OTCPK:INPCF - Post by User
Comment by
eljoroon Jun 25, 2017 2:03pm
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Post# 26402678
RE:RE:Stephen Takacsy on Market Call on Monday afternoon
RE:RE:Stephen Takacsy on Market Call on Monday afternoonThis is what he had to say when he made it a top pick on Dec 12th, 2016:
They buy streams of canola production from farms. They have 112 farmers. They could triple or quadruple quite easily. They pulled back in the last few quarters. He has about 3% of the company. It is still early days for them. 2.02% dividend. (Analysts’ Target: $2.66)
And this is what he had to say on March 22nd, 2017 when he rated INP a buy:
A unique business model, and it has only been around for a few years. They give money to farmers in exchange for a revenue stream on canola production. What drives the stock higher is their deployment, i.e., how many farmers can they sign deals with over the next few years. This is usually seasonally. Expects there will be news over the next few months, in terms of how much capital they are going to be able to deploy this year. These are early days, and they are just scratching the surface. There are a lot of canola farmers in Western Canada.