Bullboard - Stock Discussion Forum Ag Growth International Inc T.AFN

Alternate Symbol(s): AGGZF | T.AFN.DB.H | T.AFN.DB.G | T.AFN.DB.I | T.AFN.DB.J

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Ag Growth International Inc. is a provider of the equipment and solutions required to support the storage, transport, and processing of food globally. The Company provides equipment solutions for agriculture bulk commodities, including seed, fertilizer, grain, rice, feed, and food processing systems. It has manufacturing facilities in Canada, the United States, Brazil, Italy, France, and India... see more

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TSX:AFN - Post Discussion

Ag Growth International Inc > Significant Beat

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Post by retiredcf on Aug 11, 2022 7:23am

Significant Beat

Ag Growth International Inc. reported second-quarter sales of $389.9-million up from $301.6-million a year ago. The result was ahead of expectations of $358.6-million, according to S&P Capital IQ.

The company also reported a loss of $4.9-million or 26 cents per share in the quarter versus a profit of $14.3-million or 74 cents a year ago. Adjusted profit came in at $25.2-million or $1.20 per share compared to $16.5-million or 85 cents a year ago. The expectation was for adjusted EPS of 92 cents.

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Comment by RayDonovan78 on Aug 11, 2022 4:50pm

Good results, if its an up day tomorrow I will be selling part of my position....Sell on News !!

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Comment by RayDonovan78 on Aug 12, 2022 9:56am

sold part position today, very happy with my gain. If it rolls back I will buy back in, if it goes up substantually will sell the full position. GLTA

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Comment by SunsetGrill on Aug 13, 2022 1:36pm

So ur investment strategy is to get rid or your winners with increasing target prices?? The company made it very clear the next qtr is going to be even better than this qtr - very strange it whatever floats your boat Do you hold on tight to ur losers?

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Ag Growth International Inc