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

Sunora Foods Inc. V.SNF

Sunora Foods Inc is a food oil entity which involves in trading and supplying canola oil, corn oil, soybean oil, olive oil and speciality oils to markets located in Canada, the United States and Internationally. The company operates in the single segment of Food Oil. It offers its product under the Sunora, Sunera and numerous private label brands. Geographically the company receives maximum revenue from the United States.


TSXV:SNF - Post by User

Post by jeffrey8on Sep 07, 2018 4:40pm
45 Views
Post# 28582336

Remember

RememberThis one is a slow and steady company that is making money each quarter and has a ton of cash to deploy which will transform it eventually. It's international markets are increasing each quarter. They are hyper conservative and are currently evaluating prospects to deploy the cash that make sense. They are in no rush to pull the trigger but they understand shareholders are losing interest. The float is very tight and they are now buying back shares so when they make a move the share price will rise nicely. There is a big block at .15 that needs to find new hands and then it is very thin.
I have been accumulating for years and have faith they will unlock value with a wise investment. Maybe once the cannabis and bitcoin bubbles burst investors will look at fundamentals and start buying Sunora. the other option is it gets taken private and we will sell our shares at a premium. There is over 3 million in cash so it wouldn't be too hard for Steve Bank to just grab the outstanding shares. we will see.
<< Previous
Bullboard Posts
Next >>