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Bullboard - Stock Discussion Forum Very Good Food Company Inc VGFCQ

Very Good Food Company Inc is a Canada-based company. The Company engaged in food manufacturing.

GREY:VGFCQ - Post Discussion

Very Good Food Company Inc > Very Good Food Butchers 'First Bean' at Rupert Facility
View:
Post by LWillingdon2001 on Apr 06, 2021 12:15pm

Very Good Food Butchers 'First Bean' at Rupert Facility

https://finance.yahoo.com/news/very-good-food-company-butchers-110000369.html

some good news

The Rupert facility can produce up to 37,000,000 lbs of annualized product from the two production lines to be phased in over the year, representing an approximate increase of 2,690% over expected annualized production capacity of the VERY's Victoria facility of 1,375,000 lbs per year.
Comment by PhDtrader on Apr 06, 2021 1:59pm
This is a huge milestone for the company! Very now steps out of their Victoria Butcher shop and into a massive facility , and are doing so practically ( maybe a week late) on schedule giving a huge vote of confidence.  Two big takeaways: 1) Very team has talents (and not lots more experience) to realize their growth ambitions 2) bottom line is about to increase rapidly. Last weeks news ...more  
Comment by windywolf on Apr 07, 2021 7:41pm
Nothing wrong with riding a hot stock. But always keep your eye on the mc. When that gets out of whack, theres going to be a pullback. Not bashing very by any means. May  justify the mc at 9 one day. But not right now.
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