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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

Comment by BCdudeon Mar 25, 2021 11:10am
196 Views
Post# 32875087

RE:In the spotlight again

RE:In the spotlight againThe increased volume suggsts we attracted some new investors to the story, but who's to say these are the kinds of investors who want to buy and hold, or whether thay are momentum investors who buy with the hope of short-term gains. If it's the latter, it would explain the quick run-up followed by the equally quick pull-back.

Personally, I prefer to focus on the value proposition and long-term investing, and nothing has changed in that regard. Based on future cash flows, growth projections and industry tailwinds (chloride-free fertilizer), this is undergvalued here IMO.

This company already has a large, committed, long-term shareholder base and I expect we will gradually find more of those investors who won't be willing to part with their shares at the slightest sign of a pull-back.

15Stanmore wrote: Verde made the one of the TSX Top lists again this morning, only this time it was to achieve thrird place on the biggest percentage losers list, dropping 11.2% to close at $1.58. Not the kind of PR exposure you would generally want, but when you have recently been twice on the top gainers list, perhaps not unexpected.

As some folks have posted here recently, the pull back has brought the price back to where an initial position or adding to an existing position feels more comfortable. Let's see if this renewed interest will limit the pull back and we can return to the climb towards $2 per share.

Cheers,

S. 


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