Verde Agritech Ltd T.NPK

Earning are out!!!!!!

[rodrabal]

Met or beat expectations. Onwards and upwards

[thedave2006]

great.

[Abruzz0]

Great news! I thought that with that road problem Verde would not have another record quarter. I'm kind of relieved that the results are this good... 

[CapitalDawn]

The best part of today's announcement came like a gentle hurricane in the words of the President:   It was a pity that we could not fulfil all the orders placed in our books, having had to turn down so many orders because of the operational constraints then present, yet I applaud our team for their efforts and dedication during this quarter (!!!) ,” declared Verde’s Founder

[NeoBull]

Are you  serious @Abruzz0? If the the results were "this good" the stock price would have surged at least 10% yesterday. I'm very disappointed as well. Despite record quarterly revenues, costs and expenses skyrocketed, badly affecting operating profit and the bottom line. And please don't say inflation is the main cause behind this.  By the way, I'm intrigued and

[rodrabal]

  Of course costs and expenses are gone up. They had to hire more people, more truck, more diesel fuel,more equipment and of course the extra expenses for the road repairs.  That should all come into line as production ramps up. You can't make lemonade without squeezing a few lemons lol

[NeoBull]

It looks like Cris squeezed to many lemons lol. The market reaction speaks for itself. Stock price closed at $6.08 today on the way down to $5 in the coming days. I'm sick of this yo-yo stock. Dumped mine Tuesday.

[rudinm]

Bye Bye of You go... not sure what you talking about the stock ytd is up 250% and mayge will or could rise 50-100% next year....so You are just a bad speculator not an investor,,,

[RusticHit]

from 8 to under 6 in 3-4 days wtffss is going On with this Junkie

[RusticHit]

Any hope left for 7-8 or this is doomed by shorts  markets roaring back and this one dumping Hard every day

[Moonshot13]

shorts are minimal and play no role in it's dump trend back to 4

[rudinm]

I guess RusticHit never owned a business...You are a bad speculator.. I bought my shares at 88 cents cad$ and I have me best year in inestmets ever. I do some speculation and done ok ... But npk:to is an invesmtent and if it makes 70 cents to 1.2 cad$ next year I am very happy since I invested for the long run in it

[RusticHit]

 your average is in Dimes so no worry for you  but if some one bought in 7-8 range or above this is big pain now and these mining stocks are never easy to buy and hold i think Financing is coming 

[Benedictus]

  No financing is coming. While capex for plant 2 was a big cost overrun from the original projection and both production and delivery costs per ton bear close monitoring, ongoing cash generation and current working capital is sufficient to run this operation. But now that plant 2 capex is completed, I'll feel far more comfortable when debt is substantially reduced especially as they

[rudinm]

Kaiser Watch was construtive today..and good potental for the next 2 years in profit growth

[MuttleyKnows]

Kaiser was bullish for 2023.  I think he is right.  The company has all the pieces in place for a big year next year.  What happens in the next two quarters before the primary growing season in Q2 and Q3 next year are not critical in the long term growth prospects of the company. He also noted that a US listing and increased instiutional interest should also boost the stock. 

[goldwatch69]

I'd be cautious. CV didn't mention guidance, did he? Looks like this year will be under the 700,000 tonne target. Next year should be a lot better.

[Sage4Puck]

Yes GoldWatch, Q4 should see lower production/delivery to the point that 700kt might be out of reach. In any event, 2022 will surely be another record year for NPK. Not many TSX companies will be able to claim that much.

[goldwatch69]

Yes, but... bottom line counts and disappointing results create more uncertainty. Earnings looking less and less. Worth holding for the long term for 2023 yet falling prices will eat into bottom line. Sales lower than last quarter. Selling 2 million tonnes or more looking like wishful thinking at this point. Without confirmation uncertainty will fester. Holding for now, getting ready to dump it.