RE: Satisfied with my entry and the update20 Apr 2023 11:37
The bulls are going to be pleased to hear that I intend posting less again here unless and until I increase my bet size here again (Great if that happens soon but my guess is it won't)
Per me halving my bet in play here this week - and it now being approx 1/3 of my peak bet here - I'm firmly in the bear camp on performance versus invoiced sales targets for 2023, now.. and modestly in the bear camp on s/p too.. but the s/p is very low now for a still solid company, in fairness .. but if q2 and especialy q3 invoiced sales are well off target then this s/p can readily find itself in the 4's p imho, alas.
More generally, my guess is they'll miss that annual 200kt target by a significant distance and KPF prices will be brought down decently - but not hugely - and there won't be any dividend declared this year, but great if I'm wrong on any/all this. Towards balance, it's just my opinion/view - and we all have our own opinion/view - and also I have decently more hope for 24 than 23 now, when I expect less of a fertilizer glut/cheap fertliizer situation in the Brazil market.