The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Sharegar
It's on the Harvest Minerals website , but I've put the link below for you
https://twitter.com/i/status/1311641678164393985
ADVFN are showing a closing price of 2.2p and a 0.25p rise today. The trades show a 800k flip (sell 2.03 then buy 2.2) Either way, nice to see blue this week and let's hope next week's trading update can propel it higher. Be nice to see a picture of the new storage shed released with the results.
Agree with all your sentiments John, this has been a disaster from start to finish. You might get the results on Tuesday 29th September, but can't see them being any good. Will they provide an update? Dare they indicate an annual sales figure with only three months of the year left ? It amazes me how they have the nerve to draw their salaries. Oh well, let's see what tomorrow brings (1.75 ?)
By Roberto Samora
SAO PAULO, Sept 1 (Reuters) - "The price of Brazilian agricultural
commodities such as soybeans, corn, coffee and rice has reached record levels as
strong demand and a weak currency drove prices higher in local currency,
according to data from Cepea, a research center linked to the São Paulo
University.
Brazil's soybean quotes are up by more than 50% in nominal terms compared to
the same period last year, as China continues to buy ever larger amounts of the
oilseeds from Brazil, Cepea data showed. On Monday, Brazil's main export product
hit 137.76 reais per 60 kg bag, less than 2 reais below an all-time high of 139
reais in 2012.
In the case of coffee, the rise in Arabica prices was more than 45% in 12
months, also in nominal terms, despite the fact that Brazil is wrapping up a
record harvest, the data showed.
Even as Brazilian farmers collect more than 100 million tonnes of corn this
season, the price of the cereal, which is used to make livestock feed, rose more
than 65% in 12 months, to a new nominal record above 60 reais per 60-kg bag,
according to data from Cepea."
Are the sales team still working from home ?
Take the rose tinted sunglasses off and research the company properly. Sales have NEVER been above expectations, the company spends considerably more than it brings in and its communication with shareholders is disastrous to say the least. When you say " not long until results" you are referring to the results to the end of December 2019 NINE months ago! (In contrast, Verde have just published their results to June 2020) Good luck with the ramping by the way!
Yeah, you're probably right judging by the way the company's performed over the last two years. Oh well, it was a nice dream! Report in today's paper says Brazil is now approaching peak of virus after passing 4 million infections. Hope this is true as the country has certainly gone through grim times, considerably more so than other countries. Hope all is well bopd.
Fine by me, as long as it's 10p - let's face it we spent a fortune on the plant. Solar cells, connected to the grid, two storage sheds, 320k current production capacity - got to be worth £20 million to someone. Think of the potential - we've had four years to do that!
Coffee price up 40% since mid June, you would think they would have farmers queueing up for the product, but no - down we go again! I think they're waiting to complete the extra storage shed before announcing results to deflect the (obviously) bad news. That sales team sure gets its money easy.