RE:one slight downgrade and the sky is fallingkenster wrote: Shorts love to jump on this Crapp, https://www.streetinsider.com/Analyst+Comments/UPDATE%3A+Stifel+Downgrades+Village+Farms+International+%28VFF%29+to+Hold/19723643.html
It is not by selling bells and peppers that VFF will grow fast. Nvm its energy segment.
Its implication in the cannabis sector was the motivation to invest in VFF. The cannabis side,
the reason to invest in VFF, is not good enough for growing revenues and profits to expand.
The cannabis was to propulse the cannabis companies and it didn't happen. Vff is maybe
better than most but it is not good enough.
See the financial above and the income on a quarterly basis. 2 milions more in revenue
is not what I find exciting to expand. It did better in the past, but the stiff competition is showing.
They delivered their QR with their revenue on a YoY basis since it is easier for
all the
cannabis companies to improve their sales, selling less products at the beginning, but the
improvement is failing for all of them because of the still competition. You can thank Trudeau
the globalist pawn and the relation public PM who had no clue how to implement the legalisation.
I made a short order tonight since I am working. I expect a lower downtrend and if I wanted
to lose my money slower than the others companies I would buy VFF. I will not even talk about
the actuals events, gas price, inflation, war that will lead to a correction and even a recession.
It will not change anything long term. I will reevaluate at theit next QR.