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Bullboard - Stock Discussion Forum Vertex Resource Group Ltd VTXGF


Primary Symbol: V.VTX

Industrials
Vertex Resource Group Ltd. is a Canada-based provider of environmental services. It provides environmental consulting and support services to a diverse clientele across Canada and in select locations in the United States. Its segment includes Engineering and Environmental Consulting services and Environmental Services. Environmental Consulting consists of a variety of services related to... see more

TSXV:VTX - Post Discussion

Vertex Resource Group Ltd > why no interest in company?
View:
Post by Sil.D on Apr 25, 2024 6:57pm

why no interest in company?

this company seems to be making good profit but seems to have 0 interest in stock. any obvious reason.
Comment by AndyNewmark on May 22, 2024 9:39am
Industry conditions are nearly perfect. VTX delivers negative earnings in the best Q in the calendar. This all equals = No Interest 
Comment by mrmoribund on Jun 17, 2024 1:21pm
Four reasons come to mind: (1) 32 Degrees Capital overhang - no way to know for sure how many shares ultimately must be sold. (2) Debt level - note how finance costs have gone up with interest rates. (3) So-so Q1 result - fits pattern of company having a hard time getting to consistent profitability. (4) Share buyback appears to have stopped - no buybacks reported on SEDI for May 2024 / may ...more  
Vertex Resource Group Ltd
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