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Bullboard - Stock Discussion Forum 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... see more

TSX:NPK - Post Discussion

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Post by PedroPistacio on Nov 15, 2020 5:01pm

Q3

Given the target of 220k tonnes for this year, and given that 83k has been sold so far in Q1 & Q2, plus, based on last year, Verde should be able to sell at least 15k or so in Q4, the minimum sales I am expecting in Q3 is 120k to meet the co's target for the year. Anything less will be a disappointment. However given the 70k sold in the quieter Q2 I am hoping for sales momentum in the biggest quarter to lead to Q3 sales of 150k+. Let's see. 120k gets a "meh", 150k gets a "great stuff" and 170k would get a "yeehaa"!
Comment by 15Stanmore on Nov 15, 2020 5:55pm
Hello Pedro, Thank you for your great post. Given the Q4 2019 production number was 32,221 tonnes, maybe your "at least 15,000 tonnes or so in Q4 2020 is setting the bar too low. With 83,000 tonnes already accomplished by June 30, 2020 and let's say thay match the 32,221 in Q4, that would be a total of 113,574, leaving Q3 to report 106,426 to meet the 220,000 tonne forecast.   In ...more  
Comment by Benedictus on Nov 16, 2020 3:57am
Nice to see so many well thought out posts leading up to the all important Q3 release.  One anecdotal insight I wanted to add is that most of the YouTube testimonials are with coffee farmers and the investor letter shows this commodity requires the most k forte (3 tonnes per hectare), so depending on the new and existing farmer expansion of k forte usage on coffee farms, this could be quite ...more  
Comment by NSPfacts on Nov 15, 2020 8:12pm
This post has been removed in accordance with Community Policy
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