years 
Comment by nozzpack on Sep 12, 2023 4:37pm
Thank you. This step is part of the unfolding process that will unlock the tremendous value in a patented commodity that will change Brazils agro industry..
Comment by Benedictus on Sep 12, 2023 11:35pm
Per @Tiomango over on the ceo board, the halt was because "the information was made official by ANTT before Verde knew about it. They needed time to write the press release." So, absolutely nothing sleazy or promotional about this PR. The permit fits into the very long term strategy of the company if they can somehow figure out how to exponentially grow a stagnated customer base.
Comment by Janota59 on Sep 13, 2023 1:00am
I was surprisedto see a trading halt in this case. Verde were aware the decision was due and should have already prepared a draft news release. The news was published in the DOU digital form in the early hours of yesterday (Rio time). Here's a link to that page of yesterday's DOU: https://pesquisa.in.gov.br/imprensa/jsp/visualiza/index.jsp?data=12/09/2023&jornal=515&pagina=90 ...more  
Comment by kanerfalk on Sep 13, 2023 4:58am
Same situation as in February 2022 with the 2.5 million tonnes mining concession. The stock was halted as well, I believe CV's explanation back then was that they ad to prepare the press release.  
Comment by Mexiurl on Sep 13, 2023 6:43am
Bottom line is NPK is a concept, trying to become an asset. Investors have bought into the concept, with hopes and expectations that it becomes an asset. The transition has been shaken by events we have all understood, and watch unfold, like flooding, WAR, high interest rates. Our expectations were not set by investors, but by management. Whether it is the sales forecast, which will not be met ...more  
Comment by Benedictus on Sep 13, 2023 11:48pm
While I agree with many of your critical posts, you are starting to come across as overtly impatient. If you have completely lost faith in this business, why not just cut your losses and move on? Holding on with hope is a sub-optimal strategy if indeed you do not trust anything management says any longer. I hate to say it but there's a strong chance Cris has once again over-promised with his ...more  
Comment by Mexiurl on Sep 14, 2023 6:02am
Thanks for the advice. If I were smart I would move on, because, like u say, highly likely CV does not deliver. I have no problem moving on.  Its that or go down with the ship in the event we end up dissapointed. Year end tax loss selling with no buyers in sight, no bid in other words, no sales targets met, been there done that, like every other speculator. And who would not be critical ...more  
Comment by Mexiurl on Sep 14, 2023 7:11am
By the way, all investors have had their faith or confidence reduced, and that is to be expected. Its a big boys game, dress accordingly.  My reason to post is to generate feedback, maybe solutions, no harm in that. Message boards dont move markets. Holding the CEO to account is my angle. Equity partners buy in, because of potential, as told to investors by the founder and CEO. It is our only ...more  
Comment by Benedictus on Sep 15, 2023 12:56am
You raise many good points and it's refreshing to have reasoned analysis to counter the recent cheerleader posting here who clearly drank too much koolaid.  The headwinds are coming from every angle as we've discussed. Oil prices also continue to climb even higher likely forcing another diesel increase by Petrobas soon and forecasts for the next soy harvest in Brazil are already ...more  
Comment by Janota59 on Sep 13, 2023 7:51am
kanerfalk, The situation with the 2.5Mt concession in Feb 2022 was far worse in terms of the timing of the press release. The enviro licence for the 2.5Mt was awarded 22nd Dec 2020 and covers only two mine properties i.e. 833.323/2008 and 830.383/2008. A mining concession for 833.323/2008 was granted by MME 10th May 2021 well before Feb 2022. The mining concession for 830.383/2008 was granted by ...more  
Comment by Mexiurl on Sep 13, 2023 8:15am
Halting is a cheap trick. The fact that the news resulted in a big yawn by the market, which is what counts, not theatrics and not message boards. Everybody knows we are at the point where the rubber meets the road...gut check time...poop or get off the pot. Im hoping and coping, never a good investing strategy
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities