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Verde Agritech Ltd T.NPK

Alternate Symbol(s):  VNPKF

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 multi-nutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, Silicio Forte, and internationally as Super Greensand (the Product). K Forte is a potash fertilizer that is a source of potassium, silicon, and magnesium and micronutrients. BAKS is a combination of K Forte plus three other nutrients that can be chosen by customers according to their crops’ needs. It mines and processes its main feedstock from its 100% owned mineral properties, then sells and distributes the Product. Its Cerrado Verde Project is in Minas Gerais state, Brazil, which is a potassium-rich deposit, from which it is producing solutions for crop nutrition, crop protection, soil improvement, and increased sustainability. Its technologies are Cambridge Tech, 3D Alliance, MicroS Technology, N Keeper, and Bio Revolution.


TSX:NPK - Post by User

Bullboard Posts
Comment by Benedictuson Jan 08, 2019 1:25pm
120 Views
Post# 29201269

RE:RE:RE:Dream on

RE:RE:RE:Dream onseveral of your points are quite valid, which is why npk is sitting at a 30M mkt cap despite a 2B npv with 290% irr. It is early days yet on the production side of the co and Cristiano will need to show in 2019 repeat business orders and hopefully much larger orders from satisfied farmers along with, dare I say it, word of mouth demand amongst new customers.  

I completely understand you staying on the sidelines until you get a better understanding of the sales growth and traction but I disagree with your saying there is any hype in the current sp. The sp is exactly where it should be, meandering in a wait and see pattern. Cristiano has put his money where his mouth is and bought more shares in 2018 and so clearly he and his team are understandably all in and believe the production side will ramp. Will production capacity be fully utilized in 2019 and 2020? and will they have to hemorrhage their margins to do it?  - the answer to these questions are obviously open to huge debate until we see further news releases. But imo there is quite limited downside here and very little risk of much "hype" being squeezed out of the sp. The story here is extremely compelling and mgt is fully vested in success, so I will hold along side them and add on any possible dips.
Bullboard Posts