We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Finally on track it seems. Sales delivery seems good and Harvest should be able to dig itself out of its self made hole if it continues to deliver now. Yay.
Be nice if they were consistent with the 29th of June
End of month (tomorrow)
Wheres the rns?
We should get a trading update late this week or early next week. Last year Q3 was nearly 26kt. To meet this years target of 80kt implies sales needs to be around 35kt this quarter. It’s not a precise science but I’d be happy if they remain on track. Obviously it would be even better if they remain ahead of target…..
Interim's are coming up. I was expecting them late October, but someone mentioned alot sooner? Sales growth as expected seems on track at least from today's announcement. I'm hoping the Interim's may give indications of further sales growth beyond previous expectations.
We could get be getting run up to the results day and after that, who knows?
Thanks WLH2 & Swingy - yes I was referring to our composting approach which makes our product better and cheaper (with coffee bush waste I believe etc) - sorry should have been more specific. Point is that with VERY large increases in fertiliser prices Harvest should also be tracking up in pricing and volumes...
Farmers are also benefiting from higher crop prices too, so again Harvest should be raking in sales easily (unless the sales team is completely hopeless and Brian should pay the price if he misses this prize gift in front of the company).
I think you know who changed his username, again.
Not exactly going up in anticipation, if it turns out they've done less than 90000 for the three months I dont think the market will be impressed.
But if you compost with it you replace the fertiliser for 1/3 the cost and improve your soil. That’s why everyone who’s bough has come back in larger quantities. The effect is cumulative/ compounded sales.
It's not quite that simple Source888 You need several tons of kp fertil reminiraliser to replace 1 ton of traditional fertiliser, I believe one video quoted 7 to 1. It still works out cheaper than fertilisers however. Volume should be good too, as you say.
Really think their pricing needs reviewing -- its tremendously cheaper than fertiliser costs which have been skyrocketing for 6 months now...Volume should not be a problem for Harvest given wider market strength...
I have $14 Aton e costs at 70kt. Most of the cost is fixed so that’s why I’ve said 9perT which means 30 profit. The 10:1 pe is below the market average. So 17p per share without any future growth factored in.
Great figures, but I doubt they're making $30 a ton at the moment. The processing costs will only come down when production is 200k upwards. Another factor is the currency, 200 real is now worth just under $38 so I can't see anyway we're making $30 a ton at the moment. I do agree, however, that the final figure should be over 100k this year, hopefully 120k and the excellent progress made this year will continue into next year.
150KT at $30 profit is $4.5M
P:e of 10 $45M market cap or 24c per share or 17p share price. That’s without any future growth priced in and a p:e 10. As they sell more, costs reduce, sentiment improves pe:20 this has massive potential
It would be nice to see 10p to be honest. 17p is market cap £33 which would be a very high p/e. The driver of the share price will be the company's cash balance. If they are not delivering the business model we're going nowhere. Speaking of drivers, nice to see the video on kp fertil's instagram showing the trucks lined up for loading with the caption "Full Steam Ahead!" - let's hope so
To 17p?
News inbound. If sales are strong this will re rate
Harvest better be all over this...Great backdrop for big sales increases and penetration of their products...(or Brian should definitely resign given his healthy package)...
https://www.nasdaq.com/articles/brazil-faces-fertilizer-delivery-delays-amid-belarus-sanctions-soy-group-2021-09-23
"Brazil faces fertilizer delivery delays amid Belarus sanctions - soy group"