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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

Verde Agritech Ltd > Verde makes the TSX Top % Gainers list again
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Post by 15Stanmore on Mar 19, 2021 8:22am

Verde makes the TSX Top % Gainers list again

The national papers in Canada who print the TSX Top % Gainers lists again show Verde Agritech as one of the top performers, today in 4th place versus the 6th place earlier this week.

Looking at the detailed trading data, while the overall average trade size per transaction is in keeping with past numbers, we are seeing a growing number of small trades under 100 shares, aa well as those between 100 and 500 shares. I would suggest this is evidence of some smaller retail investors jumping on the momentum bandwagon, especially after seeing the percentage gains reported publicly and widely this week. Not a huge total volume, but with the limited number of shares on offer (why would you be selling NPK at this point?) this incremental demand is providing additional support to the upwards trend in the Verde stock price.

While we already know the total 2020 sales volume in tonnes, and that the Company met its sales target in terms of local currency valuation, I am hoping for a positive Q4 bottom line, with continued management discipline over production, distribution, marketing and administrative costs so as to maximize the reported bottom line figures.

Only 12 days to wait for those details, and the day traders are welcome to flit in and out on the margin while the long term shareholders continue their patient value accumulation.

Let's see how this unusual week ends up, and a good weekend to all.

Cheers,

S
Comment by RedDeerPlow on Mar 19, 2021 8:24am
This post has been removed in accordance with Community Policy
Comment by 15Stanmore on Mar 19, 2021 9:13am
Hello RedDeerPlow, Thank you for the positive feedback. The investors and shareholders posting on the Verde board during the 10 months I have been visiting have set a very high standard for the content shared here. The discussion is polite, respectful, informed and uniformly factual. Opinions and beliefs are identified as such, and constructive criticism expected and welcomed. Identification of ...more  
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