Verde Agritech Ltd T.NPK

Crickets

[Storage1]

So much for under promise and over deliver. If CV would have pushed the plant 2 start up till September during the second quarter conference call the market would have excepted it. Now looks like we know it will not be this month and I am sure he knew that during the conference call. Very disappointing in the short term but I a looking for a spot to start adding more shares. GLTA

[ProDrone]

I would say that there is going to be some great deals in the short term but has anyone calculated what the hypothetical daily count at full capacity if there is no activity at Plant2?  For example if the plant was pushed back a month to September, how much EBITA are we talking here that will be at a "loss"? Is it really a"loss"???, look at the YOY, you don't need

[MuttleyKnows]

I am really surprised that the company will miss on plant 2 opening. One day left but looks likely. If it happens then this is fhe first time CV has missed on delivering. Not a good precedent to set for a stock priced for growth. CV should be more careful going forward on things not entirely under his control. 

[Benedictus]

  It wouldn't be the first time.  They missed the annual guidance target  in 2019 due to a disastrous hiring of a "seasoned" Sales exec who was fired that same year. The upped 2022 guidance was very aggressive especially for Q3. 353K tons produced with a big question mark arpund timing of plant 2 phase 1 commissioning was in hindsight perhaps too optimistic. But

[MuttleyKnows]

I am glad that CV hit the August target for Plant 2 (though just barely).  Looking forward to more positive news ahead.  If CV can meet the 2022 forecast, anyone care to venture a guess on where the corresponding share price will be?

[canadianbear]

Well Muttley Knows, given the somewhat soft and fluctuating share price this will be hard to estimate. I thought yesterdays announcement would provide a nice upward bump, but it seems to have slowed the downward momentum. I think the driver for year-end will be the announced dividend, hopefully in December. Given this and third 1/4 results my guess is back into the $10 range. It's hard to see

[tarnoir]

Or the macro factors being so negative drives overall sentiment into the toilet along with most stocks including NPK - probably do to the fact the SP has run so well. Market currently sucks. A little worried about escalation of costs - doubling of diesel prices etc.