Verde Agritech Ltd T.NPK

Gap Fill

[Moonshot13]

“There are decades where nothing happens, and there are weeks where decades happen.” There was a decade's worth in February. 

1st level Fibonacci retrace to $5.84 in play. .681% of last weeks intraday high$9.45.

[rodrabal]

You still here !!!!!  Good luck with that. Looking forward to squeezing you   Keep shorting lol

[PedroPistacio]

Ah, Moonbeam. Welcome back. I hope you are not suffering on your short too badly. Last week you were looking for a pull back to $1..... I hope you have put your money where your mouth is?

[rodrabal]

NUTRIEN LTD (NTR:CT) 128.80 7.88 (6.48%)   As of: 03/07/22 11:45:49 am REAL-TIME QUOTE. Prices update every five seconds for TSX-listed stocks

[Moonshot13]

Hey Taco....wuzzzzaaaapp ? I never said $1.00...I said $3.00. None the less , the commodity train will soon run out of steam and revert to correction. NPK has already started. 1st stop $5.85. It's bull run got way out over it's ski's here as the market is telling. It's too small and limited and therefore risky at this price.

[okavongo]

At this price (8 $) I think Verde is cheap. You pay only 4 times 2023 EPS ! If Potash price is 500 USD/t. But for now Potash price in Brazil is around 800 USD/t... So maybe Verde is crazy cheap. Will be fun if shorters are coming :) You want to see 3$, you can get 20$ :) Will see

[ICT1111]

Guidance based on US$500 KCl price 2022  700kt       EBITDA     C$28.434m     EPS  C$0.50 2023  1,400kt    EBITDA    ~C$58m           EPS C$1.00  From the above we can calcutate that each ton contributes just over C$40 to the EBITDA. BUT in this interview from last week CV

[RusticHit]

These Potash stocks are way over bought same thing happens every cycle boom bust ,,,,,,,,,,carefull 

[okavongo]

You're right but Verde is not only a potash price play. It's a growth play also. 2,8 million tons capacity in 2023 for 700 000 t guidance (and capacity) in 2022. It's a big difference ;)

[ICT1111]

Sure, but not just a 'growth play'. Brazil imports 30+m tons of fertiliser and for the medium term they will get nothing from Russia and Belarus..... that 20m+ tons needs to be sourced from somewhere and its equivalent in kforte is 100+m tons. Add to that the Canadian railroad strike that might threaten Canadian supplies as well........ Brazil finds itself in a dilema but Verde could be