RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Great presention todayrudinm wrote: looked at the chart and sentiments...I bought 8000 shares at 1.395.... I think it is forming a bottom and 3/4 will not be great but that should be discounted and next year looks better...
You are braver than I. Near term the chart looks like the bears ain't done yet and the ASDP floor is also a sobering reality. I'll be very pleased if they did 150Kt in Q3 and achieved a small profit.
Longer term, after reviewing the investor day presentation several times, I am even more convinced that this team is filling some giant gaping operational holes with the leadership and action plans necessary to re-start the growth trajectory.
The primary and secondary radius targeting along with specific crop targeting was a no brainer tactic that should have been aggressively deployed long ago. They have an enormous competitive advantage close to the mine and marketing for certain crop applications over others (sugar and eucalyptus). And the fact that most of their sales reps were at home is just unbelievable to me. No wonder they were generating mostly sub 150 ton digital orders and were perceived as a small player in the industry. I am optimistic that there are enough low hanging fruit opportunities to make the 1.2Mt 2024 target very achievable.