Plant Health Share Price (PHC)

Backs up TU this week, good connection to our main distributor COPLACANA

Antonio Carlos is a sales executive in the agro segment with extensive experience in input companies and cooperatives, having worked at COPLACANA - Orgulho do Agro Pride of Agribusiness for 7 years.

https://www.linkedin.com/posts/plant-health-care-brasil_rompendoasbarreirasdaprodutividade-agro-agronegaejcio-activity-7194637340349267968-Xb4g/

If its just a case of short term cash flow caused by lumpy orders, perhaps an invoice discounting facility would be sufficient.

Taking the year end of December for example, PHC would be showing receivables in excess of $1.5m before being paid.

This was also highlighted during last years IMC presentation, when I think Jeff H remarked on a large payment outstanding expected the month, he also commented their customer profile being high profile long established businesses.

There’s a new online LinkedIn poster with the strap line ‘PHC ESG’.

I can see them issuing sustainability bonds which would be a non- dilutive way of raising cash.

Wouldn’t be a bad idea to use that LSE Green Economy mark. I’ve suggested it to CR previously.

Cavendish summarise their note today with:

“Valuation does not reflect underlying performance and how close the company is to funding self-

sufficiency. With a proven and growing product portfolio showing its resilience in a tough market, and

the company on the verge of profitability, we continue to see the company as highly undervalued”

Good day today and nice rise