Bullboard - Stock Discussion Forum Verde Agritech Ltd T.NPK

Alternate Symbol(s): VNPKF

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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

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Verde Agritech Ltd > Verde AgriTech Ltd's stock analysis

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Post by sdhaka on May 10, 2024 1:27pm

Verde AgriTech Ltd's stock analysis

Verde AgriTech Ltd's stock analysis, weekly insights, dynamic price charts, and comprehensive financial statements, including income, balance sheet, and cash flow statements, are now available for free. Sign up now at https://www.researchfrc.com/companies/NPK.TO!

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Comment by Mexiurl on May 10, 2024 6:56pm

Target price? 13 cents? Reverse split 1-10? New crowd of dreamers? Maybe become an AI play? Monetizing rocks? What? Farmers got no use for bulky product? But what about SAVING THE PLANET. Wtfh?

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Comment by Janota59 on May 11, 2024 1:31am

You forgot to mention Banco Caixa Geral Brasil S.A.

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Comment by Benedictus on May 12, 2024 4:16am

Can you please elaborate? You seem far more in the know wrt the issues Verde faces specific to the Brazilian government and banks.

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Comment by Janota59 on May 12, 2024 9:45pm

Benedictus, Here's the original link I posted last week. https://www.jusbrasil.com.br/diarios/DJSP/2024/04/29/Judicial-1a-instancia-capital-parte-i I've copied the process detail below. Just use google translate or similar. Pgina 348 da JUDICIAL_1A_INSTANCIA_CAPITAL_PARTE_I do Dirio de Justia do Estado de So Paulo (DJSP) de 29 de Abril de 2024 Processo 106XXXX-30.2024.8.26.0100 ...more

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Comment by Benedictus on May 13, 2024 2:19am

Many thanks. I've wondered if this recent steeper than expected sell off has been less to do with operational failures and more to do with the sizable debt, breach of covenants, along with no notification on renegotiated terms for a lot of debt coming due in 2024. The ceo really put the company in a precarious position and showed his navet by doing an enormous capex project right at ...more

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Comment by Janota59 on May 13, 2024 3:32am

That's quite possible though I think more so it's the trade/sales between FVS and Verde. If some investors are using those figures then make sure you use R$20/t (circa CAD$5.30) as the trade price!

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Comment by rudinm on May 13, 2024 1:40pm

My fear is possible bankruptcy.... I can stand the low price for some time but if the company goes into bankruptcy the shares are woth 0...Lets hope not¡¡¡¡¡

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Comment by Mexiurl on May 13, 2024 1:54pm

Take your own advice then SELL SELL SELL

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Comment by DiggeDiego on May 13, 2024 2:51pm

There is always the private placement solution, but to be on a safe path forward they would have to double the share count to around 100 mil.

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Comment by rudinm on May 13, 2024 3:07pm

yes i tought about that.... or a merger with nutrien or other company that would like to diversify in to green fertelizer...

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Comment by DiggeDiego on May 13, 2024 3:19pm

Unfortunately Brazil is the coldest place on earth for fertilizer companies at the moment, so I don't think there is any chance a take over or merger is possible. Most international companies want to divest rather than invest in the country....

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